Compass Engineering: 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 Engineering
Largest movements
- Cash -€36,377
down €36,377 (-44.9%), from €80,997 to €44,620
mainly Contributions, distributions and other (-€75,000) and Investment in fixed assets (net) (-€5,892)
- Tangible fixed assets +€4,444
up €4,444 (+156.7%), from €2,835 to €7,279
- Profit (loss) carried forward -€42,410
down €42,410 (-85.8%), from €49,438 to €7,028
- Tax, wage and social debts +€7,996
up €7,996 (+69.3%), from €11,536 to €19,532
- Trade debts +€2,549
up €2,549 (+98.6%), from €2,586 to €5,135
- Gross operating margin -€19,856
down €19,856 (-31.6%), from €62,738 to €42,881
- Taxes -€7,470
down €7,470 (-45.3%), from €16,501 to €9,031
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 | €139,560 | €107,695 | -€31,865 | -22.8% |
| Fixed assets | 21/28 | €2,835 | €7,279 | +€4,444 | +156.7% |
| Tangible fixed assets | 22/27 | €2,835 | €7,279 | +€4,444 | +156.7% |
| Furniture and vehicles | 24 | €2,835 | €7,279 | +€4,444 | +156.7% |
| Current assets | 29/58 | €136,725 | €100,417 | -€36,308 | -26.6% |
| Amounts receivable within one year | 40/41 | €53,859 | €54,333 | +€473 | +0.9% |
| Trade receivables | 40 | €15,283 | €44,849 | +€29,567 | +193.5% |
| Other amounts receivable | 41 | €38,577 | €9,483 | -€29,094 | -75.4% |
| Cash at bank and in hand | 54/58 | €80,997 | €44,620 | -€36,377 | -44.9% |
| Deferred charges and accrued income | 490/1 | €1,868 | €1,464 | -€404 | -21.6% |
| Total equity and liabilities | 10/49 | €139,560 | €107,695 | -€31,865 | -22.8% |
| Equity | 10/15 | €50,438 | €8,028 | -€42,410 | -84.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,438 | €7,028 | -€42,410 | -85.8% |
| Amounts payable | 17/49 | €89,122 | €99,667 | +€10,545 | +11.8% |
| Amounts payable within one year | 42/48 | €89,122 | €99,667 | +€10,545 | +11.8% |
| Trade debts | 44 | €2,586 | €5,135 | +€2,549 | +98.6% |
| Suppliers | 440/4 | €2,586 | €5,135 | +€2,549 | +98.6% |
| Taxes, remuneration and social security | 45 | €11,536 | €19,532 | +€7,996 | +69.3% |
| Taxes | 450/3 | €11,536 | €19,532 | +€7,996 | +69.3% |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €1,449 | +€607 | +72.2% |
| Other operating charges | 640/8 | €338 | €15 | -€323 | -95.5% |
| Gross operating margin | 9900 | €62,738 | €42,881 | -€19,856 | -31.6% |
| Operating profit (loss) | 9901 | €61,558 | €41,417 | -€20,141 | -32.7% |
| Financial income | 75/76B | €1,171 | €1,107 | -€63 | -5.4% |
| Recurring financial income | 75 | €1,171 | €1,107 | -€63 | -5.4% |
| Financial charges | 65/66B | €650 | €904 | +€253 | +38.9% |
| Recurring financial charges | 65 | €650 | €904 | +€253 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €62,078 | €41,621 | -€20,457 | -33.0% |
| Income taxes | 67/77 | €16,501 | €9,031 | -€7,470 | -45.3% |
| Profit (loss) for the period | 9904 | €45,577 | €32,590 | -€12,987 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,577 | €32,590 | -€12,987 | -28.5% |
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 8 October 2026 via checked.be.