COMMENSE: 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.
COMMENSE
Largest movements
- Cash +€98,115
up €98,115 (+168.8%), from €58,135 to €156,249
mainly Net result for the year (+€137,613) and Trade debts (+€64,960)
- Intangible fixed assets +€43,976
new in 2025: €43,976
- Deferred charges and accrued income +€34,963
new in 2025: €34,963
- Receivables within one year +€21,370
up €21,370 (+11.0%), from €194,723 to €216,093
of which Trade receivables: +€21,587
- Tangible fixed assets +€15,113
new in 2025: €15,113
of which Plant, machinery and equipment: +€9,248
- Reserves +€138,000
up €138,000 (+129.6%), from €106,500 to €244,500
- Trade debts +€64,960
up €64,960 (+47.9%), from €135,696 to €200,656
- Tax, wage and social debts +€9,774
new in 2025: €9,774
- Gross operating margin +€50,334
up €50,334 (+40.3%), from €124,947 to €175,281
- Financial income -€10,432
down €10,432 (-40.4%), from €25,852 to €15,420
- Depreciation +€6,431
new in 2025: €6,431
- Taxes +€2,822
up €2,822 (+6.7%), from €41,900 to €44,722
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 | €252,858 | €466,395 | +€213,536 | +84.4% |
| Fixed assets | 21/28 | - | €59,089 | +€59,089 | |
| Intangible fixed assets | 21 | - | €43,976 | +€43,976 | |
| Tangible fixed assets | 22/27 | - | €15,113 | +€15,113 | |
| Plant, machinery and equipment | 23 | - | €9,248 | +€9,248 | |
| Furniture and vehicles | 24 | - | €5,865 | +€5,865 | |
| Current assets | 29/58 | €252,858 | €407,306 | +€154,448 | +61.1% |
| Amounts receivable within one year | 40/41 | €194,723 | €216,093 | +€21,370 | +11.0% |
| Trade receivables | 40 | €145,424 | €167,011 | +€21,587 | +14.8% |
| Other amounts receivable | 41 | €49,300 | €49,082 | -€218 | -0.4% |
| Cash at bank and in hand | 54/58 | €58,135 | €156,249 | +€98,115 | +168.8% |
| Deferred charges and accrued income | 490/1 | - | €34,963 | +€34,963 | |
| Total equity and liabilities | 10/49 | €252,858 | €466,395 | +€213,536 | +84.4% |
| Equity | 10/15 | €116,986 | €254,598 | +€137,613 | +117.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €106,500 | €244,500 | +€138,000 | +129.6% |
| Distributable reserves | 133 | €106,500 | €244,500 | +€138,000 | +129.6% |
| Profit (loss) carried forward | 14 | €486 | €98 | -€387 | -79.7% |
| Amounts payable | 17/49 | €135,873 | €211,796 | +€75,924 | +55.9% |
| Amounts payable within one year | 42/48 | €135,873 | €211,796 | +€75,924 | +55.9% |
| Trade debts | 44 | €135,696 | €200,656 | +€64,960 | +47.9% |
| Suppliers | 440/4 | €135,696 | €200,656 | +€64,960 | +47.9% |
| Taxes, remuneration and social security | 45 | - | €9,774 | +€9,774 | |
| Taxes | 450/3 | - | €9,774 | +€9,774 | |
| Other amounts payable | 47/48 | €177 | €1,367 | +€1,190 | +673.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,431 | +€6,431 | |
| Other operating charges | 640/8 | €890 | €607 | -€282 | -31.7% |
| Gross operating margin | 9900 | €124,947 | €175,281 | +€50,334 | +40.3% |
| Operating profit (loss) | 9901 | €124,058 | €168,243 | +€44,185 | +35.6% |
| Financial income | 75/76B | €25,852 | €15,420 | -€10,432 | -40.4% |
| Recurring financial income | 75 | €25,852 | €15,420 | -€10,432 | -40.4% |
| Financial charges | 65/66B | €1,024 | €1,328 | +€305 | +29.8% |
| Recurring financial charges | 65 | €1,024 | €1,328 | +€305 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €148,886 | €182,335 | +€33,449 | +22.5% |
| Income taxes | 67/77 | €41,900 | €44,722 | +€2,822 | +6.7% |
| Profit (loss) for the period | 9904 | €106,986 | €137,613 | +€30,627 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €106,986 | €137,613 | +€30,627 | +28.6% |
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 5 October 2026 via checked.be.