COMMERG: 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.
COMMERG
Largest movements
- Cash +€101,616
up €101,616 (+65.6%), from €154,819 to €256,435
mainly Net result for the year (+€134,092) and Trade debts (+€16,114)
- Receivables within one year +€9,971
up €9,971 (+21.0%), from €47,461 to €57,432
of which Trade receivables: +€10,212
- Profit (loss) carried forward +€134,092
up €134,092 (+126%), from €106,055 to €240,148
- Tax, wage and social debts -€21,345
down €21,345 (-46.6%), from €45,813 to €24,468
of which Taxes: -€15,978
- Other debts -€18,338
down €18,338 (-87.8%), from €20,889 to €2,551
- Trade debts +€16,114
new in 2025: €16,114
- Turnover -€321,185
no longer reported in 2025 (was €321,185)
- Purchases and services -€92,679
no longer reported in 2025 (was €92,679)
- Gross operating margin +€28,706
up €28,706 (+12.6%), from €228,507 to €257,212
- Taxes +€6,554
up €6,554 (+15.8%), from €41,425 to €47,979
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.
Derived cash bridge
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 | €208,757 | €319,281 | +€110,524 | +52.9% |
| Fixed assets | 21/28 | €5,957 | €5,414 | -€542 | -9.1% |
| Tangible fixed assets | 22/27 | €1,002 | €459 | -€542 | -54.1% |
| Plant, machinery and equipment | 23 | €114 | - | -€114 | |
| Furniture and vehicles | 24 | €888 | €459 | -€428 | -48.2% |
| Financial fixed assets | 28 | €4,955 | €4,955 | = | 0.0% |
| Current assets | 29/58 | €202,800 | €313,866 | +€111,066 | +54.8% |
| Amounts receivable within one year | 40/41 | €47,461 | €57,432 | +€9,971 | +21.0% |
| Trade receivables | 40 | €46,620 | €56,832 | +€10,212 | +21.9% |
| Other amounts receivable | 41 | €841 | €600 | -€241 | -28.7% |
| Cash at bank and in hand | 54/58 | €154,819 | €256,435 | +€101,616 | +65.6% |
| Deferred charges and accrued income | 490/1 | €520 | - | -€520 | |
| Total equity and liabilities | 10/49 | €208,757 | €319,281 | +€110,524 | +52.9% |
| Equity | 10/15 | €142,055 | €276,148 | +€134,092 | +94.4% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Capital | 10 | €36,000 | - | -€36,000 | |
| Issued capital | 100 | €36,000 | - | -€36,000 | |
| Profit (loss) carried forward | 14 | €106,055 | €240,148 | +€134,092 | +126% |
| Amounts payable | 17/49 | €66,702 | €43,133 | -€23,568 | -35.3% |
| Amounts payable within one year | 42/48 | €66,702 | €43,133 | -€23,568 | -35.3% |
| Trade debts | 44 | - | €16,114 | +€16,114 | |
| Suppliers | 440/4 | - | €16,114 | +€16,114 | |
| Taxes, remuneration and social security | 45 | €45,813 | €24,468 | -€21,345 | -46.6% |
| Taxes | 450/3 | €29,835 | €13,857 | -€15,978 | -53.6% |
| Remuneration and social security | 454/9 | €15,978 | €10,611 | -€5,367 | -33.6% |
| Other amounts payable | 47/48 | €20,889 | €2,551 | -€18,338 | -87.8% |
| Turnover | 70 | €321,185 | - | -€321,185 | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,679 | - | -€92,679 | |
| Remuneration, social security and pensions | 62 | €73,274 | €73,308 | +€34 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €763 | €542 | -€221 | -29.0% |
| Other operating charges | 640/8 | €387 | €599 | +€212 | +54.7% |
| Gross operating margin | 9900 | €228,507 | €257,212 | +€28,706 | +12.6% |
| Operating profit (loss) | 9901 | €154,082 | €182,763 | +€28,681 | +18.6% |
| Financial income | 75/76B | €6 | €483 | +€477 | +8,488% |
| Recurring financial income | 75 | €6 | €483 | +€477 | +8,488% |
| Financial charges | 65/66B | €299 | €1,174 | +€875 | +293% |
| Recurring financial charges | 65 | €299 | €1,174 | +€875 | +293% |
| Profit (loss) for the period before taxes | 9903 | €153,788 | €182,071 | +€28,283 | +18.4% |
| Income taxes | 67/77 | €41,425 | €47,979 | +€6,554 | +15.8% |
| Profit (loss) for the period | 9904 | €112,363 | €134,092 | +€21,729 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,363 | €134,092 | +€21,729 | +19.3% |
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 14 October 2026 via checked.be.