CMW ESTHETIQUE: 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.
CMW ESTHETIQUE
Largest movements
- Cash -€8,674
down €8,674 (-34.8%), from €24,891 to €16,217
mainly Investment in fixed assets (net) (-€19,149) and Net result for the year (-€11,613)
- Tangible fixed assets +€7,454
up €7,454 (+13.3%), from €55,878 to €63,331
of which Leasing and similar rights: +€13,409
- Profit (loss) carried forward -€11,613
down €11,613 (-56.9%), from €20,401 to €8,788
- Other debts +€7,710
up €7,710 (+13.5%), from €57,315 to €65,025
- Tax, wage and social debts +€2,553
up €2,553 (+49.9%), from €5,116 to €7,669
of which Taxes: +€1,669
- Gross operating margin -€13,075
down €13,075 (-47.7%), from €27,407 to €14,332
- Staff costs +€7,680
up €7,680 (+707.0%), from €1,086 to €8,766
- Taxes -€3,463
down €3,463 (-94.2%), from €3,675 to €211
- Depreciation +€2,933
up €2,933 (+33.5%), from €8,762 to €11,695
- Financial charges +€2,926
up €2,926 (+3281.2%), from €89 to €3,016
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 | €88,730 | €86,896 | -€1,834 | -2.1% |
| Fixed assets | 21/28 | €55,878 | €63,331 | +€7,454 | +13.3% |
| Tangible fixed assets | 22/27 | €55,878 | €63,331 | +€7,454 | +13.3% |
| Land and buildings | 22 | €49,600 | €42,454 | -€7,145 | -14.4% |
| Plant, machinery and equipment | 23 | - | €1,409 | +€1,409 | |
| Furniture and vehicles | 24 | €6,278 | €6,059 | -€219 | -3.5% |
| Leasing and similar rights | 25 | - | €13,409 | +€13,409 | |
| Current assets | 29/58 | €32,852 | €23,565 | -€9,288 | -28.3% |
| Stocks and contracts in progress | 3 | €7,740 | €7,348 | -€393 | -5.1% |
| Stocks | 30/36 | €7,740 | €7,348 | -€393 | -5.1% |
| Cash at bank and in hand | 54/58 | €24,891 | €16,217 | -€8,674 | -34.8% |
| Deferred charges and accrued income | 490/1 | €221 | - | -€221 | |
| Total equity and liabilities | 10/49 | €88,730 | €86,896 | -€1,834 | -2.1% |
| Equity | 10/15 | €23,401 | €11,788 | -€11,613 | -49.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,401 | €8,788 | -€11,613 | -56.9% |
| Amounts payable | 17/49 | €65,328 | €75,108 | +€9,779 | +15.0% |
| Amounts payable within one year | 42/48 | €65,328 | €75,108 | +€9,779 | +15.0% |
| Trade debts | 44 | €2,897 | €2,414 | -€483 | -16.7% |
| Suppliers | 440/4 | €2,897 | €2,414 | -€483 | -16.7% |
| Taxes, remuneration and social security | 45 | €5,116 | €7,669 | +€2,553 | +49.9% |
| Taxes | 450/3 | €5,116 | €6,785 | +€1,669 | +32.6% |
| Remuneration and social security | 454/9 | - | €884 | +€884 | |
| Other amounts payable | 47/48 | €57,315 | €65,025 | +€7,710 | +13.5% |
| Remuneration, social security and pensions | 62 | €1,086 | €8,766 | +€7,680 | +707.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,762 | €11,695 | +€2,933 | +33.5% |
| Other operating charges | 640/8 | €387 | €2,295 | +€1,908 | +492.6% |
| Gross operating margin | 9900 | €27,407 | €14,332 | -€13,075 | -47.7% |
| Operating profit (loss) | 9901 | €17,172 | -€8,424 | -€25,596 | |
| Financial income | 75/76B | €21 | €38 | +€18 | +85.4% |
| Recurring financial income | 75 | €21 | €38 | +€18 | +85.4% |
| Financial charges | 65/66B | €89 | €3,016 | +€2,926 | +3281.2% |
| Recurring financial charges | 65 | €89 | €3,016 | +€2,926 | +3281.2% |
| Profit (loss) for the period before taxes | 9903 | €17,103 | -€11,402 | -€28,505 | |
| Income taxes | 67/77 | €3,675 | €211 | -€3,463 | -94.2% |
| Profit (loss) for the period | 9904 | €13,429 | -€11,613 | -€25,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,429 | -€11,613 | -€25,042 |
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 11 October 2026 via checked.be.