COMIJN: 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.
COMIJN
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+87.7%), from €1.3m to €2.5m
of which Plant, machinery and equipment: +€629,014
- Cash +€40,827
up €40,827 (+1008.7%), from €4,048 to €44,875
mainly Debts after one year (+€805,967) and Trade debts (+€159,530)
- Debts after one year +€805,967
up €805,967 (+78.6%), from €1.0m to €1.8m
- Trade debts +€159,530
up €159,530 (+45.5%), from €350,331 to €509,861
- Short-term financial debts +€127,471
up €127,471 (+299.7%), from €42,529 to €170,000
of which Other loans: +€170,000
- Current portion of long-term debt +€124,225
up €124,225 (+199.2%), from €62,353 to €186,578
- Gross operating margin +€77,418
up €77,418 (+12.3%), from €627,648 to €705,066
- Financial charges +€42,560
up €42,560 (+208.6%), from €20,398 to €62,958
of which Financial charges: +€42,024
- Depreciation +€39,255
up €39,255 (+38.3%), from €102,364 to €141,619
- Staff costs +€31,160
up €31,160 (+6.9%), from €454,106 to €485,266
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 | €2,089,267 | €3,297,869 | +€1.2m | +57.8% |
| Fixed assets | 21/28 | €1,391,391 | €2,521,544 | +€1.1m | +81.2% |
| Intangible fixed assets | 21 | €51,500 | €27,500 | -€24,000 | -46.6% |
| Tangible fixed assets | 22/27 | €1,315,606 | €2,469,759 | +€1.2m | +87.7% |
| Land and buildings | 22 | €1,079,500 | €1,344,798 | +€265,298 | +24.6% |
| Plant, machinery and equipment | 23 | €35,972 | €664,986 | +€629,014 | +1748.6% |
| Furniture and vehicles | 24 | €200,134 | €145,114 | -€55,021 | -27.5% |
| Leasing and similar rights | 25 | - | €314,861 | +€314,861 | |
| Financial fixed assets | 28 | €24,285 | €24,285 | = | 0.0% |
| Current assets | 29/58 | €697,876 | €776,325 | +€78,450 | +11.2% |
| Stocks and contracts in progress | 3 | €54,434 | €65,411 | +€10,977 | +20.2% |
| Stocks | 30/36 | €54,434 | €65,411 | +€10,977 | +20.2% |
| Amounts receivable within one year | 40/41 | €639,394 | €666,040 | +€26,646 | +4.2% |
| Trade receivables | 40 | €624,157 | €662,704 | +€38,547 | +6.2% |
| Other amounts receivable | 41 | €15,237 | €3,336 | -€11,901 | -78.1% |
| Cash at bank and in hand | 54/58 | €4,048 | €44,875 | +€40,827 | +1008.7% |
| Total equity and liabilities | 10/49 | €2,089,267 | €3,297,869 | +€1.2m | +57.8% |
| Equity | 10/15 | €411,597 | €423,094 | +€11,497 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €383,000 | €383,000 | = | 0.0% |
| Distributable reserves | 133 | €383,000 | €383,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,997 | €21,494 | +€11,497 | +115.0% |
| Amounts payable | 17/49 | €1,677,670 | €2,874,775 | +€1.2m | +71.4% |
| Amounts payable after more than one year | 17 | €1,025,375 | €1,831,342 | +€805,967 | +78.6% |
| Financial debts | 170/4 | €1,025,375 | €1,831,342 | +€805,967 | +78.6% |
| Amounts payable within one year | 42/48 | €652,295 | €1,043,432 | +€391,138 | +60.0% |
| Current portion of amounts payable after more than one year | 42 | €62,353 | €186,578 | +€124,225 | +199.2% |
| Financial debts | 43 | €42,529 | €170,000 | +€127,471 | +299.7% |
| Credit institutions | 430/8 | €42,529 | - | -€42,529 | |
| Other loans | 439 | - | €170,000 | +€170,000 | |
| Trade debts | 44 | €350,331 | €509,861 | +€159,530 | +45.5% |
| Suppliers | 440/4 | €350,331 | €509,861 | +€159,530 | +45.5% |
| Taxes, remuneration and social security | 45 | €87,059 | €70,642 | -€16,417 | -18.9% |
| Taxes | 450/3 | €30,685 | €9,110 | -€21,574 | -70.3% |
| Remuneration and social security | 454/9 | €56,374 | €61,532 | +€5,158 | +9.1% |
| Other amounts payable | 47/48 | €110,023 | €106,351 | -€3,672 | -3.3% |
| Remuneration, social security and pensions | 62 | €454,106 | €485,266 | +€31,160 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,364 | €141,619 | +€39,255 | +38.3% |
| Other operating charges | 640/8 | €2,089 | €3,398 | +€1,310 | +62.7% |
| Gross operating margin | 9900 | €627,648 | €705,066 | +€77,418 | +12.3% |
| Operating profit (loss) | 9901 | €69,088 | €74,782 | +€5,694 | +8.2% |
| Financial charges | 65/66B | €20,398 | €62,958 | +€42,560 | +208.6% |
| Recurring financial charges | 65 | €20,398 | €62,422 | +€42,024 | +206.0% |
| Non-recurring financial charges | 66B | - | €536 | +€536 | |
| Profit (loss) for the period before taxes | 9903 | €48,690 | €11,825 | -€36,866 | -75.7% |
| Income taxes | 67/77 | €2,042 | €328 | -€1,715 | -84.0% |
| Profit (loss) for the period | 9904 | €46,648 | €11,497 | -€35,151 | -75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,648 | €11,497 | -€35,151 | -75.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.