COMBUDRINK: 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.
COMBUDRINK
Largest movements
- Receivables within one year +€179,036
up €179,036 (+222%), from €80,716 to €259,752
of which Other amounts receivable: +€107,343
- Tangible fixed assets +€134,576
up €134,576 (+19.1%), from €703,051 to €837,627
of which Other tangible fixed assets: +€120,111
- Deferred charges and accrued income +€50,484
up €50,484 (+1,359%), from €3,714 to €54,198
- Intangible fixed assets -€41,614
down €41,614 (-18.2%), from €228,766 to €187,152
- Stocks and contracts -€20,193
down €20,193 (-5.3%), from €377,589 to €357,396
- Current portion of long-term debt +€212,327
up €212,327 (+302%), from €70,385 to €282,712
- Profit (loss) carried forward +€71,087
up €71,087 (+73.7%), from €96,417 to €167,504
- Debts after one year -€70,825
down €70,825 (-16.8%), from €421,335 to €350,510
- Tax, wage and social debts +€37,343
up €37,343 (+69.3%), from €53,891 to €91,234
of which Taxes: +€26,343
- Other debts +€30,327
up €30,327 (+68.1%), from €44,563 to €74,890
- Gross operating margin +€208,893
up €208,893 (+40.5%), from €515,294 to €724,187
- Staff costs +€45,140
up €45,140 (+15.3%), from €294,998 to €340,138
- Taxes +€35,746
up €35,746 (+362%), from €9,868 to €45,614
- Depreciation +€15,859
up €15,859 (+13.5%), from €117,069 to €132,928
- Financial charges +€12,245
up €12,245 (+28.5%), from €42,992 to €55,237
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 | €1,415,184 | €1,707,108 | +€291,924 | +20.6% |
| Fixed assets | 21/28 | €932,547 | €1,025,509 | +€92,962 | +10.0% |
| Intangible fixed assets | 21 | €228,766 | €187,152 | -€41,614 | -18.2% |
| Tangible fixed assets | 22/27 | €703,051 | €837,627 | +€134,576 | +19.1% |
| Plant, machinery and equipment | 23 | €32,409 | €20,659 | -€11,750 | -36.3% |
| Furniture and vehicles | 24 | €57,117 | €83,332 | +€26,215 | +45.9% |
| Other tangible fixed assets | 26 | €613,525 | €733,636 | +€120,111 | +19.6% |
| Financial fixed assets | 28 | €730 | €730 | = | 0.0% |
| Current assets | 29/58 | €482,637 | €681,599 | +€198,962 | +41.2% |
| Stocks and contracts in progress | 3 | €377,589 | €357,396 | -€20,193 | -5.3% |
| Stocks | 30/36 | €377,589 | €357,396 | -€20,193 | -5.3% |
| Amounts receivable within one year | 40/41 | €80,716 | €259,752 | +€179,036 | +222% |
| Trade receivables | 40 | €74,789 | €146,482 | +€71,693 | +95.9% |
| Other amounts receivable | 41 | €5,927 | €113,270 | +€107,343 | +1,811% |
| Cash at bank and in hand | 54/58 | €20,618 | €10,253 | -€10,365 | -50.3% |
| Deferred charges and accrued income | 490/1 | €3,714 | €54,198 | +€50,484 | +1,359% |
| Total equity and liabilities | 10/49 | €1,415,184 | €1,707,108 | +€291,924 | +20.6% |
| Equity | 10/15 | €100,417 | €171,504 | +€71,087 | +70.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,417 | €167,504 | +€71,087 | +73.7% |
| Amounts payable | 17/49 | €1,314,767 | €1,535,604 | +€220,837 | +16.8% |
| Amounts payable after more than one year | 17 | €421,335 | €350,510 | -€70,825 | -16.8% |
| Financial debts | 170/4 | €421,335 | €350,510 | -€70,825 | -16.8% |
| Amounts payable within one year | 42/48 | €865,130 | €1,170,502 | +€305,372 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €70,385 | €282,712 | +€212,327 | +302% |
| Financial debts | 43 | €13,059 | €36,096 | +€23,037 | +176% |
| Credit institutions | 430/8 | €13,059 | €36,096 | +€23,037 | +176% |
| Trade debts | 44 | €683,232 | €685,570 | +€2,338 | +0.3% |
| Suppliers | 440/4 | €683,232 | €673,171 | -€10,061 | -1.5% |
| Bills of exchange payable | 441 | - | €12,399 | +€12,399 | |
| Taxes, remuneration and social security | 45 | €53,891 | €91,234 | +€37,343 | +69.3% |
| Taxes | 450/3 | €9,575 | €35,918 | +€26,343 | +275% |
| Remuneration and social security | 454/9 | €44,316 | €55,316 | +€11,000 | +24.8% |
| Other amounts payable | 47/48 | €44,563 | €74,890 | +€30,327 | +68.1% |
| Accrued charges and deferred income | 492/3 | €28,302 | €14,592 | -€13,710 | -48.4% |
| Remuneration, social security and pensions | 62 | €294,998 | €340,138 | +€45,140 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,069 | €132,928 | +€15,859 | +13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,014 | - | -€9,014 | |
| Other operating charges | 640/8 | €8,527 | €4,393 | -€4,134 | -48.5% |
| Gross operating margin | 9900 | €515,294 | €724,187 | +€208,893 | +40.5% |
| Operating profit (loss) | 9901 | €85,686 | €246,728 | +€161,042 | +188% |
| Financial income | 75/76B | €802 | €100 | -€702 | -87.5% |
| Recurring financial income | 75 | €802 | €100 | -€702 | -87.5% |
| Financial charges | 65/66B | €42,992 | €55,237 | +€12,245 | +28.5% |
| Recurring financial charges | 65 | €42,992 | €55,237 | +€12,245 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €43,496 | €191,591 | +€148,095 | +340% |
| Income taxes | 67/77 | €9,868 | €45,614 | +€35,746 | +362% |
| Profit (loss) for the period | 9904 | €33,628 | €145,977 | +€112,349 | +334% |
| Profit (loss) for the period to be appropriated | 9905 | €33,628 | €145,977 | +€112,349 | +334% |
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 15 October 2026 via checked.be.