Comptoir Adam: 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.
What changed
Comptoir Adam
NACE 47.750, Retail sale of cosmetics and toilet articles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€25,119
2024 · €49,224-€24,106
Equity
€134,349
2024 · €129,230+€5,119
Cash
€3,575
2024 · €7,444-€3,870
Balance sheet total
€1.1m
2024 · €1.2m-€66,119
Largest movements
Assets
- Receivables within one year -€150,176
down €150,176 (-34.8%), from €431,937 to €281,762
of which Trade receivables: -€105,988
- Stocks and contracts +€99,629
up €99,629 (+15.0%), from €666,172 to €765,801
Equity and liabilities
- Trade debts -€192,381
down €192,381 (-23.8%), from €809,336 to €616,954
- Tax, wage and social debts +€120,232
up €120,232 (+54.8%), from €219,409 to €339,641
of which Taxes: +€119,747
Income statement
- Gross operating margin -€45,137
down €45,137 (-22.0%), from €204,847 to €159,710
- Staff costs -€15,004
down €15,004 (-12.0%), from €125,479 to €110,476
- Taxes -€8,632
down €8,632 (-44.7%), from €19,297 to €10,665
- Depreciation +€4,824
up €4,824 (+68.1%), from €7,078 to €11,902
- Financial income +€4,027
up €4,027 (+763%), from €528 to €4,555
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
€49,224
Gross operating margin
-€45,137
Staff costs
+€15,004
Depreciation
-€4,824
Other operating charges
-€874
Financial income
+€4,027
Financial charges
-€933
Taxes
+€8,632
Result 2025
€25,119
raises the resultlowers the result
Derived cash bridge
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
+€15,190
Investment
-€2,365
Financing
-€16,695
Cash 2024
€7,444
From operations (derived)
+€15,190
Net result for the year
+€25,119
Depreciation
+€11,902
Stocks and contracts
-€99,629
Receivables within one year
+€150,176
Deferred charges and accrued income
+€2,165
Trade debts
-€192,381
Tax, wage and social debts
+€120,232
Other debts
+€236
Accrued charges and deferred income
-€2,629
Investment (derived)
-€2,365
Investment in fixed assets (net)
-€2,365
Financing
-€16,695
Current portion of long-term debt
-€6,028
Short-term financial debts
+€9,333
Contributions, distributions and other
-€20,000
Cash 2025
€3,575
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,170,430 | €1,104,310 | -€66,119 | -5.6% |
| Fixed assets | 21/28 | €62,710 | €53,173 | -€9,537 | -15.2% |
| Intangible fixed assets | 21 | €6,057 | €3,951 | -€2,106 | -34.8% |
| Tangible fixed assets | 22/27 | €42,044 | €34,613 | -€7,431 | -17.7% |
| Land and buildings | 22 | €1,281 | €901 | -€380 | -29.7% |
| Plant, machinery and equipment | 23 | €5,178 | €6,171 | +€993 | +19.2% |
| Furniture and vehicles | 24 | €2,446 | €2,184 | -€262 | -10.7% |
| Other tangible fixed assets | 26 | €33,139 | €25,357 | -€7,782 | -23.5% |
| Financial fixed assets | 28 | €14,610 | €14,610 | = | 0.0% |
| Current assets | 29/58 | €1,107,719 | €1,051,137 | -€56,582 | -5.1% |
| Stocks and contracts in progress | 3 | €666,172 | €765,801 | +€99,629 | +15.0% |
| Stocks | 30/36 | €666,172 | €765,801 | +€99,629 | +15.0% |
| Amounts receivable within one year | 40/41 | €431,937 | €281,762 | -€150,176 | -34.8% |
| Trade receivables | 40 | €374,289 | €268,302 | -€105,988 | -28.3% |
| Other amounts receivable | 41 | €57,648 | €13,460 | -€44,188 | -76.7% |
| Cash at bank and in hand | 54/58 | €7,444 | €3,575 | -€3,870 | -52.0% |
| Deferred charges and accrued income | 490/1 | €2,165 | €0 | -€2,165 | -100% |
| Total equity and liabilities | 10/49 | €1,170,430 | €1,104,310 | -€66,119 | -5.6% |
| Equity | 10/15 | €129,230 | €134,349 | +€5,119 | +4.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,230 | €129,349 | +€5,119 | +4.1% |
| Amounts payable | 17/49 | €1,041,199 | €969,961 | -€71,238 | -6.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,038,570 | €969,961 | -€68,609 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €6,028 | €0 | -€6,028 | -100% |
| Financial debts | 43 | €1,446 | €10,778 | +€9,333 | +646% |
| Credit institutions | 430/8 | €1,446 | €10,778 | +€9,333 | +646% |
| Trade debts | 44 | €809,336 | €616,954 | -€192,381 | -23.8% |
| Suppliers | 440/4 | €809,336 | €616,954 | -€192,381 | -23.8% |
| Taxes, remuneration and social security | 45 | €219,409 | €339,641 | +€120,232 | +54.8% |
| Taxes | 450/3 | €206,343 | €326,090 | +€119,747 | +58.0% |
| Remuneration and social security | 454/9 | €13,067 | €13,551 | +€485 | +3.7% |
| Other amounts payable | 47/48 | €2,351 | €2,587 | +€236 | +10.0% |
| Accrued charges and deferred income | 492/3 | €2,629 | €0 | -€2,629 | -100% |
| Remuneration, social security and pensions | 62 | €125,479 | €110,476 | -€15,004 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,078 | €11,902 | +€4,824 | +68.1% |
| Other operating charges | 640/8 | €2,333 | €3,207 | +€874 | +37.5% |
| Gross operating margin | 9900 | €204,847 | €159,710 | -€45,137 | -22.0% |
| Operating profit (loss) | 9901 | €69,956 | €34,125 | -€35,831 | -51.2% |
| Financial income | 75/76B | €528 | €4,555 | +€4,027 | +763% |
| Recurring financial income | 75 | €528 | €4,555 | +€4,027 | +763% |
| Financial charges | 65/66B | €1,963 | €2,896 | +€933 | +47.5% |
| Recurring financial charges | 65 | €1,963 | €2,896 | +€933 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €68,521 | €35,784 | -€32,737 | -47.8% |
| Income taxes | 67/77 | €19,297 | €10,665 | -€8,632 | -44.7% |
| Profit (loss) for the period | 9904 | €49,224 | €25,119 | -€24,106 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,224 | €25,119 | -€24,106 | -49.0% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.