Compass Plus: 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 Plus
Largest movements
- Receivables within one year +€8,795
up €8,795 (+18.7%), from €47,097 to €55,892
of which Trade receivables: +€9,705
- Cash -€6,135
down €6,135 (-2.7%), from €224,105 to €217,970
mainly Contributions, distributions and other (-€211,728) and Tax, wage and social debts (-€52,342)
- Other debts +€177,872
up €177,872, from €0 to €177,872
- Reserves -€117,042
down €117,042 (-54.8%), from €213,614 to €96,572
- Tax, wage and social debts -€52,342
down €52,342 (-59.4%), from €88,118 to €35,776
of which Taxes: -€52,842
- Gross operating margin -€8,426
down €8,426 (-5.8%), from €144,221 to €135,795
- Depreciation +€4,908
up €4,908 (+62.1%), from €7,896 to €12,804
- Taxes -€2,529
down €2,529 (-8.4%), from €30,077 to €27,548
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 | €314,475 | €321,672 | +€7,197 | +2.3% |
| Fixed assets | 21/28 | €43,272 | €46,035 | +€2,762 | +6.4% |
| Tangible fixed assets | 22/27 | €43,272 | €46,035 | +€2,762 | +6.4% |
| Plant, machinery and equipment | 23 | €1,987 | €1,482 | -€504 | -25.4% |
| Furniture and vehicles | 24 | €3,856 | €1,780 | -€2,077 | -53.9% |
| Other tangible fixed assets | 26 | €37,429 | €42,772 | +€5,343 | +14.3% |
| Current assets | 29/58 | €271,202 | €275,637 | +€4,435 | +1.6% |
| Amounts receivable within one year | 40/41 | €47,097 | €55,892 | +€8,795 | +18.7% |
| Trade receivables | 40 | €46,187 | €55,892 | +€9,705 | +21.0% |
| Other amounts receivable | 41 | €910 | €0 | -€910 | -100.0% |
| Cash at bank and in hand | 54/58 | €224,105 | €217,970 | -€6,135 | -2.7% |
| Deferred charges and accrued income | 490/1 | - | €1,775 | +€1,775 | |
| Total equity and liabilities | 10/49 | €314,475 | €321,672 | +€7,197 | +2.3% |
| Equity | 10/15 | €216,614 | €99,572 | -€117,042 | -54.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €213,614 | €96,572 | -€117,042 | -54.8% |
| Distributable reserves | 133 | €213,614 | €96,572 | -€117,042 | -54.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €97,861 | €222,100 | +€124,239 | +127.0% |
| Amounts payable within one year | 42/48 | €97,270 | €221,119 | +€123,849 | +127.3% |
| Trade debts | 44 | €9,051 | €5,893 | -€3,158 | -34.9% |
| Suppliers | 440/4 | €9,051 | €5,893 | -€3,158 | -34.9% |
| Advances received on contracts in progress | 46 | €100 | €1,578 | +€1,478 | +1479.6% |
| Taxes, remuneration and social security | 45 | €88,118 | €35,776 | -€52,342 | -59.4% |
| Taxes | 450/3 | €85,868 | €33,026 | -€52,842 | -61.5% |
| Remuneration and social security | 454/9 | €2,250 | €2,750 | +€500 | +22.2% |
| Other amounts payable | 47/48 | €0 | €177,872 | +€177,872 | |
| Accrued charges and deferred income | 492/3 | €591 | €981 | +€390 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,896 | €12,804 | +€4,908 | +62.1% |
| Other operating charges | 640/8 | €530 | €638 | +€108 | +20.5% |
| Gross operating margin | 9900 | €144,221 | €135,795 | -€8,426 | -5.8% |
| Operating profit (loss) | 9901 | €135,794 | €122,353 | -€13,442 | -9.9% |
| Financial income | 75/76B | €25 | €94 | +€69 | +269.1% |
| Recurring financial income | 75 | €25 | €94 | +€69 | +269.1% |
| Financial charges | 65/66B | €97 | €213 | +€116 | +119.2% |
| Recurring financial charges | 65 | €97 | €213 | +€116 | +119.2% |
| Profit (loss) for the period before taxes | 9903 | €135,723 | €122,234 | -€13,489 | -9.9% |
| Income taxes | 67/77 | €30,077 | €27,548 | -€2,529 | -8.4% |
| Profit (loss) for the period | 9904 | €105,645 | €94,685 | -€10,960 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €105,645 | €94,685 | -€10,960 | -10.4% |
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.