KOMPAN: what changed
Two financial 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.
KOMPAN
Largest movements
- Receivables within one year -€390,369
down €390,369 (-35.1%), from €1.1m to €721,292
of which Trade receivables: -€438,750
- Stocks and contracts -€116,870
down €116,870 (-58.7%), from €199,047 to €82,177
- Cash -€21,001
down €21,001 (-8.2%), from €255,487 to €234,486
mainly Other debts (-€289,143) and Tax, wage and social debts (-€114,051)
- Other debts -€289,143
down €289,143 (-37.8%), from €764,830 to €475,687
- Tax, wage and social debts -€114,051
down €114,051 (-48.8%), from €233,914 to €119,863
of which Taxes: -€57,169
- Trade debts -€76,117
down €76,117 (-33.0%), from €230,985 to €154,868
- Profit (loss) carried forward -€51,590
down €51,590 (-81.6%), from €63,229 to €11,640
- Accrued charges and deferred income -€21,813
down €21,813 (-37.2%), from €58,666 to €36,853
- Gross operating margin -€269,422
down €269,422 (-27.2%), from €989,088 to €719,666
- Staff costs -€56,592
down €56,592 (-8.6%), from €660,109 to €603,516
- Taxes -€53,353
down €53,353 (-71.2%), from €74,972 to €21,619
- Financial charges -€34,922
down €34,922 (-60.4%), from €57,786 to €22,863
- Write-downs +€12,642
up €12,642, from -€2,125 to €10,517
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.
Derived cash bridge
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 | €1,604,867 | €1,063,708 | -€541,159 | -33.7% |
| Fixed assets | 21/28 | €20,550 | €12,820 | -€7,730 | -37.6% |
| Tangible fixed assets | 22/27 | €17,800 | €10,070 | -€7,730 | -43.4% |
| Furniture and vehicles | 24 | €17,800 | €10,070 | -€7,730 | -43.4% |
| Financial fixed assets | 28 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €1,584,316 | €1,050,887 | -€533,429 | -33.7% |
| Stocks and contracts in progress | 3 | €199,047 | €82,177 | -€116,870 | -58.7% |
| Stocks | 30/36 | €199,047 | €82,177 | -€116,870 | -58.7% |
| Amounts receivable within one year | 40/41 | €1,111,662 | €721,292 | -€390,369 | -35.1% |
| Trade receivables | 40 | €1,073,312 | €634,561 | -€438,750 | -40.9% |
| Other amounts receivable | 41 | €38,350 | €86,731 | +€48,381 | +126% |
| Cash at bank and in hand | 54/58 | €255,487 | €234,486 | -€21,001 | -8.2% |
| Deferred charges and accrued income | 490/1 | €18,121 | €12,932 | -€5,189 | -28.6% |
| Total equity and liabilities | 10/49 | €1,604,867 | €1,063,708 | -€541,159 | -33.7% |
| Equity | 10/15 | €266,729 | €215,140 | -€51,590 | -19.3% |
| Contributions | 10/11 | €185,000 | €185,000 | = | 0.0% |
| Capital | 10 | €185,000 | €185,000 | = | 0.0% |
| Issued capital | 100 | €185,000 | €185,000 | = | 0.0% |
| Reserves | 13 | €18,500 | €18,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,500 | €18,500 | = | 0.0% |
| Legal reserve | 130 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,229 | €11,640 | -€51,590 | -81.6% |
| Amounts payable | 17/49 | €1,338,137 | €848,568 | -€489,569 | -36.6% |
| Amounts payable within one year | 42/48 | €1,279,471 | €811,715 | -€467,756 | -36.6% |
| Trade debts | 44 | €230,985 | €154,868 | -€76,117 | -33.0% |
| Suppliers | 440/4 | €230,985 | €154,868 | -€76,117 | -33.0% |
| Advances received on contracts in progress | 46 | €49,743 | €61,297 | +€11,555 | +23.2% |
| Taxes, remuneration and social security | 45 | €233,914 | €119,863 | -€114,051 | -48.8% |
| Taxes | 450/3 | €114,072 | €56,904 | -€57,169 | -50.1% |
| Remuneration and social security | 454/9 | €119,841 | €62,960 | -€56,882 | -47.5% |
| Other amounts payable | 47/48 | €764,830 | €475,687 | -€289,143 | -37.8% |
| Accrued charges and deferred income | 492/3 | €58,666 | €36,853 | -€21,813 | -37.2% |
| Non-recurring operating income | 76A | €14,910 | €9,558 | -€5,352 | -35.9% |
| Remuneration, social security and pensions | 62 | €660,109 | €603,516 | -€56,592 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,730 | €7,730 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,125 | €10,517 | +€12,642 | |
| Other operating charges | 640/8 | €1,863 | €4,315 | +€2,452 | +132% |
| Gross operating margin | 9900 | €989,088 | €719,666 | -€269,422 | -27.2% |
| Operating profit (loss) | 9901 | €321,512 | €93,587 | -€227,924 | -70.9% |
| Financial income | 75/76B | €13,353 | €9,305 | -€4,048 | -30.3% |
| Recurring financial income | 75 | €13,353 | €9,305 | -€4,048 | -30.3% |
| Financial charges | 65/66B | €57,786 | €22,863 | -€34,922 | -60.4% |
| Recurring financial charges | 65 | €57,786 | €22,863 | -€34,922 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €277,079 | €80,029 | -€197,050 | -71.1% |
| Income taxes | 67/77 | €74,972 | €21,619 | -€53,353 | -71.2% |
| Profit (loss) for the period | 9904 | €202,107 | €58,410 | -€143,697 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €202,107 | €58,410 | -€143,697 | -71.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.