COMET: 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.
COMET
Largest movements
- Financial fixed assets -€707,679
down €707,679 (-90.4%), from €782,738 to €75,059
- Cash +€677,861
up €677,861 (+12420.0%), from €5,458 to €683,319
mainly Investment in fixed assets (net) (+€707,679) and Trade debts (+€37,806)
- Profit (loss) carried forward -€63,135
down €63,135 (-8.9%), from -€712,247 to -€775,382
- Trade debts +€37,806
up €37,806 (+215.0%), from €17,586 to €55,392
- Other operating charges -€9,290
down €9,290 (-95.9%), from €9,690 to €400
- Gross operating margin -€2,331
down €2,331 (-12.0%), from -€19,451 to -€21,782
- Financial charges -€273
down €273 (-6.2%), from €4,428 to €4,155
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 | €791,944 | €766,615 | -€25,329 | -3.2% |
| Fixed assets | 21/28 | €782,738 | €75,059 | -€707,679 | -90.4% |
| Financial fixed assets | 28 | €782,738 | €75,059 | -€707,679 | -90.4% |
| Current assets | 29/58 | €9,206 | €691,556 | +€682,350 | +7412.3% |
| Amounts receivable within one year | 40/41 | €3,748 | €8,237 | +€4,489 | +119.8% |
| Trade receivables | 40 | €418 | - | -€418 | |
| Other amounts receivable | 41 | €3,330 | €8,237 | +€4,907 | +147.4% |
| Cash at bank and in hand | 54/58 | €5,458 | €683,319 | +€677,861 | +12420.0% |
| Total equity and liabilities | 10/49 | €791,944 | €766,615 | -€25,329 | -3.2% |
| Equity | 10/15 | €754,358 | €691,223 | -€63,135 | -8.4% |
| Contributions | 10/11 | €1,333,277 | €1,333,277 | = | 0.0% |
| Capital | 10 | €1,333,277 | €1,333,277 | = | 0.0% |
| Issued capital | 100 | €1,333,277 | €1,333,277 | = | 0.0% |
| Reserves | 13 | €133,328 | €133,328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €133,328 | €133,328 | = | 0.0% |
| Legal reserve | 130 | €133,328 | €133,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€712,247 | -€775,382 | -€63,135 | -8.9% |
| Amounts payable | 17/49 | €37,586 | €75,392 | +€37,806 | +100.6% |
| Amounts payable within one year | 42/48 | €37,586 | €75,392 | +€37,806 | +100.6% |
| Trade debts | 44 | €17,586 | €55,392 | +€37,806 | +215.0% |
| Suppliers | 440/4 | €17,586 | €55,392 | +€37,806 | +215.0% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Other operating charges | 640/8 | €9,690 | €400 | -€9,290 | -95.9% |
| Non-recurring operating charges | 66A | - | €36,798 | +€36,798 | |
| Gross operating margin | 9900 | -€19,451 | -€21,782 | -€2,331 | -12.0% |
| Operating profit (loss) | 9901 | -€29,141 | -€58,980 | -€29,839 | -102.4% |
| Financial charges | 65/66B | €4,428 | €4,155 | -€273 | -6.2% |
| Recurring financial charges | 65 | €4,428 | €4,155 | -€273 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,569 | -€63,135 | -€29,566 | -88.1% |
| Profit (loss) for the period | 9904 | -€33,569 | -€63,135 | -€29,566 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,569 | -€63,135 | -€29,566 | -88.1% |
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.