CMTech: 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.
CMTech
Largest movements
- Receivables within one year +€7,138
up €7,138 (+393.7%), from €1,813 to €8,951
of which Trade receivables: +€8,271
- Cash +€5,167
up €5,167 (+410.3%), from €1,260 to €6,427
mainly Trade debts (+€9,674) and Depreciation (+€3,125)
- Tangible fixed assets -€3,125
down €3,125 (-38.4%), from €8,138 to €5,013
- Trade debts +€9,674
up €9,674 (+710.7%), from €1,361 to €11,036
- Profit (loss) carried forward -€3,256
down €3,256 (-41.2%), from -€7,903 to -€11,159
- Advances received +€2,500
new in 2025: €2,500
- Gross operating margin +€6,734
up €6,734, from -€6,052 to €682
- Depreciation +€1,887
up €1,887 (+152.4%), from €1,238 to €3,125
- Taxes +€141
new in 2025: €141
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 | €12,256 | €21,395 | +€9,140 | +74.6% |
| Fixed assets | 21/28 | €8,138 | €5,013 | -€3,125 | -38.4% |
| Tangible fixed assets | 22/27 | €8,138 | €5,013 | -€3,125 | -38.4% |
| Furniture and vehicles | 24 | €8,138 | €5,013 | -€3,125 | -38.4% |
| Current assets | 29/58 | €4,118 | €16,383 | +€12,265 | +297.9% |
| Amounts receivable within one year | 40/41 | €1,813 | €8,951 | +€7,138 | +393.7% |
| Trade receivables | 40 | €494 | €8,765 | +€8,271 | +1673.9% |
| Other amounts receivable | 41 | €1,319 | €186 | -€1,133 | -85.9% |
| Cash at bank and in hand | 54/58 | €1,260 | €6,427 | +€5,167 | +410.3% |
| Deferred charges and accrued income | 490/1 | €1,045 | €1,005 | -€40 | -3.8% |
| Total equity and liabilities | 10/49 | €12,256 | €21,395 | +€9,140 | +74.6% |
| Equity | 10/15 | €2,097 | -€1,159 | -€3,256 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,903 | -€11,159 | -€3,256 | -41.2% |
| Amounts payable | 17/49 | €10,159 | €22,555 | +€12,396 | +122.0% |
| Amounts payable within one year | 42/48 | €10,159 | €22,555 | +€12,396 | +122.0% |
| Trade debts | 44 | €1,361 | €11,036 | +€9,674 | +710.7% |
| Suppliers | 440/4 | €1,361 | €11,036 | +€9,674 | +710.7% |
| Advances received on contracts in progress | 46 | - | €2,500 | +€2,500 | |
| Taxes, remuneration and social security | 45 | - | €141 | +€141 | |
| Taxes | 450/3 | - | €141 | +€141 | |
| Other amounts payable | 47/48 | €8,798 | €8,878 | +€80 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €3,125 | +€1,887 | +152.4% |
| Other operating charges | 640/8 | €614 | €617 | +€4 | +0.6% |
| Gross operating margin | 9900 | -€6,052 | €682 | +€6,734 | |
| Operating profit (loss) | 9901 | -€7,904 | -€3,061 | +€4,843 | +61.3% |
| Financial income | 75/76B | €1 | €0 | -€0 | -24.5% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -24.5% |
| Financial charges | 65/66B | - | €55 | +€55 | |
| Recurring financial charges | 65 | - | €55 | +€55 | |
| Profit (loss) for the period before taxes | 9903 | -€7,903 | -€3,115 | +€4,788 | +60.6% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€7,903 | -€3,256 | +€4,647 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,903 | -€3,256 | +€4,647 | +58.8% |
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.