COMBOS: 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.
COMBOS
Largest movements
- Receivables within one year +€69,863
up €69,863 (+769.9%), from €9,074 to €78,938
of which Trade receivables: +€69,828
- Tangible fixed assets -€1,788
down €1,788 (-27.6%), from €6,468 to €4,680
of which Plant, machinery and equipment: -€2,215
- Trade debts +€63,254
up €63,254 (+1464.6%), from €4,319 to €67,573
- Profit (loss) carried forward +€6,151
up €6,151 (+23.8%), from -€25,850 to -€19,699
- Other debts -€1,528
down €1,528 (-92.0%), from €1,661 to €133
- Gross operating margin +€20,498
up €20,498, from -€5,232 to €15,267
- Other operating charges -€15,842
down €15,842 (-97.5%), from €16,242 to €400
- Taxes +€2,949
new in 2025: €2,949
- Depreciation +€856
up €856 (+20.8%), from €4,115 to €4,970
- Financial charges +€554
up €554 (+227.9%), from €243 to €797
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 | €28,838 | €96,795 | +€67,956 | +235.6% |
| Formation expenses | 20 | €417 | - | -€417 | |
| Fixed assets | 21/28 | €7,068 | €5,280 | -€1,788 | -25.3% |
| Tangible fixed assets | 22/27 | €6,468 | €4,680 | -€1,788 | -27.6% |
| Plant, machinery and equipment | 23 | €4,457 | €2,242 | -€2,215 | -49.7% |
| Furniture and vehicles | 24 | €2,011 | €2,438 | +€426 | +21.2% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €21,353 | €91,515 | +€70,162 | +328.6% |
| Amounts receivable within one year | 40/41 | €9,074 | €78,938 | +€69,863 | +769.9% |
| Trade receivables | 40 | €9,074 | €78,903 | +€69,828 | +769.5% |
| Other amounts receivable | 41 | - | €35 | +€35 | |
| Cash at bank and in hand | 54/58 | €12,279 | €12,473 | +€194 | +1.6% |
| Deferred charges and accrued income | 490/1 | - | €105 | +€105 | |
| Total equity and liabilities | 10/49 | €28,838 | €96,795 | +€67,956 | +235.6% |
| Equity | 10/15 | €5,717 | €11,868 | +€6,151 | +107.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €29,566 | €29,566 | = | 0.0% |
| Distributable reserves | 133 | €29,566 | €29,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,850 | -€19,699 | +€6,151 | +23.8% |
| Amounts payable | 17/49 | €23,122 | €84,927 | +€61,805 | +267.3% |
| Amounts payable within one year | 42/48 | €23,122 | €84,927 | +€61,805 | +267.3% |
| Trade debts | 44 | €4,319 | €67,573 | +€63,254 | +1464.6% |
| Suppliers | 440/4 | €4,319 | €67,573 | +€63,254 | +1464.6% |
| Taxes, remuneration and social security | 45 | €17,142 | €17,222 | +€80 | +0.5% |
| Taxes | 450/3 | €7,628 | €13,341 | +€5,712 | +74.9% |
| Remuneration and social security | 454/9 | €9,514 | €3,881 | -€5,632 | -59.2% |
| Other amounts payable | 47/48 | €1,661 | €133 | -€1,528 | -92.0% |
| Remuneration, social security and pensions | 62 | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,115 | €4,970 | +€856 | +20.8% |
| Other operating charges | 640/8 | €16,242 | €400 | -€15,842 | -97.5% |
| Gross operating margin | 9900 | -€5,232 | €15,267 | +€20,498 | |
| Operating profit (loss) | 9901 | -€25,628 | €9,897 | +€35,524 | |
| Financial income | 75/76B | €21 | €1 | -€20 | -95.8% |
| Recurring financial income | 75 | €21 | €1 | -€20 | -95.8% |
| Financial charges | 65/66B | €243 | €797 | +€554 | +227.9% |
| Recurring financial charges | 65 | €243 | €797 | +€554 | +227.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,850 | €9,100 | +€34,950 | |
| Income taxes | 67/77 | - | €2,949 | +€2,949 | |
| Profit (loss) for the period | 9904 | -€25,850 | €6,151 | +€32,001 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,850 | €6,151 | +€32,001 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.