COMADES: 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.
What changed
COMADES
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€13,678
2024 · €39,200-€25,522
Equity
€522,033
2024 · €563,355-€41,322
Cash
€184,138
2024 · €199,405-€15,267
Balance sheet total
€596,205
2024 · €646,798-€50,593
Largest movements
Assets
- Tangible fixed assets -€43,090
down €43,090 (-10.3%), from €416,655 to €373,565
of which Furniture and vehicles: -€31,448
- Cash -€15,267
down €15,267 (-7.7%), from €199,405 to €184,138
mainly Contributions, distributions and other (-€55,000) and Stocks and contracts (-€11,549)
- Stocks and contracts +€11,549
up €11,549 (+83.7%), from €13,800 to €25,349
Equity and liabilities
- Reserves -€41,322
down €41,322 (-8.9%), from €463,355 to €422,033
of which Distributable reserves: -€37,989
- Current portion of long-term debt -€7,185
down €7,185 (-100%), from €7,185 to €0
Income statement
- Gross operating margin -€31,150
down €31,150 (-15.4%), from €202,324 to €171,175
- Taxes -€9,712
down €9,712 (-39.4%), from €24,621 to €14,910
- Staff costs +€4,531
up €4,531 (+5.9%), from €77,218 to €81,749
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.
Result 2024
€39,200
Gross operating margin
-€31,150
Staff costs
-€4,531
Depreciation
-€182
Other operating charges
-€592
Financial income
+€4
Financial charges
+€1,218
Taxes
+€9,712
Result 2025
€13,678
raises the resultlowers the result
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.
From operations
+€49,899
Investment
-€2,981
Financing
-€62,185
Cash 2024
€199,405
From operations (derived)
+€49,899
Net result for the year
+€13,678
Depreciation
+€46,071
Stocks and contracts
-€11,549
Receivables within one year
-€951
Deferred charges and accrued income
+€4,736
Provisions
-€854
Trade debts
-€73
Tax, wage and social debts
+€4,365
Other debts
-€4,985
Accrued charges and deferred income
-€539
Investment (derived)
-€2,981
Investment in fixed assets (net)
-€2,981
Financing
-€62,185
Current portion of long-term debt
-€7,185
Contributions, distributions and other
-€55,000
Cash 2025
€184,138
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €646,798 | €596,205 | -€50,593 | -7.8% |
| Fixed assets | 21/28 | €416,655 | €373,565 | -€43,090 | -10.3% |
| Tangible fixed assets | 22/27 | €416,655 | €373,565 | -€43,090 | -10.3% |
| Land and buildings | 22 | €303,197 | €294,539 | -€8,658 | -2.9% |
| Plant, machinery and equipment | 23 | €3,268 | €2,360 | -€908 | -27.8% |
| Furniture and vehicles | 24 | €92,339 | €60,891 | -€31,448 | -34.1% |
| Other tangible fixed assets | 26 | €17,851 | €15,774 | -€2,076 | -11.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €230,143 | €222,641 | -€7,503 | -3.3% |
| Stocks and contracts in progress | 3 | €13,800 | €25,349 | +€11,549 | +83.7% |
| Stocks | 30/36 | €13,800 | €25,349 | +€11,549 | +83.7% |
| Amounts receivable within one year | 40/41 | €0 | €951 | +€951 | |
| Trade receivables | 40 | - | €951 | +€951 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €199,405 | €184,138 | -€15,267 | -7.7% |
| Deferred charges and accrued income | 490/1 | €16,937 | €12,201 | -€4,736 | -28.0% |
| Total equity and liabilities | 10/49 | €646,798 | €596,205 | -€50,593 | -7.8% |
| Equity | 10/15 | €563,355 | €522,033 | -€41,322 | -7.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €463,355 | €422,033 | -€41,322 | -8.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,535 | €45,202 | -€3,333 | -6.9% |
| Distributable reserves | 133 | €404,819 | €366,831 | -€37,989 | -9.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,200 | €346 | -€854 | -71.2% |
| Deferred taxes | 168 | €1,200 | €346 | -€854 | -71.2% |
| Amounts payable | 17/49 | €82,243 | €73,826 | -€8,416 | -10.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €80,239 | €72,361 | -€7,877 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €7,185 | €0 | -€7,185 | -100% |
| Trade debts | 44 | €1,888 | €1,815 | -€73 | -3.9% |
| Suppliers | 440/4 | €1,888 | €1,815 | -€73 | -3.9% |
| Taxes, remuneration and social security | 45 | €55,281 | €59,646 | +€4,365 | +7.9% |
| Taxes | 450/3 | €30,639 | €33,520 | +€2,881 | +9.4% |
| Remuneration and social security | 454/9 | €24,642 | €26,127 | +€1,484 | +6.0% |
| Other amounts payable | 47/48 | €15,885 | €10,900 | -€4,985 | -31.4% |
| Accrued charges and deferred income | 492/3 | €2,004 | €1,465 | -€539 | -26.9% |
| Remuneration, social security and pensions | 62 | €77,218 | €81,749 | +€4,531 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,889 | €46,071 | +€182 | +0.4% |
| Other operating charges | 640/8 | €10,555 | €11,147 | +€592 | +5.6% |
| Gross operating margin | 9900 | €202,324 | €171,175 | -€31,150 | -15.4% |
| Operating profit (loss) | 9901 | €68,662 | €32,207 | -€36,455 | -53.1% |
| Financial income | 75/76B | €346 | €350 | +€4 | +1.1% |
| Recurring financial income | 75 | €346 | €350 | +€4 | +1.1% |
| Financial charges | 65/66B | €6,041 | €4,823 | -€1,218 | -20.2% |
| Recurring financial charges | 65 | €6,041 | €4,823 | -€1,218 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €62,967 | €27,733 | -€35,233 | -56.0% |
| Transfer from deferred taxes | 780 | €854 | €854 | = | 0.0% |
| Income taxes | 67/77 | €24,621 | €14,910 | -€9,712 | -39.4% |
| Profit (loss) for the period | 9904 | €39,200 | €13,678 | -€25,522 | -65.1% |
| Transfer from tax-exempt reserves | 789 | €3,333 | €3,333 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,533 | €17,011 | -€25,522 | -60.0% |
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 18 October 2026 via checked.be.