COMPASS ACCOUNTING: 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 ACCOUNTING
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash +€50,081
up €50,081 (+23.5%), from €213,276 to €263,357
mainly Current investments (+€100,000) and Net result for the year (+€32,721)
- Receivables after one year -€21,000
down €21,000 (-57.0%), from €36,851 to €15,851
- Tangible fixed assets -€15,389
down €15,389 (-9.1%), from €170,032 to €154,643
of which Other tangible fixed assets: -€15,607
- Receivables within one year +€14,998
up €14,998 (+13.6%), from €109,958 to €124,956
of which Other amounts receivable: +€40,269
- Reserves -€74,762
down €74,762 (-20.2%), from €369,604 to €294,841
- Trade debts -€51,131
down €51,131 (-55.0%), from €92,940 to €41,809
- Profit (loss) carried forward +€32,721
up €32,721 (+3,195%), from €1,024 to €33,745
- Debts after one year +€16,875
up €16,875 (+19.5%), from €86,553 to €103,428
- Staff costs +€85,165
up €85,165 (+18.6%), from €458,192 to €543,357
- Gross operating margin +€32,114
up €32,114 (+4.8%), from €670,609 to €702,723
- Other operating charges +€8,349
up €8,349 (+14.9%), from €56,128 to €64,478
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 | €692,071 | €616,218 | -€75,854 | -11.0% |
| Fixed assets | 21/28 | €184,685 | €166,866 | -€17,819 | -9.6% |
| Intangible fixed assets | 21 | €14,653 | €12,223 | -€2,430 | -16.6% |
| Tangible fixed assets | 22/27 | €170,032 | €154,643 | -€15,389 | -9.1% |
| Land and buildings | 22 | €4,224 | €4,048 | -€176 | -4.2% |
| Furniture and vehicles | 24 | €22,578 | €22,972 | +€394 | +1.7% |
| Other tangible fixed assets | 26 | €143,230 | €127,623 | -€15,607 | -10.9% |
| Current assets | 29/58 | €507,387 | €449,352 | -€58,035 | -11.4% |
| Amounts receivable after more than one year | 29 | €36,851 | €15,851 | -€21,000 | -57.0% |
| Other amounts receivable | 291 | €36,851 | €15,851 | -€21,000 | -57.0% |
| Amounts receivable within one year | 40/41 | €109,958 | €124,956 | +€14,998 | +13.6% |
| Trade receivables | 40 | €70,096 | €44,825 | -€25,272 | -36.1% |
| Other amounts receivable | 41 | €39,862 | €80,131 | +€40,269 | +101% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €213,276 | €263,357 | +€50,081 | +23.5% |
| Deferred charges and accrued income | 490/1 | €47,301 | €45,188 | -€2,113 | -4.5% |
| Total equity and liabilities | 10/49 | €692,071 | €616,218 | -€75,854 | -11.0% |
| Equity | 10/15 | €389,178 | €347,136 | -€42,042 | -10.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €369,604 | €294,841 | -€74,762 | -20.2% |
| Distributable reserves | 133 | €369,604 | €294,841 | -€74,762 | -20.2% |
| Profit (loss) carried forward | 14 | €1,024 | €33,745 | +€32,721 | +3,195% |
| Amounts payable | 17/49 | €302,894 | €269,081 | -€33,812 | -11.2% |
| Amounts payable after more than one year | 17 | €86,553 | €103,428 | +€16,875 | +19.5% |
| Financial debts | 170/4 | €86,553 | €103,428 | +€16,875 | +19.5% |
| Amounts payable within one year | 42/48 | €207,633 | €157,866 | -€49,768 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €16,730 | €16,182 | -€548 | -3.3% |
| Financial debts | 43 | - | €4,179 | +€4,179 | |
| Other loans | 439 | - | €4,179 | +€4,179 | |
| Trade debts | 44 | €92,940 | €41,809 | -€51,131 | -55.0% |
| Suppliers | 440/4 | €92,940 | €41,809 | -€51,131 | -55.0% |
| Taxes, remuneration and social security | 45 | €56,926 | €60,745 | +€3,819 | +6.7% |
| Taxes | 450/3 | €13,786 | €528 | -€13,257 | -96.2% |
| Remuneration and social security | 454/9 | €43,140 | €60,216 | +€17,076 | +39.6% |
| Other amounts payable | 47/48 | €41,037 | €34,951 | -€6,086 | -14.8% |
| Accrued charges and deferred income | 492/3 | €8,707 | €7,788 | -€919 | -10.6% |
| Remuneration, social security and pensions | 62 | €458,192 | €543,357 | +€85,165 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,108 | €27,274 | -€834 | -3.0% |
| Other operating charges | 640/8 | €56,128 | €64,478 | +€8,349 | +14.9% |
| Non-recurring operating charges | 66A | €23,978 | €10,609 | -€13,369 | -55.8% |
| Gross operating margin | 9900 | €670,609 | €702,723 | +€32,114 | +4.8% |
| Operating profit (loss) | 9901 | €104,203 | €57,006 | -€47,197 | -45.3% |
| Financial income | 75/76B | €612 | €3,728 | +€3,116 | +509% |
| Recurring financial income | 75 | €612 | €3,728 | +€3,116 | +509% |
| Financial charges | 65/66B | €8,529 | €8,583 | +€54 | +0.6% |
| Recurring financial charges | 65 | €8,529 | €8,583 | +€54 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €96,286 | €52,151 | -€44,135 | -45.8% |
| Income taxes | 67/77 | €25,494 | €19,430 | -€6,064 | -23.8% |
| Profit (loss) for the period | 9904 | €70,792 | €32,721 | -€38,071 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,792 | €32,721 | -€38,071 | -53.8% |
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 16 October 2026 via checked.be.