COMPLEET: 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.
COMPLEET
Largest movements
- Tangible fixed assets +€530,060
up €530,060 (+139.4%), from €380,317 to €910,377
of which Land and buildings: +€535,682
- Receivables within one year +€182,872
up €182,872 (+263.5%), from €69,389 to €252,262
of which Other amounts receivable: +€199,841
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Cash -€68,803
down €68,803 (-77.4%), from €88,898 to €20,095
mainly Investment in fixed assets (net) (-€663,049) and Contributions, distributions and other (-€253,678)
- Stocks and contracts +€15,397
up €15,397 (+85.5%), from €18,003 to €33,400
- Other debts +€251,951
up €251,951 (+14589.0%), from €1,727 to €253,678
- Debts after one year +€243,494
up €243,494, from €0 to €243,494
- Current portion of long-term debt +€51,751
up €51,751 (+1088.4%), from €4,755 to €56,506
- Trade debts -€20,097
down €20,097 (-71.5%), from €28,097 to €8,000
- Tax, wage and social debts -€18,552
down €18,552 (-43.5%), from €42,628 to €24,076
- Depreciation +€78,884
up €78,884 (+144.6%), from €54,545 to €133,429
- Gross operating margin +€49,360
up €49,360 (+12.1%), from €408,229 to €457,589
- Taxes -€22,353
down €22,353 (-20.6%), from €108,533 to €86,180
- Other operating charges -€22,163
down €22,163 (-90.9%), from €24,371 to €2,208
- Financial income +€9,852
up €9,852 (+103.2%), from €9,544 to €19,396
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 | €724,132 | €1,234,109 | +€509,978 | +70.4% |
| Fixed assets | 21/28 | €389,333 | €918,953 | +€529,620 | +136.0% |
| Intangible fixed assets | 21 | €732 | €292 | -€440 | -60.1% |
| Tangible fixed assets | 22/27 | €380,317 | €910,377 | +€530,060 | +139.4% |
| Land and buildings | 22 | €186,947 | €722,629 | +€535,682 | +286.5% |
| Plant, machinery and equipment | 23 | €139,089 | €134,322 | -€4,767 | -3.4% |
| Furniture and vehicles | 24 | €51,072 | €33,279 | -€17,793 | -34.8% |
| Other tangible fixed assets | 26 | €3,209 | €20,147 | +€16,938 | +527.8% |
| Financial fixed assets | 28 | €8,284 | €8,284 | = | 0.0% |
| Current assets | 29/58 | €334,799 | €315,157 | -€19,642 | -5.9% |
| Stocks and contracts in progress | 3 | €18,003 | €33,400 | +€15,397 | +85.5% |
| Stocks | 30/36 | €18,003 | €33,400 | +€15,397 | +85.5% |
| Amounts receivable within one year | 40/41 | €69,389 | €252,262 | +€182,872 | +263.5% |
| Trade receivables | 40 | €65,625 | €48,656 | -€16,968 | -25.9% |
| Other amounts receivable | 41 | €3,764 | €203,605 | +€199,841 | +5308.8% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €88,898 | €20,095 | -€68,803 | -77.4% |
| Deferred charges and accrued income | 490/1 | €8,508 | €9,400 | +€892 | +10.5% |
| Total equity and liabilities | 10/49 | €724,132 | €1,234,109 | +€509,978 | +70.4% |
| Equity | 10/15 | €637,876 | €637,876 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €635,876 | €635,876 | = | 0.0% |
| Distributable reserves | 133 | €635,876 | €635,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €86,255 | €596,233 | +€509,978 | +591.2% |
| Amounts payable after more than one year | 17 | €0 | €243,494 | +€243,494 | |
| Financial debts | 170/4 | €0 | €243,494 | +€243,494 | |
| Amounts payable within one year | 42/48 | €79,507 | €347,460 | +€267,954 | +337.0% |
| Current portion of amounts payable after more than one year | 42 | €4,755 | €56,506 | +€51,751 | +1088.4% |
| Trade debts | 44 | €28,097 | €8,000 | -€20,097 | -71.5% |
| Suppliers | 440/4 | €28,097 | €8,000 | -€20,097 | -71.5% |
| Advances received on contracts in progress | 46 | €2,300 | €5,200 | +€2,900 | +126.1% |
| Taxes, remuneration and social security | 45 | €42,628 | €24,076 | -€18,552 | -43.5% |
| Taxes | 450/3 | €42,628 | €24,076 | -€18,552 | -43.5% |
| Other amounts payable | 47/48 | €1,727 | €253,678 | +€251,951 | +14589.0% |
| Accrued charges and deferred income | 492/3 | €6,749 | €5,278 | -€1,470 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,545 | €133,429 | +€78,884 | +144.6% |
| Other operating charges | 640/8 | €24,371 | €2,208 | -€22,163 | -90.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €408,229 | €457,589 | +€49,360 | +12.1% |
| Operating profit (loss) | 9901 | €329,314 | €321,952 | -€7,361 | -2.2% |
| Financial income | 75/76B | €9,544 | €19,396 | +€9,852 | +103.2% |
| Recurring financial income | 75 | €9,544 | €19,396 | +€9,852 | +103.2% |
| Financial charges | 65/66B | €465 | €1,489 | +€1,024 | +220.4% |
| Recurring financial charges | 65 | €465 | €1,489 | +€1,024 | +220.4% |
| Profit (loss) for the period before taxes | 9903 | €338,393 | €339,859 | +€1,466 | +0.4% |
| Income taxes | 67/77 | €108,533 | €86,180 | -€22,353 | -20.6% |
| Profit (loss) for the period | 9904 | €229,860 | €253,678 | +€23,819 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €229,860 | €253,678 | +€23,819 | +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 6 October 2026 via checked.be.