CMKA: 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.
CMKA
Largest movements
- Receivables within one year -€29,524
down €29,524 (-67.6%), from €43,643 to €14,119
of which Trade receivables: -€29,936
- Stocks and contracts +€3,400
up €3,400 (+4.1%), from €82,366 to €85,766
- Tangible fixed assets -€2,753
down €2,753 (-36.5%), from €7,537 to €4,784
of which Furniture and vehicles: -€1,578
- Tax, wage and social debts -€30,804
down €30,804 (-62.1%), from €49,606 to €18,802
of which Taxes: -€33,945
- Trade debts -€27,284
down €27,284 (-55.7%), from €49,000 to €21,716
- Other debts +€23,017
up €23,017 (+70.8%), from €32,496 to €55,513
- Profit (loss) carried forward +€7,276
up €7,276 (+2121.3%), from €343 to €7,619
- Gross operating margin -€11,998
down €11,998 (-20.0%), from €59,864 to €47,866
- Staff costs -€6,383
down €6,383 (-15.7%), from €40,541 to €34,158
- Taxes +€2,334
up €2,334 (+1406.0%), from €166 to €2,500
- Financial income -€775
down €775 (-89.8%), from €863 to €88
of which Financial income: -€775
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 | €139,505 | €111,710 | -€27,795 | -19.9% |
| Fixed assets | 21/28 | €7,537 | €4,784 | -€2,753 | -36.5% |
| Tangible fixed assets | 22/27 | €7,537 | €4,784 | -€2,753 | -36.5% |
| Furniture and vehicles | 24 | €2,578 | €1,000 | -€1,578 | -61.2% |
| Other tangible fixed assets | 26 | €4,959 | €3,784 | -€1,175 | -23.7% |
| Current assets | 29/58 | €131,968 | €106,926 | -€25,042 | -19.0% |
| Stocks and contracts in progress | 3 | €82,366 | €85,766 | +€3,400 | +4.1% |
| Stocks | 30/36 | €82,366 | €85,766 | +€3,400 | +4.1% |
| Amounts receivable within one year | 40/41 | €43,643 | €14,119 | -€29,524 | -67.6% |
| Trade receivables | 40 | €43,643 | €13,707 | -€29,936 | -68.6% |
| Other amounts receivable | 41 | - | €412 | +€412 | |
| Cash at bank and in hand | 54/58 | €5,959 | €7,041 | +€1,082 | +18.2% |
| Total equity and liabilities | 10/49 | €139,505 | €111,710 | -€27,795 | -19.9% |
| Equity | 10/15 | €8,403 | €15,679 | +€7,276 | +86.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €343 | €7,619 | +€7,276 | +2121.3% |
| Amounts payable | 17/49 | €131,102 | €96,031 | -€35,071 | -26.8% |
| Amounts payable within one year | 42/48 | €131,102 | €96,031 | -€35,071 | -26.8% |
| Trade debts | 44 | €49,000 | €21,716 | -€27,284 | -55.7% |
| Suppliers | 440/4 | €49,000 | €21,716 | -€27,284 | -55.7% |
| Taxes, remuneration and social security | 45 | €49,606 | €18,802 | -€30,804 | -62.1% |
| Taxes | 450/3 | €37,567 | €3,622 | -€33,945 | -90.4% |
| Remuneration and social security | 454/9 | €12,039 | €15,180 | +€3,141 | +26.1% |
| Other amounts payable | 47/48 | €32,496 | €55,513 | +€23,017 | +70.8% |
| Remuneration, social security and pensions | 62 | €40,541 | €34,158 | -€6,383 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,753 | €2,753 | = | 0.0% |
| Other operating charges | 640/8 | €980 | €1,222 | +€242 | +24.7% |
| Gross operating margin | 9900 | €59,864 | €47,866 | -€11,998 | -20.0% |
| Operating profit (loss) | 9901 | €15,590 | €9,733 | -€5,857 | -37.6% |
| Financial income | 75/76B | €863 | €88 | -€775 | -89.8% |
| Recurring financial income | 75 | €863 | €88 | -€775 | -89.8% |
| Non-recurring financial income | 76B | €863 | €88 | -€775 | -89.8% |
| Financial charges | 65/66B | €36 | €45 | +€9 | +25.0% |
| Recurring financial charges | 65 | €36 | €45 | +€9 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €16,417 | €9,776 | -€6,641 | -40.5% |
| Income taxes | 67/77 | €166 | €2,500 | +€2,334 | +1406.0% |
| Profit (loss) for the period | 9904 | €16,251 | €7,276 | -€8,975 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,251 | €7,276 | -€8,975 | -55.2% |
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 9 October 2026 via checked.be.