PRO CMF: 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.
PRO CMF
Largest movements
- Current investments +€60,000
up €60,000 (+10.5%), from €570,000 to €630,000
- Cash +€37,196
up €37,196 (+16.9%), from €220,152 to €257,348
mainly Net result for the year (+€484,554) and Other debts (+€102,034)
- Tangible fixed assets -€23,947
down €23,947 (-18.3%), from €131,097 to €107,149
of which Furniture and vehicles: -€18,502
- Other debts +€102,034
up €102,034 (+12.5%), from €815,047 to €917,081
- Trade debts -€20,647
down €20,647 (-85.0%), from €24,299 to €3,652
- Debts after one year -€19,916
down €19,916 (-39.0%), from €51,103 to €31,186
- Gross operating margin -€11,536
down €11,536 (-1.5%), from €771,511 to €759,974
- Financial charges +€8,974
up €8,974 (+11.5%), from €78,198 to €87,172
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 | €945,441 | €1,010,928 | +€65,487 | +6.9% |
| Fixed assets | 21/28 | €131,097 | €107,149 | -€23,947 | -18.3% |
| Tangible fixed assets | 22/27 | €131,097 | €107,149 | -€23,947 | -18.3% |
| Furniture and vehicles | 24 | €86,113 | €67,610 | -€18,502 | -21.5% |
| Other tangible fixed assets | 26 | €44,984 | €39,539 | -€5,445 | -12.1% |
| Current assets | 29/58 | €814,344 | €903,779 | +€89,435 | +11.0% |
| Amounts receivable within one year | 40/41 | €23,274 | €15,123 | -€8,151 | -35.0% |
| Trade receivables | 40 | - | €4 | +€4 | |
| Other amounts receivable | 41 | €23,274 | €15,119 | -€8,155 | -35.0% |
| Current investments | 50/53 | €570,000 | €630,000 | +€60,000 | +10.5% |
| Cash at bank and in hand | 54/58 | €220,152 | €257,348 | +€37,196 | +16.9% |
| Deferred charges and accrued income | 490/1 | €918 | €1,308 | +€390 | +42.5% |
| Total equity and liabilities | 10/49 | €945,441 | €1,010,928 | +€65,487 | +6.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €926,841 | €992,328 | +€65,487 | +7.1% |
| Amounts payable after more than one year | 17 | €51,103 | €31,186 | -€19,916 | -39.0% |
| Financial debts | 170/4 | €51,103 | €31,186 | -€19,916 | -39.0% |
| Amounts payable within one year | 42/48 | €875,532 | €960,991 | +€85,458 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €20,818 | €21,545 | +€728 | +3.5% |
| Financial debts | 43 | €782 | €70 | -€712 | -91.0% |
| Credit institutions | 430/8 | €335 | €70 | -€265 | -79.1% |
| Other loans | 439 | €447 | €0 | -€447 | -100.0% |
| Trade debts | 44 | €24,299 | €3,652 | -€20,647 | -85.0% |
| Suppliers | 440/4 | €24,299 | €3,652 | -€20,647 | -85.0% |
| Taxes, remuneration and social security | 45 | €14,587 | €18,643 | +€4,056 | +27.8% |
| Taxes | 450/3 | €14,587 | €18,643 | +€4,056 | +27.8% |
| Other amounts payable | 47/48 | €815,047 | €917,081 | +€102,034 | +12.5% |
| Accrued charges and deferred income | 492/3 | €206 | €151 | -€55 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,297 | €30,248 | -€49 | -0.2% |
| Other operating charges | 640/8 | €1,617 | €1,957 | +€340 | +21.1% |
| Non-recurring operating charges | 66A | - | €3,653 | +€3,653 | |
| Gross operating margin | 9900 | €771,511 | €759,974 | -€11,536 | -1.5% |
| Operating profit (loss) | 9901 | €739,597 | €724,116 | -€15,481 | -2.1% |
| Financial income | 75/76B | €11,754 | €13,129 | +€1,375 | +11.7% |
| Recurring financial income | 75 | €11,754 | €13,129 | +€1,375 | +11.7% |
| Financial charges | 65/66B | €78,198 | €87,172 | +€8,974 | +11.5% |
| Recurring financial charges | 65 | €78,198 | €87,172 | +€8,974 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €673,153 | €650,073 | -€23,080 | -3.4% |
| Income taxes | 67/77 | €166,952 | €165,520 | -€1,433 | -0.9% |
| Profit (loss) for the period | 9904 | €506,201 | €484,554 | -€21,647 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €506,201 | €484,554 | -€21,647 | -4.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.