COMFIMMO: 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.
COMFIMMO
Largest movements
- Receivables within one year -€32,513
down €32,513 (-21.6%), from €150,265 to €117,752
of which Trade receivables: -€36,366
- Tangible fixed assets +€28,588
up €28,588 (+220.4%), from €12,971 to €41,558
- Cash -€3,192
down €3,192 (-13.2%), from €24,210 to €21,019
mainly Investment in fixed assets (net) (-€43,471) and Other debts (-€28,696)
- Other debts -€28,696
down €28,696 (-17.1%), from €167,333 to €138,637
- Trade debts +€25,390
up €25,390 (+478.4%), from €5,308 to €30,698
- Profit (loss) carried forward -€6,877
down €6,877 (-10.8%), from -€63,688 to -€70,565
- Tax, wage and social debts +€2,580
up €2,580 (+23.9%), from €10,802 to €13,382
of which Remuneration and social security: +€3,091
- Gross operating margin -€15,077
down €15,077 (-20.0%), from €75,503 to €60,425
- Financial charges -€10,370
down €10,370 (-95.6%), from €10,851 to €481
- Depreciation +€3,801
up €3,801 (+34.3%), from €11,083 to €14,884
- Staff costs +€3,762
up €3,762 (+7.4%), from €50,517 to €54,279
- Financial income -€2,674
down €2,674 (-40.4%), from €6,617 to €3,942
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 | €187,955 | €180,351 | -€7,603 | -4.0% |
| Fixed assets | 21/28 | €12,971 | €41,558 | +€28,588 | +220.4% |
| Tangible fixed assets | 22/27 | €12,971 | €41,558 | +€28,588 | +220.4% |
| Furniture and vehicles | 24 | €12,971 | €41,558 | +€28,588 | +220.4% |
| Current assets | 29/58 | €174,984 | €138,793 | -€36,191 | -20.7% |
| Amounts receivable within one year | 40/41 | €150,265 | €117,752 | -€32,513 | -21.6% |
| Trade receivables | 40 | €36,556 | €190 | -€36,366 | -99.5% |
| Other amounts receivable | 41 | €113,709 | €117,562 | +€3,853 | +3.4% |
| Cash at bank and in hand | 54/58 | €24,210 | €21,019 | -€3,192 | -13.2% |
| Deferred charges and accrued income | 490/1 | €509 | €23 | -€486 | -95.5% |
| Total equity and liabilities | 10/49 | €187,955 | €180,351 | -€7,603 | -4.0% |
| Equity | 10/15 | €4,512 | -€2,365 | -€6,877 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,688 | -€70,565 | -€6,877 | -10.8% |
| Amounts payable | 17/49 | €183,443 | €182,717 | -€726 | -0.4% |
| Amounts payable within one year | 42/48 | €183,443 | €182,717 | -€726 | -0.4% |
| Trade debts | 44 | €5,308 | €30,698 | +€25,390 | +478.4% |
| Suppliers | 440/4 | €5,308 | €30,698 | +€25,390 | +478.4% |
| Taxes, remuneration and social security | 45 | €10,802 | €13,382 | +€2,580 | +23.9% |
| Taxes | 450/3 | €5,465 | €4,954 | -€511 | -9.3% |
| Remuneration and social security | 454/9 | €5,337 | €8,428 | +€3,091 | +57.9% |
| Other amounts payable | 47/48 | €167,333 | €138,637 | -€28,696 | -17.1% |
| Non-recurring operating income | 76A | €40 | €75 | +€35 | +88.3% |
| Remuneration, social security and pensions | 62 | €50,517 | €54,279 | +€3,762 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,083 | €14,884 | +€3,801 | +34.3% |
| Other operating charges | 640/8 | €1,091 | €997 | -€94 | -8.6% |
| Non-recurring operating charges | 66A | €581 | €0 | -€581 | -100.0% |
| Gross operating margin | 9900 | €75,503 | €60,425 | -€15,077 | -20.0% |
| Operating profit (loss) | 9901 | €12,230 | -€9,734 | -€21,965 | |
| Financial income | 75/76B | €6,617 | €3,942 | -€2,674 | -40.4% |
| Recurring financial income | 75 | €6,617 | €3,942 | -€2,674 | -40.4% |
| Financial charges | 65/66B | €10,851 | €481 | -€10,370 | -95.6% |
| Recurring financial charges | 65 | €10,851 | €481 | -€10,370 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €7,996 | -€6,273 | -€14,269 | |
| Income taxes | 67/77 | €354 | €541 | +€186 | +52.5% |
| Profit (loss) for the period | 9904 | €7,642 | -€6,814 | -€14,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,642 | -€6,814 | -€14,455 |
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 11 October 2026 via checked.be.