TOTAL COMFORT: what changed
TOTAL COMFORT
Largest movements
- Receivables within one year +€140,279
up €140,279 (+115%), from €122,180 to €262,459
of which Other amounts receivable: +€184,571
- Cash -€118,758
down €118,758 (-39.9%), from €297,640 to €178,882
mainly Receivables within one year (-€140,279) and Investment in fixed assets (net) (-€75,944)
- Stocks and contracts -€33,001
down €33,001 (-16.9%), from €195,326 to €162,325
- Tangible fixed assets +€19,837
up €19,837 (+28.7%), from €69,086 to €88,923
of which Furniture and vehicles: +€25,520
- Financial fixed assets +€12,000
up €12,000 (+350%), from €3,430 to €15,430
- Other debts -€53,563
down €53,563 (-96.9%), from €55,291 to €1,728
- Reserves +€38,468
up €38,468 (+7.3%), from €529,765 to €568,233
- Trade debts +€12,156
up €12,156 (+109%), from €11,131 to €23,288
- Debts after one year +€11,472
up €11,472 (+34.8%), from €33,005 to €44,477
- Current portion of long-term debt +€8,371
up €8,371 (+30.0%), from €27,876 to €36,247
- Staff costs +€148,223
up €148,223 (+81.8%), from €181,243 to €329,466
- Gross operating margin +€134,001
up €134,001 (+46.5%), from €287,917 to €421,918
- Purchases and services +€59,294
up €59,294 (+5.4%), from €1.1m to €1.2m
- Financial charges -€4,346
down €4,346 (-50.3%), from €8,640 to €4,294
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €692,242 | €710,106 | +€17,864 | +2.6% |
| Fixed assets | 21/28 | €72,516 | €104,353 | +€31,837 | +43.9% |
| Tangible fixed assets | 22/27 | €69,086 | €88,923 | +€19,837 | +28.7% |
| Plant, machinery and equipment | 23 | €20,917 | €15,234 | -€5,683 | -27.2% |
| Furniture and vehicles | 24 | €48,169 | €73,689 | +€25,520 | +53.0% |
| Financial fixed assets | 28 | €3,430 | €15,430 | +€12,000 | +350% |
| Current assets | 29/58 | €619,726 | €605,753 | -€13,973 | -2.3% |
| Stocks and contracts in progress | 3 | €195,326 | €162,325 | -€33,001 | -16.9% |
| Stocks | 30/36 | €195,326 | €162,325 | -€33,001 | -16.9% |
| Amounts receivable within one year | 40/41 | €122,180 | €262,459 | +€140,279 | +115% |
| Trade receivables | 40 | €102,964 | €58,672 | -€44,292 | -43.0% |
| Other amounts receivable | 41 | €19,216 | €203,787 | +€184,571 | +961% |
| Cash at bank and in hand | 54/58 | €297,640 | €178,882 | -€118,758 | -39.9% |
| Deferred charges and accrued income | 490/1 | €4,580 | €2,087 | -€2,493 | -54.4% |
| Total equity and liabilities | 10/49 | €692,242 | €710,106 | +€17,864 | +2.6% |
| Equity | 10/15 | €548,365 | €586,833 | +€38,468 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €529,765 | €568,233 | +€38,468 | +7.3% |
| Distributable reserves | 133 | €529,765 | €568,233 | +€38,468 | +7.3% |
| Amounts payable | 17/49 | €143,877 | €123,273 | -€20,604 | -14.3% |
| Amounts payable after more than one year | 17 | €33,005 | €44,477 | +€11,472 | +34.8% |
| Financial debts | 170/4 | €33,005 | €44,477 | +€11,472 | +34.8% |
| Amounts payable within one year | 42/48 | €110,872 | €78,795 | -€32,076 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €27,876 | €36,247 | +€8,371 | +30.0% |
| Trade debts | 44 | €11,131 | €23,288 | +€12,156 | +109% |
| Suppliers | 440/4 | €11,131 | €23,288 | +€12,156 | +109% |
| Taxes, remuneration and social security | 45 | €16,574 | €17,533 | +€959 | +5.8% |
| Remuneration and social security | 454/9 | €16,574 | €17,533 | +€959 | +5.8% |
| Other amounts payable | 47/48 | €55,291 | €1,728 | -€53,563 | -96.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,106,506 | €1,165,800 | +€59,294 | +5.4% |
| Remuneration, social security and pensions | 62 | €181,243 | €329,466 | +€148,223 | +81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,511 | €44,108 | -€2,404 | -5.2% |
| Other operating charges | 640/8 | €2,223 | €2,914 | +€690 | +31.1% |
| Gross operating margin | 9900 | €287,917 | €421,918 | +€134,001 | +46.5% |
| Operating profit (loss) | 9901 | €57,940 | €45,431 | -€12,509 | -21.6% |
| Financial income | 75/76B | €17,457 | €17,151 | -€306 | -1.8% |
| Recurring financial income | 75 | €17,457 | €17,151 | -€306 | -1.8% |
| Financial charges | 65/66B | €8,640 | €4,294 | -€4,346 | -50.3% |
| Recurring financial charges | 65 | €8,640 | €4,294 | -€4,346 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €66,757 | €58,288 | -€8,469 | -12.7% |
| Income taxes | 67/77 | €22,883 | €19,820 | -€3,064 | -13.4% |
| Profit (loss) for the period | 9904 | €43,874 | €38,468 | -€5,406 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,874 | €38,468 | -€5,406 | -12.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.