COMPAGNIE B: what changed
Two financial 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.
COMPAGNIE B
Largest movements
- Tangible fixed assets +€715,546
up €715,546 (+69.0%), from €1.0m to €1.8m
of which Land and buildings: +€561,174
- Cash -€22,047
down €22,047 (-77.2%), from €28,568 to €6,521
mainly Investment in fixed assets (net) (-€760,311) and Debts after one year (-€341,000)
- Other debts +€1.2m
up €1.2m (+4,023%), from €28,946 to €1.2m
- Debts after one year -€341,000
down €341,000 (-52.5%), from €650,000 to €309,000
- Trade debts -€63,779
down €63,779 (-75.2%), from €84,766 to €20,987
- Profit (loss) carried forward -€57,904
down €57,904 (-89.0%), from -€65,025 to -€122,929
- Gross operating margin +€43,207
up €43,207 (+80.8%), from -€53,491 to -€10,283
- Depreciation +€34,289
up €34,289 (+327%), from €10,476 to €44,765
- Financial charges +€1,098
up €1,098 (+591%), from €186 to €1,284
- Other operating charges +€558
up €558 (+64.0%), from €872 to €1,431
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.
Derived cash bridge
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 | €1,086,409 | €1,780,974 | +€694,565 | +63.9% |
| Fixed assets | 21/28 | €1,036,844 | €1,752,390 | +€715,546 | +69.0% |
| Tangible fixed assets | 22/27 | €1,036,844 | €1,752,390 | +€715,546 | +69.0% |
| Land and buildings | 22 | €1,036,844 | €1,598,018 | +€561,174 | +54.1% |
| Plant, machinery and equipment | 23 | - | €63,845 | +€63,845 | |
| Furniture and vehicles | 24 | - | €90,527 | +€90,527 | |
| Current assets | 29/58 | €49,565 | €28,584 | -€20,981 | -42.3% |
| Stocks and contracts in progress | 3 | €646 | €1,060 | +€413 | +64.0% |
| Stocks | 30/36 | €646 | €1,060 | +€413 | +64.0% |
| Amounts receivable within one year | 40/41 | €20,261 | €18,779 | -€1,482 | -7.3% |
| Trade receivables | 40 | €2,651 | €815 | -€1,836 | -69.3% |
| Other amounts receivable | 41 | €17,610 | €17,964 | +€355 | +2.0% |
| Cash at bank and in hand | 54/58 | €28,568 | €6,521 | -€22,047 | -77.2% |
| Deferred charges and accrued income | 490/1 | €90 | €2,225 | +€2,134 | +2,369% |
| Total equity and liabilities | 10/49 | €1,086,409 | €1,780,974 | +€694,565 | +63.9% |
| Equity | 10/15 | €309,975 | €252,071 | -€57,904 | -18.7% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,025 | -€122,929 | -€57,904 | -89.0% |
| Amounts payable | 17/49 | €776,434 | €1,528,903 | +€752,469 | +96.9% |
| Amounts payable after more than one year | 17 | €650,000 | €309,000 | -€341,000 | -52.5% |
| Financial debts | 170/4 | €650,000 | €309,000 | -€341,000 | -52.5% |
| Amounts payable within one year | 42/48 | €126,434 | €1,219,903 | +€1.1m | +865% |
| Trade debts | 44 | €84,766 | €20,987 | -€63,779 | -75.2% |
| Suppliers | 440/4 | €84,766 | €20,987 | -€63,779 | -75.2% |
| Advances received on contracts in progress | 46 | €6,422 | €3,110 | -€3,312 | -51.6% |
| Taxes, remuneration and social security | 45 | €6,300 | €2,339 | -€3,961 | -62.9% |
| Taxes | 450/3 | €6,300 | €2,262 | -€4,038 | -64.1% |
| Remuneration and social security | 454/9 | - | €77 | +€77 | |
| Other amounts payable | 47/48 | €28,946 | €1,193,466 | +€1.2m | +4,023% |
| Remuneration, social security and pensions | 62 | - | €224 | +€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,476 | €44,765 | +€34,289 | +327% |
| Other operating charges | 640/8 | €872 | €1,431 | +€558 | +64.0% |
| Gross operating margin | 9900 | -€53,491 | -€10,283 | +€43,207 | +80.8% |
| Operating profit (loss) | 9901 | -€64,839 | -€56,703 | +€8,136 | +12.5% |
| Financial income | 75/76B | - | €83 | +€83 | |
| Recurring financial income | 75 | - | €83 | +€83 | |
| Financial charges | 65/66B | €186 | €1,284 | +€1,098 | +591% |
| Recurring financial charges | 65 | €186 | €1,284 | +€1,098 | +591% |
| Profit (loss) for the period before taxes | 9903 | -€65,025 | -€57,904 | +€7,121 | +11.0% |
| Profit (loss) for the period | 9904 | -€65,025 | -€57,904 | +€7,121 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,025 | -€57,904 | +€7,121 | +11.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.