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 -€68,319
down €68,319 (-36.2%), from €188,783 to €120,464
- Deferred charges and accrued income +€59,760
up €59,760 (+217.9%), from €27,430 to €87,190
- Cash +€38,122
up €38,122 (+43.8%), from €87,069 to €125,192
mainly Depreciation (+€73,392) and Net result for the year (+€16,679)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€171,585
down €171,585 (-7.3%), from €2.4m to €2.2m
- Staff costs -€149,454
down €149,454 (-6.7%), from €2.2m to €2.1m
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 | €3,028,924 | €3,046,119 | +€17,195 | +0.6% |
| Fixed assets | 21/28 | €188,783 | €120,464 | -€68,319 | -36.2% |
| Tangible fixed assets | 22/27 | €188,783 | €120,464 | -€68,319 | -36.2% |
| Furniture and vehicles | 24 | €188,783 | €120,464 | -€68,319 | -36.2% |
| Current assets | 29/58 | €2,840,141 | €2,925,655 | +€85,514 | +3.0% |
| Amounts receivable within one year | 40/41 | €2,725,641 | €2,713,273 | -€12,368 | -0.5% |
| Trade receivables | 40 | €2,695,861 | €2,706,737 | +€10,876 | +0.4% |
| Other amounts receivable | 41 | €29,781 | €6,536 | -€23,244 | -78.1% |
| Cash at bank and in hand | 54/58 | €87,069 | €125,192 | +€38,122 | +43.8% |
| Deferred charges and accrued income | 490/1 | €27,430 | €87,190 | +€59,760 | +217.9% |
| Total equity and liabilities | 10/49 | €3,028,924 | €3,046,119 | +€17,195 | +0.6% |
| Equity | 10/15 | €2,800,102 | €2,816,781 | +€16,679 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,491 | €238,491 | = | 0.0% |
| Tax-exempt reserves | 132 | €236,631 | €236,631 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,543,011 | €2,559,691 | +€16,679 | +0.7% |
| Amounts payable | 17/49 | €228,822 | €229,337 | +€516 | +0.2% |
| Amounts payable within one year | 42/48 | €228,822 | €229,337 | +€516 | +0.2% |
| Trade debts | 44 | €218,431 | €224,471 | +€6,040 | +2.8% |
| Suppliers | 440/4 | €218,431 | €224,471 | +€6,040 | +2.8% |
| Taxes, remuneration and social security | 45 | €10,391 | €4,867 | -€5,524 | -53.2% |
| Taxes | 450/3 | €15 | €4,867 | +€4,852 | +33278.1% |
| Remuneration and social security | 454/9 | €10,376 | - | -€10,376 | |
| Remuneration, social security and pensions | 62 | €2,227,292 | €2,077,838 | -€149,454 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,500 | €73,392 | -€8,108 | -9.9% |
| Other operating charges | 640/8 | €7,232 | €7,342 | +€109 | +1.5% |
| Gross operating margin | 9900 | €2,351,916 | €2,180,331 | -€171,585 | -7.3% |
| Operating profit (loss) | 9901 | €35,891 | €21,759 | -€14,132 | -39.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €201 | €228 | +€27 | +13.3% |
| Recurring financial charges | 65 | €201 | €228 | +€27 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €35,690 | €21,531 | -€14,159 | -39.7% |
| Income taxes | 67/77 | €4,281 | €4,852 | +€571 | +13.3% |
| Profit (loss) for the period | 9904 | €31,409 | €16,679 | -€14,730 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,409 | €16,679 | -€14,730 | -46.9% |
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 30 September 2026 via checked.be.