COMMLINK
Annual accounts 2025
abbreviated format, filed on 30-04-2026, on the day of the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €2.6m on 30-09-2025in €m
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
2.6m | 2.6m | 2.5m | 2.5m | 2.5m | 3.1m | 3.3m | 2.6m | 2.6m | 2.4m | 3.0m | 572,441 | 410,313 | 470,174 | 317,740 | 244,889 | |
21/28 |
688,296 | 696,088 | 703,880 | 711,671 | 720,259 | 730,895 | 815,282 | 723,665 | 528,190 | - | 487,555 | 2,603 | 4,065 | 6,126 | 7,460 | 8,058 | |
22/27 |
688,296 | 696,088 | 703,880 | 711,671 | 720,259 | 730,895 | 740,282 | 643,689 | 527,590 | 491,494 | 487,555 | 2,603 | 4,065 | 6,126 | 7,460 | 8,058 | |
22 |
670,675 | 675,685 | 680,694 | 685,703 | 690,712 | 695,722 | 700,731 | 626,899 | 509,977 | 465,612 | 440,426 | - | - | - | - | - | |
23 |
793 | 1,189 | 1,586 | 1,982 | 2,378 | 2,775 | 3,171 | 3,568 | - | - | - | - | - | - | - | - | |
24 |
5,358 | 7,744 | 10,130 | 12,516 | 15,698 | 20,928 | 24,910 | 8,722 | 13,112 | 25,188 | 45,741 | - | 768 | 2,135 | 2,776 | 2,679 | |
26 |
11,470 | 11,470 | 11,470 | 11,470 | 11,470 | 11,470 | 11,470 | 4,500 | 4,500 | 694 | 1,388 | 2,603 | 3,297 | 3,991 | 4,685 | 5,379 | |
28 |
- | - | - | - | - | - | 75,000 | 79,977 | 600 | 600 | - | - | - | - | - | - | |
29/58 |
1.9m | 1.9m | 1.8m | 1.8m | 1.8m | 2.3m | 2.5m | 1.9m | 2.1m | 1.9m | 2.5m | 569,839 | 406,248 | 464,048 | 310,280 | 236,831 | |
40/41 |
1.8m | 1.1m | 966,766 | 819,299 | 635,523 | 135,083 | 282,656 | 170,487 | 156,530 | 160,082 | 143,395 | 125,311 | 92,509 | - | 130,802 | 27,750 | |
40 |
- | - | - | - | - | - | 28,435 | 28,435 | 28,435 | 45,463 | 42,357 | 51,780 | 25,331 | - | 60,500 | 1,565 | |
41 |
1.8m | 1.1m | 966,766 | 819,299 | 635,523 | 135,083 | 254,221 | 142,052 | 128,095 | 114,619 | 101,038 | 73,532 | 67,177 | - | 70,302 | 26,185 | |
50/53 |
- | - | - | - | - | 881,517 | 917,099 | 1.5m | 1.7m | 1.6m | 1.8m | 204,441 | 197,560 | - | - | - | |
54/58 |
132,485 | 731,776 | 849,688 | 966,160 | 1.1m | 1.3m | 1.3m | 230,786 | 256,365 | 135,171 | 547,101 | 240,086 | 116,179 | 464,048 | 179,478 | 209,081 | |
490/1 |
- | - | - | 0 | 1,147 | 1,294 | 1,752 | 881 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
2.6m | 2.6m | 2.5m | 2.5m | 2.5m | 3.1m | 3.3m | 2.6m | 2.6m | 2.4m | 3.0m | 572,441 | 410,313 | 470,174 | 317,740 | 244,889 | |
10/15 |
2.6m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.1m | 1.9m | 1.8m | 1.6m | 473,047 | 298,917 | 147,910 | 248,735 | 141,426 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | - | - | - | - | - | - | 6,200 | - | - | - | - | - | - | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
101 |
- | - | - | - | - | - | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | 12,350 | |
13 |
2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.1m | 1.6m | 1.5m | 1.4m | 1.2m | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
130/1 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | |
1311 |
1,855 | 1,855 | 1,855 | 1,855 | 1,855 | 1,855 | - | - | - | - | - | - | - | - | - | - | |
133 |
2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 2.1m | 1.6m | 1.5m | 1.4m | 1.2m | - | - | - | - | - | |
14 |
32,374 | 32,374 | 32,374 | 13,104 | 43 | - | 404,992 | 404,992 | 404,992 | 404,992 | 404,992 | 464,992 | 290,862 | 139,855 | 240,680 | 133,371 | |
17/49 |
24,015 | 14,999 | 8,904 | 4,971 | 7,986 | 572,960 | 789,480 | 581,718 | 656,179 | 597,927 | 1.4m | 99,394 | 111,396 | 322,263 | 69,005 | 103,463 | |
17 |
- | - | - | - | - | 172,488 | 226,665 | 279,953 | 332,411 | 384,041 | 417,285 | - | - | - | - | - | |
170/4 |
- | - | - | - | - | 172,488 | 226,665 | 279,953 | 332,411 | 384,041 | 417,285 | - | - | - | - | - | |
42/48 |
21,960 | 13,944 | 8,654 | 4,971 | 7,986 | 400,471 | 562,815 | 301,765 | 323,768 | 213,886 | 974,824 | 99,394 | 111,396 | 321,586 | 67,417 | 103,463 | |
42 |
- | - | - | - | - | 54,245 | 53,343 | 52,490 | 51,630 | 59,352 | 66,565 | - | - | - | - | - | |
44 |
2,144 | 988 | 1,121 | 371 | 3,673 | 298 | 35,017 | 3,285 | 798 | 23,334 | 17,114 | 1,141 | 2,379 | 1,331 | 17 | 427 | |
440/4 |
2,144 | 988 | 1,121 | 371 | 3,673 | 298 | 35,017 | 3,285 | 798 | 23,334 | 17,114 | 1,141 | 2,379 | 1,331 | 17 | 427 | |
45 |
19,815 | 12,956 | 7,533 | 4,600 | 4,312 | 345,928 | 474,455 | 245,991 | 271,339 | 131,200 | 891,145 | 98,254 | 109,017 | 188,620 | 67,400 | 103,035 | |
450/3 |
19,815 | 12,956 | 7,533 | 4,600 | 4,312 | 345,928 | 474,455 | 245,991 | 271,339 | 131,200 | 891,145 | 98,254 | 108,644 | 188,620 | 67,400 | 103,035 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 372 | - | - | - | |
47/48 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 131,635 | - | - | |
492/3 |
2,055 | 1,055 | 250 | - | - | - | - | - | - | - | - | - | - | 678 | 1,588 | - | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | 5,660 | - | - | - | - | - | |
9900 |
-766 | 6,224 | 7,848 | 2,472 | -91,845 | 575,927 | 660,108 | 220,008 | 259,221 | 261,499 | 2.0m | 260,942 | 229,830 | 184,045 | 154,458 | 208,589 | |
630 |
7,792 | 7,792 | 7,792 | 8,588 | 10,635 | 10,635 | 10,219 | 11,699 | 24,864 | 22,667 | 88,668 | 1,462 | 2,061 | 2,133 | 1,891 | 2,625 | |
640/8 |
2,839 | 1,938 | 2,175 | 2,979 | 1,240 | 959 | 5,343 | 840 | 888 | 869 | 3,747 | 1,858 | 1,598 | 287 | 250 | 238 | |
9901 |
-11,398 | -3,506 | -2,119 | -9,094 | -103,721 | 564,332 | 644,546 | 207,469 | 233,470 | 237,963 | 1.9m | 257,621 | 226,172 | 181,625 | 152,317 | 205,726 | |
75/76B |
50,936 | 39,660 | 23,128 | 20,539 | 79,764 | 101,147 | 38,831 | 19,919 | 28,719 | - | 198,576 | 11,578 | 3,690 | 10,312 | 8,134 | 2,095 | |
75 |
50,936 | 39,660 | 23,128 | 20,539 | 79,764 | 101,147 | 38,831 | 19,919 | 28,719 | 20,547 | 198,576 | 11,578 | 3,690 | 10,312 | 8,134 | 2,095 | |
65/66B |
452 | 148 | 283 | 284 | 8,092 | 4,491 | 11,953 | 7,261 | -31,652 | - | 103,433 | 288 | 206 | 132 | 132 | 474 | |
65 |
452 | 148 | 283 | 284 | 8,092 | 4,491 | 11,953 | 7,261 | -31,652 | -11,227 | 103,433 | 288 | 206 | 132 | 132 | 474 | |
9903 |
39,086 | 36,006 | 20,725 | 11,160 | -32,048 | 660,989 | 671,424 | 220,127 | 293,841 | 269,737 | 2.1m | 268,911 | 229,656 | 191,806 | 160,319 | 207,347 | |
67/77 |
24,694 | 5,623 | 1,455 | -1,901 | -32,091 | 255,349 | 246,251 | 108,532 | 145,054 | 91,431 | 848,797 | 94,781 | 78,650 | 62,630 | 53,011 | 72,121 | |
9904 |
14,393 | 30,384 | 19,270 | 13,061 | 43 | 405,639 | 425,173 | 111,595 | 148,787 | 178,306 | 1.2m | 174,130 | 151,006 | 129,176 | 107,308 | 135,226 | |
9905 |
14,393 | 30,384 | 19,270 | 13,061 | 43 | 405,639 | 425,173 | 111,595 | 148,787 | 178,306 | 1.2m | 174,130 | 151,006 | 129,176 | 107,308 | 135,226 | |
| Appropriation of the result | |||||||||||||||||
9906 |
46,767 | 62,757 | 32,374 | 13,104 | 43 | 810,631 | 830,165 | 516,587 | 553,779 | 583,298 | 1.7m | 464,992 | 290,862 | 369,855 | 240,680 | 135,226 | |
14P |
32,374 | 32,374 | 13,104 | 43 | - | - | - | - | - | 404,992 | - | - | - | - | - | - | |
691/2 |
14,393 | 30,384 | - | - | - | 405,639 | 425,173 | 111,595 | 148,787 | 178,306 | 1.2m | - | - | - | - | 1,855 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,855 | |
6921 |
14,393 | 30,384 | - | - | - | 405,639 | 425,173 | 111,595 | 148,787 | 178,306 | 1.2m | - | - | - | - | - | |
694/7 |
- | - | - | - | - | 404,992 | - | - | - | - | 60,000 | - | - | 230,000 | - | - | |
694 |
- | - | - | - | - | 404,992 | - | - | - | - | 60,000 | - | - | 230,000 | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00097651 | |
| 30-09-2024 | abbreviated format | 26-05-2025 | 2025-00107845 | |
| 30-09-2023 | abbreviated format | 03-10-2024 | 2024-00497749 | |
| 30-09-2022 | abbreviated format | 03-10-2024 | 2024-00497785 | |
| 30-09-2021 | micro format | 29-09-2022 | 2022-20440529 | |
| 30-09-2020 | micro format | 23-06-2021 | 2021-23300268 | |
| 30-09-2019 | micro format | 11-05-2020 | 2020-11800145 | |
| 30-09-2018 | micro format | 29-10-2019 | 2019-71900540 | |
| 30-09-2017 | micro format | 29-10-2019 | 2019-71900539 | |
| 30-09-2016 | abbreviated format | 26-06-2017 | 2017-23200095 | |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-08100063 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-49800254 | |
| 31-12-2012 | abbreviated format | 01-10-2013 | 2013-60500159 | |
| 31-12-2011 | abbreviated format | 30-07-2012 | 2012-34900089 | |
| 31-12-2010 | abbreviated format | 30-01-2012 | 2012-01800018 | |
| 31-12-2009 | abbreviated format | 20-10-2010 | 2010-58200578 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3,606 | 4,286 | 5,672 | -506 | -93,085 | 574,968 | 654,765 | 219,168 | 258,334 | 260,630 | 2.0m | 259,083 | 228,233 | 183,758 | 154,208 | 208,351 | ||
| 22,185 | 38,175 | 27,061 | 21,649 | 10,678 | 416,275 | 435,392 | 123,294 | 173,651 | 200,973 | 1.3m | 175,593 | 153,067 | 131,309 | 109,199 | 137,851 | ||
| 0 | 0 | 0 | 0 | 0 | 1,248 | 106,813 | 207,174 | 60,960 | 27,206 | 573,621 | 0 | 0 | 799 | 1,293 | 9,883 | ||
| -599,291 | -117,912 | -116,472 | -163,995 | -173,072 | 52,127 | 1.0m | -25,579 | 121,194 | -411,930 | - | 123,907 | -347,869 | 284,570 | -29,603 | - | ||
| 1.9m | 1.8m | 1.8m | 1.8m | 1.8m | 1.9m | 1.9m | 1.6m | 1.7m | 1.7m | 1.5m | 470,444 | 294,852 | 142,462 | 242,863 | 133,369 | ||
| 99.1% | 99.4% | 99.6% | 99.8% | 99.7% | 81.2% | 75.8% | 77.9% | 74.7% | 75.0% | 53.7% | 82.6% | 72.9% | 31.5% | 78.3% | 57.8% | ||
| 86.16 | - | - | - | - | 5.80 | 4.36 | 6.33 | 6.39 | 8.88 | 2.58 | 5.73 | 3.65 | 1.44 | 4.60 | 2.29 | ||
| 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.23 | 0.32 | 0.28 | 0.34 | 0.33 | 0.86 | 0.21 | 0.37 | 2.18 | 0.28 | 0.73 | ||
| 0.6% | 1.2% | 0.8% | 0.5% | 0.0% | 16.4% | 17.2% | 5.4% | 7.7% | 9.9% | 74.4% | 36.8% | 50.5% | 87.3% | 43.1% | 95.6% | ||
| 0.6% | 1.2% | 0.8% | 0.5% | 0.0% | 13.3% | 13.0% | 4.2% | 5.7% | 7.5% | 40.0% | 30.4% | 36.8% | 27.5% | 33.8% | 55.2% | ||
| -7.98 | 29.04 | 20.01 | -1.78 | -11.50 | - | - | - | - | -23.21 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on COMMLINK
The operating result for 2025 is a loss of €11,398, larger than the loss of €3,506 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 0.6% to 0.9%. Equity and debt are higher.