COMELUX: 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.
COMELUX
Largest movements
- Stocks and contracts -€36,615
down €36,615 (-26.9%), from €135,897 to €99,282
- Cash +€20,920
up €20,920 (+12.0%), from €174,713 to €195,633
mainly Net result for the year (+€58,972) and Trade debts (+€39,449)
- Receivables within one year +€17,180
up €17,180 (+23.8%), from €72,234 to €89,413
of which Other amounts receivable: +€17,245
- Other debts -€52,000
down €52,000 (-52.0%), from €100,000 to €48,000
- Trade debts +€39,449
new in 2025: €39,449
- Profit (loss) carried forward +€10,972
up €10,972 (+5.3%), from €205,530 to €216,502
- Gross operating margin -€38,078
down €38,078 (-12.4%), from €306,827 to €268,749
- Taxes -€8,986
down €8,986 (-29.8%), from €30,189 to €21,204
- Staff costs -€3,595
down €3,595 (-2.0%), from €180,598 to €177,004
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 | €415,865 | €415,747 | -€119 | 0.0% |
| Fixed assets | 21/28 | €31,322 | €29,639 | -€1,684 | -5.4% |
| Tangible fixed assets | 22/27 | €31,322 | €29,639 | -€1,684 | -5.4% |
| Plant, machinery and equipment | 23 | €31,322 | €29,639 | -€1,684 | -5.4% |
| Current assets | 29/58 | €384,543 | €386,108 | +€1,565 | +0.4% |
| Stocks and contracts in progress | 3 | €135,897 | €99,282 | -€36,615 | -26.9% |
| Stocks | 30/36 | €135,897 | €99,282 | -€36,615 | -26.9% |
| Amounts receivable within one year | 40/41 | €72,234 | €89,413 | +€17,180 | +23.8% |
| Trade receivables | 40 | €65,028 | €64,963 | -€65 | -0.1% |
| Other amounts receivable | 41 | €7,205 | €24,450 | +€17,245 | +239% |
| Cash at bank and in hand | 54/58 | €174,713 | €195,633 | +€20,920 | +12.0% |
| Deferred charges and accrued income | 490/1 | €1,699 | €1,779 | +€80 | +4.7% |
| Total equity and liabilities | 10/49 | €415,865 | €415,747 | -€119 | 0.0% |
| Equity | 10/15 | €274,280 | €285,252 | +€10,972 | +4.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,530 | €216,502 | +€10,972 | +5.3% |
| Amounts payable | 17/49 | €141,585 | €130,494 | -€11,091 | -7.8% |
| Amounts payable within one year | 42/48 | €139,113 | €128,269 | -€10,844 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €2,566 | €2,556 | -€11 | -0.4% |
| Trade debts | 44 | - | €39,449 | +€39,449 | |
| Suppliers | 440/4 | - | €39,449 | +€39,449 | |
| Taxes, remuneration and social security | 45 | €36,547 | €38,265 | +€1,718 | +4.7% |
| Taxes | 450/3 | €11,529 | €9,555 | -€1,974 | -17.1% |
| Remuneration and social security | 454/9 | €25,018 | €28,710 | +€3,692 | +14.8% |
| Other amounts payable | 47/48 | €100,000 | €48,000 | -€52,000 | -52.0% |
| Accrued charges and deferred income | 492/3 | €2,472 | €2,225 | -€247 | -10.0% |
| Remuneration, social security and pensions | 62 | €180,598 | €177,004 | -€3,595 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,955 | €10,761 | +€807 | +8.1% |
| Other operating charges | 640/8 | €922 | €1,190 | +€268 | +29.0% |
| Gross operating margin | 9900 | €306,827 | €268,749 | -€38,078 | -12.4% |
| Operating profit (loss) | 9901 | €115,352 | €79,794 | -€35,557 | -30.8% |
| Financial income | 75/76B | €3,377 | €1,262 | -€2,115 | -62.6% |
| Recurring financial income | 75 | €3,377 | €1,262 | -€2,115 | -62.6% |
| Financial charges | 65/66B | €1,012 | €880 | -€132 | -13.0% |
| Recurring financial charges | 65 | €1,012 | €880 | -€132 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €117,716 | €80,176 | -€37,541 | -31.9% |
| Income taxes | 67/77 | €30,189 | €21,204 | -€8,986 | -29.8% |
| Profit (loss) for the period | 9904 | €87,527 | €58,972 | -€28,555 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,527 | €58,972 | -€28,555 | -32.6% |
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 23 October 2026 via checked.be.