CMC CONSTRUCT: 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.
CMC CONSTRUCT
Largest movements
- Cash -€21,554
down €21,554 (-59.7%), from €36,117 to €14,563
mainly Trade debts (-€39,113) and Contributions, distributions and other (-€33,469)
- Tangible fixed assets -€18,618
down €18,618 (-3.5%), from €528,932 to €510,314
of which Land and buildings: -€13,728
- Receivables within one year -€13,073
down €13,073 (-24.0%), from €54,443 to €41,370
of which Other amounts receivable: -€7,641
- Deferred charges and accrued income +€7,620
new in 2025: €7,620
- Other debts +€45,785
up €45,785 (+347.7%), from €13,169 to €58,954
- Trade debts -€39,113
down €39,113 (-85.8%), from €45,562 to €6,449
- Reserves -€33,700
down €33,700 (-29.2%), from €115,560 to €81,860
of which Distributable reserves: -€33,700
- Profit (loss) carried forward +€33,139
up €33,139 (+183.5%), from €18,056 to €51,195
- Advances received -€28,502
no longer reported in 2025 (was €28,502)
- Taxes -€17,060
down €17,060 (-78.9%), from €21,622 to €4,562
- Gross operating margin -€9,377
down €9,377 (-10.4%), from €90,250 to €80,873
- Other operating charges +€6,586
up €6,586 (+93.8%), from €7,019 to €13,605
- Depreciation -€2,913
down €2,913 (-12.8%), from €22,682 to €19,769
- Financial charges +€2,622
up €2,622 (+35.5%), from €7,392 to €10,014
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €619,493 | €573,867 | -€45,626 | -7.4% |
| Fixed assets | 21/28 | €528,932 | €510,314 | -€18,618 | -3.5% |
| Tangible fixed assets | 22/27 | €528,932 | €510,314 | -€18,618 | -3.5% |
| Land and buildings | 22 | €507,245 | €493,518 | -€13,728 | -2.7% |
| Plant, machinery and equipment | 23 | €3,438 | €1,701 | -€1,737 | -50.5% |
| Furniture and vehicles | 24 | €18,249 | €15,096 | -€3,154 | -17.3% |
| Current assets | 29/58 | €90,561 | €63,553 | -€27,008 | -29.8% |
| Amounts receivable within one year | 40/41 | €54,443 | €41,370 | -€13,073 | -24.0% |
| Trade receivables | 40 | €37,533 | €32,101 | -€5,432 | -14.5% |
| Other amounts receivable | 41 | €16,910 | €9,269 | -€7,641 | -45.2% |
| Cash at bank and in hand | 54/58 | €36,117 | €14,563 | -€21,554 | -59.7% |
| Deferred charges and accrued income | 490/1 | - | €7,620 | +€7,620 | |
| Total equity and liabilities | 10/49 | €619,493 | €573,867 | -€45,626 | -7.4% |
| Equity | 10/15 | €147,816 | €147,255 | -€561 | -0.4% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €115,560 | €81,860 | -€33,700 | -29.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €113,700 | €80,000 | -€33,700 | -29.6% |
| Profit (loss) carried forward | 14 | €18,056 | €51,195 | +€33,139 | +183.5% |
| Amounts payable | 17/49 | €471,676 | €426,612 | -€45,065 | -9.6% |
| Amounts payable after more than one year | 17 | €320,388 | €300,126 | -€20,262 | -6.3% |
| Financial debts | 170/4 | €314,988 | €294,726 | -€20,262 | -6.4% |
| Other amounts payable | 178/9 | €5,400 | €5,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €151,289 | €126,486 | -€24,802 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €29,465 | €35,298 | +€5,833 | +19.8% |
| Trade debts | 44 | €45,562 | €6,449 | -€39,113 | -85.8% |
| Suppliers | 440/4 | €45,562 | €6,449 | -€39,113 | -85.8% |
| Advances received on contracts in progress | 46 | €28,502 | - | -€28,502 | |
| Taxes, remuneration and social security | 45 | €34,590 | €25,786 | -€8,805 | -25.5% |
| Taxes | 450/3 | €34,590 | €25,786 | -€8,805 | -25.5% |
| Other amounts payable | 47/48 | €13,169 | €58,954 | +€45,785 | +347.7% |
| Remuneration, social security and pensions | 62 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,682 | €19,769 | -€2,913 | -12.8% |
| Other operating charges | 640/8 | €7,019 | €13,605 | +€6,586 | +93.8% |
| Non-recurring operating charges | 66A | €2,778 | - | -€2,778 | |
| Gross operating margin | 9900 | €90,250 | €80,873 | -€9,377 | -10.4% |
| Operating profit (loss) | 9901 | €57,770 | €47,484 | -€10,286 | -17.8% |
| Financial charges | 65/66B | €7,392 | €10,014 | +€2,622 | +35.5% |
| Recurring financial charges | 65 | €7,392 | €10,014 | +€2,622 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €50,378 | €37,470 | -€12,908 | -25.6% |
| Income taxes | 67/77 | €21,622 | €4,562 | -€17,060 | -78.9% |
| Profit (loss) for the period | 9904 | €28,756 | €32,908 | +€4,151 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,756 | €32,908 | +€4,151 | +14.4% |
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 6 October 2026 via checked.be.