CMV Consultancy: 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.
CMV Consultancy
Largest movements
- Cash +€76,344
up €76,344 (+78.0%), from €97,861 to €174,205
mainly Other debts (+€171,747) and Net result for the year (+€88,231)
- Receivables within one year -€14,231
down €14,231 (-54.7%), from €26,013 to €11,782
of which Other amounts receivable: -€8,001
- Deferred charges and accrued income -€3,083
down €3,083 (-19.4%), from €15,935 to €12,852
- Other debts +€171,747
new in 2025: €171,747
- Reserves -€118,079
down €118,079 (-92.6%), from €127,510 to €9,431
of which Distributable reserves: -€118,079
- Accrued charges and deferred income +€2,022
new in 2025: €2,022
- Gross operating margin +€43,398
up €43,398 (+55.0%), from €78,968 to €122,366
- Taxes +€10,791
up €10,791 (+68.5%), from €15,759 to €26,550
- Financial charges +€2,883
up €2,883 (+133%), from €2,163 to €5,047
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 | €141,850 | €200,978 | +€59,127 | +41.7% |
| Fixed assets | 21/28 | €2,041 | €2,139 | +€98 | +4.8% |
| Tangible fixed assets | 22/27 | €2,041 | €2,139 | +€98 | +4.8% |
| Land and buildings | 22 | €515 | €322 | -€193 | -37.5% |
| Plant, machinery and equipment | 23 | - | €1,405 | +€1,405 | |
| Furniture and vehicles | 24 | €1,526 | €413 | -€1,114 | -73.0% |
| Current assets | 29/58 | €139,809 | €198,838 | +€59,029 | +42.2% |
| Amounts receivable within one year | 40/41 | €26,013 | €11,782 | -€14,231 | -54.7% |
| Trade receivables | 40 | €17,291 | €11,060 | -€6,231 | -36.0% |
| Other amounts receivable | 41 | €8,722 | €722 | -€8,001 | -91.7% |
| Cash at bank and in hand | 54/58 | €97,861 | €174,205 | +€76,344 | +78.0% |
| Deferred charges and accrued income | 490/1 | €15,935 | €12,852 | -€3,083 | -19.4% |
| Total equity and liabilities | 10/49 | €141,850 | €200,978 | +€59,127 | +41.7% |
| Equity | 10/15 | €139,510 | €21,431 | -€118,079 | -84.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €127,510 | €9,431 | -€118,079 | -92.6% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,200 | €1,200 | = | 0.0% |
| Distributable reserves | 133 | €126,310 | €8,231 | -€118,079 | -93.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,340 | €179,547 | +€177,206 | +7,572% |
| Amounts payable within one year | 42/48 | €2,340 | €177,524 | +€175,184 | +7,486% |
| Financial debts | 43 | €131 | €187 | +€56 | +42.3% |
| Credit institutions | 430/8 | €131 | €187 | +€56 | +42.3% |
| Trade debts | 44 | €2,209 | €4,041 | +€1,832 | +82.9% |
| Suppliers | 440/4 | €2,209 | €4,041 | +€1,832 | +82.9% |
| Taxes, remuneration and social security | 45 | €0 | €1,550 | +€1,550 | |
| Taxes | 450/3 | €0 | €1,550 | +€1,550 | |
| Other amounts payable | 47/48 | - | €171,747 | +€171,747 | |
| Accrued charges and deferred income | 492/3 | - | €2,022 | +€2,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €1,327 | +€1 | +0.1% |
| Other operating charges | 640/8 | €681 | €1,432 | +€751 | +110% |
| Gross operating margin | 9900 | €78,968 | €122,366 | +€43,398 | +55.0% |
| Operating profit (loss) | 9901 | €76,962 | €119,608 | +€42,646 | +55.4% |
| Financial income | 75/76B | €316 | €220 | -€97 | -30.6% |
| Recurring financial income | 75 | €316 | €220 | -€97 | -30.6% |
| Financial charges | 65/66B | €2,163 | €5,047 | +€2,883 | +133% |
| Recurring financial charges | 65 | €2,163 | €5,047 | +€2,883 | +133% |
| Profit (loss) for the period before taxes | 9903 | €75,115 | €114,781 | +€39,666 | +52.8% |
| Income taxes | 67/77 | €15,759 | €26,550 | +€10,791 | +68.5% |
| Profit (loss) for the period | 9904 | €59,356 | €88,231 | +€28,875 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,356 | €88,231 | +€28,875 | +48.6% |
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 20 October 2026 via checked.be.