COM8: 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.
COM8
Largest movements
- Receivables within one year -€61,821
down €61,821 (-25.1%), from €246,481 to €184,661
of which Trade receivables: -€67,160
- Stocks and contracts -€16,367
down €16,367 (-8.9%), from €184,446 to €168,080
- Tangible fixed assets -€11,907
down €11,907 (-23.5%), from €50,614 to €38,707
of which Furniture and vehicles: -€8,619
- Trade debts -€51,496
down €51,496 (-22.3%), from €230,563 to €179,067
- Debts after one year -€13,832
down €13,832 (-41.7%), from €33,199 to €19,367
- Profit (loss) carried forward -€11,670
down €11,670 (-26.1%), from -€44,697 to -€56,367
- Tax, wage and social debts -€6,561
down €6,561 (-19.7%), from €33,250 to €26,689
of which Taxes: -€8,133
- Short-term financial debts -€6,000
down €6,000 (-4.3%), from €141,000 to €135,000
- Staff costs +€12,068
up €12,068 (+13.6%), from €88,443 to €100,511
- Financial income +€2,445
up €2,445 (+88.6%), from €2,760 to €5,205
- Financial charges -€1,973
down €1,973 (-10.9%), from €18,017 to €16,044
- Depreciation +€1,298
up €1,298 (+10.5%), from €12,372 to €13,669
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 | €498,229 | €408,369 | -€89,860 | -18.0% |
| Fixed assets | 21/28 | €56,146 | €44,239 | -€11,907 | -21.2% |
| Tangible fixed assets | 22/27 | €50,614 | €38,707 | -€11,907 | -23.5% |
| Furniture and vehicles | 24 | €43,723 | €35,103 | -€8,619 | -19.7% |
| Other tangible fixed assets | 26 | €6,891 | €3,603 | -€3,288 | -47.7% |
| Financial fixed assets | 28 | €5,533 | €5,533 | = | 0.0% |
| Current assets | 29/58 | €442,082 | €364,129 | -€77,953 | -17.6% |
| Stocks and contracts in progress | 3 | €184,446 | €168,080 | -€16,367 | -8.9% |
| Stocks | 30/36 | €184,446 | €168,080 | -€16,367 | -8.9% |
| Amounts receivable within one year | 40/41 | €246,481 | €184,661 | -€61,821 | -25.1% |
| Trade receivables | 40 | €200,936 | €133,777 | -€67,160 | -33.4% |
| Other amounts receivable | 41 | €45,545 | €50,884 | +€5,339 | +11.7% |
| Cash at bank and in hand | 54/58 | €5,266 | €8,132 | +€2,866 | +54.4% |
| Deferred charges and accrued income | 490/1 | €5,889 | €3,257 | -€2,632 | -44.7% |
| Total equity and liabilities | 10/49 | €498,229 | €408,369 | -€89,860 | -18.0% |
| Equity | 10/15 | €43,303 | €31,633 | -€11,670 | -27.0% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,697 | -€56,367 | -€11,670 | -26.1% |
| Amounts payable | 17/49 | €454,925 | €376,736 | -€78,189 | -17.2% |
| Amounts payable after more than one year | 17 | €33,199 | €19,367 | -€13,832 | -41.7% |
| Financial debts | 170/4 | €33,199 | €19,367 | -€13,832 | -41.7% |
| Amounts payable within one year | 42/48 | €418,077 | €354,588 | -€63,489 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €13,264 | €13,832 | +€568 | +4.3% |
| Financial debts | 43 | €141,000 | €135,000 | -€6,000 | -4.3% |
| Credit institutions | 430/8 | €141,000 | €135,000 | -€6,000 | -4.3% |
| Trade debts | 44 | €230,563 | €179,067 | -€51,496 | -22.3% |
| Suppliers | 440/4 | €230,563 | €179,067 | -€51,496 | -22.3% |
| Taxes, remuneration and social security | 45 | €33,250 | €26,689 | -€6,561 | -19.7% |
| Taxes | 450/3 | €20,704 | €12,572 | -€8,133 | -39.3% |
| Remuneration and social security | 454/9 | €12,546 | €14,117 | +€1,572 | +12.5% |
| Accrued charges and deferred income | 492/3 | €3,649 | €2,781 | -€869 | -23.8% |
| Non-recurring operating income | 76A | €8,312 | €0 | -€8,312 | -100% |
| Remuneration, social security and pensions | 62 | €88,443 | €100,511 | +€12,068 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,372 | €13,669 | +€1,298 | +10.5% |
| Other operating charges | 640/8 | €1,888 | €1,218 | -€670 | -35.5% |
| Gross operating margin | 9900 | €120,693 | €120,504 | -€189 | -0.2% |
| Operating profit (loss) | 9901 | €17,990 | €5,105 | -€12,885 | -71.6% |
| Financial income | 75/76B | €2,760 | €5,205 | +€2,445 | +88.6% |
| Recurring financial income | 75 | €2,760 | €5,205 | +€2,445 | +88.6% |
| Financial charges | 65/66B | €18,017 | €16,044 | -€1,973 | -10.9% |
| Recurring financial charges | 65 | €18,017 | €16,044 | -€1,973 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €2,733 | -€5,734 | -€8,467 | |
| Income taxes | 67/77 | €5,689 | €5,936 | +€247 | +4.3% |
| Profit (loss) for the period | 9904 | -€2,956 | -€11,670 | -€8,714 | -295% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,956 | -€11,670 | -€8,714 | -295% |
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 15 October 2026 via checked.be.