COMPOSIL EUROPE: what changed
What changed
COMPOSIL EUROPE
NACE 81.220, Other building cleaning and industrial cleaning
filed annual accounts (NBB)
Net result for the year
€203,451
2024 · €517,809-€314,358
Equity
€1.3m
2024 · €1.3m+€10,942
Cash
€94,995
2024 · €474,999-€380,004
Balance sheet total
€3.6m
2024 · €4.1m-€406,360
Largest movements
Assets
- Cash -€380,004
down €380,004 (-80.0%), from €474,999 to €94,995
mainly Other debts (-€442,130) and Investment in fixed assets (net) (-€224,920)
- Intangible fixed assets -€103,725
down €103,725 (-17.0%), from €608,497 to €504,771
Equity and liabilities
- Other debts -€442,130
down €442,130 (-35.5%), from €1.2m to €805,000
- Short-term financial debts +€174,558
up €174,558 (+371%), from €47,009 to €221,567
- Accrued charges and deferred income -€58,379
down €58,379 (-56.9%), from €102,588 to €44,209
- Provisions -€44,000
down €44,000 (-100%), from €44,000 to €0
Income statement
- Staff costs +€491,712
up €491,712 (+16.5%), from €3.0m to €3.5m
- Provisions -€88,000
down €88,000, from €44,000 to -€44,000
- Taxes -€67,732
down €67,732 (-33.3%), from €203,162 to €135,430
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€517,809
Gross operating margin
-€4,300
Staff costs
-€491,712
Depreciation
-€544
Write-downs
+€8,960
Provisions
+€88,000
Other operating charges
+€12,924
Other operating items
+€33,573
Financial income
-€24,907
Financial charges
-€4,084
Taxes
+€67,732
Result 2025
€203,451
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€89,539
Investment
-€224,920
Financing
-€65,545
Cash 2024
€474,999
From operations (derived)
-€89,539
Net result for the year
+€203,451
Depreciation
+€326,621
Stocks and contracts
-€1,132
Receivables within one year
-€36,992
Deferred charges and accrued income
-€37,223
Provisions
-€44,000
Trade debts
+€15,570
Tax, wage and social debts
-€15,327
Other debts
-€442,130
Accrued charges and deferred income
-€58,379
Investment (derived)
-€224,920
Investment in fixed assets (net)
-€224,920
Financing
-€65,545
Debts after one year
-€27,733
Current portion of long-term debt
-€19,861
Short-term financial debts
+€174,558
Contributions, distributions and other
-€192,509
Cash 2025
€94,995
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,054,956 | €3,648,596 | -€406,360 | -10.0% |
| Fixed assets | 21/28 | €1,681,082 | €1,579,381 | -€101,701 | -6.0% |
| Intangible fixed assets | 21 | €608,497 | €504,771 | -€103,725 | -17.0% |
| Tangible fixed assets | 22/27 | €643,865 | €645,839 | +€1,974 | +0.3% |
| Land and buildings | 22 | €130,656 | €154,500 | +€23,843 | +18.2% |
| Plant, machinery and equipment | 23 | €7,014 | €20,999 | +€13,985 | +199% |
| Furniture and vehicles | 24 | €387,612 | €400,097 | +€12,485 | +3.2% |
| Other tangible fixed assets | 26 | €118,582 | €62,485 | -€56,097 | -47.3% |
| Assets under construction and advance payments | 27 | €0 | €7,758 | +€7,758 | |
| Financial fixed assets | 28 | €428,721 | €428,771 | +€50 | 0.0% |
| Current assets | 29/58 | €2,373,873 | €2,069,215 | -€304,658 | -12.8% |
| Stocks and contracts in progress | 3 | €38,284 | €39,415 | +€1,132 | +3.0% |
| Stocks | 30/36 | €38,284 | €39,415 | +€1,132 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,815,882 | €1,852,873 | +€36,992 | +2.0% |
| Trade receivables | 40 | €911,129 | €838,121 | -€73,008 | -8.0% |
| Other amounts receivable | 41 | €904,753 | €1,014,752 | +€109,999 | +12.2% |
| Cash at bank and in hand | 54/58 | €474,999 | €94,995 | -€380,004 | -80.0% |
| Deferred charges and accrued income | 490/1 | €44,709 | €81,931 | +€37,223 | +83.3% |
| Total equity and liabilities | 10/49 | €4,054,956 | €3,648,596 | -€406,360 | -10.0% |
| Equity | 10/15 | €1,308,079 | €1,319,021 | +€10,942 | +0.8% |
| Contributions | 10/11 | €548,737 | €548,737 | = | 0.0% |
| Capital | 10 | €548,737 | €548,737 | = | 0.0% |
| Issued capital | 100 | €548,737 | €548,737 | = | 0.0% |
| Reserves | 13 | €158,624 | €158,624 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54,874 | €54,874 | = | 0.0% |
| Legal reserve | 130 | €54,874 | €54,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,750 | €43,750 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €600,718 | €611,661 | +€10,942 | +1.8% |
| Provisions and deferred taxes | 16 | €44,000 | €0 | -€44,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €44,000 | €0 | -€44,000 | -100% |
| Other liabilities and charges | 164/5 | €44,000 | €0 | -€44,000 | -100% |
| Amounts payable | 17/49 | €2,702,877 | €2,329,575 | -€373,302 | -13.8% |
| Amounts payable after more than one year | 17 | €413,092 | €385,358 | -€27,733 | -6.7% |
| Financial debts | 170/4 | €413,092 | €385,358 | -€27,733 | -6.7% |
| Amounts payable within one year | 42/48 | €2,187,197 | €1,900,007 | -€287,190 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €182,457 | €162,596 | -€19,861 | -10.9% |
| Financial debts | 43 | €47,009 | €221,567 | +€174,558 | +371% |
| Credit institutions | 430/8 | €47,009 | €221,567 | +€174,558 | +371% |
| Trade debts | 44 | €188,415 | €203,985 | +€15,570 | +8.3% |
| Suppliers | 440/4 | €188,415 | €203,985 | +€15,570 | +8.3% |
| Taxes, remuneration and social security | 45 | €522,186 | €506,859 | -€15,327 | -2.9% |
| Taxes | 450/3 | €122,209 | €64,661 | -€57,548 | -47.1% |
| Remuneration and social security | 454/9 | €399,977 | €442,199 | +€42,222 | +10.6% |
| Other amounts payable | 47/48 | €1,247,130 | €805,000 | -€442,130 | -35.5% |
| Accrued charges and deferred income | 492/3 | €102,588 | €44,209 | -€58,379 | -56.9% |
| Non-recurring operating income | 76A | €997,527 | €3,306 | -€994,221 | -99.7% |
| Remuneration, social security and pensions | 62 | €2,980,150 | €3,471,862 | +€491,712 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €326,077 | €326,621 | +€544 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€8,960 | -€8,960 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €44,000 | -€44,000 | -€88,000 | |
| Other operating charges | 640/8 | €26,063 | €13,139 | -€12,924 | -49.6% |
| Non-recurring operating charges | 66A | €46,483 | €12,910 | -€33,573 | -72.2% |
| Gross operating margin | 9900 | €4,061,019 | €4,056,718 | -€4,300 | -0.1% |
| Operating profit (loss) | 9901 | €638,246 | €285,147 | -€353,099 | -55.3% |
| Financial income | 75/76B | €108,570 | €83,663 | -€24,907 | -22.9% |
| Recurring financial income | 75 | €108,570 | €83,663 | -€24,907 | -22.9% |
| Financial charges | 65/66B | €25,845 | €29,929 | +€4,084 | +15.8% |
| Recurring financial charges | 65 | €25,845 | €29,929 | +€4,084 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €720,971 | €338,881 | -€382,090 | -53.0% |
| Income taxes | 67/77 | €203,162 | €135,430 | -€67,732 | -33.3% |
| Profit (loss) for the period | 9904 | €517,809 | €203,451 | -€314,358 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €517,809 | €203,451 | -€314,358 | -60.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.