CPMC: 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.
CPMC
Largest movements
- Current investments +€110,042
up €110,042 (+110.0%), from €100,000 to €210,042
- Receivables within one year -€64,507
down €64,507 (-33.3%), from €193,583 to €129,076
of which Trade receivables: -€41,104
- Cash +€30,717
up €30,717 (+98.1%), from €31,324 to €62,040
mainly Net result for the year (+€177,326) and Receivables within one year (+€64,507)
- Other debts +€47,177
up €47,177 (+42.4%), from €111,359 to €158,536
- Tax, wage and social debts +€33,725
up €33,725 (+78.0%), from €43,252 to €76,977
of which Taxes: +€29,734
- Current portion of long-term debt +€8,750
new in 2025: €8,750
- Profit (loss) carried forward -€7,674
down €7,674 (-15.4%), from €49,735 to €42,061
- Trade debts -€5,341
down €5,341 (-4.3%), from €124,406 to €119,066
- Gross operating margin +€53,454
up €53,454 (+14.4%), from €370,911 to €424,365
- Depreciation -€27,092
down €27,092 (-97.1%), from €27,899 to €807
- Taxes +€26,132
up €26,132 (+72.0%), from €36,271 to €62,403
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 | €329,274 | €405,490 | +€76,217 | +23.1% |
| Fixed assets | 21/28 | €3,696 | €2,760 | -€936 | -25.3% |
| Tangible fixed assets | 22/27 | €3,117 | €2,181 | -€936 | -30.0% |
| Plant, machinery and equipment | 23 | €2,904 | €2,181 | -€723 | -24.9% |
| Furniture and vehicles | 24 | €213 | - | -€213 | |
| Financial fixed assets | 28 | €579 | €579 | = | 0.0% |
| Current assets | 29/58 | €325,577 | €402,730 | +€77,153 | +23.7% |
| Amounts receivable within one year | 40/41 | €193,583 | €129,076 | -€64,507 | -33.3% |
| Trade receivables | 40 | €170,180 | €129,076 | -€41,104 | -24.2% |
| Other amounts receivable | 41 | €23,403 | - | -€23,403 | |
| Current investments | 50/53 | €100,000 | €210,042 | +€110,042 | +110.0% |
| Cash at bank and in hand | 54/58 | €31,324 | €62,040 | +€30,717 | +98.1% |
| Deferred charges and accrued income | 490/1 | €671 | €1,573 | +€902 | +134.4% |
| Total equity and liabilities | 10/49 | €329,274 | €405,490 | +€76,217 | +23.1% |
| Equity | 10/15 | €49,835 | €42,161 | -€7,674 | -15.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,735 | €42,061 | -€7,674 | -15.4% |
| Amounts payable | 17/49 | €279,438 | €363,329 | +€83,891 | +30.0% |
| Amounts payable within one year | 42/48 | €279,018 | €363,329 | +€84,311 | +30.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,750 | +€8,750 | |
| Trade debts | 44 | €124,406 | €119,066 | -€5,341 | -4.3% |
| Suppliers | 440/4 | €124,406 | €119,066 | -€5,341 | -4.3% |
| Taxes, remuneration and social security | 45 | €43,252 | €76,977 | +€33,725 | +78.0% |
| Taxes | 450/3 | €30,682 | €60,416 | +€29,734 | +96.9% |
| Remuneration and social security | 454/9 | €12,570 | €16,561 | +€3,991 | +31.7% |
| Other amounts payable | 47/48 | €111,359 | €158,536 | +€47,177 | +42.4% |
| Accrued charges and deferred income | 492/3 | €421 | - | -€421 | |
| Non-recurring operating income | 76A | - | €33,164 | +€33,164 | |
| Remuneration, social security and pensions | 62 | €178,657 | €178,733 | +€76 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,899 | €807 | -€27,092 | -97.1% |
| Other operating charges | 640/8 | €2,186 | €2,057 | -€129 | -5.9% |
| Gross operating margin | 9900 | €370,911 | €424,365 | +€53,454 | +14.4% |
| Operating profit (loss) | 9901 | €162,169 | €242,768 | +€80,599 | +49.7% |
| Financial income | 75/76B | €177 | €338 | +€161 | +90.8% |
| Recurring financial income | 75 | €177 | €338 | +€161 | +90.8% |
| Financial charges | 65/66B | €151 | €3,377 | +€3,226 | +2131.7% |
| Recurring financial charges | 65 | €151 | €3,377 | +€3,226 | +2131.7% |
| Profit (loss) for the period before taxes | 9903 | €162,194 | €239,729 | +€77,534 | +47.8% |
| Income taxes | 67/77 | €36,271 | €62,403 | +€26,132 | +72.0% |
| Profit (loss) for the period | 9904 | €125,924 | €177,326 | +€51,402 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €125,924 | €177,326 | +€51,402 | +40.8% |
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 9 October 2026 via checked.be.