COMAGLO: 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.
COMAGLO
Largest movements
- Stocks and contracts -€194,565
down €194,565 (-95.2%), from €204,375 to €9,810
- Cash +€57,611
up €57,611 (+662.8%), from €8,693 to €66,304
- Short-term financial debts -€136,663
no longer reported in 2024 (was €136,663)
- Debts after one year -€92,606
down €92,606 (-45.4%), from €203,836 to €111,230
- Profit (loss) carried forward +€82,037
up €82,037 (+55.5%), from -€147,688 to -€65,651
- Other debts -€15,719
down €15,719 (-34.6%), from €45,414 to €29,694
- Tax, wage and social debts +€10,908
up €10,908 (+149.2%), from €7,311 to €18,220
- Turnover +€5,322
up €5,322 (+6.5%), from €81,959 to €87,281
- Purchases and services +€3,873
up €3,873 (+11.8%), from €32,755 to €36,628
- Financial charges -€2,049
down €2,049 (-56.9%), from €3,602 to €1,553
- Depreciation -€1,834
down €1,834 (-9.6%), from €19,031 to €17,196
- Taxes +€1,577
up €1,577 (+45.5%), from €3,468 to €5,044
From the 2021 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €788,079 | €636,945 | -€151,134 | -19.2% |
| Fixed assets | 21/28 | €558,338 | €552,019 | -€6,318 | -1.1% |
| Tangible fixed assets | 22/27 | €554,412 | €551,861 | -€2,552 | -0.5% |
| Land and buildings | 22 | €552,835 | €551,029 | -€1,806 | -0.3% |
| Plant, machinery and equipment | 23 | €1,377 | €831 | -€546 | -39.6% |
| Furniture and vehicles | 24 | €200 | - | -€200 | |
| Financial fixed assets | 28 | €3,925 | €159 | -€3,766 | -96.0% |
| Current assets | 29/58 | €229,741 | €84,926 | -€144,816 | -63.0% |
| Stocks and contracts in progress | 3 | €204,375 | €9,810 | -€194,565 | -95.2% |
| Stocks | 30/36 | €204,375 | €9,810 | -€194,565 | -95.2% |
| Amounts receivable within one year | 40/41 | €7,302 | €2,306 | -€4,997 | -68.4% |
| Other amounts receivable | 41 | €7,302 | €2,306 | -€4,997 | -68.4% |
| Cash at bank and in hand | 54/58 | €8,693 | €66,304 | +€57,611 | +662.8% |
| Deferred charges and accrued income | 490/1 | €9,372 | €6,506 | -€2,865 | -30.6% |
| Total equity and liabilities | 10/49 | €788,079 | €636,945 | -€151,134 | -19.2% |
| Equity | 10/15 | €359,121 | €441,157 | +€82,037 | +22.8% |
| Contributions | 10/11 | €305,809 | €305,809 | = | 0.0% |
| Capital | 10 | €305,809 | €305,809 | = | 0.0% |
| Issued capital | 100 | €305,809 | €305,809 | = | 0.0% |
| Revaluation surpluses | 12 | €201,000 | €201,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,688 | -€65,651 | +€82,037 | +55.5% |
| Amounts payable | 17/49 | €428,958 | €195,788 | -€233,170 | -54.4% |
| Amounts payable after more than one year | 17 | €203,836 | €111,230 | -€92,606 | -45.4% |
| Financial debts | 170/4 | €203,836 | €111,230 | -€92,606 | -45.4% |
| Amounts payable within one year | 42/48 | €223,048 | €82,559 | -€140,489 | -63.0% |
| Current portion of amounts payable after more than one year | 42 | €13,369 | €13,369 | = | 0.0% |
| Financial debts | 43 | €136,663 | - | -€136,663 | |
| Credit institutions | 430/8 | €136,663 | - | -€136,663 | |
| Trade debts | 44 | €20,291 | €21,276 | +€985 | +4.9% |
| Suppliers | 440/4 | €20,291 | €21,276 | +€985 | +4.9% |
| Taxes, remuneration and social security | 45 | €7,311 | €18,220 | +€10,908 | +149.2% |
| Taxes | 450/3 | €7,311 | €18,220 | +€10,908 | +149.2% |
| Other amounts payable | 47/48 | €45,414 | €29,694 | -€15,719 | -34.6% |
| Accrued charges and deferred income | 492/3 | €2,075 | €2,000 | -€75 | -3.6% |
| Turnover | 70 | €81,959 | €87,281 | +€5,322 | +6.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,755 | €36,628 | +€3,873 | +11.8% |
| Remuneration, social security and pensions | 62 | €1,041 | €516 | -€525 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,031 | €17,196 | -€1,834 | -9.6% |
| Other operating charges | 640/8 | €11,375 | €12,877 | +€1,502 | +13.2% |
| Gross operating margin | 9900 | €49,204 | €50,653 | +€1,449 | +2.9% |
| Operating profit (loss) | 9901 | €17,757 | €20,064 | +€2,306 | +13.0% |
| Financial income | 75/76B | €3 | €1 | -€2 | -71.6% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -71.6% |
| Financial charges | 65/66B | €3,602 | €1,553 | -€2,049 | -56.9% |
| Recurring financial charges | 65 | €3,602 | €1,553 | -€2,049 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €14,159 | €18,512 | +€4,353 | +30.7% |
| Income taxes | 67/77 | €3,468 | €5,044 | +€1,577 | +45.5% |
| Profit (loss) for the period | 9904 | €10,691 | €13,467 | +€2,777 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,691 | €13,467 | +€2,777 | +26.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.