Compack: 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.
Compack
Largest movements
- Tangible fixed assets +€146,507
new in 2025: €146,507
- Receivables within one year +€67,930
up €67,930 (+1192.8%), from €5,695 to €73,625
of which Trade receivables: +€71,682
- Cash +€31,335
up €31,335 (+134080.4%), from €23 to €31,358
mainly Debts after one year (+€128,571) and Trade debts (+€54,095)
- Intangible fixed assets +€19,830
new in 2025: €19,830
- Debts after one year +€128,571
new in 2025: €128,571
- Trade debts +€54,095
up €54,095 (+323.0%), from €16,746 to €70,840
- Profit (loss) carried forward +€35,187
up €35,187, from -€34,001 to €1,185
- Other debts +€27,468
up €27,468 (+137.5%), from €19,974 to €47,442
- Current portion of long-term debt +€21,429
new in 2025: €21,429
- Gross operating margin +€75,316
up €75,316, from -€32,488 to €42,829
- Depreciation +€3,663
new in 2025: €3,663
- Financial charges +€3,314
up €3,314 (+2744.6%), from €121 to €3,435
- Other operating charges -€849
down €849 (-61.0%), from €1,393 to €544
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 | €5,718 | €272,468 | +€266,749 | +4664.9% |
| Fixed assets | 21/28 | - | €166,337 | +€166,337 | |
| Intangible fixed assets | 21 | - | €19,830 | +€19,830 | |
| Tangible fixed assets | 22/27 | - | €146,507 | +€146,507 | |
| Plant, machinery and equipment | 23 | - | €146,507 | +€146,507 | |
| Current assets | 29/58 | €5,718 | €106,131 | +€100,412 | +1756.0% |
| Amounts receivable within one year | 40/41 | €5,695 | €73,625 | +€67,930 | +1192.8% |
| Trade receivables | 40 | - | €71,682 | +€71,682 | |
| Other amounts receivable | 41 | €5,695 | €1,943 | -€3,752 | -65.9% |
| Cash at bank and in hand | 54/58 | €23 | €31,358 | +€31,335 | +134080.4% |
| Deferred charges and accrued income | 490/1 | - | €1,148 | +€1,148 | |
| Total equity and liabilities | 10/49 | €5,718 | €272,468 | +€266,749 | +4664.9% |
| Equity | 10/15 | -€31,001 | €4,185 | +€35,187 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,001 | €1,185 | +€35,187 | |
| Amounts payable | 17/49 | €36,719 | €268,282 | +€231,563 | +630.6% |
| Amounts payable after more than one year | 17 | - | €128,571 | +€128,571 | |
| Financial debts | 170/4 | - | €128,571 | +€128,571 | |
| Amounts payable within one year | 42/48 | €36,719 | €139,711 | +€102,992 | +280.5% |
| Current portion of amounts payable after more than one year | 42 | - | €21,429 | +€21,429 | |
| Trade debts | 44 | €16,746 | €70,840 | +€54,095 | +323.0% |
| Suppliers | 440/4 | €16,746 | €70,840 | +€54,095 | +323.0% |
| Other amounts payable | 47/48 | €19,974 | €47,442 | +€27,468 | +137.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,663 | +€3,663 | |
| Other operating charges | 640/8 | €1,393 | €544 | -€849 | -61.0% |
| Gross operating margin | 9900 | -€32,488 | €42,829 | +€75,316 | |
| Operating profit (loss) | 9901 | -€33,881 | €38,622 | +€72,502 | |
| Financial charges | 65/66B | €121 | €3,435 | +€3,314 | +2744.6% |
| Recurring financial charges | 65 | €121 | €3,435 | +€3,314 | +2744.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,001 | €35,187 | +€69,188 | |
| Profit (loss) for the period | 9904 | -€34,001 | €35,187 | +€69,188 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,001 | €35,187 | +€69,188 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.