COMPJO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 02-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,833, smaller than the loss of €24,312 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €328,277 | €257,601 |
| Depreciation and write-downs of the year | €253 | €17,832 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €253 | €17,832 | ▲ 70× |
| Other operating charges640/8 | €62 | €62 | = |
| Gross operating margin9900 | -€23,997 | €16,061 | - |
| Operating profit (loss)9901 | -€24,312 | -€1,833 | ▲ 92.5% |
| Financial income75/76B | €1,495 | €642 | ▼ 57.1% |
| Recurring financial income75 | €1,495 | €642 | ▼ 57.1% |
| Financial charges65/66B | €0 | €169 | ▲ 16,906× |
| Recurring financial charges65 | €0 | €169 | ▲ 16,906× |
| Profit (loss) for the period before taxes9903 | -€22,817 | -€1,361 | ▲ 94.0% |
| Profit (loss) for the period9904 | -€22,817 | -€1,361 | ▲ 94.0% |
| Profit (loss) for the period to be appropriated9905 | -€22,817 | -€1,361 | ▲ 94.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €585,538 | €635,463 | ▲ 8.5% |
| Formation expenses20 | €1,013 | €759 | ▼ 25.0% |
| Fixed assets21/28 | €328,277 | €568,299 | ▲ 73.1% |
| Tangible fixed assets22/27 | €328,277 | €568,299 | ▲ 73.1% |
| Land and buildings22 | €325,065 | €483,917 | ▲ 48.9% |
| Plant, machinery and equipment23 | - | €4,703 | - |
| Furniture and vehicles24 | €3,212 | €79,679 | ▲ 25× |
| Current assets29/58 | €256,249 | €66,405 | ▼ 74.1% |
| Amounts receivable within one year40/41 | €7,493 | €3,502 | ▼ 53.3% |
| Trade receivables40 | - | €2,308 | - |
| Other amounts receivable41 | €7,493 | €1,193 | ▼ 84.1% |
| Cash at bank and in hand54/58 | €248,756 | €62,845 | ▼ 74.7% |
| Deferred charges and accrued income490/1 | - | €59 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €585,538 | €635,463 | ▲ 8.5% |
| Equity10/15 | €577,183 | €575,822 | ▼ 0.2% |
| Contributions10/11 | €600,000 | €600,000 | = |
| Profit (loss) carried forward14 | -€22,817 | -€24,178 | ▼ 6.0% |
| Amounts payable17/49 | €8,355 | €59,641 | ▲ 614% |
| Amounts payable within one year42/48 | €8,355 | €59,641 | ▲ 614% |
| Trade debts44 | €8,355 | €150 | ▼ 98.2% |
| Suppliers440/4 | €8,355 | €150 | ▼ 98.2% |
| Taxes, remuneration and social security45 | - | €1,800 | - |
| Remuneration and social security454/9 | - | €1,800 | - |
| Other amounts payable47/48 | - | €57,691 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€22,817 | -€1,361 | ▲ 94.0% |
| + Depreciation and write-downs630 | €253 | €17,832 | ▲ 70× |
| Operating cash flow (approximation) | -€22,564 | €16,472 | - |
| Investment in fixed assets (approximation) | - | -€257,854 | - |
| Change in cash | - | -€185,911 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 480 companies had the same profile as COMPJO has now. Two years later, 95.8% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COMPJO itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 480 companies, not a prediction for COMPJO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.