KOMA: 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.
What changed
KOMA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€12,699
2024 · €2,873-€15,572
Equity
€412,088
2024 · €424,786-€12,699
Cash
€92,984
2024 · €98,645-€5,661
Balance sheet total
€572,251
2024 · €568,372+€3,879
Largest movements
Assets
- Financial fixed assets +€37,950
up €37,950 (+31.4%), from €121,000 to €158,950
- Tangible fixed assets -€26,011
down €26,011 (-7.7%), from €338,537 to €312,526
of which Land and buildings: -€24,705
Equity and liabilities
- Profit (loss) carried forward -€12,699
new in 2025: -€12,699
- Other debts +€9,654
up €9,654 (+176%), from €5,485 to €15,140
- Debts after one year +€6,851
up €6,851 (+5.1%), from €133,805 to €140,656
Income statement
- Gross operating margin -€16,587
down €16,587 (-31.6%), from €52,571 to €35,984
- Taxes -€1,441
down €1,441 (-100.0%), from €1,441 to €0
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.
Result 2024
€2,873
Gross operating margin
-€16,587
Depreciation
-€270
Other operating charges
+€200
Financial income
+€0
Financial charges
-€356
Taxes
+€1,441
Result 2025
-€12,699
raises the resultlowers the result
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.
From operations
+€33,924
Investment
-€46,436
Financing
+€6,851
Cash 2024
€98,645
From operations (derived)
+€33,924
Net result for the year
-€12,699
Depreciation
+€34,497
Receivables within one year
+€2,410
Smaller working-capital items
+€16
Trade debts
-€365
Tax, wage and social debts
+€409
Other debts
+€9,654
Investment (derived)
-€46,436
Investment in fixed assets (net)
-€46,436
Financing
+€6,851
Debts after one year
+€6,851
Cash 2025
€92,984
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €568,372 | €572,251 | +€3,879 | +0.7% |
| Fixed assets | 21/28 | €459,537 | €471,476 | +€11,939 | +2.6% |
| Tangible fixed assets | 22/27 | €338,537 | €312,526 | -€26,011 | -7.7% |
| Land and buildings | 22 | €332,714 | €308,009 | -€24,705 | -7.4% |
| Plant, machinery and equipment | 23 | €2,618 | €1,780 | -€837 | -32.0% |
| Furniture and vehicles | 24 | €3,206 | €2,737 | -€469 | -14.6% |
| Financial fixed assets | 28 | €121,000 | €158,950 | +€37,950 | +31.4% |
| Current assets | 29/58 | €108,834 | €100,775 | -€8,060 | -7.4% |
| Amounts receivable within one year | 40/41 | €9,742 | €7,332 | -€2,410 | -24.7% |
| Trade receivables | 40 | €1,403 | €0 | -€1,403 | -100% |
| Other amounts receivable | 41 | €8,340 | €7,332 | -€1,008 | -12.1% |
| Cash at bank and in hand | 54/58 | €98,645 | €92,984 | -€5,661 | -5.7% |
| Deferred charges and accrued income | 490/1 | €447 | €458 | +€11 | +2.5% |
| Total equity and liabilities | 10/49 | €568,372 | €572,251 | +€3,879 | +0.7% |
| Equity | 10/15 | €424,786 | €412,088 | -€12,699 | -3.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | - | -€400,000 | |
| Issued capital | 100 | €400,000 | - | -€400,000 | |
| Reserves | 13 | €24,786 | €24,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Legal reserve | 130 | €99 | - | -€99 | |
| Reserves not available under the articles | 1311 | €1,140 | €1,239 | +€99 | +8.7% |
| Distributable reserves | 133 | €23,547 | €23,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,699 | -€12,699 | |
| Amounts payable | 17/49 | €143,586 | €160,163 | +€16,578 | +11.5% |
| Amounts payable after more than one year | 17 | €133,805 | €140,656 | +€6,851 | +5.1% |
| Other amounts payable | 178/9 | €133,805 | €140,656 | +€6,851 | +5.1% |
| Amounts payable within one year | 42/48 | €8,871 | €18,570 | +€9,699 | +109% |
| Trade debts | 44 | €365 | €0 | -€365 | -100% |
| Suppliers | 440/4 | €365 | €0 | -€365 | -100% |
| Taxes, remuneration and social security | 45 | €3,021 | €3,430 | +€409 | +13.5% |
| Taxes | 450/3 | €3,021 | €3,430 | +€409 | +13.5% |
| Other amounts payable | 47/48 | €5,485 | €15,140 | +€9,654 | +176% |
| Accrued charges and deferred income | 492/3 | €910 | €938 | +€28 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,228 | €34,497 | +€270 | +0.8% |
| Other operating charges | 640/8 | €3,805 | €3,605 | -€200 | -5.3% |
| Gross operating margin | 9900 | €52,571 | €35,984 | -€16,587 | -31.6% |
| Operating profit (loss) | 9901 | €14,539 | -€2,118 | -€16,657 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +52.7% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +52.7% |
| Financial charges | 65/66B | €10,225 | €10,581 | +€356 | +3.5% |
| Recurring financial charges | 65 | €10,225 | €10,581 | +€356 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €4,314 | -€12,698 | -€17,012 | |
| Income taxes | 67/77 | €1,441 | €0 | -€1,441 | -100.0% |
| Profit (loss) for the period | 9904 | €2,873 | -€12,699 | -€15,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,873 | -€12,699 | -€15,572 |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.