Compen Antiques: 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.
Compen Antiques
Largest movements
- Stocks and contracts -€99,599
down €99,599 (-6.9%), from €1.4m to €1.3m
- Receivables within one year +€88,694
up €88,694 (+334%), from €26,556 to €115,250
of which Trade receivables: +€55,791
- Cash +€28,294
up €28,294 (+52.2%), from €54,164 to €82,458
mainly Net result for the year (+€109,458) and Stocks and contracts (+€99,599)
- Tangible fixed assets -€25,912
down €25,912 (-18.0%), from €144,215 to €118,303
of which Land and buildings: -€20,070
- Debts after one year -€150,000
down €150,000 (-52.0%), from €288,563 to €138,563
of which Other amounts payable: -€150,000
- Reserves +€109,458
up €109,458 (+12.8%), from €853,168 to €962,625
- Trade debts +€54,575
up €54,575 (+503%), from €10,858 to €65,433
- Tax, wage and social debts -€40,694
down €40,694 (-38.5%), from €105,706 to €65,012
of which Taxes: -€30,145
- Other debts +€24,212
up €24,212 (+106%), from €22,858 to €47,070
- Gross operating margin -€351,976
down €351,976 (-64.6%), from €545,029 to €193,053
- Taxes -€92,828
down €92,828 (-63.7%), from €145,823 to €52,995
- Financial charges -€33,963
down €33,963 (-86.2%), from €39,415 to €5,451
- Other operating charges -€7,057
down €7,057 (-63.3%), from €11,144 to €4,087
- Financial income +€5,561
up €5,561 (+472%), from €1,177 to €6,738
of which Non-recurring financial income: +€6,732
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 | €1,669,725 | €1,653,560 | -€16,164 | -1.0% |
| Fixed assets | 21/28 | €144,215 | €118,303 | -€25,912 | -18.0% |
| Tangible fixed assets | 22/27 | €144,215 | €118,303 | -€25,912 | -18.0% |
| Land and buildings | 22 | €135,526 | €115,456 | -€20,070 | -14.8% |
| Plant, machinery and equipment | 23 | €1,965 | €2,213 | +€247 | +12.6% |
| Furniture and vehicles | 24 | €6,724 | €634 | -€6,090 | -90.6% |
| Current assets | 29/58 | €1,525,510 | €1,535,257 | +€9,748 | +0.6% |
| Stocks and contracts in progress | 3 | €1,437,148 | €1,337,549 | -€99,599 | -6.9% |
| Stocks | 30/36 | €1,437,148 | €1,337,549 | -€99,599 | -6.9% |
| Amounts receivable within one year | 40/41 | €26,556 | €115,250 | +€88,694 | +334% |
| Trade receivables | 40 | €12,380 | €68,170 | +€55,791 | +451% |
| Other amounts receivable | 41 | €14,177 | €47,080 | +€32,903 | +232% |
| Cash at bank and in hand | 54/58 | €54,164 | €82,458 | +€28,294 | +52.2% |
| Deferred charges and accrued income | 490/1 | €7,641 | - | -€7,641 | |
| Total equity and liabilities | 10/49 | €1,669,725 | €1,653,560 | -€16,164 | -1.0% |
| Equity | 10/15 | €1,218,145 | €1,327,603 | +€109,458 | +9.0% |
| Contributions | 10/11 | €348,600 | €348,600 | = | 0.0% |
| Reserves | 13 | €853,168 | €962,625 | +€109,458 | +12.8% |
| Distributable reserves | 133 | €853,168 | €962,625 | +€109,458 | +12.8% |
| Profit (loss) carried forward | 14 | €16,377 | €16,377 | = | 0.0% |
| Amounts payable | 17/49 | €451,580 | €325,958 | -€125,622 | -27.8% |
| Amounts payable after more than one year | 17 | €288,563 | €138,563 | -€150,000 | -52.0% |
| Financial debts | 170/4 | €13,563 | €13,563 | = | 0.0% |
| Other amounts payable | 178/9 | €275,000 | €125,000 | -€150,000 | -54.5% |
| Amounts payable within one year | 42/48 | €152,371 | €177,515 | +€25,145 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €12,948 | - | -€12,948 | |
| Trade debts | 44 | €10,858 | €65,433 | +€54,575 | +503% |
| Suppliers | 440/4 | €10,858 | €65,433 | +€54,575 | +503% |
| Taxes, remuneration and social security | 45 | €105,706 | €65,012 | -€40,694 | -38.5% |
| Taxes | 450/3 | €95,157 | €65,012 | -€30,145 | -31.7% |
| Remuneration and social security | 454/9 | €10,549 | - | -€10,549 | |
| Other amounts payable | 47/48 | €22,858 | €47,070 | +€24,212 | +106% |
| Accrued charges and deferred income | 492/3 | €10,647 | €9,880 | -€767 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,889 | €27,799 | +€910 | +3.4% |
| Other operating charges | 640/8 | €11,144 | €4,087 | -€7,057 | -63.3% |
| Gross operating margin | 9900 | €545,029 | €193,053 | -€351,976 | -64.6% |
| Operating profit (loss) | 9901 | €506,996 | €161,167 | -€345,830 | -68.2% |
| Financial income | 75/76B | €1,177 | €6,738 | +€5,561 | +472% |
| Recurring financial income | 75 | €1,177 | €5 | -€1,172 | -99.6% |
| Non-recurring financial income | 76B | - | €6,732 | +€6,732 | |
| Financial charges | 65/66B | €39,415 | €5,451 | -€33,963 | -86.2% |
| Recurring financial charges | 65 | €39,415 | €5,451 | -€33,963 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | €468,758 | €162,453 | -€306,306 | -65.3% |
| Income taxes | 67/77 | €145,823 | €52,995 | -€92,828 | -63.7% |
| Profit (loss) for the period | 9904 | €322,935 | €109,458 | -€213,477 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €322,935 | €109,458 | -€213,477 | -66.1% |
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 19 October 2026 via checked.be.