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COMOR: 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.

What changed

COMOR

BE 0451.490.260
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,021
2024 · €9,604-€583
Equity
€55,524
2024 · €46,504+€9,020
Cash
€39,538
2024 · €14,013+€25,525
Balance sheet total
€89,345
2024 · €84,489+€4,856

Largest movements

2024 to 2025
Assets
  • Cash +€25,525

    up €25,525 (+182.2%), from €14,013 to €39,538

    mainly Receivables within one year (+€10,455) and Depreciation (+€10,215)

  • Receivables within one year -€10,455

    down €10,455 (-86.3%), from €12,108 to €1,653

    of which Other amounts receivable: -€10,454

  • Tangible fixed assets -€10,214

    down €10,214 (-17.5%), from €58,318 to €48,104

    of which Land and buildings: -€9,456

Equity and liabilities
  • Reserves +€8,999

    up €8,999 (+483.8%), from €1,860 to €10,859

    of which Distributable reserves: +€10,859

  • Debts after one year -€5,174

    down €5,174 (-58.9%), from €8,787 to €3,613

  • Current portion of long-term debt +€995

    up €995 (+29.9%), from €3,325 to €4,320

Income statement
  • Gross operating margin +€3,228

    up €3,228 (+12.0%), from €26,959 to €30,187

  • Taxes +€3,026

    up €3,026 (+80.6%), from €3,755 to €6,781

  • Depreciation +€1,373

    up €1,373 (+15.5%), from €8,842 to €10,215

  • Financial charges -€623

    down €623 (-22.5%), from €2,765 to €2,142

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,604
Gross operating margin +€3,228
Depreciation -€1,373
Other operating charges -€36
Financial charges +€623
Taxes -€3,026
Result 2025 €9,021

Cash bridge derived

cash 2024 to 2025

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.

From operations +€29,705
Investment -€1
Financing -€4,179
Cash 2024 €14,013
Net result for the year +€9,021
Depreciation +€10,215
Receivables within one year +€10,455
Trade debts -€35
Tax, wage and social debts +€49
Investment in fixed assets (net) -€1
Debts after one year -€5,174
Current portion of long-term debt +€995
Contributions, distributions and other -€0
Cash 2025 €39,538
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €84,489 €89,345 +€4,856 +5.7%
Fixed assets 21/28 €58,368 €48,154 -€10,214 -17.5%
Tangible fixed assets 22/27 €58,318 €48,104 -€10,214 -17.5%
Land and buildings 22 €57,560 €48,104 -€9,456 -16.4%
Furniture and vehicles 24 €758 - -€758
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €26,121 €41,191 +€15,070 +57.7%
Amounts receivable within one year 40/41 €12,108 €1,653 -€10,455 -86.3%
Trade receivables 40 €721 €721 -€0 -0.1%
Other amounts receivable 41 €11,387 €933 -€10,454 -91.8%
Cash at bank and in hand 54/58 €14,013 €39,538 +€25,525 +182.2%
Total equity and liabilities 10/49 €84,489 €89,345 +€4,856 +5.7%
Equity 10/15 €46,504 €55,524 +€9,020 +19.4%
Reserves 13 €1,860 €10,859 +€8,999 +483.8%
Non-distributable reserves 130/1 €1,860 - -€1,860
Legal reserve 130 €1,860 - -€1,860
Distributable reserves 133 - €10,859 +€10,859
Profit (loss) carried forward 14 €44,644 €44,665 +€21 0.0%
Amounts payable 17/49 €37,985 €33,820 -€4,165 -11.0%
Amounts payable after more than one year 17 €8,787 €3,613 -€5,174 -58.9%
Financial debts 170/4 €8,787 €3,613 -€5,174 -58.9%
Amounts payable within one year 42/48 €29,198 €30,207 +€1,009 +3.5%
Current portion of amounts payable after more than one year 42 €3,325 €4,320 +€995 +29.9%
Trade debts 44 €306 €271 -€35 -11.3%
Suppliers 440/4 €306 €271 -€35 -11.3%
Taxes, remuneration and social security 45 €16,567 €16,616 +€49 +0.3%
Taxes 450/3 €16,567 €16,616 +€49 +0.3%
Other amounts payable 47/48 €9,000 €9,000 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,842 €10,215 +€1,373 +15.5%
Other operating charges 640/8 €1,993 €2,029 +€36 +1.8%
Gross operating margin 9900 €26,959 €30,187 +€3,228 +12.0%
Operating profit (loss) 9901 €16,124 €17,943 +€1,819 +11.3%
Financial charges 65/66B €2,765 €2,142 -€623 -22.5%
Recurring financial charges 65 €2,765 €2,142 -€623 -22.5%
Profit (loss) for the period before taxes 9903 €13,359 €15,801 +€2,442 +18.3%
Income taxes 67/77 €3,755 €6,781 +€3,026 +80.6%
Profit (loss) for the period 9904 €9,604 €9,021 -€583 -6.1%
Profit (loss) for the period to be appropriated 9905 €9,604 €9,021 -€583 -6.1%

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 29 September 2026 via checked.be.