COM & VA: 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.
COM & VA
Largest movements
- Tangible fixed assets +€24,032
up €24,032 (+54.7%), from €43,904 to €67,936
of which Furniture and vehicles: +€24,788
- Cash +€16,035
up €16,035 (+424.4%), from €3,778 to €19,814
mainly Other debts (+€15,104) and Trade debts (+€11,293)
- Receivables within one year -€5,203
down €5,203 (-59.3%), from €8,773 to €3,570
of which Trade receivables: -€6,006
- Other debts +€15,104
up €15,104 (+30.3%), from €49,815 to €64,918
- Trade debts +€11,293
up €11,293 (+129.5%), from €8,719 to €20,013
- Profit (loss) carried forward +€6,020
up €6,020 (+47.0%), from -€12,805 to -€6,785
- Tax, wage and social debts +€3,990
up €3,990 (+133.8%), from €2,983 to €6,973
- Current portion of long-term debt -€1,233
no longer reported in 2025 (was €1,233)
- Gross operating margin +€5,682
up €5,682 (+22.7%), from €25,069 to €30,751
- Other operating charges +€5,182
up €5,182 (+79.3%), from €6,531 to €11,713
- Depreciation -€3,765
down €3,765 (-31.0%), from €12,151 to €8,386
- Financial charges +€795
up €795 (+87.7%), from €907 to €1,702
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 | €56,555 | €91,729 | +€35,174 | +62.2% |
| Fixed assets | 21/28 | €43,904 | €67,936 | +€24,032 | +54.7% |
| Tangible fixed assets | 22/27 | €43,904 | €67,936 | +€24,032 | +54.7% |
| Land and buildings | 22 | €29,011 | €29,011 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,442 | €2,687 | -€755 | -21.9% |
| Furniture and vehicles | 24 | €11,450 | €36,237 | +€24,788 | +216.5% |
| Current assets | 29/58 | €12,652 | €23,793 | +€11,142 | +88.1% |
| Amounts receivable within one year | 40/41 | €8,773 | €3,570 | -€5,203 | -59.3% |
| Trade receivables | 40 | €8,773 | €2,767 | -€6,006 | -68.5% |
| Other amounts receivable | 41 | - | €804 | +€804 | |
| Cash at bank and in hand | 54/58 | €3,778 | €19,814 | +€16,035 | +424.4% |
| Deferred charges and accrued income | 490/1 | €100 | €409 | +€309 | +307.7% |
| Total equity and liabilities | 10/49 | €56,555 | €91,729 | +€35,174 | +62.2% |
| Equity | 10/15 | -€6,195 | -€175 | +€6,020 | +97.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €410 | €410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €410 | €410 | = | 0.0% |
| Reserves not available under the articles | 1311 | €410 | €410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,805 | -€6,785 | +€6,020 | +47.0% |
| Amounts payable | 17/49 | €62,750 | €91,904 | +€29,154 | +46.5% |
| Amounts payable within one year | 42/48 | €62,750 | €91,904 | +€29,154 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €1,233 | - | -€1,233 | |
| Trade debts | 44 | €8,719 | €20,013 | +€11,293 | +129.5% |
| Suppliers | 440/4 | €8,719 | €20,013 | +€11,293 | +129.5% |
| Taxes, remuneration and social security | 45 | €2,983 | €6,973 | +€3,990 | +133.8% |
| Taxes | 450/3 | €2,983 | €6,973 | +€3,990 | +133.8% |
| Other amounts payable | 47/48 | €49,815 | €64,918 | +€15,104 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,151 | €8,386 | -€3,765 | -31.0% |
| Other operating charges | 640/8 | €6,531 | €11,713 | +€5,182 | +79.3% |
| Gross operating margin | 9900 | €25,069 | €30,751 | +€5,682 | +22.7% |
| Operating profit (loss) | 9901 | €6,388 | €10,652 | +€4,265 | +66.8% |
| Financial charges | 65/66B | €907 | €1,702 | +€795 | +87.7% |
| Recurring financial charges | 65 | €907 | €1,702 | +€795 | +87.7% |
| Profit (loss) for the period before taxes | 9903 | €5,481 | €8,950 | +€3,469 | +63.3% |
| Income taxes | 67/77 | €2,667 | €2,930 | +€263 | +9.9% |
| Profit (loss) for the period | 9904 | €2,813 | €6,020 | +€3,206 | +114.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,813 | €6,020 | +€3,206 | +114.0% |
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 5 October 2026 via checked.be.