CMVD FOOD: 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.
CMVD FOOD
Largest movements
- Tangible fixed assets -€64,468
down €64,468 (-30.9%), from €208,407 to €143,939
of which Furniture and vehicles: -€59,988
- Cash -€21,920
down €21,920 (-48.7%), from €44,987 to €23,066
mainly Debts after one year (-€57,437) and Tax, wage and social debts (-€30,606)
- Intangible fixed assets -€8,000
down €8,000 (-13.1%), from €61,277 to €53,277
- Stocks and contracts +€7,335
up €7,335 (+12.2%), from €60,000 to €67,335
- Debts after one year -€57,437
down €57,437 (-25.7%), from €223,288 to €165,851
- Tax, wage and social debts -€30,606
down €30,606 (-83.3%), from €36,753 to €6,147
of which Remuneration and social security: -€29,930
- Trade debts -€16,076
down €16,076 (-9.6%), from €167,914 to €151,839
- Profit (loss) carried forward +€15,101
up €15,101 (+7.3%), from -€207,418 to -€192,317
- Staff costs -€53,917
down €53,917 (-26.7%), from €201,993 to €148,077
- Gross operating margin +€38,929
up €38,929 (+17.7%), from €219,714 to €258,642
- Other operating charges -€5,105
down €5,105 (-48.9%), from €10,440 to €5,334
- Financial charges -€4,261
down €4,261 (-24.4%), from €17,462 to €13,201
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 | €390,110 | €302,275 | -€87,835 | -22.5% |
| Fixed assets | 21/28 | €269,684 | €197,216 | -€72,468 | -26.9% |
| Intangible fixed assets | 21 | €61,277 | €53,277 | -€8,000 | -13.1% |
| Tangible fixed assets | 22/27 | €208,407 | €143,939 | -€64,468 | -30.9% |
| Furniture and vehicles | 24 | €170,775 | €110,787 | -€59,988 | -35.1% |
| Other tangible fixed assets | 26 | €37,632 | €33,152 | -€4,480 | -11.9% |
| Current assets | 29/58 | €120,426 | €105,060 | -€15,366 | -12.8% |
| Stocks and contracts in progress | 3 | €60,000 | €67,335 | +€7,335 | +12.2% |
| Stocks | 30/36 | €60,000 | €67,335 | +€7,335 | +12.2% |
| Amounts receivable within one year | 40/41 | €13,781 | €13,040 | -€741 | -5.4% |
| Trade receivables | 40 | €8,205 | €10,131 | +€1,926 | +23.5% |
| Other amounts receivable | 41 | €5,576 | €2,909 | -€2,667 | -47.8% |
| Cash at bank and in hand | 54/58 | €44,987 | €23,066 | -€21,920 | -48.7% |
| Deferred charges and accrued income | 490/1 | €1,658 | €1,618 | -€40 | -2.4% |
| Total equity and liabilities | 10/49 | €390,110 | €302,275 | -€87,835 | -22.5% |
| Equity | 10/15 | -€107,418 | -€92,317 | +€15,101 | +14.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€207,418 | -€192,317 | +€15,101 | +7.3% |
| Amounts payable | 17/49 | €497,528 | €394,592 | -€102,936 | -20.7% |
| Amounts payable after more than one year | 17 | €223,288 | €165,851 | -€57,437 | -25.7% |
| Financial debts | 170/4 | €223,288 | €165,851 | -€57,437 | -25.7% |
| Amounts payable within one year | 42/48 | €260,634 | €216,434 | -€44,200 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €55,967 | €58,448 | +€2,481 | +4.4% |
| Trade debts | 44 | €167,914 | €151,839 | -€16,076 | -9.6% |
| Suppliers | 440/4 | €167,914 | €151,839 | -€16,076 | -9.6% |
| Taxes, remuneration and social security | 45 | €36,753 | €6,147 | -€30,606 | -83.3% |
| Taxes | 450/3 | €676 | €0 | -€676 | -100% |
| Remuneration and social security | 454/9 | €36,077 | €6,147 | -€29,930 | -83.0% |
| Accrued charges and deferred income | 492/3 | €13,606 | €12,307 | -€1,299 | -9.5% |
| Remuneration, social security and pensions | 62 | €201,993 | €148,077 | -€53,917 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,114 | €76,968 | +€854 | +1.1% |
| Other operating charges | 640/8 | €10,440 | €5,334 | -€5,105 | -48.9% |
| Gross operating margin | 9900 | €219,714 | €258,642 | +€38,929 | +17.7% |
| Operating profit (loss) | 9901 | -€68,834 | €28,263 | +€97,097 | |
| Financial income | 75/76B | €17 | €39 | +€22 | +132% |
| Recurring financial income | 75 | €17 | €39 | +€22 | +132% |
| Financial charges | 65/66B | €17,462 | €13,201 | -€4,261 | -24.4% |
| Recurring financial charges | 65 | €17,462 | €13,201 | -€4,261 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€86,279 | €15,101 | +€101,380 | |
| Profit (loss) for the period | 9904 | -€86,279 | €15,101 | +€101,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€86,279 | €15,101 | +€101,380 |
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 1 November 2026 via checked.be.