CMK GROUP: 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.
CMK GROUP
Largest movements
- Tangible fixed assets +€308,768
new in 2025: €308,768
of which Land and buildings: +€295,134
- Receivables within one year +€11,849
new in 2025: €11,849
of which Trade receivables: +€11,050
- Cash -€9,328
down €9,328 (-59.0%), from €15,812 to €6,484
mainly Investment in fixed assets (net) (-€313,995) and Receivables within one year (-€11,849)
- Debts after one year +€233,628
new in 2025: €233,628
- Profit (loss) carried forward +€48,045
up €48,045, from -€4,228 to €43,817
- Current portion of long-term debt +€17,748
new in 2025: €17,748
- Tax, wage and social debts +€13,207
new in 2025: €13,207
of which Taxes: +€11,507
- Gross operating margin +€73,764
up €73,764, from -€1,165 to €72,599
- Taxes +€10,757
new in 2025: €10,757
- Financial charges +€5,308
up €5,308 (+7,078%), from €75 to €5,383
- Depreciation +€5,226
new in 2025: €5,226
- Other operating charges +€3,188
new in 2025: €3,188
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 | €215,147 | €526,436 | +€311,289 | +145% |
| Fixed assets | 21/28 | €199,335 | €508,103 | +€308,768 | +155% |
| Tangible fixed assets | 22/27 | - | €308,768 | +€308,768 | |
| Land and buildings | 22 | - | €295,134 | +€295,134 | |
| Plant, machinery and equipment | 23 | - | €13,634 | +€13,634 | |
| Financial fixed assets | 28 | €199,335 | €199,335 | = | 0.0% |
| Current assets | 29/58 | €15,812 | €18,333 | +€2,520 | +15.9% |
| Amounts receivable within one year | 40/41 | - | €11,849 | +€11,849 | |
| Trade receivables | 40 | - | €11,050 | +€11,050 | |
| Other amounts receivable | 41 | - | €799 | +€799 | |
| Cash at bank and in hand | 54/58 | €15,812 | €6,484 | -€9,328 | -59.0% |
| Total equity and liabilities | 10/49 | €215,147 | €526,436 | +€311,289 | +145% |
| Equity | 10/15 | €15,772 | €63,817 | +€48,045 | +305% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,228 | €43,817 | +€48,045 | |
| Amounts payable | 17/49 | €199,375 | €462,619 | +€263,244 | +132% |
| Amounts payable after more than one year | 17 | - | €233,628 | +€233,628 | |
| Financial debts | 170/4 | - | €233,628 | +€233,628 | |
| Amounts payable within one year | 42/48 | €199,375 | €227,491 | +€28,116 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | - | €17,748 | +€17,748 | |
| Trade debts | 44 | €40 | €1,595 | +€1,555 | +3,872% |
| Suppliers | 440/4 | €40 | €1,595 | +€1,555 | +3,872% |
| Taxes, remuneration and social security | 45 | - | €13,207 | +€13,207 | |
| Taxes | 450/3 | - | €11,507 | +€11,507 | |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €199,335 | €194,940 | -€4,395 | -2.2% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,226 | +€5,226 | |
| Other operating charges | 640/8 | - | €3,188 | +€3,188 | |
| Gross operating margin | 9900 | -€1,165 | €72,599 | +€73,764 | |
| Operating profit (loss) | 9901 | -€1,165 | €64,185 | +€65,351 | |
| Financial charges | 65/66B | €75 | €5,383 | +€5,308 | +7,078% |
| Recurring financial charges | 65 | €75 | €5,383 | +€5,308 | +7,078% |
| Profit (loss) for the period before taxes | 9903 | -€1,240 | €58,802 | +€60,042 | |
| Income taxes | 67/77 | - | €10,757 | +€10,757 | |
| Profit (loss) for the period | 9904 | -€1,240 | €48,045 | +€49,285 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,240 | €48,045 | +€49,285 |
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 22 October 2026 via checked.be.