COMITEL: 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.
What changed
COMITEL
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,001
2024 · €40,714-€14,713
Equity
€1.2m
2024 · €1.2m+€26,002
Cash
€1.2m
2024 · €1.2m-€4,561
Balance sheet total
€2.1m
2024 · €2.0m+€45,870
Largest movements
Assets
- Receivables within one year +€67,128
up €67,128 (+11.6%), from €578,569 to €645,697
of which Trade receivables: +€41,782
Equity and liabilities
- Profit (loss) carried forward +€26,002
up €26,002 (+2.3%), from €1.1m to €1.2m
Income statement
- Purchases and services +€53,343
up €53,343 (+17.6%), from €303,899 to €357,242
- Gross operating margin -€38,008
down €38,008 (-30.8%), from €123,412 to €85,404
- Turnover +€15,335
up €15,335 (+3.6%), from €427,311 to €442,646
- Depreciation -€13,943
down €13,943 (-58.8%), from €23,725 to €9,782
- Financial charges -€7,413
down €7,413 (-41.8%), from €17,748 to €10,335
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.
Result 2024
€40,714
Gross operating margin
-€38,008
Staff costs
-€1,116
Depreciation
+€13,943
Other operating charges
-€1,247
Financial charges
+€7,413
Taxes
+€4,302
Result 2025
€26,001
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.
From operations
+€3,454
Investment
-€8,016
Financing
+€1
Cash 2024
€1.2m
From operations (derived)
+€3,454
Net result for the year
+€26,001
Depreciation
+€9,782
Stocks and contracts
+€16,181
Receivables within one year
-€67,128
Deferred charges and accrued income
-€1,250
Trade debts
+€3,918
Tax, wage and social debts
+€5,976
Other debts
+€7,374
Accrued charges and deferred income
+€2,600
Investment (derived)
-€8,016
Investment in fixed assets (net)
-€8,016
Financing
+€1
Contributions, distributions and other
+€1
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,044,467 | €2,090,337 | +€45,870 | +2.2% |
| Fixed assets | 21/28 | €172,045 | €170,279 | -€1,766 | -1.0% |
| Tangible fixed assets | 22/27 | €170,823 | €169,057 | -€1,766 | -1.0% |
| Land and buildings | 22 | €170,823 | €162,644 | -€8,179 | -4.8% |
| Plant, machinery and equipment | 23 | - | €6,413 | +€6,413 | |
| Financial fixed assets | 28 | €1,222 | €1,222 | = | 0.0% |
| Current assets | 29/58 | €1,872,422 | €1,920,058 | +€47,636 | +2.5% |
| Stocks and contracts in progress | 3 | €47,073 | €30,892 | -€16,181 | -34.4% |
| Stocks | 30/36 | €47,073 | €30,892 | -€16,181 | -34.4% |
| Amounts receivable within one year | 40/41 | €578,569 | €645,697 | +€67,128 | +11.6% |
| Trade receivables | 40 | €139,790 | €181,572 | +€41,782 | +29.9% |
| Other amounts receivable | 41 | €438,779 | €464,125 | +€25,346 | +5.8% |
| Cash at bank and in hand | 54/58 | €1,246,780 | €1,242,219 | -€4,561 | -0.4% |
| Deferred charges and accrued income | 490/1 | - | €1,250 | +€1,250 | |
| Total equity and liabilities | 10/49 | €2,044,467 | €2,090,337 | +€45,870 | +2.2% |
| Equity | 10/15 | €1,209,039 | €1,235,041 | +€26,002 | +2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,140,839 | €1,166,841 | +€26,002 | +2.3% |
| Provisions and deferred taxes | 16 | €42,000 | €42,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €42,000 | €42,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €42,000 | €42,000 | = | 0.0% |
| Amounts payable | 17/49 | €793,428 | €813,296 | +€19,868 | +2.5% |
| Amounts payable after more than one year | 17 | €247,893 | €247,893 | = | 0.0% |
| Other amounts payable | 178/9 | €247,893 | €247,893 | = | 0.0% |
| Amounts payable within one year | 42/48 | €543,135 | €560,403 | +€17,268 | +3.2% |
| Trade debts | 44 | €200,483 | €204,401 | +€3,918 | +2.0% |
| Suppliers | 440/4 | €200,483 | €204,401 | +€3,918 | +2.0% |
| Taxes, remuneration and social security | 45 | €47,686 | €53,662 | +€5,976 | +12.5% |
| Taxes | 450/3 | €40,723 | €46,373 | +€5,650 | +13.9% |
| Remuneration and social security | 454/9 | €6,963 | €7,289 | +€326 | +4.7% |
| Other amounts payable | 47/48 | €294,966 | €302,340 | +€7,374 | +2.5% |
| Accrued charges and deferred income | 492/3 | €2,400 | €5,000 | +€2,600 | +108.3% |
| Turnover | 70 | €427,311 | €442,646 | +€15,335 | +3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €303,899 | €357,242 | +€53,343 | +17.6% |
| Remuneration, social security and pensions | 62 | €17,115 | €18,231 | +€1,116 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,725 | €9,782 | -€13,943 | -58.8% |
| Other operating charges | 640/8 | €12,122 | €13,369 | +€1,247 | +10.3% |
| Gross operating margin | 9900 | €123,412 | €85,404 | -€38,008 | -30.8% |
| Operating profit (loss) | 9901 | €70,450 | €44,022 | -€26,428 | -37.5% |
| Financial charges | 65/66B | €17,748 | €10,335 | -€7,413 | -41.8% |
| Recurring financial charges | 65 | €17,748 | €10,335 | -€7,413 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €52,702 | €33,687 | -€19,015 | -36.1% |
| Income taxes | 67/77 | €11,988 | €7,686 | -€4,302 | -35.9% |
| Profit (loss) for the period | 9904 | €40,714 | €26,001 | -€14,713 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,714 | €26,001 | -€14,713 | -36.1% |
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 2 October 2026 via checked.be.