COMDIS: 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.
COMDIS
Largest movements
- Cash -€100,589
down €100,589 (-39.4%), from €255,018 to €154,429
mainly Net result for the year (-€1.0m) and Current portion of long-term debt (-€403,219)
- Receivables within one year -€80,170
down €80,170 (-34.4%), from €233,315 to €153,145
of which Trade receivables: -€148,479
- Intangible fixed assets -€57,693
down €57,693 (-24.9%), from €231,506 to €173,813
- Stocks and contracts +€49,896
up €49,896 (+11.6%), from €429,498 to €479,394
- Tangible fixed assets +€41,599
up €41,599 (+35.6%), from €116,918 to €158,517
of which Plant, machinery and equipment: +€58,061
- Trade debts +€1.5m
up €1.5m (+334.3%), from €445,834 to €1.9m
- Profit (loss) carried forward -€1.0m
down €1.0m (-294.4%), from -€347,057 to -€1.4m
- Current portion of long-term debt -€403,219
down €403,219 (-84.0%), from €480,226 to €77,007
- Debts after one year -€81,605
down €81,605 (-22.3%), from €365,219 to €283,615
of which Financial debts: -€77,007
- Tax, wage and social debts -€77,287
down €77,287 (-45.1%), from €171,362 to €94,075
of which Remuneration and social security: -€59,286
- Gross operating margin -€910,895
down €910,895, from €781,582 to -€129,313
- Staff costs -€243,480
down €243,480 (-26.8%), from €908,018 to €664,538
- Financial charges +€61,766
up €61,766 (+83.2%), from €74,218 to €135,984
of which Financial charges: +€43,283
- Financial income +€60,231
up €60,231 (+50677.9%), from €119 to €60,350
- Other operating charges +€47,280
up €47,280 (+360.6%), from €13,111 to €60,392
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 | €1,269,005 | €1,121,958 | -€147,047 | -11.6% |
| Fixed assets | 21/28 | €348,424 | €332,330 | -€16,094 | -4.6% |
| Intangible fixed assets | 21 | €231,506 | €173,813 | -€57,693 | -24.9% |
| Tangible fixed assets | 22/27 | €116,918 | €158,517 | +€41,599 | +35.6% |
| Plant, machinery and equipment | 23 | - | €58,061 | +€58,061 | |
| Furniture and vehicles | 24 | €116,918 | €100,456 | -€16,462 | -14.1% |
| Current assets | 29/58 | €920,581 | €789,628 | -€130,953 | -14.2% |
| Stocks and contracts in progress | 3 | €429,498 | €479,394 | +€49,896 | +11.6% |
| Stocks | 30/36 | €429,498 | €479,394 | +€49,896 | +11.6% |
| Amounts receivable within one year | 40/41 | €233,315 | €153,145 | -€80,170 | -34.4% |
| Trade receivables | 40 | €173,232 | €24,753 | -€148,479 | -85.7% |
| Other amounts receivable | 41 | €60,084 | €128,392 | +€68,309 | +113.7% |
| Cash at bank and in hand | 54/58 | €255,018 | €154,429 | -€100,589 | -39.4% |
| Deferred charges and accrued income | 490/1 | €2,750 | €2,661 | -€89 | -3.2% |
| Total equity and liabilities | 10/49 | €1,269,005 | €1,121,958 | -€147,047 | -11.6% |
| Equity | 10/15 | -€247,057 | -€1,268,781 | -€1.0m | -413.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€347,057 | -€1,368,781 | -€1.0m | -294.4% |
| Amounts payable | 17/49 | €1,516,062 | €2,390,739 | +€874,677 | +57.7% |
| Amounts payable after more than one year | 17 | €365,219 | €283,615 | -€81,605 | -22.3% |
| Financial debts | 170/4 | €356,821 | €279,815 | -€77,007 | -21.6% |
| Other amounts payable | 178/9 | €8,398 | €3,800 | -€4,598 | -54.8% |
| Amounts payable within one year | 42/48 | €1,100,528 | €2,107,124 | +€1.0m | +91.5% |
| Current portion of amounts payable after more than one year | 42 | €480,226 | €77,007 | -€403,219 | -84.0% |
| Trade debts | 44 | €445,834 | €1,936,042 | +€1.5m | +334.3% |
| Suppliers | 440/4 | €445,834 | €1,936,042 | +€1.5m | +334.3% |
| Taxes, remuneration and social security | 45 | €171,362 | €94,075 | -€77,287 | -45.1% |
| Taxes | 450/3 | €18,001 | - | -€18,001 | |
| Remuneration and social security | 454/9 | €153,361 | €94,075 | -€59,286 | -38.7% |
| Other amounts payable | 47/48 | €3,106 | - | -€3,106 | |
| Accrued charges and deferred income | 492/3 | €50,314 | - | -€50,314 | |
| Non-recurring operating income | 76A | €690,697 | €3,932 | -€686,765 | -99.4% |
| Remuneration, social security and pensions | 62 | €908,018 | €664,538 | -€243,480 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,056 | €89,777 | -€1,279 | -1.4% |
| Other operating charges | 640/8 | €13,111 | €60,392 | +€47,280 | +360.6% |
| Non-recurring operating charges | 66A | €42,355 | €2,070 | -€40,285 | -95.1% |
| Gross operating margin | 9900 | €781,582 | -€129,313 | -€910,895 | |
| Operating profit (loss) | 9901 | -€272,958 | -€946,090 | -€673,132 | -246.6% |
| Financial income | 75/76B | €119 | €60,350 | +€60,231 | +50677.9% |
| Recurring financial income | 75 | €119 | €60,350 | +€60,231 | +50677.9% |
| Financial charges | 65/66B | €74,218 | €135,984 | +€61,766 | +83.2% |
| Recurring financial charges | 65 | €74,218 | €117,501 | +€43,283 | +58.3% |
| Non-recurring financial charges | 66B | - | €18,482 | +€18,482 | |
| Profit (loss) for the period before taxes | 9903 | -€347,057 | -€1,021,724 | -€674,667 | -194.4% |
| Profit (loss) for the period | 9904 | -€347,057 | -€1,021,724 | -€674,667 | -194.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€347,057 | -€1,021,724 | -€674,667 | -194.4% |
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 3 October 2026 via checked.be.