COMANO: what changed
COMANO
Largest movements
- Cash +€208,040
up €208,040 (+412%), from €50,485 to €258,525
mainly Investment in fixed assets (net) (+€113,721) and Current investments (+€33,278)
- Tangible fixed assets -€145,833
down €145,833 (-17.8%), from €821,284 to €675,451
of which Land and buildings: -€154,360
- Current investments -€33,278
down €33,278 (-4.5%), from €746,767 to €713,490
- Reserves +€20,450
up €20,450 (+7.2%), from €283,275 to €303,725
- Financial income +€5,437
up €5,437 (+117%), from €4,659 to €10,096
of which Financial income: +€4,470
- Gross operating margin -€5,241
down €5,241 (-8.1%), from €64,858 to €59,617
- Other operating charges +€4,878
up €4,878 (+60.7%), from €8,042 to €12,920
- Taxes -€4,422
down €4,422 (-52.7%), from €8,398 to €3,976
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 | €1,669,876 | €1,694,668 | +€24,792 | +1.5% |
| Fixed assets | 21/28 | €821,284 | €675,451 | -€145,833 | -17.8% |
| Tangible fixed assets | 22/27 | €821,284 | €675,451 | -€145,833 | -17.8% |
| Land and buildings | 22 | €747,722 | €593,363 | -€154,360 | -20.6% |
| Furniture and vehicles | 24 | €1,062 | €9,588 | +€8,527 | +803% |
| Other tangible fixed assets | 26 | €72,500 | €72,500 | = | 0.0% |
| Current assets | 29/58 | €848,592 | €1,019,217 | +€170,625 | +20.1% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,727 | €7,202 | -€1,524 | -17.5% |
| Trade receivables | 40 | €5,748 | €4,840 | -€908 | -15.8% |
| Other amounts receivable | 41 | €2,979 | €2,362 | -€617 | -20.7% |
| Current investments | 50/53 | €746,767 | €713,490 | -€33,278 | -4.5% |
| Cash at bank and in hand | 54/58 | €50,485 | €258,525 | +€208,040 | +412% |
| Deferred charges and accrued income | 490/1 | €2,613 | - | -€2,613 | |
| Total equity and liabilities | 10/49 | €1,669,876 | €1,694,668 | +€24,792 | +1.5% |
| Equity | 10/15 | €1,414,203 | €1,434,682 | +€20,479 | +1.4% |
| Contributions | 10/11 | €770,250 | €770,250 | = | 0.0% |
| Reserves | 13 | €283,275 | €303,725 | +€20,450 | +7.2% |
| Distributable reserves | 133 | €283,275 | €303,725 | +€20,450 | +7.2% |
| Profit (loss) carried forward | 14 | €360,678 | €360,707 | +€29 | 0.0% |
| Amounts payable | 17/49 | €255,673 | €259,986 | +€4,313 | +1.7% |
| Amounts payable after more than one year | 17 | €247,370 | €247,370 | = | 0.0% |
| Financial debts | 170/4 | €247,370 | €247,370 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,303 | €12,616 | +€4,313 | +52.0% |
| Other amounts payable | 47/48 | €8,303 | €12,616 | +€4,313 | +52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,707 | €32,113 | +€405 | +1.3% |
| Other operating charges | 640/8 | €8,042 | €12,920 | +€4,878 | +60.7% |
| Gross operating margin | 9900 | €64,858 | €59,617 | -€5,241 | -8.1% |
| Operating profit (loss) | 9901 | €25,109 | €14,584 | -€10,524 | -41.9% |
| Financial income | 75/76B | €4,659 | €10,096 | +€5,437 | +117% |
| Recurring financial income | 75 | €4,659 | €9,129 | +€4,470 | +96.0% |
| Non-recurring financial income | 76B | - | €967 | +€967 | |
| Financial charges | 65/66B | €153 | €225 | +€72 | +46.9% |
| Recurring financial charges | 65 | €153 | €225 | +€72 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | €29,614 | €24,455 | -€5,159 | -17.4% |
| Income taxes | 67/77 | €8,398 | €3,976 | -€4,422 | -52.7% |
| Profit (loss) for the period | 9904 | €21,216 | €20,479 | -€737 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,216 | €20,479 | -€737 | -3.5% |
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 8 November 2026 via checked.be.