KOMACO INTERNATIONAL: 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.
KOMACO INTERNATIONAL
Largest movements
- Receivables within one year -€10.9m
down €10.9m (-100.0%), from €10.9m to €5,244
of which Other amounts receivable: -€10.9m
- Financial fixed assets +€10.0m
up €10.0m (+196%), from €5.1m to €15.1m
- Receivables after one year -€329,044
down €329,044 (-49.5%), from €664,563 to €335,518
- Other debts +€2.0m
up €2.0m (+725%), from €275,117 to €2.3m
- Debts after one year -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Tax, wage and social debts -€1.3m
down €1.3m (-99.7%), from €1.3m to €4,009
- Financial income -€14.4m
down €14.4m (-99.2%), from €14.5m to €117,027
- Taxes -€1.3m
down €1.3m (-99.9%), from €1.3m to €858
- Gross operating margin +€94,637
up €94,637 (+98.2%), from -€96,335 to -€1,698
- Financial charges -€32,535
down €32,535 (-35.3%), from €92,134 to €59,599
- Other operating charges -€1,999
down €1,999 (-29.4%), from €6,810 to €4,811
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 | €16,818,423 | €15,588,520 | -€1.2m | -7.3% |
| Fixed assets | 21/28 | €5,188,036 | €15,164,921 | +€10.0m | +192% |
| Tangible fixed assets | 22/27 | €93,534 | €70,419 | -€23,115 | -24.7% |
| Furniture and vehicles | 24 | €93,534 | €70,419 | -€23,115 | -24.7% |
| Financial fixed assets | 28 | €5,094,502 | €15,094,502 | +€10.0m | +196% |
| Current assets | 29/58 | €11,630,387 | €423,599 | -€11.2m | -96.4% |
| Amounts receivable after more than one year | 29 | €664,563 | €335,518 | -€329,044 | -49.5% |
| Other amounts receivable | 291 | €664,563 | €335,518 | -€329,044 | -49.5% |
| Amounts receivable within one year | 40/41 | €10,934,644 | €5,244 | -€10.9m | -100.0% |
| Trade receivables | 40 | €0 | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | €10,934,644 | €244 | -€10.9m | -100.0% |
| Cash at bank and in hand | 54/58 | €31,180 | €82,837 | +€51,657 | +166% |
| Total equity and liabilities | 10/49 | €16,818,423 | €15,588,520 | -€1.2m | -7.3% |
| Equity | 10/15 | €13,261,882 | €13,288,827 | +€26,945 | +0.2% |
| Contributions | 10/11 | €207,065 | €207,065 | = | 0.0% |
| Capital | 10 | €102,500 | €102,500 | = | 0.0% |
| Issued capital | 100 | €102,500 | €102,500 | = | 0.0% |
| Contributions outside capital | 11 | €104,565 | €104,565 | = | 0.0% |
| Share premium | 1100/10 | €104,565 | €104,565 | = | 0.0% |
| Reserves | 13 | €12,748,703 | €12,775,648 | +€26,945 | +0.2% |
| Non-distributable reserves | 130/1 | €3,465 | €3,465 | = | 0.0% |
| Legal reserve | 130 | €3,465 | €3,465 | = | 0.0% |
| Distributable reserves | 133 | €12,745,238 | €12,772,183 | +€26,945 | +0.2% |
| Profit (loss) carried forward | 14 | €306,113 | €306,113 | = | 0.0% |
| Amounts payable | 17/49 | €3,556,542 | €2,299,694 | -€1.3m | -35.3% |
| Amounts payable after more than one year | 17 | €1,904,278 | €0 | -€1.9m | -100% |
| Financial debts | 170/4 | €1,904,278 | €0 | -€1.9m | -100% |
| Amounts payable within one year | 42/48 | €1,652,264 | €2,299,694 | +€647,430 | +39.2% |
| Trade debts | 44 | €0 | €25,000 | +€25,000 | |
| Suppliers | 440/4 | €0 | €25,000 | +€25,000 | |
| Advances received on contracts in progress | 46 | €100,000 | €0 | -€100,000 | -100% |
| Taxes, remuneration and social security | 45 | €1,277,147 | €4,009 | -€1.3m | -99.7% |
| Taxes | 450/3 | €1,277,147 | €4,009 | -€1.3m | -99.7% |
| Other amounts payable | 47/48 | €275,117 | €2,270,684 | +€2.0m | +725% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,041 | €23,115 | +€1,074 | +4.9% |
| Other operating charges | 640/8 | €6,810 | €4,811 | -€1,999 | -29.4% |
| Gross operating margin | 9900 | -€96,335 | -€1,698 | +€94,637 | +98.2% |
| Operating profit (loss) | 9901 | -€125,187 | -€29,624 | +€95,563 | +76.3% |
| Financial income | 75/76B | €14,481,738 | €117,027 | -€14.4m | -99.2% |
| Recurring financial income | 75 | €14,481,738 | €117,027 | -€14.4m | -99.2% |
| Financial charges | 65/66B | €92,134 | €59,599 | -€32,535 | -35.3% |
| Recurring financial charges | 65 | €92,134 | €59,599 | -€32,535 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €14,264,417 | €27,803 | -€14.2m | -99.8% |
| Income taxes | 67/77 | €1,273,275 | €858 | -€1.3m | -99.9% |
| Profit (loss) for the period | 9904 | €12,991,141 | €26,945 | -€13.0m | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,991,141 | €26,945 | -€13.0m | -99.8% |
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 29 October 2026 via checked.be.