CompactCode: 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.
CompactCode
Largest movements
- Cash +€33,194
up €33,194 (+11534.9%), from €288 to €33,482
mainly Trade debts (+€132,181) and Depreciation (+€37,176)
- Financial fixed assets -€9,813
down €9,813 (-100.0%), from €9,813 to €0
- Receivables within one year -€9,107
down €9,107 (-8.7%), from €104,584 to €95,478
of which Other amounts receivable: -€6,036
- Tangible fixed assets -€6,501
down €6,501 (-5.5%), from €117,550 to €111,049
of which Plant, machinery and equipment: -€5,361
- Deferred charges and accrued income +€3,948
new in 2025: €3,948
- Other debts -€134,616
down €134,616 (-44.6%), from €301,995 to €167,380
- Trade debts +€132,181
up €132,181 (+131458.3%), from €101 to €132,282
- Short-term financial debts -€20,949
down €20,949 (-100.0%), from €20,949 to €0
- Profit (loss) carried forward +€17,164
up €17,164 (+12.1%), from -€142,026 to -€124,862
- Tax, wage and social debts +€17,033
up €17,033 (+52.2%), from €32,616 to €49,649
of which Taxes: +€16,816
- Staff costs -€112,925
down €112,925 (-26.5%), from €425,894 to €312,969
- Gross operating margin +€75,308
up €75,308 (+24.9%), from €302,274 to €377,582
- Depreciation +€11,296
up €11,296 (+43.6%), from €25,881 to €37,176
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 | €232,235 | €243,957 | +€11,722 | +5.0% |
| Fixed assets | 21/28 | €127,363 | €111,049 | -€16,314 | -12.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €117,550 | €111,049 | -€6,501 | -5.5% |
| Plant, machinery and equipment | 23 | €10,941 | €5,580 | -€5,361 | -49.0% |
| Furniture and vehicles | 24 | €99,856 | €101,297 | +€1,441 | +1.4% |
| Other tangible fixed assets | 26 | €6,752 | €4,173 | -€2,580 | -38.2% |
| Financial fixed assets | 28 | €9,813 | €0 | -€9,813 | -100.0% |
| Current assets | 29/58 | €104,872 | €132,907 | +€28,035 | +26.7% |
| Amounts receivable within one year | 40/41 | €104,584 | €95,478 | -€9,107 | -8.7% |
| Trade receivables | 40 | €75,796 | €72,725 | -€3,071 | -4.1% |
| Other amounts receivable | 41 | €28,789 | €22,753 | -€6,036 | -21.0% |
| Cash at bank and in hand | 54/58 | €288 | €33,482 | +€33,194 | +11534.9% |
| Deferred charges and accrued income | 490/1 | - | €3,948 | +€3,948 | |
| Total equity and liabilities | 10/49 | €232,235 | €243,957 | +€11,722 | +5.0% |
| Equity | 10/15 | -€123,426 | -€106,262 | +€17,164 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,026 | -€124,862 | +€17,164 | +12.1% |
| Amounts payable | 17/49 | €355,661 | €350,218 | -€5,442 | -1.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €355,661 | €349,311 | -€6,350 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €20,949 | €0 | -€20,949 | -100.0% |
| Credit institutions | 430/8 | €20,949 | €0 | -€20,949 | -100.0% |
| Trade debts | 44 | €101 | €132,282 | +€132,181 | +131458.3% |
| Suppliers | 440/4 | €101 | €132,282 | +€132,181 | +131458.3% |
| Taxes, remuneration and social security | 45 | €32,616 | €49,649 | +€17,033 | +52.2% |
| Taxes | 450/3 | €1,507 | €18,323 | +€16,816 | +1115.8% |
| Remuneration and social security | 454/9 | €31,109 | €31,326 | +€217 | +0.7% |
| Other amounts payable | 47/48 | €301,995 | €167,380 | -€134,616 | -44.6% |
| Accrued charges and deferred income | 492/3 | - | €908 | +€908 | |
| Remuneration, social security and pensions | 62 | €425,894 | €312,969 | -€112,925 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,881 | €37,176 | +€11,296 | +43.6% |
| Other operating charges | 640/8 | €2,292 | €1,303 | -€988 | -43.1% |
| Gross operating margin | 9900 | €302,274 | €377,582 | +€75,308 | +24.9% |
| Operating profit (loss) | 9901 | -€151,793 | €26,133 | +€177,926 | |
| Financial income | 75/76B | €2,288 | €1 | -€2,287 | -100.0% |
| Recurring financial income | 75 | €2,288 | €1 | -€2,287 | -100.0% |
| Financial charges | 65/66B | €6,407 | €8,304 | +€1,896 | +29.6% |
| Recurring financial charges | 65 | €6,407 | €8,304 | +€1,896 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | -€155,912 | €17,830 | +€173,742 | |
| Income taxes | 67/77 | €2,631 | €666 | -€1,965 | -74.7% |
| Profit (loss) for the period | 9904 | -€158,543 | €17,164 | +€175,707 | |
| Profit (loss) for the period to be appropriated | 9905 | -€158,543 | €17,164 | +€175,707 |
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 7 October 2026 via checked.be.