COM. FACTORY BELGIUM: 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. FACTORY BELGIUM
Largest movements
- Receivables within one year -€12,754
down €12,754 (-6.3%), from €201,318 to €188,564
of which Other amounts receivable: -€41,793
- Cash +€7,275
up €7,275 (+790%), from €921 to €8,196
mainly Trade debts (+€21,304) and Other debts (+€15,413)
- Tangible fixed assets -€6,367
down €6,367 (-3.0%), from €211,385 to €205,018
- Profit (loss) carried forward -€30,928
down €30,928 (-40.5%), from €76,350 to €45,422
- Trade debts +€21,304
up €21,304 (+8.8%), from €242,388 to €263,692
- Other debts +€15,413
up €15,413 (+21.6%), from €71,264 to €86,677
- Tax, wage and social debts -€7,663
down €7,663 (-95.7%), from €8,008 to €345
- Debts after one year -€7,450
down €7,450 (-19.5%), from €38,200 to €30,750
- Gross operating margin -€36,929
down €36,929 (-84.3%), from €43,802 to €6,873
- Taxes +€23,372
up €23,372 (+292%), from €8,008 to €31,380
- Financial charges -€8,942
down €8,942 (-90.1%), from €9,926 to €984
of which Non-recurring financial charges: -€9,234
- Other operating charges +€1,682
new in 2024: €1,682
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,506 | €539,662 | -€11,844 | -2.1% |
| Fixed assets | 21/28 | €349,268 | €342,902 | -€6,366 | -1.8% |
| Tangible fixed assets | 22/27 | €211,385 | €205,018 | -€6,367 | -3.0% |
| Land and buildings | 22 | €211,385 | €205,018 | -€6,367 | -3.0% |
| Financial fixed assets | 28 | €137,884 | €137,884 | +€0 | 0.0% |
| Current assets | 29/58 | €202,238 | €196,760 | -€5,478 | -2.7% |
| Amounts receivable within one year | 40/41 | €201,318 | €188,564 | -€12,754 | -6.3% |
| Trade receivables | 40 | €29,679 | €58,719 | +€29,040 | +97.8% |
| Other amounts receivable | 41 | €171,638 | €129,845 | -€41,793 | -24.3% |
| Cash at bank and in hand | 54/58 | €921 | €8,196 | +€7,275 | +790% |
| Total equity and liabilities | 10/49 | €551,506 | €539,662 | -€11,844 | -2.1% |
| Equity | 10/15 | €148,175 | €115,157 | -€33,018 | -22.3% |
| Contributions | 10/11 | €24,529 | €24,529 | -€0 | 0.0% |
| Reserves | 13 | €47,296 | €45,206 | -€2,090 | -4.4% |
| Tax-exempt reserves | 132 | €47,296 | €45,206 | -€2,090 | -4.4% |
| Profit (loss) carried forward | 14 | €76,350 | €45,422 | -€30,928 | -40.5% |
| Provisions and deferred taxes | 16 | €36,113 | €35,591 | -€522 | -1.4% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Taxes | 161 | €20,000 | €20,000 | = | 0.0% |
| Deferred taxes | 168 | €16,113 | €15,591 | -€522 | -3.2% |
| Amounts payable | 17/49 | €367,218 | €388,914 | +€21,697 | +5.9% |
| Amounts payable after more than one year | 17 | €38,200 | €30,750 | -€7,450 | -19.5% |
| Financial debts | 170/4 | €38,200 | €30,750 | -€7,450 | -19.5% |
| Amounts payable within one year | 42/48 | €329,017 | €358,164 | +€29,147 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €7,358 | €7,450 | +€92 | +1.3% |
| Trade debts | 44 | €242,388 | €263,692 | +€21,304 | +8.8% |
| Suppliers | 440/4 | €242,388 | €263,692 | +€21,304 | +8.8% |
| Taxes, remuneration and social security | 45 | €8,008 | €345 | -€7,663 | -95.7% |
| Taxes | 450/3 | €8,008 | €345 | -€7,663 | -95.7% |
| Other amounts payable | 47/48 | €71,264 | €86,677 | +€15,413 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,367 | €6,367 | +€1 | 0.0% |
| Other operating charges | 640/8 | - | €1,682 | +€1,682 | |
| Gross operating margin | 9900 | €43,802 | €6,873 | -€36,929 | -84.3% |
| Operating profit (loss) | 9901 | €37,436 | -€1,176 | -€38,612 | |
| Financial income | 75/76B | €96 | - | -€96 | |
| Recurring financial income | 75 | €96 | - | -€96 | |
| Non-recurring financial income | 76B | €96 | - | -€96 | |
| Financial charges | 65/66B | €9,926 | €984 | -€8,942 | -90.1% |
| Recurring financial charges | 65 | €692 | €984 | +€292 | +42.1% |
| Non-recurring financial charges | 66B | €9,234 | - | -€9,234 | |
| Profit (loss) for the period before taxes | 9903 | €27,606 | -€2,160 | -€29,766 | |
| Transfer from deferred taxes | 780 | - | €522 | +€522 | |
| Income taxes | 67/77 | €8,008 | €31,380 | +€23,372 | +292% |
| Profit (loss) for the period | 9904 | €19,598 | -€33,018 | -€52,616 | |
| Transfer from tax-exempt reserves | 789 | €2,612 | €2,090 | -€522 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,210 | -€30,928 | -€53,138 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.