CoMedZ: 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.
CoMedZ
Largest movements
- Tangible fixed assets -€68,624
down €68,624 (-6.2%), from €1.1m to €1.0m
of which Plant, machinery and equipment: -€43,673
- Cash -€15,405
down €15,405 (-59.4%), from €25,933 to €10,528
mainly Net result for the year (-€70,490) and Debts after one year (-€55,810)
- Profit (loss) carried forward -€70,490
down €70,490 (-27.3%), from -€257,780 to -€328,270
- Other debts +€55,911
up €55,911 (+10.9%), from €511,279 to €567,191
- Debts after one year -€55,810
down €55,810 (-9.2%), from €603,413 to €547,603
- Accrued charges and deferred income -€12,966
no longer reported in 2025 (was €12,966)
- Gross operating margin +€26,704
up €26,704, from -€11,880 to €14,824
- Other operating charges +€2,887
up €2,887 (+131.0%), from €2,203 to €5,090
- Financial income -€2,719
no longer reported in 2025 (was €2,719)
- Financial charges -€1,283
down €1,283 (-9.7%), from €13,234 to €11,951
- Depreciation +€1,070
up €1,070 (+1.6%), from €67,203 to €68,274
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 | €1,124,816 | €1,046,400 | -€78,416 | -7.0% |
| Fixed assets | 21/28 | €1,098,412 | €1,029,788 | -€68,624 | -6.2% |
| Tangible fixed assets | 22/27 | €1,098,162 | €1,029,538 | -€68,624 | -6.2% |
| Land and buildings | 22 | €429,105 | €412,128 | -€16,977 | -4.0% |
| Plant, machinery and equipment | 23 | €614,444 | €570,771 | -€43,673 | -7.1% |
| Furniture and vehicles | 24 | €54,613 | €46,639 | -€7,974 | -14.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €26,405 | €16,612 | -€9,793 | -37.1% |
| Amounts receivable within one year | 40/41 | €472 | €4,296 | +€3,824 | +810.4% |
| Trade receivables | 40 | €472 | €2,687 | +€2,215 | +469.4% |
| Other amounts receivable | 41 | - | €1,609 | +€1,609 | |
| Cash at bank and in hand | 54/58 | €25,933 | €10,528 | -€15,405 | -59.4% |
| Deferred charges and accrued income | 490/1 | - | €1,788 | +€1,788 | |
| Total equity and liabilities | 10/49 | €1,124,816 | €1,046,400 | -€78,416 | -7.0% |
| Equity | 10/15 | -€57,780 | -€128,270 | -€70,490 | -122.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,780 | -€328,270 | -€70,490 | -27.3% |
| Amounts payable | 17/49 | €1,182,596 | €1,174,670 | -€7,926 | -0.7% |
| Amounts payable after more than one year | 17 | €603,413 | €547,603 | -€55,810 | -9.2% |
| Financial debts | 170/4 | €603,413 | €547,603 | -€55,810 | -9.2% |
| Amounts payable within one year | 42/48 | €566,217 | €627,067 | +€60,849 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €54,791 | €55,810 | +€1,019 | +1.9% |
| Trade debts | 44 | €147 | €4,066 | +€3,919 | +2668.7% |
| Suppliers | 440/4 | €147 | €4,066 | +€3,919 | +2668.7% |
| Other amounts payable | 47/48 | €511,279 | €567,191 | +€55,911 | +10.9% |
| Accrued charges and deferred income | 492/3 | €12,966 | - | -€12,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,203 | €68,274 | +€1,070 | +1.6% |
| Other operating charges | 640/8 | €2,203 | €5,090 | +€2,887 | +131.0% |
| Gross operating margin | 9900 | -€11,880 | €14,824 | +€26,704 | |
| Operating profit (loss) | 9901 | -€81,286 | -€58,539 | +€22,747 | +28.0% |
| Financial income | 75/76B | €2,719 | - | -€2,719 | |
| Recurring financial income | 75 | €2,719 | - | -€2,719 | |
| Financial charges | 65/66B | €13,234 | €11,951 | -€1,283 | -9.7% |
| Recurring financial charges | 65 | €13,234 | €11,951 | -€1,283 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€91,801 | -€70,490 | +€21,311 | +23.2% |
| Profit (loss) for the period | 9904 | -€91,801 | -€70,490 | +€21,311 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,801 | -€70,490 | +€21,311 | +23.2% |
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.