COMMUNICATION ET FINANCE: 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.
COMMUNICATION ET FINANCE
Largest movements
- Cash +€54,340
up €54,340 (+39.0%), from €139,210 to €193,550
mainly Trade debts (+€57,133) and Net result for the year (+€1,753)
- Trade debts +€57,133
up €57,133 (+144%), from €39,568 to €96,701
- Tax, wage and social debts -€5,053
down €5,053 (-78.0%), from €6,477 to €1,424
- Gross operating margin +€2,662
up €2,662 (+72.0%), from €3,696 to €6,358
- Taxes +€1,208
up €1,208 (+559%), from €216 to €1,424
- Depreciation -€175
down €175 (-9.3%), from €1,881 to €1,706
- Other operating charges -€138
down €138 (-16.8%), from €819 to €681
- Financial charges +€116
up €116 (+17.1%), from €678 to €794
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 | €165,294 | €219,127 | +€53,833 | +32.6% |
| Fixed assets | 21/28 | €5,944 | €4,238 | -€1,706 | -28.7% |
| Tangible fixed assets | 22/27 | €5,044 | €3,338 | -€1,706 | -33.8% |
| Furniture and vehicles | 24 | €5,044 | €3,338 | -€1,706 | -33.8% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €159,350 | €214,889 | +€55,539 | +34.9% |
| Amounts receivable within one year | 40/41 | €20,008 | €21,206 | +€1,198 | +6.0% |
| Trade receivables | 40 | €20,008 | €4,943 | -€15,065 | -75.3% |
| Other amounts receivable | 41 | - | €16,263 | +€16,263 | |
| Cash at bank and in hand | 54/58 | €139,210 | €193,550 | +€54,340 | +39.0% |
| Deferred charges and accrued income | 490/1 | €132 | €133 | +€1 | +0.7% |
| Total equity and liabilities | 10/49 | €165,294 | €219,127 | +€53,833 | +32.6% |
| Equity | 10/15 | €119,249 | €121,002 | +€1,753 | +1.5% |
| Contributions | 10/11 | €65,400 | €65,400 | = | 0.0% |
| Capital | 10 | €65,400 | €65,400 | = | 0.0% |
| Issued capital | 100 | €65,400 | €65,400 | = | 0.0% |
| Reserves | 13 | €6,540 | €6,540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,540 | €6,540 | = | 0.0% |
| Legal reserve | 130 | €6,540 | €6,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,309 | €49,062 | +€1,753 | +3.7% |
| Amounts payable | 17/49 | €46,045 | €98,125 | +€52,079 | +113% |
| Amounts payable within one year | 42/48 | €46,045 | €98,125 | +€52,079 | +113% |
| Trade debts | 44 | €39,568 | €96,701 | +€57,133 | +144% |
| Suppliers | 440/4 | €39,568 | €96,701 | +€57,133 | +144% |
| Taxes, remuneration and social security | 45 | €6,477 | €1,424 | -€5,053 | -78.0% |
| Taxes | 450/3 | €6,477 | €1,424 | -€5,053 | -78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,881 | €1,706 | -€175 | -9.3% |
| Other operating charges | 640/8 | €819 | €681 | -€138 | -16.8% |
| Gross operating margin | 9900 | €3,696 | €6,358 | +€2,662 | +72.0% |
| Operating profit (loss) | 9901 | €996 | €3,972 | +€2,975 | +299% |
| Financial charges | 65/66B | €678 | €794 | +€116 | +17.1% |
| Recurring financial charges | 65 | €678 | €794 | +€116 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €318 | €3,177 | +€2,859 | +900% |
| Income taxes | 67/77 | €216 | €1,424 | +€1,208 | +559% |
| Profit (loss) for the period | 9904 | €102 | €1,753 | +€1,652 | +1,621% |
| Profit (loss) for the period to be appropriated | 9905 | €102 | €1,753 | +€1,652 | +1,621% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.