COMINTRADE: 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.
COMINTRADE
Largest movements
- Tangible fixed assets +€6,589
up €6,589 (+116.0%), from €5,682 to €12,271
- Cash +€4,043
up €4,043 (+49.0%), from €8,249 to €12,293
mainly Net result for the year (+€10,734) and Tax, wage and social debts (+€4,033)
- Receivables within one year +€1,078
up €1,078 (+29.6%), from €3,638 to €4,716
of which Trade receivables: +€1,078
- Current investments +€1,000
up €1,000 (+44.3%), from €2,257 to €3,257
- Deferred charges and accrued income +€378
up €378 (+28.1%), from €1,348 to €1,727
- Reserves +€10,000
up €10,000 (+9168.4%), from €109 to €10,109
- Tax, wage and social debts +€4,033
up €4,033 (+284.1%), from €1,420 to €5,453
- Other debts -€1,012
no longer reported in 2025 (was €1,012)
- Profit (loss) carried forward +€734
up €734 (+11.1%), from -€6,621 to -€5,886
- Trade debts -€668
down €668 (-68.6%), from €974 to €305
- Taxes +€4,696
new in 2025: €4,696
- Gross operating margin +€2,918
up €2,918 (+18.1%), from €16,109 to €19,028
- Depreciation +€627
up €627 (+30.1%), from €2,084 to €2,711
- Other operating charges -€201
down €201 (-22.9%), from €877 to €676
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 | €21,683 | €34,771 | +€13,088 | +60.4% |
| Fixed assets | 21/28 | €6,190 | €12,779 | +€6,589 | +106.4% |
| Tangible fixed assets | 22/27 | €5,682 | €12,271 | +€6,589 | +116.0% |
| Plant, machinery and equipment | 23 | €5,682 | €12,271 | +€6,589 | +116.0% |
| Financial fixed assets | 28 | €508 | €508 | = | 0.0% |
| Current assets | 29/58 | €15,493 | €21,992 | +€6,499 | +42.0% |
| Amounts receivable within one year | 40/41 | €3,638 | €4,716 | +€1,078 | +29.6% |
| Trade receivables | 40 | €3,632 | €4,710 | +€1,078 | +29.7% |
| Other amounts receivable | 41 | €6 | €6 | = | 0.0% |
| Current investments | 50/53 | €2,257 | €3,257 | +€1,000 | +44.3% |
| Cash at bank and in hand | 54/58 | €8,249 | €12,293 | +€4,043 | +49.0% |
| Deferred charges and accrued income | 490/1 | €1,348 | €1,727 | +€378 | +28.1% |
| Total equity and liabilities | 10/49 | €21,683 | €34,771 | +€13,088 | +60.4% |
| Equity | 10/15 | €18,278 | €29,012 | +€10,734 | +58.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €109 | €10,109 | +€10,000 | +9168.4% |
| Distributable reserves | 133 | €109 | €10,109 | +€10,000 | +9168.4% |
| Profit (loss) carried forward | 14 | -€6,621 | -€5,886 | +€734 | +11.1% |
| Amounts payable | 17/49 | €3,405 | €5,759 | +€2,354 | +69.1% |
| Amounts payable within one year | 42/48 | €3,405 | €5,759 | +€2,354 | +69.1% |
| Trade debts | 44 | €974 | €305 | -€668 | -68.6% |
| Suppliers | 440/4 | €974 | €305 | -€668 | -68.6% |
| Taxes, remuneration and social security | 45 | €1,420 | €5,453 | +€4,033 | +284.1% |
| Taxes | 450/3 | €1,420 | €5,453 | +€4,033 | +284.1% |
| Other amounts payable | 47/48 | €1,012 | - | -€1,012 | |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,084 | €2,711 | +€627 | +30.1% |
| Other operating charges | 640/8 | €877 | €676 | -€201 | -22.9% |
| Gross operating margin | 9900 | €16,109 | €19,028 | +€2,918 | +18.1% |
| Operating profit (loss) | 9901 | €13,149 | €15,640 | +€2,492 | +19.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €102 | €210 | +€108 | +105.1% |
| Recurring financial charges | 65 | €102 | €210 | +€108 | +105.1% |
| Profit (loss) for the period before taxes | 9903 | €13,046 | €15,431 | +€2,385 | +18.3% |
| Income taxes | 67/77 | - | €4,696 | +€4,696 | |
| Profit (loss) for the period | 9904 | €13,046 | €10,734 | -€2,312 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,046 | €10,734 | -€2,312 | -17.7% |
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 8 October 2026 via checked.be.