COMPILA: 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.
COMPILA
Largest movements
- Receivables within one year -€14,305
down €14,305 (-10.5%), from €135,938 to €121,633
of which Other amounts receivable: -€13,481
- Cash +€4,274
up €4,274 (+53.4%), from €8,010 to €12,285
mainly Net result for the year (+€36,172) and Receivables within one year (+€14,305)
- Tax, wage and social debts -€20,846
down €20,846 (-83.4%), from €24,996 to €4,150
of which Taxes: -€20,846
- Reserves +€12,643
up €12,643 (+19.6%), from €64,564 to €77,207
- Financial charges +€48,947
up €48,947 (+1482.8%), from €3,301 to €52,248
of which Non-recurring financial charges: +€51,443
- Taxes -€11,815
down €11,815 (-52.2%), from €22,646 to €10,832
- Gross operating margin +€9,926
up €9,926 (+10.9%), from €91,273 to €101,198
- Depreciation -€2,230
down €2,230 (-44.2%), from €5,042 to €2,812
- Financial income -€1,210
down €1,210 (-44.0%), from €2,749 to €1,539
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 | €309,505 | €301,644 | -€7,861 | -2.5% |
| Fixed assets | 21/28 | €124,120 | €124,471 | +€351 | +0.3% |
| Tangible fixed assets | 22/27 | €2,820 | €3,171 | +€351 | +12.4% |
| Plant, machinery and equipment | 23 | €2,820 | €3,171 | +€351 | +12.4% |
| Financial fixed assets | 28 | €121,300 | €121,300 | = | 0.0% |
| Current assets | 29/58 | €185,384 | €177,173 | -€8,211 | -4.4% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €135,938 | €121,633 | -€14,305 | -10.5% |
| Trade receivables | 40 | €19,835 | €19,011 | -€824 | -4.2% |
| Other amounts receivable | 41 | €116,103 | €102,622 | -€13,481 | -11.6% |
| Cash at bank and in hand | 54/58 | €8,010 | €12,285 | +€4,274 | +53.4% |
| Deferred charges and accrued income | 490/1 | €1,436 | €3,255 | +€1,819 | +126.7% |
| Total equity and liabilities | 10/49 | €309,505 | €301,644 | -€7,861 | -2.5% |
| Equity | 10/15 | €66,564 | €79,207 | +€12,643 | +19.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €64,564 | €77,207 | +€12,643 | +19.6% |
| Distributable reserves | 133 | €64,564 | €77,207 | +€12,643 | +19.6% |
| Amounts payable | 17/49 | €242,941 | €222,437 | -€20,504 | -8.4% |
| Amounts payable after more than one year | 17 | €121,300 | €121,300 | = | 0.0% |
| Financial debts | 170/4 | €121,300 | €121,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,641 | €101,137 | -€20,504 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €90,749 | €90,749 | = | 0.0% |
| Trade debts | 44 | €115 | - | -€115 | |
| Suppliers | 440/4 | €115 | - | -€115 | |
| Taxes, remuneration and social security | 45 | €24,996 | €4,150 | -€20,846 | -83.4% |
| Taxes | 450/3 | €22,646 | €1,800 | -€20,846 | -92.1% |
| Remuneration and social security | 454/9 | €2,350 | €2,350 | = | 0.0% |
| Other amounts payable | 47/48 | €5,780 | €6,238 | +€458 | +7.9% |
| Non-recurring operating income | 76A | €23,036 | - | -€23,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,042 | €2,812 | -€2,230 | -44.2% |
| Other operating charges | 640/8 | €387 | €673 | +€286 | +73.8% |
| Gross operating margin | 9900 | €91,273 | €101,198 | +€9,926 | +10.9% |
| Operating profit (loss) | 9901 | €85,843 | €97,713 | +€11,870 | +13.8% |
| Financial income | 75/76B | €2,749 | €1,539 | -€1,210 | -44.0% |
| Recurring financial income | 75 | €2,749 | €1,539 | -€1,210 | -44.0% |
| Financial charges | 65/66B | €3,301 | €52,248 | +€48,947 | +1482.8% |
| Recurring financial charges | 65 | €3,301 | €805 | -€2,496 | -75.6% |
| Non-recurring financial charges | 66B | - | €51,443 | +€51,443 | |
| Profit (loss) for the period before taxes | 9903 | €85,291 | €47,004 | -€38,287 | -44.9% |
| Income taxes | 67/77 | €22,646 | €10,832 | -€11,815 | -52.2% |
| Profit (loss) for the period | 9904 | €62,644 | €36,172 | -€26,472 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,644 | €36,172 | -€26,472 | -42.3% |
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 10 October 2026 via checked.be.