CMC328: 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.
CMC328
Largest movements
- Cash +€20,884
up €20,884 (+116%), from €18,081 to €38,965
mainly Net result for the year (+€22,895) and Depreciation (+€16,013)
- Tangible fixed assets -€14,416
down €14,416 (-15.8%), from €91,209 to €76,793
of which Other tangible fixed assets: -€10,746
- Intangible fixed assets -€1,597
down €1,597 (-38.5%), from €4,148 to €2,551
- Profit (loss) carried forward +€22,895
up €22,895 (+76.9%), from -€29,788 to -€6,893
- Debts after one year -€14,726
down €14,726 (-19.7%), from €74,575 to €59,849
- Investment grants -€4,216
down €4,216 (-37.2%), from €11,342 to €7,126
- Gross operating margin +€11,464
up €11,464 (+46.0%), from €24,940 to €36,404
- Financial income +€4,116
up €4,116 (+4,116%), from €100 to €4,216
- Depreciation -€1,355
down €1,355 (-7.8%), from €17,369 to €16,013
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 | €123,493 | €127,949 | +€4,456 | +3.6% |
| Fixed assets | 21/28 | €96,357 | €80,344 | -€16,013 | -16.6% |
| Intangible fixed assets | 21 | €4,148 | €2,551 | -€1,597 | -38.5% |
| Tangible fixed assets | 22/27 | €91,209 | €76,793 | -€14,416 | -15.8% |
| Plant, machinery and equipment | 23 | €17,632 | €14,849 | -€2,783 | -15.8% |
| Furniture and vehicles | 24 | €3,738 | €2,850 | -€888 | -23.8% |
| Other tangible fixed assets | 26 | €69,839 | €59,093 | -€10,746 | -15.4% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €27,136 | €47,606 | +€20,470 | +75.4% |
| Amounts receivable within one year | 40/41 | €8,862 | €8,461 | -€402 | -4.5% |
| Trade receivables | 40 | €8,646 | €8,228 | -€418 | -4.8% |
| Other amounts receivable | 41 | €216 | €233 | +€16 | +7.6% |
| Cash at bank and in hand | 54/58 | €18,081 | €38,965 | +€20,884 | +116% |
| Deferred charges and accrued income | 490/1 | €193 | €180 | -€13 | -6.5% |
| Total equity and liabilities | 10/49 | €123,493 | €127,949 | +€4,456 | +3.6% |
| Equity | 10/15 | -€13,446 | €5,233 | +€18,679 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,788 | -€6,893 | +€22,895 | +76.9% |
| Investment grants | 15 | €11,342 | €7,126 | -€4,216 | -37.2% |
| Amounts payable | 17/49 | €136,939 | €122,716 | -€14,222 | -10.4% |
| Amounts payable after more than one year | 17 | €74,575 | €59,849 | -€14,726 | -19.7% |
| Financial debts | 170/4 | €74,575 | €59,849 | -€14,726 | -19.7% |
| Amounts payable within one year | 42/48 | €62,298 | €62,800 | +€502 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €14,525 | €14,726 | +€201 | +1.4% |
| Trade debts | 44 | €1,105 | €2,152 | +€1,047 | +94.7% |
| Suppliers | 440/4 | €1,105 | €2,152 | +€1,047 | +94.7% |
| Taxes, remuneration and social security | 45 | €3,959 | €3,374 | -€586 | -14.8% |
| Taxes | 450/3 | €3,959 | €3,374 | -€586 | -14.8% |
| Other amounts payable | 47/48 | €42,709 | €42,549 | -€160 | -0.4% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,369 | €16,013 | -€1,355 | -7.8% |
| Other operating charges | 640/8 | €66 | €353 | +€287 | +437% |
| Gross operating margin | 9900 | €24,940 | €36,404 | +€11,464 | +46.0% |
| Operating profit (loss) | 9901 | €7,506 | €20,037 | +€12,532 | +167% |
| Financial income | 75/76B | €100 | €4,216 | +€4,116 | +4,116% |
| Recurring financial income | 75 | €100 | €4,216 | +€4,116 | +4,116% |
| Financial charges | 65/66B | €1,666 | €1,359 | -€308 | -18.5% |
| Recurring financial charges | 65 | €1,666 | €1,359 | -€308 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €5,939 | €22,895 | +€16,955 | +285% |
| Profit (loss) for the period | 9904 | €5,939 | €22,895 | +€16,955 | +285% |
| Profit (loss) for the period to be appropriated | 9905 | €5,939 | €22,895 | +€16,955 | +285% |
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 30 October 2026 via checked.be.