COMMENSALIST: what changed
Two financial 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.
COMMENSALIST
Largest movements
- Tangible fixed assets -€14,790
down €14,790 (-9.2%), from €161,313 to €146,524
of which Land and buildings: -€7,689
- Receivables within one year +€8,668
up €8,668 (+16.1%), from €53,675 to €62,344
of which Trade receivables: +€11,482
- Cash +€7,153
up €7,153 (+93.8%), from €7,624 to €14,777
mainly Depreciation (+€19,942) and Other debts (+€4,293)
- Tax, wage and social debts -€8,083
down €8,083 (-63.2%), from €12,795 to €4,712
- Other debts +€4,293
up €4,293 (+3.9%), from €109,667 to €113,960
- Debts after one year -€4,201
down €4,201 (-5.8%), from €72,696 to €68,495
- Profit (loss) carried forward +€4,018
up €4,018 (+15.6%), from -€25,812 to -€21,795
- Trade debts +€3,357
up €3,357 (+187.8%), from €1,787 to €5,144
- Gross operating margin +€41,174
up €41,174, from -€8,357 to €32,816
- Depreciation +€5,462
up €5,462 (+37.7%), from €14,480 to €19,942
- Financial charges +€2,841
up €2,841 (+126.5%), from €2,246 to €5,087
- Taxes +€552
up €552, from €0 to €552
- Staff costs +€334
up €334 (+27.5%), from €1,216 to €1,550
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 | €230,066 | €228,861 | -€1,205 | -0.5% |
| Fixed assets | 21/28 | €163,530 | €147,740 | -€15,790 | -9.7% |
| Intangible fixed assets | 21 | €2,216 | €1,216 | -€1,000 | -45.1% |
| Tangible fixed assets | 22/27 | €161,313 | €146,524 | -€14,790 | -9.2% |
| Land and buildings | 22 | €110,719 | €103,030 | -€7,689 | -6.9% |
| Plant, machinery and equipment | 23 | €41,535 | €35,272 | -€6,263 | -15.1% |
| Furniture and vehicles | 24 | €9,060 | €8,222 | -€838 | -9.2% |
| Current assets | 29/58 | €66,536 | €81,121 | +€14,585 | +21.9% |
| Amounts receivable within one year | 40/41 | €53,675 | €62,344 | +€8,668 | +16.1% |
| Trade receivables | 40 | €45,946 | €57,428 | +€11,482 | +25.0% |
| Other amounts receivable | 41 | €7,729 | €4,916 | -€2,813 | -36.4% |
| Current investments | 50/53 | €5,237 | €4,000 | -€1,237 | -23.6% |
| Cash at bank and in hand | 54/58 | €7,624 | €14,777 | +€7,153 | +93.8% |
| Total equity and liabilities | 10/49 | €230,066 | €228,861 | -€1,205 | -0.5% |
| Equity | 10/15 | €27,743 | €31,761 | +€4,018 | +14.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €33,555 | €33,555 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €33,555 | €33,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,812 | -€21,795 | +€4,018 | +15.6% |
| Amounts payable | 17/49 | €202,323 | €197,101 | -€5,223 | -2.6% |
| Amounts payable after more than one year | 17 | €72,696 | €68,495 | -€4,201 | -5.8% |
| Financial debts | 170/4 | €72,696 | €68,495 | -€4,201 | -5.8% |
| Amounts payable within one year | 42/48 | €129,628 | €128,017 | -€1,611 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €3,977 | €4,201 | +€223 | +5.6% |
| Financial debts | 43 | €1,401 | €0 | -€1,401 | -100.0% |
| Other loans | 439 | €1,401 | €0 | -€1,401 | -100.0% |
| Trade debts | 44 | €1,787 | €5,144 | +€3,357 | +187.8% |
| Suppliers | 440/4 | €1,787 | €5,144 | +€3,357 | +187.8% |
| Taxes, remuneration and social security | 45 | €12,795 | €4,712 | -€8,083 | -63.2% |
| Taxes | 450/3 | €12,795 | €4,712 | -€8,083 | -63.2% |
| Other amounts payable | 47/48 | €109,667 | €113,960 | +€4,293 | +3.9% |
| Accrued charges and deferred income | 492/3 | - | €589 | +€589 | |
| Remuneration, social security and pensions | 62 | €1,216 | €1,550 | +€334 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,480 | €19,942 | +€5,462 | +37.7% |
| Other operating charges | 640/8 | €1,761 | €1,576 | -€184 | -10.5% |
| Non-recurring operating charges | 66A | €191 | €94 | -€97 | -50.8% |
| Gross operating margin | 9900 | -€8,357 | €32,816 | +€41,174 | |
| Operating profit (loss) | 9901 | -€26,006 | €9,653 | +€35,659 | |
| Financial income | 75/76B | €52 | €4 | -€48 | -92.3% |
| Recurring financial income | 75 | €52 | €4 | -€48 | -92.3% |
| Financial charges | 65/66B | €2,246 | €5,087 | +€2,841 | +126.5% |
| Recurring financial charges | 65 | €2,246 | €5,087 | +€2,841 | +126.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,200 | €4,570 | +€32,770 | |
| Income taxes | 67/77 | €0 | €552 | +€552 | |
| Profit (loss) for the period | 9904 | -€28,200 | €4,018 | +€32,217 | |
| Transfer from tax-exempt reserves | 789 | €2,387 | €0 | -€2,387 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,812 | €4,018 | +€29,830 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.