COMPASS ASSOCIATES CDL: 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 ASSOCIATES CDL
Largest movements
- Cash -€62,461
down €62,461 (-17.0%), from €368,474 to €306,012
mainly Debts after one year (-€73,558) and Short-term financial debts (-€25,000)
- Intangible fixed assets -€10,000
down €10,000 (-10.1%), from €98,907 to €88,907
- Receivables within one year +€6,308
up €6,308 (+26.4%), from €23,904 to €30,212
of which Trade receivables: +€13,536
- Debts after one year -€73,558
down €73,558 (-22.1%), from €332,817 to €259,260
of which Other amounts payable: -€56,916
- Short-term financial debts -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Trade debts +€17,850
up €17,850 (+67.1%), from €26,593 to €44,443
- Profit (loss) carried forward +€7,014
up €7,014 (+34.6%), from €20,254 to €27,268
- Tax, wage and social debts +€6,603
up €6,603, from €0 to €6,603
of which Taxes: +€6,603
- Gross operating margin -€88,883
down €88,883 (-78.8%), from €112,837 to €23,954
- Taxes -€25,586
down €25,586 (-92.7%), from €27,615 to €2,029
- Depreciation +€8,907
up €8,907 (+572.3%), from €1,557 to €10,464
- Financial charges +€3,097
up €3,097 (+293.2%), from €1,056 to €4,153
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 | €495,525 | €429,111 | -€66,414 | -13.4% |
| Fixed assets | 21/28 | €102,875 | €92,412 | -€10,464 | -10.2% |
| Intangible fixed assets | 21 | €98,907 | €88,907 | -€10,000 | -10.1% |
| Tangible fixed assets | 22/27 | €3,711 | €3,248 | -€464 | -12.5% |
| Other tangible fixed assets | 26 | €3,711 | €3,248 | -€464 | -12.5% |
| Financial fixed assets | 28 | €257 | €257 | = | 0.0% |
| Current assets | 29/58 | €392,649 | €336,699 | -€55,951 | -14.2% |
| Amounts receivable within one year | 40/41 | €23,904 | €30,212 | +€6,308 | +26.4% |
| Trade receivables | 40 | €6,254 | €19,790 | +€13,536 | +216.4% |
| Other amounts receivable | 41 | €17,650 | €10,423 | -€7,228 | -40.9% |
| Cash at bank and in hand | 54/58 | €368,474 | €306,012 | -€62,461 | -17.0% |
| Deferred charges and accrued income | 490/1 | €272 | €474 | +€202 | +74.4% |
| Total equity and liabilities | 10/49 | €495,525 | €429,111 | -€66,414 | -13.4% |
| Equity | 10/15 | €95,254 | €102,268 | +€7,014 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,254 | €27,268 | +€7,014 | +34.6% |
| Amounts payable | 17/49 | €400,271 | €326,843 | -€73,428 | -18.3% |
| Amounts payable after more than one year | 17 | €332,817 | €259,260 | -€73,558 | -22.1% |
| Financial debts | 170/4 | €69,817 | €53,175 | -€16,642 | -23.8% |
| Other amounts payable | 178/9 | €263,000 | €206,084 | -€56,916 | -21.6% |
| Amounts payable within one year | 42/48 | €67,454 | €67,583 | +€130 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €15,861 | €16,434 | +€574 | +3.6% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100.0% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €26,593 | €44,443 | +€17,850 | +67.1% |
| Suppliers | 440/4 | €26,593 | €44,443 | +€17,850 | +67.1% |
| Taxes, remuneration and social security | 45 | €0 | €6,603 | +€6,603 | |
| Taxes | 450/3 | €0 | €6,603 | +€6,603 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €103 | +€103 | |
| Remuneration, social security and pensions | 62 | €83 | €473 | +€390 | +469.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,557 | €10,464 | +€8,907 | +572.3% |
| Other operating charges | 640/8 | - | €75 | +€75 | |
| Gross operating margin | 9900 | €112,837 | €23,954 | -€88,883 | -78.8% |
| Operating profit (loss) | 9901 | €111,197 | €12,942 | -€98,255 | -88.4% |
| Financial income | 75/76B | €22 | €253 | +€231 | +1042.1% |
| Recurring financial income | 75 | €22 | €253 | +€231 | +1042.1% |
| Financial charges | 65/66B | €1,056 | €4,153 | +€3,097 | +293.2% |
| Recurring financial charges | 65 | €1,056 | €4,153 | +€3,097 | +293.2% |
| Profit (loss) for the period before taxes | 9903 | €110,163 | €9,043 | -€101,120 | -91.8% |
| Income taxes | 67/77 | €27,615 | €2,029 | -€25,586 | -92.7% |
| Profit (loss) for the period | 9904 | €82,548 | €7,014 | -€75,534 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,548 | €7,014 | -€75,534 | -91.5% |
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.