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.
KOMA
Largest movements
- Cash +€58,607
up €58,607 (+87.6%), from €66,934 to €125,541
mainly Net result for the year (+€153,112) and Other debts (+€103,802)
- Tangible fixed assets -€37,898
down €37,898 (-27.3%), from €138,947 to €101,050
- Receivables within one year -€27,076
down €27,076 (-16.6%), from €163,054 to €135,979
of which Trade receivables: -€26,929
- Stocks and contracts -€9,007
down €9,007 (-37.2%), from €24,190 to €15,183
- Reserves -€131,237
no longer reported in 2025 (was €131,237)
- Other debts +€103,802
up €103,802 (+128.9%), from €80,557 to €184,359
- Tax, wage and social debts +€24,444
up €24,444 (+35.3%), from €69,334 to €93,778
of which Taxes: +€27,420
- Advances received -€11,090
down €11,090 (-48.7%), from €22,749 to €11,659
- Gross operating margin +€74,564
up €74,564 (+23.6%), from €316,080 to €390,644
- Taxes +€62,252
up €62,252 (+140.5%), from €44,299 to €106,552
- Staff costs -€8,761
down €8,761 (-10.6%), from €82,462 to €73,701
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 | €393,683 | €377,752 | -€15,931 | -4.0% |
| Fixed assets | 21/28 | €138,947 | €101,050 | -€37,898 | -27.3% |
| Tangible fixed assets | 22/27 | €138,947 | €101,050 | -€37,898 | -27.3% |
| Plant, machinery and equipment | 23 | €138,947 | €101,050 | -€37,898 | -27.3% |
| Current assets | 29/58 | €254,736 | €276,703 | +€21,967 | +8.6% |
| Stocks and contracts in progress | 3 | €24,190 | €15,183 | -€9,007 | -37.2% |
| Stocks | 30/36 | €24,190 | €15,183 | -€9,007 | -37.2% |
| Amounts receivable within one year | 40/41 | €163,054 | €135,979 | -€27,076 | -16.6% |
| Trade receivables | 40 | €161,414 | €134,486 | -€26,929 | -16.7% |
| Other amounts receivable | 41 | €1,640 | €1,493 | -€147 | -9.0% |
| Cash at bank and in hand | 54/58 | €66,934 | €125,541 | +€58,607 | +87.6% |
| Deferred charges and accrued income | 490/1 | €557 | - | -€557 | |
| Total equity and liabilities | 10/49 | €393,683 | €377,752 | -€15,931 | -4.0% |
| Equity | 10/15 | €149,837 | €18,600 | -€131,237 | -87.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,237 | - | -€131,237 | |
| Distributable reserves | 133 | €131,237 | - | -€131,237 | |
| Amounts payable | 17/49 | €243,845 | €359,152 | +€115,307 | +47.3% |
| Amounts payable within one year | 42/48 | €239,294 | €358,062 | +€118,768 | +49.6% |
| Trade debts | 44 | €66,654 | €68,266 | +€1,611 | +2.4% |
| Suppliers | 440/4 | €66,654 | €68,266 | +€1,611 | +2.4% |
| Advances received on contracts in progress | 46 | €22,749 | €11,659 | -€11,090 | -48.7% |
| Taxes, remuneration and social security | 45 | €69,334 | €93,778 | +€24,444 | +35.3% |
| Taxes | 450/3 | €55,326 | €82,746 | +€27,420 | +49.6% |
| Remuneration and social security | 454/9 | €14,008 | €11,032 | -€2,976 | -21.2% |
| Other amounts payable | 47/48 | €80,557 | €184,359 | +€103,802 | +128.9% |
| Accrued charges and deferred income | 492/3 | €4,551 | €1,090 | -€3,461 | -76.0% |
| Remuneration, social security and pensions | 62 | €82,462 | €73,701 | -€8,761 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,168 | €45,941 | -€3,227 | -6.6% |
| Other operating charges | 640/8 | €8,021 | €11,545 | +€3,525 | +43.9% |
| Gross operating margin | 9900 | €316,080 | €390,644 | +€74,564 | +23.6% |
| Operating profit (loss) | 9901 | €176,429 | €259,456 | +€83,027 | +47.1% |
| Financial income | 75/76B | €16 | €3,116 | +€3,099 | +19227.4% |
| Recurring financial income | 75 | €16 | €116 | +€99 | +616.9% |
| Non-recurring financial income | 76B | - | €3,000 | +€3,000 | |
| Financial charges | 65/66B | €909 | €2,908 | +€2,000 | +220.1% |
| Recurring financial charges | 65 | €909 | €2,908 | +€2,000 | +220.1% |
| Profit (loss) for the period before taxes | 9903 | €175,537 | €259,664 | +€84,127 | +47.9% |
| Income taxes | 67/77 | €44,299 | €106,552 | +€62,252 | +140.5% |
| Profit (loss) for the period | 9904 | €131,237 | €153,112 | +€21,874 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €131,237 | €153,112 | +€21,874 | +16.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.