COMA: 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.
COMA
Largest movements
- Tangible fixed assets -€33,188
down €33,188 (-52.3%), from €63,406 to €30,218
- Cash +€6,484
up €6,484 (+32.5%), from €19,923 to €26,407
mainly Net result for the year (+€88,468) and Depreciation (+€33,188)
- Receivables within one year -€2,249
down €2,249 (-39.9%), from €5,642 to €3,392
of which Other amounts receivable: -€3,000
- Other debts -€117,619
down €117,619 (-92.2%), from €127,619 to €10,000
- Profit (loss) carried forward +€88,468
up €88,468 (+81.0%), from -€109,153 to -€20,685
- Other operating charges -€55,050
down €55,050 (-99.6%), from €55,270 to €220
- Write-downs +€53,043
no longer reported in 2025 (was -€53,043)
- Taxes +€22,842
up €22,842 (+326.3%), from €7,000 to €29,842
- Gross operating margin -€8,808
down €8,808 (-5.5%), from €160,831 to €152,023
- Purchases and services +€5,610
up €5,610 (+2.7%), from €204,192 to €209,803
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 | €88,971 | €60,018 | -€28,953 | -32.5% |
| Fixed assets | 21/28 | €63,406 | €30,218 | -€33,188 | -52.3% |
| Tangible fixed assets | 22/27 | €63,406 | €30,218 | -€33,188 | -52.3% |
| Other tangible fixed assets | 26 | €63,406 | €30,218 | -€33,188 | -52.3% |
| Current assets | 29/58 | €25,565 | €29,800 | +€4,235 | +16.6% |
| Amounts receivable within one year | 40/41 | €5,642 | €3,392 | -€2,249 | -39.9% |
| Trade receivables | 40 | €2,642 | €3,392 | +€751 | +28.4% |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €19,923 | €26,407 | +€6,484 | +32.5% |
| Total equity and liabilities | 10/49 | €88,971 | €60,018 | -€28,953 | -32.5% |
| Equity | 10/15 | -€42,774 | €45,694 | +€88,468 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €4,879 | €4,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,437 | €4,437 | = | 0.0% |
| Legal reserve | 130 | €4,437 | €4,437 | = | 0.0% |
| Distributable reserves | 133 | €442 | €442 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,153 | -€20,685 | +€88,468 | +81.0% |
| Amounts payable | 17/49 | €131,745 | €14,324 | -€117,421 | -89.1% |
| Amounts payable within one year | 42/48 | €131,745 | €14,324 | -€117,421 | -89.1% |
| Trade debts | 44 | €3,670 | €3,761 | +€90 | +2.5% |
| Suppliers | 440/4 | €3,670 | €3,761 | +€90 | +2.5% |
| Taxes, remuneration and social security | 45 | €455 | €563 | +€108 | +23.7% |
| Taxes | 450/3 | €455 | €563 | +€108 | +23.7% |
| Other amounts payable | 47/48 | €127,619 | €10,000 | -€117,619 | -92.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €204,192 | €209,803 | +€5,610 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,188 | €33,188 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€53,043 | - | +€53,043 | |
| Other operating charges | 640/8 | €55,270 | €220 | -€55,050 | -99.6% |
| Gross operating margin | 9900 | €160,831 | €152,023 | -€8,808 | -5.5% |
| Operating profit (loss) | 9901 | €125,417 | €118,615 | -€6,801 | -5.4% |
| Financial charges | 65/66B | €275 | €305 | +€30 | +10.9% |
| Recurring financial charges | 65 | €275 | €305 | +€30 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €125,142 | €118,310 | -€6,831 | -5.5% |
| Income taxes | 67/77 | €7,000 | €29,842 | +€22,842 | +326.3% |
| Profit (loss) for the period | 9904 | €118,142 | €88,468 | -€29,674 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,142 | €88,468 | -€29,674 | -25.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.