COMOBEL: 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.
COMOBEL
Largest movements
- Tangible fixed assets -€18,898
down €18,898 (-7.3%), from €259,782 to €240,884
of which Land and buildings: -€17,816
- Receivables within one year +€14,336
up €14,336 (+559.5%), from €2,562 to €16,898
of which Other amounts receivable: +€15,752
- Debts after one year -€22,826
down €22,826 (-7.4%), from €306,567 to €283,742
- Profit (loss) carried forward +€15,182
up €15,182 (+12.0%), from -€126,462 to -€111,279
- Tax, wage and social debts +€3,674
up €3,674 (+352.4%), from €1,043 to €4,717
- Trade debts -€3,087
down €3,087 (-48.0%), from €6,435 to €3,347
- Gross operating margin +€10,037
up €10,037 (+25.3%), from €39,675 to €49,712
- Taxes +€1,074
new in 2025: €1,074
- Financial charges -€870
down €870 (-6.9%), from €12,527 to €11,657
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 | €270,071 | €264,746 | -€5,325 | -2.0% |
| Fixed assets | 21/28 | €259,782 | €240,884 | -€18,898 | -7.3% |
| Tangible fixed assets | 22/27 | €259,782 | €240,884 | -€18,898 | -7.3% |
| Land and buildings | 22 | €255,833 | €238,017 | -€17,816 | -7.0% |
| Plant, machinery and equipment | 23 | €816 | €578 | -€237 | -29.1% |
| Furniture and vehicles | 24 | €3,133 | €2,288 | -€845 | -27.0% |
| Current assets | 29/58 | €10,289 | €23,862 | +€13,573 | +131.9% |
| Amounts receivable within one year | 40/41 | €2,562 | €16,898 | +€14,336 | +559.5% |
| Trade receivables | 40 | €2,384 | €968 | -€1,416 | -59.4% |
| Other amounts receivable | 41 | €178 | €15,930 | +€15,752 | +8825.9% |
| Cash at bank and in hand | 54/58 | €2,334 | €2,399 | +€65 | +2.8% |
| Deferred charges and accrued income | 490/1 | €5,393 | €4,565 | -€828 | -15.4% |
| Total equity and liabilities | 10/49 | €270,071 | €264,746 | -€5,325 | -2.0% |
| Equity | 10/15 | -€84,462 | -€69,279 | +€15,182 | +18.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,462 | -€111,279 | +€15,182 | +12.0% |
| Amounts payable | 17/49 | €354,532 | €334,025 | -€20,507 | -5.8% |
| Amounts payable after more than one year | 17 | €306,567 | €283,742 | -€22,826 | -7.4% |
| Financial debts | 170/4 | €306,567 | €283,742 | -€22,826 | -7.4% |
| Amounts payable within one year | 42/48 | €47,944 | €49,383 | +€1,440 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €22,100 | €22,826 | +€725 | +3.3% |
| Trade debts | 44 | €6,435 | €3,347 | -€3,087 | -48.0% |
| Suppliers | 440/4 | €6,435 | €3,347 | -€3,087 | -48.0% |
| Taxes, remuneration and social security | 45 | €1,043 | €4,717 | +€3,674 | +352.4% |
| Taxes | 450/3 | €1,043 | €4,717 | +€3,674 | +352.4% |
| Other amounts payable | 47/48 | €18,366 | €18,494 | +€127 | +0.7% |
| Accrued charges and deferred income | 492/3 | €21 | €900 | +€879 | +4103.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,898 | €18,898 | = | 0.0% |
| Other operating charges | 640/8 | €2,817 | €2,906 | +€89 | +3.2% |
| Gross operating margin | 9900 | €39,675 | €49,712 | +€10,037 | +25.3% |
| Operating profit (loss) | 9901 | €17,960 | €27,908 | +€9,948 | +55.4% |
| Financial income | 75/76B | €8 | €5 | -€3 | -36.9% |
| Recurring financial income | 75 | €8 | €5 | -€3 | -36.9% |
| Financial charges | 65/66B | €12,527 | €11,657 | -€870 | -6.9% |
| Recurring financial charges | 65 | €12,527 | €11,657 | -€870 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €5,441 | €16,256 | +€10,815 | +198.8% |
| Income taxes | 67/77 | - | €1,074 | +€1,074 | |
| Profit (loss) for the period | 9904 | €5,441 | €15,182 | +€9,741 | +179.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,441 | €15,182 | +€9,741 | +179.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.