COMEPLAN: 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.
COMEPLAN
Largest movements
- Tangible fixed assets -€14,889
down €14,889 (-4.9%), from €302,645 to €287,756
of which Land and buildings: -€13,033
- Receivables within one year +€14,787
up €14,787 (+36.0%), from €41,115 to €55,902
- Cash -€14,547
down €14,547 (-34.3%), from €42,439 to €27,892
mainly Debts after one year (-€17,316) and Receivables within one year (-€14,787)
- Stocks and contracts +€4,758
up €4,758 (+9.5%), from €49,823 to €54,581
- Debts after one year -€17,316
down €17,316 (-4.4%), from €395,305 to €377,989
- Trade debts -€12,578
down €12,578 (-30.0%), from €41,900 to €29,322
- Tax, wage and social debts +€6,890
up €6,890 (+247.1%), from €2,788 to €9,678
- Other debts +€5,806
up €5,806 (+27.7%), from €20,983 to €26,790
- Depreciation -€15,184
down €15,184 (-49.0%), from €30,989 to €15,806
- Gross operating margin +€3,947
up €3,947 (+11.3%), from €34,992 to €38,939
- Financial income +€1,781
up €1,781 (+273.1%), from €652 to €2,433
- Financial charges +€1,452
up €1,452 (+10.0%), from €14,522 to €15,974
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 | €437,704 | €426,131 | -€11,572 | -2.6% |
| Fixed assets | 21/28 | €302,645 | €287,756 | -€14,889 | -4.9% |
| Tangible fixed assets | 22/27 | €302,645 | €287,756 | -€14,889 | -4.9% |
| Land and buildings | 22 | €296,499 | €283,465 | -€13,033 | -4.4% |
| Plant, machinery and equipment | 23 | €1,487 | - | -€1,487 | |
| Furniture and vehicles | 24 | €1,501 | €2,036 | +€535 | +35.6% |
| Other tangible fixed assets | 26 | €3,158 | €2,254 | -€903 | -28.6% |
| Current assets | 29/58 | €135,059 | €138,376 | +€3,317 | +2.5% |
| Stocks and contracts in progress | 3 | €49,823 | €54,581 | +€4,758 | +9.5% |
| Stocks | 30/36 | €49,823 | €54,581 | +€4,758 | +9.5% |
| Amounts receivable within one year | 40/41 | €41,115 | €55,902 | +€14,787 | +36.0% |
| Trade receivables | 40 | €41,115 | €55,902 | +€14,787 | +36.0% |
| Cash at bank and in hand | 54/58 | €42,439 | €27,892 | -€14,547 | -34.3% |
| Deferred charges and accrued income | 490/1 | €1,682 | - | -€1,682 | |
| Total equity and liabilities | 10/49 | €437,704 | €426,131 | -€11,572 | -2.6% |
| Equity | 10/15 | -€36,693 | -€33,572 | +€3,121 | +8.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €60,542 | €60,542 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | - | -€5,000 | |
| Reserves not available under the articles | 1311 | €5,000 | - | -€5,000 | |
| Tax-exempt reserves | 132 | €55,542 | €55,542 | = | 0.0% |
| Distributable reserves | 133 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€147,235 | -€144,114 | +€3,121 | +2.1% |
| Amounts payable | 17/49 | €474,396 | €459,703 | -€14,693 | -3.1% |
| Amounts payable after more than one year | 17 | €395,305 | €377,989 | -€17,316 | -4.4% |
| Financial debts | 170/4 | €395,305 | €377,989 | -€17,316 | -4.4% |
| Amounts payable within one year | 42/48 | €79,091 | €81,714 | +€2,623 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €13,420 | €15,925 | +€2,505 | +18.7% |
| Trade debts | 44 | €41,900 | €29,322 | -€12,578 | -30.0% |
| Suppliers | 440/4 | €41,900 | €29,322 | -€12,578 | -30.0% |
| Taxes, remuneration and social security | 45 | €2,788 | €9,678 | +€6,890 | +247.1% |
| Taxes | 450/3 | €2,788 | €9,678 | +€6,890 | +247.1% |
| Other amounts payable | 47/48 | €20,983 | €26,790 | +€5,806 | +27.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,989 | €15,806 | -€15,184 | -49.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €323 | - | -€323 | |
| Other operating charges | 640/8 | €6,437 | €6,123 | -€314 | -4.9% |
| Gross operating margin | 9900 | €34,992 | €38,939 | +€3,947 | +11.3% |
| Operating profit (loss) | 9901 | -€2,757 | €17,010 | +€19,767 | |
| Financial income | 75/76B | €652 | €2,433 | +€1,781 | +273.1% |
| Recurring financial income | 75 | €652 | €2,433 | +€1,781 | +273.1% |
| Financial charges | 65/66B | €14,522 | €15,974 | +€1,452 | +10.0% |
| Recurring financial charges | 65 | €14,522 | €15,974 | +€1,452 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,627 | €3,469 | +€20,096 | |
| Income taxes | 67/77 | €146 | €349 | +€203 | +139.0% |
| Profit (loss) for the period | 9904 | -€16,773 | €3,121 | +€19,893 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,773 | €3,121 | +€19,893 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.