COMMSQUARE: 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.
COMMSQUARE
Largest movements
- Receivables within one year -€263,791
down €263,791 (-15.1%), from €1.7m to €1.5m
of which Trade receivables: -€370,685
- Intangible fixed assets +€158,251
up €158,251 (+18.9%), from €836,194 to €994,446
- Cash +€129,316
up €129,316 (+53.4%), from €242,327 to €371,643
mainly Depreciation (+€367,802) and Receivables within one year (+€263,791)
- Trade debts +€254,492
up €254,492 (+25.7%), from €988,822 to €1.2m
- Short-term financial debts -€169,795
down €169,795 (-38.2%), from €444,144 to €274,348
- Debts after one year -€60,361
down €60,361 (-10.4%), from €580,410 to €520,049
- Gross operating margin -€81,610
down €81,610 (-7.2%), from €1.1m to €1.0m
- Depreciation +€49,734
up €49,734 (+15.6%), from €318,069 to €367,802
- Staff costs +€46,537
up €46,537 (+8.3%), from €560,466 to €607,004
- Financial income +€13,580
up €13,580 (+107.0%), from €12,690 to €26,270
- Financial charges +€12,287
up €12,287 (+13.1%), from €93,869 to €106,156
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,095,194 | €3,146,874 | +€51,679 | +1.7% |
| Fixed assets | 21/28 | €1,029,541 | €1,202,656 | +€173,115 | +16.8% |
| Intangible fixed assets | 21 | €836,194 | €994,446 | +€158,251 | +18.9% |
| Tangible fixed assets | 22/27 | €160,101 | €166,764 | +€6,663 | +4.2% |
| Plant, machinery and equipment | 23 | €89,416 | €71,735 | -€17,681 | -19.8% |
| Furniture and vehicles | 24 | €21,277 | €14,629 | -€6,648 | -31.2% |
| Leasing and similar rights | 25 | €46,751 | €78,649 | +€31,898 | +68.2% |
| Other tangible fixed assets | 26 | €2,657 | €1,751 | -€906 | -34.1% |
| Financial fixed assets | 28 | €33,246 | €41,447 | +€8,201 | +24.7% |
| Current assets | 29/58 | €2,065,653 | €1,944,217 | -€121,436 | -5.9% |
| Amounts receivable within one year | 40/41 | €1,743,933 | €1,480,143 | -€263,791 | -15.1% |
| Trade receivables | 40 | €1,743,933 | €1,373,249 | -€370,685 | -21.3% |
| Other amounts receivable | 41 | - | €106,894 | +€106,894 | |
| Cash at bank and in hand | 54/58 | €242,327 | €371,643 | +€129,316 | +53.4% |
| Deferred charges and accrued income | 490/1 | €79,393 | €92,431 | +€13,039 | +16.4% |
| Total equity and liabilities | 10/49 | €3,095,194 | €3,146,874 | +€51,679 | +1.7% |
| Equity | 10/15 | €483,450 | €462,648 | -€20,802 | -4.3% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Capital | 10 | €115,000 | €115,000 | = | 0.0% |
| Issued capital | 100 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €29,000 | €29,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €339,450 | €318,648 | -€20,802 | -6.1% |
| Amounts payable | 17/49 | €2,611,744 | €2,684,226 | +€72,482 | +2.8% |
| Amounts payable after more than one year | 17 | €580,410 | €520,049 | -€60,361 | -10.4% |
| Financial debts | 170/4 | €580,410 | €520,049 | -€60,361 | -10.4% |
| Amounts payable within one year | 42/48 | €1,779,723 | €1,888,821 | +€109,098 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €181,706 | €208,005 | +€26,300 | +14.5% |
| Financial debts | 43 | €444,144 | €274,348 | -€169,795 | -38.2% |
| Credit institutions | 430/8 | €444,144 | €274,348 | -€169,795 | -38.2% |
| Trade debts | 44 | €988,822 | €1,243,314 | +€254,492 | +25.7% |
| Suppliers | 440/4 | €988,822 | €1,243,314 | +€254,492 | +25.7% |
| Taxes, remuneration and social security | 45 | €127,597 | €139,913 | +€12,316 | +9.7% |
| Taxes | 450/3 | €69,676 | €73,452 | +€3,777 | +5.4% |
| Remuneration and social security | 454/9 | €57,922 | €66,461 | +€8,539 | +14.7% |
| Other amounts payable | 47/48 | €37,454 | €23,240 | -€14,214 | -37.9% |
| Accrued charges and deferred income | 492/3 | €251,611 | €275,356 | +€23,745 | +9.4% |
| Remuneration, social security and pensions | 62 | €560,466 | €607,004 | +€46,537 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,069 | €367,802 | +€49,734 | +15.6% |
| Other operating charges | 640/8 | €5,464 | €8,490 | +€3,026 | +55.4% |
| Gross operating margin | 9900 | €1,129,782 | €1,048,172 | -€81,610 | -7.2% |
| Operating profit (loss) | 9901 | €245,783 | €64,876 | -€180,907 | -73.6% |
| Financial income | 75/76B | €12,690 | €26,270 | +€13,580 | +107.0% |
| Recurring financial income | 75 | €12,690 | €26,270 | +€13,580 | +107.0% |
| Financial charges | 65/66B | €93,869 | €106,156 | +€12,287 | +13.1% |
| Recurring financial charges | 65 | €93,869 | €106,156 | +€12,287 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €164,604 | -€15,010 | -€179,614 | |
| Income taxes | 67/77 | - | €5,793 | +€5,793 | |
| Profit (loss) for the period | 9904 | €164,604 | -€20,802 | -€185,407 | |
| Profit (loss) for the period to be appropriated | 9905 | €164,604 | -€20,802 | -€185,407 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.