COMDIS: what changed
COMDIS
Largest movements
- Cash -€100,589
down €100,589 (-39.4%), from €255,018 to €154,429
mainly Net result for the year (-€1.0m) and Current portion of long-term debt (-€403,219)
- Receivables within one year -€80,170
down €80,170 (-34.4%), from €233,315 to €153,145
of which Trade receivables: -€148,479
- Intangible fixed assets -€57,693
down €57,693 (-24.9%), from €231,506 to €173,813
- Stocks and contracts +€49,896
up €49,896 (+11.6%), from €429,498 to €479,394
- Tangible fixed assets +€41,599
up €41,599 (+35.6%), from €116,918 to €158,517
of which Plant, machinery and equipment: +€58,061
- Trade debts +€1.5m
up €1.5m (+334%), from €445,834 to €1.9m
- Profit (loss) carried forward -€1.0m
down €1.0m (-294%), from -€347,057 to -€1.4m
- Current portion of long-term debt -€403,219
down €403,219 (-84.0%), from €480,226 to €77,007
- Debts after one year -€81,605
down €81,605 (-22.3%), from €365,219 to €283,615
of which Financial debts: -€77,007
- Tax, wage and social debts -€77,287
down €77,287 (-45.1%), from €171,362 to €94,075
of which Remuneration and social security: -€59,286
- Gross operating margin -€910,895
down €910,895, from €781,582 to -€129,313
- Staff costs -€243,480
down €243,480 (-26.8%), from €908,018 to €664,538
- Financial charges +€61,766
up €61,766 (+83.2%), from €74,218 to €135,984
of which Financial charges: +€43,283
- Financial income +€60,231
up €60,231 (+50,678%), from €119 to €60,350
- Other operating charges +€47,280
up €47,280 (+361%), from €13,111 to €60,392
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 | €1,269,005 | €1,121,958 | -€147,047 | -11.6% |
| Fixed assets | 21/28 | €348,424 | €332,330 | -€16,094 | -4.6% |
| Intangible fixed assets | 21 | €231,506 | €173,813 | -€57,693 | -24.9% |
| Tangible fixed assets | 22/27 | €116,918 | €158,517 | +€41,599 | +35.6% |
| Plant, machinery and equipment | 23 | - | €58,061 | +€58,061 | |
| Furniture and vehicles | 24 | €116,918 | €100,456 | -€16,462 | -14.1% |
| Current assets | 29/58 | €920,581 | €789,628 | -€130,953 | -14.2% |
| Stocks and contracts in progress | 3 | €429,498 | €479,394 | +€49,896 | +11.6% |
| Stocks | 30/36 | €429,498 | €479,394 | +€49,896 | +11.6% |
| Amounts receivable within one year | 40/41 | €233,315 | €153,145 | -€80,170 | -34.4% |
| Trade receivables | 40 | €173,232 | €24,753 | -€148,479 | -85.7% |
| Other amounts receivable | 41 | €60,084 | €128,392 | +€68,309 | +114% |
| Cash at bank and in hand | 54/58 | €255,018 | €154,429 | -€100,589 | -39.4% |
| Deferred charges and accrued income | 490/1 | €2,750 | €2,661 | -€89 | -3.2% |
| Total equity and liabilities | 10/49 | €1,269,005 | €1,121,958 | -€147,047 | -11.6% |
| Equity | 10/15 | -€247,057 | -€1,268,781 | -€1.0m | -414% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€347,057 | -€1,368,781 | -€1.0m | -294% |
| Amounts payable | 17/49 | €1,516,062 | €2,390,739 | +€874,677 | +57.7% |
| Amounts payable after more than one year | 17 | €365,219 | €283,615 | -€81,605 | -22.3% |
| Financial debts | 170/4 | €356,821 | €279,815 | -€77,007 | -21.6% |
| Other amounts payable | 178/9 | €8,398 | €3,800 | -€4,598 | -54.8% |
| Amounts payable within one year | 42/48 | €1,100,528 | €2,107,124 | +€1.0m | +91.5% |
| Current portion of amounts payable after more than one year | 42 | €480,226 | €77,007 | -€403,219 | -84.0% |
| Trade debts | 44 | €445,834 | €1,936,042 | +€1.5m | +334% |
| Suppliers | 440/4 | €445,834 | €1,936,042 | +€1.5m | +334% |
| Taxes, remuneration and social security | 45 | €171,362 | €94,075 | -€77,287 | -45.1% |
| Taxes | 450/3 | €18,001 | - | -€18,001 | |
| Remuneration and social security | 454/9 | €153,361 | €94,075 | -€59,286 | -38.7% |
| Other amounts payable | 47/48 | €3,106 | - | -€3,106 | |
| Accrued charges and deferred income | 492/3 | €50,314 | - | -€50,314 | |
| Non-recurring operating income | 76A | €690,697 | €3,932 | -€686,765 | -99.4% |
| Remuneration, social security and pensions | 62 | €908,018 | €664,538 | -€243,480 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,056 | €89,777 | -€1,279 | -1.4% |
| Other operating charges | 640/8 | €13,111 | €60,392 | +€47,280 | +361% |
| Non-recurring operating charges | 66A | €42,355 | €2,070 | -€40,285 | -95.1% |
| Gross operating margin | 9900 | €781,582 | -€129,313 | -€910,895 | |
| Operating profit (loss) | 9901 | -€272,958 | -€946,090 | -€673,132 | -247% |
| Financial income | 75/76B | €119 | €60,350 | +€60,231 | +50,678% |
| Recurring financial income | 75 | €119 | €60,350 | +€60,231 | +50,678% |
| Financial charges | 65/66B | €74,218 | €135,984 | +€61,766 | +83.2% |
| Recurring financial charges | 65 | €74,218 | €117,501 | +€43,283 | +58.3% |
| Non-recurring financial charges | 66B | - | €18,482 | +€18,482 | |
| Profit (loss) for the period before taxes | 9903 | -€347,057 | -€1,021,724 | -€674,667 | -194% |
| Profit (loss) for the period | 9904 | -€347,057 | -€1,021,724 | -€674,667 | -194% |
| Profit (loss) for the period to be appropriated | 9905 | -€347,057 | -€1,021,724 | -€674,667 | -194% |
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.