Compass Audit: 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.
Compass Audit
Largest movements
- Receivables within one year -€236,120
down €236,120 (-28.5%), from €828,281 to €592,161
of which Trade receivables: -€347,720
- Deferred charges and accrued income +€119,725
up €119,725 (+41.1%), from €291,434 to €411,159
- Cash +€66,062
up €66,062 (+33.4%), from €197,582 to €263,644
mainly Receivables within one year (+€236,120) and Provisions (+€120,158)
- Tangible fixed assets +€47,398
up €47,398 (+31.5%), from €150,292 to €197,690
of which Furniture and vehicles: +€35,533
- Other debts -€242,732
down €242,732 (-23.5%), from €1.0m to €788,282
- Provisions +€120,158
new in 2025: €120,158
- Trade debts +€117,012
up €117,012 (+84.8%), from €138,018 to €255,030
- Current portion of long-term debt -€15,544
down €15,544 (-25.8%), from €60,187 to €44,643
- Staff costs +€234,508
up €234,508 (+30.5%), from €769,025 to €1.0m
- Gross operating margin +€206,998
up €206,998 (+19.3%), from €1.1m to €1.3m
- Provisions +€120,158
new in 2025: €120,158
- Write-downs +€58,390
up €58,390 (+954.0%), from €6,121 to €64,510
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 | €1,470,189 | €1,467,254 | -€2,935 | -0.2% |
| Fixed assets | 21/28 | €152,892 | €200,290 | +€47,398 | +31.0% |
| Tangible fixed assets | 22/27 | €150,292 | €197,690 | +€47,398 | +31.5% |
| Plant, machinery and equipment | 23 | €6,714 | €4,415 | -€2,299 | -34.2% |
| Furniture and vehicles | 24 | €143,578 | €179,111 | +€35,533 | +24.7% |
| Other tangible fixed assets | 26 | - | €14,164 | +€14,164 | |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €1,317,296 | €1,266,964 | -€50,333 | -3.8% |
| Amounts receivable within one year | 40/41 | €828,281 | €592,161 | -€236,120 | -28.5% |
| Trade receivables | 40 | €733,630 | €385,909 | -€347,720 | -47.4% |
| Other amounts receivable | 41 | €94,651 | €206,252 | +€111,601 | +117.9% |
| Cash at bank and in hand | 54/58 | €197,582 | €263,644 | +€66,062 | +33.4% |
| Deferred charges and accrued income | 490/1 | €291,434 | €411,159 | +€119,725 | +41.1% |
| Total equity and liabilities | 10/49 | €1,470,189 | €1,467,254 | -€2,935 | -0.2% |
| Equity | 10/15 | €32,406 | €39,079 | +€6,674 | +20.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,406 | €36,079 | +€6,674 | +22.7% |
| Distributable reserves | 133 | €29,406 | €36,079 | +€6,674 | +22.7% |
| Provisions and deferred taxes | 16 | - | €120,158 | +€120,158 | |
| Provisions for liabilities and charges | 160/5 | - | €120,158 | +€120,158 | |
| Other liabilities and charges | 164/5 | - | €120,158 | +€120,158 | |
| Amounts payable | 17/49 | €1,437,783 | €1,308,016 | -€129,767 | -9.0% |
| Amounts payable after more than one year | 17 | €42,172 | €53,552 | +€11,380 | +27.0% |
| Financial debts | 170/4 | €42,172 | €53,552 | +€11,380 | +27.0% |
| Amounts payable within one year | 42/48 | €1,384,884 | €1,238,088 | -€146,796 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €60,187 | €44,643 | -€15,544 | -25.8% |
| Trade debts | 44 | €138,018 | €255,030 | +€117,012 | +84.8% |
| Suppliers | 440/4 | €138,018 | €255,030 | +€117,012 | +84.8% |
| Taxes, remuneration and social security | 45 | €155,665 | €150,133 | -€5,532 | -3.6% |
| Taxes | 450/3 | €110,197 | €100,230 | -€9,968 | -9.0% |
| Remuneration and social security | 454/9 | €45,468 | €49,903 | +€4,435 | +9.8% |
| Other amounts payable | 47/48 | €1,031,014 | €788,282 | -€242,732 | -23.5% |
| Accrued charges and deferred income | 492/3 | €10,726 | €16,376 | +€5,650 | +52.7% |
| Remuneration, social security and pensions | 62 | €769,025 | €1,003,533 | +€234,508 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,605 | €53,845 | -€4,761 | -8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,121 | €64,510 | +€58,390 | +954.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €120,158 | +€120,158 | |
| Other operating charges | 640/8 | €5,905 | €3,169 | -€2,736 | -46.3% |
| Gross operating margin | 9900 | €1,072,333 | €1,279,330 | +€206,998 | +19.3% |
| Operating profit (loss) | 9901 | €232,676 | €34,115 | -€198,561 | -85.3% |
| Financial income | 75/76B | €1,189 | €3,215 | +€2,026 | +170.4% |
| Recurring financial income | 75 | €1,189 | €266 | -€923 | -77.6% |
| Non-recurring financial income | 76B | - | €2,949 | +€2,949 | |
| Financial charges | 65/66B | €7,058 | €9,504 | +€2,446 | +34.7% |
| Recurring financial charges | 65 | €7,058 | €9,504 | +€2,446 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €226,808 | €27,827 | -€198,981 | -87.7% |
| Income taxes | 67/77 | €18,621 | €21,153 | +€2,532 | +13.6% |
| Profit (loss) for the period | 9904 | €208,187 | €6,674 | -€201,513 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €208,187 | €6,674 | -€201,513 | -96.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.