COMADVICE: 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.
COMADVICE
Largest movements
- Receivables within one year +€38,191
up €38,191 (+34.4%), from €111,053 to €149,244
of which Trade receivables: +€38,898
- Tangible fixed assets -€7,463
down €7,463 (-10.8%), from €69,396 to €61,932
of which Land and buildings: -€4,310
- Advances received +€20,000
up €20,000 (+80.0%), from €25,000 to €45,000
- Tax, wage and social debts +€19,284
up €19,284 (+73.5%), from €26,225 to €45,509
- Debts after one year -€7,775
down €7,775 (-22.3%), from €34,880 to €27,104
- Other debts +€2,821
up €2,821 (+14.3%), from €19,720 to €22,541
- Gross operating margin +€40,194
up €40,194 (+125.8%), from €31,941 to €72,135
- Taxes +€10,495
up €10,495 (+303.6%), from €3,457 to €13,952
- Write-downs -€2,347
no longer reported in 2025 (was €2,347)
- Other operating charges +€2,011
up €2,011 (+64.9%), from €3,097 to €5,108
- Financial charges -€1,520
down €1,520 (-34.6%), from €4,394 to €2,874
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 | €221,271 | €250,988 | +€29,717 | +13.4% |
| Fixed assets | 21/28 | €75,796 | €68,332 | -€7,463 | -9.8% |
| Tangible fixed assets | 22/27 | €69,396 | €61,932 | -€7,463 | -10.8% |
| Land and buildings | 22 | €44,920 | €40,610 | -€4,310 | -9.6% |
| Plant, machinery and equipment | 23 | €4,990 | €7,323 | +€2,333 | +46.7% |
| Furniture and vehicles | 24 | €9,614 | €5,777 | -€3,837 | -39.9% |
| Other tangible fixed assets | 26 | €9,871 | €8,222 | -€1,649 | -16.7% |
| Financial fixed assets | 28 | €6,400 | €6,400 | = | 0.0% |
| Current assets | 29/58 | €145,475 | €182,656 | +€37,180 | +25.6% |
| Amounts receivable within one year | 40/41 | €111,053 | €149,244 | +€38,191 | +34.4% |
| Trade receivables | 40 | €110,346 | €149,244 | +€38,898 | +35.3% |
| Other amounts receivable | 41 | €707 | - | -€707 | |
| Cash at bank and in hand | 54/58 | €31,730 | €32,861 | +€1,131 | +3.6% |
| Deferred charges and accrued income | 490/1 | €2,692 | €550 | -€2,142 | -79.6% |
| Total equity and liabilities | 10/49 | €221,271 | €250,988 | +€29,717 | +13.4% |
| Equity | 10/15 | €61,294 | €60,629 | -€665 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,860 | €36,860 | -€1,000 | -2.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,000 | €35,000 | -€1,000 | -2.8% |
| Profit (loss) carried forward | 14 | €17,234 | €17,569 | +€335 | +1.9% |
| Amounts payable | 17/49 | €159,977 | €190,359 | +€30,382 | +19.0% |
| Amounts payable after more than one year | 17 | €34,880 | €27,104 | -€7,775 | -22.3% |
| Financial debts | 170/4 | €34,880 | €27,104 | -€7,775 | -22.3% |
| Amounts payable within one year | 42/48 | €125,097 | €163,255 | +€38,157 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €10,085 | €7,775 | -€2,309 | -22.9% |
| Trade debts | 44 | €44,067 | €42,429 | -€1,638 | -3.7% |
| Suppliers | 440/4 | €44,067 | €42,429 | -€1,638 | -3.7% |
| Advances received on contracts in progress | 46 | €25,000 | €45,000 | +€20,000 | +80.0% |
| Taxes, remuneration and social security | 45 | €26,225 | €45,509 | +€19,284 | +73.5% |
| Taxes | 450/3 | €26,225 | €45,509 | +€19,284 | +73.5% |
| Other amounts payable | 47/48 | €19,720 | €22,541 | +€2,821 | +14.3% |
| Non-recurring operating income | 76A | - | €11,882 | +€11,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,665 | €14,867 | +€201 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,347 | - | -€2,347 | |
| Other operating charges | 640/8 | €3,097 | €5,108 | +€2,011 | +64.9% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €31,941 | €72,135 | +€40,194 | +125.8% |
| Operating profit (loss) | 9901 | €11,532 | €52,161 | +€40,629 | +352.3% |
| Financial charges | 65/66B | €4,394 | €2,874 | -€1,520 | -34.6% |
| Recurring financial charges | 65 | €4,394 | €2,874 | -€1,520 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €7,138 | €49,287 | +€42,149 | +590.5% |
| Income taxes | 67/77 | €3,457 | €13,952 | +€10,495 | +303.6% |
| Profit (loss) for the period | 9904 | €3,681 | €35,335 | +€31,654 | +860.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,681 | €35,335 | +€31,654 | +860.0% |
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 5 October 2026 via checked.be.