CMC HOLDING: 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.
CMC HOLDING
Largest movements
- Current investments +€1.1m
up €1.1m (+300%), from €350,000 to €1.4m
- Tangible fixed assets +€350,118
new in 2025: €350,118
- Receivables within one year +€70,116
up €70,116 (+25.0%), from €280,927 to €351,043
of which Trade receivables: +€61,921
- Profit (loss) carried forward +€985,930
up €985,930 (+162%), from €607,175 to €1.6m
- Other debts +€479,430
up €479,430 (+2,255%), from €21,265 to €500,695
- Financial income +€890,373
up €890,373 (+177%), from €504,398 to €1.4m
- Gross operating margin +€34,262
up €34,262 (+47.2%), from €72,517 to €106,778
- Write-downs +€7,680
new in 2025: €7,680
- Taxes +€6,424
up €6,424 (+31.7%), from €20,262 to €26,685
- Other operating charges -€1,215
down €1,215 (-71.8%), from €1,693 to €478
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 | €673,917 | €2,145,580 | +€1.5m | +218% |
| Fixed assets | 21/28 | €100 | €350,218 | +€350,118 | +350,118% |
| Tangible fixed assets | 22/27 | - | €350,118 | +€350,118 | |
| Land and buildings | 22 | - | €350,118 | +€350,118 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €673,817 | €1,795,362 | +€1.1m | +166% |
| Amounts receivable within one year | 40/41 | €280,927 | €351,043 | +€70,116 | +25.0% |
| Trade receivables | 40 | €47,797 | €109,717 | +€61,921 | +130% |
| Other amounts receivable | 41 | €233,131 | €241,326 | +€8,195 | +3.5% |
| Current investments | 50/53 | €350,000 | €1,400,000 | +€1.1m | +300% |
| Cash at bank and in hand | 54/58 | €42,890 | €43,370 | +€480 | +1.1% |
| Deferred charges and accrued income | 490/1 | - | €950 | +€950 | |
| Total equity and liabilities | 10/49 | €673,917 | €2,145,580 | +€1.5m | +218% |
| Equity | 10/15 | €607,175 | €1,593,105 | +€985,930 | +162% |
| Profit (loss) carried forward | 14 | €607,175 | €1,593,105 | +€985,930 | +162% |
| Amounts payable | 17/49 | €66,742 | €552,476 | +€485,734 | +728% |
| Amounts payable within one year | 42/48 | €66,742 | €552,476 | +€485,734 | +728% |
| Trade debts | 44 | €1,737 | €5,433 | +€3,696 | +213% |
| Suppliers | 440/4 | €1,737 | €5,433 | +€3,696 | +213% |
| Taxes, remuneration and social security | 45 | €43,740 | €46,347 | +€2,608 | +6.0% |
| Taxes | 450/3 | €43,740 | €46,347 | +€2,608 | +6.0% |
| Other amounts payable | 47/48 | €21,265 | €500,695 | +€479,430 | +2,255% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €602 | +€602 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,680 | +€7,680 | |
| Other operating charges | 640/8 | €1,693 | €478 | -€1,215 | -71.8% |
| Gross operating margin | 9900 | €72,517 | €106,778 | +€34,262 | +47.2% |
| Operating profit (loss) | 9901 | €70,823 | €98,018 | +€27,195 | +38.4% |
| Financial income | 75/76B | €504,398 | €1,394,771 | +€890,373 | +177% |
| Recurring financial income | 75 | €504,398 | €1,394,771 | +€890,373 | +177% |
| Financial charges | 65/66B | €668 | €174 | -€494 | -74.0% |
| Recurring financial charges | 65 | €668 | €174 | -€494 | -74.0% |
| Profit (loss) for the period before taxes | 9903 | €574,553 | €1,492,615 | +€918,061 | +160% |
| Income taxes | 67/77 | €20,262 | €26,685 | +€6,424 | +31.7% |
| Profit (loss) for the period | 9904 | €554,292 | €1,465,930 | +€911,638 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €554,292 | €1,465,930 | +€911,638 | +164% |
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 29 October 2026 via checked.be.