COMAUCO: what changed
Two financial 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.
COMAUCO
Largest movements
- Cash -€14,718
down €14,718 (-95.1%), from €15,478 to €760
mainly Investment in fixed assets (net) (-€18,649) and Deferred charges and accrued income (-€7,701)
- Tangible fixed assets +€12,257
up €12,257 (+42.4%), from €28,943 to €41,200
of which Plant, machinery and equipment: +€14,786
- Deferred charges and accrued income +€7,701
up €7,701 (+80.1%), from €9,611 to €17,312
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,076
up €2,076 (+14.4%), from €14,438 to €16,515
- Other operating charges +€1,587
up €1,587 (+125%), from €1,266 to €2,854
- Financial income +€838
up €838 (+4,080%), from €21 to €859
- Depreciation +€433
up €433 (+7.3%), from €5,959 to €6,391
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.
Derived cash bridge
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 | €667,493 | €667,175 | -€318 | 0.0% |
| Fixed assets | 21/28 | €28,943 | €41,200 | +€12,257 | +42.4% |
| Tangible fixed assets | 22/27 | €28,943 | €41,200 | +€12,257 | +42.4% |
| Land and buildings | 22 | €24,382 | €20,789 | -€3,593 | -14.7% |
| Plant, machinery and equipment | 23 | - | €14,786 | +€14,786 | |
| Furniture and vehicles | 24 | €4,560 | €5,625 | +€1,064 | +23.3% |
| Current assets | 29/58 | €638,551 | €625,975 | -€12,576 | -2.0% |
| Stocks and contracts in progress | 3 | €606,830 | €607,513 | +€683 | +0.1% |
| Stocks | 30/36 | €606,830 | €607,513 | +€683 | +0.1% |
| Amounts receivable within one year | 40/41 | €6,632 | €390 | -€6,242 | -94.1% |
| Trade receivables | 40 | €6,602 | €0 | -€6,602 | -100% |
| Other amounts receivable | 41 | €30 | €390 | +€359 | +1,182% |
| Cash at bank and in hand | 54/58 | €15,478 | €760 | -€14,718 | -95.1% |
| Deferred charges and accrued income | 490/1 | €9,611 | €17,312 | +€7,701 | +80.1% |
| Total equity and liabilities | 10/49 | €667,493 | €667,175 | -€318 | 0.0% |
| Equity | 10/15 | €799 | €2,267 | +€1,468 | +184% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,661 | -€18,193 | +€1,468 | +7.5% |
| Amounts payable | 17/49 | €666,695 | €664,908 | -€1,787 | -0.3% |
| Amounts payable after more than one year | 17 | €554,350 | €548,387 | -€5,963 | -1.1% |
| Financial debts | 170/4 | €554,350 | €548,387 | -€5,963 | -1.1% |
| Amounts payable within one year | 42/48 | €111,957 | €116,121 | +€4,164 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €46,963 | €46,963 | = | 0.0% |
| Financial debts | 43 | €2,759 | €1,226 | -€1,533 | -55.6% |
| Credit institutions | 430/8 | €2,759 | €1,226 | -€1,533 | -55.6% |
| Trade debts | 44 | €2,565 | €8,234 | +€5,670 | +221% |
| Suppliers | 440/4 | €2,565 | €8,234 | +€5,670 | +221% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,903 | €8,455 | +€2,551 | +43.2% |
| Taxes | 450/3 | €3,903 | €3,455 | -€449 | -11.5% |
| Remuneration and social security | 454/9 | €2,000 | €5,000 | +€3,000 | +150% |
| Other amounts payable | 47/48 | €53,767 | €51,243 | -€2,524 | -4.7% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,959 | €6,391 | +€433 | +7.3% |
| Other operating charges | 640/8 | €1,266 | €2,854 | +€1,587 | +125% |
| Gross operating margin | 9900 | €14,438 | €16,515 | +€2,076 | +14.4% |
| Operating profit (loss) | 9901 | €7,214 | €7,270 | +€56 | +0.8% |
| Financial income | 75/76B | €21 | €859 | +€838 | +4,080% |
| Recurring financial income | 75 | €21 | €859 | +€838 | +4,080% |
| Financial charges | 65/66B | €4,424 | €4,265 | -€159 | -3.6% |
| Recurring financial charges | 65 | €4,424 | €4,265 | -€159 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €2,810 | €3,864 | +€1,054 | +37.5% |
| Income taxes | 67/77 | €2,315 | €2,395 | +€80 | +3.5% |
| Profit (loss) for the period | 9904 | €495 | €1,468 | +€974 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €495 | €1,468 | +€974 | +197% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.