Comptamax: 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.
Comptamax
Largest movements
- Cash +€50,858
up €50,858 (+79.3%), from €64,106 to €114,964
mainly Provisions (+€38,166) and Net result for the year (+€20,024)
- Receivables within one year +€11,296
up €11,296 (+18.7%), from €60,365 to €71,661
of which Other amounts receivable: +€8,528
- Current investments +€10,000
up €10,000 (+83.3%), from €12,000 to €22,000
- Tangible fixed assets +€9,849
up €9,849 (+15.3%), from €64,581 to €74,430
of which Other tangible fixed assets: +€12,400
- Provisions +€38,166
new in 2025: €38,166
- Other debts +€17,301
up €17,301 (+1003.6%), from €1,724 to €19,025
- Trade debts +€13,937
up €13,937 (+96.8%), from €14,404 to €28,340
- Tax, wage and social debts +€7,580
up €7,580 (+21.3%), from €35,522 to €43,102
of which Taxes: +€4,468
- Reserves +€4,000
up €4,000 (+2.8%), from €141,860 to €145,860
- Gross operating margin +€77,351
up €77,351 (+46.3%), from €167,028 to €244,379
- Staff costs +€40,049
up €40,049 (+38.4%), from €104,211 to €144,260
- Provisions +€38,166
new in 2025: €38,166
- Taxes +€5,567
up €5,567 (+41.7%), from €13,361 to €18,927
- Depreciation +€4,209
up €4,209 (+61.4%), from €6,850 to €11,059
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 | €229,118 | €311,315 | +€82,197 | +35.9% |
| Fixed assets | 21/28 | €69,911 | €79,272 | +€9,361 | +13.4% |
| Intangible fixed assets | 21 | €623 | €135 | -€488 | -78.3% |
| Tangible fixed assets | 22/27 | €64,581 | €74,430 | +€9,849 | +15.3% |
| Land and buildings | 22 | €49,736 | €46,041 | -€3,695 | -7.4% |
| Furniture and vehicles | 24 | €2,904 | €4,049 | +€1,144 | +39.4% |
| Other tangible fixed assets | 26 | €11,940 | €24,341 | +€12,400 | +103.9% |
| Financial fixed assets | 28 | €4,707 | €4,707 | = | 0.0% |
| Current assets | 29/58 | €159,207 | €232,043 | +€72,836 | +45.7% |
| Amounts receivable within one year | 40/41 | €60,365 | €71,661 | +€11,296 | +18.7% |
| Trade receivables | 40 | €20,508 | €23,276 | +€2,768 | +13.5% |
| Other amounts receivable | 41 | €39,857 | €48,384 | +€8,528 | +21.4% |
| Current investments | 50/53 | €12,000 | €22,000 | +€10,000 | +83.3% |
| Cash at bank and in hand | 54/58 | €64,106 | €114,964 | +€50,858 | +79.3% |
| Deferred charges and accrued income | 490/1 | €22,735 | €23,418 | +€683 | +3.0% |
| Total equity and liabilities | 10/49 | €229,118 | €311,315 | +€82,197 | +35.9% |
| Equity | 10/15 | €177,468 | €181,492 | +€4,024 | +2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €141,860 | €145,860 | +€4,000 | +2.8% |
| Distributable reserves | 133 | €141,860 | €145,860 | +€4,000 | +2.8% |
| Profit (loss) carried forward | 14 | €29,408 | €29,432 | +€24 | +0.1% |
| Provisions and deferred taxes | 16 | - | €38,166 | +€38,166 | |
| Provisions for liabilities and charges | 160/5 | - | €38,166 | +€38,166 | |
| Other liabilities and charges | 164/5 | - | €38,166 | +€38,166 | |
| Amounts payable | 17/49 | €51,650 | €91,658 | +€40,008 | +77.5% |
| Amounts payable within one year | 42/48 | €51,650 | €90,468 | +€38,818 | +75.2% |
| Trade debts | 44 | €14,404 | €28,340 | +€13,937 | +96.8% |
| Suppliers | 440/4 | €14,404 | €28,340 | +€13,937 | +96.8% |
| Taxes, remuneration and social security | 45 | €35,522 | €43,102 | +€7,580 | +21.3% |
| Taxes | 450/3 | €20,426 | €24,895 | +€4,468 | +21.9% |
| Remuneration and social security | 454/9 | €15,096 | €18,208 | +€3,112 | +20.6% |
| Other amounts payable | 47/48 | €1,724 | €19,025 | +€17,301 | +1003.6% |
| Accrued charges and deferred income | 492/3 | - | €1,190 | +€1,190 | |
| Remuneration, social security and pensions | 62 | €104,211 | €144,260 | +€40,049 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,850 | €11,059 | +€4,209 | +61.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €38,166 | +€38,166 | |
| Other operating charges | 640/8 | €8,509 | €9,776 | +€1,267 | +14.9% |
| Gross operating margin | 9900 | €167,028 | €244,379 | +€77,351 | +46.3% |
| Operating profit (loss) | 9901 | €47,457 | €41,119 | -€6,339 | -13.4% |
| Financial income | 75/76B | €216 | €249 | +€32 | +14.9% |
| Recurring financial income | 75 | €216 | €249 | +€32 | +14.9% |
| Financial charges | 65/66B | €2,528 | €2,416 | -€111 | -4.4% |
| Recurring financial charges | 65 | €2,528 | €2,416 | -€111 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €45,146 | €38,951 | -€6,195 | -13.7% |
| Income taxes | 67/77 | €13,361 | €18,927 | +€5,567 | +41.7% |
| Profit (loss) for the period | 9904 | €31,785 | €20,024 | -€11,761 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,785 | €20,024 | -€11,761 | -37.0% |
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 3 October 2026 via checked.be.