COMPASS: 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.
COMPASS
Largest movements
- Tangible fixed assets +€39,396
up €39,396 (+83.6%), from €47,121 to €86,517
of which Furniture and vehicles: +€53,612
- Cash -€15,255
down €15,255 (-9.1%), from €168,353 to €153,098
mainly Investment in fixed assets (net) (-€57,580) and Contributions, distributions and other (-€37,748)
- Receivables within one year +€8,653
up €8,653 (+22.1%), from €39,179 to €47,832
of which Trade receivables: +€5,695
- Reserves +€35,471
up €35,471 (+29.6%), from €119,880 to €155,351
- Tax, wage and social debts +€19,715
up €19,715 (+241.9%), from €8,148 to €27,863
of which Taxes: +€17,265
- Other debts -€18,456
down €18,456 (-32.9%), from €56,076 to €37,620
- Debts after one year -€5,000
down €5,000 (-46.1%), from €10,835 to €5,835
- Gross operating margin +€48,022
up €48,022 (+66.5%), from €72,204 to €120,225
- Taxes +€12,405
up €12,405 (+87.5%), from €14,182 to €26,587
- Depreciation -€2,108
down €2,108 (-10.4%), from €20,292 to €18,184
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 | €254,652 | €288,900 | +€34,248 | +13.4% |
| Fixed assets | 21/28 | €47,121 | €86,517 | +€39,396 | +83.6% |
| Tangible fixed assets | 22/27 | €47,121 | €86,517 | +€39,396 | +83.6% |
| Land and buildings | 22 | €38,060 | €28,545 | -€9,515 | -25.0% |
| Plant, machinery and equipment | 23 | €8,666 | €3,965 | -€4,701 | -54.2% |
| Furniture and vehicles | 24 | €395 | €54,007 | +€53,612 | +13570.6% |
| Current assets | 29/58 | €207,532 | €202,383 | -€5,148 | -2.5% |
| Amounts receivable within one year | 40/41 | €39,179 | €47,832 | +€8,653 | +22.1% |
| Trade receivables | 40 | €37,833 | €43,529 | +€5,695 | +15.1% |
| Other amounts receivable | 41 | €1,346 | €4,303 | +€2,957 | +219.8% |
| Current investments | 50/53 | - | €1,454 | +€1,454 | |
| Cash at bank and in hand | 54/58 | €168,353 | €153,098 | -€15,255 | -9.1% |
| Total equity and liabilities | 10/49 | €254,652 | €288,900 | +€34,248 | +13.4% |
| Equity | 10/15 | €163,163 | €198,634 | +€35,471 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,880 | €155,351 | +€35,471 | +29.6% |
| Distributable reserves | 133 | €119,880 | €155,351 | +€35,471 | +29.6% |
| Profit (loss) carried forward | 14 | €24,683 | €24,683 | = | 0.0% |
| Amounts payable | 17/49 | €91,489 | €90,266 | -€1,223 | -1.3% |
| Amounts payable after more than one year | 17 | €10,835 | €5,835 | -€5,000 | -46.1% |
| Financial debts | 170/4 | €10,835 | €5,835 | -€5,000 | -46.1% |
| Amounts payable within one year | 42/48 | €78,814 | €82,306 | +€3,492 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | +€0 | 0.0% |
| Trade debts | 44 | €9,590 | €11,822 | +€2,232 | +23.3% |
| Suppliers | 440/4 | €9,590 | €11,822 | +€2,232 | +23.3% |
| Taxes, remuneration and social security | 45 | €8,148 | €27,863 | +€19,715 | +241.9% |
| Taxes | 450/3 | €8,148 | €25,413 | +€17,265 | +211.9% |
| Remuneration and social security | 454/9 | - | €2,450 | +€2,450 | |
| Other amounts payable | 47/48 | €56,076 | €37,620 | -€18,456 | -32.9% |
| Accrued charges and deferred income | 492/3 | €1,840 | €2,125 | +€285 | +15.5% |
| Non-recurring operating income | 76A | - | €16,105 | +€16,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,292 | €18,184 | -€2,108 | -10.4% |
| Other operating charges | 640/8 | €1,880 | €1,974 | +€94 | +5.0% |
| Gross operating margin | 9900 | €72,204 | €120,225 | +€48,022 | +66.5% |
| Operating profit (loss) | 9901 | €50,032 | €100,068 | +€50,036 | +100.0% |
| Financial income | 75/76B | €796 | €761 | -€35 | -4.3% |
| Recurring financial income | 75 | €796 | €761 | -€35 | -4.3% |
| Financial charges | 65/66B | €1,154 | €1,023 | -€131 | -11.4% |
| Recurring financial charges | 65 | €1,154 | €1,023 | -€131 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €49,674 | €99,806 | +€50,133 | +100.9% |
| Income taxes | 67/77 | €14,182 | €26,587 | +€12,405 | +87.5% |
| Profit (loss) for the period | 9904 | €35,491 | €73,219 | +€37,728 | +106.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,491 | €73,219 | +€37,728 | +106.3% |
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 10 October 2026 via checked.be.