Summary
COMPASS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.9m and a net result of -€355,492. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 2413 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
52 d late
2024
2 d early
2023
35 d early
2022
20 d early
2021
30 d late
2020
5 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#5 company by total assets in Tongeren-Borgloon, Finance and insurance sector#6 company by equity in Tongeren-Borgloon, Finance and insurance sector#10 oldest company in Tongeren-Borgloon, Finance and insurance sector
Equity
€9.9m▲ 120%
2024 · €4.5m
Net result
-€355,492▼ 253%
2024 · -€100,839
Total assets
€17.4m▲ 51.7%
2024 · €11.5m
Solvency
57.0%▲ 17.7pp
2024 · 39.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€214,142▲ 9.1%€358,645▲ 67.5%€325,257▼ 9.3%€180,153▼ 44.6%-€72,939
Net result€190,201above the sector's middle half▲ 11.4%€270,416above the sector's middle half▲ 42.2%€72,412within the sector's middle half▼ 73.2%-€100,839below the sector's middle half-€355,492below the sector's middle half▼ 253%
Equity€4.3mabove the sector's middle half▲ 4.7%€4.5mabove the sector's middle half▲ 6.3%€4.6mabove the sector's middle half▲ 1.6%€4.5mabove the sector's middle half▼ 2.2%€9.9mwithin the sector's middle half▲ 120%
Total assets€6.1mabove the sector's middle half▲ 0.5%€7.2mabove the sector's middle half▲ 18.9%€6.7mabove the sector's middle half▼ 6.4%€11.5mabove the sector's middle half▲ 70.4%€17.4mwithin the sector's middle half▲ 51.7%
Debt€1.3m▼ 9.5%€2.2m▲ 68.2%€1.7m▼ 24.9%€6.5m▲ 293%€7.1m▲ 8.4%
Working capital-€426,951▼ 82.7%-€614,503▼ 43.9%-€752,736▼ 22.5%€530,573-€2.5m
Solvency70.5%within the sector's middle half▲ 2.8pp63.1%within the sector's middle half▼ 7.4pp68.5%within the sector's middle half▲ 5.4pp39.3%within the sector's middle half▼ 29.2pp57.0%within the sector's middle half▲ 17.7pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -253% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €72,939 after €180,153 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.4m
Fixed assets
€17.0m ▲ 90.6%
Current assets
€434,556 ▼ 83.1%
Equity and liabilities €17.4m
Equity
€9.9m ▲ 120%
Provisions
€408,540 ▼ 6.3%
Debt
€7.1m ▲ 8.4%
Debt's share of the balance-sheet total falls from 56.9% to 40.7%. Equity and debt are higher.
Key figures and ratios
ROE
-3.6%▼
2024 · -2.2%
ROA
-2.0%▼
2024 · -0.9%
Debt ≤ 1 year
€2.9m▲
2024 · €2.0m
Debt > 1 year
€4.2m▼
2024 · €4.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €145,000 | €148,578 | - | €116,700 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €299,770 | €300,383 | €331,905 | €460,482 | €706,075 | ▲ 53.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€1,500 | - | - | - |
| Other operating charges640/8 | €34,760 | €31,520 | €75,207 | €96,054 | €155,046 | ▲ 61.4% |
| Gross operating margin9900 | €548,672 | €690,548 | €730,869 | €736,689 | €788,182 | ▲ 7.0% |
| Operating profit (loss)9901 | €214,142 | €358,645 | €325,257 | €180,153 | -€72,939 | ▼ 140% |
| Financial income75/76B | - | - | - | €7,201 | €7,466 | ▲ 3.7% |
| Recurring financial income75 | - | - | - | €7,201 | €7,466 | ▲ 3.7% |
| Financial charges65/66B | €48,558 | €43,157 | €83,709 | €315,811 | €317,637 | ▲ 0.6% |
| Recurring financial charges65 | €48,558 | €43,157 | €83,709 | €315,811 | €317,637 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €165,584 | €315,488 | €241,548 | -€128,457 | -€383,110 | ▼ 198% |
| Transfer from deferred taxes780 | €24,617 | €24,758 | €27,712 | €27,618 | €27,618 | = |
| Transfer to deferred taxes680 | - | - | €43,949 | - | - | - |
| Income taxes67/77 | - | €69,830 | €152,899 | - | - | - |
| Profit (loss) for the period9904 | €190,201 | €270,416 | €72,412 | -€100,839 | -€355,492 | ▼ 253% |
| Transfer from tax-exempt reserves789 | €58,605 | €58,939 | €65,974 | €65,750 | €65,750 | = |
| Transfer to tax-exempt reserves689 | - | - | €104,629 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €248,806 | €329,355 | €33,757 | -€35,089 | -€289,742 | ▼ 726% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.1m | €7.2m | €6.7m | €11.5m | €17.4m | ▲ 51.7% |
| Fixed assets21/28 | €5.2m | €5.6m | €5.8m | €8.9m | €17.0m | ▲ 90.6% |
| Tangible fixed assets22/27 | €4.6m | €5.0m | €5.4m | €8.5m | €16.6m | ▲ 95.2% |
| Land and buildings22 | €4.5m | €4.9m | €5.3m | €8.3m | €15.6m | ▲ 86.3% |
| Plant, machinery and equipment23 | - | - | - | €12,849 | €56,894 | ▲ 343% |
| Other tangible fixed assets26 | €130,789 | €130,789 | €130,789 | €130,789 | €962,690 | ▲ 636% |
| Financial fixed assets28 | €579,267 | €579,267 | €432,354 | €432,354 | €432,354 | = |
| Current assets29/58 | €878,558 | €1.6m | €906,006 | €2.6m | €434,556 | ▼ 83.1% |
| Amounts receivable within one year40/41 | €41,168 | €734,182 | €72,114 | €124,555 | €66,686 | ▼ 46.5% |
| Trade receivables40 | €21,168 | €706,923 | €48,463 | €94,116 | €208 | ▼ 99.8% |
| Other amounts receivable41 | €20,000 | €27,259 | €23,651 | €30,439 | €66,478 | ▲ 118% |
| Current investments50/53 | - | - | - | €2.2m | - | - |
| Cash at bank and in hand54/58 | €837,385 | €866,218 | €821,604 | €247,532 | €367,869 | ▲ 48.6% |
| Deferred charges and accrued income490/1 | €5 | €4 | €12,288 | €2 | €1 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.1m | €7.2m | €6.7m | €11.5m | €17.4m | ▲ 51.7% |
| Equity10/15 | €4.3m | €4.5m | €4.6m | €4.5m | €9.9m | ▲ 120% |
| Contributions10/11 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Capital10 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Issued capital100 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | = |
| Revaluation surpluses12 | - | - | - | - | €5.8m | - |
| Reserves13 | €1.3m | €1.2m | €1.3m | €1.2m | €1.1m | ▼ 5.4% |
| Non-distributable reserves130/1 | €176,400 | €176,400 | €176,400 | €176,400 | €176,400 | = |
| Legal reserve130 | €176,400 | €176,400 | €176,400 | €176,400 | €176,400 | = |
| Tax-exempt reserves132 | €1.1m | €1.1m | €1.1m | €1.0m | €972,597 | ▼ 6.3% |
| Profit (loss) carried forward14 | €1.2m | €1.5m | €1.6m | €1.5m | €1.3m | ▼ 18.8% |
| Provisions and deferred taxes16 | €472,298 | €447,540 | €463,777 | €436,159 | €408,540 | ▼ 6.3% |
| Deferred taxes168 | €472,298 | €447,540 | €463,777 | €436,159 | €408,540 | ▼ 6.3% |
| Amounts payable17/49 | €1.3m | €2.2m | €1.7m | €6.5m | €7.1m | ▲ 8.4% |
| Amounts payable after more than one year17 | - | - | - | €4.5m | €4.2m | ▼ 7.4% |
| Financial debts170/4 | - | - | - | €4.5m | €4.2m | ▼ 7.4% |
| Amounts payable within one year42/48 | €1.3m | €2.2m | €1.7m | €2.0m | €2.9m | ▲ 43.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €333,333 | €333,333 | = |
| Trade debts44 | €2,442 | €756,264 | €21,722 | €23,937 | €69,879 | ▲ 192% |
| Suppliers440/4 | €2,442 | €756,264 | €21,722 | €23,937 | €69,879 | ▲ 192% |
| Taxes, remuneration and social security45 | €50,035 | €11,247 | €130,994 | €77,716 | €56,651 | ▼ 27.1% |
| Taxes450/3 | €50,035 | €11,247 | €130,994 | €77,716 | €56,651 | ▼ 27.1% |
| Other amounts payable47/48 | €1.3m | €1.4m | €1.5m | €1.6m | €2.5m | ▲ 53.4% |
| Accrued charges and deferred income492/3 | €12,220 | €1,436 | €5,940 | €190 | €180 | ▼ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €190,201 | €270,416 | €72,412 | -€100,839 | -€355,492 | ▼ 253% |
| + Depreciation and write-downs630 | €299,770 | €300,383 | €331,905 | €460,482 | €706,075 | ▲ 53.3% |
| Operating cash flow (approximation) | €489,971 | €570,799 | €404,317 | €359,643 | €350,583 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | -€722,809 | -€563,291 | -€3.5m | -€8.8m | ▼ 148% |
| Change in cash | - | €28,833 | -€44,614 | -€574,072 | €120,337 | ▲ 121% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 52 days late
2025
31-12
Financial
Weakest financial yearnet -€355,492
Net result drops to -€355,492, the lowest in the series.
31-12
Financial
Equity above €5mEq €9.9m ▲120%
Equity rises from €4.5m to €9.9m.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.26
Current ratio from 0.55 to 1.26.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €1.4m ▲473%
Operating result €2.1m, net result €1.4m, both a record.
31-12
Financial
Liquidity times 6current ratio 2.91
Current ratio from 0.47 to 2.91; short-term debt falls from €1.1m to €936,521.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 1992
Ground area
1.7 ha
Building footprint
9,360 m²
Volume, LiDAR
86,316 m³
Parcel 73348B0813/00G000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Luikersteenweg 214, 3700 Tongeren-Borgloon
since 19922.056.691.097
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0813/00G000 | Flanders | 1.7 ha | 1 · 9,359 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493001UOE2MUXSHFI95
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Of 186 companies in sector 64910 we hold annual accounts for 138. 76 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
64910Financial service activities, except insurance and pension funding
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446566620
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.