COMAGRO: 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.
COMAGRO
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+1441.6%), from €124,935 to €1.9m
of which Leasing and similar rights: +€1.2m
- Receivables within one year +€675,110
up €675,110 (+643.7%), from €104,875 to €779,985
of which Trade receivables: +€703,999
- Debts after one year +€844,730
new in 2024: €844,730
- Other debts +€768,492
up €768,492 (+538.9%), from €142,600 to €911,092
- Trade debts +€630,337
up €630,337 (+1537.7%), from €40,992 to €671,328
- Current portion of long-term debt +€231,592
new in 2024: €231,592
- Gross operating margin +€55,236
up €55,236 (+44.1%), from €125,304 to €180,540
- Depreciation +€41,287
up €41,287 (+51.0%), from €80,897 to €122,183
- Staff costs +€30,356
new in 2024: €30,356
- Taxes -€9,638
no longer reported in 2024 (was €9,638)
- Financial charges +€9,546
up €9,546 (+1032.1%), from €925 to €10,471
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €303,406 | €2,791,289 | +€2.5m | +820.0% |
| Fixed assets | 21/28 | €124,935 | €1,925,977 | +€1.8m | +1441.6% |
| Tangible fixed assets | 22/27 | €124,935 | €1,925,977 | +€1.8m | +1441.6% |
| Plant, machinery and equipment | 23 | €124,935 | €752,445 | +€627,510 | +502.3% |
| Leasing and similar rights | 25 | - | €1,173,532 | +€1.2m | |
| Current assets | 29/58 | €178,472 | €865,312 | +€686,840 | +384.8% |
| Stocks and contracts in progress | 3 | €599 | €176 | -€423 | -70.6% |
| Stocks | 30/36 | €599 | €176 | -€423 | -70.6% |
| Amounts receivable within one year | 40/41 | €104,875 | €779,985 | +€675,110 | +643.7% |
| Trade receivables | 40 | €74,662 | €778,661 | +€703,999 | +942.9% |
| Other amounts receivable | 41 | €30,213 | €1,324 | -€28,889 | -95.6% |
| Cash at bank and in hand | 54/58 | €66,336 | €81,358 | +€15,022 | +22.6% |
| Deferred charges and accrued income | 490/1 | €6,661 | €3,793 | -€2,868 | -43.1% |
| Total equity and liabilities | 10/49 | €303,406 | €2,791,289 | +€2.5m | +820.0% |
| Equity | 10/15 | €110,177 | €126,126 | +€15,948 | +14.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Share premium | 1100/10 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Distributable reserves | 133 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Profit (loss) carried forward | 14 | €9,717 | €5,666 | -€4,052 | -41.7% |
| Amounts payable | 17/49 | €193,229 | €2,665,163 | +€2.5m | +1279.3% |
| Amounts payable after more than one year | 17 | - | €844,730 | +€844,730 | |
| Financial debts | 170/4 | - | €844,730 | +€844,730 | |
| Amounts payable within one year | 42/48 | €193,229 | €1,820,434 | +€1.6m | +842.1% |
| Current portion of amounts payable after more than one year | 42 | - | €231,592 | +€231,592 | |
| Trade debts | 44 | €40,992 | €671,328 | +€630,337 | +1537.7% |
| Suppliers | 440/4 | €40,992 | €671,328 | +€630,337 | +1537.7% |
| Taxes, remuneration and social security | 45 | €9,638 | €6,421 | -€3,216 | -33.4% |
| Taxes | 450/3 | €9,638 | €1,112 | -€8,525 | -88.5% |
| Remuneration and social security | 454/9 | - | €5,309 | +€5,309 | |
| Other amounts payable | 47/48 | €142,600 | €911,092 | +€768,492 | +538.9% |
| Remuneration, social security and pensions | 62 | - | €30,356 | +€30,356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,897 | €122,183 | +€41,287 | +51.0% |
| Other operating charges | 640/8 | €384 | €1,581 | +€1,197 | +311.4% |
| Gross operating margin | 9900 | €125,304 | €180,540 | +€55,236 | +44.1% |
| Operating profit (loss) | 9901 | €44,023 | €26,420 | -€17,604 | -40.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €925 | €10,471 | +€9,546 | +1032.1% |
| Recurring financial charges | 65 | €925 | €10,471 | +€9,546 | +1032.1% |
| Profit (loss) for the period before taxes | 9903 | €43,098 | €15,948 | -€27,150 | -63.0% |
| Income taxes | 67/77 | €9,638 | - | -€9,638 | |
| Profit (loss) for the period | 9904 | €33,461 | €15,948 | -€17,512 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,461 | €15,948 | -€17,512 | -52.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.