COMODO: 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.
COMODO
Largest movements
- Receivables within one year -€34,218
down €34,218 (-38.5%), from €88,876 to €54,658
of which Other amounts receivable: -€32,600
- Tangible fixed assets -€24,125
down €24,125 (-2.1%), from €1.2m to €1.1m
of which Land and buildings: -€24,125
- Debts after one year -€44,441
down €44,441 (-4.4%), from €1.0m to €957,018
of which Financial debts: -€41,441
- Tax, wage and social debts -€13,820
down €13,820 (-76.0%), from €18,185 to €4,365
- Gross operating margin -€43,869
down €43,869 (-38.6%), from €113,660 to €69,792
- Depreciation -€29,627
down €29,627 (-55.1%), from €53,752 to €24,125
- Taxes -€7,278
down €7,278 (-61.3%), from €11,878 to €4,600
- Other operating charges +€3,848
up €3,848 (+99.4%), from €3,872 to €7,720
- Financial charges +€2,340
up €2,340 (+7.9%), from €29,459 to €31,799
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,256,894 | €1,198,810 | -€58,084 | -4.6% |
| Fixed assets | 21/28 | €1,162,913 | €1,138,788 | -€24,125 | -2.1% |
| Tangible fixed assets | 22/27 | €1,162,913 | €1,138,788 | -€24,125 | -2.1% |
| Land and buildings | 22 | €1,135,193 | €1,111,068 | -€24,125 | -2.1% |
| Other tangible fixed assets | 26 | €27,720 | €27,720 | = | 0.0% |
| Current assets | 29/58 | €93,980 | €60,022 | -€33,958 | -36.1% |
| Amounts receivable within one year | 40/41 | €88,876 | €54,658 | -€34,218 | -38.5% |
| Trade receivables | 40 | €10,876 | €9,258 | -€1,618 | -14.9% |
| Other amounts receivable | 41 | €78,000 | €45,400 | -€32,600 | -41.8% |
| Cash at bank and in hand | 54/58 | €5,105 | €5,365 | +€260 | +5.1% |
| Total equity and liabilities | 10/49 | €1,256,894 | €1,198,810 | -€58,084 | -4.6% |
| Equity | 10/15 | €187,338 | €188,886 | +€1,548 | +0.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €179,838 | €181,386 | +€1,548 | +0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €177,978 | €179,526 | +€1,548 | +0.9% |
| Amounts payable | 17/49 | €1,069,555 | €1,009,924 | -€59,631 | -5.6% |
| Amounts payable after more than one year | 17 | €1,001,459 | €957,018 | -€44,441 | -4.4% |
| Financial debts | 170/4 | €842,315 | €800,874 | -€41,441 | -4.9% |
| Other amounts payable | 178/9 | €159,144 | €156,144 | -€3,000 | -1.9% |
| Amounts payable within one year | 42/48 | €68,096 | €52,906 | -€15,191 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €39,967 | €41,441 | +€1,474 | +3.7% |
| Trade debts | 44 | €2,201 | €3,156 | +€955 | +43.4% |
| Suppliers | 440/4 | €2,201 | €3,156 | +€955 | +43.4% |
| Taxes, remuneration and social security | 45 | €18,185 | €4,365 | -€13,820 | -76.0% |
| Taxes | 450/3 | €18,185 | €4,365 | -€13,820 | -76.0% |
| Other amounts payable | 47/48 | €7,744 | €3,944 | -€3,800 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,752 | €24,125 | -€29,627 | -55.1% |
| Other operating charges | 640/8 | €3,872 | €7,720 | +€3,848 | +99.4% |
| Gross operating margin | 9900 | €113,660 | €69,792 | -€43,869 | -38.6% |
| Operating profit (loss) | 9901 | €56,036 | €37,947 | -€18,090 | -32.3% |
| Financial charges | 65/66B | €29,459 | €31,799 | +€2,340 | +7.9% |
| Recurring financial charges | 65 | €29,459 | €31,799 | +€2,340 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €26,577 | €6,148 | -€20,429 | -76.9% |
| Income taxes | 67/77 | €11,878 | €4,600 | -€7,278 | -61.3% |
| Profit (loss) for the period | 9904 | €14,699 | €1,548 | -€13,152 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,699 | €1,548 | -€13,152 | -89.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.