Combits: what changed
Combits
Largest movements
- Cash +€54,594
up €54,594 (+122%), from €44,905 to €99,498
mainly Net result for the year (+€50,899) and Trade debts (+€9,359)
- Current investments +€4,646
new in 2025: €4,646
- Receivables within one year +€2,299
up €2,299 (+14.1%), from €16,335 to €18,634
- Reserves +€50,899
up €50,899 (+118%), from €43,182 to €94,082
- Trade debts +€9,359
up €9,359 (+171%), from €5,472 to €14,831
- Tax, wage and social debts +€2,689
up €2,689 (+14.5%), from €18,581 to €21,271
- Gross operating margin +€13,379
up €13,379 (+23.3%), from €57,328 to €70,707
- Taxes +€2,431
up €2,431 (+21.5%), from €11,329 to €13,760
- Depreciation +€1,849
up €1,849 (+355%), from €520 to €2,369
- Other operating charges +€889
up €889 (+197%), from €450 to €1,340
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 | €69,236 | €132,183 | +€62,947 | +90.9% |
| Fixed assets | 21/28 | €6,154 | €6,995 | +€841 | +13.7% |
| Tangible fixed assets | 22/27 | €5,954 | €6,795 | +€841 | +14.1% |
| Plant, machinery and equipment | 23 | €5,954 | €6,795 | +€841 | +14.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €63,082 | €125,188 | +€62,106 | +98.5% |
| Amounts receivable within one year | 40/41 | €16,335 | €18,634 | +€2,299 | +14.1% |
| Trade receivables | 40 | €16,335 | €18,634 | +€2,299 | +14.1% |
| Current investments | 50/53 | - | €4,646 | +€4,646 | |
| Cash at bank and in hand | 54/58 | €44,905 | €99,498 | +€54,594 | +122% |
| Deferred charges and accrued income | 490/1 | €1,842 | €2,409 | +€567 | +30.8% |
| Total equity and liabilities | 10/49 | €69,236 | €132,183 | +€62,947 | +90.9% |
| Equity | 10/15 | €45,182 | €96,082 | +€50,899 | +113% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €43,182 | €94,082 | +€50,899 | +118% |
| Distributable reserves | 133 | €43,182 | €94,082 | +€50,899 | +118% |
| Amounts payable | 17/49 | €24,054 | €36,102 | +€12,048 | +50.1% |
| Amounts payable within one year | 42/48 | €24,054 | €36,102 | +€12,048 | +50.1% |
| Trade debts | 44 | €5,472 | €14,831 | +€9,359 | +171% |
| Suppliers | 440/4 | €5,472 | €14,831 | +€9,359 | +171% |
| Taxes, remuneration and social security | 45 | €18,581 | €21,271 | +€2,689 | +14.5% |
| Taxes | 450/3 | €18,581 | €21,271 | +€2,689 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €2,369 | +€1,849 | +355% |
| Other operating charges | 640/8 | €450 | €1,340 | +€889 | +197% |
| Gross operating margin | 9900 | €57,328 | €70,707 | +€13,379 | +23.3% |
| Operating profit (loss) | 9901 | €56,357 | €66,999 | +€10,641 | +18.9% |
| Financial income | 75/76B | - | €92 | +€92 | |
| Recurring financial income | 75 | - | €92 | +€92 | |
| Financial charges | 65/66B | €1,846 | €2,431 | +€586 | +31.7% |
| Recurring financial charges | 65 | €1,846 | €2,431 | +€586 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €54,512 | €64,659 | +€10,148 | +18.6% |
| Income taxes | 67/77 | €11,329 | €13,760 | +€2,431 | +21.5% |
| Profit (loss) for the period | 9904 | €43,182 | €50,899 | +€7,717 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,182 | €50,899 | +€7,717 | +17.9% |
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.