CMO CONSULTING: 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.
CMO CONSULTING
Largest movements
- Cash +€135,311
up €135,311 (+59.7%), from €226,508 to €361,819
mainly Other debts (+€248,251) and Net result for the year (+€205,625)
- Receivables within one year +€10,692
up €10,692 (+65.1%), from €16,419 to €27,111
of which Trade receivables: +€10,800
- Deferred charges and accrued income +€5,700
new in 2025: €5,700
- Other debts +€248,251
up €248,251 (+384%), from €64,624 to €312,874
- Reserves -€122,148
down €122,148 (-95.6%), from €127,773 to €5,625
- Tax, wage and social debts +€39,157
up €39,157 (+197%), from €19,909 to €59,066
- Trade debts -€14,023
down €14,023 (-82.3%), from €17,048 to €3,025
- Gross operating margin +€63,915
up €63,915 (+42.8%), from €149,395 to €213,311
- Taxes +€18,018
up €18,018 (+45.6%), from €39,514 to €57,532
- Financial charges -€4,007
down €4,007 (-56.6%), from €7,073 to €3,067
- Financial income +€3,272
up €3,272 (+6.5%), from €50,634 to €53,907
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 | €247,953 | €399,190 | +€151,237 | +61.0% |
| Fixed assets | 21/28 | €4,186 | €3,720 | -€466 | -11.1% |
| Tangible fixed assets | 22/27 | €466 | - | -€466 | |
| Plant, machinery and equipment | 23 | €466 | - | -€466 | |
| Financial fixed assets | 28 | €3,720 | €3,720 | = | 0.0% |
| Current assets | 29/58 | €243,768 | €395,470 | +€151,703 | +62.2% |
| Stocks and contracts in progress | 3 | €840 | €840 | = | 0.0% |
| Stocks | 30/36 | €840 | €840 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,419 | €27,111 | +€10,692 | +65.1% |
| Trade receivables | 40 | €16,311 | €27,111 | +€10,800 | +66.2% |
| Other amounts receivable | 41 | €109 | - | -€109 | |
| Cash at bank and in hand | 54/58 | €226,508 | €361,819 | +€135,311 | +59.7% |
| Deferred charges and accrued income | 490/1 | - | €5,700 | +€5,700 | |
| Total equity and liabilities | 10/49 | €247,953 | €399,190 | +€151,237 | +61.0% |
| Equity | 10/15 | €146,373 | €24,225 | -€122,148 | -83.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,773 | €5,625 | -€122,148 | -95.6% |
| Distributable reserves | 133 | €127,773 | €5,625 | -€122,148 | -95.6% |
| Amounts payable | 17/49 | €101,581 | €374,965 | +€273,385 | +269% |
| Amounts payable within one year | 42/48 | €101,581 | €374,965 | +€273,385 | +269% |
| Trade debts | 44 | €17,048 | €3,025 | -€14,023 | -82.3% |
| Suppliers | 440/4 | €17,048 | €3,025 | -€14,023 | -82.3% |
| Taxes, remuneration and social security | 45 | €19,909 | €59,066 | +€39,157 | +197% |
| Taxes | 450/3 | €19,909 | €59,066 | +€39,157 | +197% |
| Other amounts payable | 47/48 | €64,624 | €312,874 | +€248,251 | +384% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,154 | €466 | -€689 | -59.7% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €149,395 | €213,311 | +€63,915 | +42.8% |
| Operating profit (loss) | 9901 | €147,728 | €212,317 | +€64,589 | +43.7% |
| Financial income | 75/76B | €50,634 | €53,907 | +€3,272 | +6.5% |
| Recurring financial income | 75 | €50,634 | €53,907 | +€3,272 | +6.5% |
| Financial charges | 65/66B | €7,073 | €3,067 | -€4,007 | -56.6% |
| Recurring financial charges | 65 | €7,073 | €3,067 | -€4,007 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €191,289 | €263,157 | +€71,868 | +37.6% |
| Income taxes | 67/77 | €39,514 | €57,532 | +€18,018 | +45.6% |
| Profit (loss) for the period | 9904 | €151,775 | €205,625 | +€53,850 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €151,775 | €205,625 | +€53,850 | +35.5% |
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 30 October 2026 via checked.be.