COMOTRANS: 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
COMOTRANS
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€568,035
2024 · €411,867+€156,168
Equity
€2.2m
2024 · €3.6m-€1.4m
Cash
€219,044
2024 · €737,049-€518,005
Balance sheet total
€4.9m
2024 · €4.1m+€720,195
Largest movements
Assets
- Current investments +€1.3m
up €1.3m (+86.7%), from €1.5m to €2.8m
- Cash -€518,005
down €518,005 (-70.3%), from €737,049 to €219,044
mainly Contributions, distributions and other (-€2.0m) and Current investments (-€1.3m)
- Receivables within one year -€255,439
down €255,439 (-21.9%), from €1.2m to €912,513
of which Other amounts receivable: -€232,996
- Tangible fixed assets +€198,091
up €198,091 (+28.6%), from €693,476 to €891,567
of which Assets under construction and advance payments: +€467,600
Equity and liabilities
- Other debts +€2.0m
new in 2025: €2.0m
- Reserves -€1.4m
down €1.4m (-42.1%), from €3.3m to €1.9m
of which Distributable reserves: -€1.4m
- Trade debts +€119,227
up €119,227 (+38.5%), from €309,560 to €428,787
Income statement
- Services and other goods -€385,583
down €385,583 (-11.8%), from €3.3m to €2.9m
- Staff costs +€128,011
up €128,011 (+8.1%), from €1.6m to €1.7m
- Turnover -€74,066
down €74,066 (-1.3%), from €5.7m to €5.6m
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.
Result 2024
€411,867
Turnover
-€74,066
Other operating income
+€3,398
Services and other goods
+€385,583
Staff costs
-€128,011
Depreciation
+€50,524
Other operating charges
-€1,171
Other operating items
-€38,710
Financial income
+€14,495
Financial charges
+€464
Taxes
-€56,338
Result 2025
€568,035
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.
From operations
+€3.3m
Investment
-€1.8m
Financing
-€2.0m
Cash 2024
€737,049
From operations (derived)
+€3.3m
Net result for the year
+€568,035
Depreciation
+€296,595
Receivables within one year
+€255,439
Smaller working-capital items
-€260
Trade debts
+€119,227
Tax, wage and social debts
+€37,645
Other debts
+€2.0m
Investment (derived)
-€1.8m
Investment in fixed assets (net)
-€494,686
Current investments
-€1.3m
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2025
€219,044
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,134,264 | €4,854,459 | +€720,195 | +17.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €696,041 | €894,132 | +€198,091 | +28.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €693,476 | €891,567 | +€198,091 | +28.6% |
| Plant, machinery and equipment | 23 | €59,191 | €64,061 | +€4,870 | +8.2% |
| Furniture and vehicles | 24 | €634,285 | €359,906 | -€274,379 | -43.3% |
| Assets under construction and advance payments | 27 | - | €467,600 | +€467,600 | |
| Financial fixed assets | 28 | €2,565 | €2,565 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,565 | €2,565 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,565 | €2,565 | = | 0.0% |
| Current assets | 29/58 | €3,438,223 | €3,960,327 | +€522,104 | +15.2% |
| Amounts receivable within one year | 40/41 | €1,167,952 | €912,513 | -€255,439 | -21.9% |
| Trade receivables | 40 | €553,708 | €531,265 | -€22,443 | -4.1% |
| Other amounts receivable | 41 | €614,244 | €381,248 | -€232,996 | -37.9% |
| Current investments | 50/53 | €1,500,000 | €2,800,000 | +€1.3m | +86.7% |
| Other investments | 51/53 | €1,500,000 | €2,800,000 | +€1.3m | +86.7% |
| Cash at bank and in hand | 54/58 | €737,049 | €219,044 | -€518,005 | -70.3% |
| Deferred charges and accrued income | 490/1 | €33,222 | €28,770 | -€4,452 | -13.4% |
| Total equity and liabilities | 10/49 | €4,134,264 | €4,854,459 | +€720,195 | +17.4% |
| Equity | 10/15 | €3,617,951 | €2,185,986 | -€1.4m | -39.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €3,325,000 | €1,925,000 | -€1.4m | -42.1% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €3,300,000 | €1,900,000 | -€1.4m | -42.4% |
| Profit (loss) carried forward | 14 | €42,951 | €10,986 | -€31,965 | -74.4% |
| Amounts payable | 17/49 | €516,313 | €2,668,473 | +€2.2m | +416.8% |
| Amounts payable within one year | 42/48 | €510,495 | €2,667,367 | +€2.2m | +422.5% |
| Trade debts | 44 | €309,560 | €428,787 | +€119,227 | +38.5% |
| Suppliers | 440/4 | €309,560 | €428,787 | +€119,227 | +38.5% |
| Taxes, remuneration and social security | 45 | €200,935 | €238,580 | +€37,645 | +18.7% |
| Taxes | 450/3 | €47,552 | €57,437 | +€9,885 | +20.8% |
| Remuneration and social security | 454/9 | €153,383 | €181,143 | +€27,760 | +18.1% |
| Other amounts payable | 47/48 | - | €2,000,000 | +€2.0m | |
| Accrued charges and deferred income | 492/3 | €5,818 | €1,106 | -€4,712 | -81.0% |
| Operating income | 70/76A | €5,740,995 | €5,635,327 | -€105,668 | -1.8% |
| Turnover | 70 | €5,695,634 | €5,621,568 | -€74,066 | -1.3% |
| Other operating income | 74 | €10,361 | €13,759 | +€3,398 | +32.8% |
| Non-recurring operating income | 76A | €35,000 | - | -€35,000 | |
| Operating charges | 60/66A | €5,210,705 | €4,907,490 | -€303,215 | -5.8% |
| Services and other goods | 61 | €3,275,462 | €2,889,879 | -€385,583 | -11.8% |
| Remuneration, social security and pensions | 62 | €1,575,901 | €1,703,912 | +€128,011 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347,119 | €296,595 | -€50,524 | -14.6% |
| Other operating charges | 640/8 | €9,583 | €10,754 | +€1,171 | +12.2% |
| Non-recurring operating charges | 66A | €2,640 | €6,350 | +€3,710 | +140.5% |
| Operating profit (loss) | 9901 | €530,290 | €727,837 | +€197,547 | +37.3% |
| Financial income | 75/76B | €32,218 | €46,713 | +€14,495 | +45.0% |
| Recurring financial income | 75 | €32,218 | €46,713 | +€14,495 | +45.0% |
| Income from current assets | 751 | €31,205 | €46,158 | +€14,953 | +47.9% |
| Other financial income | 752/9 | €1,013 | €555 | -€458 | -45.2% |
| Financial charges | 65/66B | €3,687 | €3,223 | -€464 | -12.6% |
| Recurring financial charges | 65 | €3,687 | €3,223 | -€464 | -12.6% |
| Other financial charges | 652/9 | €3,687 | €3,223 | -€464 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €558,821 | €771,327 | +€212,506 | +38.0% |
| Income taxes | 67/77 | €146,954 | €203,292 | +€56,338 | +38.3% |
| Taxes | 670/3 | €146,956 | €203,847 | +€56,891 | +38.7% |
| Tax adjustments and reversals of tax provisions | 77 | €2 | €555 | +€553 | +27650.0% |
| Profit (loss) for the period | 9904 | €411,867 | €568,035 | +€156,168 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €411,867 | €568,035 | +€156,168 | +37.9% |
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 29 September 2026 via checked.be.