COMARKT: 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.
COMARKT
Largest movements
- Receivables within one year +€25.9m
new in 2025: €25.9m
of which Trade receivables: +€25.5m
- Intangible fixed assets +€22.4m
new in 2025: €22.4m
- Stocks and contracts +€9.2m
new in 2025: €9.2m
- Tangible fixed assets +€6.8m
new in 2025: €6.8m
of which Other tangible fixed assets: +€6.3m
- Cash +€1.0m
up €1.0m (+1717.8%), from €60,397 to €1.1m
- Contributions +€40.0m
up €40.0m (+65040.7%), from €61,500 to €40.1m
- Trade debts +€30.1m
new in 2025: €30.1m
- Profit (loss) carried forward -€19.2m
down €19.2m (-1738822.2%), from -€1,103 to -€19.2m
- Other debts +€11.0m
new in 2025: €11.0m
- Tax, wage and social debts +€3.5m
new in 2025: €3.5m
of which Remuneration and social security: +€3.5m
- Turnover +€167.0m
new in 2025: €167.0m
- Goods and materials +€115.0m
new in 2025: €115.0m
of which Purchases: +€120.4m
- Services and other goods +€54.8m
new in 2025: €54.8m
- Staff costs +€27.1m
new in 2025: €27.1m
- Other operating income +€21.1m
new in 2025: €21.1m
From the 2023 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
A cash bridge needs two consecutive fiscal 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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,397 | €65,502,155 | +€65.4m | +108351.9% |
| Fixed assets | 21/28 | - | €29,269,465 | +€29.3m | |
| Intangible fixed assets | 21 | - | €22,429,351 | +€22.4m | |
| Tangible fixed assets | 22/27 | - | €6,840,114 | +€6.8m | |
| Land and buildings | 22 | - | €438,285 | +€438,285 | |
| Furniture and vehicles | 24 | - | €32,412 | +€32,412 | |
| Other tangible fixed assets | 26 | - | €6,338,850 | +€6.3m | |
| Assets under construction and advance payments | 27 | - | €30,567 | +€30,567 | |
| Current assets | 29/58 | €60,397 | €36,232,690 | +€36.2m | +59890.4% |
| Stocks and contracts in progress | 3 | - | €9,185,246 | +€9.2m | |
| Stocks | 30/36 | - | €9,185,246 | +€9.2m | |
| Raw materials and consumables | 30/31 | - | €101 | +€101 | |
| Finished goods | 33 | - | €105,319 | +€105,319 | |
| Goods purchased for resale | 34 | - | €9,079,826 | +€9.1m | |
| Amounts receivable within one year | 40/41 | - | €25,911,855 | +€25.9m | |
| Trade receivables | 40 | - | €25,507,853 | +€25.5m | |
| Other amounts receivable | 41 | - | €404,002 | +€404,002 | |
| Cash at bank and in hand | 54/58 | €60,397 | €1,097,902 | +€1.0m | +1717.8% |
| Deferred charges and accrued income | 490/1 | - | €37,688 | +€37,688 | |
| Total equity and liabilities | 10/49 | €60,397 | €65,502,155 | +€65.4m | +108351.9% |
| Equity | 10/15 | €60,397 | €20,888,839 | +€20.8m | +34485.6% |
| Contributions | 10/11 | €61,500 | €40,061,500 | +€40.0m | +65040.7% |
| Capital | 10 | €61,500 | €40,061,500 | +€40.0m | +65040.7% |
| Issued capital | 100 | €61,500 | €40,061,500 | +€40.0m | +65040.7% |
| Profit (loss) carried forward | 14 | -€1,103 | -€19,172,661 | -€19.2m | -1738822.2% |
| Amounts payable | 17/49 | - | €44,613,316 | +€44.6m | |
| Amounts payable within one year | 42/48 | - | €44,611,974 | +€44.6m | |
| Trade debts | 44 | - | €30,109,261 | +€30.1m | |
| Suppliers | 440/4 | - | €30,109,261 | +€30.1m | |
| Advances received on contracts in progress | 46 | - | €1,954 | +€1,954 | |
| Taxes, remuneration and social security | 45 | - | €3,539,076 | +€3.5m | |
| Taxes | 450/3 | - | €9,871 | +€9,871 | |
| Remuneration and social security | 454/9 | - | €3,529,205 | +€3.5m | |
| Other amounts payable | 47/48 | - | €10,961,682 | +€11.0m | |
| Accrued charges and deferred income | 492/3 | - | €1,342 | +€1,342 | |
| Operating income | 70/76A | - | €188,264,423 | +€188.3m | |
| Turnover | 70 | - | €167,001,220 | +€167.0m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €113,813 | +€113,813 | |
| Other operating income | 74 | - | €21,149,389 | +€21.1m | |
| Operating charges | 60/66A | - | €207,210,766 | +€207.2m | |
| Goods for resale, raw materials and consumables | 60 | - | €114,997,093 | +€115.0m | |
| Purchases | 600/8 | - | €120,433,055 | +€120.4m | |
| Change in stocks: decrease (increase) | 609 | - | -€5,435,962 | -€5.4m | |
| Services and other goods | 61 | - | €54,799,471 | +€54.8m | |
| Remuneration, social security and pensions | 62 | - | €27,070,274 | +€27.1m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,876,314 | +€9.9m | |
| Other operating charges | 640/8 | €50 | €465,241 | +€465,191 | +930382.7% |
| Non-recurring operating charges | 66A | - | €2,372 | +€2,372 | |
| Gross operating margin | 9900 | -€1,883 | - | +€1,883 | |
| Operating profit (loss) | 9901 | -€1,933 | -€18,946,343 | -€18.9m | -980103.0% |
| Financial income | 75/76B | €1,599 | €89,208 | +€87,609 | +5479.5% |
| Recurring financial income | 75 | €1,599 | €89,208 | +€87,609 | +5479.5% |
| Income from current assets | 751 | - | €72,231 | +€72,231 | |
| Other financial income | 752/9 | - | €16,977 | +€16,977 | |
| Financial charges | 65/66B | €769 | €310,094 | +€309,326 | +40250.6% |
| Recurring financial charges | 65 | €769 | €310,094 | +€309,326 | +40250.6% |
| Debt charges | 650 | - | €297,776 | +€297,776 | |
| Other financial charges | 652/9 | - | €12,319 | +€12,319 | |
| Profit (loss) for the period before taxes | 9903 | -€1,103 | -€19,167,229 | -€19.2m | -1738329.6% |
| Income taxes | 67/77 | - | €4,329 | +€4,329 | |
| Taxes | 670/3 | - | €4,329 | +€4,329 | |
| Profit (loss) for the period | 9904 | -€1,103 | -€19,171,559 | -€19.2m | -1738722.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,103 | -€19,171,559 | -€19.2m | -1738722.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.