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CMF 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.

What changed

CMF CONSTRUCT

BE 0791.874.049
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€56,358
2023 · €98,252-€41,894
Equity
€154,609
2023 · €98,252+€56,358
Cash
€129
2023 · €9+€121
Balance sheet total
€196,418
2023 · €126,573+€69,845

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€69,538

    up €69,538 (+54.9%), from €126,565 to €196,103

    of which Other amounts receivable: +€43,088

Equity and liabilities
  • Profit (loss) carried forward +€56,358

    up €56,358 (+57.4%), from €98,252 to €154,609

  • Tax, wage and social debts +€14,095

    up €14,095 (+53.6%), from €26,316 to €40,411

Income statement
  • Gross operating margin -€53,226

    down €53,226 (-46.1%), from €115,388 to €62,162

  • Taxes -€12,221

    down €12,221 (-46.4%), from €26,316 to €14,095

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €98,252
Gross operating margin -€53,226
Other operating charges -€387
Financial income -€577
Financial charges +€75
Taxes +€12,221
Result 2024 €56,358

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€125
Investment €0
Financing -€5
Cash 2023 €9
Net result for the year +€56,358
Receivables within one year -€69,538
Deferred charges and accrued income -€186
Trade debts -€603
Tax, wage and social debts +€14,095
Short-term financial debts -€5
Cash 2024 €129
Every line side by side 29 lines
Line Code 2023 2024 Change %
Total assets 20/58 €126,573 €196,418 +€69,845 +55.2%
Current assets 29/58 €126,573 €196,418 +€69,845 +55.2%
Amounts receivable within one year 40/41 €126,565 €196,103 +€69,538 +54.9%
Trade receivables 40 €349 €26,799 +€26,450 +7576.2%
Other amounts receivable 41 €126,216 €169,304 +€43,088 +34.1%
Cash at bank and in hand 54/58 €9 €129 +€121 +1412.7%
Deferred charges and accrued income 490/1 - €186 +€186
Total equity and liabilities 10/49 €126,573 €196,418 +€69,845 +55.2%
Equity 10/15 €98,252 €154,609 +€56,358 +57.4%
Profit (loss) carried forward 14 €98,252 €154,609 +€56,358 +57.4%
Amounts payable 17/49 €28,321 €41,808 +€13,487 +47.6%
Amounts payable within one year 42/48 €28,321 €41,808 +€13,487 +47.6%
Financial debts 43 €5 - -€5
Credit institutions 430/8 €5 - -€5
Trade debts 44 €2,001 €1,397 -€603 -30.2%
Suppliers 440/4 €2,001 €1,397 -€603 -30.2%
Taxes, remuneration and social security 45 €26,316 €40,411 +€14,095 +53.6%
Taxes 450/3 €26,316 €40,411 +€14,095 +53.6%
Other operating charges 640/8 - €387 +€387
Gross operating margin 9900 €115,388 €62,162 -€53,226 -46.1%
Operating profit (loss) 9901 €115,388 €61,775 -€53,613 -46.5%
Financial income 75/76B €9,339 €8,762 -€577 -6.2%
Recurring financial income 75 €9,339 €8,762 -€577 -6.2%
Financial charges 65/66B €160 €84 -€75 -47.2%
Recurring financial charges 65 €160 €84 -€75 -47.2%
Profit (loss) for the period before taxes 9903 €124,568 €70,453 -€54,115 -43.4%
Income taxes 67/77 €26,316 €14,095 -€12,221 -46.4%
Profit (loss) for the period 9904 €98,252 €56,358 -€41,894 -42.6%
Profit (loss) for the period to be appropriated 9905 €98,252 €56,358 -€41,894 -42.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.