Kompas: 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.
Kompas
Largest movements
- Tangible fixed assets -€11,034
down €11,034 (-24.2%), from €45,646 to €34,612
of which Furniture and vehicles: -€11,342
- Receivables within one year +€8,673
up €8,673 (+180.8%), from €4,797 to €13,471
of which Trade receivables: +€6,716
- Cash +€3,656
up €3,656 (+68.7%), from €5,322 to €8,978
mainly Depreciation (+€12,319) and Net result for the year (+€10,287)
- Deferred charges and accrued income +€744
up €744, from €0 to €744
- Profit (loss) carried forward +€10,287
up €10,287 (+37.4%), from -€27,502 to -€17,215
- Debts after one year -€8,020
down €8,020 (-40.1%), from €20,004 to €11,984
- Advances received +€7,834
new in 2025: €7,834
- Tax, wage and social debts -€3,782
down €3,782 (-41.0%), from €9,234 to €5,452
of which Remuneration and social security: -€2,300
- Trade debts -€2,690
down €2,690 (-95.7%), from €2,811 to €121
- Gross operating margin +€9,021
up €9,021 (+49.6%), from €18,179 to €27,199
- Depreciation +€3,161
up €3,161 (+34.5%), from €9,158 to €12,319
- Write-downs -€1,020
down €1,020 (-100.0%), from €1,020 to €0
- Financial charges +€980
up €980 (+39.6%), from €2,474 to €3,454
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 | €55,765 | €57,805 | +€2,040 | +3.7% |
| Fixed assets | 21/28 | €45,646 | €34,612 | -€11,034 | -24.2% |
| Tangible fixed assets | 22/27 | €45,646 | €34,612 | -€11,034 | -24.2% |
| Plant, machinery and equipment | 23 | €1,574 | €1,882 | +€308 | +19.6% |
| Furniture and vehicles | 24 | €44,072 | €32,730 | -€11,342 | -25.7% |
| Current assets | 29/58 | €10,119 | €23,193 | +€13,074 | +129.2% |
| Amounts receivable within one year | 40/41 | €4,797 | €13,471 | +€8,673 | +180.8% |
| Trade receivables | 40 | €4,797 | €11,513 | +€6,716 | +140.0% |
| Other amounts receivable | 41 | €0 | €1,958 | +€1,958 | |
| Cash at bank and in hand | 54/58 | €5,322 | €8,978 | +€3,656 | +68.7% |
| Deferred charges and accrued income | 490/1 | €0 | €744 | +€744 | |
| Total equity and liabilities | 10/49 | €55,765 | €57,805 | +€2,040 | +3.7% |
| Equity | 10/15 | -€8,902 | €1,385 | +€10,287 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,502 | -€17,215 | +€10,287 | +37.4% |
| Amounts payable | 17/49 | €64,668 | €56,420 | -€8,247 | -12.8% |
| Amounts payable after more than one year | 17 | €20,004 | €11,984 | -€8,020 | -40.1% |
| Financial debts | 170/4 | €20,004 | €11,984 | -€8,020 | -40.1% |
| Amounts payable within one year | 42/48 | €44,664 | €44,436 | -€228 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €7,674 | €8,020 | +€346 | +4.5% |
| Trade debts | 44 | €2,811 | €121 | -€2,690 | -95.7% |
| Suppliers | 440/4 | €2,811 | €121 | -€2,690 | -95.7% |
| Advances received on contracts in progress | 46 | - | €7,834 | +€7,834 | |
| Taxes, remuneration and social security | 45 | €9,234 | €5,452 | -€3,782 | -41.0% |
| Taxes | 450/3 | €6,934 | €5,452 | -€1,482 | -21.4% |
| Remuneration and social security | 454/9 | €2,300 | €0 | -€2,300 | -100.0% |
| Other amounts payable | 47/48 | €24,946 | €23,009 | -€1,936 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,158 | €12,319 | +€3,161 | +34.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,020 | €0 | -€1,020 | -100.0% |
| Other operating charges | 640/8 | €1,251 | €1,062 | -€189 | -15.1% |
| Gross operating margin | 9900 | €18,179 | €27,199 | +€9,021 | +49.6% |
| Operating profit (loss) | 9901 | €6,750 | €13,819 | +€7,069 | +104.7% |
| Financial income | 75/76B | €163 | €55 | -€109 | -66.5% |
| Recurring financial income | 75 | €163 | €55 | -€109 | -66.5% |
| Financial charges | 65/66B | €2,474 | €3,454 | +€980 | +39.6% |
| Recurring financial charges | 65 | €2,474 | €3,454 | +€980 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €4,439 | €10,419 | +€5,981 | +134.7% |
| Income taxes | 67/77 | €148 | €132 | -€16 | -10.9% |
| Profit (loss) for the period | 9904 | €4,291 | €10,287 | +€5,997 | +139.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,291 | €10,287 | +€5,997 | +139.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.