CMCC: 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.
CMCC
Largest movements
- Tangible fixed assets +€1.9m
up €1.9m (+82.2%), from €2.3m to €4.3m
of which Land and buildings: +€1.9m
- Stocks and contracts -€1.7m
down €1.7m (-100.0%), from €1.7m to €0
- Receivables within one year -€136,349
down €136,349 (-25.3%), from €537,891 to €401,542
of which Trade receivables: -€140,062
- Other debts -€431,264
down €431,264 (-40.5%), from €1.1m to €633,022
- Advances received +€340,708
new in 2025: €340,708
- Debts after one year +€233,751
up €233,751 (+8.6%), from €2.7m to €3.0m
- Tax, wage and social debts -€130,149
down €130,149 (-80.5%), from €161,709 to €31,559
- Current portion of long-term debt +€129,365
up €129,365 (+141.2%), from €91,622 to €220,987
- Gross operating margin +€98,266
up €98,266 (+29.5%), from €333,496 to €431,762
- Depreciation +€87,679
up €87,679 (+57.4%), from €152,787 to €240,466
- Financial charges -€11,756
down €11,756 (-8.1%), from €145,318 to €133,562
- Other operating charges +€7,669
up €7,669 (+34.9%), from €21,996 to €29,665
- Taxes +€5,632
up €5,632 (+86.8%), from €6,491 to €12,123
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.
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 | €4,618,027 | €4,697,784 | +€79,758 | +1.7% |
| Fixed assets | 21/28 | €2,339,836 | €4,263,066 | +€1.9m | +82.2% |
| Tangible fixed assets | 22/27 | €2,339,836 | €4,263,066 | +€1.9m | +82.2% |
| Land and buildings | 22 | €2,297,454 | €4,229,911 | +€1.9m | +84.1% |
| Plant, machinery and equipment | 23 | €19,071 | €14,089 | -€4,982 | -26.1% |
| Furniture and vehicles | 24 | €23,311 | €19,066 | -€4,245 | -18.2% |
| Current assets | 29/58 | €2,278,191 | €434,719 | -€1.8m | -80.9% |
| Stocks and contracts in progress | 3 | €1,718,863 | €0 | -€1.7m | -100.0% |
| Stocks | 30/36 | €1,718,863 | €0 | -€1.7m | -100.0% |
| Amounts receivable within one year | 40/41 | €537,891 | €401,542 | -€136,349 | -25.3% |
| Trade receivables | 40 | €398,502 | €258,440 | -€140,062 | -35.1% |
| Other amounts receivable | 41 | €139,389 | €143,102 | +€3,713 | +2.7% |
| Cash at bank and in hand | 54/58 | €9,786 | €18,569 | +€8,783 | +89.8% |
| Deferred charges and accrued income | 490/1 | €11,650 | €14,607 | +€2,957 | +25.4% |
| Total equity and liabilities | 10/49 | €4,618,027 | €4,697,784 | +€79,758 | +1.7% |
| Equity | 10/15 | €246,303 | €267,441 | +€21,138 | +8.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €233,903 | €255,041 | +€21,138 | +9.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,583 | €15,583 | = | 0.0% |
| Distributable reserves | 133 | €216,465 | €237,603 | +€21,138 | +9.8% |
| Amounts payable | 17/49 | €4,371,724 | €4,430,343 | +€58,619 | +1.3% |
| Amounts payable after more than one year | 17 | €2,720,299 | €2,954,050 | +€233,751 | +8.6% |
| Financial debts | 170/4 | €2,720,299 | €2,954,050 | +€233,751 | +8.6% |
| Amounts payable within one year | 42/48 | €1,650,405 | €1,469,638 | -€180,767 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €91,622 | €220,987 | +€129,365 | +141.2% |
| Financial debts | 43 | €142,168 | €138,865 | -€3,303 | -2.3% |
| Credit institutions | 430/8 | €142,168 | €138,865 | -€3,303 | -2.3% |
| Trade debts | 44 | €190,620 | €104,497 | -€86,122 | -45.2% |
| Suppliers | 440/4 | €190,620 | €104,497 | -€86,122 | -45.2% |
| Advances received on contracts in progress | 46 | - | €340,708 | +€340,708 | |
| Taxes, remuneration and social security | 45 | €161,709 | €31,559 | -€130,149 | -80.5% |
| Taxes | 450/3 | €161,709 | €31,559 | -€130,149 | -80.5% |
| Other amounts payable | 47/48 | €1,064,287 | €633,022 | -€431,264 | -40.5% |
| Accrued charges and deferred income | 492/3 | €1,020 | €6,655 | +€5,635 | +552.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,787 | €240,466 | +€87,679 | +57.4% |
| Other operating charges | 640/8 | €21,996 | €29,665 | +€7,669 | +34.9% |
| Gross operating margin | 9900 | €333,496 | €431,762 | +€98,266 | +29.5% |
| Operating profit (loss) | 9901 | €158,714 | €161,631 | +€2,918 | +1.8% |
| Financial income | 75/76B | €2,797 | €5,191 | +€2,395 | +85.6% |
| Recurring financial income | 75 | €2,797 | €5,191 | +€2,395 | +85.6% |
| Financial charges | 65/66B | €145,318 | €133,562 | -€11,756 | -8.1% |
| Recurring financial charges | 65 | €145,318 | €133,562 | -€11,756 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €16,193 | €33,261 | +€17,068 | +105.4% |
| Income taxes | 67/77 | €6,491 | €12,123 | +€5,632 | +86.8% |
| Profit (loss) for the period | 9904 | €9,702 | €21,138 | +€11,437 | +117.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,702 | €21,138 | +€11,437 | +117.9% |
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 12 October 2026 via checked.be.