DR. COMSA DELIA: 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.
DR. COMSA DELIA
Largest movements
- Receivables within one year +€12,165
up €12,165 (+144%), from €8,460 to €20,625
of which Other amounts receivable: +€10,238
- Tangible fixed assets -€8,408
down €8,408 (-4.3%), from €196,703 to €188,295
of which Land and buildings: -€8,408
- Cash +€7,924
up €7,924 (+5.4%), from €146,534 to €154,458
mainly Net result for the year (+€62,155) and Other debts (+€42,445)
- Profit (loss) carried forward -€165,845
down €165,845 (-92.3%), from €179,666 to €13,821
- Reserves +€160,000
up €160,000 (+8,602%), from €1,860 to €161,860
of which Distributable reserves: +€160,000
- Other debts +€42,445
up €42,445 (+166%), from €25,555 to €68,000
- Debts after one year -€13,972
down €13,972 (-17.7%), from €78,995 to €65,022
- Current portion of long-term debt -€9,703
down €9,703 (-32.5%), from €29,877 to €20,173
- Gross operating margin +€24,428
up €24,428 (+37.0%), from €66,018 to €90,445
- Taxes +€6,501
up €6,501 (+59.5%), from €10,929 to €17,431
- Depreciation -€1,513
down €1,513 (-15.3%), from €9,921 to €8,408
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 | €351,817 | €363,860 | +€12,043 | +3.4% |
| Fixed assets | 21/28 | €196,703 | €188,295 | -€8,408 | -4.3% |
| Tangible fixed assets | 22/27 | €196,703 | €188,295 | -€8,408 | -4.3% |
| Land and buildings | 22 | €196,703 | €188,295 | -€8,408 | -4.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €155,114 | €175,565 | +€20,451 | +13.2% |
| Amounts receivable within one year | 40/41 | €8,460 | €20,625 | +€12,165 | +144% |
| Trade receivables | 40 | - | €1,927 | +€1,927 | |
| Other amounts receivable | 41 | €8,460 | €18,698 | +€10,238 | +121% |
| Cash at bank and in hand | 54/58 | €146,534 | €154,458 | +€7,924 | +5.4% |
| Deferred charges and accrued income | 490/1 | €121 | €482 | +€361 | +300% |
| Total equity and liabilities | 10/49 | €351,817 | €363,860 | +€12,043 | +3.4% |
| Equity | 10/15 | €200,126 | €194,281 | -€5,845 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €161,860 | +€160,000 | +8,602% |
| 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 | - | €160,000 | +€160,000 | |
| Profit (loss) carried forward | 14 | €179,666 | €13,821 | -€165,845 | -92.3% |
| Amounts payable | 17/49 | €151,690 | €169,578 | +€17,888 | +11.8% |
| Amounts payable after more than one year | 17 | €78,995 | €65,022 | -€13,972 | -17.7% |
| Financial debts | 170/4 | €78,995 | €65,022 | -€13,972 | -17.7% |
| Amounts payable within one year | 42/48 | €72,696 | €104,556 | +€31,860 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €29,877 | €20,173 | -€9,703 | -32.5% |
| Financial debts | 43 | - | €3,745 | +€3,745 | |
| Credit institutions | 430/8 | - | €3,745 | +€3,745 | |
| Trade debts | 44 | €7,669 | €2,596 | -€5,073 | -66.2% |
| Suppliers | 440/4 | €7,669 | €2,596 | -€5,073 | -66.2% |
| Taxes, remuneration and social security | 45 | €9,595 | €10,042 | +€447 | +4.7% |
| Taxes | 450/3 | €9,595 | €10,042 | +€447 | +4.7% |
| Other amounts payable | 47/48 | €25,555 | €68,000 | +€42,445 | +166% |
| Non-recurring operating income | 76A | €3,364 | €0 | -€3,364 | -100% |
| Remuneration, social security and pensions | 62 | €590 | €0 | -€590 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,921 | €8,408 | -€1,513 | -15.3% |
| Other operating charges | 640/8 | €1,286 | €924 | -€362 | -28.2% |
| Non-recurring operating charges | 66A | €1,000 | €0 | -€1,000 | -100% |
| Gross operating margin | 9900 | €66,018 | €90,445 | +€24,428 | +37.0% |
| Operating profit (loss) | 9901 | €53,221 | €81,114 | +€27,893 | +52.4% |
| Financial income | 75/76B | €4 | €381 | +€377 | +8,605% |
| Recurring financial income | 75 | €4 | €381 | +€377 | +8,605% |
| Financial charges | 65/66B | €2,010 | €1,909 | -€101 | -5.0% |
| Recurring financial charges | 65 | €2,010 | €1,909 | -€101 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €51,215 | €79,586 | +€28,371 | +55.4% |
| Income taxes | 67/77 | €10,929 | €17,431 | +€6,501 | +59.5% |
| Profit (loss) for the period | 9904 | €40,286 | €62,155 | +€21,869 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,286 | €62,155 | +€21,869 | +54.3% |
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 15 October 2026 via checked.be.