Cômâva: 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.
Cômâva
Largest movements
- Stocks and contracts +€243,965
up €243,965 (+446.2%), from €54,681 to €298,646
of which Stocks: +€158,809
- Tangible fixed assets +€47,803
up €47,803 (+321.0%), from €14,893 to €62,696
of which Assets under construction and advance payments: +€42,219
- Cash -€44,772
down €44,772 (-85.7%), from €52,225 to €7,453
mainly Stocks and contracts (-€243,965) and Investment in fixed assets (net) (-€42,157)
- Receivables after one year +€32,000
up €32,000 (+62.7%), from €51,000 to €83,000
- Financial fixed assets -€13,500
down €13,500 (-90.1%), from €14,980 to €1,480
- Trade debts +€143,370
up €143,370 (+59.5%), from €241,026 to €384,396
- Debts after one year +€90,000
new in 2025: €90,000
- Profit (loss) carried forward +€29,239
up €29,239 (+37.2%), from €78,634 to €107,872
- Current portion of long-term debt -€8,000
no longer reported in 2025 (was €8,000)
- Other debts +€7,239
up €7,239 (+23.4%), from €31,000 to €38,239
- Financial income +€15,116
up €15,116 (+33734.6%), from €45 to €15,161
of which Non-recurring financial income: +€14,500
- Gross operating margin -€14,468
down €14,468 (-22.6%), from €64,008 to €49,540
- Financial charges +€7,754
up €7,754 (+228.8%), from €3,388 to €11,142
- Taxes -€6,888
down €6,888 (-49.6%), from €13,874 to €6,986
- Other operating charges +€5,431
up €5,431 (+179.3%), from €3,029 to €8,459
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 | €371,180 | €641,124 | +€269,944 | +72.7% |
| Fixed assets | 21/28 | €34,083 | €67,364 | +€33,281 | +97.6% |
| Intangible fixed assets | 21 | €4,209 | €3,187 | -€1,022 | -24.3% |
| Tangible fixed assets | 22/27 | €14,893 | €62,696 | +€47,803 | +321.0% |
| Plant, machinery and equipment | 23 | €797 | €323 | -€474 | -59.5% |
| Furniture and vehicles | 24 | €14,096 | €20,155 | +€6,058 | +43.0% |
| Assets under construction and advance payments | 27 | - | €42,219 | +€42,219 | |
| Financial fixed assets | 28 | €14,980 | €1,480 | -€13,500 | -90.1% |
| Current assets | 29/58 | €337,097 | €573,760 | +€236,663 | +70.2% |
| Amounts receivable after more than one year | 29 | €51,000 | €83,000 | +€32,000 | +62.7% |
| Other amounts receivable | 291 | €51,000 | €83,000 | +€32,000 | +62.7% |
| Stocks and contracts in progress | 3 | €54,681 | €298,646 | +€243,965 | +446.2% |
| Stocks | 30/36 | €54,681 | €213,490 | +€158,809 | +290.4% |
| Contracts in progress | 37 | - | €85,156 | +€85,156 | |
| Amounts receivable within one year | 40/41 | €165,166 | €169,665 | +€4,498 | +2.7% |
| Trade receivables | 40 | €83,877 | €125,712 | +€41,836 | +49.9% |
| Other amounts receivable | 41 | €81,290 | €43,952 | -€37,337 | -45.9% |
| Cash at bank and in hand | 54/58 | €52,225 | €7,453 | -€44,772 | -85.7% |
| Deferred charges and accrued income | 490/1 | €14,025 | €14,996 | +€971 | +6.9% |
| Total equity and liabilities | 10/49 | €371,180 | €641,124 | +€269,944 | +72.7% |
| Equity | 10/15 | €83,134 | €112,372 | +€29,239 | +35.2% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,634 | €107,872 | +€29,239 | +37.2% |
| Amounts payable | 17/49 | €288,046 | €528,752 | +€240,705 | +83.6% |
| Amounts payable after more than one year | 17 | - | €90,000 | +€90,000 | |
| Financial debts | 170/4 | - | €90,000 | +€90,000 | |
| Amounts payable within one year | 42/48 | €288,046 | €435,702 | +€147,655 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | - | -€8,000 | |
| Trade debts | 44 | €241,026 | €384,396 | +€143,370 | +59.5% |
| Suppliers | 440/4 | €241,026 | €384,396 | +€143,370 | +59.5% |
| Taxes, remuneration and social security | 45 | €8,020 | €13,067 | +€5,047 | +62.9% |
| Taxes | 450/3 | €7,995 | €12,847 | +€4,851 | +60.7% |
| Remuneration and social security | 454/9 | €25 | €220 | +€195 | +783.4% |
| Other amounts payable | 47/48 | €31,000 | €38,239 | +€7,239 | +23.4% |
| Accrued charges and deferred income | 492/3 | - | €3,050 | +€3,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,238 | €8,876 | +€638 | +7.7% |
| Other operating charges | 640/8 | €3,029 | €8,459 | +€5,431 | +179.3% |
| Gross operating margin | 9900 | €64,008 | €49,540 | -€14,468 | -22.6% |
| Operating profit (loss) | 9901 | €52,742 | €32,205 | -€20,537 | -38.9% |
| Financial income | 75/76B | €45 | €15,161 | +€15,116 | +33734.6% |
| Recurring financial income | 75 | €45 | €661 | +€616 | +1375.8% |
| Non-recurring financial income | 76B | - | €14,500 | +€14,500 | |
| Financial charges | 65/66B | €3,388 | €11,142 | +€7,754 | +228.8% |
| Recurring financial charges | 65 | €3,388 | €11,142 | +€7,754 | +228.8% |
| Profit (loss) for the period before taxes | 9903 | €49,399 | €36,225 | -€13,174 | -26.7% |
| Income taxes | 67/77 | €13,874 | €6,986 | -€6,888 | -49.6% |
| Profit (loss) for the period | 9904 | €35,525 | €29,239 | -€6,286 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,525 | €29,239 | -€6,286 | -17.7% |
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 7 October 2026 via checked.be.