KOMODO: 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.
KOMODO
Largest movements
- Tangible fixed assets -€52,632
down €52,632 (-75.8%), from €69,410 to €16,778
- Cash -€28,265
down €28,265 (-86.6%), from €32,645 to €4,380
mainly Accrued charges and deferred income (-€78,434) and Trade debts (-€63,143)
- Receivables within one year -€17,760
down €17,760 (-17.9%), from €99,227 to €81,467
of which Trade receivables: -€10,128
- Stocks and contracts -€12,661
down €12,661 (-53.5%), from €23,653 to €10,992
- Deferred charges and accrued income -€3,565
down €3,565 (-98.3%), from €3,625 to €60
- Accrued charges and deferred income -€78,434
no longer reported in 2025 (was €78,434)
- Trade debts -€63,143
down €63,143 (-44.3%), from €142,630 to €79,487
- Tax, wage and social debts +€24,151
up €24,151 (+38.8%), from €62,257 to €86,407
of which Taxes: +€18,981
- Profit (loss) carried forward +€17,302
up €17,302 (+9.5%), from -€181,321 to -€164,019
- Debts after one year -€9,204
down €9,204 (-22.0%), from €41,855 to €32,651
of which Financial debts: -€7,204
- Staff costs -€141,815
down €141,815 (-31.3%), from €452,922 to €311,107
- Gross operating margin -€85,909
down €85,909 (-18.2%), from €472,974 to €387,065
- Other operating charges -€60,297
down €60,297 (-97.8%), from €61,675 to €1,379
- Depreciation +€22,059
up €22,059 (+72.2%), from €30,573 to €52,632
- Provisions +€13,230
no longer reported in 2025 (was -€13,230)
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 | €228,560 | €113,977 | -€114,583 | -50.1% |
| Fixed assets | 21/28 | €69,410 | €17,078 | -€52,332 | -75.4% |
| Tangible fixed assets | 22/27 | €69,410 | €16,778 | -€52,632 | -75.8% |
| Plant, machinery and equipment | 23 | €16,610 | €10,096 | -€6,514 | -39.2% |
| Furniture and vehicles | 24 | €28,403 | €6,682 | -€21,721 | -76.5% |
| Other tangible fixed assets | 26 | €24,397 | - | -€24,397 | |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €159,150 | €96,899 | -€62,251 | -39.1% |
| Stocks and contracts in progress | 3 | €23,653 | €10,992 | -€12,661 | -53.5% |
| Stocks | 30/36 | €23,653 | €10,992 | -€12,661 | -53.5% |
| Amounts receivable within one year | 40/41 | €99,227 | €81,467 | -€17,760 | -17.9% |
| Trade receivables | 40 | €91,594 | €81,467 | -€10,128 | -11.1% |
| Other amounts receivable | 41 | €7,632 | - | -€7,632 | |
| Cash at bank and in hand | 54/58 | €32,645 | €4,380 | -€28,265 | -86.6% |
| Deferred charges and accrued income | 490/1 | €3,625 | €60 | -€3,565 | -98.3% |
| Total equity and liabilities | 10/49 | €228,560 | €113,977 | -€114,583 | -50.1% |
| Equity | 10/15 | -€129,888 | -€112,585 | +€17,302 | +13.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,321 | -€164,019 | +€17,302 | +9.5% |
| Investment grants | 15 | €7,433 | €7,433 | = | 0.0% |
| Amounts payable | 17/49 | €358,448 | €226,562 | -€131,886 | -36.8% |
| Amounts payable after more than one year | 17 | €41,855 | €32,651 | -€9,204 | -22.0% |
| Financial debts | 170/4 | €7,204 | - | -€7,204 | |
| Other amounts payable | 178/9 | €34,651 | €32,651 | -€2,000 | -5.8% |
| Amounts payable within one year | 42/48 | €238,159 | €193,911 | -€44,248 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €22,651 | €18,911 | -€3,740 | -16.5% |
| Financial debts | 43 | €622 | - | -€622 | |
| Credit institutions | 430/8 | €622 | - | -€622 | |
| Trade debts | 44 | €142,630 | €79,487 | -€63,143 | -44.3% |
| Suppliers | 440/4 | €142,630 | €79,487 | -€63,143 | -44.3% |
| Taxes, remuneration and social security | 45 | €62,257 | €86,407 | +€24,151 | +38.8% |
| Taxes | 450/3 | €36,835 | €55,816 | +€18,981 | +51.5% |
| Remuneration and social security | 454/9 | €25,422 | €30,591 | +€5,169 | +20.3% |
| Other amounts payable | 47/48 | €10,000 | €9,107 | -€893 | -8.9% |
| Accrued charges and deferred income | 492/3 | €78,434 | - | -€78,434 | |
| Remuneration, social security and pensions | 62 | €452,922 | €311,107 | -€141,815 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,573 | €52,632 | +€22,059 | +72.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,230 | - | +€13,230 | |
| Other operating charges | 640/8 | €61,675 | €1,379 | -€60,297 | -97.8% |
| Non-recurring operating charges | 66A | €196 | - | -€196 | |
| Gross operating margin | 9900 | €472,974 | €387,065 | -€85,909 | -18.2% |
| Operating profit (loss) | 9901 | -€59,161 | €21,948 | +€81,109 | |
| Financial income | 75/76B | €3,743 | €53 | -€3,690 | -98.6% |
| Recurring financial income | 75 | €3,743 | €53 | -€3,690 | -98.6% |
| Financial charges | 65/66B | €16,121 | €4,687 | -€11,434 | -70.9% |
| Recurring financial charges | 65 | €16,121 | €4,687 | -€11,434 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | -€71,540 | €17,314 | +€88,854 | |
| Income taxes | 67/77 | €0 | €12 | +€12 | +58900.0% |
| Profit (loss) for the period | 9904 | -€71,540 | €17,302 | +€88,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,540 | €17,302 | +€88,842 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.