COMPULEAU: 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.
COMPULEAU
Largest movements
- Cash +€114,976
up €114,976 (+111.8%), from €102,844 to €217,819
mainly Current investments (+€70,000) and Net result for the year (+€43,387)
- Current investments -€70,000
down €70,000 (-58.3%), from €120,000 to €50,000
- Receivables within one year -€12,511
down €12,511 (-43.3%), from €28,865 to €16,353
of which Trade receivables: -€12,306
- Tangible fixed assets +€6,783
up €6,783 (+30.7%), from €22,103 to €28,886
of which Furniture and vehicles: +€7,418
- Reserves +€41,721
up €41,721 (+18.6%), from €224,742 to €266,463
- Trade debts -€3,925
down €3,925 (-62.3%), from €6,296 to €2,371
- Gross operating margin +€7,806
up €7,806 (+13.8%), from €56,548 to €64,354
- Taxes +€3,117
up €3,117 (+22.6%), from €13,792 to €16,909
- Depreciation +€870
up €870 (+17.7%), from €4,903 to €5,772
- Financial charges -€801
down €801 (-32.4%), from €2,470 to €1,668
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 | €280,009 | €318,268 | +€38,259 | +13.7% |
| Fixed assets | 21/28 | €23,996 | €30,779 | +€6,783 | +28.3% |
| Tangible fixed assets | 22/27 | €22,103 | €28,886 | +€6,783 | +30.7% |
| Plant, machinery and equipment | 23 | €15,081 | €14,446 | -€635 | -4.2% |
| Furniture and vehicles | 24 | €7,023 | €14,441 | +€7,418 | +105.6% |
| Financial fixed assets | 28 | €1,892 | €1,892 | = | 0.0% |
| Current assets | 29/58 | €256,013 | €287,489 | +€31,476 | +12.3% |
| Amounts receivable within one year | 40/41 | €28,865 | €16,353 | -€12,511 | -43.3% |
| Trade receivables | 40 | €28,624 | €16,318 | -€12,306 | -43.0% |
| Other amounts receivable | 41 | €241 | €36 | -€205 | -85.2% |
| Current investments | 50/53 | €120,000 | €50,000 | -€70,000 | -58.3% |
| Cash at bank and in hand | 54/58 | €102,844 | €217,819 | +€114,976 | +111.8% |
| Deferred charges and accrued income | 490/1 | €4,304 | €3,316 | -€988 | -23.0% |
| Total equity and liabilities | 10/49 | €280,009 | €318,268 | +€38,259 | +13.7% |
| Equity | 10/15 | €243,342 | €285,063 | +€41,721 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,742 | €266,463 | +€41,721 | +18.6% |
| Distributable reserves | 133 | €224,742 | €266,463 | +€41,721 | +18.6% |
| Amounts payable | 17/49 | €36,667 | €33,205 | -€3,462 | -9.4% |
| Amounts payable after more than one year | 17 | €17,000 | €17,000 | = | 0.0% |
| Financial debts | 170/4 | €17,000 | €17,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,416 | €15,954 | -€3,462 | -17.8% |
| Trade debts | 44 | €6,296 | €2,371 | -€3,925 | -62.3% |
| Suppliers | 440/4 | €6,296 | €2,371 | -€3,925 | -62.3% |
| Taxes, remuneration and social security | 45 | €9,415 | €9,656 | +€241 | +2.6% |
| Taxes | 450/3 | €6,999 | €7,219 | +€220 | +3.1% |
| Remuneration and social security | 454/9 | €2,416 | €2,437 | +€21 | +0.9% |
| Other amounts payable | 47/48 | €3,705 | €3,927 | +€222 | +6.0% |
| Accrued charges and deferred income | 492/3 | €251 | €251 | +€0 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,903 | €5,772 | +€870 | +17.7% |
| Other operating charges | 640/8 | €1,042 | €1,023 | -€19 | -1.9% |
| Non-recurring operating charges | 66A | €2,748 | - | -€2,748 | |
| Gross operating margin | 9900 | €56,548 | €64,354 | +€7,806 | +13.8% |
| Operating profit (loss) | 9901 | €47,856 | €57,559 | +€9,704 | +20.3% |
| Financial income | 75/76B | €4,104 | €4,405 | +€301 | +7.3% |
| Recurring financial income | 75 | €4,104 | €4,405 | +€301 | +7.3% |
| Financial charges | 65/66B | €2,470 | €1,668 | -€801 | -32.4% |
| Recurring financial charges | 65 | €2,470 | €1,668 | -€801 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €49,490 | €60,296 | +€10,806 | +21.8% |
| Income taxes | 67/77 | €13,792 | €16,909 | +€3,117 | +22.6% |
| Profit (loss) for the period | 9904 | €35,698 | €43,387 | +€7,689 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,698 | €43,387 | +€7,689 | +21.5% |
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 28 September 2026 via checked.be.