COMFIRM: 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.
COMFIRM
Largest movements
- Tangible fixed assets +€6,362
up €6,362 (+49.8%), from €12,766 to €19,128
of which Plant, machinery and equipment: +€4,664
- Cash -€3,686
down €3,686 (-27.2%), from €13,527 to €9,841
mainly Other debts (-€12,521) and Investment in fixed assets (net) (-€11,874)
- Receivables within one year -€2,787
down €2,787 (-78.0%), from €3,571 to €785
of which Trade receivables: -€1,860
- Other debts -€12,521
down €12,521 (-54.2%), from €23,082 to €10,561
- Profit (loss) carried forward +€11,864
up €11,864 (+80.1%), from -€14,819 to -€2,956
- Trade debts +€579
up €579 (+579%), from €100 to €679
- Gross operating margin +€10,236
up €10,236 (+87.8%), from €11,657 to €21,893
- Taxes +€3,556
up €3,556 (+2,223%), from €160 to €3,716
- Depreciation +€2,544
up €2,544 (+85.7%), from €2,968 to €5,512
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 | €29,864 | €29,754 | -€110 | -0.4% |
| Fixed assets | 21/28 | €12,766 | €19,128 | +€6,362 | +49.8% |
| Tangible fixed assets | 22/27 | €12,766 | €19,128 | +€6,362 | +49.8% |
| Plant, machinery and equipment | 23 | €12,766 | €17,430 | +€4,664 | +36.5% |
| Furniture and vehicles | 24 | - | €1,698 | +€1,698 | |
| Current assets | 29/58 | €17,098 | €10,626 | -€6,473 | -37.9% |
| Amounts receivable within one year | 40/41 | €3,571 | €785 | -€2,787 | -78.0% |
| Trade receivables | 40 | €1,860 | - | -€1,860 | |
| Other amounts receivable | 41 | €1,711 | €785 | -€927 | -54.2% |
| Cash at bank and in hand | 54/58 | €13,527 | €9,841 | -€3,686 | -27.2% |
| Total equity and liabilities | 10/49 | €29,864 | €29,754 | -€110 | -0.4% |
| Equity | 10/15 | €5,641 | €17,504 | +€11,864 | +210% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€14,819 | -€2,956 | +€11,864 | +80.1% |
| Amounts payable | 17/49 | €24,223 | €12,249 | -€11,974 | -49.4% |
| Amounts payable within one year | 42/48 | €24,223 | €12,249 | -€11,974 | -49.4% |
| Trade debts | 44 | €100 | €679 | +€579 | +579% |
| Suppliers | 440/4 | €100 | €679 | +€579 | +579% |
| Taxes, remuneration and social security | 45 | €1,041 | €1,009 | -€32 | -3.1% |
| Taxes | 450/3 | €1,041 | €1,009 | -€32 | -3.1% |
| Other amounts payable | 47/48 | €23,082 | €10,561 | -€12,521 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,968 | €5,512 | +€2,544 | +85.7% |
| Other operating charges | 640/8 | €753 | €674 | -€80 | -10.6% |
| Gross operating margin | 9900 | €11,657 | €21,893 | +€10,236 | +87.8% |
| Operating profit (loss) | 9901 | €7,936 | €15,708 | +€7,772 | +97.9% |
| Financial income | 75/76B | €16 | €3 | -€13 | -83.2% |
| Recurring financial income | 75 | €16 | €3 | -€13 | -83.2% |
| Financial charges | 65/66B | €148 | €131 | -€17 | -11.6% |
| Recurring financial charges | 65 | €148 | €131 | -€17 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €7,804 | €15,580 | +€7,776 | +99.6% |
| Income taxes | 67/77 | €160 | €3,716 | +€3,556 | +2,223% |
| Profit (loss) for the period | 9904 | €7,644 | €11,864 | +€4,219 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,644 | €11,864 | +€4,219 | +55.2% |
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 19 October 2026 via checked.be.