KOMPANO: 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.
KOMPANO
Largest movements
- Cash +€39,798
up €39,798 (+756%), from €5,267 to €45,065
mainly Net result for the year (+€139,677) and Depreciation (+€93,985)
- Tangible fixed assets -€31,261
down €31,261 (-1.4%), from €2.2m to €2.1m
of which Land and buildings: -€25,168
- Debts after one year -€133,115
down €133,115 (-7.6%), from €1.7m to €1.6m
- Reserves +€69,677
up €69,677 (+18.4%), from €378,442 to €448,119
of which Distributable reserves: +€71,657
- Other debts +€68,206
up €68,206 (+256%), from €26,685 to €94,891
- Tax, wage and social debts +€23,586
up €23,586 (+214%), from €11,013 to €34,599
- Gross operating margin +€175,358
up €175,358 (+94.6%), from €185,361 to €360,719
- Taxes +€56,690
up €56,690 (+757%), from €7,493 to €64,184
- Other operating charges +€3,777
up €3,777 (+56.2%), from €6,726 to €10,503
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 | €2,323,218 | €2,353,495 | +€30,277 | +1.3% |
| Fixed assets | 21/28 | €2,303,603 | €2,272,341 | -€31,261 | -1.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,163,785 | €2,132,524 | -€31,261 | -1.4% |
| Land and buildings | 22 | €2,133,206 | €2,108,039 | -€25,168 | -1.2% |
| Plant, machinery and equipment | 23 | €2,366 | €1,818 | -€548 | -23.2% |
| Furniture and vehicles | 24 | €28,213 | €22,668 | -€5,545 | -19.7% |
| Financial fixed assets | 28 | €139,817 | €139,817 | = | 0.0% |
| Current assets | 29/58 | €19,615 | €81,153 | +€61,538 | +314% |
| Amounts receivable within one year | 40/41 | €12,538 | €34,257 | +€21,719 | +173% |
| Trade receivables | 40 | €5,850 | €16,536 | +€10,686 | +183% |
| Other amounts receivable | 41 | €6,688 | €17,722 | +€11,034 | +165% |
| Cash at bank and in hand | 54/58 | €5,267 | €45,065 | +€39,798 | +756% |
| Deferred charges and accrued income | 490/1 | €1,810 | €1,831 | +€20 | +1.1% |
| Total equity and liabilities | 10/49 | €2,323,218 | €2,353,495 | +€30,277 | +1.3% |
| Equity | 10/15 | €398,442 | €468,119 | +€69,677 | +17.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €378,442 | €448,119 | +€69,677 | +18.4% |
| Tax-exempt reserves | 132 | €60,356 | €58,376 | -€1,979 | -3.3% |
| Distributable reserves | 133 | €318,086 | €389,743 | +€71,657 | +22.5% |
| Provisions and deferred taxes | 16 | €20,119 | €19,459 | -€660 | -3.3% |
| Deferred taxes | 168 | €20,119 | €19,459 | -€660 | -3.3% |
| Amounts payable | 17/49 | €1,904,658 | €1,865,917 | -€38,741 | -2.0% |
| Amounts payable after more than one year | 17 | €1,746,100 | €1,612,985 | -€133,115 | -7.6% |
| Financial debts | 170/4 | €1,746,100 | €1,612,985 | -€133,115 | -7.6% |
| Amounts payable within one year | 42/48 | €158,279 | €252,653 | +€94,374 | +59.6% |
| Current portion of amounts payable after more than one year | 42 | €116,040 | €117,331 | +€1,290 | +1.1% |
| Trade debts | 44 | €4,540 | €5,832 | +€1,292 | +28.4% |
| Suppliers | 440/4 | €4,540 | €5,832 | +€1,292 | +28.4% |
| Taxes, remuneration and social security | 45 | €11,013 | €34,599 | +€23,586 | +214% |
| Taxes | 450/3 | €11,013 | €34,599 | +€23,586 | +214% |
| Other amounts payable | 47/48 | €26,685 | €94,891 | +€68,206 | +256% |
| Accrued charges and deferred income | 492/3 | €279 | €279 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,424 | €93,985 | +€2,561 | +2.8% |
| Other operating charges | 640/8 | €6,726 | €10,503 | +€3,777 | +56.2% |
| Gross operating margin | 9900 | €185,361 | €360,719 | +€175,358 | +94.6% |
| Operating profit (loss) | 9901 | €87,211 | €256,231 | +€169,020 | +194% |
| Financial income | 75/76B | €1 | €23 | +€23 | +3,579% |
| Recurring financial income | 75 | €1 | €23 | +€23 | +3,579% |
| Financial charges | 65/66B | €56,566 | €53,053 | -€3,513 | -6.2% |
| Recurring financial charges | 65 | €56,566 | €53,053 | -€3,513 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €30,646 | €203,201 | +€172,555 | +563% |
| Transfer from deferred taxes | 780 | €660 | €660 | = | 0.0% |
| Income taxes | 67/77 | €7,493 | €64,184 | +€56,690 | +757% |
| Profit (loss) for the period | 9904 | €23,813 | €139,677 | +€115,865 | +487% |
| Transfer from tax-exempt reserves | 789 | €1,979 | €1,979 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,792 | €141,657 | +€115,865 | +449% |
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 17 October 2026 via checked.be.