Compagnons: 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.
Compagnons
Largest movements
- Cash -€94,043
down €94,043 (-17.4%), from €541,615 to €447,572
mainly Accrued charges and deferred income (-€191,170) and Debts within one year (-€50,479)
- Receivables within one year -€81,179
down €81,179 (-61.3%), from €132,424 to €51,245
of which Trade receivables: -€79,104
- Tangible fixed assets -€50,808
down €50,808 (-5.5%), from €918,301 to €867,493
of which Land and buildings: -€33,772
- Accrued charges and deferred income -€191,170
down €191,170 (-98.0%), from €195,096 to €3,926
- Profit (loss) carried forward +€72,093
up €72,093 (+21.9%), from €329,785 to €401,878
- Debts within one year -€50,479
down €50,479 (-18.4%), from €274,092 to €223,613
- Debts after one year -€24,361
down €24,361 (-8.5%), from €285,644 to €261,283
- Investment grants -€24,064
down €24,064 (-4.9%), from €491,793 to €467,729
- Staff costs +€85,207
up €85,207 (+7.0%), from €1.2m to €1.3m
- Gross operating margin +€24,209
up €24,209 (+1.7%), from €1.4m to €1.4m
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 | €1,612,860 | €1,394,879 | -€217,981 | -13.5% |
| Fixed assets | 21/28 | €929,471 | €878,913 | -€50,558 | -5.4% |
| Tangible fixed assets | 22/27 | €918,301 | €867,493 | -€50,808 | -5.5% |
| Land and buildings | 22 | €873,367 | €839,595 | -€33,772 | -3.9% |
| Plant, machinery and equipment | 23 | €16,951 | €11,820 | -€5,131 | -30.3% |
| Furniture and vehicles | 24 | €27,983 | €16,078 | -€11,905 | -42.5% |
| Financial fixed assets | 28 | €11,170 | €11,420 | +€250 | +2.2% |
| Current assets | 29/58 | €683,389 | €515,966 | -€167,423 | -24.5% |
| Amounts receivable within one year | 40/41 | €132,424 | €51,245 | -€81,179 | -61.3% |
| Trade receivables | 40 | €130,349 | €51,245 | -€79,104 | -60.7% |
| Other amounts receivable | 41 | €2,075 | - | -€2,075 | |
| Cash at bank and in hand | 54/58 | €541,615 | €447,572 | -€94,043 | -17.4% |
| Deferred charges and accrued income | 490/1 | €9,350 | €17,149 | +€7,799 | +83.4% |
| Total equity and liabilities | 10/49 | €1,612,860 | €1,394,879 | -€217,981 | -13.5% |
| Equity | 10/15 | €858,028 | €906,057 | +€48,029 | +5.6% |
| Contributions | 10/11 | €36,450 | €36,450 | -€0 | 0.0% |
| Capital | 10 | €36,450 | €36,450 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €329,785 | €401,878 | +€72,093 | +21.9% |
| Investment grants | 15 | €491,793 | €467,729 | -€24,064 | -4.9% |
| Amounts payable | 17/49 | €754,832 | €488,822 | -€266,010 | -35.2% |
| Amounts payable after more than one year | 17 | €285,644 | €261,283 | -€24,361 | -8.5% |
| Financial debts | 170/4 | €285,644 | €261,283 | -€24,361 | -8.5% |
| Amounts payable within one year | 42/48 | €274,092 | €223,613 | -€50,479 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €24,209 | €24,361 | +€152 | +0.6% |
| Trade debts | 44 | €10,486 | €10,790 | +€304 | +2.9% |
| Suppliers | 440/4 | €10,486 | €10,790 | +€304 | +2.9% |
| Taxes, remuneration and social security | 45 | €175,092 | €176,785 | +€1,693 | +1.0% |
| Taxes | 450/3 | €278 | €213 | -€65 | -23.2% |
| Remuneration and social security | 454/9 | €174,814 | €176,571 | +€1,757 | +1.0% |
| Accrued charges and deferred income | 492/3 | €195,096 | €3,926 | -€191,170 | -98.0% |
| Remuneration, social security and pensions | 62 | €1,214,940 | €1,300,147 | +€85,207 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,219 | €62,811 | -€1,408 | -2.2% |
| Other operating charges | 640/8 | €23,684 | €16,120 | -€7,564 | -31.9% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €1,396,247 | €1,420,456 | +€24,209 | +1.7% |
| Operating profit (loss) | 9901 | €92,904 | €41,378 | -€51,526 | -55.5% |
| Financial income | 75/76B | €30,944 | €33,484 | +€2,540 | +8.2% |
| Recurring financial income | 75 | €30,944 | €33,484 | +€2,540 | +8.2% |
| Financial charges | 65/66B | €3,050 | €2,553 | -€497 | -16.3% |
| Recurring financial charges | 65 | €3,050 | €2,553 | -€497 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €120,798 | €72,308 | -€48,490 | -40.1% |
| Income taxes | 67/77 | €215 | €216 | +€1 | +0.3% |
| Profit (loss) for the period | 9904 | €120,583 | €72,093 | -€48,490 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,583 | €72,093 | -€48,490 | -40.2% |
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 4 October 2026 via checked.be.