COMPAS: 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.
COMPAS
Largest movements
- Receivables within one year +€129,113
up €129,113 (+74.6%), from €172,987 to €302,100
of which Trade receivables: +€136,550
- Stocks and contracts +€14,718
up €14,718 (+32.3%), from €45,511 to €60,229
- Cash +€7,927
up €7,927 (+239.8%), from €3,305 to €11,232
mainly Trade debts (+€175,896) and Net result for the year (+€39,851)
- Trade debts +€175,896
up €175,896 (+167.8%), from €104,847 to €280,743
- Other debts -€107,405
down €107,405 (-91.0%), from €118,069 to €10,664
- Profit (loss) carried forward +€39,851
up €39,851 (+1682.8%), from €2,368 to €42,219
- Tax, wage and social debts +€38,546
up €38,546 (+601.3%), from €6,410 to €44,957
- Current portion of long-term debt +€10,309
new in 2025: €10,309
- Gross operating margin -€83,038
down €83,038 (-59.5%), from €139,653 to €56,615
- Taxes +€14,690
new in 2025: €14,690
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 | €246,016 | €397,774 | +€151,759 | +61.7% |
| Current assets | 29/58 | €246,016 | €397,774 | +€151,759 | +61.7% |
| Stocks and contracts in progress | 3 | €45,511 | €60,229 | +€14,718 | +32.3% |
| Stocks | 30/36 | €45,511 | €60,229 | +€14,718 | +32.3% |
| Amounts receivable within one year | 40/41 | €172,987 | €302,100 | +€129,113 | +74.6% |
| Trade receivables | 40 | €165,550 | €302,100 | +€136,550 | +82.5% |
| Other amounts receivable | 41 | €7,437 | - | -€7,437 | |
| Current investments | 50/53 | €24,213 | €24,213 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,305 | €11,232 | +€7,927 | +239.8% |
| Total equity and liabilities | 10/49 | €246,016 | €397,774 | +€151,759 | +61.7% |
| Equity | 10/15 | €11,252 | €51,103 | +€39,851 | +354.2% |
| Contributions | 10/11 | €6,203 | €6,203 | = | 0.0% |
| Capital | 10 | €6,203 | €6,203 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,389 | €12,389 | = | 0.0% |
| Reserves | 13 | €2,681 | €2,681 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,681 | €2,681 | = | 0.0% |
| Legal reserve | 130 | €2,681 | €2,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,368 | €42,219 | +€39,851 | +1682.8% |
| Amounts payable | 17/49 | €234,764 | €346,671 | +€111,908 | +47.7% |
| Amounts payable within one year | 42/48 | €234,764 | €346,671 | +€111,908 | +47.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,309 | +€10,309 | |
| Financial debts | 43 | €5,438 | - | -€5,438 | |
| Credit institutions | 430/8 | €5,438 | - | -€5,438 | |
| Trade debts | 44 | €104,847 | €280,743 | +€175,896 | +167.8% |
| Suppliers | 440/4 | €104,847 | €280,743 | +€175,896 | +167.8% |
| Taxes, remuneration and social security | 45 | €6,410 | €44,957 | +€38,546 | +601.3% |
| Taxes | 450/3 | €6,410 | €44,957 | +€38,546 | +601.3% |
| Other amounts payable | 47/48 | €118,069 | €10,664 | -€107,405 | -91.0% |
| Other operating charges | 640/8 | €908 | €2,012 | +€1,104 | +121.5% |
| Gross operating margin | 9900 | €139,653 | €56,615 | -€83,038 | -59.5% |
| Operating profit (loss) | 9901 | €138,745 | €54,603 | -€84,142 | -60.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €26 | €62 | +€36 | +137.1% |
| Recurring financial charges | 65 | €26 | €62 | +€36 | +137.1% |
| Profit (loss) for the period before taxes | 9903 | €138,719 | €54,541 | -€84,178 | -60.7% |
| Income taxes | 67/77 | - | €14,690 | +€14,690 | |
| Profit (loss) for the period | 9904 | €138,719 | €39,851 | -€98,868 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €138,719 | €39,851 | -€98,868 | -71.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.