KOMVEST: 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.
What changed
KOMVEST
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€320,041
2024 · €221,347+€98,694
Equity
€838,504
2024 · €741,328+€97,177
Cash
€296,420
2024 · €451,934-€155,513
Balance sheet total
€1.8m
2024 · €2.7m-€895,728
Largest movements
Assets
- Tangible fixed assets -€714,209
down €714,209 (-33.5%), from €2.1m to €1.4m
of which Land and buildings: -€745,242
- Cash -€155,513
down €155,513 (-34.4%), from €451,934 to €296,420
mainly Short-term financial debts (-€920,177) and Contributions, distributions and other (-€222,864)
Equity and liabilities
- Short-term financial debts -€920,177
down €920,177 (-94.0%), from €978,866 to €58,690
- Debts after one year -€98,506
down €98,506 (-11.7%), from €840,854 to €742,348
- Reserves +€97,177
up €97,177 (+13.5%), from €721,328 to €818,504
of which Distributable reserves: +€72,259
Income statement
- Gross operating margin +€142,193
up €142,193 (+27.1%), from €525,036 to €667,229
- Taxes +€38,377
up €38,377 (+35.1%), from €109,442 to €147,819
- Depreciation -€29,041
down €29,041 (-20.7%), from €140,534 to €111,493
- Staff costs +€15,056
up €15,056 (+61.1%), from €24,650 to €39,706
- Financial charges +€10,241
up €10,241 (+39.8%), from €25,747 to €35,988
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.
Result 2024
€221,347
Gross operating margin
+€142,193
Staff costs
-€15,056
Depreciation
+€29,041
Other operating charges
+€1,273
Financial income
-€985
Financial charges
-€10,241
Taxes
-€38,377
Deferred taxes and other
-€9,153
Result 2025
€320,041
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€481,982
Investment
+€602,716
Financing
-€1.2m
Cash 2024
€451,934
From operations (derived)
+€481,982
Net result for the year
+€320,041
Depreciation
+€111,493
Receivables within one year
+€25,010
Deferred charges and accrued income
+€996
Provisions
+€8,306
Trade debts
+€2,764
Tax, wage and social debts
+€13,373
Investment (derived)
+€602,716
Investment in fixed assets (net)
+€602,716
Financing
-€1.2m
Debts after one year
-€98,506
Current portion of long-term debt
+€1,335
Short-term financial debts
-€920,177
Contributions, distributions and other
-€222,864
Cash 2025
€296,420
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,739,306 | €1,843,577 | -€895,728 | -32.7% |
| Fixed assets | 21/28 | €2,129,753 | €1,415,544 | -€714,209 | -33.5% |
| Tangible fixed assets | 22/27 | €2,129,728 | €1,415,519 | -€714,209 | -33.5% |
| Land and buildings | 22 | €2,014,624 | €1,269,381 | -€745,242 | -37.0% |
| Plant, machinery and equipment | 23 | €5,524 | €2,980 | -€2,544 | -46.1% |
| Furniture and vehicles | 24 | €3,045 | €3,215 | +€169 | +5.6% |
| Other tangible fixed assets | 26 | €106,536 | €139,944 | +€33,408 | +31.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €609,552 | €428,033 | -€181,519 | -29.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €140,603 | €115,594 | -€25,010 | -17.8% |
| Trade receivables | 40 | €0 | €11,085 | +€11,085 | |
| Other amounts receivable | 41 | €140,603 | €104,509 | -€36,095 | -25.7% |
| Current investments | 50/53 | €13,272 | €13,272 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €451,934 | €296,420 | -€155,513 | -34.4% |
| Deferred charges and accrued income | 490/1 | €3,744 | €2,747 | -€996 | -26.6% |
| Total equity and liabilities | 10/49 | €2,739,306 | €1,843,577 | -€895,728 | -32.7% |
| Equity | 10/15 | €741,328 | €838,504 | +€97,177 | +13.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €721,328 | €818,504 | +€97,177 | +13.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €39,409 | €64,326 | +€24,917 | +63.2% |
| Distributable reserves | 133 | €681,919 | €754,178 | +€72,259 | +10.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €13,136 | €21,442 | +€8,306 | +63.2% |
| Deferred taxes | 168 | €13,136 | €21,442 | +€8,306 | +63.2% |
| Amounts payable | 17/49 | €1,984,842 | €983,631 | -€1.0m | -50.4% |
| Amounts payable after more than one year | 17 | €840,854 | €742,348 | -€98,506 | -11.7% |
| Financial debts | 170/4 | €840,854 | €742,348 | -€98,506 | -11.7% |
| Amounts payable within one year | 42/48 | €1,134,277 | €231,572 | -€902,705 | -79.6% |
| Current portion of amounts payable after more than one year | 42 | €97,171 | €98,506 | +€1,335 | +1.4% |
| Financial debts | 43 | €978,866 | €58,690 | -€920,177 | -94.0% |
| Credit institutions | 430/8 | €978,866 | €58,690 | -€920,177 | -94.0% |
| Trade debts | 44 | €19,008 | €21,771 | +€2,764 | +14.5% |
| Suppliers | 440/4 | €19,008 | €21,771 | +€2,764 | +14.5% |
| Taxes, remuneration and social security | 45 | €39,232 | €52,605 | +€13,373 | +34.1% |
| Taxes | 450/3 | €35,963 | €43,603 | +€7,639 | +21.2% |
| Remuneration and social security | 454/9 | €3,269 | €9,003 | +€5,734 | +175% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €9,711 | €9,711 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €95,888 | +€95,888 | |
| Remuneration, social security and pensions | 62 | €24,650 | €39,706 | +€15,056 | +61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,534 | €111,493 | -€29,041 | -20.7% |
| Other operating charges | 640/8 | €6,817 | €5,544 | -€1,273 | -18.7% |
| Gross operating margin | 9900 | €525,036 | €667,229 | +€142,193 | +27.1% |
| Operating profit (loss) | 9901 | €353,036 | €510,486 | +€157,450 | +44.6% |
| Financial income | 75/76B | €2,653 | €1,667 | -€985 | -37.1% |
| Recurring financial income | 75 | €2,653 | €1,667 | -€985 | -37.1% |
| Financial charges | 65/66B | €25,747 | €35,988 | +€10,241 | +39.8% |
| Recurring financial charges | 65 | €25,747 | €35,988 | +€10,241 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €329,941 | €476,166 | +€146,224 | +44.3% |
| Transfer from deferred taxes | 780 | €848 | €15,662 | +€14,814 | +1,748% |
| Transfer to deferred taxes | 680 | - | €23,968 | +€23,968 | |
| Income taxes | 67/77 | €109,442 | €147,819 | +€38,377 | +35.1% |
| Profit (loss) for the period | 9904 | €221,347 | €320,041 | +€98,694 | +44.6% |
| Transfer from tax-exempt reserves | 789 | €2,543 | €46,985 | +€44,443 | +1,748% |
| Transfer to tax-exempt reserves | 689 | - | €71,903 | +€71,903 | |
| Profit (loss) for the period to be appropriated | 9905 | €223,889 | €295,123 | +€71,234 | +31.8% |
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 18 October 2026 via checked.be.