COMINO: 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.
COMINO
Largest movements
- Cash -€14,194
down €14,194 (-37.3%), from €38,024 to €23,830
mainly Other debts (-€42,697) and Receivables within one year (-€950)
- Tangible fixed assets -€5,479
down €5,479 (-6.2%), from €88,044 to €82,566
- Other debts -€42,697
down €42,697 (-58.0%), from €73,669 to €30,973
- Profit (loss) carried forward +€23,074
up €23,074 (+78.6%), from €29,357 to €52,431
- Gross operating margin +€11,331
up €11,331 (+42.2%), from €26,878 to €38,209
- Taxes +€2,921
up €2,921 (+53.2%), from €5,486 to €8,406
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 | €131,094 | €112,472 | -€18,621 | -14.2% |
| Fixed assets | 21/28 | €88,044 | €82,566 | -€5,479 | -6.2% |
| Tangible fixed assets | 22/27 | €88,044 | €82,566 | -€5,479 | -6.2% |
| Land and buildings | 22 | €88,044 | €82,566 | -€5,479 | -6.2% |
| Current assets | 29/58 | €43,049 | €29,907 | -€13,143 | -30.5% |
| Amounts receivable within one year | 40/41 | €3,725 | €4,675 | +€950 | +25.5% |
| Trade receivables | 40 | €3,725 | €4,675 | +€950 | +25.5% |
| Current investments | 50/53 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €38,024 | €23,830 | -€14,194 | -37.3% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,401 | +€101 | +7.8% |
| Total equity and liabilities | 10/49 | €131,094 | €112,472 | -€18,621 | -14.2% |
| Equity | 10/15 | €49,817 | €72,891 | +€23,074 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,357 | €52,431 | +€23,074 | +78.6% |
| Amounts payable | 17/49 | €81,277 | €39,581 | -€41,695 | -51.3% |
| Amounts payable within one year | 42/48 | €81,277 | €39,581 | -€41,695 | -51.3% |
| Trade debts | 44 | €202 | €203 | +€1 | +0.3% |
| Suppliers | 440/4 | €202 | €203 | +€1 | +0.3% |
| Taxes, remuneration and social security | 45 | €7,405 | €8,406 | +€1,001 | +13.5% |
| Taxes | 450/3 | €7,405 | €8,406 | +€1,001 | +13.5% |
| Other amounts payable | 47/48 | €73,669 | €30,973 | -€42,697 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,479 | €5,479 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,274 | €1,219 | -€55 | -4.3% |
| Gross operating margin | 9900 | €26,878 | €38,209 | +€11,331 | +42.2% |
| Operating profit (loss) | 9901 | €20,125 | €31,511 | +€11,386 | +56.6% |
| Financial charges | 65/66B | €29 | €32 | +€3 | +10.5% |
| Recurring financial charges | 65 | €29 | €32 | +€3 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €20,097 | €31,480 | +€11,383 | +56.6% |
| Income taxes | 67/77 | €5,486 | €8,406 | +€2,921 | +53.2% |
| Profit (loss) for the period | 9904 | €14,611 | €23,074 | +€8,462 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,611 | €23,074 | +€8,462 | +57.9% |
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 3 October 2026 via checked.be.