MADE BY COM: 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.
MADE BY COM
Largest movements
- Receivables within one year +€3,348
up €3,348 (+12.7%), from €26,371 to €29,719
of which Trade receivables: +€3,905
- Tangible fixed assets +€2,247
new in 2025: €2,247
- Cash +€1,038
up €1,038 (+20.1%), from €5,172 to €6,210
mainly Net result for the year (+€8,786) and Other debts (+€5,587)
- Profit (loss) carried forward +€8,786
up €8,786 (+19.4%), from -€45,214 to -€36,427
- Trade debts -€7,717
down €7,717 (-32.6%), from €23,642 to €15,925
- Other debts +€5,587
up €5,587 (+15.5%), from €35,973 to €41,559
- Gross operating margin +€7,231
up €7,231 (+197.2%), from €3,667 to €10,898
- Depreciation -€224
down €224 (-28.5%), from €785 to €561
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 | €33,001 | €39,666 | +€6,666 | +20.2% |
| Fixed assets | 21/28 | - | €2,247 | +€2,247 | |
| Tangible fixed assets | 22/27 | - | €2,247 | +€2,247 | |
| Furniture and vehicles | 24 | - | €2,247 | +€2,247 | |
| Current assets | 29/58 | €33,001 | €37,420 | +€4,419 | +13.4% |
| Amounts receivable within one year | 40/41 | €26,371 | €29,719 | +€3,348 | +12.7% |
| Trade receivables | 40 | €24,389 | €28,294 | +€3,905 | +16.0% |
| Other amounts receivable | 41 | €1,982 | €1,426 | -€556 | -28.1% |
| Cash at bank and in hand | 54/58 | €5,172 | €6,210 | +€1,038 | +20.1% |
| Deferred charges and accrued income | 490/1 | €1,458 | €1,490 | +€33 | +2.2% |
| Total equity and liabilities | 10/49 | €33,001 | €39,666 | +€6,666 | +20.2% |
| Equity | 10/15 | -€26,614 | -€17,827 | +€8,786 | +33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,214 | -€36,427 | +€8,786 | +19.4% |
| Amounts payable | 17/49 | €59,615 | €57,494 | -€2,121 | -3.6% |
| Amounts payable within one year | 42/48 | €59,615 | €57,494 | -€2,121 | -3.6% |
| Trade debts | 44 | €23,642 | €15,925 | -€7,717 | -32.6% |
| Suppliers | 440/4 | €23,642 | €15,925 | -€7,717 | -32.6% |
| Taxes, remuneration and social security | 45 | - | €9 | +€9 | |
| Taxes | 450/3 | - | €9 | +€9 | |
| Other amounts payable | 47/48 | €35,973 | €41,559 | +€5,587 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €561 | -€224 | -28.5% |
| Other operating charges | 640/8 | €906 | €957 | +€51 | +5.6% |
| Gross operating margin | 9900 | €3,667 | €10,898 | +€7,231 | +197.2% |
| Operating profit (loss) | 9901 | €1,976 | €9,380 | +€7,404 | +374.6% |
| Financial charges | 65/66B | €160 | €212 | +€52 | +32.4% |
| Recurring financial charges | 65 | €160 | €212 | +€52 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €1,816 | €9,168 | +€7,352 | +404.8% |
| Income taxes | 67/77 | €370 | €382 | +€12 | +3.2% |
| Profit (loss) for the period | 9904 | €1,446 | €8,786 | +€7,340 | +507.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,446 | €8,786 | +€7,340 | +507.5% |
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.