KOMVOS: 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.
KOMVOS
Largest movements
- Receivables within one year +€50,778
up €50,778 (+9.0%), from €564,077 to €614,855
of which Other amounts receivable: +€51,152
- Cash +€32,455
up €32,455 (+37.3%), from €86,946 to €119,401
mainly Other debts (+€149,600) and Net result for the year (+€99,526)
- Other debts +€149,600
up €149,600 (+524.9%), from €28,500 to €178,100
- Reserves -€90,700
down €90,700 (-23.9%), from €378,953 to €288,253
of which Distributable reserves: -€90,700
- Tax, wage and social debts +€16,934
up €16,934 (+17.5%), from €96,649 to €113,583
of which Taxes: +€17,074
- Gross operating margin -€15,830
down €15,830 (-11.6%), from €136,427 to €120,597
- Financial income +€7,708
up €7,708 (+24.9%), from €30,988 to €38,696
- Taxes -€5,542
down €5,542 (-11.5%), from €48,356 to €42,814
- Depreciation +€1,450
up €1,450 (+15.0%), from €9,638 to €11,088
- Other operating charges +€1,384
up €1,384 (+31.4%), from €4,411 to €5,795
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 | €873,497 | €946,414 | +€72,917 | +8.3% |
| Fixed assets | 21/28 | €209,145 | €200,550 | -€8,595 | -4.1% |
| Tangible fixed assets | 22/27 | €209,145 | €200,550 | -€8,595 | -4.1% |
| Land and buildings | 22 | €201,156 | €192,310 | -€8,846 | -4.4% |
| Furniture and vehicles | 24 | €5,957 | €6,416 | +€459 | +7.7% |
| Other tangible fixed assets | 26 | €2,032 | €1,825 | -€207 | -10.2% |
| Current assets | 29/58 | €664,352 | €745,864 | +€81,512 | +12.3% |
| Amounts receivable within one year | 40/41 | €564,077 | €614,855 | +€50,778 | +9.0% |
| Trade receivables | 40 | €23,924 | €23,550 | -€374 | -1.6% |
| Other amounts receivable | 41 | €540,153 | €591,305 | +€51,152 | +9.5% |
| Current investments | 50/53 | €8,222 | €9,791 | +€1,569 | +19.1% |
| Cash at bank and in hand | 54/58 | €86,946 | €119,401 | +€32,455 | +37.3% |
| Deferred charges and accrued income | 490/1 | €5,107 | €1,816 | -€3,291 | -64.4% |
| Total equity and liabilities | 10/49 | €873,497 | €946,414 | +€72,917 | +8.3% |
| Equity | 10/15 | €738,555 | €648,081 | -€90,474 | -12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €378,953 | €288,253 | -€90,700 | -23.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €377,093 | €286,393 | -€90,700 | -24.1% |
| Profit (loss) carried forward | 14 | €353,402 | €353,629 | +€227 | +0.1% |
| Amounts payable | 17/49 | €134,942 | €298,333 | +€163,391 | +121.1% |
| Amounts payable within one year | 42/48 | €126,724 | €298,333 | +€171,609 | +135.4% |
| Trade debts | 44 | €1,575 | €6,649 | +€5,074 | +322.2% |
| Suppliers | 440/4 | €1,575 | €6,649 | +€5,074 | +322.2% |
| Taxes, remuneration and social security | 45 | €96,649 | €113,583 | +€16,934 | +17.5% |
| Taxes | 450/3 | €96,509 | €113,583 | +€17,074 | +17.7% |
| Remuneration and social security | 454/9 | €140 | - | -€140 | |
| Other amounts payable | 47/48 | €28,500 | €178,100 | +€149,600 | +524.9% |
| Accrued charges and deferred income | 492/3 | €8,218 | - | -€8,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,638 | €11,088 | +€1,450 | +15.0% |
| Other operating charges | 640/8 | €4,411 | €5,795 | +€1,384 | +31.4% |
| Gross operating margin | 9900 | €136,427 | €120,597 | -€15,830 | -11.6% |
| Operating profit (loss) | 9901 | €122,378 | €103,713 | -€18,665 | -15.3% |
| Financial income | 75/76B | €30,988 | €38,696 | +€7,708 | +24.9% |
| Recurring financial income | 75 | €30,988 | €38,696 | +€7,708 | +24.9% |
| Financial charges | 65/66B | €505 | €69 | -€436 | -86.3% |
| Recurring financial charges | 65 | €505 | €69 | -€436 | -86.3% |
| Profit (loss) for the period before taxes | 9903 | €152,861 | €142,341 | -€10,520 | -6.9% |
| Income taxes | 67/77 | €48,356 | €42,814 | -€5,542 | -11.5% |
| Profit (loss) for the period | 9904 | €104,505 | €99,526 | -€4,979 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €104,505 | €99,526 | -€4,979 | -4.8% |
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 4 October 2026 via checked.be.