Kompetency: 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.
Kompetency
Largest movements
- Cash -€34,451
down €34,451 (-49.2%), from €70,079 to €35,629
mainly Receivables within one year (-€30,122) and Net result for the year (-€3,596)
- Receivables within one year +€30,122
up €30,122 (+160.6%), from €18,751 to €48,873
of which Trade receivables: +€34,744
- Reserves -€3,596
down €3,596 (-4.4%), from €81,859 to €78,263
- Trade debts -€1,420
down €1,420 (-18.7%), from €7,611 to €6,191
- Gross operating margin +€5,949
up €5,949 (+74.6%), from -€7,975 to -€2,025
- Write-downs -€4,500
down €4,500 (-100.0%), from €4,500 to €0
- Depreciation -€236
down €236 (-21.8%), from €1,084 to €848
- Other operating charges -€212
down €212 (-31.3%), from €678 to €465
- Financial charges +€130
up €130 (+101.3%), from €128 to €258
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 | €91,490 | €86,603 | -€4,887 | -5.3% |
| Fixed assets | 21/28 | €1,606 | €759 | -€848 | -52.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,606 | €759 | -€848 | -52.8% |
| Furniture and vehicles | 24 | €1,606 | €759 | -€848 | -52.8% |
| Current assets | 29/58 | €89,884 | €85,845 | -€4,039 | -4.5% |
| Amounts receivable within one year | 40/41 | €18,751 | €48,873 | +€30,122 | +160.6% |
| Trade receivables | 40 | €12,666 | €47,410 | +€34,744 | +274.3% |
| Other amounts receivable | 41 | €6,084 | €1,463 | -€4,621 | -76.0% |
| Cash at bank and in hand | 54/58 | €70,079 | €35,629 | -€34,451 | -49.2% |
| Deferred charges and accrued income | 490/1 | €1,054 | €1,343 | +€289 | +27.4% |
| Total equity and liabilities | 10/49 | €91,490 | €86,603 | -€4,887 | -5.3% |
| Equity | 10/15 | €82,059 | €78,463 | -€3,596 | -4.4% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €81,859 | €78,263 | -€3,596 | -4.4% |
| Distributable reserves | 133 | €81,859 | €78,263 | -€3,596 | -4.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €9,431 | €8,140 | -€1,291 | -13.7% |
| Amounts payable within one year | 42/48 | €9,431 | €8,011 | -€1,420 | -15.1% |
| Trade debts | 44 | €7,611 | €6,191 | -€1,420 | -18.7% |
| Suppliers | 440/4 | €7,611 | €6,191 | -€1,420 | -18.7% |
| Other amounts payable | 47/48 | €1,820 | €1,820 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €129 | +€129 | |
| Non-recurring operating income | 76A | - | €746 | +€746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084 | €848 | -€236 | -21.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,500 | €0 | -€4,500 | -100.0% |
| Other operating charges | 640/8 | €678 | €465 | -€212 | -31.3% |
| Gross operating margin | 9900 | -€7,975 | -€2,025 | +€5,949 | +74.6% |
| Operating profit (loss) | 9901 | -€14,236 | -€3,338 | +€10,898 | +76.6% |
| Financial charges | 65/66B | €128 | €258 | +€130 | +101.3% |
| Recurring financial charges | 65 | €128 | €258 | +€130 | +101.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,364 | -€3,596 | +€10,768 | +75.0% |
| Income taxes | 67/77 | €80 | €0 | -€80 | -100.0% |
| Profit (loss) for the period | 9904 | -€14,445 | -€3,596 | +€10,849 | +75.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,445 | -€3,596 | +€10,849 | +75.1% |
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 2 October 2026 via checked.be.