COMPOSIA: 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.
COMPOSIA
Largest movements
- Tangible fixed assets -€36,065
down €36,065 (-40.5%), from €89,031 to €52,965
of which Furniture and vehicles: -€35,552
- Cash -€29,561
down €29,561 (-54.9%), from €53,867 to €24,306
mainly Net result for the year (-€817,861) and Debts after one year (-€29,138)
- Receivables within one year -€5,348
down €5,348 (-4.1%), from €129,415 to €124,067
of which Trade receivables: -€34,156
- Profit (loss) carried forward -€817,861
down €817,861 (-22.2%), from -€3.7m to -€4.5m
- Other debts +€765,500
up €765,500 (+20.2%), from €3.8m to €4.5m
- Debts after one year -€29,138
down €29,138 (-56.5%), from €51,537 to €22,398
- Accrued charges and deferred income +€8,965
new in 2025: €8,965
- Trade debts +€3,675
up €3,675 (+6.6%), from €55,347 to €59,023
- Turnover -€317,332
down €317,332 (-63.2%), from €501,874 to €184,542
- Gross operating margin -€163,801
down €163,801 (-31.7%), from -€516,065 to -€679,866
- Purchases and services -€153,531
down €153,531 (-15.1%), from €1.0m to €864,408
- Other operating charges -€16,702
down €16,702 (-69.8%), from €23,941 to €7,239
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 | €275,513 | €204,705 | -€70,807 | -25.7% |
| Fixed assets | 21/28 | €89,031 | €52,965 | -€36,065 | -40.5% |
| Tangible fixed assets | 22/27 | €89,031 | €52,965 | -€36,065 | -40.5% |
| Furniture and vehicles | 24 | €88,046 | €52,495 | -€35,552 | -40.4% |
| Other tangible fixed assets | 26 | €984 | €471 | -€514 | -52.2% |
| Current assets | 29/58 | €186,482 | €151,740 | -€34,742 | -18.6% |
| Amounts receivable within one year | 40/41 | €129,415 | €124,067 | -€5,348 | -4.1% |
| Trade receivables | 40 | €125,373 | €91,217 | -€34,156 | -27.2% |
| Other amounts receivable | 41 | €4,042 | €32,850 | +€28,808 | +712.7% |
| Cash at bank and in hand | 54/58 | €53,867 | €24,306 | -€29,561 | -54.9% |
| Deferred charges and accrued income | 490/1 | €3,200 | €3,368 | +€167 | +5.2% |
| Total equity and liabilities | 10/49 | €275,513 | €204,705 | -€70,807 | -25.7% |
| Equity | 10/15 | -€3,659,399 | -€4,477,260 | -€817,861 | -22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,677,999 | -€4,495,860 | -€817,861 | -22.2% |
| Amounts payable | 17/49 | €3,934,912 | €4,681,966 | +€747,054 | +19.0% |
| Amounts payable after more than one year | 17 | €51,537 | €22,398 | -€29,138 | -56.5% |
| Financial debts | 170/4 | €51,537 | €22,398 | -€29,138 | -56.5% |
| Amounts payable within one year | 42/48 | €3,883,375 | €4,650,603 | +€767,228 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €28,329 | €29,138 | +€809 | +2.9% |
| Trade debts | 44 | €55,347 | €59,023 | +€3,675 | +6.6% |
| Suppliers | 440/4 | €55,347 | €59,023 | +€3,675 | +6.6% |
| Taxes, remuneration and social security | 45 | €15,451 | €12,694 | -€2,757 | -17.8% |
| Taxes | 450/3 | €1,222 | €151 | -€1,071 | -87.6% |
| Remuneration and social security | 454/9 | €14,229 | €12,543 | -€1,686 | -11.8% |
| Other amounts payable | 47/48 | €3,784,247 | €4,549,747 | +€765,500 | +20.2% |
| Accrued charges and deferred income | 492/3 | - | €8,965 | +€8,965 | |
| Turnover | 70 | €501,874 | €184,542 | -€317,332 | -63.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,017,939 | €864,408 | -€153,531 | -15.1% |
| Remuneration, social security and pensions | 62 | €84,853 | €87,476 | +€2,623 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,456 | €36,065 | -€6,390 | -15.1% |
| Other operating charges | 640/8 | €23,941 | €7,239 | -€16,702 | -69.8% |
| Gross operating margin | 9900 | -€516,065 | -€679,866 | -€163,801 | -31.7% |
| Operating profit (loss) | 9901 | -€667,315 | -€810,647 | -€143,332 | -21.5% |
| Financial charges | 65/66B | €3,508 | €2,839 | -€668 | -19.0% |
| Recurring financial charges | 65 | €3,508 | €2,839 | -€668 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€670,823 | -€813,487 | -€142,664 | -21.3% |
| Income taxes | 67/77 | €2,110 | €4,375 | +€2,265 | +107.4% |
| Profit (loss) for the period | 9904 | -€672,932 | -€817,861 | -€144,929 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€672,932 | -€817,861 | -€144,929 | -21.5% |
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 28 September 2026 via checked.be.