CMBZ: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CMBZ
Largest movements
- Tangible fixed assets -€27,642
down €27,642 (-41.0%), from €67,376 to €39,734
of which Furniture and vehicles: -€24,663
- Receivables within one year +€2,457
new in 2025: €2,457
- Debts after one year -€16,224
no longer reported in 2025 (was €16,224)
- Current portion of long-term debt -€6,062
no longer reported in 2025 (was €6,062)
- Short-term financial debts -€5,018
no longer reported in 2025 (was €5,018)
- Trade debts +€3,808
up €3,808 (+20,980%), from €18 to €3,826
- Other debts -€3,660
down €3,660 (-12.4%), from €29,577 to €25,917
- Gross operating margin -€49,194
down €49,194 (-72.3%), from €68,036 to €18,842
- Depreciation -€18,340
down €18,340 (-73.2%), from €25,070 to €6,730
- Taxes -€6,396
down €6,396 (-72.0%), from €8,881 to €2,485
- Financial charges +€1,810
up €1,810 (+107%), from €1,692 to €3,502
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,109 | €69,623 | -€23,486 | -25.2% |
| Fixed assets | 21/28 | €67,376 | €39,734 | -€27,642 | -41.0% |
| Tangible fixed assets | 22/27 | €67,376 | €39,734 | -€27,642 | -41.0% |
| Plant, machinery and equipment | 23 | €1,598 | €3,012 | +€1,414 | +88.5% |
| Furniture and vehicles | 24 | €26,720 | €2,057 | -€24,663 | -92.3% |
| Other tangible fixed assets | 26 | €39,058 | €34,665 | -€4,394 | -11.2% |
| Current assets | 29/58 | €25,733 | €29,889 | +€4,156 | +16.2% |
| Amounts receivable within one year | 40/41 | - | €2,457 | +€2,457 | |
| Other amounts receivable | 41 | - | €2,457 | +€2,457 | |
| Cash at bank and in hand | 54/58 | €16,561 | €17,416 | +€855 | +5.2% |
| Deferred charges and accrued income | 490/1 | €9,172 | €10,016 | +€844 | +9.2% |
| Total equity and liabilities | 10/49 | €93,109 | €69,623 | -€23,486 | -25.2% |
| Equity | 10/15 | €32,329 | €35,499 | +€3,170 | +9.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,329 | €32,499 | +€3,170 | +10.8% |
| Amounts payable | 17/49 | €60,780 | €34,124 | -€26,657 | -43.9% |
| Amounts payable after more than one year | 17 | €16,224 | - | -€16,224 | |
| Financial debts | 170/4 | €16,224 | - | -€16,224 | |
| Amounts payable within one year | 42/48 | €43,557 | €33,124 | -€10,433 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €6,062 | - | -€6,062 | |
| Financial debts | 43 | €5,018 | - | -€5,018 | |
| Credit institutions | 430/8 | €5,018 | - | -€5,018 | |
| Trade debts | 44 | €18 | €3,826 | +€3,808 | +20,980% |
| Suppliers | 440/4 | €18 | €3,826 | +€3,808 | +20,980% |
| Taxes, remuneration and social security | 45 | €2,881 | €3,381 | +€499 | +17.3% |
| Taxes | 450/3 | €2,881 | €3,381 | +€499 | +17.3% |
| Other amounts payable | 47/48 | €29,577 | €25,917 | -€3,660 | -12.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,070 | €6,730 | -€18,340 | -73.2% |
| Other operating charges | 640/8 | €2,233 | €2,123 | -€110 | -4.9% |
| Gross operating margin | 9900 | €68,036 | €18,842 | -€49,194 | -72.3% |
| Operating profit (loss) | 9901 | €40,734 | €9,990 | -€30,744 | -75.5% |
| Financial charges | 65/66B | €1,692 | €3,502 | +€1,810 | +107% |
| Recurring financial charges | 65 | €1,692 | €3,502 | +€1,810 | +107% |
| Profit (loss) for the period before taxes | 9903 | €39,043 | €6,488 | -€32,555 | -83.4% |
| Income taxes | 67/77 | €8,881 | €2,485 | -€6,396 | -72.0% |
| Profit (loss) for the period | 9904 | €30,162 | €4,003 | -€26,158 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,162 | €4,003 | -€26,158 | -86.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.