CO-MANA: 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.
CO-MANA
Largest movements
- Receivables within one year -€332,506
down €332,506 (-19.5%), from €1.7m to €1.4m
of which Trade receivables: -€266,720
- Cash +€86,451
up €86,451 (+56.8%), from €152,313 to €238,764
mainly Receivables within one year (+€332,506) and Net result for the year (+€121,456)
- Tangible fixed assets +€36,710
up €36,710 (+35.4%), from €103,818 to €140,528
of which Furniture and vehicles: +€39,348
- Trade debts -€275,301
down €275,301 (-56.2%), from €489,515 to €214,214
of which Suppliers: -€184,688
- Profit (loss) carried forward +€121,456
up €121,456 (+193%), from €63,069 to €184,525
- Gross operating margin +€399,251
up €399,251 (+79.1%), from €504,559 to €903,810
- Staff costs -€233,947
down €233,947 (-24.8%), from €944,782 to €710,835
- Other operating charges +€14,570
up €14,570 (+125%), from €11,613 to €26,183
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.
Derived cash bridge
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 | €2,137,280 | €1,945,829 | -€191,451 | -9.0% |
| Fixed assets | 21/28 | €247,770 | €282,265 | +€34,495 | +13.9% |
| Intangible fixed assets | 21 | €2,947 | €732 | -€2,215 | -75.2% |
| Tangible fixed assets | 22/27 | €103,818 | €140,528 | +€36,710 | +35.4% |
| Land and buildings | 22 | €54,783 | €53,005 | -€1,778 | -3.2% |
| Plant, machinery and equipment | 23 | €2,884 | €2,288 | -€596 | -20.7% |
| Furniture and vehicles | 24 | €45,887 | €85,235 | +€39,348 | +85.7% |
| Other tangible fixed assets | 26 | €264 | - | -€264 | |
| Financial fixed assets | 28 | €141,005 | €141,005 | = | 0.0% |
| Current assets | 29/58 | €1,889,510 | €1,663,564 | -€225,946 | -12.0% |
| Amounts receivable within one year | 40/41 | €1,703,652 | €1,371,146 | -€332,506 | -19.5% |
| Trade receivables | 40 | €1,579,801 | €1,313,081 | -€266,720 | -16.9% |
| Other amounts receivable | 41 | €123,851 | €58,065 | -€65,786 | -53.1% |
| Cash at bank and in hand | 54/58 | €152,313 | €238,764 | +€86,451 | +56.8% |
| Deferred charges and accrued income | 490/1 | €33,545 | €53,654 | +€20,109 | +59.9% |
| Total equity and liabilities | 10/49 | €2,137,280 | €1,945,829 | -€191,451 | -9.0% |
| Equity | 10/15 | €83,529 | €204,985 | +€121,456 | +145% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,069 | €184,525 | +€121,456 | +193% |
| Amounts payable | 17/49 | €2,053,751 | €1,740,844 | -€312,907 | -15.2% |
| Amounts payable after more than one year | 17 | €247,498 | €230,413 | -€17,085 | -6.9% |
| Financial debts | 170/4 | €247,498 | €230,413 | -€17,085 | -6.9% |
| Amounts payable within one year | 42/48 | €1,806,253 | €1,510,431 | -€295,822 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €59,937 | €61,520 | +€1,583 | +2.6% |
| Trade debts | 44 | €489,515 | €214,214 | -€275,301 | -56.2% |
| Suppliers | 440/4 | €398,902 | €214,214 | -€184,688 | -46.3% |
| Bills of exchange payable | 441 | €90,613 | - | -€90,613 | |
| Advances received on contracts in progress | 46 | €1,121,914 | €1,120,928 | -€986 | -0.1% |
| Taxes, remuneration and social security | 45 | €134,887 | €113,769 | -€21,118 | -15.7% |
| Taxes | 450/3 | €27,394 | €15,656 | -€11,738 | -42.8% |
| Remuneration and social security | 454/9 | €107,493 | €98,113 | -€9,380 | -8.7% |
| Remuneration, social security and pensions | 62 | €944,782 | €710,835 | -€233,947 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,060 | €26,868 | +€1,808 | +7.2% |
| Other operating charges | 640/8 | €11,613 | €26,183 | +€14,570 | +125% |
| Gross operating margin | 9900 | €504,559 | €903,810 | +€399,251 | +79.1% |
| Operating profit (loss) | 9901 | -€476,896 | €139,924 | +€616,820 | |
| Financial income | 75/76B | €3,731 | €265 | -€3,466 | -92.9% |
| Recurring financial income | 75 | €3,731 | €265 | -€3,466 | -92.9% |
| Financial charges | 65/66B | €22,270 | €19,112 | -€3,158 | -14.2% |
| Recurring financial charges | 65 | €22,270 | €19,112 | -€3,158 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€495,435 | €121,077 | +€616,512 | |
| Income taxes | 67/77 | -€7 | -€379 | -€372 | -5,314% |
| Profit (loss) for the period | 9904 | -€495,428 | €121,456 | +€616,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€495,428 | €121,456 | +€616,884 |
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 23 October 2026 via checked.be.