KOMO: what changed
Two fiscal 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.
KOMO
Largest movements
- Receivables within one year -€188,524
down €188,524 (-98.2%), from €191,930 to €3,406
of which Other amounts receivable: -€190,024
- Cash -€25,540
down €25,540 (-57.6%), from €44,353 to €18,813
mainly Net result for the year (-€162,553) and Tax, wage and social debts (-€18,992)
- Tangible fixed assets -€2,661
down €2,661 (-13.7%), from €19,377 to €16,717
of which Other tangible fixed assets: -€3,782
- Profit (loss) carried forward -€162,553
down €162,553, from €130,798 to -€31,755
- Tax, wage and social debts -€18,992
down €18,992 (-78.2%), from €24,283 to €5,291
of which Remuneration and social security: -€18,735
- Current portion of long-term debt -€15,863
down €15,863 (-100.0%), from €15,863 to €0
- Trade debts -€7,363
down €7,363 (-27.2%), from €27,098 to €19,735
- Other debts -€7,259
down €7,259 (-100.0%), from €7,259 to €0
- Financial charges +€167,376
up €167,376 (+1869.5%), from €8,953 to €176,329
- Staff costs +€21,441
up €21,441 (+11.2%), from €191,514 to €212,955
- Gross operating margin -€9,925
down €9,925 (-4.1%), from €243,267 to €233,342
- Taxes -€4,230
down €4,230 (-96.6%), from €4,380 to €150
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.
Cash bridge derived
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 | €261,859 | €48,322 | -€213,537 | -81.5% |
| Fixed assets | 21/28 | €19,377 | €16,717 | -€2,661 | -13.7% |
| Tangible fixed assets | 22/27 | €19,377 | €16,717 | -€2,661 | -13.7% |
| Furniture and vehicles | 24 | €1,856 | €2,977 | +€1,121 | +60.4% |
| Other tangible fixed assets | 26 | €17,521 | €13,739 | -€3,782 | -21.6% |
| Current assets | 29/58 | €242,482 | €31,605 | -€210,877 | -87.0% |
| Stocks and contracts in progress | 3 | €2,500 | €4,100 | +€1,600 | +64.0% |
| Stocks | 30/36 | €2,500 | €4,100 | +€1,600 | +64.0% |
| Amounts receivable within one year | 40/41 | €191,930 | €3,406 | -€188,524 | -98.2% |
| Trade receivables | 40 | €1,836 | €3,336 | +€1,500 | +81.7% |
| Other amounts receivable | 41 | €190,095 | €70 | -€190,024 | -100.0% |
| Cash at bank and in hand | 54/58 | €44,353 | €18,813 | -€25,540 | -57.6% |
| Deferred charges and accrued income | 490/1 | €3,698 | €5,286 | +€1,587 | +42.9% |
| Total equity and liabilities | 10/49 | €261,859 | €48,322 | -€213,537 | -81.5% |
| Equity | 10/15 | €186,357 | €22,604 | -€163,753 | -87.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €32,659 | €32,659 | = | 0.0% |
| Distributable reserves | 133 | €32,659 | €32,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,798 | -€31,755 | -€162,553 | |
| Investment grants | 15 | €3,900 | €2,700 | -€1,200 | -30.8% |
| Provisions and deferred taxes | 16 | €1,000 | €692 | -€308 | -30.8% |
| Deferred taxes | 168 | €1,000 | €692 | -€308 | -30.8% |
| Amounts payable | 17/49 | €74,502 | €25,026 | -€49,477 | -66.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €74,502 | €25,026 | -€49,477 | -66.4% |
| Current portion of amounts payable after more than one year | 42 | €15,863 | €0 | -€15,863 | -100.0% |
| Trade debts | 44 | €27,098 | €19,735 | -€7,363 | -27.2% |
| Suppliers | 440/4 | €27,098 | €19,735 | -€7,363 | -27.2% |
| Taxes, remuneration and social security | 45 | €24,283 | €5,291 | -€18,992 | -78.2% |
| Taxes | 450/3 | €2,301 | €2,044 | -€257 | -11.2% |
| Remuneration and social security | 454/9 | €21,981 | €3,246 | -€18,735 | -85.2% |
| Other amounts payable | 47/48 | €7,259 | €0 | -€7,259 | -100.0% |
| Remuneration, social security and pensions | 62 | €191,514 | €212,955 | +€21,441 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,604 | €5,989 | -€615 | -9.3% |
| Other operating charges | 640/8 | €2,185 | €2,310 | +€125 | +5.7% |
| Gross operating margin | 9900 | €243,267 | €233,342 | -€9,925 | -4.1% |
| Operating profit (loss) | 9901 | €42,964 | €12,089 | -€30,875 | -71.9% |
| Financial income | 75/76B | €1,665 | €1,530 | -€136 | -8.1% |
| Recurring financial income | 75 | €1,665 | €1,530 | -€136 | -8.1% |
| Financial charges | 65/66B | €8,953 | €176,329 | +€167,376 | +1869.5% |
| Recurring financial charges | 65 | €8,953 | €176,329 | +€167,376 | +1869.5% |
| Profit (loss) for the period before taxes | 9903 | €35,676 | -€162,711 | -€198,387 | |
| Transfer from deferred taxes | 780 | €308 | €308 | = | 0.0% |
| Income taxes | 67/77 | €4,380 | €150 | -€4,230 | -96.6% |
| Profit (loss) for the period | 9904 | €31,604 | -€162,553 | -€194,157 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,604 | -€162,553 | -€194,157 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.