CMCK: 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.
CMCK
Largest movements
- Cash +€8,093
up €8,093 (+75.7%), from €10,695 to €18,789
mainly Depreciation (+€7,080) and Tax, wage and social debts (+€2,626)
- Tangible fixed assets -€7,080
down €7,080 (-32.4%), from €21,838 to €14,757
of which Leasing and similar rights: -€6,454
- Debts after one year -€4,867
down €4,867 (-29.4%), from €16,553 to €11,686
- Tax, wage and social debts +€2,626
up €2,626 (+89.0%), from €2,949 to €5,576
- Reserves +€2,228
up €2,228 (+21.4%), from €10,392 to €12,620
- Trade debts +€653
up €653 (+30.3%), from €2,152 to €2,805
- Taxes -€323
down €323 (-11.0%), from €2,949 to €2,626
- Gross operating margin -€291
down €291 (-2.1%), from €13,899 to €13,608
- Financial charges -€244
down €244 (-17.4%), from €1,402 to €1,157
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 | €41,817 | €42,610 | +€793 | +1.9% |
| Fixed assets | 21/28 | €21,838 | €14,757 | -€7,080 | -32.4% |
| Tangible fixed assets | 22/27 | €21,838 | €14,757 | -€7,080 | -32.4% |
| Furniture and vehicles | 24 | €861 | €235 | -€626 | -72.7% |
| Leasing and similar rights | 25 | €20,976 | €14,522 | -€6,454 | -30.8% |
| Current assets | 29/58 | €19,980 | €27,853 | +€7,873 | +39.4% |
| Amounts receivable within one year | 40/41 | €8,757 | €8,523 | -€234 | -2.7% |
| Trade receivables | 40 | €8,757 | €8,523 | -€234 | -2.7% |
| Cash at bank and in hand | 54/58 | €10,695 | €18,789 | +€8,093 | +75.7% |
| Deferred charges and accrued income | 490/1 | €528 | €541 | +€13 | +2.5% |
| Total equity and liabilities | 10/49 | €41,817 | €42,610 | +€793 | +1.9% |
| Equity | 10/15 | €12,892 | €15,120 | +€2,228 | +17.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €10,392 | €12,620 | +€2,228 | +21.4% |
| Distributable reserves | 133 | €10,392 | €12,620 | +€2,228 | +21.4% |
| Amounts payable | 17/49 | €28,926 | €27,490 | -€1,436 | -5.0% |
| Amounts payable after more than one year | 17 | €16,553 | €11,686 | -€4,867 | -29.4% |
| Financial debts | 170/4 | €16,553 | €11,686 | -€4,867 | -29.4% |
| Amounts payable within one year | 42/48 | €12,373 | €15,803 | +€3,431 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €4,648 | €4,867 | +€218 | +4.7% |
| Trade debts | 44 | €2,152 | €2,805 | +€653 | +30.3% |
| Suppliers | 440/4 | €2,152 | €2,805 | +€653 | +30.3% |
| Taxes, remuneration and social security | 45 | €2,949 | €5,576 | +€2,626 | +89.0% |
| Taxes | 450/3 | €2,949 | €5,576 | +€2,626 | +89.0% |
| Other amounts payable | 47/48 | €2,623 | €2,557 | -€66 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,080 | €7,080 | = | 0.0% |
| Other operating charges | 640/8 | €448 | €515 | +€67 | +15.1% |
| Gross operating margin | 9900 | €13,899 | €13,608 | -€291 | -2.1% |
| Operating profit (loss) | 9901 | €6,371 | €6,012 | -€359 | -5.6% |
| Financial charges | 65/66B | €1,402 | €1,157 | -€244 | -17.4% |
| Recurring financial charges | 65 | €1,402 | €1,157 | -€244 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €4,969 | €4,855 | -€114 | -2.3% |
| Income taxes | 67/77 | €2,949 | €2,626 | -€323 | -11.0% |
| Profit (loss) for the period | 9904 | €2,020 | €2,228 | +€209 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,020 | €2,228 | +€209 | +10.3% |
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 2 October 2026 via checked.be.