COMU: 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.
COMU
Largest movements
- Tangible fixed assets -€14,141
down €14,141 (-17.5%), from €80,921 to €66,779
of which Furniture and vehicles: -€11,874
- Cash +€7,604
up €7,604 (+34.2%), from €22,230 to €29,834
mainly Net result for the year (+€56,634) and Depreciation (+€17,862)
- Receivables within one year -€5,618
down €5,618 (-38.8%), from €14,482 to €8,864
of which Trade receivables: -€4,957
- Profit (loss) carried forward +€26,634
up €26,634, from €0 to €26,634
- Other debts -€23,394
down €23,394 (-43.0%), from €54,396 to €31,003
- Debts after one year -€15,176
down €15,176 (-55.0%), from €27,614 to €12,438
- Tax, wage and social debts +€4,494
up €4,494 (+124.0%), from €3,624 to €8,117
- Current portion of long-term debt -€2,417
down €2,417 (-13.7%), from €17,594 to €15,176
- Gross operating margin +€3,243
up €3,243 (+3.7%), from €87,640 to €90,883
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,310 | €113,094 | -€10,216 | -8.3% |
| Fixed assets | 21/28 | €84,007 | €69,866 | -€14,141 | -16.8% |
| Tangible fixed assets | 22/27 | €80,921 | €66,779 | -€14,141 | -17.5% |
| Plant, machinery and equipment | 23 | €3,037 | €5,862 | +€2,825 | +93.0% |
| Furniture and vehicles | 24 | €37,638 | €25,763 | -€11,874 | -31.5% |
| Other tangible fixed assets | 26 | €40,246 | €35,154 | -€5,092 | -12.7% |
| Financial fixed assets | 28 | €3,087 | €3,087 | = | 0.0% |
| Current assets | 29/58 | €39,302 | €43,228 | +€3,926 | +10.0% |
| Stocks and contracts in progress | 3 | €2,420 | €3,360 | +€940 | +38.8% |
| Stocks | 30/36 | €2,420 | €3,360 | +€940 | +38.8% |
| Amounts receivable within one year | 40/41 | €14,482 | €8,864 | -€5,618 | -38.8% |
| Trade receivables | 40 | €13,240 | €8,283 | -€4,957 | -37.4% |
| Other amounts receivable | 41 | €1,242 | €581 | -€661 | -53.2% |
| Cash at bank and in hand | 54/58 | €22,230 | €29,834 | +€7,604 | +34.2% |
| Deferred charges and accrued income | 490/1 | €170 | €1,170 | +€999 | +586.8% |
| Total equity and liabilities | 10/49 | €123,310 | €113,094 | -€10,216 | -8.3% |
| Equity | 10/15 | €18,600 | €45,234 | +€26,634 | +143.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €26,634 | +€26,634 | |
| Amounts payable | 17/49 | €104,710 | €67,860 | -€36,850 | -35.2% |
| Amounts payable after more than one year | 17 | €27,614 | €12,438 | -€15,176 | -55.0% |
| Financial debts | 170/4 | €27,614 | €12,438 | -€15,176 | -55.0% |
| Amounts payable within one year | 42/48 | €77,096 | €55,422 | -€21,673 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €17,594 | €15,176 | -€2,417 | -13.7% |
| Financial debts | 43 | €406 | €228 | -€179 | -44.0% |
| Credit institutions | 430/8 | €406 | €228 | -€179 | -44.0% |
| Trade debts | 44 | €1,076 | €898 | -€178 | -16.5% |
| Suppliers | 440/4 | €1,076 | €898 | -€178 | -16.5% |
| Taxes, remuneration and social security | 45 | €3,624 | €8,117 | +€4,494 | +124.0% |
| Taxes | 450/3 | €3,624 | €8,117 | +€4,494 | +124.0% |
| Other amounts payable | 47/48 | €54,396 | €31,003 | -€23,394 | -43.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,994 | €17,862 | +€867 | +5.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €87,640 | €90,883 | +€3,243 | +3.7% |
| Operating profit (loss) | 9901 | €70,258 | €72,621 | +€2,363 | +3.4% |
| Financial income | 75/76B | €5 | €79 | +€74 | +1564.9% |
| Recurring financial income | 75 | €5 | €79 | +€74 | +1564.9% |
| Financial charges | 65/66B | €1,555 | €1,139 | -€416 | -26.8% |
| Recurring financial charges | 65 | €1,555 | €1,139 | -€416 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €68,708 | €71,561 | +€2,854 | +4.2% |
| Income taxes | 67/77 | €14,258 | €14,927 | +€669 | +4.7% |
| Profit (loss) for the period | 9904 | €54,449 | €56,634 | +€2,185 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,449 | €56,634 | +€2,185 | +4.0% |
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 10 October 2026 via checked.be.