Comatti: what changed
Comatti
Largest movements
- Tangible fixed assets +€348,490
up €348,490 (+976%), from €35,706 to €384,196
of which Land and buildings: +€350,000
- Receivables within one year -€60,327
down €60,327 (-54.9%), from €109,912 to €49,585
of which Trade receivables: -€103,105
- Cash -€9,944
down €9,944 (-7.2%), from €138,179 to €128,235
mainly Investment in fixed assets (net) (-€360,202) and Tax, wage and social debts (-€22,113)
- Debts after one year +€276,230
new in 2025: €276,230
- Tax, wage and social debts -€22,113
down €22,113 (-61.3%), from €36,096 to €13,983
of which Taxes: -€22,113
- Reserves +€20,715
up €20,715 (+9.9%), from €208,479 to €229,194
- Current portion of long-term debt +€16,004
new in 2025: €16,004
- Trade debts -€15,116
down €15,116 (-51.2%), from €29,535 to €14,419
- Gross operating margin -€109,596
down €109,596 (-70.4%), from €155,570 to €45,974
- Taxes -€37,241
down €37,241 (-88.9%), from €41,900 to €4,659
- Financial charges +€5,674
up €5,674, from -€4 to €5,670
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,128 | €562,016 | +€276,888 | +97.1% |
| Fixed assets | 21/28 | €35,706 | €384,196 | +€348,490 | +976% |
| Tangible fixed assets | 22/27 | €35,706 | €384,196 | +€348,490 | +976% |
| Land and buildings | 22 | - | €350,000 | +€350,000 | |
| Plant, machinery and equipment | 23 | €35,377 | €34,196 | -€1,181 | -3.3% |
| Furniture and vehicles | 24 | €329 | €0 | -€329 | -100% |
| Current assets | 29/58 | €249,422 | €177,820 | -€71,602 | -28.7% |
| Amounts receivable within one year | 40/41 | €109,912 | €49,585 | -€60,327 | -54.9% |
| Trade receivables | 40 | €109,912 | €6,807 | -€103,105 | -93.8% |
| Other amounts receivable | 41 | - | €42,778 | +€42,778 | |
| Cash at bank and in hand | 54/58 | €138,179 | €128,235 | -€9,944 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,331 | €0 | -€1,331 | -100% |
| Total equity and liabilities | 10/49 | €285,128 | €562,016 | +€276,888 | +97.1% |
| Equity | 10/15 | €213,479 | €234,194 | +€20,715 | +9.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €208,479 | €229,194 | +€20,715 | +9.9% |
| Distributable reserves | 133 | €208,479 | €229,194 | +€20,715 | +9.9% |
| Amounts payable | 17/49 | €71,649 | €327,822 | +€256,173 | +358% |
| Amounts payable after more than one year | 17 | - | €276,230 | +€276,230 | |
| Financial debts | 170/4 | - | €276,230 | +€276,230 | |
| Amounts payable within one year | 42/48 | €71,649 | €51,591 | -€20,058 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | - | €16,004 | +€16,004 | |
| Trade debts | 44 | €29,535 | €14,419 | -€15,116 | -51.2% |
| Suppliers | 440/4 | €29,535 | €14,419 | -€15,116 | -51.2% |
| Taxes, remuneration and social security | 45 | €36,096 | €13,983 | -€22,113 | -61.3% |
| Taxes | 450/3 | €36,096 | €13,983 | -€22,113 | -61.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,018 | €7,186 | +€1,168 | +19.4% |
| Remuneration, social security and pensions | 62 | €428 | €607 | +€179 | +41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,968 | €11,712 | +€744 | +6.8% |
| Other operating charges | 640/8 | €1,361 | €2,790 | +€1,429 | +105% |
| Gross operating margin | 9900 | €155,570 | €45,974 | -€109,596 | -70.4% |
| Operating profit (loss) | 9901 | €142,813 | €30,864 | -€111,949 | -78.4% |
| Financial income | 75/76B | €175 | €180 | +€5 | +3.0% |
| Recurring financial income | 75 | €175 | €180 | +€5 | +3.0% |
| Financial charges | 65/66B | -€4 | €5,670 | +€5,674 | |
| Recurring financial charges | 65 | -€4 | €5,670 | +€5,674 | |
| Profit (loss) for the period before taxes | 9903 | €142,992 | €25,374 | -€117,618 | -82.3% |
| Income taxes | 67/77 | €41,900 | €4,659 | -€37,241 | -88.9% |
| Profit (loss) for the period | 9904 | €101,092 | €20,715 | -€80,376 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,092 | €20,715 | -€80,376 | -79.5% |
Next steps
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 8 November 2026 via checked.be.