KOMIVER: 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.
KOMIVER
Largest movements
- Cash -€94,183
down €94,183 (-44.5%), from €211,577 to €117,395
mainly Debts after one year (-€130,803) and Contributions, distributions and other (-€98,341)
- Tangible fixed assets -€60,246
down €60,246 (-11.0%), from €548,643 to €488,397
of which Furniture and vehicles: -€33,619
- Financial fixed assets -€50,421
down €50,421 (-100%), from €50,421 to €0
- Receivables within one year +€25,709
up €25,709 (+38.3%), from €67,153 to €92,862
of which Trade receivables: +€47,290
- Receivables after one year +€12,278
new in 2025: €12,278
- Debts after one year -€130,803
down €130,803 (-77.4%), from €169,046 to €38,243
- Reserves -€98,341
down €98,341 (-10.9%), from €903,411 to €805,070
- Other debts +€98,341
up €98,341, from €0 to €98,341
- Accrued charges and deferred income -€31,690
down €31,690 (-98.5%), from €32,170 to €480
- Gross operating margin -€237,658
down €237,658 (-81.5%), from €291,689 to €54,031
- Financial charges -€32,005
down €32,005 (-99.7%), from €32,102 to €97
- Taxes -€29,392
down €29,392 (-95.1%), from €30,922 to €1,530
- Depreciation -€4,387
down €4,387 (-6.8%), from €64,633 to €60,246
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 | €1,127,794 | €964,757 | -€163,037 | -14.5% |
| Fixed assets | 21/28 | €599,064 | €488,397 | -€110,667 | -18.5% |
| Tangible fixed assets | 22/27 | €548,643 | €488,397 | -€60,246 | -11.0% |
| Land and buildings | 22 | €436,175 | €411,321 | -€24,854 | -5.7% |
| Plant, machinery and equipment | 23 | €7,372 | €5,599 | -€1,773 | -24.1% |
| Furniture and vehicles | 24 | €89,596 | €55,977 | -€33,619 | -37.5% |
| Other tangible fixed assets | 26 | €15,500 | €15,500 | = | 0.0% |
| Financial fixed assets | 28 | €50,421 | €0 | -€50,421 | -100% |
| Current assets | 29/58 | €528,730 | €476,360 | -€52,370 | -9.9% |
| Amounts receivable after more than one year | 29 | - | €12,278 | +€12,278 | |
| Other amounts receivable | 291 | - | €12,278 | +€12,278 | |
| Amounts receivable within one year | 40/41 | €67,153 | €92,862 | +€25,709 | +38.3% |
| Trade receivables | 40 | €30,219 | €77,509 | +€47,290 | +156% |
| Other amounts receivable | 41 | €36,934 | €15,353 | -€21,581 | -58.4% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €211,577 | €117,395 | -€94,183 | -44.5% |
| Deferred charges and accrued income | 490/1 | €0 | €3,826 | +€3,826 | |
| Total equity and liabilities | 10/49 | €1,127,794 | €964,757 | -€163,037 | -14.5% |
| Equity | 10/15 | €921,961 | €812,511 | -€109,450 | -11.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €903,411 | €805,070 | -€98,341 | -10.9% |
| Distributable reserves | 133 | €903,411 | €805,070 | -€98,341 | -10.9% |
| Profit (loss) carried forward | 14 | €0 | -€11,108 | -€11,108 | |
| Amounts payable | 17/49 | €205,833 | €152,246 | -€53,587 | -26.0% |
| Amounts payable after more than one year | 17 | €169,046 | €38,243 | -€130,803 | -77.4% |
| Other amounts payable | 178/9 | €169,046 | €38,243 | -€130,803 | -77.4% |
| Amounts payable within one year | 42/48 | €4,617 | €113,523 | +€108,906 | +2,359% |
| Trade debts | 44 | €171 | €6,229 | +€6,058 | +3,552% |
| Suppliers | 440/4 | €171 | €6,229 | +€6,058 | +3,552% |
| Taxes, remuneration and social security | 45 | €4,447 | €8,953 | +€4,506 | +101% |
| Taxes | 450/3 | €4,447 | €8,953 | +€4,506 | +101% |
| Other amounts payable | 47/48 | €0 | €98,341 | +€98,341 | |
| Accrued charges and deferred income | 492/3 | €32,170 | €480 | -€31,690 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,633 | €60,246 | -€4,387 | -6.8% |
| Other operating charges | 640/8 | €3,616 | €3,909 | +€293 | +8.1% |
| Gross operating margin | 9900 | €291,689 | €54,031 | -€237,658 | -81.5% |
| Operating profit (loss) | 9901 | €223,439 | -€10,124 | -€233,564 | |
| Financial income | 75/76B | €3,371 | €643 | -€2,728 | -80.9% |
| Recurring financial income | 75 | €3,371 | €643 | -€2,728 | -80.9% |
| Financial charges | 65/66B | €32,102 | €97 | -€32,005 | -99.7% |
| Recurring financial charges | 65 | €32,102 | €97 | -€32,005 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €194,709 | -€9,578 | -€204,287 | |
| Income taxes | 67/77 | €30,922 | €1,530 | -€29,392 | -95.1% |
| Profit (loss) for the period | 9904 | €163,787 | -€11,108 | -€174,895 | |
| Profit (loss) for the period to be appropriated | 9905 | €163,787 | -€11,108 | -€174,895 |
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 30 October 2026 via checked.be.