COMEXBAT: 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.
COMEXBAT
Largest movements
- Receivables within one year -€7,782
down €7,782 (-49.2%), from €15,826 to €8,045
of which Other amounts receivable: -€6,214
- Cash +€1,208
up €1,208 (+39.1%), from €3,087 to €4,296
mainly Receivables within one year (+€7,782) and Depreciation (+€537)
- Tangible fixed assets -€537
down €537 (-39.1%), from €1,371 to €834
- Profit (loss) carried forward -€4,084
down €4,084 (-115.7%), from -€3,531 to -€7,615
- Tax, wage and social debts -€3,026
down €3,026 (-62.6%), from €4,838 to €1,812
- Gross operating margin -€3,826
down €3,826, from €830 to -€2,997
- Taxes -€344
down €344 (-70.4%), from €489 to €145
- Financial income -€242
down €242 (-36.3%), from €666 to €424
- Depreciation -€69
down €69 (-11.3%), from €605 to €537
- Other operating charges -€43
down €43 (-5.8%), from €738 to €696
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 | €20,554 | €13,478 | -€7,076 | -34.4% |
| Fixed assets | 21/28 | €1,371 | €834 | -€537 | -39.1% |
| Tangible fixed assets | 22/27 | €1,371 | €834 | -€537 | -39.1% |
| Furniture and vehicles | 24 | €1,371 | €834 | -€537 | -39.1% |
| Current assets | 29/58 | €19,184 | €12,644 | -€6,540 | -34.1% |
| Amounts receivable within one year | 40/41 | €15,826 | €8,045 | -€7,782 | -49.2% |
| Trade receivables | 40 | €5,024 | €3,457 | -€1,568 | -31.2% |
| Other amounts receivable | 41 | €10,802 | €4,588 | -€6,214 | -57.5% |
| Cash at bank and in hand | 54/58 | €3,087 | €4,296 | +€1,208 | +39.1% |
| Deferred charges and accrued income | 490/1 | €270 | €303 | +€33 | +12.3% |
| Total equity and liabilities | 10/49 | €20,554 | €13,478 | -€7,076 | -34.4% |
| Equity | 10/15 | €15,003 | €10,919 | -€4,084 | -27.2% |
| Contributions | 10/11 | €18,534 | €18,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,531 | -€7,615 | -€4,084 | -115.7% |
| Amounts payable | 17/49 | €5,551 | €2,559 | -€2,993 | -53.9% |
| Amounts payable within one year | 42/48 | €5,551 | €2,508 | -€3,043 | -54.8% |
| Trade debts | 44 | €713 | €696 | -€16 | -2.3% |
| Suppliers | 440/4 | €713 | €696 | -€16 | -2.3% |
| Taxes, remuneration and social security | 45 | €4,838 | €1,812 | -€3,026 | -62.6% |
| Taxes | 450/3 | €4,838 | €1,812 | -€3,026 | -62.6% |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €537 | -€69 | -11.3% |
| Other operating charges | 640/8 | €738 | €696 | -€43 | -5.8% |
| Gross operating margin | 9900 | €830 | -€2,997 | -€3,826 | |
| Operating profit (loss) | 9901 | -€514 | -€4,229 | -€3,715 | -722.8% |
| Financial income | 75/76B | €666 | €424 | -€242 | -36.3% |
| Recurring financial income | 75 | €666 | €424 | -€242 | -36.3% |
| Financial charges | 65/66B | €109 | €134 | +€25 | +23.4% |
| Recurring financial charges | 65 | €109 | €134 | +€25 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €44 | -€3,939 | -€3,983 | |
| Income taxes | 67/77 | €489 | €145 | -€344 | -70.4% |
| Profit (loss) for the period | 9904 | -€445 | -€4,084 | -€3,639 | -817.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€445 | -€4,084 | -€3,639 | -817.2% |
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 30 September 2026 via checked.be.