CMS Holding: 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.
CMS Holding
Largest movements
- Receivables within one year +€13,266
up €13,266 (+3.7%), from €355,305 to €368,571
of which Trade receivables: +€12,864
- Debts after one year -€61,832
down €61,832 (-17.9%), from €346,064 to €284,231
- Profit (loss) carried forward +€55,266
up €55,266 (+112%), from €49,153 to €104,419
- Tax, wage and social debts +€16,093
up €16,093 (+91.5%), from €17,595 to €33,688
- Gross operating margin +€7,790
up €7,790 (+9.1%), from €85,349 to €93,139
- Taxes +€6,901
up €6,901 (+59.9%), from €11,521 to €18,422
- Financial charges -€4,355
down €4,355 (-17.2%), from €25,258 to €20,903
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 | €866,363 | €884,569 | +€18,206 | +2.1% |
| Fixed assets | 21/28 | €503,000 | €503,000 | = | 0.0% |
| Financial fixed assets | 28 | €503,000 | €503,000 | = | 0.0% |
| Current assets | 29/58 | €363,363 | €381,569 | +€18,206 | +5.0% |
| Amounts receivable within one year | 40/41 | €355,305 | €368,571 | +€13,266 | +3.7% |
| Trade receivables | 40 | €168,636 | €181,500 | +€12,864 | +7.6% |
| Other amounts receivable | 41 | €186,670 | €187,071 | +€402 | +0.2% |
| Cash at bank and in hand | 54/58 | €8,058 | €12,998 | +€4,940 | +61.3% |
| Total equity and liabilities | 10/49 | €866,363 | €884,569 | +€18,206 | +2.1% |
| Equity | 10/15 | €55,153 | €110,419 | +€55,266 | +100% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,153 | €104,419 | +€55,266 | +112% |
| Amounts payable | 17/49 | €811,211 | €774,150 | -€37,061 | -4.6% |
| Amounts payable after more than one year | 17 | €346,064 | €284,231 | -€61,832 | -17.9% |
| Financial debts | 170/4 | €346,064 | €284,231 | -€61,832 | -17.9% |
| Amounts payable within one year | 42/48 | €463,271 | €488,310 | +€25,039 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €63,265 | €66,834 | +€3,569 | +5.6% |
| Trade debts | 44 | €122,883 | €128,260 | +€5,377 | +4.4% |
| Suppliers | 440/4 | €122,883 | €128,260 | +€5,377 | +4.4% |
| Taxes, remuneration and social security | 45 | €17,595 | €33,688 | +€16,093 | +91.5% |
| Taxes | 450/3 | €17,595 | €33,688 | +€16,093 | +91.5% |
| Other amounts payable | 47/48 | €259,528 | €259,528 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,876 | €1,609 | -€267 | -14.2% |
| Other operating charges | 640/8 | €1,251 | €400 | -€851 | -68.1% |
| Gross operating margin | 9900 | €85,349 | €93,139 | +€7,790 | +9.1% |
| Operating profit (loss) | 9901 | €84,098 | €92,740 | +€8,642 | +10.3% |
| Financial income | 75/76B | €1,834 | €1,852 | +€18 | +1.0% |
| Recurring financial income | 75 | €1,834 | €1,852 | +€18 | +1.0% |
| Financial charges | 65/66B | €25,258 | €20,903 | -€4,355 | -17.2% |
| Recurring financial charges | 65 | €25,258 | €20,903 | -€4,355 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €60,674 | €73,689 | +€13,015 | +21.5% |
| Income taxes | 67/77 | €11,521 | €18,422 | +€6,901 | +59.9% |
| Profit (loss) for the period | 9904 | €49,153 | €55,266 | +€6,114 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,153 | €55,266 | +€6,114 | +12.4% |
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 17 October 2026 via checked.be.