COMADOS: 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.
COMADOS
Largest movements
- Tangible fixed assets +€293,997
up €293,997 (+127.1%), from €231,274 to €525,271
of which Land and buildings: +€301,458
- Cash +€14,775
up €14,775 (+1114.9%), from €1,325 to €16,100
mainly Debts after one year (+€310,857) and Depreciation (+€21,100)
- Receivables within one year +€7,454
up €7,454 (+52.7%), from €14,152 to €21,606
of which Other amounts receivable: +€14,488
- Debts after one year +€310,857
up €310,857 (+933.6%), from €33,296 to €344,153
- Current portion of long-term debt +€18,272
up €18,272 (+141.4%), from €12,922 to €31,194
- Trade debts -€17,756
down €17,756 (-94.2%), from €18,847 to €1,091
- Other debts +€11,291
up €11,291 (+491.8%), from €2,296 to €13,586
- Depreciation +€6,447
up €6,447 (+44.0%), from €14,653 to €21,100
- Gross operating margin -€2,105
down €2,105 (-8.0%), from €26,297 to €24,192
- Financial charges +€2,013
up €2,013 (+173.2%), from €1,162 to €3,175
- Taxes -€1,969
down €1,969 (-100.0%), from €1,969 to €0
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 | €246,751 | €565,189 | +€318,438 | +129.1% |
| Fixed assets | 21/28 | €231,274 | €525,271 | +€293,997 | +127.1% |
| Tangible fixed assets | 22/27 | €231,274 | €525,271 | +€293,997 | +127.1% |
| Land and buildings | 22 | €193,239 | €494,697 | +€301,458 | +156.0% |
| Plant, machinery and equipment | 23 | €14,851 | €13,191 | -€1,660 | -11.2% |
| Furniture and vehicles | 24 | €23,184 | €17,384 | -€5,800 | -25.0% |
| Current assets | 29/58 | €15,477 | €39,918 | +€24,440 | +157.9% |
| Amounts receivable within one year | 40/41 | €14,152 | €21,606 | +€7,454 | +52.7% |
| Trade receivables | 40 | €9,152 | €2,118 | -€7,035 | -76.9% |
| Other amounts receivable | 41 | €5,000 | €19,488 | +€14,488 | +289.8% |
| Cash at bank and in hand | 54/58 | €1,325 | €16,100 | +€14,775 | +1114.9% |
| Deferred charges and accrued income | 490/1 | €0 | €2,212 | +€2,212 | |
| Total equity and liabilities | 10/49 | €246,751 | €565,189 | +€318,438 | +129.1% |
| Equity | 10/15 | €178,658 | €175,165 | -€3,493 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,942 | €127,942 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,583 | €4,583 | = | 0.0% |
| Distributable reserves | 133 | €123,360 | €123,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,116 | €28,622 | -€3,493 | -10.9% |
| Amounts payable | 17/49 | €68,093 | €390,024 | +€321,931 | +472.8% |
| Amounts payable after more than one year | 17 | €33,296 | €344,153 | +€310,857 | +933.6% |
| Financial debts | 170/4 | €33,296 | €344,153 | +€310,857 | +933.6% |
| Amounts payable within one year | 42/48 | €34,797 | €45,871 | +€11,074 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €12,922 | €31,194 | +€18,272 | +141.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,847 | €1,091 | -€17,756 | -94.2% |
| Suppliers | 440/4 | €18,847 | €1,091 | -€17,756 | -94.2% |
| Taxes, remuneration and social security | 45 | €732 | €0 | -€732 | -100.0% |
| Taxes | 450/3 | €732 | €0 | -€732 | -100.0% |
| Other amounts payable | 47/48 | €2,296 | €13,586 | +€11,291 | +491.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,653 | €21,100 | +€6,447 | +44.0% |
| Other operating charges | 640/8 | €3,570 | €3,509 | -€61 | -1.7% |
| Gross operating margin | 9900 | €26,297 | €24,192 | -€2,105 | -8.0% |
| Operating profit (loss) | 9901 | €8,075 | -€417 | -€8,492 | |
| Financial income | 75/76B | - | €99 | +€99 | |
| Recurring financial income | 75 | - | €99 | +€99 | |
| Financial charges | 65/66B | €1,162 | €3,175 | +€2,013 | +173.2% |
| Recurring financial charges | 65 | €1,162 | €3,175 | +€2,013 | +173.2% |
| Profit (loss) for the period before taxes | 9903 | €6,912 | -€3,493 | -€10,406 | |
| Income taxes | 67/77 | €1,969 | €0 | -€1,969 | -100.0% |
| Profit (loss) for the period | 9904 | €4,943 | -€3,493 | -€8,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,943 | -€3,493 | -€8,437 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.