COMS: 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.
COMS
Largest movements
- Receivables within one year -€70,898
down €70,898 (-15.9%), from €444,815 to €373,917
- Tangible fixed assets -€15,963
down €15,963 (-3.5%), from €459,197 to €443,234
of which Land and buildings: -€15,388
- Other debts -€64,780
down €64,780 (-15.6%), from €413,994 to €349,214
- Tax, wage and social debts -€39,994
down €39,994 (-67.9%), from €58,897 to €18,903
of which Taxes: -€41,994
- Debts after one year -€38,304
down €38,304 (-8.6%), from €446,053 to €407,749
- Profit (loss) carried forward +€34,489
up €34,489 (+19.9%), from €173,240 to €207,729
- Taxes +€24,573
up €24,573 (+337%), from €7,281 to €31,854
- Depreciation -€16,357
down €16,357 (-46.9%), from €34,871 to €18,514
- Gross operating margin +€12,667
up €12,667 (+10.6%), from €119,338 to €132,005
- Financial charges +€6,158
up €6,158 (+21.0%), from €29,317 to €35,475
- Other operating charges +€5,742
up €5,742 (+96.5%), from €5,949 to €11,691
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 | €1,249,470 | €1,161,944 | -€87,526 | -7.0% |
| Fixed assets | 21/28 | €802,755 | €786,792 | -€15,963 | -2.0% |
| Tangible fixed assets | 22/27 | €459,197 | €443,234 | -€15,963 | -3.5% |
| Land and buildings | 22 | €455,991 | €440,603 | -€15,388 | -3.4% |
| Furniture and vehicles | 24 | €3,206 | €2,631 | -€575 | -17.9% |
| Financial fixed assets | 28 | €343,558 | €343,558 | = | 0.0% |
| Current assets | 29/58 | €446,715 | €375,152 | -€71,563 | -16.0% |
| Amounts receivable within one year | 40/41 | €444,815 | €373,917 | -€70,898 | -15.9% |
| Trade receivables | 40 | €444,815 | €373,917 | -€70,898 | -15.9% |
| Cash at bank and in hand | 54/58 | €741 | - | -€741 | |
| Deferred charges and accrued income | 490/1 | €1,159 | €1,235 | +€76 | +6.6% |
| Total equity and liabilities | 10/49 | €1,249,470 | €1,161,944 | -€87,526 | -7.0% |
| Equity | 10/15 | €279,839 | €314,328 | +€34,489 | +12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,399 | €100,399 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,539 | €98,539 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,240 | €207,729 | +€34,489 | +19.9% |
| Amounts payable | 17/49 | €969,631 | €847,616 | -€122,015 | -12.6% |
| Amounts payable after more than one year | 17 | €446,053 | €407,749 | -€38,304 | -8.6% |
| Financial debts | 170/4 | €446,053 | €407,749 | -€38,304 | -8.6% |
| Amounts payable within one year | 42/48 | €523,578 | €439,867 | -€83,711 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €32,832 | €35,568 | +€2,736 | +8.3% |
| Financial debts | 43 | €8,868 | €15,205 | +€6,337 | +71.5% |
| Credit institutions | 430/8 | €8,868 | €15,205 | +€6,337 | +71.5% |
| Trade debts | 44 | €8,987 | €20,977 | +€11,990 | +133% |
| Suppliers | 440/4 | €8,987 | €20,977 | +€11,990 | +133% |
| Taxes, remuneration and social security | 45 | €58,897 | €18,903 | -€39,994 | -67.9% |
| Taxes | 450/3 | €58,897 | €16,903 | -€41,994 | -71.3% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €413,994 | €349,214 | -€64,780 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,871 | €18,514 | -€16,357 | -46.9% |
| Other operating charges | 640/8 | €5,949 | €11,691 | +€5,742 | +96.5% |
| Gross operating margin | 9900 | €119,338 | €132,005 | +€12,667 | +10.6% |
| Operating profit (loss) | 9901 | €78,518 | €101,800 | +€23,282 | +29.7% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €29,317 | €35,475 | +€6,158 | +21.0% |
| Recurring financial charges | 65 | €29,317 | €35,475 | +€6,158 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €49,201 | €66,343 | +€17,142 | +34.8% |
| Income taxes | 67/77 | €7,281 | €31,854 | +€24,573 | +337% |
| Profit (loss) for the period | 9904 | €41,920 | €34,489 | -€7,431 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,920 | €34,489 | -€7,431 | -17.7% |
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.