e - Compass: 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.
What changed
e - Compass
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€320,116
2023 · -€343,284+€23,168
Equity
-€475,272
2023 · -€155,156-€320,116
Cash
€15,895
2023 · €0+€15,895
Balance sheet total
€3.4m
2023 · €3.3m+€98,396
Largest movements
Assets
- Financial fixed assets +€150,000
up €150,000 (+37.9%), from €396,115 to €546,115
- Receivables within one year -€79,449
down €79,449 (-13.8%), from €574,328 to €494,879
of which Other amounts receivable: -€81,351
Equity and liabilities
- Other debts +€1.8m
up €1.8m (+174.0%), from €1.0m to €2.9m
- Short-term financial debts -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Profit (loss) carried forward -€320,116
down €320,116 (-60.2%), from -€531,965 to -€852,081
- Current portion of long-term debt -€116,654
down €116,654 (-69.3%), from €168,335 to €51,682
- Debts after one year -€85,475
down €85,475 (-9.9%), from €866,239 to €780,764
Income statement
- Financial charges -€77,137
down €77,137 (-41.5%), from €185,974 to €108,837
of which Financial charges: -€71,098
- Gross operating margin -€59,654
down €59,654 (-55.4%), from €107,646 to €47,991
- Depreciation +€28,186
up €28,186 (+25.5%), from €110,514 to €138,699
- Financial income +€24,667
up €24,667 (+126.2%), from €19,543 to €44,209
of which Financial income: +€18,527
- Other operating charges -€14,626
down €14,626 (-53.2%), from €27,489 to €12,863
From the 2023 result to the 2024 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.
Result 2023
-€343,284
Gross operating margin
-€59,654
Staff costs
-€9,087
Depreciation
-€28,186
Provisions
-€1,127
Other operating charges
+€14,626
Financial income
+€24,667
Financial charges
+€77,137
Taxes
+€4,793
Result 2024
-€320,116
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.6m
Investment
-€292,434
Financing
-€1.3m
Cash 2023
€0
From operations (derived)
+€1.6m
Net result for the year
-€320,116
Depreciation
+€138,699
Stocks and contracts
+€764
Receivables within one year
+€79,449
Deferred charges and accrued income
-€8,979
Trade debts
-€53,159
Tax, wage and social debts
-€19,546
Other debts
+€1.8m
Accrued charges and deferred income
-€9,972
Investment (derived)
-€292,434
Investment in fixed assets (net)
-€292,434
Financing
-€1.3m
Debts after one year
-€85,475
Current portion of long-term debt
-€116,654
Short-term financial debts
-€1.1m
Cash 2024
€15,895
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,333,046 | €3,431,442 | +€98,396 | +3.0% |
| Fixed assets | 21/28 | €2,747,110 | €2,900,845 | +€153,735 | +5.6% |
| Intangible fixed assets | 21 | €6,175 | €3,930 | -€2,246 | -36.4% |
| Tangible fixed assets | 22/27 | €2,344,820 | €2,350,801 | +€5,980 | +0.3% |
| Land and buildings | 22 | €2,287,114 | €2,248,674 | -€38,440 | -1.7% |
| Plant, machinery and equipment | 23 | €18,772 | €21,276 | +€2,503 | +13.3% |
| Furniture and vehicles | 24 | €36,133 | €78,051 | +€41,917 | +116.0% |
| Other tangible fixed assets | 26 | €2,800 | €2,800 | = | 0.0% |
| Financial fixed assets | 28 | €396,115 | €546,115 | +€150,000 | +37.9% |
| Current assets | 29/58 | €585,935 | €530,597 | -€55,339 | -9.4% |
| Stocks and contracts in progress | 3 | €764 | €0 | -€764 | -100.0% |
| Stocks | 30/36 | €764 | €0 | -€764 | -100.0% |
| Amounts receivable within one year | 40/41 | €574,328 | €494,879 | -€79,449 | -13.8% |
| Trade receivables | 40 | €197,109 | €199,011 | +€1,902 | +1.0% |
| Other amounts receivable | 41 | €377,219 | €295,868 | -€81,351 | -21.6% |
| Cash at bank and in hand | 54/58 | €0 | €15,895 | +€15,895 | +6622904.2% |
| Deferred charges and accrued income | 490/1 | €10,843 | €19,822 | +€8,979 | +82.8% |
| Total equity and liabilities | 10/49 | €3,333,046 | €3,431,442 | +€98,396 | +3.0% |
| Equity | 10/15 | -€155,156 | -€475,272 | -€320,116 | -206.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €370,609 | €370,609 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €351,859 | €351,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€531,965 | -€852,081 | -€320,116 | -60.2% |
| Provisions and deferred taxes | 16 | €97,524 | €97,524 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €97,524 | €97,524 | = | 0.0% |
| Environmental obligations | 163 | - | €97,524 | +€97,524 | |
| Other liabilities and charges | 164/5 | €97,524 | - | -€97,524 | |
| Amounts payable | 17/49 | €3,390,678 | €3,809,190 | +€418,512 | +12.3% |
| Amounts payable after more than one year | 17 | €866,239 | €780,764 | -€85,475 | -9.9% |
| Financial debts | 170/4 | €866,239 | €780,764 | -€85,475 | -9.9% |
| Amounts payable within one year | 42/48 | €2,508,727 | €3,022,686 | +€513,959 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €168,335 | €51,682 | -€116,654 | -69.3% |
| Financial debts | 43 | €1,108,072 | €0 | -€1.1m | -100.0% |
| Credit institutions | 430/8 | €1,108,072 | €0 | -€1.1m | -100.0% |
| Trade debts | 44 | €132,819 | €79,660 | -€53,159 | -40.0% |
| Suppliers | 440/4 | €132,819 | €79,660 | -€53,159 | -40.0% |
| Taxes, remuneration and social security | 45 | €58,245 | €38,699 | -€19,546 | -33.6% |
| Taxes | 450/3 | €32,722 | €10,697 | -€22,025 | -67.3% |
| Remuneration and social security | 454/9 | €25,523 | €28,002 | +€2,479 | +9.7% |
| Other amounts payable | 47/48 | €1,041,256 | €2,852,645 | +€1.8m | +174.0% |
| Accrued charges and deferred income | 492/3 | €15,712 | €5,740 | -€9,972 | -63.5% |
| Non-recurring operating income | 76A | €12,571 | €0 | -€12,571 | -100.0% |
| Remuneration, social security and pensions | 62 | €142,184 | €151,271 | +€9,087 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,514 | €138,699 | +€28,186 | +25.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,127 | €0 | +€1,127 | |
| Other operating charges | 640/8 | €27,489 | €12,863 | -€14,626 | -53.2% |
| Gross operating margin | 9900 | €107,646 | €47,991 | -€59,654 | -55.4% |
| Operating profit (loss) | 9901 | -€171,414 | -€254,842 | -€83,429 | -48.7% |
| Financial income | 75/76B | €19,543 | €44,209 | +€24,667 | +126.2% |
| Recurring financial income | 75 | €25 | €18,552 | +€18,527 | +74584.6% |
| Non-recurring financial income | 76B | €19,518 | €25,657 | +€6,140 | +31.5% |
| Financial charges | 65/66B | €185,974 | €108,837 | -€77,137 | -41.5% |
| Recurring financial charges | 65 | €179,935 | €108,837 | -€71,098 | -39.5% |
| Non-recurring financial charges | 66B | €6,039 | €0 | -€6,039 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€337,845 | -€319,470 | +€18,375 | +5.4% |
| Income taxes | 67/77 | €5,438 | €645 | -€4,793 | -88.1% |
| Profit (loss) for the period | 9904 | -€343,284 | -€320,116 | +€23,168 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€343,284 | -€320,116 | +€23,168 | +6.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.