CMM&C: 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.
CMM&C
Largest movements
- Tangible fixed assets -€35,887
down €35,887 (-23.2%), from €154,759 to €118,872
of which Furniture and vehicles: -€39,982
- Receivables within one year -€20,423
down €20,423 (-52.3%), from €39,085 to €18,662
of which Other amounts receivable: -€18,480
- Profit (loss) carried forward -€45,617
down €45,617 (-38.5%), from €118,475 to €72,858
- Debts after one year -€18,968
down €18,968 (-45.2%), from €42,010 to €23,042
- Tax, wage and social debts +€6,061
up €6,061 (+36.5%), from €16,628 to €22,690
of which Taxes: +€5,497
- Other debts +€2,966
up €2,966, from €0 to €2,966
- Gross operating margin -€122,324
down €122,324 (-59.1%), from €207,063 to €84,739
- Taxes -€31,452
down €31,452 (-85.7%), from €36,699 to €5,247
- Depreciation +€13,979
up €13,979 (+42.6%), from €32,814 to €46,793
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 | €221,862 | €166,655 | -€55,207 | -24.9% |
| Fixed assets | 21/28 | €164,804 | €128,917 | -€35,887 | -21.8% |
| Tangible fixed assets | 22/27 | €154,759 | €118,872 | -€35,887 | -23.2% |
| Plant, machinery and equipment | 23 | €3,276 | €2,914 | -€362 | -11.0% |
| Furniture and vehicles | 24 | €117,615 | €77,633 | -€39,982 | -34.0% |
| Other tangible fixed assets | 26 | €33,869 | €38,325 | +€4,456 | +13.2% |
| Financial fixed assets | 28 | €10,045 | €10,045 | = | 0.0% |
| Current assets | 29/58 | €57,058 | €37,738 | -€19,320 | -33.9% |
| Amounts receivable within one year | 40/41 | €39,085 | €18,662 | -€20,423 | -52.3% |
| Trade receivables | 40 | €18,853 | €16,909 | -€1,943 | -10.3% |
| Other amounts receivable | 41 | €20,233 | €1,753 | -€18,480 | -91.3% |
| Cash at bank and in hand | 54/58 | €16,302 | €17,346 | +€1,044 | +6.4% |
| Deferred charges and accrued income | 490/1 | €1,670 | €1,730 | +€60 | +3.6% |
| Total equity and liabilities | 10/49 | €221,862 | €166,655 | -€55,207 | -24.9% |
| Equity | 10/15 | €138,935 | €93,318 | -€45,617 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,475 | €72,858 | -€45,617 | -38.5% |
| Amounts payable | 17/49 | €82,926 | €73,337 | -€9,590 | -11.6% |
| Amounts payable after more than one year | 17 | €42,010 | €23,042 | -€18,968 | -45.2% |
| Financial debts | 170/4 | €42,010 | €23,042 | -€18,968 | -45.2% |
| Amounts payable within one year | 42/48 | €40,916 | €50,294 | +€9,378 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €18,937 | €20,514 | +€1,577 | +8.3% |
| Financial debts | 43 | €1,036 | €1,697 | +€661 | +63.8% |
| Credit institutions | 430/8 | €1,036 | €1,697 | +€661 | +63.8% |
| Trade debts | 44 | €4,315 | €2,429 | -€1,886 | -43.7% |
| Suppliers | 440/4 | €4,315 | €2,429 | -€1,886 | -43.7% |
| Taxes, remuneration and social security | 45 | €16,628 | €22,690 | +€6,061 | +36.5% |
| Taxes | 450/3 | €11,515 | €17,012 | +€5,497 | +47.7% |
| Remuneration and social security | 454/9 | €5,113 | €5,677 | +€564 | +11.0% |
| Other amounts payable | 47/48 | €0 | €2,966 | +€2,966 | |
| Remuneration, social security and pensions | 62 | €19,946 | €20,441 | +€495 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,814 | €46,793 | +€13,979 | +42.6% |
| Other operating charges | 640/8 | €805 | €1,082 | +€277 | +34.4% |
| Gross operating margin | 9900 | €207,063 | €84,739 | -€122,324 | -59.1% |
| Operating profit (loss) | 9901 | €153,498 | €16,422 | -€137,076 | -89.3% |
| Financial income | 75/76B | €1,394 | €468 | -€926 | -66.4% |
| Recurring financial income | 75 | €1,394 | €468 | -€926 | -66.4% |
| Financial charges | 65/66B | €2,552 | €2,260 | -€291 | -11.4% |
| Recurring financial charges | 65 | €2,552 | €2,260 | -€291 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €152,341 | €14,630 | -€137,711 | -90.4% |
| Income taxes | 67/77 | €36,699 | €5,247 | -€31,452 | -85.7% |
| Profit (loss) for the period | 9904 | €115,641 | €9,383 | -€106,259 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €115,641 | €9,383 | -€106,259 | -91.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.