COMBAT: 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.
COMBAT
Largest movements
- Cash -€4,588
down €4,588 (-98.3%), from €4,666 to €78
mainly Net result for the year (-€7,537) and Receivables within one year (-€1,838)
- Receivables within one year +€1,838
up €1,838 (+41.6%), from €4,413 to €6,251
of which Trade receivables: +€1,838
- Deferred charges and accrued income -€1,022
down €1,022 (-94.1%), from €1,085 to €64
- Tangible fixed assets -€879
down €879 (-39.5%), from €2,222 to €1,343
- Profit (loss) carried forward -€7,537
down €7,537 (-47.8%), from -€15,759 to -€23,296
- Other debts +€3,394
up €3,394 (+44.1%), from €7,689 to €11,083
- Trade debts -€323
down €323 (-35.9%), from €902 to €578
- Tax, wage and social debts -€184
down €184 (-2.7%), from €6,884 to €6,700
of which Remuneration and social security: -€158
- Gross operating margin -€3,427
down €3,427 (-1893.1%), from -€181 to -€3,608
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 | €12,386 | €7,736 | -€4,650 | -37.5% |
| Fixed assets | 21/28 | €2,222 | €1,343 | -€879 | -39.5% |
| Tangible fixed assets | 22/27 | €2,222 | €1,343 | -€879 | -39.5% |
| Furniture and vehicles | 24 | €2,222 | €1,343 | -€879 | -39.5% |
| Current assets | 29/58 | €10,165 | €6,393 | -€3,772 | -37.1% |
| Amounts receivable within one year | 40/41 | €4,413 | €6,251 | +€1,838 | +41.6% |
| Trade receivables | 40 | €4,276 | €6,114 | +€1,838 | +43.0% |
| Other amounts receivable | 41 | €137 | €137 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,666 | €78 | -€4,588 | -98.3% |
| Deferred charges and accrued income | 490/1 | €1,085 | €64 | -€1,022 | -94.1% |
| Total equity and liabilities | 10/49 | €12,386 | €7,736 | -€4,650 | -37.5% |
| Equity | 10/15 | -€3,088 | -€10,625 | -€7,537 | -244.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €271 | €271 | = | 0.0% |
| Distributable reserves | 133 | €271 | €271 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,759 | -€23,296 | -€7,537 | -47.8% |
| Amounts payable | 17/49 | €15,474 | €18,361 | +€2,887 | +18.7% |
| Amounts payable within one year | 42/48 | €15,474 | €18,361 | +€2,887 | +18.7% |
| Trade debts | 44 | €902 | €578 | -€323 | -35.9% |
| Suppliers | 440/4 | €902 | €578 | -€323 | -35.9% |
| Taxes, remuneration and social security | 45 | €6,884 | €6,700 | -€184 | -2.7% |
| Taxes | 450/3 | €2,161 | €2,134 | -€26 | -1.2% |
| Remuneration and social security | 454/9 | €4,723 | €4,565 | -€158 | -3.3% |
| Other amounts payable | 47/48 | €7,689 | €11,083 | +€3,394 | +44.1% |
| Remuneration, social security and pensions | 62 | €2,304 | €2,307 | +€3 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €879 | = | 0.0% |
| Other operating charges | 640/8 | €357 | €331 | -€26 | -7.3% |
| Gross operating margin | 9900 | -€181 | -€3,608 | -€3,427 | -1893.1% |
| Operating profit (loss) | 9901 | -€3,722 | -€7,126 | -€3,404 | -91.5% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €159 | €142 | -€18 | -11.2% |
| Recurring financial charges | 65 | €159 | €142 | -€18 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,881 | -€7,265 | -€3,384 | -87.2% |
| Income taxes | 67/77 | €285 | €272 | -€13 | -4.5% |
| Profit (loss) for the period | 9904 | -€4,166 | -€7,537 | -€3,372 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,166 | -€7,537 | -€3,372 | -80.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.