Comecon: 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.
Comecon
Largest movements
- Cash +€82,367
up €82,367 (+1375.5%), from €5,988 to €88,355
mainly Receivables within one year (+€50,893) and Other debts (+€39,734)
- Receivables within one year -€50,893
down €50,893 (-84.0%), from €60,581 to €9,688
of which Trade receivables: -€50,893
- Financial fixed assets +€50,000
new in 2025: €50,000
- Receivables after one year -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Other debts +€39,734
up €39,734 (+112.6%), from €35,276 to €75,010
- Reserves +€15,546
up €15,546 (+35.1%), from €44,313 to €59,858
- Accrued charges and deferred income +€3,406
new in 2025: €3,406
- Tax, wage and social debts +€1,596
up €1,596 (+43.9%), from €3,639 to €5,236
- Gross operating margin +€14,340
up €14,340 (+81.6%), from €17,582 to €31,923
- Taxes +€5,056
up €5,056 (+144.8%), from €3,492 to €8,548
- Financial charges +€2,059
up €2,059 (+75.0%), from €2,746 to €4,805
- Depreciation -€1,271
down €1,271 (-44.5%), from €2,855 to €1,585
- Other operating charges -€387
down €387 (-100.0%), from €387 to €0
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 | €88,896 | €150,051 | +€61,155 | +68.8% |
| Fixed assets | 21/28 | €2,069 | €51,570 | +€49,501 | +2392.4% |
| Tangible fixed assets | 22/27 | €2,069 | €1,570 | -€499 | -24.1% |
| Plant, machinery and equipment | 23 | €1,891 | €423 | -€1,468 | -77.6% |
| Furniture and vehicles | 24 | €178 | €1,147 | +€969 | +542.9% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €86,827 | €98,481 | +€11,654 | +13.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €0 | -€20,000 | -100.0% |
| Other amounts receivable | 291 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €60,581 | €9,688 | -€50,893 | -84.0% |
| Trade receivables | 40 | €60,573 | €9,680 | -€50,893 | -84.0% |
| Other amounts receivable | 41 | €8 | €8 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,988 | €88,355 | +€82,367 | +1375.5% |
| Deferred charges and accrued income | 490/1 | €258 | €438 | +€180 | +69.6% |
| Total equity and liabilities | 10/49 | €88,896 | €150,051 | +€61,155 | +68.8% |
| Equity | 10/15 | €48,106 | €63,651 | +€15,546 | +32.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,313 | €59,858 | +€15,546 | +35.1% |
| Distributable reserves | 133 | €44,313 | €59,858 | +€15,546 | +35.1% |
| Profit (loss) carried forward | 14 | €793 | €793 | = | 0.0% |
| Amounts payable | 17/49 | €40,790 | €86,399 | +€45,609 | +111.8% |
| Amounts payable within one year | 42/48 | €40,790 | €82,993 | +€42,203 | +103.5% |
| Trade debts | 44 | €1,875 | €2,748 | +€873 | +46.6% |
| Suppliers | 440/4 | €1,875 | €2,748 | +€873 | +46.6% |
| Taxes, remuneration and social security | 45 | €3,639 | €5,236 | +€1,596 | +43.9% |
| Taxes | 450/3 | €3,639 | €5,236 | +€1,596 | +43.9% |
| Other amounts payable | 47/48 | €35,276 | €75,010 | +€39,734 | +112.6% |
| Accrued charges and deferred income | 492/3 | - | €3,406 | +€3,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,855 | €1,585 | -€1,271 | -44.5% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | €17,582 | €31,923 | +€14,340 | +81.6% |
| Operating profit (loss) | 9901 | €14,340 | €30,338 | +€15,998 | +111.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,746 | €4,805 | +€2,059 | +75.0% |
| Recurring financial charges | 65 | €2,746 | €4,805 | +€2,059 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | €11,594 | €25,533 | +€13,939 | +120.2% |
| Income taxes | 67/77 | €3,492 | €8,548 | +€5,056 | +144.8% |
| Profit (loss) for the period | 9904 | €8,102 | €16,985 | +€8,883 | +109.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,102 | €16,985 | +€8,883 | +109.6% |
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 11 October 2026 via checked.be.