COMVER: 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.
COMVER
Largest movements
- Tangible fixed assets -€7,812
down €7,812 (-2.1%), from €376,207 to €368,395
- Debts after one year -€22,655
down €22,655 (-6.6%), from €341,552 to €318,897
- Trade debts +€4,979
up €4,979 (+831.0%), from €599 to €5,578
- Gross operating margin +€1,613
up €1,613 (+6.1%), from €26,227 to €27,840
- Financial charges +€1,180
up €1,180 (+26.1%), from €4,525 to €5,705
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 | €380,019 | €370,406 | -€9,613 | -2.5% |
| Fixed assets | 21/28 | €376,207 | €368,395 | -€7,812 | -2.1% |
| Tangible fixed assets | 22/27 | €376,207 | €368,395 | -€7,812 | -2.1% |
| Land and buildings | 22 | €376,207 | €368,395 | -€7,812 | -2.1% |
| Current assets | 29/58 | €3,812 | €2,011 | -€1,801 | -47.2% |
| Amounts receivable within one year | 40/41 | €3,060 | €577 | -€2,483 | -81.1% |
| Trade receivables | 40 | €3,060 | €577 | -€2,483 | -81.1% |
| Cash at bank and in hand | 54/58 | €752 | €699 | -€53 | -7.1% |
| Deferred charges and accrued income | 490/1 | - | €735 | +€735 | |
| Total equity and liabilities | 10/49 | €380,019 | €370,406 | -€9,613 | -2.5% |
| Equity | 10/15 | €16,673 | €21,245 | +€4,572 | +27.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | - | €785 | +€785 | |
| Distributable reserves | 133 | - | €785 | +€785 | |
| Profit (loss) carried forward | 14 | -€3,787 | - | +€3,787 | |
| Amounts payable | 17/49 | €363,347 | €349,161 | -€14,186 | -3.9% |
| Amounts payable after more than one year | 17 | €341,552 | €318,897 | -€22,655 | -6.6% |
| Financial debts | 170/4 | €341,552 | €318,897 | -€22,655 | -6.6% |
| Amounts payable within one year | 42/48 | €21,408 | €29,865 | +€8,457 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €20,274 | €20,600 | +€326 | +1.6% |
| Trade debts | 44 | €599 | €5,578 | +€4,979 | +831.0% |
| Suppliers | 440/4 | €599 | €5,578 | +€4,979 | +831.0% |
| Taxes, remuneration and social security | 45 | - | €704 | +€704 | |
| Taxes | 450/3 | - | €704 | +€704 | |
| Other amounts payable | 47/48 | €535 | €2,983 | +€2,448 | +457.5% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,694 | €14,581 | -€113 | -0.8% |
| Other operating charges | 640/8 | €2,640 | €2,726 | +€86 | +3.3% |
| Gross operating margin | 9900 | €26,227 | €27,840 | +€1,613 | +6.1% |
| Operating profit (loss) | 9901 | €8,893 | €10,533 | +€1,640 | +18.4% |
| Financial charges | 65/66B | €4,525 | €5,705 | +€1,180 | +26.1% |
| Recurring financial charges | 65 | €4,525 | €5,705 | +€1,180 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | €4,368 | €4,828 | +€459 | +10.5% |
| Income taxes | 67/77 | - | €255 | +€255 | |
| Profit (loss) for the period | 9904 | €4,368 | €4,572 | +€204 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,368 | €4,572 | +€204 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.