Compass easy: 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 easy
Largest movements
- Tangible fixed assets -€50,613
down €50,613 (-3.0%), from €1.7m to €1.6m
- Receivables within one year +€37,894
up €37,894 (+38.8%), from €97,694 to €135,588
of which Trade receivables: +€36,000
- Debts after one year -€139,804
down €139,804 (-10.4%), from €1.4m to €1.2m
- Other debts +€121,270
up €121,270 (+60.6%), from €200,000 to €321,270
- Short-term financial debts -€100,000
no longer reported in 2025 (was €100,000)
- Current portion of long-term debt +€71,193
new in 2025: €71,193
- Gross operating margin +€148,443
up €148,443, from -€3,284 to €145,159
- Financial charges +€50,391
up €50,391 (+1793.9%), from €2,809 to €53,200
- Depreciation +€45,968
up €45,968 (+989.8%), from €4,644 to €50,613
- Other operating charges +€6,550
up €6,550 (+1691.1%), from €387 to €6,938
- Taxes +€5,914
new in 2025: €5,914
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 | €1,789,480 | €1,776,140 | -€13,340 | -0.7% |
| Fixed assets | 21/28 | €1,686,607 | €1,635,994 | -€50,613 | -3.0% |
| Tangible fixed assets | 22/27 | €1,686,607 | €1,635,994 | -€50,613 | -3.0% |
| Land and buildings | 22 | €1,686,607 | €1,635,994 | -€50,613 | -3.0% |
| Current assets | 29/58 | €102,874 | €140,147 | +€37,273 | +36.2% |
| Amounts receivable within one year | 40/41 | €97,694 | €135,588 | +€37,894 | +38.8% |
| Trade receivables | 40 | €2,000 | €38,000 | +€36,000 | +1800.0% |
| Other amounts receivable | 41 | €95,694 | €97,588 | +€1,894 | +2.0% |
| Cash at bank and in hand | 54/58 | €5,180 | €4,558 | -€621 | -12.0% |
| Total equity and liabilities | 10/49 | €1,789,480 | €1,776,140 | -€13,340 | -0.7% |
| Equity | 10/15 | €138,875 | €167,370 | +€28,495 | +20.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | - | €17,370 | +€17,370 | |
| Distributable reserves | 133 | - | €17,370 | +€17,370 | |
| Profit (loss) carried forward | 14 | -€11,125 | - | +€11,125 | |
| Amounts payable | 17/49 | €1,650,605 | €1,608,771 | -€41,834 | -2.5% |
| Amounts payable after more than one year | 17 | €1,350,000 | €1,210,196 | -€139,804 | -10.4% |
| Financial debts | 170/4 | €1,350,000 | €1,210,196 | -€139,804 | -10.4% |
| Amounts payable within one year | 42/48 | €300,605 | €398,575 | +€97,970 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | - | €71,193 | +€71,193 | |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €605 | €198 | -€408 | -67.4% |
| Suppliers | 440/4 | €605 | €198 | -€408 | -67.4% |
| Taxes, remuneration and social security | 45 | - | €5,914 | +€5,914 | |
| Taxes | 450/3 | - | €5,914 | +€5,914 | |
| Other amounts payable | 47/48 | €200,000 | €321,270 | +€121,270 | +60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,644 | €50,613 | +€45,968 | +989.8% |
| Other operating charges | 640/8 | €387 | €6,938 | +€6,550 | +1691.1% |
| Gross operating margin | 9900 | -€3,284 | €145,159 | +€148,443 | |
| Operating profit (loss) | 9901 | -€8,316 | €87,608 | +€95,924 | |
| Financial charges | 65/66B | €2,809 | €53,200 | +€50,391 | +1793.9% |
| Recurring financial charges | 65 | €2,809 | €53,200 | +€50,391 | +1793.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,125 | €34,409 | +€45,534 | |
| Income taxes | 67/77 | - | €5,914 | +€5,914 | |
| Profit (loss) for the period | 9904 | -€11,125 | €28,495 | +€39,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,125 | €28,495 | +€39,620 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.