KOMPAKT: what changed
What changed
KOMPAKT
NACE 46.832, Wholesale of timber
filed annual accounts (NBB)
Net result for the year
€50,577
2024 · €14,881+€35,695
Equity
€443,721
2024 · €393,145+€50,577
Cash
€38,173
2024 · €32,751+€5,422
Balance sheet total
€748,284
2024 · €696,540+€51,744
Largest movements
Assets
- Receivables within one year +€81,029
up €81,029 (+57.3%), from €141,323 to €222,351
of which Trade receivables: +€83,473
- Stocks and contracts -€28,264
down €28,264 (-10.0%), from €282,621 to €254,356
of which Contracts in progress: -€14,507
Equity and liabilities
- Profit (loss) carried forward +€50,577
up €50,577 (+22.7%), from €222,685 to €273,261
Income statement
- Gross operating margin +€76,755
up €76,755 (+14.6%), from €526,091 to €602,846
- Staff costs +€65,153
up €65,153 (+15.1%), from €431,575 to €496,727
- Write-downs -€10,690
no longer reported in 2025 (was €10,690)
- Financial charges -€9,495
down €9,495 (-36.2%), from €26,225 to €16,730
of which Non-recurring financial charges: -€5,456
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€14,881
Gross operating margin
+€76,755
Staff costs
-€65,153
Depreciation
-€181
Write-downs
+€10,690
Other operating charges
+€971
Financial income
+€2,672
Financial charges
+€9,495
Taxes
+€445
Result 2025
€50,577
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€41,609
Investment
-€30,132
Financing
-€6,056
Cash 2024
€32,751
From operations (derived)
+€41,609
Net result for the year
+€50,577
Depreciation
+€36,076
Stocks and contracts
+€28,264
Receivables within one year
-€81,029
Deferred charges and accrued income
+€498
Trade debts
+€2,178
Tax, wage and social debts
+€5,045
Investment (derived)
-€30,132
Investment in fixed assets (net)
-€30,132
Financing
-€6,056
Current portion of long-term debt
-€6,056
Cash 2025
€38,173
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,540 | €748,284 | +€51,744 | +7.4% |
| Fixed assets | 21/28 | €231,284 | €225,339 | -€5,945 | -2.6% |
| Intangible fixed assets | 21 | €2,397 | €1,122 | -€1,275 | -53.2% |
| Tangible fixed assets | 22/27 | €226,356 | €221,687 | -€4,669 | -2.1% |
| Plant, machinery and equipment | 23 | €205,789 | €193,582 | -€12,207 | -5.9% |
| Furniture and vehicles | 24 | €7,776 | €12,503 | +€4,727 | +60.8% |
| Other tangible fixed assets | 26 | €12,791 | €15,601 | +€2,810 | +22.0% |
| Financial fixed assets | 28 | €2,531 | €2,531 | = | 0.0% |
| Current assets | 29/58 | €465,256 | €522,945 | +€57,689 | +12.4% |
| Stocks and contracts in progress | 3 | €282,621 | €254,356 | -€28,264 | -10.0% |
| Stocks | 30/36 | €267,370 | €253,613 | -€13,757 | -5.1% |
| Contracts in progress | 37 | €15,251 | €743 | -€14,507 | -95.1% |
| Amounts receivable within one year | 40/41 | €141,323 | €222,351 | +€81,029 | +57.3% |
| Trade receivables | 40 | €132,415 | €215,888 | +€83,473 | +63.0% |
| Other amounts receivable | 41 | €8,907 | €6,463 | -€2,444 | -27.4% |
| Cash at bank and in hand | 54/58 | €32,751 | €38,173 | +€5,422 | +16.6% |
| Deferred charges and accrued income | 490/1 | €8,563 | €8,065 | -€498 | -5.8% |
| Total equity and liabilities | 10/49 | €696,540 | €748,284 | +€51,744 | +7.4% |
| Equity | 10/15 | €393,145 | €443,721 | +€50,577 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €222,685 | €273,261 | +€50,577 | +22.7% |
| Amounts payable | 17/49 | €303,396 | €304,563 | +€1,167 | +0.4% |
| Amounts payable within one year | 42/48 | €303,396 | €304,563 | +€1,167 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €6,056 | - | -€6,056 | |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €629 | €2,807 | +€2,178 | +346% |
| Suppliers | 440/4 | €629 | €2,807 | +€2,178 | +346% |
| Taxes, remuneration and social security | 45 | €46,711 | €51,756 | +€5,045 | +10.8% |
| Taxes | 450/3 | €6,946 | €10,690 | +€3,744 | +53.9% |
| Remuneration and social security | 454/9 | €39,765 | €41,066 | +€1,301 | +3.3% |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Remuneration, social security and pensions | 62 | €431,575 | €496,727 | +€65,153 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,895 | €36,076 | +€181 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,690 | - | -€10,690 | |
| Other operating charges | 640/8 | €12,330 | €11,358 | -€971 | -7.9% |
| Gross operating margin | 9900 | €526,091 | €602,846 | +€76,755 | +14.6% |
| Operating profit (loss) | 9901 | €35,602 | €58,685 | +€23,083 | +64.8% |
| Financial income | 75/76B | €6,385 | €9,057 | +€2,672 | +41.9% |
| Recurring financial income | 75 | €6,385 | €9,057 | +€2,672 | +41.9% |
| Financial charges | 65/66B | €26,225 | €16,730 | -€9,495 | -36.2% |
| Recurring financial charges | 65 | €20,768 | €16,730 | -€4,038 | -19.4% |
| Non-recurring financial charges | 66B | €5,456 | - | -€5,456 | |
| Profit (loss) for the period before taxes | 9903 | €15,762 | €51,012 | +€35,250 | +224% |
| Income taxes | 67/77 | €880 | €435 | -€445 | -50.6% |
| Profit (loss) for the period | 9904 | €14,881 | €50,577 | +€35,695 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €14,881 | €50,577 | +€35,695 | +240% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.