KOMPAS: 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.
KOMPAS
Largest movements
- Receivables within one year +€31,128
up €31,128 (+320.6%), from €9,709 to €40,837
of which Trade receivables: +€34,478
- Cash -€28,430
down €28,430 (-17.8%), from €159,303 to €130,873
mainly Receivables within one year (-€31,128) and Trade debts (-€6,204)
- Stocks and contracts -€5,233
down €5,233 (-34.2%), from €15,312 to €10,079
- Trade debts -€6,204
down €6,204 (-97.3%), from €6,375 to €170
- Profit (loss) carried forward +€2,697
up €2,697 (+16.5%), from -€16,306 to -€13,609
- Gross operating margin -€7,729
down €7,729 (-65.7%), from €11,756 to €4,027
- Other operating charges -€2,439
down €2,439 (-63.3%), from €3,853 to €1,413
- Depreciation -€1,523
down €1,523 (-79.4%), from €1,919 to €396
- Financial income -€526
down €526 (-43.1%), from €1,221 to €694
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 | €225,661 | €223,305 | -€2,356 | -1.0% |
| Fixed assets | 21/28 | €38,679 | €38,284 | -€396 | -1.0% |
| Tangible fixed assets | 22/27 | €38,555 | €38,160 | -€396 | -1.0% |
| Land and buildings | 22 | €38,555 | €38,160 | -€396 | -1.0% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €186,981 | €185,021 | -€1,960 | -1.0% |
| Stocks and contracts in progress | 3 | €15,312 | €10,079 | -€5,233 | -34.2% |
| Stocks | 30/36 | €15,312 | €10,079 | -€5,233 | -34.2% |
| Amounts receivable within one year | 40/41 | €9,709 | €40,837 | +€31,128 | +320.6% |
| Trade receivables | 40 | €6,031 | €40,508 | +€34,478 | +571.7% |
| Other amounts receivable | 41 | €3,678 | €328 | -€3,350 | -91.1% |
| Cash at bank and in hand | 54/58 | €159,303 | €130,873 | -€28,430 | -17.8% |
| Deferred charges and accrued income | 490/1 | €2,657 | €3,233 | +€575 | +21.6% |
| Total equity and liabilities | 10/49 | €225,661 | €223,305 | -€2,356 | -1.0% |
| Equity | 10/15 | €211,766 | €214,462 | +€2,697 | +1.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €208,071 | €208,071 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €189,321 | €189,321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,306 | -€13,609 | +€2,697 | +16.5% |
| Amounts payable | 17/49 | €13,895 | €8,843 | -€5,052 | -36.4% |
| Amounts payable within one year | 42/48 | €13,508 | €8,443 | -€5,065 | -37.5% |
| Trade debts | 44 | €6,375 | €170 | -€6,204 | -97.3% |
| Suppliers | 440/4 | €6,375 | €170 | -€6,204 | -97.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,020 | €8,273 | +€1,252 | +17.8% |
| Taxes | 450/3 | €5,920 | €7,173 | +€1,252 | +21.2% |
| Remuneration and social security | 454/9 | €1,100 | €1,100 | = | 0.0% |
| Other amounts payable | 47/48 | €113 | €0 | -€113 | -100.0% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,919 | €396 | -€1,523 | -79.4% |
| Other operating charges | 640/8 | €3,853 | €1,413 | -€2,439 | -63.3% |
| Gross operating margin | 9900 | €11,756 | €4,027 | -€7,729 | -65.7% |
| Operating profit (loss) | 9901 | €5,985 | €2,218 | -€3,767 | -62.9% |
| Financial income | 75/76B | €1,221 | €694 | -€526 | -43.1% |
| Recurring financial income | 75 | €1,221 | €694 | -€526 | -43.1% |
| Financial charges | 65/66B | €80 | €84 | +€5 | +5.8% |
| Recurring financial charges | 65 | €80 | €84 | +€5 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €7,126 | €2,828 | -€4,298 | -60.3% |
| Income taxes | 67/77 | €127 | €131 | +€4 | +3.2% |
| Profit (loss) for the period | 9904 | €6,999 | €2,697 | -€4,302 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,999 | €2,697 | -€4,302 | -61.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.