Quai55 - COMSET: 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.
Quai55 - COMSET
Largest movements
- Cash -€212,258
down €212,258 (-73.6%), from €288,462 to €76,204
mainly Contributions, distributions and other (-€250,000) and Investment in fixed assets (net) (-€80,412)
- Receivables within one year +€63,433
up €63,433 (+499.2%), from €12,708 to €76,141
of which Trade receivables: +€34,908
- Tangible fixed assets +€50,383
up €50,383 (+13.2%), from €381,907 to €432,290
of which Land and buildings: +€56,770
- Reserves -€136,519
down €136,519 (-34.9%), from €391,610 to €255,090
of which Distributable reserves: -€136,519
- Other debts +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Debts after one year -€31,180
down €31,180 (-65.4%), from €47,680 to €16,500
- Trade debts +€14,109
up €14,109 (+554.9%), from €2,543 to €16,652
- Gross operating margin -€31,642
down €31,642 (-8.6%), from €366,197 to €334,554
- Other operating charges +€20,477
up €20,477 (+15.9%), from €128,916 to €149,394
- Taxes -€13,204
down €13,204 (-23.6%), from €55,999 to €42,796
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 | €699,936 | €598,939 | -€100,996 | -14.4% |
| Fixed assets | 21/28 | €382,695 | €432,681 | +€49,986 | +13.1% |
| Intangible fixed assets | 21 | €788 | €391 | -€397 | -50.3% |
| Tangible fixed assets | 22/27 | €381,907 | €432,290 | +€50,383 | +13.2% |
| Land and buildings | 22 | €283,693 | €340,463 | +€56,770 | +20.0% |
| Plant, machinery and equipment | 23 | €98,214 | €91,827 | -€6,387 | -6.5% |
| Current assets | 29/58 | €317,240 | €166,258 | -€150,982 | -47.6% |
| Amounts receivable within one year | 40/41 | €12,708 | €76,141 | +€63,433 | +499.2% |
| Trade receivables | 40 | €340 | €35,249 | +€34,908 | +10261.8% |
| Other amounts receivable | 41 | €12,367 | €40,892 | +€28,525 | +230.6% |
| Cash at bank and in hand | 54/58 | €288,462 | €76,204 | -€212,258 | -73.6% |
| Deferred charges and accrued income | 490/1 | €16,071 | €13,914 | -€2,157 | -13.4% |
| Total equity and liabilities | 10/49 | €699,936 | €598,939 | -€100,996 | -14.4% |
| Equity | 10/15 | €410,360 | €273,840 | -€136,519 | -33.3% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €391,610 | €255,090 | -€136,519 | -34.9% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,735 | €1,735 | = | 0.0% |
| Distributable reserves | 133 | €387,999 | €251,480 | -€136,519 | -35.2% |
| Amounts payable | 17/49 | €289,576 | €325,099 | +€35,523 | +12.3% |
| Amounts payable after more than one year | 17 | €47,680 | €16,500 | -€31,180 | -65.4% |
| Other amounts payable | 178/9 | €47,680 | €16,500 | -€31,180 | -65.4% |
| Amounts payable within one year | 42/48 | €241,896 | €308,599 | +€66,703 | +27.6% |
| Financial debts | 43 | €349 | €2,093 | +€1,744 | +500.2% |
| Credit institutions | 430/8 | €349 | €2,093 | +€1,744 | +500.2% |
| Trade debts | 44 | €2,543 | €16,652 | +€14,109 | +554.9% |
| Suppliers | 440/4 | €2,543 | €16,652 | +€14,109 | +554.9% |
| Advances received on contracts in progress | 46 | €39,005 | €39,854 | +€850 | +2.2% |
| Other amounts payable | 47/48 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Remuneration, social security and pensions | 62 | €89 | - | -€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,947 | €30,426 | +€2,479 | +8.9% |
| Other operating charges | 640/8 | €128,916 | €149,394 | +€20,477 | +15.9% |
| Gross operating margin | 9900 | €366,197 | €334,554 | -€31,642 | -8.6% |
| Operating profit (loss) | 9901 | €209,245 | €154,735 | -€54,510 | -26.1% |
| Financial income | 75/76B | €740 | €1,594 | +€855 | +115.6% |
| Recurring financial income | 75 | €740 | €1,594 | +€855 | +115.6% |
| Financial charges | 65/66B | €155 | €53 | -€102 | -66.0% |
| Recurring financial charges | 65 | €155 | €53 | -€102 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €209,830 | €156,276 | -€53,553 | -25.5% |
| Income taxes | 67/77 | €55,999 | €42,796 | -€13,204 | -23.6% |
| Profit (loss) for the period | 9904 | €153,830 | €113,481 | -€40,350 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €153,830 | €113,481 | -€40,350 | -26.2% |
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 8 October 2026 via checked.be.