Komatco: 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.
Komatco
Largest movements
- Financial fixed assets +€966,619
up €966,619 (+31.0%), from €3.1m to €4.1m
- Receivables within one year -€765,746
down €765,746 (-73.8%), from €1.0m to €272,246
of which Other amounts receivable: -€765,745
- Cash -€86,274
down €86,274 (-99.8%), from €86,478 to €204
mainly Investment in fixed assets (net) (-€966,619) and Net result for the year (-€292,444)
- Debts after one year +€294,259
up €294,259 (+4.1%), from €7.2m to €7.5m
- Profit (loss) carried forward -€292,444
down €292,444 (-5.9%), from -€5.0m to -€5.3m
- Short-term financial debts +€111,404
new in 2025: €111,404
- Gross operating margin +€111,770
up €111,770, from -€13,808 to €97,962
- Purchases and services -€66,592
down €66,592 (-38.5%), from €173,177 to €106,585
- Turnover +€45,178
up €45,178 (+28.3%), from €159,369 to €204,547
- Financial charges +€33,457
up €33,457 (+13.8%), from €242,257 to €275,714
- Staff costs +€8,023
up €8,023 (+4.2%), from €188,978 to €197,001
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 | €4,353,738 | €4,468,337 | +€114,599 | +2.6% |
| Fixed assets | 21/28 | €3,178,964 | €4,145,583 | +€966,619 | +30.4% |
| Tangible fixed assets | 22/27 | €62,882 | €62,882 | = | 0.0% |
| Land and buildings | 22 | €62,882 | €62,882 | = | 0.0% |
| Financial fixed assets | 28 | €3,116,082 | €4,082,701 | +€966,619 | +31.0% |
| Current assets | 29/58 | €1,174,774 | €322,754 | -€852,020 | -72.5% |
| Amounts receivable within one year | 40/41 | €1,037,992 | €272,246 | -€765,746 | -73.8% |
| Trade receivables | 40 | €47,696 | €47,695 | -€1 | 0.0% |
| Other amounts receivable | 41 | €990,296 | €224,551 | -€765,745 | -77.3% |
| Cash at bank and in hand | 54/58 | €86,478 | €204 | -€86,274 | -99.8% |
| Deferred charges and accrued income | 490/1 | €50,304 | €50,304 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,353,738 | €4,468,337 | +€114,599 | +2.6% |
| Equity | 10/15 | -€2,892,929 | -€3,185,373 | -€292,444 | -10.1% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €1,955,011 | €1,955,011 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,932 | €44,932 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Other | 1319 | €32,537 | €32,537 | = | 0.0% |
| Distributable reserves | 133 | €1,910,079 | €1,910,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,971,887 | -€5,264,331 | -€292,444 | -5.9% |
| Amounts payable | 17/49 | €7,246,667 | €7,653,710 | +€407,043 | +5.6% |
| Amounts payable after more than one year | 17 | €7,191,402 | €7,485,661 | +€294,259 | +4.1% |
| Financial debts | 170/4 | €7,191,402 | €7,485,661 | +€294,259 | +4.1% |
| Amounts payable within one year | 42/48 | €52,765 | €165,549 | +€112,784 | +214% |
| Financial debts | 43 | - | €111,404 | +€111,404 | |
| Credit institutions | 430/8 | - | €111,404 | +€111,404 | |
| Trade debts | 44 | €29,244 | €29,782 | +€538 | +1.8% |
| Suppliers | 440/4 | €29,244 | €29,782 | +€538 | +1.8% |
| Taxes, remuneration and social security | 45 | €23,521 | €24,363 | +€842 | +3.6% |
| Remuneration and social security | 454/9 | €23,521 | €24,363 | +€842 | +3.6% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Turnover | 70 | €159,369 | €204,547 | +€45,178 | +28.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €173,177 | €106,585 | -€66,592 | -38.5% |
| Remuneration, social security and pensions | 62 | €188,978 | €197,001 | +€8,023 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | - | -€561 | |
| Other operating charges | 640/8 | €1,377 | €477 | -€900 | -65.4% |
| Gross operating margin | 9900 | -€13,808 | €97,962 | +€111,770 | |
| Operating profit (loss) | 9901 | -€204,724 | -€99,516 | +€105,208 | +51.4% |
| Financial income | 75/76B | €87,512 | €82,786 | -€4,726 | -5.4% |
| Recurring financial income | 75 | €87,512 | €82,786 | -€4,726 | -5.4% |
| Financial charges | 65/66B | €242,257 | €275,714 | +€33,457 | +13.8% |
| Recurring financial charges | 65 | €242,257 | €275,714 | +€33,457 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | -€359,469 | -€292,444 | +€67,025 | +18.6% |
| Profit (loss) for the period | 9904 | -€359,469 | -€292,444 | +€67,025 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€359,469 | -€292,444 | +€67,025 | +18.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.