COMEXPERT: 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.
COMEXPERT
Largest movements
- Receivables within one year -€115,852
down €115,852 (-23.8%), from €486,864 to €371,012
of which Trade receivables: -€102,134
- Debts after one year -€65,000
down €65,000 (-18.8%), from €345,000 to €280,000
- Tax, wage and social debts -€33,673
down €33,673 (-73.1%), from €46,035 to €12,363
of which Taxes: -€29,637
- Trade debts -€8,098
down €8,098 (-73.7%), from €10,987 to €2,889
- Gross operating margin -€13,476
down €13,476 (-14.1%), from €95,353 to €81,878
- Turnover -€12,171
down €12,171 (-4.7%), from €257,455 to €245,284
- Staff costs -€3,765
down €3,765 (-5.3%), from €71,088 to €67,323
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.
Derived cash bridge
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 | €496,409 | €384,133 | -€112,276 | -22.6% |
| Fixed assets | 21/28 | €5,858 | €5,341 | -€517 | -8.8% |
| Tangible fixed assets | 22/27 | €5,748 | €5,231 | -€517 | -9.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €5,748 | €5,231 | -€517 | -9.0% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €490,551 | €378,792 | -€111,759 | -22.8% |
| Amounts receivable within one year | 40/41 | €486,864 | €371,012 | -€115,852 | -23.8% |
| Trade receivables | 40 | €466,176 | €364,042 | -€102,134 | -21.9% |
| Other amounts receivable | 41 | €20,688 | €6,969 | -€13,719 | -66.3% |
| Cash at bank and in hand | 54/58 | €1,123 | €4,360 | +€3,237 | +288% |
| Deferred charges and accrued income | 490/1 | €2,564 | €3,420 | +€856 | +33.4% |
| Total equity and liabilities | 10/49 | €496,409 | €384,133 | -€112,276 | -22.6% |
| Equity | 10/15 | -€14,740 | -€15,597 | -€857 | -5.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,191 | -€36,048 | -€857 | -2.4% |
| Amounts payable | 17/49 | €511,149 | €399,729 | -€111,419 | -21.8% |
| Amounts payable after more than one year | 17 | €345,000 | €280,000 | -€65,000 | -18.8% |
| Financial debts | 170/4 | €345,000 | €280,000 | -€65,000 | -18.8% |
| Amounts payable within one year | 42/48 | €166,149 | €119,729 | -€46,419 | -27.9% |
| Trade debts | 44 | €10,987 | €2,889 | -€8,098 | -73.7% |
| Suppliers | 440/4 | €10,987 | €2,889 | -€8,098 | -73.7% |
| Taxes, remuneration and social security | 45 | €46,035 | €12,363 | -€33,673 | -73.1% |
| Taxes | 450/3 | €33,974 | €4,338 | -€29,637 | -87.2% |
| Remuneration and social security | 454/9 | €12,061 | €8,025 | -€4,036 | -33.5% |
| Other amounts payable | 47/48 | €109,126 | €104,478 | -€4,648 | -4.3% |
| Turnover | 70 | €257,455 | €245,284 | -€12,171 | -4.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €162,102 | €163,407 | +€1,305 | +0.8% |
| Remuneration, social security and pensions | 62 | €71,088 | €67,323 | -€3,765 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,539 | €2,912 | -€627 | -17.7% |
| Other operating charges | 640/8 | €542 | €517 | -€25 | -4.6% |
| Gross operating margin | 9900 | €95,353 | €81,878 | -€13,476 | -14.1% |
| Operating profit (loss) | 9901 | €20,184 | €11,125 | -€9,059 | -44.9% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €14,167 | €12,000 | -€2,167 | -15.3% |
| Recurring financial charges | 65 | €14,167 | €12,000 | -€2,167 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €6,017 | -€857 | -€6,874 | |
| Profit (loss) for the period | 9904 | €6,017 | -€857 | -€6,874 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,017 | -€857 | -€6,874 |
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 18 October 2026 via checked.be.