COMINK: 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.
COMINK
Largest movements
- Receivables within one year +€185,224
up €185,224 (+44.8%), from €413,417 to €598,640
of which Other amounts receivable: +€172,991
- Tangible fixed assets -€101,962
down €101,962 (-33.7%), from €302,516 to €200,554
of which Plant, machinery and equipment: -€96,563
- Other debts +€246,616
new in 2025: €246,616
- Profit (loss) carried forward -€145,737
down €145,737 (-100%), from €145,737 to €0
- Debts after one year -€136,626
down €136,626 (-40.5%), from €337,542 to €200,916
- Trade debts +€37,593
up €37,593 (+93.6%), from €40,157 to €77,749
- Short-term financial debts +€37,569
up €37,569 (+63.4%), from €59,253 to €96,823
- Gross operating margin +€148,033
up €148,033 (+65.0%), from €227,898 to €375,930
- Staff costs +€30,248
up €30,248 (+22.4%), from €135,020 to €165,268
- Depreciation -€28,018
down €28,018 (-21.6%), from €129,980 to €101,962
- Financial income -€13,610
no longer reported in 2025 (was €13,610)
- Taxes +€9,781
up €9,781, from -€258 to €9,523
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €767,638 | €846,960 | +€79,322 | +10.3% |
| Fixed assets | 21/28 | €302,696 | €200,734 | -€101,962 | -33.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €302,516 | €200,554 | -€101,962 | -33.7% |
| Land and buildings | 22 | €3,735 | €2,498 | -€1,238 | -33.1% |
| Plant, machinery and equipment | 23 | €265,701 | €169,138 | -€96,563 | -36.3% |
| Furniture and vehicles | 24 | €6,413 | €3,823 | -€2,590 | -40.4% |
| Other tangible fixed assets | 26 | €26,667 | €25,096 | -€1,571 | -5.9% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €464,942 | €646,225 | +€181,283 | +39.0% |
| Stocks and contracts in progress | 3 | €45,000 | €47,585 | +€2,585 | +5.7% |
| Stocks | 30/36 | €45,000 | €47,585 | +€2,585 | +5.7% |
| Amounts receivable within one year | 40/41 | €413,417 | €598,640 | +€185,224 | +44.8% |
| Trade receivables | 40 | €141,185 | €153,418 | +€12,233 | +8.7% |
| Other amounts receivable | 41 | €272,231 | €445,222 | +€172,991 | +63.5% |
| Cash at bank and in hand | 54/58 | €3,000 | - | -€3,000 | |
| Deferred charges and accrued income | 490/1 | €3,525 | - | -€3,525 | |
| Total equity and liabilities | 10/49 | €767,638 | €846,960 | +€79,322 | +10.3% |
| Equity | 10/15 | €169,807 | €24,070 | -€145,737 | -85.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,670 | €11,670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €11,670 | €11,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,737 | €0 | -€145,737 | -100% |
| Amounts payable | 17/49 | €597,831 | €822,889 | +€225,059 | +37.6% |
| Amounts payable after more than one year | 17 | €337,542 | €200,916 | -€136,626 | -40.5% |
| Financial debts | 170/4 | €337,542 | €200,916 | -€136,626 | -40.5% |
| Amounts payable within one year | 42/48 | €260,289 | €620,974 | +€360,685 | +139% |
| Current portion of amounts payable after more than one year | 42 | €118,004 | €155,371 | +€37,367 | +31.7% |
| Financial debts | 43 | €59,253 | €96,823 | +€37,569 | +63.4% |
| Credit institutions | 430/8 | €59,253 | €96,823 | +€37,569 | +63.4% |
| Trade debts | 44 | €40,157 | €77,749 | +€37,593 | +93.6% |
| Suppliers | 440/4 | €40,157 | €77,749 | +€37,593 | +93.6% |
| Taxes, remuneration and social security | 45 | €42,874 | €44,415 | +€1,540 | +3.6% |
| Taxes | 450/3 | €33,848 | €24,029 | -€9,819 | -29.0% |
| Remuneration and social security | 454/9 | €9,026 | €20,386 | +€11,359 | +126% |
| Other amounts payable | 47/48 | - | €246,616 | +€246,616 | |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €135,020 | €165,268 | +€30,248 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,980 | €101,962 | -€28,018 | -21.6% |
| Other operating charges | 640/8 | €5,340 | €14 | -€5,326 | -99.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €227,898 | €375,930 | +€148,033 | +65.0% |
| Operating profit (loss) | 9901 | -€42,442 | €108,687 | +€151,129 | |
| Financial income | 75/76B | €13,610 | - | -€13,610 | |
| Recurring financial income | 75 | €13,610 | - | -€13,610 | |
| Financial charges | 65/66B | €16,785 | €22,614 | +€5,830 | +34.7% |
| Recurring financial charges | 65 | €16,785 | €22,614 | +€5,830 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | -€45,617 | €86,073 | +€131,690 | |
| Income taxes | 67/77 | -€258 | €9,523 | +€9,781 | |
| Profit (loss) for the period | 9904 | -€45,359 | €76,550 | +€121,908 | |
| Transfer from tax-exempt reserves | 789 | €9,810 | - | -€9,810 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,549 | €76,550 | +€112,098 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.