Compasser: 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.
Compasser
Largest movements
- Receivables within one year -€32,898
down €32,898 (-47.7%), from €68,973 to €36,075
of which Trade receivables: -€31,174
- Tangible fixed assets +€10,858
up €10,858 (+71.8%), from €15,125 to €25,982
- Cash -€8,261
down €8,261 (-34.6%), from €23,888 to €15,627
mainly Trade debts (-€26,034) and Investment in fixed assets (net) (-€17,348)
- Deferred charges and accrued income +€1,549
up €1,549 (+14.5%), from €10,695 to €12,244
- Trade debts -€26,034
down €26,034 (-59.8%), from €43,515 to €17,482
- Reserves +€7,811
up €7,811 (+10.1%), from €76,969 to €84,780
of which Distributable reserves: +€7,811
- Other debts -€7,502
down €7,502 (-100%), from €7,502 to €0
- Tax, wage and social debts -€3,027
down €3,027 (-44.2%), from €6,844 to €3,816
- Gross operating margin -€21,834
down €21,834 (-48.7%), from €44,861 to €23,027
- Depreciation +€1,577
up €1,577 (+32.1%), from €4,913 to €6,490
- Taxes -€1,273
down €1,273 (-18.7%), from €6,816 to €5,542
- Other operating charges -€537
down €537 (-14.6%), from €3,678 to €3,141
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.
Derived cash bridge
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 | €153,431 | €124,678 | -€28,752 | -18.7% |
| Fixed assets | 21/28 | €15,375 | €26,232 | +€10,858 | +70.6% |
| Tangible fixed assets | 22/27 | €15,125 | €25,982 | +€10,858 | +71.8% |
| Furniture and vehicles | 24 | €15,125 | €25,982 | +€10,858 | +71.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €138,056 | €98,446 | -€39,610 | -28.7% |
| Amounts receivable after more than one year | 29 | €34,500 | €34,500 | = | 0.0% |
| Other amounts receivable | 291 | €34,500 | €34,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,973 | €36,075 | -€32,898 | -47.7% |
| Trade receivables | 40 | €52,271 | €21,097 | -€31,174 | -59.6% |
| Other amounts receivable | 41 | €16,702 | €14,978 | -€1,724 | -10.3% |
| Cash at bank and in hand | 54/58 | €23,888 | €15,627 | -€8,261 | -34.6% |
| Deferred charges and accrued income | 490/1 | €10,695 | €12,244 | +€1,549 | +14.5% |
| Total equity and liabilities | 10/49 | €153,431 | €124,678 | -€28,752 | -18.7% |
| Equity | 10/15 | €95,569 | €103,380 | +€7,811 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,969 | €84,780 | +€7,811 | +10.1% |
| Tax-exempt reserves | 132 | €410 | €410 | = | 0.0% |
| Distributable reserves | 133 | €76,559 | €84,370 | +€7,811 | +10.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,861 | €21,298 | -€36,563 | -63.2% |
| Amounts payable within one year | 42/48 | €57,861 | €21,298 | -€36,563 | -63.2% |
| Trade debts | 44 | €43,515 | €17,482 | -€26,034 | -59.8% |
| Suppliers | 440/4 | €43,515 | €17,482 | -€26,034 | -59.8% |
| Taxes, remuneration and social security | 45 | €6,844 | €3,816 | -€3,027 | -44.2% |
| Taxes | 450/3 | €6,844 | €3,816 | -€3,027 | -44.2% |
| Other amounts payable | 47/48 | €7,502 | €0 | -€7,502 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,913 | €6,490 | +€1,577 | +32.1% |
| Other operating charges | 640/8 | €3,678 | €3,141 | -€537 | -14.6% |
| Non-recurring operating charges | 66A | €3,241 | €0 | -€3,241 | -100% |
| Gross operating margin | 9900 | €44,861 | €23,027 | -€21,834 | -48.7% |
| Operating profit (loss) | 9901 | €33,028 | €13,396 | -€19,632 | -59.4% |
| Financial income | 75/76B | €1,145 | €1,456 | +€311 | +27.1% |
| Recurring financial income | 75 | €1,145 | €1,456 | +€311 | +27.1% |
| Financial charges | 65/66B | €1,609 | €1,499 | -€110 | -6.8% |
| Recurring financial charges | 65 | €1,609 | €1,499 | -€110 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €32,565 | €13,353 | -€19,211 | -59.0% |
| Income taxes | 67/77 | €6,816 | €5,542 | -€1,273 | -18.7% |
| Profit (loss) for the period | 9904 | €25,749 | €7,811 | -€17,938 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,749 | €7,811 | -€17,938 | -69.7% |
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 14 October 2026 via checked.be.