Comanagement: 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.
Comanagement
Largest movements
- Cash -€1,252
down €1,252 (-94.6%), from €1,324 to €71
mainly Net result for the year (-€1,495) and Tax, wage and social debts (-€187)
- Tangible fixed assets -€248
down €248 (-74.9%), from €330 to €83
- Receivables within one year +€100
up €100 (+5.7%), from €1,767 to €1,866
of which Other amounts receivable: +€898
- Profit (loss) carried forward -€1,495
down €1,495 (-229%), from -€653 to -€2,148
- Accrued charges and deferred income +€258
new in 2025: €258
- Tax, wage and social debts -€187
down €187 (-67.9%), from €276 to €88
- Gross operating margin -€1,499
down €1,499, from €942 to -€557
- Other operating charges -€107
down €107 (-14.3%), from €753 to €645
- Taxes -€89
no longer reported in 2025 (was €89)
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 | €4,123 | €2,698 | -€1,424 | -34.5% |
| Fixed assets | 21/28 | €1,008 | €761 | -€248 | -24.6% |
| Tangible fixed assets | 22/27 | €330 | €83 | -€248 | -74.9% |
| Furniture and vehicles | 24 | €330 | €83 | -€248 | -74.9% |
| Financial fixed assets | 28 | €678 | €678 | = | 0.0% |
| Current assets | 29/58 | €3,114 | €1,938 | -€1,177 | -37.8% |
| Amounts receivable within one year | 40/41 | €1,767 | €1,866 | +€100 | +5.7% |
| Trade receivables | 40 | €1,767 | €968 | -€799 | -45.2% |
| Other amounts receivable | 41 | - | €898 | +€898 | |
| Cash at bank and in hand | 54/58 | €1,324 | €71 | -€1,252 | -94.6% |
| Deferred charges and accrued income | 490/1 | €24 | - | -€24 | |
| Total equity and liabilities | 10/49 | €4,123 | €2,698 | -€1,424 | -34.5% |
| Equity | 10/15 | €3,847 | €2,352 | -€1,495 | -38.9% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€653 | -€2,148 | -€1,495 | -229% |
| Amounts payable | 17/49 | €276 | €346 | +€71 | +25.7% |
| Amounts payable within one year | 42/48 | €276 | €88 | -€187 | -67.9% |
| Taxes, remuneration and social security | 45 | €276 | €88 | -€187 | -67.9% |
| Taxes | 450/3 | €276 | €88 | -€187 | -67.9% |
| Accrued charges and deferred income | 492/3 | - | €258 | +€258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €248 | = | 0.0% |
| Other operating charges | 640/8 | €753 | €645 | -€107 | -14.3% |
| Gross operating margin | 9900 | €942 | -€557 | -€1,499 | |
| Operating profit (loss) | 9901 | -€59 | -€1,450 | -€1,391 | -2,377% |
| Financial charges | 65/66B | €45 | €45 | +€0 | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€104 | -€1,495 | -€1,391 | -1,344% |
| Income taxes | 67/77 | €89 | - | -€89 | |
| Profit (loss) for the period | 9904 | -€192 | -€1,495 | -€1,303 | -677% |
| Profit (loss) for the period to be appropriated | 9905 | -€192 | -€1,495 | -€1,303 | -677% |
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 24 October 2026 via checked.be.