COMPAC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COMPAC
Largest movements
- Cash -€121,588
down €121,588 (-87.8%), from €138,555 to €16,967
mainly Debts after one year (-€74,206) and Other debts (-€46,990)
- Receivables within one year -€13,050
down €13,050 (-64.1%), from €20,350 to €7,300
of which Other amounts receivable: -€14,321
- Tangible fixed assets -€5,639
down €5,639 (-9.5%), from €59,331 to €53,691
of which Furniture and vehicles: -€4,585
- Debts after one year -€74,206
down €74,206 (-90.1%), from €82,376 to €8,170
- Other debts -€46,990
down €46,990 (-41.5%), from €113,107 to €66,117
- Profit (loss) carried forward -€14,522
new in 2025: -€14,522
- Reserves -€6,033
down €6,033 (-100.0%), from €6,033 to €0
- Other operating charges +€14,916
up €14,916 (+1380.3%), from €1,081 to €15,996
- Depreciation -€1,785
down €1,785 (-24.0%), from €7,425 to €5,639
- Gross operating margin -€1,145
down €1,145 (-40.7%), from €2,814 to €1,668
- Financial charges -€171
down €171 (-19.7%), from €869 to €698
- Financial income +€111
new in 2025: €111
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,666 | €78,032 | -€140,634 | -64.3% |
| Fixed assets | 21/28 | €59,331 | €53,691 | -€5,639 | -9.5% |
| Tangible fixed assets | 22/27 | €59,331 | €53,691 | -€5,639 | -9.5% |
| Land and buildings | 22 | €43,027 | €41,973 | -€1,055 | -2.5% |
| Furniture and vehicles | 24 | €16,303 | €11,719 | -€4,585 | -28.1% |
| Current assets | 29/58 | €159,335 | €24,341 | -€134,995 | -84.7% |
| Amounts receivable within one year | 40/41 | €20,350 | €7,300 | -€13,050 | -64.1% |
| Trade receivables | 40 | €2,586 | €3,858 | +€1,272 | +49.2% |
| Other amounts receivable | 41 | €17,764 | €3,442 | -€14,321 | -80.6% |
| Cash at bank and in hand | 54/58 | €138,555 | €16,967 | -€121,588 | -87.8% |
| Deferred charges and accrued income | 490/1 | €431 | €73 | -€357 | -83.0% |
| Total equity and liabilities | 10/49 | €218,666 | €78,032 | -€140,634 | -64.3% |
| Equity | 10/15 | €14,777 | -€5,777 | -€20,554 | |
| Contributions | 10/11 | €8,745 | €8,745 | = | 0.0% |
| Reserves | 13 | €6,033 | €0 | -€6,033 | -100.0% |
| Distributable reserves | 133 | €6,033 | €0 | -€6,033 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€14,522 | -€14,522 | |
| Amounts payable | 17/49 | €203,889 | €83,809 | -€120,080 | -58.9% |
| Amounts payable after more than one year | 17 | €82,376 | €8,170 | -€74,206 | -90.1% |
| Financial debts | 170/4 | €82,376 | €8,170 | -€74,206 | -90.1% |
| Amounts payable within one year | 42/48 | €121,513 | €75,640 | -€45,874 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €4,039 | €4,206 | +€167 | +4.1% |
| Trade debts | 44 | €4,368 | €5,317 | +€949 | +21.7% |
| Suppliers | 440/4 | €4,368 | €5,317 | +€949 | +21.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €113,107 | €66,117 | -€46,990 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,425 | €5,639 | -€1,785 | -24.0% |
| Other operating charges | 640/8 | €1,081 | €15,996 | +€14,916 | +1380.3% |
| Gross operating margin | 9900 | €2,814 | €1,668 | -€1,145 | -40.7% |
| Operating profit (loss) | 9901 | -€5,692 | -€19,968 | -€14,276 | -250.8% |
| Financial income | 75/76B | - | €111 | +€111 | |
| Recurring financial income | 75 | - | €111 | +€111 | |
| Financial charges | 65/66B | €869 | €698 | -€171 | -19.7% |
| Recurring financial charges | 65 | €869 | €698 | -€171 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,561 | -€20,554 | -€13,993 | -213.3% |
| Profit (loss) for the period | 9904 | -€6,561 | -€20,554 | -€13,993 | -213.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,561 | -€20,554 | -€13,993 | -213.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.