COMAREL
InactiveFinancials · financial year 2024, full format
2024 annual accounts filed 151 days after the deadline Filed on 29 December 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00591988.
Annual accounts 2024 filed on 29-12-2025 PDF all 29 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€0
2020 · €0
EBIT margin
Not included in this filing
Net result
€1.5m▲ 265%
2024 · €423,483
Working capital
€6.2m▲ 33.2%
2024 · €4.7m
Multi-year overview
2019 to 2024, 7 financial yearsTurnover
no figure
2024
20192024
Operating result
€1,875
2024
20192024
Net result
€1.5m
2024
20192024
Equity
€11.8m
2024
20192024
Total assets
€11.8m
2024
20192024
Debt
€19,669
2024
20192024
Working capital
€6.2m
2024
20192024
Staff (FTE)
no figure
2024
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242024
Turnover€0-€0€0
Operating result-€0.02m--€0.02m▼ 12.0%-€0.01m▲ 28.4%-€0.02m▼ 46.7%-€0.02m▲ 3.7%-€0.03m▼ 50.0%€0.002m-
Net result€0.3m-€0.002m▼ 99.5%€1.5m▲ 984×€0.6m▼ 63.1%€0.6m▲ 13.8%€0.4m▼ 34.6%€1.5m-
Equity€7.1m-€7.1m=€8.6m▲ 21.8%€9.2m▲ 6.6%€9.8m▲ 7.0%€10.3m▲ 4.3%€11.8m-
Total assets€7.4m-€7.1m▼ 3.9%€8.6m▲ 21.8%€9.2m▲ 6.6%€9.8m▲ 7.1%€10.3m▲ 4.3%€11.8m-
Debt€0.3m-€0.01m▼ 95.5%€0.02m▲ 16.8%€0.02m▼ 0.8%€0.02m▲ 9.8%€0.02m▼ 6.8%€0.02m-
Working capital€1.6m-€1.4m▼ 14.6%€3.0m▲ 111%€3.6m▲ 20.0%€4.2m▲ 18.8%€4.7m▲ 10.2%€6.2m-
Staff (FTE)0-00
Several financial years end in the same calendar year, so there is no annual trend.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €11.8m
Fixed assets
€5.6m =
Current assets
€6.2m ▲ 33.3%
Equity and liabilities €11.8m
Equity
€11.8m ▲ 15.1%
Debt
€19,669 ▲ 24.1%
Debt's share of the balance-sheet total stays at 0.2%.
Key figures and ratios
EBITDA
€1,875▲
2024 · -€7,503
Cash flow
€1.5m▲
2024 · €446,332
Debt to equity
0.00▲
2024 · 0.00
ROE
13.1%▲
2024 · 4.1%
ROA
13.1%▲
2024 · 4.1%
Interest coverage
83.33▲
2024 · -166.73
Debt ≤ 1 year
€4,669▲
2024 · €847
Income taxes
€10,509▲
2024 · €6,177
A ratio outside any meaningful range has been withheld (balance sheet total €11.8m, equity €11.8m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 2024 |
|---|---|---|---|---|
| Financial fixed assets | - | - | €31,000 | - |
| Depreciation and write-downs of the year | €23,214 | €23,214 | €22,849 | €0 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.02m | €0.02m | €0.02m | €0.009m | - |
| Turnover70 | €0 | €0 | €0 | - | - | - | - | - |
| Other operating income74 | - | - | - | €0.02m | €0.02m | €0.02m | €0.009m | - |
| Operating charges60/66A | - | - | - | €0.04m | €0.04m | €0.05m | €0.007m | - |
| Services and other goods61 | - | - | - | €0.01m | €0.01m | €0.02m | €0.005m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0 | - |
| Other operating charges640/8 | - | - | - | €0.003m | €0.002m | €0.003m | €0.002m | - |
| Operating profit (loss)9901 | -€0.02m | -€0.02m | -€0.01m | -€0.02m | -€0.02m | -€0.03m | €0.002m | - |
| Financial income75/76B | - | - | - | €0.6m | €0.7m | €0.5m | €1.6m | - |
| Recurring financial income75 | €0.3m | €0.03m | €1.6m | €0.6m | €0.7m | €0.5m | €1.6m | - |
| Income from financial fixed assets750 | - | - | - | €0.6m | €0.7m | €0.4m | €1.5m | - |
| Income from current assets751 | - | - | - | €0.006m | €0.001m | €0.07m | €0.01m | - |
| Other financial income752/9 | - | - | - | - | €0 | €0.01m | €0 | - |
| Financial charges65/66B | - | - | - | €0.005m | €0.002m | €45 | €23 | - |
| Recurring financial charges65 | €0.02m | €99 | €107 | €0.005m | €0.002m | €45 | €23 | - |
| Debt charges650 | €0.01m | €37 | €0 | - | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.005m | €0.002m | €45 | €23 | - |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.006m | €1.5m | €0.6m | €0.6m | €0.4m | €1.6m | - |
| Income taxes67/77 | -€0.04m | €0.004m | €0.002m | €394 | €271 | €0.006m | €0.01m | - |
| Taxes670/3 | - | - | - | €0.004m | €274 | €0.02m | €0.01m | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.004m | €3 | €0.01m | €0 | - |
| Profit (loss) for the period9904 | €0.3m | €0.002m | €1.5m | €0.6m | €0.6m | €0.4m | €1.5m | - |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.002m | €1.5m | €0.6m | €0.6m | €0.4m | €1.5m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €7.4m | €7.1m | €8.6m | €9.2m | €9.8m | €10.3m | €11.8m | - |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €5.7m | €5.7m | €5.7m | €5.6m | €5.6m | €5.6m | €5.6m | - |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | - |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | - |
| Plant, machinery and equipment23 | - | - | - | €453 | €44 | €0 | - | - |
| Financial fixed assets28 | €5.1m | €5.1m | €5.1m | €5.1m | €5.1m | €5.1m | €5.1m | - |
| Companies linked by participating interests282/3 | - | - | - | €5.1m | €5.1m | €5.1m | €5.1m | - |
| Participating interests282 | - | - | - | €5.1m | €5.1m | €5.1m | €5.1m | - |
| Current assets29/58 | €1.7m | €1.4m | €3.0m | €3.6m | €4.2m | €4.7m | €6.2m | - |
| Amounts receivable after more than one year29 | - | - | - | €0.4m | €0.4m | €0.3m | €0.2m | - |
| Other amounts receivable291 | - | - | - | €0.4m | €0.4m | €0.3m | €0.2m | - |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | - | - | - | €0.001m | €0 | €0.3m | €0.5m | - |
| Other amounts receivable41 | - | - | - | €0.001m | €0 | €0.3m | €0.5m | - |
| Current investments50/53 | €0.6m | €0.6m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | - |
| Other investments51/53 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | - |
| Cash at bank and in hand54/58 | €0.6m | €0.4m | €2.0m | €2.7m | €3.5m | €3.7m | €5.1m | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €7.4m | €7.1m | €8.6m | €9.2m | €9.8m | €10.3m | €11.8m | - |
| Equity10/15 | €7.1m | €7.1m | €8.6m | €9.2m | €9.8m | €10.3m | €11.8m | - |
| Contributions10/11 | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | €2.3m | - |
| Capital10 | - | - | - | €2.3m | €2.3m | €2.3m | €2.3m | - |
| Issued capital100 | - | - | - | €2.3m | €2.3m | €2.3m | €2.3m | - |
| Reserves13 | €4.8m | €4.8m | €6.3m | €6.9m | €7.6m | €8.0m | €9.5m | - |
| Non-distributable reserves130/1 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Legal reserve130 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | - |
| Distributable reserves133 | - | - | - | €6.7m | €7.3m | €7.8m | €9.3m | - |
| Profit (loss) carried forward14 | €39 | €7 | €27 | €80 | €32 | €15 | €382 | - |
| Amounts payable17/49 | €0.3m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | - |
| Amounts payable after more than one year17 | €0.3m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.05m | €0.01m | €0.01m | €0.01m | €0.02m | €0.001m | €0.005m | - |
| Financial debts43 | - | - | - | €0.01m | €0.01m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0.01m | €0.01m | €0 | - | - |
| Trade debts44 | €0.002m | - | - | €0.002m | €0.005m | €0.001m | €0.001m | - |
| Suppliers440/4 | - | - | - | €0.002m | €0.005m | €0.001m | €0.001m | - |
| Taxes, remuneration and social security45 | - | - | - | €0 | - | - | €0.003m | - |
| Taxes450/3 | - | - | - | €0 | - | - | €0.003m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0 | €0.02m | €0.02m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.002m | €1.5m | €0.6m | €0.6m | €0.4m | €1.5m | - |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0 | - |
| Operating cash flow (approximation) | €0.3m | €0.02m | €1.6m | €0.6m | €0.7m | €0.4m | €1.5m | - |
| Investment in fixed assets (approximation) | - | -€0.02m | -€0.006m | €0 | €0 | -€0.03m | - | - |
| Change in cash | - | -€0.3m | €1.6m | €0.7m | €0.7m | €0.3m | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 29-12-2025 | 2025-00591988 | |
| 30-06-2024 | full format | 20-01-2025 | 2025-00006650 | |
| 30-06-2023 | full format | 30-01-2024 | 2024-00011622 | |
| 30-06-2022 | full format | 30-01-2023 | 2023-00008428 | |
| 30-06-2021 | full format | 21-02-2022 | 2022-05900332 | |
| 30-06-2020 | full format | 29-01-2021 | 2021-02400491 | |
| 30-06-2019 | full format | 14-01-2020 | 2020-00900343 | |
| 30-06-2018 | full format | 11-01-2019 | 2019-00900005 | |
| 30-06-2017 | full format | 26-01-2018 | 2018-02100594 | |
| 30-06-2016 | abbreviated format | 30-01-2017 | 2017-02400118 |