CMG & CO: 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.
CMG & CO
Largest movements
- Cash +€1.2m
up €1.2m (+743.2%), from €166,904 to €1.4m
mainly Investment in fixed assets (net) (+€1.0m) and Net result for the year (+€712,944)
- Financial fixed assets -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Tangible fixed assets -€60,644
down €60,644 (-5.1%), from €1.2m to €1.1m
of which Other tangible fixed assets: -€46,383
- Receivables within one year +€27,673
up €27,673 (+137.6%), from €20,106 to €47,779
of which Trade receivables: +€17,448
- Reserves +€682,000
up €682,000 (+74.3%), from €917,821 to €1.6m
of which Distributable reserves: +€714,368
- Debts after one year -€426,499
down €426,499 (-36.1%), from €1.2m to €755,115
of which Other amounts payable: -€352,810
- Other debts -€121,374
down €121,374 (-100.0%), from €121,374 to €0
- Tax, wage and social debts +€31,212
up €31,212 (+62.0%), from €50,314 to €81,526
of which Taxes: +€30,747
- Financial income +€765,850
up €765,850 (+57975.0%), from €1,321 to €767,171
of which Non-recurring financial income: +€694,666
- Gross operating margin -€69,456
down €69,456 (-33.7%), from €205,859 to €136,403
- Taxes +€54,470
up €54,470 (+263.3%), from €20,684 to €75,154
- Financial charges -€29,617
down €29,617 (-74.9%), from €39,547 to €9,930
- Staff costs +€9,371
new in 2024: €9,371
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,446,664 | €2,619,439 | +€172,775 | +7.1% |
| Fixed assets | 21/28 | €2,238,200 | €1,135,120 | -€1.1m | -49.3% |
| Intangible fixed assets | 21 | - | €6,471 | +€6,471 | |
| Tangible fixed assets | 22/27 | €1,189,293 | €1,128,649 | -€60,644 | -5.1% |
| Land and buildings | 22 | €227,447 | €210,776 | -€16,671 | -7.3% |
| Plant, machinery and equipment | 23 | €980 | €522 | -€458 | -46.7% |
| Furniture and vehicles | 24 | €25,905 | €28,773 | +€2,868 | +11.1% |
| Other tangible fixed assets | 26 | €934,961 | €888,578 | -€46,383 | -5.0% |
| Financial fixed assets | 28 | €1,048,907 | €0 | -€1.0m | -100.0% |
| Current assets | 29/58 | €208,464 | €1,484,319 | +€1.3m | +612.0% |
| Amounts receivable within one year | 40/41 | €20,106 | €47,779 | +€27,673 | +137.6% |
| Trade receivables | 40 | €13,748 | €31,196 | +€17,448 | +126.9% |
| Other amounts receivable | 41 | €6,358 | €16,583 | +€10,225 | +160.8% |
| Current investments | 50/53 | €16,474 | €25,039 | +€8,565 | +52.0% |
| Cash at bank and in hand | 54/58 | €166,904 | €1,407,342 | +€1.2m | +743.2% |
| Deferred charges and accrued income | 490/1 | €4,980 | €4,159 | -€821 | -16.5% |
| Total equity and liabilities | 10/49 | €2,446,664 | €2,619,439 | +€172,775 | +7.1% |
| Equity | 10/15 | €941,557 | €1,624,501 | +€682,944 | +72.5% |
| Contributions | 10/11 | €23,682 | €23,682 | = | 0.0% |
| Reserves | 13 | €917,821 | €1,599,821 | +€682,000 | +74.3% |
| Non-distributable reserves | 130/1 | €32,368 | €0 | -€32,368 | -100.0% |
| Reserves not available under the articles | 1311 | €32,368 | €0 | -€32,368 | -100.0% |
| Tax-exempt reserves | 132 | €1,453 | €1,453 | = | 0.0% |
| Distributable reserves | 133 | €884,000 | €1,598,368 | +€714,368 | +80.8% |
| Profit (loss) carried forward | 14 | €54 | €998 | +€944 | +1748.1% |
| Amounts payable | 17/49 | €1,505,107 | €994,938 | -€510,169 | -33.9% |
| Amounts payable after more than one year | 17 | €1,181,614 | €755,115 | -€426,499 | -36.1% |
| Financial debts | 170/4 | €687,191 | €613,502 | -€73,689 | -10.7% |
| Other amounts payable | 178/9 | €494,423 | €141,613 | -€352,810 | -71.4% |
| Amounts payable within one year | 42/48 | €304,016 | €239,603 | -€64,413 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €71,198 | €77,656 | +€6,458 | +9.1% |
| Trade debts | 44 | €13,505 | €33,741 | +€20,236 | +149.8% |
| Suppliers | 440/4 | €13,505 | €33,741 | +€20,236 | +149.8% |
| Advances received on contracts in progress | 46 | €47,625 | €46,680 | -€945 | -2.0% |
| Taxes, remuneration and social security | 45 | €50,314 | €81,526 | +€31,212 | +62.0% |
| Taxes | 450/3 | €50,314 | €81,061 | +€30,747 | +61.1% |
| Remuneration and social security | 454/9 | - | €465 | +€465 | |
| Other amounts payable | 47/48 | €121,374 | €0 | -€121,374 | -100.0% |
| Accrued charges and deferred income | 492/3 | €19,477 | €220 | -€19,257 | -98.9% |
| Non-recurring operating income | 76A | €12,785 | €0 | -€12,785 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €9,371 | +€9,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,176 | €80,557 | +€4,381 | +5.8% |
| Other operating charges | 640/8 | €14,698 | €15,618 | +€920 | +6.3% |
| Gross operating margin | 9900 | €205,859 | €136,403 | -€69,456 | -33.7% |
| Operating profit (loss) | 9901 | €114,985 | €30,857 | -€84,128 | -73.2% |
| Financial income | 75/76B | €1,321 | €767,171 | +€765,850 | +57975.0% |
| Recurring financial income | 75 | €1,321 | €72,505 | +€71,184 | +5388.6% |
| Non-recurring financial income | 76B | - | €694,666 | +€694,666 | |
| Financial charges | 65/66B | €39,547 | €9,930 | -€29,617 | -74.9% |
| Recurring financial charges | 65 | €39,547 | €9,930 | -€29,617 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €76,759 | €788,098 | +€711,339 | +926.7% |
| Income taxes | 67/77 | €20,684 | €75,154 | +€54,470 | +263.3% |
| Profit (loss) for the period | 9904 | €56,075 | €712,944 | +€656,869 | +1171.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,075 | €712,944 | +€656,869 | +1171.4% |
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 4 October 2026 via checked.be.