COMMODUS: 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.
COMMODUS
Largest movements
- Cash +€460,095
up €460,095 (+969.2%), from €47,473 to €507,568
mainly Current investments (+€370,000) and Net result for the year (+€68,507)
- Current investments -€370,000
down €370,000 (-100.0%), from €370,000 to €0
- Tangible fixed assets -€18,216
down €18,216 (-22.0%), from €82,873 to €64,657
of which Furniture and vehicles: -€22,205
- Reserves +€65,507
up €65,507 (+14.4%), from €455,621 to €521,128
- Gross operating margin -€11,168
down €11,168 (-8.8%), from €126,257 to €115,089
- Depreciation +€6,551
up €6,551 (+38.2%), from €17,146 to €23,698
- Financial income -€5,494
down €5,494 (-46.2%), from €11,890 to €6,396
- Taxes -€4,539
down €4,539 (-14.5%), from €31,350 to €26,811
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 | €513,827 | €586,554 | +€72,727 | +14.2% |
| Fixed assets | 21/28 | €82,873 | €64,657 | -€18,216 | -22.0% |
| Tangible fixed assets | 22/27 | €82,873 | €64,657 | -€18,216 | -22.0% |
| Plant, machinery and equipment | 23 | - | €3,217 | +€3,217 | |
| Furniture and vehicles | 24 | €72,864 | €50,659 | -€22,205 | -30.5% |
| Other tangible fixed assets | 26 | €10,009 | €10,782 | +€773 | +7.7% |
| Current assets | 29/58 | €430,955 | €521,897 | +€90,943 | +21.1% |
| Amounts receivable within one year | 40/41 | €11,010 | €11,650 | +€640 | +5.8% |
| Other amounts receivable | 41 | €11,010 | €11,650 | +€640 | +5.8% |
| Current investments | 50/53 | €370,000 | €0 | -€370,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €47,473 | €507,568 | +€460,095 | +969.2% |
| Deferred charges and accrued income | 490/1 | €2,472 | €2,679 | +€208 | +8.4% |
| Total equity and liabilities | 10/49 | €513,827 | €586,554 | +€72,727 | +14.2% |
| Equity | 10/15 | €468,021 | €533,528 | +€65,507 | +14.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €455,621 | €521,128 | +€65,507 | +14.4% |
| Distributable reserves | 133 | €455,621 | €521,128 | +€65,507 | +14.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €45,806 | €53,027 | +€7,220 | +15.8% |
| Amounts payable within one year | 42/48 | €44,806 | €51,577 | +€6,770 | +15.1% |
| Trade debts | 44 | €262 | €189 | -€74 | -28.1% |
| Suppliers | 440/4 | €262 | €189 | -€74 | -28.1% |
| Taxes, remuneration and social security | 45 | €19,544 | €22,046 | +€2,501 | +12.8% |
| Taxes | 450/3 | €19,544 | €17,546 | -€1,999 | -10.2% |
| Remuneration and social security | 454/9 | €0 | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €25,000 | €29,343 | +€4,343 | +17.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,450 | +€450 | +45.0% |
| Non-recurring operating income | 76A | €21,188 | €0 | -€21,188 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,146 | €23,698 | +€6,551 | +38.2% |
| Other operating charges | 640/8 | €1,054 | €1,320 | +€266 | +25.3% |
| Gross operating margin | 9900 | €126,257 | €115,089 | -€11,168 | -8.8% |
| Operating profit (loss) | 9901 | €108,057 | €90,072 | -€17,985 | -16.6% |
| Financial income | 75/76B | €11,890 | €6,396 | -€5,494 | -46.2% |
| Recurring financial income | 75 | €11,890 | €6,396 | -€5,494 | -46.2% |
| Financial charges | 65/66B | €1,142 | €1,150 | +€8 | +0.7% |
| Recurring financial charges | 65 | €1,142 | €1,150 | +€8 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €118,805 | €95,317 | -€23,487 | -19.8% |
| Income taxes | 67/77 | €31,350 | €26,811 | -€4,539 | -14.5% |
| Profit (loss) for the period | 9904 | €87,455 | €68,507 | -€18,948 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,455 | €68,507 | -€18,948 | -21.7% |
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 11 October 2026 via checked.be.