KOMATI: 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.
KOMATI
Largest movements
- Tangible fixed assets -€18,277
down €18,277 (-7.0%), from €262,118 to €243,841
- Cash -€17,031
down €17,031 (-20.6%), from €82,578 to €65,547
mainly Net result for the year (-€81,522) and Debts after one year (-€22,341)
- Receivables within one year -€16,947
down €16,947 (-24.0%), from €70,733 to €53,786
of which Other amounts receivable: -€17,266
- Stocks and contracts -€7,122
down €7,122 (-4.2%), from €171,190 to €164,067
- Profit (loss) carried forward -€81,522
down €81,522 (-90.4%), from €90,140 to €8,618
- Trade debts +€54,404
up €54,404 (+57.6%), from €94,485 to €148,890
- Debts after one year -€22,341
down €22,341 (-21.0%), from €106,361 to €84,020
- Tax, wage and social debts -€12,666
down €12,666 (-16.8%), from €75,456 to €62,790
of which Remuneration and social security: -€11,929
- Gross operating margin -€104,845
down €104,845 (-18.0%), from €583,812 to €478,967
- Staff costs -€17,219
down €17,219 (-3.2%), from €537,231 to €520,012
- Depreciation -€8,285
down €8,285 (-26.6%), from €31,158 to €22,874
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 | €589,048 | €528,997 | -€60,051 | -10.2% |
| Fixed assets | 21/28 | €262,118 | €243,841 | -€18,277 | -7.0% |
| Tangible fixed assets | 22/27 | €262,118 | €243,841 | -€18,277 | -7.0% |
| Land and buildings | 22 | €201,287 | €197,447 | -€3,841 | -1.9% |
| Plant, machinery and equipment | 23 | €10,014 | €7,749 | -€2,265 | -22.6% |
| Furniture and vehicles | 24 | €30,151 | €23,521 | -€6,630 | -22.0% |
| Other tangible fixed assets | 26 | €20,665 | €15,124 | -€5,541 | -26.8% |
| Current assets | 29/58 | €326,930 | €285,156 | -€41,774 | -12.8% |
| Stocks and contracts in progress | 3 | €171,190 | €164,067 | -€7,122 | -4.2% |
| Stocks | 30/36 | €171,190 | €164,067 | -€7,122 | -4.2% |
| Amounts receivable within one year | 40/41 | €70,733 | €53,786 | -€16,947 | -24.0% |
| Trade receivables | 40 | - | €319 | +€319 | |
| Other amounts receivable | 41 | €70,733 | €53,467 | -€17,266 | -24.4% |
| Cash at bank and in hand | 54/58 | €82,578 | €65,547 | -€17,031 | -20.6% |
| Deferred charges and accrued income | 490/1 | €2,430 | €1,756 | -€674 | -27.7% |
| Total equity and liabilities | 10/49 | €589,048 | €528,997 | -€60,051 | -10.2% |
| Equity | 10/15 | €248,715 | €167,192 | -€81,522 | -32.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,374 | €152,374 | = | 0.0% |
| Distributable reserves | 133 | €152,374 | €152,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,140 | €8,618 | -€81,522 | -90.4% |
| Amounts payable | 17/49 | €340,334 | €361,805 | +€21,471 | +6.3% |
| Amounts payable after more than one year | 17 | €106,361 | €84,020 | -€22,341 | -21.0% |
| Financial debts | 170/4 | €106,361 | €84,020 | -€22,341 | -21.0% |
| Amounts payable within one year | 42/48 | €233,973 | €277,785 | +€43,812 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €22,100 | €22,753 | +€653 | +3.0% |
| Financial debts | 43 | €802 | - | -€802 | |
| Credit institutions | 430/8 | €802 | - | -€802 | |
| Trade debts | 44 | €94,485 | €148,890 | +€54,404 | +57.6% |
| Suppliers | 440/4 | €94,485 | €148,890 | +€54,404 | +57.6% |
| Taxes, remuneration and social security | 45 | €75,456 | €62,790 | -€12,666 | -16.8% |
| Taxes | 450/3 | €10,319 | €9,582 | -€737 | -7.1% |
| Remuneration and social security | 454/9 | €65,137 | €53,208 | -€11,929 | -18.3% |
| Other amounts payable | 47/48 | €41,130 | €43,353 | +€2,223 | +5.4% |
| Remuneration, social security and pensions | 62 | €537,231 | €520,012 | -€17,219 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,158 | €22,874 | -€8,285 | -26.6% |
| Other operating charges | 640/8 | €2,089 | €7,366 | +€5,277 | +253% |
| Gross operating margin | 9900 | €583,812 | €478,967 | -€104,845 | -18.0% |
| Operating profit (loss) | 9901 | €13,334 | -€71,284 | -€84,618 | |
| Financial income | 75/76B | €328 | €273 | -€54 | -16.6% |
| Recurring financial income | 75 | €328 | €273 | -€54 | -16.6% |
| Financial charges | 65/66B | €14,274 | €10,506 | -€3,768 | -26.4% |
| Recurring financial charges | 65 | €14,002 | €10,506 | -€3,495 | -25.0% |
| Non-recurring financial charges | 66B | €272 | - | -€272 | |
| Profit (loss) for the period before taxes | 9903 | -€612 | -€81,517 | -€80,905 | -13,219% |
| Income taxes | 67/77 | €1,217 | €5 | -€1,212 | -99.6% |
| Profit (loss) for the period | 9904 | -€1,829 | -€81,522 | -€79,693 | -4,356% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,829 | -€81,522 | -€79,693 | -4,356% |
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 17 October 2026 via checked.be.