CMC: what changed
Two fiscal 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.
What changed
CMC
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€983,236
2024 · €941,335+€41,901
Equity
€4.0m
2024 · €3.9m+€123,326
Cash
€394,340
2024 · €277,458+€116,882
Balance sheet total
€4.8m
2024 · €4.7m+€105,927
Largest movements
Assets
- Cash +€116,882
up €116,882 (+42.1%), from €277,458 to €394,340
mainly Net result for the year (+€983,236) and Depreciation (+€131,059)
- Current investments -€68,674
down €68,674 (-1.8%), from €3.8m to €3.7m
Equity and liabilities
- Reserves +€123,326
up €123,326 (+3.2%), from €3.9m to €4.0m
of which Distributable reserves: +€123,326
Income statement
- Gross operating margin +€99,578
up €99,578 (+5.1%), from €2.0m to €2.1m
- Financial income +€82,337
up €82,337 (+130.6%), from €63,064 to €145,401
- Depreciation +€60,747
up €60,747 (+86.4%), from €70,312 to €131,059
- Staff costs +€56,876
up €56,876 (+10.4%), from €548,247 to €605,123
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.
Result 2024
€941,335
Gross operating margin
+€99,578
Staff costs
-€56,876
Depreciation
-€60,747
Write-downs
-€16,091
Other operating charges
-€231
Financial income
+€82,337
Financial charges
-€3,255
Taxes
-€2,813
Result 2025
€983,236
Cash bridge derived
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.
From operations
+€1.0m
Investment
-€60,207
Financing
-€859,911
Cash 2024
€277,458
From operations (derived)
+€1.0m
Net result for the year
+€983,236
Depreciation
+€131,059
Stocks and contracts
-€16,563
Receivables within one year
-€39,047
Deferred charges and accrued income
-€4,286
Trade debts
+€6,596
Tax, wage and social debts
-€6,414
Other debts
-€38,821
Accrued charges and deferred income
+€21,240
Investment (derived)
-€60,207
Investment in fixed assets (net)
-€128,881
Current investments
+€68,674
Financing
-€859,911
Contributions, distributions and other
-€859,911
Cash 2025
€394,340
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,662,375 | €4,768,302 | +€105,927 | +2.3% |
| Fixed assets | 21/28 | €264,460 | €262,282 | -€2,177 | -0.8% |
| Tangible fixed assets | 22/27 | €264,460 | €262,282 | -€2,177 | -0.8% |
| Land and buildings | 22 | €2,406 | €0 | -€2,406 | -100.0% |
| Furniture and vehicles | 24 | €262,054 | €262,282 | +€229 | +0.1% |
| Current assets | 29/58 | €4,397,915 | €4,506,019 | +€108,104 | +2.5% |
| Stocks and contracts in progress | 3 | €53,801 | €70,363 | +€16,563 | +30.8% |
| Stocks | 30/36 | €53,801 | €70,363 | +€16,563 | +30.8% |
| Amounts receivable within one year | 40/41 | €289,379 | €328,426 | +€39,047 | +13.5% |
| Trade receivables | 40 | €289,129 | €281,379 | -€7,750 | -2.7% |
| Other amounts receivable | 41 | €250 | €47,047 | +€46,797 | +18718.8% |
| Current investments | 50/53 | €3,775,296 | €3,706,622 | -€68,674 | -1.8% |
| Cash at bank and in hand | 54/58 | €277,458 | €394,340 | +€116,882 | +42.1% |
| Deferred charges and accrued income | 490/1 | €1,981 | €6,268 | +€4,286 | +216.3% |
| Total equity and liabilities | 10/49 | €4,662,375 | €4,768,302 | +€105,927 | +2.3% |
| Equity | 10/15 | €3,884,707 | €4,008,032 | +€123,326 | +3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,866,114 | €3,989,440 | +€123,326 | +3.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,866,114 | €3,989,440 | +€123,326 | +3.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €777,669 | €760,270 | -€17,399 | -2.2% |
| Amounts payable within one year | 42/48 | €538,761 | €500,122 | -€38,639 | -7.2% |
| Trade debts | 44 | €48,173 | €54,769 | +€6,596 | +13.7% |
| Suppliers | 440/4 | €48,173 | €54,769 | +€6,596 | +13.7% |
| Advances received on contracts in progress | 46 | €610 | €610 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €91,238 | €84,824 | -€6,414 | -7.0% |
| Taxes | 450/3 | €28,661 | €20,697 | -€7,964 | -27.8% |
| Remuneration and social security | 454/9 | €62,577 | €64,127 | +€1,550 | +2.5% |
| Other amounts payable | 47/48 | €398,739 | €359,918 | -€38,821 | -9.7% |
| Accrued charges and deferred income | 492/3 | €238,908 | €260,148 | +€21,240 | +8.9% |
| Non-recurring operating income | 76A | €31,125 | €7,438 | -€23,687 | -76.1% |
| Remuneration, social security and pensions | 62 | €548,247 | €605,123 | +€56,876 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,312 | €131,059 | +€60,747 | +86.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,091 | +€16,091 | |
| Other operating charges | 640/8 | €7,398 | €7,629 | +€231 | +3.1% |
| Gross operating margin | 9900 | €1,964,984 | €2,064,562 | +€99,578 | +5.1% |
| Operating profit (loss) | 9901 | €1,339,027 | €1,304,659 | -€34,368 | -2.6% |
| Financial income | 75/76B | €63,064 | €145,401 | +€82,337 | +130.6% |
| Recurring financial income | 75 | €63,064 | €145,401 | +€82,337 | +130.6% |
| Financial charges | 65/66B | €22,307 | €25,562 | +€3,255 | +14.6% |
| Recurring financial charges | 65 | €22,307 | €25,562 | +€3,255 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €1,379,784 | €1,424,498 | +€44,714 | +3.2% |
| Income taxes | 67/77 | €438,448 | €441,261 | +€2,813 | +0.6% |
| Profit (loss) for the period | 9904 | €941,335 | €983,236 | +€41,901 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €941,335 | €983,236 | +€41,901 | +4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.