COMFIDER: 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.
COMFIDER
Largest movements
- Cash +€150,585
up €150,585 (+133.3%), from €112,939 to €263,524
mainly Net result for the year (+€152,320) and Current investments (+€65,000)
- Current investments -€65,000
no longer reported in 2025 (was €65,000)
- Receivables within one year -€32,320
down €32,320 (-9.2%), from €350,376 to €318,056
of which Trade receivables: -€18,671
- Intangible fixed assets -€12,171
down €12,171 (-18.9%), from €64,395 to €52,224
- Tangible fixed assets -€10,439
down €10,439 (-17.4%), from €59,885 to €49,446
of which Furniture and vehicles: -€7,489
- Profit (loss) carried forward +€100,320
up €100,320 (+24.7%), from €406,920 to €507,240
- Reserves -€44,040
down €44,040 (-47.9%), from €91,999 to €47,959
of which Distributable reserves: -€44,040
- Tax, wage and social debts -€27,481
down €27,481 (-47.9%), from €57,388 to €29,907
of which Taxes: -€23,799
- Other debts +€25,999
up €25,999 (+59.1%), from €44,019 to €70,017
- Trade debts -€14,166
down €14,166 (-39.6%), from €35,759 to €21,593
- Turnover -€781,217
no longer reported in 2025 (was €781,217)
- Purchases and services -€189,936
no longer reported in 2025 (was €189,936)
- Gross operating margin -€130,555
down €130,555 (-21.3%), from €611,914 to €481,360
- Taxes -€33,045
down €33,045 (-37.9%), from €87,088 to €54,043
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 | €660,732 | €696,962 | +€36,230 | +5.5% |
| Fixed assets | 21/28 | €124,329 | €101,720 | -€22,610 | -18.2% |
| Intangible fixed assets | 21 | €64,395 | €52,224 | -€12,171 | -18.9% |
| Tangible fixed assets | 22/27 | €59,885 | €49,446 | -€10,439 | -17.4% |
| Furniture and vehicles | 24 | €34,243 | €26,754 | -€7,489 | -21.9% |
| Leasing and similar rights | 25 | €16,696 | €11,378 | -€5,318 | -31.8% |
| Other tangible fixed assets | 26 | €8,946 | €11,314 | +€2,368 | +26.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €536,402 | €595,242 | +€58,840 | +11.0% |
| Amounts receivable within one year | 40/41 | €350,376 | €318,056 | -€32,320 | -9.2% |
| Trade receivables | 40 | €335,175 | €316,504 | -€18,671 | -5.6% |
| Other amounts receivable | 41 | €15,202 | €1,552 | -€13,649 | -89.8% |
| Current investments | 50/53 | €65,000 | - | -€65,000 | |
| Cash at bank and in hand | 54/58 | €112,939 | €263,524 | +€150,585 | +133.3% |
| Deferred charges and accrued income | 490/1 | €8,087 | €13,662 | +€5,575 | +68.9% |
| Total equity and liabilities | 10/49 | €660,732 | €696,962 | +€36,230 | +5.5% |
| Equity | 10/15 | €505,117 | €561,397 | +€56,280 | +11.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €91,999 | €47,959 | -€44,040 | -47.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,477 | €29,477 | = | 0.0% |
| Distributable reserves | 133 | €60,663 | €16,623 | -€44,040 | -72.6% |
| Profit (loss) carried forward | 14 | €406,920 | €507,240 | +€100,320 | +24.7% |
| Amounts payable | 17/49 | €155,615 | €135,565 | -€20,050 | -12.9% |
| Amounts payable after more than one year | 17 | €14,048 | €9,475 | -€4,573 | -32.6% |
| Financial debts | 170/4 | €14,048 | €9,475 | -€4,573 | -32.6% |
| Amounts payable within one year | 42/48 | €141,567 | €126,090 | -€15,477 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €4,401 | €4,573 | +€172 | +3.9% |
| Trade debts | 44 | €35,759 | €21,593 | -€14,166 | -39.6% |
| Suppliers | 440/4 | €35,759 | €21,593 | -€14,166 | -39.6% |
| Taxes, remuneration and social security | 45 | €57,388 | €29,907 | -€27,481 | -47.9% |
| Taxes | 450/3 | €24,829 | €1,029 | -€23,799 | -95.9% |
| Remuneration and social security | 454/9 | €32,559 | €28,877 | -€3,682 | -11.3% |
| Other amounts payable | 47/48 | €44,019 | €70,017 | +€25,999 | +59.1% |
| Turnover | 70 | €781,217 | - | -€781,217 | |
| Goods, raw materials, services and sundry goods | 60/61 | €189,936 | - | -€189,936 | |
| Remuneration, social security and pensions | 62 | €238,895 | €240,064 | +€1,169 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,397 | €30,320 | +€923 | +3.1% |
| Other operating charges | 640/8 | €9,236 | €4,637 | -€4,598 | -49.8% |
| Gross operating margin | 9900 | €611,914 | €481,360 | -€130,555 | -21.3% |
| Operating profit (loss) | 9901 | €334,386 | €206,338 | -€128,048 | -38.3% |
| Financial income | 75/76B | €1,167 | €1,593 | +€426 | +36.5% |
| Recurring financial income | 75 | €1,167 | €1,593 | +€426 | +36.5% |
| Financial charges | 65/66B | €941 | €1,569 | +€628 | +66.7% |
| Recurring financial charges | 65 | €941 | €1,569 | +€628 | +66.7% |
| Profit (loss) for the period before taxes | 9903 | €334,613 | €206,363 | -€128,250 | -38.3% |
| Income taxes | 67/77 | €87,088 | €54,043 | -€33,045 | -37.9% |
| Profit (loss) for the period | 9904 | €247,525 | €152,320 | -€95,204 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €247,525 | €152,320 | -€95,204 | -38.5% |
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 28 September 2026 via checked.be.