COM & CO: 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.
COM & CO
Largest movements
- Receivables within one year +€484,004
up €484,004 (+40.5%), from €1.2m to €1.7m
of which Other amounts receivable: +€624,000
- Cash -€78,550
down €78,550 (-17.8%), from €441,765 to €363,216
mainly Contributions, distributions and other (-€924,000) and Receivables within one year (-€484,004)
- Tangible fixed assets -€32,721
down €32,721 (-21.6%), from €151,561 to €118,839
of which Furniture and vehicles: -€16,765
- Other debts +€924,000
up €924,000 (+60154.3%), from €1,536 to €925,536
- Reserves -€640,520
down €640,520 (-47.7%), from €1.3m to €702,505
of which Distributable reserves: -€640,520
- Accrued charges and deferred income +€69,350
up €69,350 (+86.6%), from €80,089 to €149,439
- Trade debts +€34,246
up €34,246 (+35.3%), from €97,111 to €131,357
- Tax, wage and social debts -€23,990
down €23,990 (-7.6%), from €315,325 to €291,335
of which Taxes: -€34,698
- Gross operating margin -€376,009
down €376,009 (-14.1%), from €2.7m to €2.3m
- Taxes -€105,687
down €105,687 (-48.3%), from €218,728 to €113,041
- Staff costs +€43,730
up €43,730 (+2.4%), from €1.8m to €1.8m
- Financial income +€27,238
up €27,238 (+970.8%), from €2,806 to €30,044
of which Financial income: +€21,453
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 | €1,858,121 | €2,221,208 | +€363,087 | +19.5% |
| Fixed assets | 21/28 | €183,805 | €146,739 | -€37,066 | -20.2% |
| Intangible fixed assets | 21 | €13,263 | €8,918 | -€4,345 | -32.8% |
| Tangible fixed assets | 22/27 | €151,561 | €118,839 | -€32,721 | -21.6% |
| Land and buildings | 22 | €56,383 | €49,227 | -€7,156 | -12.7% |
| Plant, machinery and equipment | 23 | €20,186 | €11,386 | -€8,800 | -43.6% |
| Furniture and vehicles | 24 | €74,992 | €58,227 | -€16,765 | -22.4% |
| Financial fixed assets | 28 | €18,981 | €18,981 | = | 0.0% |
| Current assets | 29/58 | €1,674,316 | €2,074,469 | +€400,153 | +23.9% |
| Amounts receivable within one year | 40/41 | €1,195,636 | €1,679,641 | +€484,004 | +40.5% |
| Trade receivables | 40 | €1,195,636 | €1,055,641 | -€139,996 | -11.7% |
| Other amounts receivable | 41 | €0 | €624,000 | +€624,000 | |
| Cash at bank and in hand | 54/58 | €441,765 | €363,216 | -€78,550 | -17.8% |
| Deferred charges and accrued income | 490/1 | €36,914 | €31,613 | -€5,302 | -14.4% |
| Total equity and liabilities | 10/49 | €1,858,121 | €2,221,208 | +€363,087 | +19.5% |
| Equity | 10/15 | €1,364,061 | €723,541 | -€640,520 | -47.0% |
| Contributions | 10/11 | €21,036 | €21,036 | = | 0.0% |
| Reserves | 13 | €1,343,024 | €702,505 | -€640,520 | -47.7% |
| Tax-exempt reserves | 132 | €3,154 | €3,154 | = | 0.0% |
| Distributable reserves | 133 | €1,339,871 | €699,351 | -€640,520 | -47.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €494,061 | €1,497,667 | +€1.0m | +203.1% |
| Amounts payable within one year | 42/48 | €413,972 | €1,348,228 | +€934,256 | +225.7% |
| Trade debts | 44 | €97,111 | €131,357 | +€34,246 | +35.3% |
| Suppliers | 440/4 | €97,111 | €131,357 | +€34,246 | +35.3% |
| Taxes, remuneration and social security | 45 | €315,325 | €291,335 | -€23,990 | -7.6% |
| Taxes | 450/3 | €138,207 | €103,510 | -€34,698 | -25.1% |
| Remuneration and social security | 454/9 | €177,117 | €187,825 | +€10,708 | +6.0% |
| Other amounts payable | 47/48 | €1,536 | €925,536 | +€924,000 | +60154.3% |
| Accrued charges and deferred income | 492/3 | €80,089 | €149,439 | +€69,350 | +86.6% |
| Non-recurring operating income | 76A | €673 | €0 | -€673 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,803,744 | €1,847,474 | +€43,730 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,905 | €49,486 | +€5,581 | +12.7% |
| Other operating charges | 640/8 | €15,600 | €15,545 | -€55 | -0.4% |
| Non-recurring operating charges | 66A | €450 | €2,162 | +€1,712 | +380.4% |
| Gross operating margin | 9900 | €2,658,438 | €2,282,429 | -€376,009 | -14.1% |
| Operating profit (loss) | 9901 | €794,739 | €367,763 | -€426,976 | -53.7% |
| Financial income | 75/76B | €2,806 | €30,044 | +€27,238 | +970.8% |
| Recurring financial income | 75 | €2,806 | €24,259 | +€21,453 | +764.6% |
| Non-recurring financial income | 76B | €0 | €5,785 | +€5,785 | |
| Financial charges | 65/66B | €603 | €1,285 | +€682 | +113.0% |
| Recurring financial charges | 65 | €603 | €1,285 | +€682 | +113.0% |
| Profit (loss) for the period before taxes | 9903 | €796,941 | €396,522 | -€400,420 | -50.2% |
| Income taxes | 67/77 | €218,728 | €113,041 | -€105,687 | -48.3% |
| Profit (loss) for the period | 9904 | €578,213 | €283,481 | -€294,733 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €578,213 | €283,481 | -€294,733 | -51.0% |
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 9 October 2026 via checked.be.