Comara
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 02-03-2026 PDF all 38 filings
Every figure per financial year
The operating result for 2025 is a profit of €2,966, after a loss of €5,944 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €123 | €9,121 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,865 | €1,932 | €2,215 | €2,376 | ▲ 7.3% |
| Gross operating margin9900 | €5,718 | €1,487 | €3,192 | €1,519 | €9,735 | -€3,729 | €5,342 | - |
| Operating profit (loss)9901 | €2,173 | -€299 | €1,351 | -€346 | €7,803 | -€5,944 | €2,966 | - |
| Financial income75/76B | - | - | - | €516 | €527 | €282 | €413 | ▲ 46.3% |
| Recurring financial income75 | €470 | €502 | €519 | €516 | €527 | €282 | €413 | ▲ 46.3% |
| Financial charges65/66B | - | - | - | €197 | €383 | €217 | €102 | ▼ 52.9% |
| Recurring financial charges65 | €213 | €189 | €150 | €197 | €383 | €217 | €102 | ▼ 52.9% |
| Profit (loss) for the period before taxes9903 | €2,430 | €13 | €54 | -€27 | €7,947 | -€5,879 | €3,277 | - |
| Income taxes67/77 | -€193 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €2,622 | €13 | €54 | -€27 | €7,947 | -€5,879 | €3,277 | - |
| Profit (loss) for the period to be appropriated9905 | €2,622 | €13 | €54 | -€27 | €7,947 | -€5,879 | €3,277 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €18,015 | €18,604 | €16,342 | €18,305 | €19,072 | €11,291 | €14,581 | ▲ 29.1% |
| Fixed assets21/28 | €17,454 | €17,454 | €15,788 | €17,758 | €4,958 | €4,958 | €4,958 | = |
| Tangible fixed assets22/27 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Land and buildings22 | - | - | - | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Financial fixed assets28 | €12,496 | €12,496 | €10,830 | €12,800 | - | - | - | - |
| Current assets29/58 | €561 | €1,150 | €554 | €547 | €14,114 | €6,334 | €9,623 | ▲ 51.9% |
| Amounts receivable within one year40/41 | - | - | - | €15 | €3,939 | €5,167 | €6,373 | ▲ 23.3% |
| Other amounts receivable41 | - | - | - | €15 | €3,939 | €5,167 | €6,373 | ▲ 23.3% |
| Cash at bank and in hand54/58 | €206 | €745 | €106 | €152 | €9,727 | €405 | €333 | ▼ 17.8% |
| Deferred charges and accrued income490/1 | - | - | - | €380 | €449 | €762 | €2,917 | ▲ 283% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €18,015 | €18,604 | €16,342 | €18,305 | €19,072 | €11,291 | €14,581 | ▲ 29.1% |
| Equity10/15 | €14,280 | €14,293 | €14,347 | €16,290 | €16,783 | €10,904 | €14,181 | ▲ 30.1% |
| Contributions10/11 | €18,592 | - | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Revaluation surpluses12 | - | - | - | €7,454 | - | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€11,655 | -€11,641 | -€11,587 | -€11,615 | -€3,668 | -€9,547 | -€6,270 | ▲ 34.3% |
| Amounts payable17/49 | €3,735 | €4,311 | €1,995 | €2,015 | €2,289 | €387 | €400 | ▲ 3.2% |
| Amounts payable within one year42/48 | €3,735 | €4,311 | €1,919 | €2,015 | €2,289 | €387 | €400 | ▲ 3.2% |
| Trade debts44 | €1,417 | €1,793 | €348 | €348 | €2,289 | €387 | €400 | ▲ 3.2% |
| Suppliers440/4 | - | - | - | €348 | €2,289 | €387 | €400 | ▲ 3.2% |
| Other amounts payable47/48 | - | - | - | €1,668 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,622 | €13 | €54 | -€27 | €7,947 | -€5,879 | €3,277 | - |
| Operating cash flow (approximation) | €2,622 | €13 | €54 | -€27 | €7,947 | -€5,879 | €3,277 | - |
| Investment in fixed assets (approximation) | - | €0 | €1,667 | -€1,970 | €12,800 | €0 | €0 | - |
| Change in cash | - | €538 | -€638 | €46 | €9,575 | -€9,322 | -€72 | ▲ 99.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as Comara has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Comara itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for Comara. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 02-03-2026 | 2026-00049473 | |
| 30-09-2024 | micro format | 03-04-2025 | 2025-00064017 | |
| 30-09-2023 | micro format | 26-02-2024 | 2024-00036479 | |
| 30-09-2022 | micro format | 14-02-2023 | 2023-00028704 | |
| 30-09-2021 | micro format | 16-02-2022 | 2022-05800126 | |
| 30-09-2020 | micro format | 12-02-2021 | 2021-05500148 | |
| 30-09-2019 | micro format | 30-12-2019 | 2019-77900445 | |
| 30-09-2018 | micro format | 12-04-2019 | 2019-09900436 | |
| 30-09-2017 | micro format | 21-07-2018 | 2018-36200317 | |
| 30-09-2016 | full format | 09-03-2017 | 2017-06200096 |