COMPASS MANAGEMENT: 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 MANAGEMENT
Largest movements
- Tangible fixed assets +€25,853
up €25,853 (+9.6%), from €270,056 to €295,909
of which Plant, machinery and equipment: +€31,198
- Receivables within one year +€6,765
up €6,765 (+10.2%), from €66,091 to €72,856
of which Other amounts receivable: +€4,128
- Profit (loss) carried forward +€28,956
up €28,956 (+28.7%), from €100,948 to €129,904
- Debts after one year -€10,987
down €10,987 (-4.9%), from €225,183 to €214,195
- Other debts +€8,611
up €8,611 (+14.7%), from €58,645 to €67,256
- Gross operating margin +€38,460
up €38,460 (+160.4%), from €23,973 to €62,433
- Taxes +€7,947
new in 2025: €7,947
- Financial charges -€6,401
down €6,401 (-46.2%), from €13,850 to €7,449
- Other operating charges +€1,532
up €1,532 (+145.8%), from €1,051 to €2,583
- Staff costs -€1,161
down €1,161 (-26.8%), from €4,330 to €3,169
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 | €423,671 | €453,851 | +€30,180 | +7.1% |
| Fixed assets | 21/28 | €340,738 | €365,591 | +€24,853 | +7.3% |
| Tangible fixed assets | 22/27 | €270,056 | €295,909 | +€25,853 | +9.6% |
| Land and buildings | 22 | €150,215 | €150,285 | +€70 | 0.0% |
| Plant, machinery and equipment | 23 | - | €31,198 | +€31,198 | |
| Furniture and vehicles | 24 | €6,756 | €5,048 | -€1,708 | -25.3% |
| Other tangible fixed assets | 26 | €113,085 | €109,377 | -€3,708 | -3.3% |
| Financial fixed assets | 28 | €70,683 | €69,683 | -€1,000 | -1.4% |
| Current assets | 29/58 | €82,933 | €88,260 | +€5,327 | +6.4% |
| Amounts receivable within one year | 40/41 | €66,091 | €72,856 | +€6,765 | +10.2% |
| Trade receivables | 40 | €11,248 | €13,885 | +€2,637 | +23.4% |
| Other amounts receivable | 41 | €54,843 | €58,971 | +€4,128 | +7.5% |
| Current investments | 50/53 | €12,607 | €12,607 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,666 | €2,797 | -€869 | -23.7% |
| Deferred charges and accrued income | 490/1 | €568 | - | -€568 | |
| Total equity and liabilities | 10/49 | €423,671 | €453,851 | +€30,180 | +7.1% |
| Equity | 10/15 | €109,948 | €138,904 | +€28,956 | +26.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,948 | €129,904 | +€28,956 | +28.7% |
| Amounts payable | 17/49 | €313,724 | €314,947 | +€1,223 | +0.4% |
| Amounts payable after more than one year | 17 | €225,183 | €214,195 | -€10,987 | -4.9% |
| Financial debts | 170/4 | €225,183 | €214,195 | -€10,987 | -4.9% |
| Amounts payable within one year | 42/48 | €87,141 | €100,752 | +€13,611 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €16,613 | €16,987 | +€375 | +2.3% |
| Trade debts | 44 | - | €492 | +€492 | |
| Suppliers | 440/4 | - | €492 | +€492 | |
| Taxes, remuneration and social security | 45 | €11,883 | €16,017 | +€4,134 | +34.8% |
| Taxes | 450/3 | €11,883 | €16,017 | +€4,134 | +34.8% |
| Other amounts payable | 47/48 | €58,645 | €67,256 | +€8,611 | +14.7% |
| Accrued charges and deferred income | 492/3 | €1,400 | - | -€1,400 | |
| Remuneration, social security and pensions | 62 | €4,330 | €3,169 | -€1,161 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,394 | €12,331 | +€937 | +8.2% |
| Other operating charges | 640/8 | €1,051 | €2,583 | +€1,532 | +145.8% |
| Gross operating margin | 9900 | €23,973 | €62,433 | +€38,460 | +160.4% |
| Operating profit (loss) | 9901 | €7,198 | €44,349 | +€37,152 | +516.1% |
| Financial income | 75/76B | €92 | €3 | -€89 | -97.0% |
| Recurring financial income | 75 | €92 | €3 | -€89 | -97.0% |
| Financial charges | 65/66B | €13,850 | €7,449 | -€6,401 | -46.2% |
| Recurring financial charges | 65 | €13,850 | €7,449 | -€6,401 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,560 | €36,903 | +€43,463 | |
| Income taxes | 67/77 | - | €7,947 | +€7,947 | |
| Profit (loss) for the period | 9904 | -€6,560 | €28,956 | +€35,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,560 | €28,956 | +€35,516 |
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 9 October 2026 via checked.be.