CMFJ: 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.
CMFJ
Largest movements
- Receivables within one year +€17,711
up €17,711 (+201.5%), from €8,791 to €26,502
of which Other amounts receivable: +€21,250
- Tangible fixed assets -€7,661
down €7,661 (-55.2%), from €13,883 to €6,222
of which Furniture and vehicles: -€6,762
- Intangible fixed assets -€4,700
down €4,700 (-11.1%), from €42,300 to €37,600
- Cash -€3,346
down €3,346 (-8.3%), from €40,553 to €37,207
mainly Receivables within one year (-€17,711) and Tax, wage and social debts (-€12,063)
- Tax, wage and social debts -€12,063
down €12,063 (-86.0%), from €14,026 to €1,963
- Profit (loss) carried forward +€9,945
up €9,945 (+22.6%), from €44,088 to €54,033
- Other debts +€4,208
up €4,208 (+8.7%), from €48,453 to €52,661
- Gross operating margin -€40,274
down €40,274 (-58.8%), from €68,441 to €28,167
- Taxes -€8,113
down €8,113 (-67.2%), from €12,076 to €3,963
- Depreciation +€1,556
up €1,556 (+14.4%), from €10,806 to €12,361
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 | €108,668 | €110,657 | +€1,990 | +1.8% |
| Fixed assets | 21/28 | €56,240 | €43,879 | -€12,361 | -22.0% |
| Intangible fixed assets | 21 | €42,300 | €37,600 | -€4,700 | -11.1% |
| Tangible fixed assets | 22/27 | €13,883 | €6,222 | -€7,661 | -55.2% |
| Furniture and vehicles | 24 | €12,984 | €6,222 | -€6,762 | -52.1% |
| Other tangible fixed assets | 26 | €900 | €0 | -€900 | -100.0% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €52,428 | €66,779 | +€14,351 | +27.4% |
| Amounts receivable within one year | 40/41 | €8,791 | €26,502 | +€17,711 | +201.5% |
| Trade receivables | 40 | €3,791 | €252 | -€3,539 | -93.3% |
| Other amounts receivable | 41 | €5,000 | €26,250 | +€21,250 | +425.0% |
| Cash at bank and in hand | 54/58 | €40,553 | €37,207 | -€3,346 | -8.3% |
| Deferred charges and accrued income | 490/1 | €3,085 | €3,070 | -€15 | -0.5% |
| Total equity and liabilities | 10/49 | €108,668 | €110,657 | +€1,990 | +1.8% |
| Equity | 10/15 | €46,088 | €56,033 | +€9,945 | +21.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,088 | €54,033 | +€9,945 | +22.6% |
| Amounts payable | 17/49 | €62,580 | €54,624 | -€7,956 | -12.7% |
| Amounts payable within one year | 42/48 | €62,580 | €54,624 | -€7,956 | -12.7% |
| Trade debts | 44 | €101 | €0 | -€101 | -100.0% |
| Suppliers | 440/4 | €101 | €0 | -€101 | -100.0% |
| Taxes, remuneration and social security | 45 | €14,026 | €1,963 | -€12,063 | -86.0% |
| Taxes | 450/3 | €14,026 | €1,963 | -€12,063 | -86.0% |
| Other amounts payable | 47/48 | €48,453 | €52,661 | +€4,208 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,806 | €12,361 | +€1,556 | +14.4% |
| Other operating charges | 640/8 | €1,317 | €899 | -€418 | -31.8% |
| Gross operating margin | 9900 | €68,441 | €28,167 | -€40,274 | -58.8% |
| Operating profit (loss) | 9901 | €56,319 | €14,908 | -€41,411 | -73.5% |
| Financial charges | 65/66B | €155 | €166 | +€12 | +7.5% |
| Recurring financial charges | 65 | €155 | €166 | +€12 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €56,164 | €14,741 | -€41,423 | -73.8% |
| Income taxes | 67/77 | €12,076 | €3,963 | -€8,113 | -67.2% |
| Profit (loss) for the period | 9904 | €44,088 | €10,778 | -€33,310 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,088 | €10,778 | -€33,310 | -75.6% |
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 8 October 2026 via checked.be.