COMAR BENELUX: what changed
What changed
COMAR BENELUX
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€29,718
2024 · -€54,653+€84,372
Equity
€283,036
2024 · €253,318+€29,718
Cash
€53,213
2024 · €4,806+€48,408
Balance sheet total
€740,130
2024 · €785,352-€45,222
Largest movements
Assets
- Receivables within one year -€48,640
down €48,640 (-15.7%), from €309,103 to €260,464
of which Other amounts receivable: -€44,872
- Cash +€48,408
up €48,408 (+1,007%), from €4,806 to €53,213
mainly Depreciation (+€57,064) and Receivables within one year (+€48,640)
- Tangible fixed assets -€45,326
down €45,326 (-17.1%), from €264,654 to €219,328
Equity and liabilities
- Trade debts -€49,984
down €49,984 (-29.3%), from €170,350 to €120,366
- Current portion of long-term debt -€49,768
down €49,768 (-63.3%), from €78,653 to €28,886
- Profit (loss) carried forward +€29,718
up €29,718 (+117%), from €25,478 to €55,196
- Debts after one year +€27,114
up €27,114 (+33.9%), from €80,070 to €107,185
Income statement
- Gross operating margin +€42,197
up €42,197 (+17.2%), from €244,643 to €286,840
- Staff costs -€21,955
down €21,955 (-11.7%), from €187,604 to €165,650
- Depreciation -€15,030
down €15,030 (-20.8%), from €72,094 to €57,064
- Financial charges -€10,698
down €10,698 (-34.1%), from €31,348 to €20,650
- Taxes +€6,342
up €6,342 (+580%), from €1,094 to €7,436
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€54,653
Gross operating margin
+€42,197
Staff costs
+€21,955
Depreciation
+€15,030
Other operating charges
+€913
Financial income
-€80
Financial charges
+€10,698
Taxes
-€6,342
Result 2025
€29,718
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€77,722
Investment
-€6,661
Financing
-€22,653
Cash 2024
€4,806
From operations (derived)
+€77,722
Net result for the year
+€29,718
Depreciation
+€57,064
Receivables within one year
+€48,640
Deferred charges and accrued income
-€5,413
Trade debts
-€49,984
Tax, wage and social debts
-€6,830
Other debts
+€3,738
Accrued charges and deferred income
+€790
Investment (derived)
-€6,661
Investment in fixed assets (net)
-€6,661
Financing
-€22,653
Debts after one year
+€27,114
Current portion of long-term debt
-€49,768
Cash 2025
€53,213
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €785,352 | €740,130 | -€45,222 | -5.8% |
| Fixed assets | 21/28 | €281,939 | €231,535 | -€50,403 | -17.9% |
| Intangible fixed assets | 21 | €12,038 | €6,961 | -€5,077 | -42.2% |
| Tangible fixed assets | 22/27 | €264,654 | €219,328 | -€45,326 | -17.1% |
| Land and buildings | 22 | €176,665 | €159,880 | -€16,785 | -9.5% |
| Plant, machinery and equipment | 23 | €34,924 | €27,088 | -€7,836 | -22.4% |
| Furniture and vehicles | 24 | €53,065 | €32,360 | -€20,706 | -39.0% |
| Financial fixed assets | 28 | €5,246 | €5,246 | = | 0.0% |
| Current assets | 29/58 | €503,413 | €508,595 | +€5,181 | +1.0% |
| Stocks and contracts in progress | 3 | €187,343 | €187,343 | = | 0.0% |
| Stocks | 30/36 | €187,343 | €187,343 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €309,103 | €260,464 | -€48,640 | -15.7% |
| Trade receivables | 40 | €222,881 | €219,114 | -€3,767 | -1.7% |
| Other amounts receivable | 41 | €86,222 | €41,350 | -€44,872 | -52.0% |
| Cash at bank and in hand | 54/58 | €4,806 | €53,213 | +€48,408 | +1,007% |
| Deferred charges and accrued income | 490/1 | €2,161 | €7,575 | +€5,413 | +250% |
| Total equity and liabilities | 10/49 | €785,352 | €740,130 | -€45,222 | -5.8% |
| Equity | 10/15 | €253,318 | €283,036 | +€29,718 | +11.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €165,840 | €165,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €594 | €594 | = | 0.0% |
| Distributable reserves | 133 | €159,046 | €159,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,478 | €55,196 | +€29,718 | +117% |
| Amounts payable | 17/49 | €532,034 | €457,094 | -€74,940 | -14.1% |
| Amounts payable after more than one year | 17 | €80,070 | €107,185 | +€27,114 | +33.9% |
| Financial debts | 170/4 | €80,070 | €107,185 | +€27,114 | +33.9% |
| Amounts payable within one year | 42/48 | €450,607 | €347,762 | -€102,844 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €78,653 | €28,886 | -€49,768 | -63.3% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €170,350 | €120,366 | -€49,984 | -29.3% |
| Suppliers | 440/4 | €170,350 | €120,366 | -€49,984 | -29.3% |
| Taxes, remuneration and social security | 45 | €57,412 | €50,582 | -€6,830 | -11.9% |
| Taxes | 450/3 | €15,056 | €7,304 | -€7,752 | -51.5% |
| Remuneration and social security | 454/9 | €42,356 | €43,277 | +€922 | +2.2% |
| Other amounts payable | 47/48 | €44,191 | €47,929 | +€3,738 | +8.5% |
| Accrued charges and deferred income | 492/3 | €1,357 | €2,147 | +€790 | +58.2% |
| Remuneration, social security and pensions | 62 | €187,604 | €165,650 | -€21,955 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,094 | €57,064 | -€15,030 | -20.8% |
| Other operating charges | 640/8 | €7,309 | €6,396 | -€913 | -12.5% |
| Gross operating margin | 9900 | €244,643 | €286,840 | +€42,197 | +17.2% |
| Operating profit (loss) | 9901 | -€22,365 | €57,730 | +€80,096 | |
| Financial income | 75/76B | €154 | €74 | -€80 | -52.0% |
| Recurring financial income | 75 | €154 | €74 | -€80 | -52.0% |
| Financial charges | 65/66B | €31,348 | €20,650 | -€10,698 | -34.1% |
| Recurring financial charges | 65 | €31,348 | €20,650 | -€10,698 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€53,560 | €37,154 | +€90,714 | |
| Income taxes | 67/77 | €1,094 | €7,436 | +€6,342 | +580% |
| Profit (loss) for the period | 9904 | -€54,653 | €29,718 | +€84,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,653 | €29,718 | +€84,372 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.