COMEGI: 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.
COMEGI
Largest movements
- Tangible fixed assets -€67,905
down €67,905 (-12.8%), from €530,525 to €462,620
of which Plant, machinery and equipment: -€41,330
- Receivables within one year +€34,348
up €34,348 (+207%), from €16,617 to €50,965
of which Trade receivables: +€26,542
- Cash -€27,054
down €27,054 (-65.4%), from €41,366 to €14,312
mainly Debts after one year (-€70,195) and Receivables within one year (-€34,348)
- Debts after one year -€70,195
down €70,195 (-28.7%), from €244,705 to €174,510
- Profit (loss) carried forward +€24,586
up €24,586 (+15.6%), from €157,715 to €182,301
- Current portion of long-term debt -€23,940
down €23,940 (-25.4%), from €94,135 to €70,195
- Accrued charges and deferred income -€15,101
down €15,101 (-80.2%), from €18,836 to €3,734
- Tax, wage and social debts +€14,949
up €14,949 (+64.2%), from €23,278 to €38,227
of which Taxes: +€19,748
- Staff costs -€18,119
down €18,119 (-10.7%), from €169,336 to €151,218
- Taxes +€8,854
up €8,854 (+3,345%), from €265 to €9,119
- Other operating charges -€6,694
down €6,694 (-27.1%), from €24,713 to €18,019
- Gross operating margin -€6,655
down €6,655 (-2.3%), from €289,983 to €283,328
- Financial charges -€5,103
down €5,103 (-24.9%), from €20,507 to €15,404
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 | €645,696 | €584,142 | -€61,554 | -9.5% |
| Fixed assets | 21/28 | €530,525 | €462,620 | -€67,905 | -12.8% |
| Tangible fixed assets | 22/27 | €530,525 | €462,620 | -€67,905 | -12.8% |
| Land and buildings | 22 | €112,759 | €108,647 | -€4,113 | -3.6% |
| Plant, machinery and equipment | 23 | €301,780 | €260,450 | -€41,330 | -13.7% |
| Furniture and vehicles | 24 | €29,094 | €18,847 | -€10,247 | -35.2% |
| Other tangible fixed assets | 26 | €86,892 | €74,676 | -€12,216 | -14.1% |
| Current assets | 29/58 | €115,171 | €121,522 | +€6,351 | +5.5% |
| Stocks and contracts in progress | 3 | €54,784 | €55,537 | +€753 | +1.4% |
| Stocks | 30/36 | €54,784 | €55,537 | +€753 | +1.4% |
| Amounts receivable within one year | 40/41 | €16,617 | €50,965 | +€34,348 | +207% |
| Trade receivables | 40 | €4,289 | €30,831 | +€26,542 | +619% |
| Other amounts receivable | 41 | €12,329 | €20,134 | +€7,805 | +63.3% |
| Cash at bank and in hand | 54/58 | €41,366 | €14,312 | -€27,054 | -65.4% |
| Deferred charges and accrued income | 490/1 | €2,404 | €708 | -€1,696 | -70.6% |
| Total equity and liabilities | 10/49 | €645,696 | €584,142 | -€61,554 | -9.5% |
| Equity | 10/15 | €193,302 | €217,887 | +€24,586 | +12.7% |
| Contributions | 10/11 | €20,653 | €20,653 | = | 0.0% |
| Reserves | 13 | €14,934 | €14,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,350 | €8,350 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,350 | €8,350 | = | 0.0% |
| Distributable reserves | 133 | €6,585 | €6,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,715 | €182,301 | +€24,586 | +15.6% |
| Amounts payable | 17/49 | €452,395 | €366,255 | -€86,140 | -19.0% |
| Amounts payable after more than one year | 17 | €244,705 | €174,510 | -€70,195 | -28.7% |
| Financial debts | 170/4 | €244,705 | €174,510 | -€70,195 | -28.7% |
| Amounts payable within one year | 42/48 | €188,854 | €188,010 | -€844 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €94,135 | €70,195 | -€23,940 | -25.4% |
| Financial debts | 43 | - | €766 | +€766 | |
| Credit institutions | 430/8 | - | €766 | +€766 | |
| Trade debts | 44 | €39,764 | €44,668 | +€4,905 | +12.3% |
| Suppliers | 440/4 | €39,764 | €44,668 | +€4,905 | +12.3% |
| Taxes, remuneration and social security | 45 | €23,278 | €38,227 | +€14,949 | +64.2% |
| Taxes | 450/3 | €11,023 | €30,771 | +€19,748 | +179% |
| Remuneration and social security | 454/9 | €12,254 | €7,455 | -€4,799 | -39.2% |
| Other amounts payable | 47/48 | €31,678 | €34,154 | +€2,477 | +7.8% |
| Accrued charges and deferred income | 492/3 | €18,836 | €3,734 | -€15,101 | -80.2% |
| Remuneration, social security and pensions | 62 | €169,336 | €151,218 | -€18,119 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,863 | €67,905 | +€1,043 | +1.6% |
| Other operating charges | 640/8 | €24,713 | €18,019 | -€6,694 | -27.1% |
| Gross operating margin | 9900 | €289,983 | €283,328 | -€6,655 | -2.3% |
| Operating profit (loss) | 9901 | €29,072 | €46,187 | +€17,115 | +58.9% |
| Financial income | 75/76B | €169 | €2,922 | +€2,753 | +1,630% |
| Recurring financial income | 75 | €169 | €2,922 | +€2,753 | +1,630% |
| Financial charges | 65/66B | €20,507 | €15,404 | -€5,103 | -24.9% |
| Recurring financial charges | 65 | €20,507 | €15,404 | -€5,103 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €8,734 | €33,704 | +€24,971 | +286% |
| Income taxes | 67/77 | €265 | €9,119 | +€8,854 | +3,345% |
| Profit (loss) for the period | 9904 | €8,469 | €24,586 | +€16,117 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €8,469 | €24,586 | +€16,117 | +190% |
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 1 November 2026 via checked.be.