COMOÉ: 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.
COMOÉ
Largest movements
- Receivables within one year +€48,306
up €48,306 (+437.0%), from €11,054 to €59,360
of which Other amounts receivable: +€48,900
- Cash +€7,979
up €7,979 (+13.8%), from €58,003 to €65,982
mainly Other debts (+€170,164) and Net result for the year (+€69,283)
- Other debts +€170,164
up €170,164 (+6427.1%), from €2,648 to €172,811
- Profit (loss) carried forward -€103,528
no longer reported in 2025 (was €103,528)
- Debts after one year -€11,886
down €11,886 (-6.0%), from €199,553 to €187,667
of which Financial debts: -€11,886
- Depreciation -€36,624
down €36,624 (-82.8%), from €44,210 to €7,586
- Gross operating margin +€21,759
up €21,759 (+27.4%), from €79,473 to €101,232
- Taxes +€11,635
up €11,635 (+179.4%), from €6,485 to €18,120
- Financial charges +€4,378
up €4,378 (+128.0%), from €3,422 to €7,800
- Financial income +€1,667
new in 2025: €1,667
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 | €336,458 | €390,585 | +€54,127 | +16.1% |
| Fixed assets | 21/28 | €266,561 | €262,831 | -€3,730 | -1.4% |
| Tangible fixed assets | 22/27 | €266,561 | €262,831 | -€3,730 | -1.4% |
| Land and buildings | 22 | €266,561 | €262,831 | -€3,730 | -1.4% |
| Current assets | 29/58 | €69,897 | €127,754 | +€57,857 | +82.8% |
| Amounts receivable within one year | 40/41 | €11,054 | €59,360 | +€48,306 | +437.0% |
| Trade receivables | 40 | €11,054 | €10,460 | -€593 | -5.4% |
| Other amounts receivable | 41 | - | €48,900 | +€48,900 | |
| Cash at bank and in hand | 54/58 | €58,003 | €65,982 | +€7,979 | +13.8% |
| Deferred charges and accrued income | 490/1 | €840 | €2,412 | +€1,571 | +187.0% |
| Total equity and liabilities | 10/49 | €336,458 | €390,585 | +€54,127 | +16.1% |
| Equity | 10/15 | €106,028 | €2,500 | -€103,528 | -97.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,528 | - | -€103,528 | |
| Amounts payable | 17/49 | €230,430 | €388,085 | +€157,655 | +68.4% |
| Amounts payable after more than one year | 17 | €199,553 | €187,667 | -€11,886 | -6.0% |
| Financial debts | 170/4 | €197,953 | €186,067 | -€11,886 | -6.0% |
| Advances received on contracts in progress | 176 | - | €1,600 | +€1,600 | |
| Other amounts payable | 178/9 | €1,600 | - | -€1,600 | |
| Amounts payable within one year | 42/48 | €30,876 | €200,392 | +€169,516 | +549.0% |
| Current portion of amounts payable after more than one year | 42 | €11,471 | €11,886 | +€415 | +3.6% |
| Trade debts | 44 | €2,180 | €2,445 | +€265 | +12.1% |
| Suppliers | 440/4 | €2,180 | €2,445 | +€265 | +12.1% |
| Taxes, remuneration and social security | 45 | €14,578 | €13,250 | -€1,328 | -9.1% |
| Taxes | 450/3 | €14,578 | €13,250 | -€1,328 | -9.1% |
| Other amounts payable | 47/48 | €2,648 | €172,811 | +€170,164 | +6427.1% |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,210 | €7,586 | -€36,624 | -82.8% |
| Other operating charges | 640/8 | €867 | €111 | -€756 | -87.2% |
| Gross operating margin | 9900 | €79,473 | €101,232 | +€21,759 | +27.4% |
| Operating profit (loss) | 9901 | €34,396 | €93,536 | +€59,139 | +171.9% |
| Financial income | 75/76B | - | €1,667 | +€1,667 | |
| Recurring financial income | 75 | - | €1,667 | +€1,667 | |
| Financial charges | 65/66B | €3,422 | €7,800 | +€4,378 | +128.0% |
| Recurring financial charges | 65 | €3,422 | €7,800 | +€4,378 | +128.0% |
| Profit (loss) for the period before taxes | 9903 | €30,975 | €87,402 | +€56,428 | +182.2% |
| Income taxes | 67/77 | €6,485 | €18,120 | +€11,635 | +179.4% |
| Profit (loss) for the period | 9904 | €24,490 | €69,283 | +€44,793 | +182.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,490 | €69,283 | +€44,793 | +182.9% |
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 7 October 2026 via checked.be.