Komec: what changed
What changed
Komec
NACE 25.530, Machining of metals
filed annual accounts (NBB)
Net result for the year
€3.3m
2024 · €36,638+€3.3m
Equity
€16.8m
2024 · €13.5m+€3.3m
Cash
-
2024 · €0
Balance sheet total
€23.2m
2024 · €18.0m+€5.3m
Largest movements
Assets
- Stocks and contracts +€4.6m
up €4.6m (+40.8%), from €11.3m to €15.9m
of which Contracts in progress: +€4.1m
- Tangible fixed assets +€319,212
up €319,212 (+17.9%), from €1.8m to €2.1m
of which Assets under construction and advance payments: +€291,187
Equity and liabilities
- Reserves +€3.3m
up €3.3m (+24.6%), from €13.4m to €16.7m
of which Distributable reserves: +€3.3m
- Current portion of long-term debt -€2.4m
down €2.4m (-100%), from €2.4m to €0
- Short-term financial debts +€2.4m
new in 2025: €2.4m
- Other debts +€1.9m
up €1.9m (+287%), from €676,953 to €2.6m
Income statement
- Goods and materials +€4.8m
up €4.8m (+38.4%), from €12.4m to €17.2m
of which Purchases: +€5.5m
- Turnover +€3.5m
up €3.5m (+16.6%), from €21.1m to €24.7m
- Taxes +€1.1m
up €1.1m (+2,181%), from €50,245 to €1.1m
of which Taxes: +€1.1m
- Write-downs -€348,627
new in 2025: -€348,627
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€36,638
Turnover
+€3.5m
Other operating income
+€9,145
Goods and materials
-€4.8m
Services and other goods
-€65,103
Staff costs
-€169,919
Depreciation
+€17,643
Write-downs
+€348,627
Other operating charges
-€28,774
Other operating items
+€5.3m
Financial income
+€19,656
Financial charges
+€131,798
Taxes
-€1.1m
Result 2025
€3.3m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.0m
Investment
-€1.0m
Financing
€0
Cash 2024
€0
From operations (derived)
+€1.0m
Net result for the year
+€3.3m
Depreciation
+€718,753
Stocks and contracts
-€4.6m
Receivables within one year
-€143,254
Deferred charges and accrued income
-€181,708
Trade debts
-€22,313
Tax, wage and social debts
+€62,995
Other debts
+€1.9m
Accrued charges and deferred income
-€29,230
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
€0
Current portion of long-term debt
-€2.4m
Short-term financial debts
+€2.4m
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,963,844 | €23,216,861 | +€5.3m | +29.2% |
| Fixed assets | 21/28 | €1,785,245 | €2,104,458 | +€319,212 | +17.9% |
| Tangible fixed assets | 22/27 | €1,785,245 | €2,104,458 | +€319,212 | +17.9% |
| Land and buildings | 22 | €70,820 | €35,611 | -€35,209 | -49.7% |
| Plant, machinery and equipment | 23 | €1,393,357 | €1,533,472 | +€140,115 | +10.1% |
| Furniture and vehicles | 24 | €22,688 | €40,523 | +€17,835 | +78.6% |
| Other tangible fixed assets | 26 | €298,380 | €203,665 | -€94,715 | -31.7% |
| Assets under construction and advance payments | 27 | - | €291,187 | +€291,187 | |
| Current assets | 29/58 | €16,178,599 | €21,112,403 | +€4.9m | +30.5% |
| Stocks and contracts in progress | 3 | €11,292,172 | €15,901,014 | +€4.6m | +40.8% |
| Stocks | 30/36 | €4,750,030 | €5,255,496 | +€505,465 | +10.6% |
| Goods purchased for resale | 34 | €4,056,095 | €4,623,456 | +€567,360 | +14.0% |
| Advance payments | 36 | €693,935 | €632,040 | -€61,895 | -8.9% |
| Contracts in progress | 37 | €6,542,141 | €10,645,518 | +€4.1m | +62.7% |
| Amounts receivable within one year | 40/41 | €4,789,550 | €4,932,804 | +€143,254 | +3.0% |
| Trade receivables | 40 | €4,481,804 | €4,682,870 | +€201,066 | +4.5% |
| Other amounts receivable | 41 | €307,746 | €249,934 | -€57,811 | -18.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €96,877 | €278,585 | +€181,708 | +188% |
| Total equity and liabilities | 10/49 | €17,963,844 | €23,216,861 | +€5.3m | +29.2% |
| Equity | 10/15 | €13,464,870 | €16,760,239 | +€3.3m | +24.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €13,402,870 | €16,698,239 | +€3.3m | +24.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,949 | €5,949 | = | 0.0% |
| Distributable reserves | 133 | €13,390,720 | €16,686,090 | +€3.3m | +24.6% |
| Amounts payable | 17/49 | €4,498,974 | €6,456,621 | +€2.0m | +43.5% |
| Amounts payable within one year | 42/48 | €4,423,993 | €6,410,871 | +€2.0m | +44.9% |
| Current portion of amounts payable after more than one year | 42 | €2,400,000 | €0 | -€2.4m | -100% |
| Financial debts | 43 | - | €2,400,000 | +€2.4m | |
| Other loans | 439 | - | €2,400,000 | +€2.4m | |
| Trade debts | 44 | €833,607 | €811,293 | -€22,313 | -2.7% |
| Suppliers | 440/4 | €833,607 | €811,293 | -€22,313 | -2.7% |
| Taxes, remuneration and social security | 45 | €513,434 | €576,428 | +€62,995 | +12.3% |
| Taxes | 450/3 | €0 | €45,977 | +€45,977 | |
| Remuneration and social security | 454/9 | €513,434 | €530,451 | +€17,018 | +3.3% |
| Other amounts payable | 47/48 | €676,953 | €2,623,149 | +€1.9m | +287% |
| Accrued charges and deferred income | 492/3 | €74,981 | €45,751 | -€29,230 | -39.0% |
| Operating income | 70/76A | €20,000,130 | €28,863,907 | +€8.9m | +44.3% |
| Turnover | 70 | €21,137,334 | €24,652,065 | +€3.5m | +16.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,227,366 | €4,103,377 | +€5.3m | |
| Other operating income | 74 | €89,248 | €98,393 | +€9,145 | +10.2% |
| Non-recurring operating income | 76A | €913 | €10,072 | +€9,159 | +1,003% |
| Operating charges | 60/66A | €19,633,419 | €24,294,223 | +€4.7m | +23.7% |
| Goods for resale, raw materials and consumables | 60 | €12,408,030 | €17,176,553 | +€4.8m | +38.4% |
| Purchases | 600/8 | €11,890,828 | €17,395,286 | +€5.5m | +46.3% |
| Change in stocks: decrease (increase) | 609 | €517,202 | -€218,733 | -€735,936 | |
| Services and other goods | 61 | €2,683,014 | €2,748,118 | +€65,103 | +2.4% |
| Remuneration, social security and pensions | 62 | €3,763,410 | €3,933,329 | +€169,919 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €736,397 | €718,753 | -€17,643 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€348,627 | -€348,627 | |
| Other operating charges | 640/8 | €37,323 | €66,097 | +€28,774 | +77.1% |
| Non-recurring operating charges | 66A | €5,245 | €0 | -€5,245 | -100% |
| Operating profit (loss) | 9901 | €366,711 | €4,569,684 | +€4.2m | +1,146% |
| Financial income | 75/76B | €4,702 | €24,358 | +€19,656 | +418% |
| Recurring financial income | 75 | €4,702 | €24,358 | +€19,656 | +418% |
| Income from current assets | 751 | €0 | €5,232 | +€5,232 | |
| Other financial income | 752/9 | €4,702 | €19,126 | +€14,424 | +307% |
| Financial charges | 65/66B | €284,529 | €152,731 | -€131,798 | -46.3% |
| Recurring financial charges | 65 | €284,529 | €152,731 | -€131,798 | -46.3% |
| Debt charges | 650 | €217,703 | €123,490 | -€94,213 | -43.3% |
| Other financial charges | 652/9 | €66,826 | €29,241 | -€37,585 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €86,883 | €4,441,311 | +€4.4m | +5,012% |
| Income taxes | 67/77 | €50,245 | €1,145,942 | +€1.1m | +2,181% |
| Taxes | 670/3 | €54,542 | €1,145,977 | +€1.1m | +2,001% |
| Tax adjustments and reversals of tax provisions | 77 | €4,296 | €35 | -€4,261 | -99.2% |
| Profit (loss) for the period | 9904 | €36,638 | €3,295,369 | +€3.3m | +8,894% |
| Profit (loss) for the period to be appropriated | 9905 | €36,638 | €3,295,369 | +€3.3m | +8,894% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.