Compucat: 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.
Compucat
Largest movements
- Receivables within one year +€78,741
up €78,741 (+101.4%), from €77,679 to €156,419
of which Trade receivables: +€79,486
- Intangible fixed assets -€48,341
down €48,341 (-44.6%), from €108,382 to €60,041
- Stocks and contracts +€28,270
up €28,270 (+26.4%), from €106,945 to €135,215
- Cash -€26,649
down €26,649 (-97.9%), from €27,232 to €583
mainly Receivables within one year (-€78,741) and Current portion of long-term debt (-€45,071)
- Tangible fixed assets -€20,600
down €20,600 (-5.0%), from €415,972 to €395,372
of which Land and buildings: -€11,776
- Short-term financial debts +€61,783
new in 2025: €61,783
- Current portion of long-term debt -€45,071
down €45,071 (-47.7%), from €94,562 to €49,492
- Trade debts +€32,783
up €32,783 (+99.6%), from €32,915 to €65,698
- Reserves -€31,378
down €31,378 (-12.3%), from €256,120 to €224,741
- Debts after one year -€18,174
down €18,174 (-6.5%), from €281,183 to €263,009
- Staff costs -€20,222
down €20,222 (-8.3%), from €243,501 to €223,278
- Gross operating margin -€13,416
down €13,416 (-4.5%), from €296,752 to €283,336
- Financial charges -€3,270
down €3,270 (-24.1%), from €13,570 to €10,300
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 | €754,163 | €770,793 | +€16,630 | +2.2% |
| Fixed assets | 21/28 | €524,496 | €455,555 | -€68,941 | -13.1% |
| Intangible fixed assets | 21 | €108,382 | €60,041 | -€48,341 | -44.6% |
| Tangible fixed assets | 22/27 | €415,972 | €395,372 | -€20,600 | -5.0% |
| Land and buildings | 22 | €377,781 | €366,005 | -€11,776 | -3.1% |
| Plant, machinery and equipment | 23 | €1,164 | €594 | -€570 | -49.0% |
| Furniture and vehicles | 24 | €37,027 | €28,773 | -€8,255 | -22.3% |
| Financial fixed assets | 28 | €142 | €142 | = | 0.0% |
| Current assets | 29/58 | €229,667 | €315,238 | +€85,571 | +37.3% |
| Stocks and contracts in progress | 3 | €106,945 | €135,215 | +€28,270 | +26.4% |
| Stocks | 30/36 | €106,945 | €135,215 | +€28,270 | +26.4% |
| Amounts receivable within one year | 40/41 | €77,679 | €156,419 | +€78,741 | +101.4% |
| Trade receivables | 40 | €75,802 | €155,288 | +€79,486 | +104.9% |
| Other amounts receivable | 41 | €1,877 | €1,131 | -€746 | -39.7% |
| Cash at bank and in hand | 54/58 | €27,232 | €583 | -€26,649 | -97.9% |
| Deferred charges and accrued income | 490/1 | €17,811 | €23,020 | +€5,209 | +29.2% |
| Total equity and liabilities | 10/49 | €754,163 | €770,793 | +€16,630 | +2.2% |
| Equity | 10/15 | €291,120 | €259,741 | -€31,378 | -10.8% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €256,120 | €224,741 | -€31,378 | -12.3% |
| Distributable reserves | 133 | €256,120 | €224,741 | -€31,378 | -12.3% |
| Amounts payable | 17/49 | €463,043 | €511,052 | +€48,008 | +10.4% |
| Amounts payable after more than one year | 17 | €281,183 | €263,009 | -€18,174 | -6.5% |
| Financial debts | 170/4 | €281,183 | €263,009 | -€18,174 | -6.5% |
| Amounts payable within one year | 42/48 | €178,705 | €244,105 | +€65,399 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €94,562 | €49,492 | -€45,071 | -47.7% |
| Financial debts | 43 | - | €61,783 | +€61,783 | |
| Credit institutions | 430/8 | - | €61,783 | +€61,783 | |
| Trade debts | 44 | €32,915 | €65,698 | +€32,783 | +99.6% |
| Suppliers | 440/4 | €32,915 | €65,698 | +€32,783 | +99.6% |
| Taxes, remuneration and social security | 45 | €39,465 | €55,549 | +€16,084 | +40.8% |
| Taxes | 450/3 | €11,262 | €28,558 | +€17,297 | +153.6% |
| Remuneration and social security | 454/9 | €28,203 | €26,991 | -€1,212 | -4.3% |
| Other amounts payable | 47/48 | €11,763 | €11,583 | -€181 | -1.5% |
| Accrued charges and deferred income | 492/3 | €3,155 | €3,938 | +€783 | +24.8% |
| Remuneration, social security and pensions | 62 | €243,501 | €223,278 | -€20,222 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,595 | €70,616 | +€20 | 0.0% |
| Other operating charges | 640/8 | €8,060 | €8,663 | +€603 | +7.5% |
| Gross operating margin | 9900 | €296,752 | €283,336 | -€13,416 | -4.5% |
| Operating profit (loss) | 9901 | -€25,404 | -€19,221 | +€6,184 | +24.3% |
| Financial income | 75/76B | €338 | €1 | -€337 | -99.7% |
| Recurring financial income | 75 | €338 | €1 | -€337 | -99.7% |
| Financial charges | 65/66B | €13,570 | €10,300 | -€3,270 | -24.1% |
| Recurring financial charges | 65 | €13,570 | €10,300 | -€3,270 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€38,636 | -€29,520 | +€9,116 | +23.6% |
| Income taxes | 67/77 | €195 | €192 | -€3 | -1.5% |
| Profit (loss) for the period | 9904 | -€38,831 | -€29,712 | +€9,119 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,831 | -€29,712 | +€9,119 | +23.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.