ETS COMETTI: 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.
ETS COMETTI
Largest movements
- Receivables within one year -€9,062
down €9,062 (-90.1%), from €10,053 to €990
of which Trade receivables: -€9,883
- Tangible fixed assets -€3,413
down €3,413 (-81.2%), from €4,203 to €790
- Cash +€1,225
up €1,225 (+30.4%), from €4,028 to €5,253
- Financial fixed assets +€400
new in 2025: €400
- Profit (loss) carried forward -€32,709
down €32,709 (-348%), from -€9,404 to -€42,113
- Other debts +€29,150
new in 2025: €29,150
- Tax, wage and social debts -€6,025
down €6,025 (-76.1%), from €7,917 to €1,893
- Trade debts -€1,088
down €1,088 (-5.8%), from €18,771 to €17,683
- Gross operating margin -€30,747
down €30,747, from €3,531 to -€27,216
- Other operating charges +€867
up €867 (+67.2%), from €1,289 to €2,156
- Taxes -€850
down €850 (-56.0%), from €1,518 to €668
- Depreciation +€739
up €739 (+76.3%), from €968 to €1,706
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,284 | €7,613 | -€10,671 | -58.4% |
| Fixed assets | 21/28 | €4,203 | €1,190 | -€3,013 | -71.7% |
| Tangible fixed assets | 22/27 | €4,203 | €790 | -€3,413 | -81.2% |
| Furniture and vehicles | 24 | €4,203 | €790 | -€3,413 | -81.2% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €14,080 | €6,422 | -€7,658 | -54.4% |
| Amounts receivable within one year | 40/41 | €10,053 | €990 | -€9,062 | -90.1% |
| Trade receivables | 40 | €10,053 | €169 | -€9,883 | -98.3% |
| Other amounts receivable | 41 | - | €821 | +€821 | |
| Cash at bank and in hand | 54/58 | €4,028 | €5,253 | +€1,225 | +30.4% |
| Deferred charges and accrued income | 490/1 | - | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €18,284 | €7,613 | -€10,671 | -58.4% |
| Equity | 10/15 | -€8,404 | -€41,113 | -€32,709 | -389% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,404 | -€42,113 | -€32,709 | -348% |
| Amounts payable | 17/49 | €26,688 | €48,725 | +€22,038 | +82.6% |
| Amounts payable within one year | 42/48 | €26,688 | €48,725 | +€22,038 | +82.6% |
| Trade debts | 44 | €18,771 | €17,683 | -€1,088 | -5.8% |
| Suppliers | 440/4 | €18,771 | €17,683 | -€1,088 | -5.8% |
| Taxes, remuneration and social security | 45 | €7,917 | €1,893 | -€6,025 | -76.1% |
| Taxes | 450/3 | €7,917 | €1,893 | -€6,025 | -76.1% |
| Other amounts payable | 47/48 | - | €29,150 | +€29,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €968 | €1,706 | +€739 | +76.3% |
| Other operating charges | 640/8 | €1,289 | €2,156 | +€867 | +67.2% |
| Gross operating margin | 9900 | €3,531 | -€27,216 | -€30,747 | |
| Operating profit (loss) | 9901 | €1,274 | -€31,078 | -€32,352 | |
| Financial charges | 65/66B | €163 | €157 | -€6 | -3.6% |
| Recurring financial charges | 65 | €163 | €157 | -€6 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €1,111 | -€31,235 | -€32,346 | |
| Income taxes | 67/77 | €1,518 | €668 | -€850 | -56.0% |
| Profit (loss) for the period | 9904 | -€407 | -€31,903 | -€31,496 | -7,746% |
| Profit (loss) for the period to be appropriated | 9905 | -€407 | -€31,903 | -€31,496 | -7,746% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.