COMMUNIC 8: 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.
COMMUNIC 8
Largest movements
- Receivables after one year +€128,426
up €128,426 (+19.6%), from €654,665 to €783,091
- Cash -€68,245
down €68,245 (-37.5%), from €182,148 to €113,903
mainly Receivables after one year (-€128,426) and Contributions, distributions and other (-€45,500)
- Tangible fixed assets -€32,112
down €32,112 (-25.6%), from €125,315 to €93,204
- Receivables within one year -€28,024
down €28,024 (-52.4%), from €53,472 to €25,447
of which Trade receivables: -€37,378
- Financial fixed assets -€22,339
down €22,339 (-8.4%), from €267,132 to €244,792
- Tax, wage and social debts -€24,627
down €24,627 (-59.5%), from €41,362 to €16,735
- Reserves +€22,500
up €22,500 (+2.0%), from €1.1m to €1.1m
of which Distributable reserves: +€22,500
- Current portion of long-term debt -€20,527
no longer reported in 2025 (was €20,527)
- Financial income -€46,551
down €46,551 (-48.5%), from €95,971 to €49,420
of which Financial income: -€35,752
- Depreciation -€7,394
down €7,394 (-22.6%), from €32,651 to €25,256
- Gross operating margin +€2,484
up €2,484 (+3.6%), from €68,840 to €71,324
- Taxes -€2,138
down €2,138 (-7.9%), from €27,070 to €24,932
- Other operating charges +€784
up €784 (+59.8%), from €1,311 to €2,095
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 | €1,282,732 | €1,260,437 | -€22,295 | -1.7% |
| Fixed assets | 21/28 | €392,447 | €337,996 | -€54,451 | -13.9% |
| Tangible fixed assets | 22/27 | €125,315 | €93,204 | -€32,112 | -25.6% |
| Furniture and vehicles | 24 | €125,315 | €93,204 | -€32,112 | -25.6% |
| Financial fixed assets | 28 | €267,132 | €244,792 | -€22,339 | -8.4% |
| Current assets | 29/58 | €890,285 | €922,441 | +€32,156 | +3.6% |
| Amounts receivable after more than one year | 29 | €654,665 | €783,091 | +€128,426 | +19.6% |
| Other amounts receivable | 291 | €654,665 | €783,091 | +€128,426 | +19.6% |
| Amounts receivable within one year | 40/41 | €53,472 | €25,447 | -€28,024 | -52.4% |
| Trade receivables | 40 | €53,324 | €15,945 | -€37,378 | -70.1% |
| Other amounts receivable | 41 | €148 | €9,502 | +€9,354 | +6315.8% |
| Cash at bank and in hand | 54/58 | €182,148 | €113,903 | -€68,245 | -37.5% |
| Total equity and liabilities | 10/49 | €1,282,732 | €1,260,437 | -€22,295 | -1.7% |
| Equity | 10/15 | €1,169,519 | €1,192,250 | +€22,730 | +1.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €1,115,359 | €1,137,859 | +€22,500 | +2.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,113,500 | €1,136,000 | +€22,500 | +2.0% |
| Profit (loss) carried forward | 14 | €47,963 | €48,193 | +€230 | +0.5% |
| Amounts payable | 17/49 | €113,213 | €68,187 | -€45,025 | -39.8% |
| Amounts payable within one year | 42/48 | €112,276 | €68,187 | -€44,089 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €20,527 | - | -€20,527 | |
| Trade debts | 44 | €5,581 | €3,420 | -€2,161 | -38.7% |
| Suppliers | 440/4 | €5,581 | €3,420 | -€2,161 | -38.7% |
| Taxes, remuneration and social security | 45 | €41,362 | €16,735 | -€24,627 | -59.5% |
| Taxes | 450/3 | €41,362 | €16,735 | -€24,627 | -59.5% |
| Other amounts payable | 47/48 | €44,807 | €48,032 | +€3,225 | +7.2% |
| Accrued charges and deferred income | 492/3 | €937 | - | -€937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,651 | €25,256 | -€7,394 | -22.6% |
| Other operating charges | 640/8 | €1,311 | €2,095 | +€784 | +59.8% |
| Gross operating margin | 9900 | €68,840 | €71,324 | +€2,484 | +3.6% |
| Operating profit (loss) | 9901 | €34,878 | €43,972 | +€9,094 | +26.1% |
| Financial income | 75/76B | €95,971 | €49,420 | -€46,551 | -48.5% |
| Recurring financial income | 75 | €57,511 | €21,759 | -€35,752 | -62.2% |
| Non-recurring financial income | 76B | €38,460 | €27,661 | -€10,799 | -28.1% |
| Financial charges | 65/66B | €853 | €230 | -€623 | -73.0% |
| Recurring financial charges | 65 | €853 | €230 | -€623 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €129,996 | €93,162 | -€36,834 | -28.3% |
| Income taxes | 67/77 | €27,070 | €24,932 | -€2,138 | -7.9% |
| Profit (loss) for the period | 9904 | €102,926 | €68,230 | -€34,696 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €102,926 | €68,230 | -€34,696 | -33.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.