CMTL srl: 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.
CMTL srl
Largest movements
- Receivables within one year +€14,905
up €14,905 (+70.7%), from €21,086 to €35,991
of which Trade receivables: +€13,589
- Cash -€12,794
down €12,794 (-62.8%), from €20,378 to €7,584
mainly Contributions, distributions and other (-€30,000) and Receivables within one year (-€14,905)
- Tangible fixed assets +€9,568
up €9,568 (+77.7%), from €12,317 to €21,884
of which Land and buildings: +€9,236
- Other debts +€26,110
up €26,110 (+357.8%), from €7,298 to €33,408
- Profit (loss) carried forward -€20,778
down €20,778 (-49.0%), from €42,410 to €21,632
- Tax, wage and social debts +€6,237
up €6,237 (+240.4%), from €2,595 to €8,831
of which Taxes: +€5,237
- Trade debts +€841
up €841 (+1273.6%), from €66 to €908
- Gross operating margin +€4,453
up €4,453 (+7.0%), from €63,538 to €67,992
- Staff costs +€2,146
up €2,146 (+4.4%), from €48,635 to €50,780
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 | €54,515 | €66,779 | +€12,264 | +22.5% |
| Fixed assets | 21/28 | €12,680 | €22,247 | +€9,568 | +75.5% |
| Tangible fixed assets | 22/27 | €12,317 | €21,884 | +€9,568 | +77.7% |
| Land and buildings | 22 | €3,959 | €13,195 | +€9,236 | +233.3% |
| Plant, machinery and equipment | 23 | €1,763 | €2,707 | +€944 | +53.5% |
| Furniture and vehicles | 24 | €6,595 | €5,983 | -€612 | -9.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €41,835 | €44,531 | +€2,696 | +6.4% |
| Amounts receivable within one year | 40/41 | €21,086 | €35,991 | +€14,905 | +70.7% |
| Trade receivables | 40 | €19,686 | €33,275 | +€13,589 | +69.0% |
| Other amounts receivable | 41 | €1,400 | €2,716 | +€1,316 | +94.0% |
| Cash at bank and in hand | 54/58 | €20,378 | €7,584 | -€12,794 | -62.8% |
| Deferred charges and accrued income | 490/1 | €371 | €956 | +€585 | +157.7% |
| Total equity and liabilities | 10/49 | €54,515 | €66,779 | +€12,264 | +22.5% |
| Equity | 10/15 | €44,410 | €23,632 | -€20,778 | -46.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,410 | €21,632 | -€20,778 | -49.0% |
| Amounts payable | 17/49 | €10,105 | €43,147 | +€33,042 | +327.0% |
| Amounts payable within one year | 42/48 | €9,958 | €43,147 | +€33,189 | +333.3% |
| Trade debts | 44 | €66 | €908 | +€841 | +1273.6% |
| Suppliers | 440/4 | €66 | €908 | +€841 | +1273.6% |
| Taxes, remuneration and social security | 45 | €2,595 | €8,831 | +€6,237 | +240.4% |
| Taxes | 450/3 | €2,595 | €7,831 | +€5,237 | +201.8% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €7,298 | €33,408 | +€26,110 | +357.8% |
| Accrued charges and deferred income | 492/3 | €147 | - | -€147 | |
| Remuneration, social security and pensions | 62 | €48,635 | €50,780 | +€2,146 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,534 | €3,928 | +€394 | +11.1% |
| Other operating charges | 640/8 | €514 | €453 | -€61 | -11.8% |
| Gross operating margin | 9900 | €63,538 | €67,992 | +€4,453 | +7.0% |
| Operating profit (loss) | 9901 | €10,856 | €12,830 | +€1,975 | +18.2% |
| Financial charges | 65/66B | €102 | €124 | +€22 | +21.6% |
| Recurring financial charges | 65 | €102 | €124 | +€22 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €10,753 | €12,706 | +€1,953 | +18.2% |
| Income taxes | 67/77 | €2,900 | €3,484 | +€584 | +20.1% |
| Profit (loss) for the period | 9904 | €7,853 | €9,222 | +€1,368 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,853 | €9,222 | +€1,368 | +17.4% |
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 8 October 2026 via checked.be.