COMMUPHAR: 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.
COMMUPHAR
Largest movements
- Stocks and contracts +€6,598
up €6,598 (+12.1%), from €54,731 to €61,330
- Receivables within one year -€4,791
down €4,791 (-13.2%), from €36,262 to €31,472
of which Trade receivables: -€4,818
- Cash -€2,627
down €2,627 (-9.3%), from €28,277 to €25,650
mainly Net result for the year (-€22,058) and Stocks and contracts (-€6,598)
- Current investments +€1,712
new in 2025: €1,712
- Profit (loss) carried forward -€22,058
down €22,058 (-5.9%), from -€376,211 to -€398,270
- Other debts +€18,676
up €18,676 (+5.6%), from €334,214 to €352,890
- Accrued charges and deferred income +€2,785
up €2,785 (+74.9%), from €3,716 to €6,501
- Tax, wage and social debts +€1,731
up €1,731 (+18.4%), from €9,419 to €11,150
of which Remuneration and social security: +€1,703
- Trade debts -€1,707
down €1,707 (-4.2%), from €40,733 to €39,026
- Staff costs +€19,346
up €19,346 (+27.4%), from €70,604 to €89,950
- Gross operating margin -€3,678
down €3,678 (-4.6%), from €79,321 to €75,643
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 | €137,354 | €136,781 | -€573 | -0.4% |
| Fixed assets | 21/28 | €12,287 | €12,049 | -€239 | -1.9% |
| Tangible fixed assets | 22/27 | €12,287 | €12,049 | -€239 | -1.9% |
| Plant, machinery and equipment | 23 | €12,287 | €12,049 | -€239 | -1.9% |
| Current assets | 29/58 | €125,067 | €124,732 | -€335 | -0.3% |
| Stocks and contracts in progress | 3 | €54,731 | €61,330 | +€6,598 | +12.1% |
| Stocks | 30/36 | €54,731 | €61,330 | +€6,598 | +12.1% |
| Amounts receivable within one year | 40/41 | €36,262 | €31,472 | -€4,791 | -13.2% |
| Trade receivables | 40 | €35,510 | €30,692 | -€4,818 | -13.6% |
| Other amounts receivable | 41 | €752 | €780 | +€28 | +3.7% |
| Current investments | 50/53 | - | €1,712 | +€1,712 | |
| Cash at bank and in hand | 54/58 | €28,277 | €25,650 | -€2,627 | -9.3% |
| Deferred charges and accrued income | 490/1 | €5,797 | €4,568 | -€1,228 | -21.2% |
| Total equity and liabilities | 10/49 | €137,354 | €136,781 | -€573 | -0.4% |
| Equity | 10/15 | -€250,729 | -€272,787 | -€22,058 | -8.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €63,483 | €63,483 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €60,384 | €60,384 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€376,211 | -€398,270 | -€22,058 | -5.9% |
| Amounts payable | 17/49 | €388,083 | €409,567 | +€21,485 | +5.5% |
| Amounts payable within one year | 42/48 | €384,367 | €403,066 | +€18,700 | +4.9% |
| Trade debts | 44 | €40,733 | €39,026 | -€1,707 | -4.2% |
| Suppliers | 440/4 | €40,733 | €39,026 | -€1,707 | -4.2% |
| Taxes, remuneration and social security | 45 | €9,419 | €11,150 | +€1,731 | +18.4% |
| Taxes | 450/3 | - | €28 | +€28 | |
| Remuneration and social security | 454/9 | €9,419 | €11,122 | +€1,703 | +18.1% |
| Other amounts payable | 47/48 | €334,214 | €352,890 | +€18,676 | +5.6% |
| Accrued charges and deferred income | 492/3 | €3,716 | €6,501 | +€2,785 | +74.9% |
| Remuneration, social security and pensions | 62 | €70,604 | €89,950 | +€19,346 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,891 | €2,489 | +€597 | +31.6% |
| Other operating charges | 640/8 | €2,843 | €2,175 | -€669 | -23.5% |
| Gross operating margin | 9900 | €79,321 | €75,643 | -€3,678 | -4.6% |
| Operating profit (loss) | 9901 | €3,982 | -€18,970 | -€22,952 | |
| Financial income | 75/76B | €30 | €152 | +€123 | +415.6% |
| Recurring financial income | 75 | €30 | €152 | +€123 | +415.6% |
| Financial charges | 65/66B | €3,458 | €3,240 | -€218 | -6.3% |
| Recurring financial charges | 65 | €3,458 | €3,240 | -€218 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €553 | -€22,058 | -€22,611 | |
| Profit (loss) for the period | 9904 | €553 | -€22,058 | -€22,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €553 | -€22,058 | -€22,611 |
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 11 October 2026 via checked.be.