COMANSO: 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.
COMANSO
Largest movements
- Intangible fixed assets -€60,953
down €60,953 (-44.4%), from €137,277 to €76,324
- Stocks and contracts -€34,991
down €34,991 (-11.3%), from €308,345 to €273,355
- Receivables within one year +€10,415
up €10,415 (+10.9%), from €95,568 to €105,984
of which Trade receivables: +€11,950
- Deferred charges and accrued income +€6,800
up €6,800 (+67.6%), from €10,062 to €16,862
- Tangible fixed assets -€6,488
down €6,488 (-66.0%), from €9,831 to €3,343
- Debts after one year +€218,231
up €218,231 (+35.3%), from €618,211 to €836,442
of which Financial debts: +€218,231
- Current portion of long-term debt -€119,314
down €119,314 (-53.7%), from €222,280 to €102,966
- Profit (loss) carried forward -€96,897
down €96,897 (-16.9%), from -€574,807 to -€671,703
- Trade debts -€57,316
down €57,316 (-47.4%), from €120,898 to €63,582
- Other debts -€45,370
down €45,370 (-47.2%), from €96,112 to €50,742
- Gross operating margin +€115,580
up €115,580 (+862.6%), from €13,399 to €128,979
- Depreciation -€14,685
down €14,685 (-17.0%), from €86,160 to €71,475
- Financial charges +€7,250
up €7,250 (+24.3%), from €29,797 to €37,047
- Other operating charges -€6,492
down €6,492 (-81.1%), from €8,006 to €1,515
- Staff costs +€5,878
up €5,878 (+5.4%), from €109,305 to €115,184
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 | €576,487 | €496,923 | -€79,564 | -13.8% |
| Fixed assets | 21/28 | €147,608 | €80,167 | -€67,441 | -45.7% |
| Intangible fixed assets | 21 | €137,277 | €76,324 | -€60,953 | -44.4% |
| Tangible fixed assets | 22/27 | €9,831 | €3,343 | -€6,488 | -66.0% |
| Furniture and vehicles | 24 | €9,831 | €3,343 | -€6,488 | -66.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €428,879 | €416,756 | -€12,123 | -2.8% |
| Stocks and contracts in progress | 3 | €308,345 | €273,355 | -€34,991 | -11.3% |
| Stocks | 30/36 | €308,345 | €273,355 | -€34,991 | -11.3% |
| Amounts receivable within one year | 40/41 | €95,568 | €105,984 | +€10,415 | +10.9% |
| Trade receivables | 40 | €93,989 | €105,939 | +€11,950 | +12.7% |
| Other amounts receivable | 41 | €1,579 | €44 | -€1,535 | -97.2% |
| Cash at bank and in hand | 54/58 | €14,903 | €20,555 | +€5,652 | +37.9% |
| Deferred charges and accrued income | 490/1 | €10,062 | €16,862 | +€6,800 | +67.6% |
| Total equity and liabilities | 10/49 | €576,487 | €496,923 | -€79,564 | -13.8% |
| Equity | 10/15 | -€513,307 | -€610,203 | -€96,897 | -18.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€574,807 | -€671,703 | -€96,897 | -16.9% |
| Amounts payable | 17/49 | €1,089,793 | €1,107,126 | +€17,333 | +1.6% |
| Amounts payable after more than one year | 17 | €618,211 | €836,442 | +€218,231 | +35.3% |
| Financial debts | 170/4 | €513,211 | €731,442 | +€218,231 | +42.5% |
| Other amounts payable | 178/9 | €105,000 | €105,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €458,317 | €262,101 | -€196,215 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €222,280 | €102,966 | -€119,314 | -53.7% |
| Trade debts | 44 | €120,898 | €63,582 | -€57,316 | -47.4% |
| Suppliers | 440/4 | €120,898 | €63,582 | -€57,316 | -47.4% |
| Taxes, remuneration and social security | 45 | €19,027 | €44,812 | +€25,785 | +135.5% |
| Taxes | 450/3 | €6,175 | €26,770 | +€20,595 | +333.5% |
| Remuneration and social security | 454/9 | €12,852 | €18,041 | +€5,189 | +40.4% |
| Other amounts payable | 47/48 | €96,112 | €50,742 | -€45,370 | -47.2% |
| Accrued charges and deferred income | 492/3 | €13,265 | €8,583 | -€4,683 | -35.3% |
| Remuneration, social security and pensions | 62 | €109,305 | €115,184 | +€5,878 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,160 | €71,475 | -€14,685 | -17.0% |
| Other operating charges | 640/8 | €8,006 | €1,515 | -€6,492 | -81.1% |
| Gross operating margin | 9900 | €13,399 | €128,979 | +€115,580 | +862.6% |
| Operating profit (loss) | 9901 | -€190,072 | -€59,194 | +€130,878 | +68.9% |
| Financial charges | 65/66B | €29,797 | €37,047 | +€7,250 | +24.3% |
| Recurring financial charges | 65 | €29,797 | €37,047 | +€7,250 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€219,869 | -€96,241 | +€123,628 | +56.2% |
| Income taxes | 67/77 | €316 | €656 | +€340 | +107.5% |
| Profit (loss) for the period | 9904 | -€220,185 | -€96,897 | +€123,288 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€220,185 | -€96,897 | +€123,288 | +56.0% |
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.