COMMUNICART: 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.
COMMUNICART
Largest movements
- Deferred charges and accrued income -€19,292
down €19,292 (-55.1%), from €34,996 to €15,704
- Tangible fixed assets -€11,640
down €11,640 (-23.2%), from €50,123 to €38,483
of which Furniture and vehicles: -€11,172
- Cash +€10,578
up €10,578 (+15.9%), from €66,353 to €76,931
mainly Deferred charges and accrued income (+€19,292) and Depreciation (+€11,640)
- Receivables within one year +€10,294
up €10,294 (+964%), from €1,068 to €11,362
of which Trade receivables: +€7,546
- Reserves -€22,590
down €22,590 (-17.8%), from €126,861 to €104,271
of which Distributable reserves: -€22,590
- Trade debts +€10,268
up €10,268 (+140%), from €7,331 to €17,599
- Other debts +€3,844
up €3,844 (+83.8%), from €4,589 to €8,433
- Profit (loss) carried forward -€2,218
down €2,218 (-100%), from €2,218 to €0
- Gross operating margin -€33,801
down €33,801, from €28,084 to -€5,717
- Taxes -€7,583
down €7,583 (-97.3%), from €7,792 to €209
- Depreciation +€3,708
up €3,708 (+46.7%), from €7,932 to €11,640
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 | €159,750 | €149,690 | -€10,060 | -6.3% |
| Fixed assets | 21/28 | €57,323 | €45,683 | -€11,640 | -20.3% |
| Tangible fixed assets | 22/27 | €50,123 | €38,483 | -€11,640 | -23.2% |
| Plant, machinery and equipment | 23 | €294 | €137 | -€156 | -53.2% |
| Furniture and vehicles | 24 | €48,276 | €37,103 | -€11,172 | -23.1% |
| Other tangible fixed assets | 26 | €1,553 | €1,242 | -€311 | -20.0% |
| Financial fixed assets | 28 | €7,200 | €7,200 | = | 0.0% |
| Current assets | 29/58 | €102,427 | €104,007 | +€1,580 | +1.5% |
| Amounts receivable within one year | 40/41 | €1,068 | €11,362 | +€10,294 | +964% |
| Trade receivables | 40 | €0 | €7,546 | +€7,546 | |
| Other amounts receivable | 41 | €1,068 | €3,817 | +€2,748 | +257% |
| Current investments | 50/53 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,353 | €76,931 | +€10,578 | +15.9% |
| Deferred charges and accrued income | 490/1 | €34,996 | €15,704 | -€19,292 | -55.1% |
| Total equity and liabilities | 10/49 | €159,750 | €149,690 | -€10,060 | -6.3% |
| Equity | 10/15 | €147,830 | €123,021 | -€24,809 | -16.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €126,861 | €104,271 | -€22,590 | -17.8% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €117,986 | €95,396 | -€22,590 | -19.1% |
| Profit (loss) carried forward | 14 | €2,218 | €0 | -€2,218 | -100% |
| Amounts payable | 17/49 | €11,920 | €26,669 | +€14,749 | +124% |
| Amounts payable within one year | 42/48 | €11,920 | €26,669 | +€14,749 | +124% |
| Trade debts | 44 | €7,331 | €17,599 | +€10,268 | +140% |
| Suppliers | 440/4 | €7,331 | €17,599 | +€10,268 | +140% |
| Taxes, remuneration and social security | 45 | - | €637 | +€637 | |
| Taxes | 450/3 | - | €637 | +€637 | |
| Other amounts payable | 47/48 | €4,589 | €8,433 | +€3,844 | +83.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €16,529 | €0 | -€16,529 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,932 | €11,640 | +€3,708 | +46.7% |
| Other operating charges | 640/8 | €765 | €770 | +€5 | +0.7% |
| Gross operating margin | 9900 | €28,084 | -€5,717 | -€33,801 | |
| Operating profit (loss) | 9901 | €19,388 | -€18,126 | -€37,514 | |
| Financial income | 75/76B | €0 | €30 | +€30 | |
| Recurring financial income | 75 | €0 | €30 | +€30 | |
| Financial charges | 65/66B | €25 | €3 | -€22 | -87.9% |
| Recurring financial charges | 65 | €25 | €3 | -€22 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €19,363 | -€18,100 | -€37,463 | |
| Income taxes | 67/77 | €7,792 | €209 | -€7,583 | -97.3% |
| Profit (loss) for the period | 9904 | €11,570 | -€18,309 | -€29,879 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,570 | -€18,309 | -€29,879 |
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 25 October 2026 via checked.be.