CMV: 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.
CMV
Largest movements
- Cash +€25,480
up €25,480 (+44.6%), from €57,099 to €82,579
mainly Net result for the year (+€58,384) and Tax, wage and social debts (+€14,940)
- Tangible fixed assets +€12,369
up €12,369 (+285.4%), from €4,334 to €16,702
of which Furniture and vehicles: +€12,718
- Deferred charges and accrued income +€4,598
up €4,598 (+60.6%), from €7,583 to €12,181
- Receivables within one year -€3,232
down €3,232 (-11.5%), from €28,029 to €24,797
- Reserves +€20,000
up €20,000 (+83.3%), from €24,000 to €44,000
- Tax, wage and social debts +€14,940
up €14,940 (+220.0%), from €6,792 to €21,732
- Profit (loss) carried forward +€3,784
up €3,784 (+7.3%), from €51,963 to €55,747
- Gross operating margin +€41,047
up €41,047 (+76.3%), from €53,794 to €94,841
- Taxes +€8,310
up €8,310 (+46.1%), from €18,042 to €26,352
- Depreciation +€1,701
up €1,701 (+84.0%), from €2,025 to €3,726
- Financial charges +€1,335
up €1,335 (+138.5%), from €964 to €2,299
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,044 | €136,259 | +€39,215 | +40.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,334 | €16,702 | +€12,369 | +285.4% |
| Tangible fixed assets | 22/27 | €4,334 | €16,702 | +€12,369 | +285.4% |
| Plant, machinery and equipment | 23 | €750 | €400 | -€349 | -46.6% |
| Furniture and vehicles | 24 | €3,584 | €16,302 | +€12,718 | +354.8% |
| Current assets | 29/58 | €92,710 | €119,557 | +€26,847 | +29.0% |
| Amounts receivable within one year | 40/41 | €28,029 | €24,797 | -€3,232 | -11.5% |
| Other amounts receivable | 41 | €28,029 | €24,797 | -€3,232 | -11.5% |
| Cash at bank and in hand | 54/58 | €57,099 | €82,579 | +€25,480 | +44.6% |
| Deferred charges and accrued income | 490/1 | €7,583 | €12,181 | +€4,598 | +60.6% |
| Total equity and liabilities | 10/49 | €97,044 | €136,259 | +€39,215 | +40.4% |
| Equity | 10/15 | €90,223 | €114,007 | +€23,784 | +26.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €24,000 | €44,000 | +€20,000 | +83.3% |
| Distributable reserves | 133 | €24,000 | €44,000 | +€20,000 | +83.3% |
| Profit (loss) carried forward | 14 | €51,963 | €55,747 | +€3,784 | +7.3% |
| Amounts payable | 17/49 | €6,821 | €22,252 | +€15,431 | +226.2% |
| Amounts payable within one year | 42/48 | €6,821 | €22,252 | +€15,431 | +226.2% |
| Trade debts | 44 | €29 | €521 | +€491 | +1670.9% |
| Suppliers | 440/4 | €29 | €521 | +€491 | +1670.9% |
| Taxes, remuneration and social security | 45 | €6,792 | €21,732 | +€14,940 | +220.0% |
| Taxes | 450/3 | €6,792 | €21,732 | +€14,940 | +220.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,025 | €3,726 | +€1,701 | +84.0% |
| Other operating charges | 640/8 | €1,506 | €1,040 | -€466 | -30.9% |
| Non-recurring operating charges | 66A | - | €4,500 | +€4,500 | |
| Gross operating margin | 9900 | €53,794 | €94,841 | +€41,047 | +76.3% |
| Operating profit (loss) | 9901 | €50,263 | €85,575 | +€35,312 | +70.3% |
| Financial income | 75/76B | €881 | €1,460 | +€579 | +65.7% |
| Recurring financial income | 75 | €881 | €1,460 | +€579 | +65.7% |
| Financial charges | 65/66B | €964 | €2,299 | +€1,335 | +138.5% |
| Recurring financial charges | 65 | €964 | €2,299 | +€1,335 | +138.5% |
| Profit (loss) for the period before taxes | 9903 | €50,180 | €84,736 | +€34,556 | +68.9% |
| Income taxes | 67/77 | €18,042 | €26,352 | +€8,310 | +46.1% |
| Profit (loss) for the period | 9904 | €32,138 | €58,384 | +€26,246 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,138 | €58,384 | +€26,246 | +81.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.