COMPOSIT: 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.
COMPOSIT
Largest movements
- Cash +€55,775
up €55,775 (+107.4%), from €51,939 to €107,714
mainly Net result for the year (+€38,589) and Depreciation (+€17,897)
- Tangible fixed assets -€17,897
down €17,897 (-5.6%), from €321,207 to €303,310
of which Land and buildings: -€15,172
- Profit (loss) carried forward +€38,589
up €38,589 (+23.0%), from €167,553 to €206,142
- Gross operating margin +€31,787
up €31,787 (+108.1%), from €29,417 to €61,204
- Depreciation +€973
up €973 (+5.8%), from €16,924 to €17,897
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 | €375,009 | €412,888 | +€37,878 | +10.1% |
| Fixed assets | 21/28 | €323,071 | €305,174 | -€17,897 | -5.5% |
| Tangible fixed assets | 22/27 | €321,207 | €303,310 | -€17,897 | -5.6% |
| Land and buildings | 22 | €297,257 | €282,085 | -€15,172 | -5.1% |
| Plant, machinery and equipment | 23 | €23,230 | €20,757 | -€2,473 | -10.6% |
| Furniture and vehicles | 24 | €720 | €468 | -€252 | -35.0% |
| Financial fixed assets | 28 | €1,864 | €1,864 | = | 0.0% |
| Current assets | 29/58 | €51,939 | €107,714 | +€55,775 | +107.4% |
| Cash at bank and in hand | 54/58 | €51,939 | €107,714 | +€55,775 | +107.4% |
| Total equity and liabilities | 10/49 | €375,009 | €412,888 | +€37,878 | +10.1% |
| Equity | 10/15 | €186,145 | €224,734 | +€38,589 | +20.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,553 | €206,142 | +€38,589 | +23.0% |
| Amounts payable | 17/49 | €188,865 | €188,154 | -€711 | -0.4% |
| Amounts payable within one year | 42/48 | €188,865 | €188,154 | -€711 | -0.4% |
| Trade debts | 44 | €768 | - | -€768 | |
| Suppliers | 440/4 | €768 | - | -€768 | |
| Other amounts payable | 47/48 | €188,097 | €188,154 | +€56 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,924 | €17,897 | +€973 | +5.8% |
| Other operating charges | 640/8 | €4,051 | €3,982 | -€69 | -1.7% |
| Gross operating margin | 9900 | €29,417 | €61,204 | +€31,787 | +108.1% |
| Operating profit (loss) | 9901 | €8,442 | €39,325 | +€30,883 | +365.8% |
| Financial charges | 65/66B | €675 | €308 | -€366 | -54.3% |
| Recurring financial charges | 65 | €675 | €308 | -€366 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €7,767 | €39,016 | +€31,249 | +402.3% |
| Income taxes | 67/77 | - | €427 | +€427 | |
| Profit (loss) for the period | 9904 | €7,767 | €38,589 | +€30,822 | +396.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,767 | €38,589 | +€30,822 | +396.8% |
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 4 October 2026 via checked.be.