Cmiel: 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.
Cmiel
Largest movements
- Receivables within one year +€6,380
up €6,380 (+6.9%), from €92,340 to €98,720
of which Trade receivables: +€6,200
- Tangible fixed assets +€5,323
up €5,323 (+294%), from €1,812 to €7,134
of which Plant, machinery and equipment: +€6,054
- Cash +€4,991
up €4,991 (+34.4%), from €14,489 to €19,480
mainly Net result for the year (+€33,001) and Depreciation (+€1,611)
- Reserves +€28,001
up €28,001 (+90.0%), from €31,109 to €59,110
- Other debts -€8,674
down €8,674 (-18.6%), from €46,721 to €38,047
- Trade debts -€3,086
down €3,086 (-67.1%), from €4,597 to €1,511
- Gross operating margin +€11,048
up €11,048 (+29.8%), from €37,090 to €48,138
- Taxes +€4,849
up €4,849 (+79.2%), from €6,123 to €10,971
- Depreciation -€2,378
down €2,378 (-59.6%), from €3,989 to €1,611
- Financial charges -€823
down €823 (-28.9%), from €2,850 to €2,027
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 | €109,224 | €125,750 | +€16,527 | +15.1% |
| Fixed assets | 21/28 | €2,395 | €7,134 | +€4,739 | +198% |
| Intangible fixed assets | 21 | €583 | €0 | -€583 | -100% |
| Tangible fixed assets | 22/27 | €1,812 | €7,134 | +€5,323 | +294% |
| Plant, machinery and equipment | 23 | - | €6,054 | +€6,054 | |
| Furniture and vehicles | 24 | €1,812 | €1,080 | -€732 | -40.4% |
| Current assets | 29/58 | €106,829 | €118,616 | +€11,787 | +11.0% |
| Amounts receivable within one year | 40/41 | €92,340 | €98,720 | +€6,380 | +6.9% |
| Trade receivables | 40 | €92,340 | €98,540 | +€6,200 | +6.7% |
| Other amounts receivable | 41 | - | €180 | +€180 | |
| Cash at bank and in hand | 54/58 | €14,489 | €19,480 | +€4,991 | +34.4% |
| Deferred charges and accrued income | 490/1 | - | €416 | +€416 | |
| Total equity and liabilities | 10/49 | €109,224 | €125,750 | +€16,527 | +15.1% |
| Equity | 10/15 | €43,609 | €71,610 | +€28,001 | +64.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €31,109 | €59,110 | +€28,001 | +90.0% |
| Distributable reserves | 133 | €31,109 | €59,110 | +€28,001 | +90.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €65,615 | €54,141 | -€11,474 | -17.5% |
| Amounts payable within one year | 42/48 | €62,882 | €52,354 | -€10,528 | -16.7% |
| Financial debts | 43 | €2,942 | €3,363 | +€422 | +14.3% |
| Credit institutions | 430/8 | €2,942 | €3,363 | +€422 | +14.3% |
| Trade debts | 44 | €4,597 | €1,511 | -€3,086 | -67.1% |
| Suppliers | 440/4 | €4,597 | €1,511 | -€3,086 | -67.1% |
| Taxes, remuneration and social security | 45 | €8,623 | €9,433 | +€810 | +9.4% |
| Taxes | 450/3 | €6,249 | €7,016 | +€767 | +12.3% |
| Remuneration and social security | 454/9 | €2,374 | €2,417 | +€43 | +1.8% |
| Other amounts payable | 47/48 | €46,721 | €38,047 | -€8,674 | -18.6% |
| Accrued charges and deferred income | 492/3 | €2,733 | €1,787 | -€946 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,989 | €1,611 | -€2,378 | -59.6% |
| Other operating charges | 640/8 | €952 | €528 | -€424 | -44.5% |
| Non-recurring operating charges | 66A | €942 | €0 | -€942 | -100% |
| Gross operating margin | 9900 | €37,090 | €48,138 | +€11,048 | +29.8% |
| Operating profit (loss) | 9901 | €31,207 | €45,999 | +€14,792 | +47.4% |
| Financial charges | 65/66B | €2,850 | €2,027 | -€823 | -28.9% |
| Recurring financial charges | 65 | €2,850 | €2,027 | -€823 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €28,357 | €43,972 | +€15,615 | +55.1% |
| Income taxes | 67/77 | €6,123 | €10,971 | +€4,849 | +79.2% |
| Profit (loss) for the period | 9904 | €22,234 | €33,001 | +€10,766 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,234 | €33,001 | +€10,766 | +48.4% |
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 13 October 2026 via checked.be.