Co-Mand: 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.
Co-Mand
Largest movements
- Receivables within one year +€12,584
up €12,584, from €0 to €12,584
of which Trade receivables: +€12,584
- Tangible fixed assets -€3,880
down €3,880 (-14.3%), from €27,149 to €23,269
of which Other tangible fixed assets: -€2,776
- Cash -€3,321
down €3,321 (-6.1%), from €54,527 to €51,206
mainly Receivables within one year (-€12,584) and Investment in fixed assets (net) (-€632)
- Reserves +€2,517
up €2,517 (+3.5%), from €71,872 to €74,389
- Tax, wage and social debts +€2,186
up €2,186 (+35.9%), from €6,092 to €8,277
- Gross operating margin -€19,006
down €19,006 (-67.7%), from €28,085 to €9,080
- Taxes -€4,181
down €4,181 (-75.3%), from €5,556 to €1,375
- Depreciation +€1,062
up €1,062 (+30.8%), from €3,450 to €4,512
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 | €83,064 | €87,694 | +€4,630 | +5.6% |
| Fixed assets | 21/28 | €27,149 | €23,269 | -€3,880 | -14.3% |
| Tangible fixed assets | 22/27 | €27,149 | €23,269 | -€3,880 | -14.3% |
| Plant, machinery and equipment | 23 | €3,670 | €2,566 | -€1,104 | -30.1% |
| Other tangible fixed assets | 26 | €23,479 | €20,703 | -€2,776 | -11.8% |
| Current assets | 29/58 | €55,915 | €64,425 | +€8,510 | +15.2% |
| Amounts receivable within one year | 40/41 | €0 | €12,584 | +€12,584 | |
| Trade receivables | 40 | - | €12,584 | +€12,584 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €54,527 | €51,206 | -€3,321 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,388 | €634 | -€753 | -54.3% |
| Total equity and liabilities | 10/49 | €83,064 | €87,694 | +€4,630 | +5.6% |
| Equity | 10/15 | €76,872 | €79,389 | +€2,517 | +3.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,872 | €74,389 | +€2,517 | +3.5% |
| Distributable reserves | 133 | €71,872 | €74,389 | +€2,517 | +3.5% |
| Amounts payable | 17/49 | €6,192 | €8,304 | +€2,113 | +34.1% |
| Amounts payable within one year | 42/48 | €6,192 | €8,304 | +€2,113 | +34.1% |
| Trade debts | 44 | €100 | €27 | -€73 | -72.8% |
| Suppliers | 440/4 | €100 | €27 | -€73 | -72.8% |
| Taxes, remuneration and social security | 45 | €6,092 | €8,277 | +€2,186 | +35.9% |
| Taxes | 450/3 | €6,092 | €8,277 | +€2,186 | +35.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,450 | €4,512 | +€1,062 | +30.8% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €28,085 | €9,080 | -€19,006 | -67.7% |
| Operating profit (loss) | 9901 | €24,251 | €4,180 | -€20,071 | -82.8% |
| Financial charges | 65/66B | €124 | €288 | +€164 | +132.7% |
| Recurring financial charges | 65 | €124 | €288 | +€164 | +132.7% |
| Profit (loss) for the period before taxes | 9903 | €24,127 | €3,892 | -€20,235 | -83.9% |
| Income taxes | 67/77 | €5,556 | €1,375 | -€4,181 | -75.3% |
| Profit (loss) for the period | 9904 | €18,571 | €2,517 | -€16,054 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,571 | €2,517 | -€16,054 | -86.4% |
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 30 September 2026 via checked.be.