COMGER: 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.
COMGER
Largest movements
- Tangible fixed assets +€203,700
up €203,700 (+29.1%), from €700,436 to €904,136
of which Plant, machinery and equipment: +€250,489
- Cash +€125,485
up €125,485 (+1186.2%), from €10,579 to €136,064
mainly Debts after one year (+€228,585) and Depreciation (+€76,411)
- Stocks and contracts +€111,944
up €111,944 (+285.4%), from €39,221 to €151,165
- Receivables within one year -€43,274
down €43,274 (-42.4%), from €102,053 to €58,779
of which Other amounts receivable: -€73,841
- Debts after one year +€228,585
up €228,585 (+65.4%), from €349,434 to €578,019
- Profit (loss) carried forward +€69,023
up €69,023 (+25.7%), from -€268,838 to -€199,815
- Advances received +€59,375
up €59,375 (+2122.1%), from €2,798 to €62,173
- Trade debts +€56,521
up €56,521 (+274.3%), from €20,608 to €77,129
- Short-term financial debts -€49,772
no longer reported in 2025 (was €49,772)
- Gross operating margin +€269,893
up €269,893, from -€10,692 to €259,201
- Depreciation +€43,508
up €43,508 (+132.2%), from €32,903 to €76,411
- Financial charges +€17,832
up €17,832 (+158.9%), from €11,221 to €29,053
- Other operating charges -€16,867
down €16,867 (-67.5%), from €25,005 to €8,138
- Staff costs +€7,723
up €7,723 (+12.3%), from €62,785 to €70,508
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 | €857,564 | €1,255,419 | +€397,855 | +46.4% |
| Fixed assets | 21/28 | €705,711 | €909,411 | +€203,700 | +28.9% |
| Tangible fixed assets | 22/27 | €700,436 | €904,136 | +€203,700 | +29.1% |
| Land and buildings | 22 | €610,436 | €571,693 | -€38,743 | -6.3% |
| Plant, machinery and equipment | 23 | €74,004 | €324,493 | +€250,489 | +338.5% |
| Furniture and vehicles | 24 | €15,996 | €7,950 | -€8,046 | -50.3% |
| Financial fixed assets | 28 | €5,275 | €5,275 | = | 0.0% |
| Current assets | 29/58 | €151,853 | €346,008 | +€194,155 | +127.9% |
| Stocks and contracts in progress | 3 | €39,221 | €151,165 | +€111,944 | +285.4% |
| Stocks | 30/36 | €39,221 | €151,165 | +€111,944 | +285.4% |
| Amounts receivable within one year | 40/41 | €102,053 | €58,779 | -€43,274 | -42.4% |
| Trade receivables | 40 | €19,288 | €49,855 | +€30,567 | +158.5% |
| Other amounts receivable | 41 | €82,765 | €8,925 | -€73,841 | -89.2% |
| Cash at bank and in hand | 54/58 | €10,579 | €136,064 | +€125,485 | +1186.2% |
| Total equity and liabilities | 10/49 | €857,564 | €1,255,419 | +€397,855 | +46.4% |
| Equity | 10/15 | -€248,378 | -€179,355 | +€69,023 | +27.8% |
| 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 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,838 | -€199,815 | +€69,023 | +25.7% |
| Amounts payable | 17/49 | €1,105,942 | €1,434,774 | +€328,832 | +29.7% |
| Amounts payable after more than one year | 17 | €349,434 | €578,019 | +€228,585 | +65.4% |
| Financial debts | 170/4 | €349,434 | €578,019 | +€228,585 | +65.4% |
| Amounts payable within one year | 42/48 | €756,508 | €856,755 | +€100,247 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €26,974 | €34,735 | +€7,761 | +28.8% |
| Financial debts | 43 | €49,772 | - | -€49,772 | |
| Credit institutions | 430/8 | €49,772 | - | -€49,772 | |
| Trade debts | 44 | €20,608 | €77,129 | +€56,521 | +274.3% |
| Suppliers | 440/4 | €20,608 | €77,129 | +€56,521 | +274.3% |
| Advances received on contracts in progress | 46 | €2,798 | €62,173 | +€59,375 | +2122.1% |
| Taxes, remuneration and social security | 45 | €13,298 | €15,291 | +€1,993 | +15.0% |
| Taxes | 450/3 | €1,609 | €1,282 | -€327 | -20.3% |
| Remuneration and social security | 454/9 | €11,689 | €14,009 | +€2,320 | +19.8% |
| Other amounts payable | 47/48 | €643,058 | €667,427 | +€24,369 | +3.8% |
| Non-recurring operating income | 76A | €1,328 | - | -€1,328 | |
| Remuneration, social security and pensions | 62 | €62,785 | €70,508 | +€7,723 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,903 | €76,411 | +€43,508 | +132.2% |
| Other operating charges | 640/8 | €25,005 | €8,138 | -€16,867 | -67.5% |
| Non-recurring operating charges | 66A | - | €7,240 | +€7,240 | |
| Gross operating margin | 9900 | -€10,692 | €259,201 | +€269,893 | |
| Operating profit (loss) | 9901 | -€131,385 | €96,904 | +€228,289 | |
| Financial income | 75/76B | - | €1,172 | +€1,172 | |
| Recurring financial income | 75 | - | €1,172 | +€1,172 | |
| Financial charges | 65/66B | €11,221 | €29,053 | +€17,832 | +158.9% |
| Recurring financial charges | 65 | €11,221 | €29,053 | +€17,832 | +158.9% |
| Profit (loss) for the period before taxes | 9903 | -€142,606 | €69,024 | +€211,630 | |
| Income taxes | 67/77 | €327 | €1 | -€326 | -99.8% |
| Profit (loss) for the period | 9904 | -€142,933 | €69,023 | +€211,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€142,933 | €69,023 | +€211,956 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.