COMAGA: 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.
COMAGA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€8,500
up €8,500 (+106%), from €8,000 to €16,500
- Debts after one year -€6,002
down €6,002 (-7.2%), from €83,218 to €77,216
- Profit (loss) carried forward -€2,101
down €2,101 (-15.3%), from -€13,689 to -€15,790
- Taxes -€655
no longer reported in 2025 (was €655)
- Gross operating margin +€481
up €481 (+50.3%), from -€956 to -€475
- Financial income -€229
no longer reported in 2025 (was €229)
- Purchases and services +€88
new in 2025: €88
- Financial charges -€33
down €33 (-2.0%), from €1,659 to €1,626
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 | €101,975 | €102,478 | +€503 | +0.5% |
| Current assets | 29/58 | €101,975 | €102,478 | +€503 | +0.5% |
| Cash at bank and in hand | 54/58 | €101,975 | €102,478 | +€503 | +0.5% |
| Total equity and liabilities | 10/49 | €101,975 | €102,478 | +€503 | +0.5% |
| Equity | 10/15 | €4,861 | €2,760 | -€2,101 | -43.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,689 | -€15,790 | -€2,101 | -15.3% |
| Amounts payable | 17/49 | €97,114 | €99,718 | +€2,604 | +2.7% |
| Amounts payable after more than one year | 17 | €83,218 | €77,216 | -€6,002 | -7.2% |
| Financial debts | 170/4 | €83,218 | €77,216 | -€6,002 | -7.2% |
| Amounts payable within one year | 42/48 | €13,896 | €22,502 | +€8,606 | +61.9% |
| Current portion of amounts payable after more than one year | 42 | €5,896 | €6,002 | +€106 | +1.8% |
| Other amounts payable | 47/48 | €8,000 | €16,500 | +€8,500 | +106% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €88 | +€88 | |
| Gross operating margin | 9900 | -€956 | -€475 | +€481 | +50.3% |
| Operating profit (loss) | 9901 | -€956 | -€475 | +€481 | +50.3% |
| Financial income | 75/76B | €229 | - | -€229 | |
| Recurring financial income | 75 | €229 | - | -€229 | |
| Financial charges | 65/66B | €1,659 | €1,626 | -€33 | -2.0% |
| Recurring financial charges | 65 | €1,659 | €1,626 | -€33 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,386 | -€2,101 | +€285 | +11.9% |
| Income taxes | 67/77 | €655 | - | -€655 | |
| Profit (loss) for the period | 9904 | -€3,041 | -€2,101 | +€940 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,041 | -€2,101 | +€940 | +30.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.