COMODIN: 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.
COMODIN
Largest movements
- Cash +€186,191
up €186,191 (+84.8%), from €219,648 to €405,839
mainly Other debts (+€293,942) and Current investments (+€123,204)
- Current investments -€123,204
no longer reported in 2025 (was €123,204)
- Other debts +€293,942
up €293,942 (+620%), from €47,409 to €341,352
- Reserves -€239,812
no longer reported in 2025 (was €239,812)
- Gross operating margin -€16,835
down €16,835 (-13.3%), from €126,363 to €109,528
- Financial income +€9,045
up €9,045 (+411%), from €2,202 to €11,247
- Taxes -€3,601
down €3,601 (-13.0%), from €27,696 to €24,095
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 | €356,268 | €419,890 | +€63,622 | +17.9% |
| Fixed assets | 21/28 | €1,498 | €1,563 | +€65 | +4.3% |
| Tangible fixed assets | 22/27 | €1,498 | €1,563 | +€65 | +4.3% |
| Furniture and vehicles | 24 | €613 | €1,563 | +€950 | +155% |
| Other tangible fixed assets | 26 | €885 | - | -€885 | |
| Current assets | 29/58 | €354,770 | €418,327 | +€63,558 | +17.9% |
| Amounts receivable within one year | 40/41 | €10,328 | €10,658 | +€330 | +3.2% |
| Trade receivables | 40 | €6,363 | - | -€6,363 | |
| Other amounts receivable | 41 | €3,964 | €10,658 | +€6,693 | +169% |
| Current investments | 50/53 | €123,204 | - | -€123,204 | |
| Cash at bank and in hand | 54/58 | €219,648 | €405,839 | +€186,191 | +84.8% |
| Deferred charges and accrued income | 490/1 | €1,590 | €1,830 | +€241 | +15.1% |
| Total equity and liabilities | 10/49 | €356,268 | €419,890 | +€63,622 | +17.9% |
| Equity | 10/15 | €269,812 | €30,000 | -€239,812 | -88.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €239,812 | - | -€239,812 | |
| Distributable reserves | 133 | €239,812 | - | -€239,812 | |
| Amounts payable | 17/49 | €86,456 | €389,890 | +€303,434 | +351% |
| Amounts payable within one year | 42/48 | €74,890 | €374,823 | +€299,933 | +400% |
| Trade debts | 44 | €5,543 | €7,575 | +€2,032 | +36.7% |
| Suppliers | 440/4 | €5,543 | €7,575 | +€2,032 | +36.7% |
| Taxes, remuneration and social security | 45 | €21,938 | €25,896 | +€3,958 | +18.0% |
| Taxes | 450/3 | €18,706 | €16,142 | -€2,564 | -13.7% |
| Remuneration and social security | 454/9 | €3,232 | €9,754 | +€6,522 | +202% |
| Other amounts payable | 47/48 | €47,409 | €341,352 | +€293,942 | +620% |
| Accrued charges and deferred income | 492/3 | €11,566 | €15,067 | +€3,501 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,155 | -€144 | -11.1% |
| Other operating charges | 640/8 | €962 | €994 | +€32 | +3.3% |
| Gross operating margin | 9900 | €126,363 | €109,528 | -€16,835 | -13.3% |
| Operating profit (loss) | 9901 | €124,101 | €107,379 | -€16,722 | -13.5% |
| Financial income | 75/76B | €2,202 | €11,247 | +€9,045 | +411% |
| Recurring financial income | 75 | €2,202 | €11,247 | +€9,045 | +411% |
| Financial charges | 65/66B | €1,621 | €418 | -€1,203 | -74.2% |
| Recurring financial charges | 65 | €1,621 | €418 | -€1,203 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | €124,683 | €118,209 | -€6,474 | -5.2% |
| Income taxes | 67/77 | €27,696 | €24,095 | -€3,601 | -13.0% |
| Profit (loss) for the period | 9904 | €96,987 | €94,114 | -€2,872 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,987 | €94,114 | -€2,872 | -3.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.