COMRADO: 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.
COMRADO
Largest movements
- Receivables within one year -€39,634
no longer reported in 2025 (was €39,634)
of which Trade receivables: -€29,167
- Cash -€13,133
down €13,133 (-65.9%), from €19,940 to €6,807
mainly Trade debts (-€55,227) and Net result for the year (-€1,816)
- Tangible fixed assets -€2,375
down €2,375 (-48.3%), from €4,922 to €2,547
- Trade debts -€55,227
down €55,227 (-99.4%), from €55,571 to €344
- Profit (loss) carried forward -€1,816
down €1,816 (-31.5%), from €5,773 to €3,956
- Other debts +€1,606
up €1,606 (+189%), from €850 to €2,456
- Gross operating margin -€2,389
down €2,389 (-79.0%), from €3,023 to €634
- Taxes -€303
no longer reported in 2025 (was €303)
- Depreciation +€171
up €171 (+7.8%), from €2,204 to €2,375
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,496 | €9,354 | -€55,142 | -85.5% |
| Fixed assets | 21/28 | €4,922 | €2,547 | -€2,375 | -48.3% |
| Tangible fixed assets | 22/27 | €4,922 | €2,547 | -€2,375 | -48.3% |
| Furniture and vehicles | 24 | €4,922 | €2,547 | -€2,375 | -48.3% |
| Current assets | 29/58 | €59,574 | €6,807 | -€52,767 | -88.6% |
| Amounts receivable within one year | 40/41 | €39,634 | - | -€39,634 | |
| Trade receivables | 40 | €29,167 | - | -€29,167 | |
| Other amounts receivable | 41 | €10,467 | - | -€10,467 | |
| Cash at bank and in hand | 54/58 | €19,940 | €6,807 | -€13,133 | -65.9% |
| Total equity and liabilities | 10/49 | €64,496 | €9,354 | -€55,142 | -85.5% |
| Equity | 10/15 | €7,773 | €5,956 | -€1,816 | -23.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,773 | €3,956 | -€1,816 | -31.5% |
| Amounts payable | 17/49 | €56,724 | €3,398 | -€53,325 | -94.0% |
| Amounts payable within one year | 42/48 | €56,724 | €3,398 | -€53,325 | -94.0% |
| Trade debts | 44 | €55,571 | €344 | -€55,227 | -99.4% |
| Suppliers | 440/4 | €55,571 | €344 | -€55,227 | -99.4% |
| Taxes, remuneration and social security | 45 | €303 | €598 | +€295 | +97.6% |
| Taxes | 450/3 | €303 | €598 | +€295 | +97.6% |
| Other amounts payable | 47/48 | €850 | €2,456 | +€1,606 | +189% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,204 | €2,375 | +€171 | +7.8% |
| Other operating charges | 640/8 | €30 | - | -€30 | |
| Gross operating margin | 9900 | €3,023 | €634 | -€2,389 | -79.0% |
| Operating profit (loss) | 9901 | €789 | -€1,741 | -€2,531 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €46 | €75 | +€29 | +64.2% |
| Recurring financial charges | 65 | €46 | €75 | +€29 | +64.2% |
| Profit (loss) for the period before taxes | 9903 | €744 | -€1,816 | -€2,560 | |
| Income taxes | 67/77 | €303 | - | -€303 | |
| Profit (loss) for the period | 9904 | €441 | -€1,816 | -€2,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €441 | -€1,816 | -€2,258 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.