CMH CONSTRUCT STEEL: 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.
CMH CONSTRUCT STEEL
Largest movements
- Receivables within one year -€48,573
down €48,573 (-83.4%), from €58,235 to €9,662
of which Other amounts receivable: -€44,136
- Stocks and contracts -€40,239
no longer reported in 2025 (was €40,239)
- Cash +€28,979
up €28,979 (+149%), from €19,452 to €48,431
mainly Receivables within one year (+€48,573) and Stocks and contracts (+€40,239)
- Trade debts -€33,826
down €33,826 (-70.3%), from €48,098 to €14,271
- Other debts -€30,000
down €30,000 (-71.0%), from €42,256 to €12,256
- Profit (loss) carried forward +€20,084
up €20,084 (+194%), from €10,368 to €30,451
- Tax, wage and social debts -€16,091
down €16,091 (-96.3%), from €16,705 to €615
of which Remuneration and social security: -€16,226
- Gross operating margin -€16,539
down €16,539 (-31.3%), from €52,823 to €36,284
- Other operating charges +€8,969
up €8,969 (+124%), from €7,231 to €16,200
- Staff costs -€7,707
no longer reported in 2025 (was €7,707)
- Depreciation -€6,000
no longer reported in 2025 (was €6,000)
- Taxes -€1,873
no longer reported in 2025 (was €1,873)
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.
Derived cash bridge
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 | €117,927 | €58,093 | -€59,833 | -50.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €117,927 | €58,093 | -€59,833 | -50.7% |
| Stocks and contracts in progress | 3 | €40,239 | - | -€40,239 | |
| Stocks | 30/36 | €40,239 | - | -€40,239 | |
| Amounts receivable within one year | 40/41 | €58,235 | €9,662 | -€48,573 | -83.4% |
| Trade receivables | 40 | €14,099 | €9,662 | -€4,437 | -31.5% |
| Other amounts receivable | 41 | €44,136 | - | -€44,136 | |
| Cash at bank and in hand | 54/58 | €19,452 | €48,431 | +€28,979 | +149% |
| Total equity and liabilities | 10/49 | €117,927 | €58,093 | -€59,833 | -50.7% |
| Equity | 10/15 | €10,868 | €30,951 | +€20,084 | +185% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | €500 | = | 0.0% |
| Issued capital | 100 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,368 | €30,451 | +€20,084 | +194% |
| Amounts payable | 17/49 | €107,059 | €27,142 | -€79,917 | -74.6% |
| Amounts payable within one year | 42/48 | €107,059 | €27,142 | -€79,917 | -74.6% |
| Trade debts | 44 | €48,098 | €14,271 | -€33,826 | -70.3% |
| Suppliers | 440/4 | €48,098 | €14,271 | -€33,826 | -70.3% |
| Taxes, remuneration and social security | 45 | €16,705 | €615 | -€16,091 | -96.3% |
| Taxes | 450/3 | €479 | €615 | +€136 | +28.4% |
| Remuneration and social security | 454/9 | €16,226 | - | -€16,226 | |
| Other amounts payable | 47/48 | €42,256 | €12,256 | -€30,000 | -71.0% |
| Remuneration, social security and pensions | 62 | €7,707 | - | -€7,707 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | - | -€6,000 | |
| Other operating charges | 640/8 | €7,231 | €16,200 | +€8,969 | +124% |
| Gross operating margin | 9900 | €52,823 | €36,284 | -€16,539 | -31.3% |
| Operating profit (loss) | 9901 | €31,886 | €20,084 | -€11,802 | -37.0% |
| Financial charges | 65/66B | €93 | - | -€93 | |
| Recurring financial charges | 65 | €93 | - | -€93 | |
| Profit (loss) for the period before taxes | 9903 | €31,793 | €20,084 | -€11,709 | -36.8% |
| Income taxes | 67/77 | €1,873 | - | -€1,873 | |
| Profit (loss) for the period | 9904 | €29,920 | €20,084 | -€9,836 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,920 | €20,084 | -€9,836 | -32.9% |
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 29 October 2026 via checked.be.