COMET SERVICES: 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.
COMET SERVICES
Largest movements
- Receivables within one year +€63,003
up €63,003 (+7.9%), from €797,488 to €860,491
of which Other amounts receivable: +€34,057
- Cash -€50,867
down €50,867 (-32.6%), from €156,204 to €105,337
mainly Investment in fixed assets (net) (-€236,026) and Receivables within one year (-€63,003)
- Tangible fixed assets +€38,275
up €38,275 (+3.9%), from €970,102 to €1.0m
of which Leasing and similar rights: +€101,399
- Deferred charges and accrued income +€32,292
new in 2025: €32,292
- Trade debts +€105,460
up €105,460 (+22.4%), from €471,211 to €576,671
- Debts after one year -€62,301
down €62,301 (-9.1%), from €687,632 to €625,331
- Tax, wage and social debts +€46,879
up €46,879 (+15.7%), from €298,142 to €345,021
of which Taxes: +€36,722
- Profit (loss) carried forward -€23,182
down €23,182 (-23.3%), from -€99,600 to -€122,783
- Gross operating margin +€260,384
up €260,384 (+12.6%), from €2.1m to €2.3m
- Staff costs +€197,796
up €197,796 (+10.3%), from €1.9m to €2.1m
- Depreciation +€45,154
up €45,154 (+29.6%), from €152,597 to €197,751
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 | €1,924,563 | €2,007,266 | +€82,703 | +4.3% |
| Fixed assets | 21/28 | €970,871 | €1,009,146 | +€38,275 | +3.9% |
| Tangible fixed assets | 22/27 | €970,102 | €1,008,377 | +€38,275 | +3.9% |
| Land and buildings | 22 | €69,424 | €61,804 | -€7,621 | -11.0% |
| Plant, machinery and equipment | 23 | €120,757 | €87,995 | -€32,763 | -27.1% |
| Furniture and vehicles | 24 | €40,357 | €35,669 | -€4,688 | -11.6% |
| Leasing and similar rights | 25 | €256,353 | €357,752 | +€101,399 | +39.6% |
| Other tangible fixed assets | 26 | €483,211 | €439,770 | -€43,441 | -9.0% |
| Assets under construction and advance payments | 27 | - | €25,387 | +€25,387 | |
| Financial fixed assets | 28 | €769 | €769 | = | 0.0% |
| Current assets | 29/58 | €953,692 | €998,121 | +€44,429 | +4.7% |
| Amounts receivable within one year | 40/41 | €797,488 | €860,491 | +€63,003 | +7.9% |
| Trade receivables | 40 | €531,891 | €560,837 | +€28,946 | +5.4% |
| Other amounts receivable | 41 | €265,597 | €299,654 | +€34,057 | +12.8% |
| Cash at bank and in hand | 54/58 | €156,204 | €105,337 | -€50,867 | -32.6% |
| Deferred charges and accrued income | 490/1 | - | €32,292 | +€32,292 | |
| Total equity and liabilities | 10/49 | €1,924,563 | €2,007,266 | +€82,703 | +4.3% |
| Equity | 10/15 | €240,860 | €217,677 | -€23,182 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,860 | €321,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €320,000 | €320,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,600 | -€122,783 | -€23,182 | -23.3% |
| Amounts payable | 17/49 | €1,683,704 | €1,789,589 | +€105,885 | +6.3% |
| Amounts payable after more than one year | 17 | €687,632 | €625,331 | -€62,301 | -9.1% |
| Financial debts | 170/4 | €687,632 | €625,331 | -€62,301 | -9.1% |
| Amounts payable within one year | 42/48 | €996,072 | €1,164,258 | +€168,186 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €226,224 | €242,567 | +€16,343 | +7.2% |
| Trade debts | 44 | €471,211 | €576,671 | +€105,460 | +22.4% |
| Suppliers | 440/4 | €471,211 | €576,671 | +€105,460 | +22.4% |
| Taxes, remuneration and social security | 45 | €298,142 | €345,021 | +€46,879 | +15.7% |
| Taxes | 450/3 | €12,293 | €49,015 | +€36,722 | +298.7% |
| Remuneration and social security | 454/9 | €285,849 | €296,006 | +€10,157 | +3.6% |
| Other amounts payable | 47/48 | €495 | - | -€495 | |
| Remuneration, social security and pensions | 62 | €1,918,455 | €2,116,251 | +€197,796 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,597 | €197,751 | +€45,154 | +29.6% |
| Other operating charges | 640/8 | €2,253 | €4,252 | +€1,999 | +88.7% |
| Non-recurring operating charges | 66A | €762 | - | -€762 | |
| Gross operating margin | 9900 | €2,068,210 | €2,328,594 | +€260,384 | +12.6% |
| Operating profit (loss) | 9901 | -€5,858 | €10,340 | +€16,198 | |
| Financial income | 75/76B | - | €1,530 | +€1,530 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Non-recurring financial income | 76B | - | €1,526 | +€1,526 | |
| Financial charges | 65/66B | €30,789 | €33,399 | +€2,610 | +8.5% |
| Recurring financial charges | 65 | €30,789 | €33,399 | +€2,610 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,647 | -€21,529 | +€15,118 | +41.3% |
| Income taxes | 67/77 | €722 | €1,653 | +€931 | +128.9% |
| Profit (loss) for the period | 9904 | -€37,369 | -€23,182 | +€14,187 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,369 | -€23,182 | +€14,187 | +38.0% |
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.