COMPO BENELUX: 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.
COMPO BENELUX
Largest movements
- Stocks and contracts -€564,172
down €564,172 (-28.2%), from €2.0m to €1.4m
- Receivables within one year +€501,262
up €501,262 (+15.3%), from €3.3m to €3.8m
of which Other amounts receivable: +€752,027
- Deferred charges and accrued income -€313,425
down €313,425 (-93.6%), from €334,947 to €21,523
- Intangible fixed assets -€97,546
down €97,546 (-100%), from €97,546 to €0
- Tangible fixed assets +€78,031
up €78,031 (+75.9%), from €102,865 to €180,896
of which Furniture and vehicles: +€79,736
- Trade debts -€481,580
down €481,580 (-20.3%), from €2.4m to €1.9m
- Profit (loss) carried forward +€271,439
up €271,439 (+25.0%), from -€1.1m to -€813,394
- Other debts -€184,685
down €184,685 (-13.9%), from €1.3m to €1.1m
- Gross operating margin -€231,181
down €231,181 (-8.0%), from €2.9m to €2.7m
- Depreciation -€179,913
down €179,913 (-51.3%), from €350,423 to €170,510
- Provisions -€111,047
down €111,047, from €55,705 to -€55,342
- Staff costs -€69,344
down €69,344 (-3.5%), from €2.0m to €1.9m
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 | €5,813,274 | €5,416,287 | -€396,986 | -6.8% |
| Fixed assets | 21/28 | €200,411 | €181,240 | -€19,171 | -9.6% |
| Intangible fixed assets | 21 | €97,546 | €0 | -€97,546 | -100% |
| Tangible fixed assets | 22/27 | €102,865 | €180,896 | +€78,031 | +75.9% |
| Furniture and vehicles | 24 | €101,160 | €180,896 | +€79,736 | +78.8% |
| Other tangible fixed assets | 26 | €1,705 | €0 | -€1,705 | -100% |
| Financial fixed assets | 28 | - | €344 | +€344 | |
| Current assets | 29/58 | €5,612,863 | €5,235,047 | -€377,815 | -6.7% |
| Stocks and contracts in progress | 3 | €2,002,243 | €1,438,071 | -€564,172 | -28.2% |
| Stocks | 30/36 | €2,002,243 | €1,438,071 | -€564,172 | -28.2% |
| Amounts receivable within one year | 40/41 | €3,272,126 | €3,773,388 | +€501,262 | +15.3% |
| Trade receivables | 40 | €1,315,762 | €1,064,997 | -€250,765 | -19.1% |
| Other amounts receivable | 41 | €1,956,364 | €2,708,391 | +€752,027 | +38.4% |
| Cash at bank and in hand | 54/58 | €3,546 | €2,065 | -€1,481 | -41.8% |
| Deferred charges and accrued income | 490/1 | €334,947 | €21,523 | -€313,425 | -93.6% |
| Total equity and liabilities | 10/49 | €5,813,274 | €5,416,287 | -€396,986 | -6.8% |
| Equity | 10/15 | €1,476,667 | €1,748,106 | +€271,439 | +18.4% |
| Contributions | 10/11 | €2,561,500 | €2,561,500 | = | 0.0% |
| Capital | 10 | €2,561,500 | €2,561,500 | = | 0.0% |
| Issued capital | 100 | €2,561,500 | €2,561,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,084,833 | -€813,394 | +€271,439 | +25.0% |
| Provisions and deferred taxes | 16 | €204,409 | €149,067 | -€55,342 | -27.1% |
| Provisions for liabilities and charges | 160/5 | €204,409 | €149,067 | -€55,342 | -27.1% |
| Other liabilities and charges | 164/5 | €204,409 | €149,067 | -€55,342 | -27.1% |
| Amounts payable | 17/49 | €4,132,197 | €3,519,114 | -€613,083 | -14.8% |
| Amounts payable within one year | 42/48 | €4,132,197 | €3,519,114 | -€613,083 | -14.8% |
| Trade debts | 44 | €2,377,687 | €1,896,107 | -€481,580 | -20.3% |
| Suppliers | 440/4 | €2,377,687 | €1,896,107 | -€481,580 | -20.3% |
| Taxes, remuneration and social security | 45 | €427,210 | €480,392 | +€53,182 | +12.4% |
| Taxes | 450/3 | €86,101 | €116,686 | +€30,584 | +35.5% |
| Remuneration and social security | 454/9 | €341,109 | €363,706 | +€22,598 | +6.6% |
| Other amounts payable | 47/48 | €1,327,300 | €1,142,615 | -€184,685 | -13.9% |
| Non-recurring operating income | 76A | €120,254 | €108,065 | -€12,188 | -10.1% |
| Remuneration, social security and pensions | 62 | €1,992,482 | €1,923,138 | -€69,344 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350,423 | €170,510 | -€179,913 | -51.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,499 | €31,498 | +€10,999 | +53.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €55,705 | -€55,342 | -€111,047 | |
| Other operating charges | 640/8 | €148,146 | €160,876 | +€12,729 | +8.6% |
| Non-recurring operating charges | 66A | €19,823 | €5,929 | -€13,894 | -70.1% |
| Gross operating margin | 9900 | €2,891,950 | €2,660,768 | -€231,181 | -8.0% |
| Operating profit (loss) | 9901 | €304,872 | €424,160 | +€119,288 | +39.1% |
| Financial income | 75/76B | €74,133 | €77,658 | +€3,525 | +4.8% |
| Recurring financial income | 75 | €74,133 | €77,658 | +€3,525 | +4.8% |
| Financial charges | 65/66B | €113,529 | €117,012 | +€3,482 | +3.1% |
| Recurring financial charges | 65 | €113,529 | €117,012 | +€3,482 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €265,476 | €384,807 | +€119,331 | +44.9% |
| Income taxes | 67/77 | €86,101 | €113,368 | +€27,266 | +31.7% |
| Profit (loss) for the period | 9904 | €179,374 | €271,439 | +€92,064 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €179,374 | €271,439 | +€92,064 | +51.3% |
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 17 October 2026 via checked.be.