COMPUBEL: what changed
Two financial 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.
COMPUBEL
Largest movements
- Current investments -€17,423
down €17,423 (-16.6%), from €104,956 to €87,533
- Cash +€16,700
up €16,700 (+13.5%), from €124,014 to €140,714
mainly Current investments (+€17,423) and Net result for the year (+€9,555)
- Tangible fixed assets +€9,346
up €9,346 (+40.6%), from €23,023 to €32,368
of which Land and buildings: +€12,790
- Reserves +€9,555
up €9,555 (+4.0%), from €238,630 to €248,184
- Financial income -€40,648
down €40,648 (-98.3%), from €41,354 to €706
- Taxes -€20,340
down €20,340 (-81.3%), from €25,004 to €4,664
- Financial charges +€17,421
up €17,421 (+27072.8%), from €64 to €17,486
- Depreciation +€812
up €812 (+14.5%), from €5,607 to €6,419
- Gross operating margin +€788
up €788 (+2.1%), from €37,328 to €38,116
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 | €278,690 | €286,914 | +€8,225 | +3.0% |
| Fixed assets | 21/28 | €23,023 | €32,368 | +€9,346 | +40.6% |
| Tangible fixed assets | 22/27 | €23,023 | €32,368 | +€9,346 | +40.6% |
| Land and buildings | 22 | €13,599 | €26,388 | +€12,790 | +94.1% |
| Plant, machinery and equipment | 23 | €1,484 | €687 | -€797 | -53.7% |
| Furniture and vehicles | 24 | €7,940 | €5,293 | -€2,647 | -33.3% |
| Current assets | 29/58 | €255,667 | €254,546 | -€1,121 | -0.4% |
| Amounts receivable within one year | 40/41 | €26,697 | €26,299 | -€398 | -1.5% |
| Trade receivables | 40 | €26,697 | €26,299 | -€398 | -1.5% |
| Current investments | 50/53 | €104,956 | €87,533 | -€17,423 | -16.6% |
| Cash at bank and in hand | 54/58 | €124,014 | €140,714 | +€16,700 | +13.5% |
| Total equity and liabilities | 10/49 | €278,690 | €286,914 | +€8,225 | +3.0% |
| Equity | 10/15 | €238,630 | €248,184 | +€9,555 | +4.0% |
| Reserves | 13 | €238,630 | €248,184 | +€9,555 | +4.0% |
| Distributable reserves | 133 | €238,630 | €248,184 | +€9,555 | +4.0% |
| Amounts payable | 17/49 | €40,060 | €38,730 | -€1,330 | -3.3% |
| Amounts payable within one year | 42/48 | €40,060 | €38,730 | -€1,330 | -3.3% |
| Trade debts | 44 | €504 | €763 | +€259 | +51.3% |
| Suppliers | 440/4 | €504 | €763 | +€259 | +51.3% |
| Taxes, remuneration and social security | 45 | €38,842 | €37,531 | -€1,311 | -3.4% |
| Taxes | 450/3 | €38,842 | €37,531 | -€1,311 | -3.4% |
| Other amounts payable | 47/48 | €714 | €436 | -€277 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,607 | €6,419 | +€812 | +14.5% |
| Other operating charges | 640/8 | €662 | €699 | +€37 | +5.6% |
| Gross operating margin | 9900 | €37,328 | €38,116 | +€788 | +2.1% |
| Operating profit (loss) | 9901 | €31,059 | €30,998 | -€61 | -0.2% |
| Financial income | 75/76B | €41,354 | €706 | -€40,648 | -98.3% |
| Recurring financial income | 75 | €41,354 | €706 | -€40,648 | -98.3% |
| Financial charges | 65/66B | €64 | €17,486 | +€17,421 | +27072.8% |
| Recurring financial charges | 65 | €64 | €17,486 | +€17,421 | +27072.8% |
| Profit (loss) for the period before taxes | 9903 | €72,349 | €14,219 | -€58,131 | -80.3% |
| Income taxes | 67/77 | €25,004 | €4,664 | -€20,340 | -81.3% |
| Profit (loss) for the period | 9904 | €47,346 | €9,555 | -€37,791 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,346 | €9,555 | -€37,791 | -79.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.