Comet Technics: 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 Technics
Largest movements
- Tangible fixed assets +€77,275
up €77,275 (+7.5%), from €1.0m to €1.1m
of which Plant, machinery and equipment: +€66,914
- Stocks and contracts +€60,217
up €60,217 (+80.8%), from €74,566 to €134,783
of which Contracts in progress: +€65,500
- Intangible fixed assets +€27,836
up €27,836 (+653.0%), from €4,263 to €32,099
- Receivables within one year -€24,350
down €24,350 (-19.6%), from €124,104 to €99,755
of which Trade receivables: -€27,633
- Reserves +€85,260
up €85,260 (+18.8%), from €452,745 to €538,004
- Short-term financial debts +€75,000
up €75,000 (+150.0%), from €50,000 to €125,000
- Debts after one year -€60,094
down €60,094 (-11.2%), from €538,907 to €478,814
- Other debts +€40,355
up €40,355 (+5240.6%), from €770 to €41,125
- Tax, wage and social debts +€22,234
up €22,234 (+146.6%), from €15,171 to €37,405
of which Remuneration and social security: +€16,219
- Gross operating margin +€117,733
up €117,733 (+44.6%), from €263,912 to €381,645
- Staff costs +€74,634
up €74,634 (+166.2%), from €44,894 to €119,529
- Taxes +€18,556
up €18,556 (+108.8%), from €17,048 to €35,604
- Depreciation +€10,534
up €10,534 (+10.6%), from €99,376 to €109,909
- Financial charges +€10,376
up €10,376 (+76.8%), from €13,517 to €23,893
of which Non-recurring financial charges: +€12,414
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 | €1,240,410 | €1,396,183 | +€155,773 | +12.6% |
| Fixed assets | 21/28 | €1,032,340 | €1,137,451 | +€105,111 | +10.2% |
| Intangible fixed assets | 21 | €4,263 | €32,099 | +€27,836 | +653.0% |
| Tangible fixed assets | 22/27 | €1,024,817 | €1,102,092 | +€77,275 | +7.5% |
| Land and buildings | 22 | €857,848 | €860,177 | +€2,329 | +0.3% |
| Plant, machinery and equipment | 23 | €52,570 | €119,485 | +€66,914 | +127.3% |
| Furniture and vehicles | 24 | €114,400 | €122,431 | +€8,031 | +7.0% |
| Financial fixed assets | 28 | €3,260 | €3,260 | = | 0.0% |
| Current assets | 29/58 | €208,070 | €258,732 | +€50,662 | +24.3% |
| Stocks and contracts in progress | 3 | €74,566 | €134,783 | +€60,217 | +80.8% |
| Stocks | 30/36 | €74,566 | €69,283 | -€5,283 | -7.1% |
| Contracts in progress | 37 | - | €65,500 | +€65,500 | |
| Amounts receivable within one year | 40/41 | €124,104 | €99,755 | -€24,350 | -19.6% |
| Trade receivables | 40 | €123,593 | €95,960 | -€27,633 | -22.4% |
| Other amounts receivable | 41 | €512 | €3,795 | +€3,283 | +641.8% |
| Cash at bank and in hand | 54/58 | €3,537 | €15,507 | +€11,970 | +338.4% |
| Deferred charges and accrued income | 490/1 | €5,863 | €8,687 | +€2,825 | +48.2% |
| Total equity and liabilities | 10/49 | €1,240,410 | €1,396,183 | +€155,773 | +12.6% |
| Equity | 10/15 | €473,205 | €558,464 | +€85,260 | +18.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €452,745 | €538,004 | +€85,260 | +18.8% |
| Distributable reserves | 133 | €452,745 | €538,004 | +€85,260 | +18.8% |
| Amounts payable | 17/49 | €767,206 | €837,719 | +€70,513 | +9.2% |
| Amounts payable after more than one year | 17 | €538,907 | €478,814 | -€60,094 | -11.2% |
| Financial debts | 170/4 | €538,907 | €478,814 | -€60,094 | -11.2% |
| Amounts payable within one year | 42/48 | €228,299 | €358,905 | +€130,607 | +57.2% |
| Current portion of amounts payable after more than one year | 42 | €59,004 | €60,094 | +€1,090 | +1.8% |
| Financial debts | 43 | €50,000 | €125,000 | +€75,000 | +150.0% |
| Credit institutions | 430/8 | €50,000 | €125,000 | +€75,000 | +150.0% |
| Trade debts | 44 | €103,354 | €95,282 | -€8,072 | -7.8% |
| Suppliers | 440/4 | €103,354 | €95,282 | -€8,072 | -7.8% |
| Taxes, remuneration and social security | 45 | €15,171 | €37,405 | +€22,234 | +146.6% |
| Taxes | 450/3 | €7,048 | €13,063 | +€6,014 | +85.3% |
| Remuneration and social security | 454/9 | €8,122 | €24,342 | +€16,219 | +199.7% |
| Other amounts payable | 47/48 | €770 | €41,125 | +€40,355 | +5240.6% |
| Non-recurring operating income | 76A | €5,165 | €10,299 | +€5,134 | +99.4% |
| Remuneration, social security and pensions | 62 | €44,894 | €119,529 | +€74,634 | +166.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,376 | €109,909 | +€10,534 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,068 | - | +€5,068 | |
| Other operating charges | 640/8 | €13,118 | €8,388 | -€4,729 | -36.1% |
| Gross operating margin | 9900 | €263,912 | €381,645 | +€117,733 | +44.6% |
| Operating profit (loss) | 9901 | €111,592 | €143,819 | +€32,226 | +28.9% |
| Financial income | 75/76B | €828 | €938 | +€111 | +13.4% |
| Recurring financial income | 75 | €828 | €938 | +€111 | +13.4% |
| Financial charges | 65/66B | €13,517 | €23,893 | +€10,376 | +76.8% |
| Recurring financial charges | 65 | €13,390 | €11,353 | -€2,038 | -15.2% |
| Non-recurring financial charges | 66B | €126 | €12,540 | +€12,414 | +9823.5% |
| Profit (loss) for the period before taxes | 9903 | €98,903 | €120,864 | +€21,961 | +22.2% |
| Income taxes | 67/77 | €17,048 | €35,604 | +€18,556 | +108.8% |
| Profit (loss) for the period | 9904 | €81,855 | €85,260 | +€3,405 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €81,855 | €85,260 | +€3,405 | +4.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.