COMMSI: 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.
COMMSI
Largest movements
- Cash -€30,994
down €30,994 (-77.3%), from €40,119 to €9,125
mainly Other debts (-€17,619) and Debts after one year (-€10,850)
- Tangible fixed assets -€12,232
down €12,232 (-19.6%), from €62,323 to €50,091
of which Leasing and similar rights: -€16,318
- Stocks and contracts +€10,000
new in 2026: €10,000
- Receivables within one year -€4,270
down €4,270 (-22.9%), from €18,682 to €14,411
of which Trade receivables: -€5,320
- Other debts -€17,619
down €17,619 (-94.2%), from €18,700 to €1,080
- Debts after one year -€10,850
down €10,850 (-20.3%), from €53,390 to €42,540
of which Financial debts: -€5,850
- Current portion of long-term debt -€8,487
down €8,487 (-59.2%), from €14,337 to €5,850
- Gross operating margin -€16,157
down €16,157 (-48.1%), from €33,563 to €17,407
- Depreciation -€5,036
down €5,036 (-29.2%), from €17,267 to €12,232
- Taxes -€2,512
down €2,512 (-66.5%), from €3,779 to €1,267
- Write-downs +€677
new in 2026: €677
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,381 | €84,947 | -€37,434 | -30.6% |
| Fixed assets | 21/28 | €62,323 | €50,091 | -€12,232 | -19.6% |
| Tangible fixed assets | 22/27 | €62,323 | €50,091 | -€12,232 | -19.6% |
| Plant, machinery and equipment | 23 | €3,611 | €1,847 | -€1,764 | -48.8% |
| Furniture and vehicles | 24 | €7,609 | €14,684 | +€7,075 | +93.0% |
| Leasing and similar rights | 25 | €16,318 | - | -€16,318 | |
| Other tangible fixed assets | 26 | €34,785 | €33,560 | -€1,225 | -3.5% |
| Current assets | 29/58 | €60,058 | €34,856 | -€25,203 | -42.0% |
| Stocks and contracts in progress | 3 | - | €10,000 | +€10,000 | |
| Stocks | 30/36 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €18,682 | €14,411 | -€4,270 | -22.9% |
| Trade receivables | 40 | €16,482 | €11,161 | -€5,320 | -32.3% |
| Other amounts receivable | 41 | €2,200 | €3,250 | +€1,050 | +47.7% |
| Cash at bank and in hand | 54/58 | €40,119 | €9,125 | -€30,994 | -77.3% |
| Deferred charges and accrued income | 490/1 | €1,258 | €1,319 | +€61 | +4.9% |
| Total equity and liabilities | 10/49 | €122,381 | €84,947 | -€37,434 | -30.6% |
| Equity | 10/15 | €21,836 | €22,471 | +€635 | +2.9% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €21,400 | €21,400 | = | 0.0% |
| Distributable reserves | 133 | €21,400 | €21,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316 | €951 | +€635 | +201.2% |
| Amounts payable | 17/49 | €100,546 | €62,476 | -€38,069 | -37.9% |
| Amounts payable after more than one year | 17 | €53,390 | €42,540 | -€10,850 | -20.3% |
| Financial debts | 170/4 | €23,390 | €17,540 | -€5,850 | -25.0% |
| Other amounts payable | 178/9 | €30,000 | €25,000 | -€5,000 | -16.7% |
| Amounts payable within one year | 42/48 | €47,156 | €19,936 | -€27,219 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €14,337 | €5,850 | -€8,487 | -59.2% |
| Trade debts | 44 | €8,878 | €8,428 | -€450 | -5.1% |
| Suppliers | 440/4 | €8,878 | €8,428 | -€450 | -5.1% |
| Taxes, remuneration and social security | 45 | €5,241 | €4,578 | -€663 | -12.6% |
| Taxes | 450/3 | €5,241 | €4,578 | -€663 | -12.6% |
| Other amounts payable | 47/48 | €18,700 | €1,080 | -€17,619 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,267 | €12,232 | -€5,036 | -29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €677 | +€677 | |
| Other operating charges | 640/8 | €1,493 | €1,643 | +€150 | +10.0% |
| Gross operating margin | 9900 | €33,563 | €17,407 | -€16,157 | -48.1% |
| Operating profit (loss) | 9901 | €14,803 | €2,855 | -€11,948 | -80.7% |
| Financial charges | 65/66B | €713 | €953 | +€241 | +33.7% |
| Recurring financial charges | 65 | €713 | €953 | +€241 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €14,090 | €1,902 | -€12,188 | -86.5% |
| Income taxes | 67/77 | €3,779 | €1,267 | -€2,512 | -66.5% |
| Profit (loss) for the period | 9904 | €10,311 | €635 | -€9,676 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,311 | €635 | -€9,676 | -93.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.