F-COMMS: what changed
F-COMMS
Largest movements
- Receivables within one year -€57,110
down €57,110 (-42.8%), from €133,424 to €76,314
of which Trade receivables: -€44,530
- Cash -€14,161
down €14,161 (-94.4%), from €15,001 to €840
mainly Trade debts (-€123,764) and Investment in fixed assets (net) (-€16,347)
- Tangible fixed assets +€5,200
up €5,200 (+10.1%), from €51,385 to €56,586
- Trade debts -€123,764
down €123,764 (-79.9%), from €154,938 to €31,174
- Other debts +€60,789
up €60,789 (+148%), from €41,141 to €101,929
- Profit (loss) carried forward -€11,304
down €11,304 (-211%), from -€5,367 to -€16,671
- Contributions +€8,600
up €8,600 (+86.0%), from €10,000 to €18,600
- Gross operating margin -€42,825
down €42,825 (-82.9%), from €51,659 to €8,834
- Other operating charges -€28,047
down €28,047 (-77.1%), from €36,362 to €8,315
- Depreciation +€9,184
up €9,184 (+468%), from €1,962 to €11,146
- Financial charges -€4,620
down €4,620 (-93.0%), from €4,970 to €350
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,773 | €135,357 | -€66,417 | -32.9% |
| Fixed assets | 21/28 | €51,385 | €56,586 | +€5,200 | +10.1% |
| Tangible fixed assets | 22/27 | €51,385 | €56,586 | +€5,200 | +10.1% |
| Furniture and vehicles | 24 | €51,385 | €56,586 | +€5,200 | +10.1% |
| Current assets | 29/58 | €150,388 | €78,771 | -€71,617 | -47.6% |
| Amounts receivable within one year | 40/41 | €133,424 | €76,314 | -€57,110 | -42.8% |
| Trade receivables | 40 | €120,059 | €75,529 | -€44,530 | -37.1% |
| Other amounts receivable | 41 | €13,365 | €784 | -€12,580 | -94.1% |
| Cash at bank and in hand | 54/58 | €15,001 | €840 | -€14,161 | -94.4% |
| Deferred charges and accrued income | 490/1 | €1,963 | €1,617 | -€346 | -17.6% |
| Total equity and liabilities | 10/49 | €201,773 | €135,357 | -€66,417 | -32.9% |
| Equity | 10/15 | €4,633 | €1,929 | -€2,704 | -58.4% |
| Contributions | 10/11 | €10,000 | €18,600 | +€8,600 | +86.0% |
| Profit (loss) carried forward | 14 | -€5,367 | -€16,671 | -€11,304 | -211% |
| Amounts payable | 17/49 | €197,140 | €133,428 | -€63,713 | -32.3% |
| Amounts payable within one year | 42/48 | €196,540 | €133,361 | -€63,180 | -32.1% |
| Trade debts | 44 | €154,938 | €31,174 | -€123,764 | -79.9% |
| Suppliers | 440/4 | €154,938 | €31,174 | -€123,764 | -79.9% |
| Taxes, remuneration and social security | 45 | €461 | €257 | -€204 | -44.3% |
| Taxes | 450/3 | €461 | €257 | -€204 | -44.3% |
| Other amounts payable | 47/48 | €41,141 | €101,929 | +€60,789 | +148% |
| Accrued charges and deferred income | 492/3 | €600 | €67 | -€533 | -88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,962 | €11,146 | +€9,184 | +468% |
| Other operating charges | 640/8 | €36,362 | €8,315 | -€28,047 | -77.1% |
| Gross operating margin | 9900 | €51,659 | €8,834 | -€42,825 | -82.9% |
| Operating profit (loss) | 9901 | €13,335 | -€10,627 | -€23,963 | |
| Financial charges | 65/66B | €4,970 | €350 | -€4,620 | -93.0% |
| Recurring financial charges | 65 | €4,970 | €350 | -€4,620 | -93.0% |
| Profit (loss) for the period before taxes | 9903 | €8,365 | -€10,978 | -€19,343 | |
| Income taxes | 67/77 | €461 | €326 | -€135 | -29.3% |
| Profit (loss) for the period | 9904 | €7,904 | -€11,304 | -€19,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,904 | -€11,304 | -€19,208 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.