Composil ReUse: 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.
Composil ReUse
Largest movements
- Tangible fixed assets +€89,031
up €89,031 (+1582.4%), from €5,627 to €94,658
of which Furniture and vehicles: +€92,466
- Stocks and contracts +€83,681
up €83,681 (+33.6%), from €249,313 to €332,994
- Receivables within one year +€22,482
up €22,482 (+12.8%), from €175,138 to €197,620
of which Trade receivables: +€17,439
- Cash -€17,638
down €17,638 (-80.7%), from €21,860 to €4,222
mainly Investment in fixed assets (net) (-€104,500) and Stocks and contracts (-€83,681)
- Other debts +€75,663
up €75,663 (+34.8%), from €217,383 to €293,046
- Debts after one year +€58,174
new in 2025: €58,174
- Tax, wage and social debts +€25,080
up €25,080 (+109.2%), from €22,967 to €48,047
of which Remuneration and social security: +€36,890
- Current portion of long-term debt +€15,594
new in 2025: €15,594
- Profit (loss) carried forward +€12,478
up €12,478 (+8.6%), from €145,448 to €157,925
- Staff costs +€95,613
up €95,613 (+79.6%), from €120,164 to €215,777
- Gross operating margin +€72,421
up €72,421 (+39.7%), from €182,473 to €254,894
- Depreciation +€15,102
up €15,102 (+1175.6%), from €1,285 to €16,386
- Taxes -€10,012
down €10,012 (-62.1%), from €16,114 to €6,102
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 | €455,178 | €634,597 | +€179,418 | +39.4% |
| Formation expenses | 20 | €979 | €587 | -€392 | -40.0% |
| Fixed assets | 21/28 | €6,955 | €95,460 | +€88,505 | +1272.5% |
| Intangible fixed assets | 21 | €1,329 | €803 | -€526 | -39.6% |
| Tangible fixed assets | 22/27 | €5,627 | €94,658 | +€89,031 | +1582.4% |
| Furniture and vehicles | 24 | €2,192 | €94,658 | +€92,466 | +4219.3% |
| Assets under construction and advance payments | 27 | €3,435 | €0 | -€3,435 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €447,245 | €538,549 | +€91,305 | +20.4% |
| Stocks and contracts in progress | 3 | €249,313 | €332,994 | +€83,681 | +33.6% |
| Stocks | 30/36 | €249,313 | €332,994 | +€83,681 | +33.6% |
| Amounts receivable within one year | 40/41 | €175,138 | €197,620 | +€22,482 | +12.8% |
| Trade receivables | 40 | €131,683 | €149,122 | +€17,439 | +13.2% |
| Other amounts receivable | 41 | €43,455 | €48,498 | +€5,043 | +11.6% |
| Cash at bank and in hand | 54/58 | €21,860 | €4,222 | -€17,638 | -80.7% |
| Deferred charges and accrued income | 490/1 | €933 | €3,714 | +€2,781 | +298.0% |
| Total equity and liabilities | 10/49 | €455,178 | €634,597 | +€179,418 | +39.4% |
| Equity | 10/15 | €145,449 | €157,926 | +€12,478 | +8.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,448 | €157,925 | +€12,478 | +8.6% |
| Amounts payable | 17/49 | €309,730 | €476,670 | +€166,941 | +53.9% |
| Amounts payable after more than one year | 17 | - | €58,174 | +€58,174 | |
| Financial debts | 170/4 | - | €58,174 | +€58,174 | |
| Amounts payable within one year | 42/48 | €298,109 | €413,032 | +€114,922 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,594 | +€15,594 | |
| Financial debts | 43 | €0 | €10,108 | +€10,108 | |
| Credit institutions | 430/8 | €0 | €10,108 | +€10,108 | |
| Trade debts | 44 | €57,759 | €46,237 | -€11,522 | -19.9% |
| Suppliers | 440/4 | €57,759 | €46,237 | -€11,522 | -19.9% |
| Taxes, remuneration and social security | 45 | €22,967 | €48,047 | +€25,080 | +109.2% |
| Taxes | 450/3 | €18,495 | €6,685 | -€11,810 | -63.9% |
| Remuneration and social security | 454/9 | €4,472 | €41,362 | +€36,890 | +824.8% |
| Other amounts payable | 47/48 | €217,383 | €293,046 | +€75,663 | +34.8% |
| Accrued charges and deferred income | 492/3 | €11,620 | €5,464 | -€6,156 | -53.0% |
| Remuneration, social security and pensions | 62 | €120,164 | €215,777 | +€95,613 | +79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,285 | €16,386 | +€15,102 | +1175.6% |
| Other operating charges | 640/8 | €512 | €810 | +€298 | +58.1% |
| Gross operating margin | 9900 | €182,473 | €254,894 | +€72,421 | +39.7% |
| Operating profit (loss) | 9901 | €60,512 | €21,921 | -€38,591 | -63.8% |
| Financial income | 75/76B | €222 | €1,676 | +€1,454 | +654.4% |
| Recurring financial income | 75 | €222 | €1,676 | +€1,454 | +654.4% |
| Financial charges | 65/66B | €5,413 | €5,017 | -€396 | -7.3% |
| Recurring financial charges | 65 | €5,413 | €5,017 | -€396 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €55,321 | €18,580 | -€36,742 | -66.4% |
| Income taxes | 67/77 | €16,114 | €6,102 | -€10,012 | -62.1% |
| Profit (loss) for the period | 9904 | €39,208 | €12,478 | -€26,730 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,208 | €12,478 | -€26,730 | -68.2% |
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 5 October 2026 via checked.be.