COMANT: 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.
COMANT
Largest movements
- Tangible fixed assets +€409,461
up €409,461 (+10.7%), from €3.8m to €4.3m
of which Land and buildings: +€424,421
- Receivables within one year -€219,498
down €219,498 (-99.5%), from €220,552 to €1,054
of which Other amounts receivable: -€187,400
- Current investments -€75,368
down €75,368 (-97.8%), from €77,043 to €1,675
- Debts after one year +€105,092
up €105,092 (+4.4%), from €2.4m to €2.5m
- Other debts +€95,863
up €95,863 (+21.9%), from €437,205 to €533,068
- Profit (loss) carried forward -€95,811
down €95,811 (-32.4%), from -€295,534 to -€391,345
- Depreciation -€177,005
down €177,005 (-74.7%), from €237,109 to €60,104
- Financial income -€126,319
down €126,319 (-60.9%), from €207,451 to €81,132
- Financial charges -€90,719
down €90,719 (-32.0%), from €283,745 to €193,026
of which Financial charges: -€166,088
- Gross operating margin -€19,897
down €19,897 (-14.5%), from €137,557 to €117,659
- Write-downs +€5,940
new in 2025: €5,940
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 | €4,186,895 | €4,280,205 | +€93,310 | +2.2% |
| Fixed assets | 21/28 | €3,843,152 | €4,252,613 | +€409,461 | +10.7% |
| Tangible fixed assets | 22/27 | €3,843,152 | €4,252,613 | +€409,461 | +10.7% |
| Land and buildings | 22 | €3,782,861 | €4,207,283 | +€424,421 | +11.2% |
| Furniture and vehicles | 24 | €60,291 | €45,331 | -€14,960 | -24.8% |
| Current assets | 29/58 | €343,743 | €27,592 | -€316,151 | -92.0% |
| Amounts receivable within one year | 40/41 | €220,552 | €1,054 | -€219,498 | -99.5% |
| Trade receivables | 40 | €32,098 | €0 | -€32,098 | -100.0% |
| Other amounts receivable | 41 | €188,454 | €1,054 | -€187,400 | -99.4% |
| Current investments | 50/53 | €77,043 | €1,675 | -€75,368 | -97.8% |
| Cash at bank and in hand | 54/58 | €39,407 | €13,123 | -€26,285 | -66.7% |
| Deferred charges and accrued income | 490/1 | €6,740 | €11,740 | +€5,000 | +74.2% |
| Total equity and liabilities | 10/49 | €4,186,895 | €4,280,205 | +€93,310 | +2.2% |
| Equity | 10/15 | €1,161,063 | €1,065,252 | -€95,811 | -8.3% |
| Contributions | 10/11 | €33,165 | €33,165 | = | 0.0% |
| Reserves | 13 | €1,423,432 | €1,423,432 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Other | 1319 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €1,422,812 | €1,422,812 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,534 | -€391,345 | -€95,811 | -32.4% |
| Amounts payable | 17/49 | €3,025,833 | €3,214,954 | +€189,121 | +6.3% |
| Amounts payable after more than one year | 17 | €2,415,363 | €2,520,455 | +€105,092 | +4.4% |
| Financial debts | 170/4 | €2,415,363 | €2,520,455 | +€105,092 | +4.4% |
| Amounts payable within one year | 42/48 | €608,500 | €692,029 | +€83,529 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €127,771 | €140,064 | +€12,293 | +9.6% |
| Trade debts | 44 | €42,718 | €18,896 | -€23,822 | -55.8% |
| Suppliers | 440/4 | €42,718 | €18,896 | -€23,822 | -55.8% |
| Taxes, remuneration and social security | 45 | €806 | €0 | -€806 | -100.0% |
| Taxes | 450/3 | €806 | €0 | -€806 | -100.0% |
| Other amounts payable | 47/48 | €437,205 | €533,068 | +€95,863 | +21.9% |
| Accrued charges and deferred income | 492/3 | €1,970 | €2,470 | +€500 | +25.4% |
| Non-recurring operating income | 76A | €32,341 | €4,101 | -€28,240 | -87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,109 | €60,104 | -€177,005 | -74.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,940 | +€5,940 | |
| Other operating charges | 640/8 | €18,952 | €20,600 | +€1,648 | +8.7% |
| Non-recurring operating charges | 66A | €15,016 | €14,786 | -€230 | -1.5% |
| Gross operating margin | 9900 | €137,557 | €117,659 | -€19,897 | -14.5% |
| Operating profit (loss) | 9901 | -€133,521 | €16,229 | +€149,749 | |
| Financial income | 75/76B | €207,451 | €81,132 | -€126,319 | -60.9% |
| Recurring financial income | 75 | €207,451 | €81,132 | -€126,319 | -60.9% |
| Financial charges | 65/66B | €283,745 | €193,026 | -€90,719 | -32.0% |
| Recurring financial charges | 65 | €283,745 | €117,657 | -€166,088 | -58.5% |
| Non-recurring financial charges | 66B | - | €75,368 | +€75,368 | |
| Profit (loss) for the period before taxes | 9903 | -€209,815 | -€95,665 | +€114,150 | +54.4% |
| Income taxes | 67/77 | €364 | €146 | -€218 | -59.9% |
| Profit (loss) for the period | 9904 | -€210,179 | -€95,811 | +€114,368 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€210,179 | -€95,811 | +€114,368 | +54.4% |
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.