DE COMPAGNIE: 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.
DE COMPAGNIE
Largest movements
- Receivables within one year +€113,798
up €113,798 (+29.8%), from €381,277 to €495,075
of which Trade receivables: +€108,261
- Stocks and contracts -€111,748
down €111,748 (-17.8%), from €629,497 to €517,749
- Tangible fixed assets -€60,937
down €60,937 (-8.1%), from €753,648 to €692,711
- Cash +€31,601
up €31,601 (+218.2%), from €14,486 to €46,087
mainly Stocks and contracts (+€111,748) and Tax, wage and social debts (+€81,911)
- Debts after one year -€97,192
down €97,192 (-29.8%), from €325,857 to €228,666
- Tax, wage and social debts +€81,911
up €81,911 (+59.5%), from €137,550 to €219,461
of which Taxes: +€79,542
- Advances received -€46,833
down €46,833 (-12.6%), from €372,769 to €325,936
- Profit (loss) carried forward +€44,992
up €44,992 (+26.9%), from -€167,272 to -€122,280
- Gross operating margin +€228,861
up €228,861 (+36.5%), from €627,200 to €856,061
- Staff costs +€19,998
up €19,998 (+3.0%), from €671,199 to €691,197
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 | €1,798,994 | €1,775,599 | -€23,394 | -1.3% |
| Fixed assets | 21/28 | €754,650 | €693,143 | -€61,507 | -8.2% |
| Intangible fixed assets | 21 | €1,003 | €433 | -€570 | -56.9% |
| Tangible fixed assets | 22/27 | €753,648 | €692,711 | -€60,937 | -8.1% |
| Land and buildings | 22 | €641,087 | €613,021 | -€28,065 | -4.4% |
| Plant, machinery and equipment | 23 | €42,695 | €32,308 | -€10,387 | -24.3% |
| Furniture and vehicles | 24 | €54,490 | €47,382 | -€7,108 | -13.0% |
| Leasing and similar rights | 25 | €15,377 | - | -€15,377 | |
| Current assets | 29/58 | €1,044,343 | €1,082,456 | +€38,113 | +3.6% |
| Stocks and contracts in progress | 3 | €629,497 | €517,749 | -€111,748 | -17.8% |
| Stocks | 30/36 | €629,497 | €517,749 | -€111,748 | -17.8% |
| Amounts receivable within one year | 40/41 | €381,277 | €495,075 | +€113,798 | +29.8% |
| Trade receivables | 40 | €373,994 | €482,256 | +€108,261 | +28.9% |
| Other amounts receivable | 41 | €7,283 | €12,820 | +€5,537 | +76.0% |
| Cash at bank and in hand | 54/58 | €14,486 | €46,087 | +€31,601 | +218.2% |
| Deferred charges and accrued income | 490/1 | €19,084 | €23,545 | +€4,461 | +23.4% |
| Total equity and liabilities | 10/49 | €1,798,994 | €1,775,599 | -€23,394 | -1.3% |
| Equity | 10/15 | -€37,935 | €7,057 | +€44,992 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €45,858 | €43,971 | -€1,887 | -4.1% |
| Reserves | 13 | €64,887 | €66,774 | +€1,887 | +2.9% |
| Distributable reserves | 133 | €64,887 | €66,774 | +€1,887 | +2.9% |
| Profit (loss) carried forward | 14 | -€167,272 | -€122,280 | +€44,992 | +26.9% |
| Amounts payable | 17/49 | €1,836,929 | €1,768,543 | -€68,386 | -3.7% |
| Amounts payable after more than one year | 17 | €325,857 | €228,666 | -€97,192 | -29.8% |
| Financial debts | 170/4 | €325,857 | €228,666 | -€97,192 | -29.8% |
| Amounts payable within one year | 42/48 | €1,508,059 | €1,532,840 | +€24,781 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €98,948 | €97,192 | -€1,757 | -1.8% |
| Financial debts | 43 | €550,000 | €550,000 | = | 0.0% |
| Credit institutions | 430/8 | €550,000 | €550,000 | = | 0.0% |
| Trade debts | 44 | €348,791 | €340,251 | -€8,540 | -2.4% |
| Suppliers | 440/4 | €348,791 | €340,251 | -€8,540 | -2.4% |
| Advances received on contracts in progress | 46 | €372,769 | €325,936 | -€46,833 | -12.6% |
| Taxes, remuneration and social security | 45 | €137,550 | €219,461 | +€81,911 | +59.5% |
| Taxes | 450/3 | €65,991 | €145,533 | +€79,542 | +120.5% |
| Remuneration and social security | 454/9 | €71,559 | €73,928 | +€2,369 | +3.3% |
| Accrued charges and deferred income | 492/3 | €3,013 | €7,037 | +€4,024 | +133.6% |
| Non-recurring operating income | 76A | €53,353 | - | -€53,353 | |
| Remuneration, social security and pensions | 62 | €671,199 | €691,197 | +€19,998 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,416 | €63,447 | +€1,031 | +1.7% |
| Other operating charges | 640/8 | €11,431 | €12,104 | +€673 | +5.9% |
| Gross operating margin | 9900 | €627,200 | €856,061 | +€228,861 | +36.5% |
| Operating profit (loss) | 9901 | -€117,846 | €89,314 | +€207,159 | |
| Financial income | 75/76B | €982 | €2,716 | +€1,733 | +176.5% |
| Recurring financial income | 75 | €982 | €2,716 | +€1,733 | +176.5% |
| Financial charges | 65/66B | €50,077 | €46,561 | -€3,517 | -7.0% |
| Recurring financial charges | 65 | €50,077 | €46,561 | -€3,517 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€166,941 | €45,468 | +€212,409 | |
| Income taxes | 67/77 | €887 | €476 | -€411 | -46.3% |
| Profit (loss) for the period | 9904 | -€167,828 | €44,992 | +€212,820 | |
| Profit (loss) for the period to be appropriated | 9905 | -€167,828 | €44,992 | +€212,820 |
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 8 October 2026 via checked.be.