KOMPLEX: 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.
KOMPLEX
Largest movements
- Receivables within one year +€81,127
up €81,127 (+90.3%), from €89,822 to €170,949
of which Trade receivables: +€50,425
- Stocks and contracts -€36,313
down €36,313 (-100.0%), from €36,313 to €0
- Cash +€7,098
up €7,098 (+15.6%), from €45,495 to €52,593
mainly Trade debts (+€69,470) and Stocks and contracts (+€36,313)
- Tangible fixed assets +€3,506
up €3,506 (+38.5%), from €9,107 to €12,613
of which Furniture and vehicles: +€4,167
- Trade debts +€69,470
up €69,470 (+243.1%), from €28,571 to €98,041
- Tax, wage and social debts -€10,908
down €10,908 (-43.4%), from €25,144 to €14,236
of which Taxes: -€12,167
- Reserves -€5,642
down €5,642 (-4.3%), from €130,809 to €125,167
of which Distributable reserves: -€5,642
- Staff costs +€23,110
up €23,110 (+18531.1%), from €125 to €23,235
- Gross operating margin -€20,235
down €20,235 (-46.1%), from €43,930 to €23,696
- Taxes -€10,737
down €10,737 (-91.2%), from €11,779 to €1,041
- Depreciation +€2,087
up €2,087 (+105.8%), from €1,972 to €4,059
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,724 | €243,709 | +€52,985 | +27.8% |
| Fixed assets | 21/28 | €18,701 | €19,770 | +€1,069 | +5.7% |
| Intangible fixed assets | 21 | €6,594 | €4,157 | -€2,437 | -37.0% |
| Tangible fixed assets | 22/27 | €9,107 | €12,613 | +€3,506 | +38.5% |
| Furniture and vehicles | 24 | €1,445 | €5,612 | +€4,167 | +288.4% |
| Other tangible fixed assets | 26 | €7,662 | €7,001 | -€661 | -8.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €172,023 | €223,939 | +€51,916 | +30.2% |
| Stocks and contracts in progress | 3 | €36,313 | €0 | -€36,313 | -100.0% |
| Contracts in progress | 37 | €36,313 | €0 | -€36,313 | -100.0% |
| Amounts receivable within one year | 40/41 | €89,822 | €170,949 | +€81,127 | +90.3% |
| Trade receivables | 40 | €60,611 | €111,036 | +€50,425 | +83.2% |
| Other amounts receivable | 41 | €29,210 | €59,913 | +€30,703 | +105.1% |
| Cash at bank and in hand | 54/58 | €45,495 | €52,593 | +€7,098 | +15.6% |
| Deferred charges and accrued income | 490/1 | €394 | €397 | +€3 | +0.8% |
| Total equity and liabilities | 10/49 | €190,724 | €243,709 | +€52,985 | +27.8% |
| Equity | 10/15 | €137,009 | €131,367 | -€5,642 | -4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €130,809 | €125,167 | -€5,642 | -4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €128,949 | €123,307 | -€5,642 | -4.4% |
| Amounts payable | 17/49 | €53,715 | €112,342 | +€58,627 | +109.1% |
| Amounts payable within one year | 42/48 | €53,715 | €112,342 | +€58,627 | +109.1% |
| Trade debts | 44 | €28,571 | €98,041 | +€69,470 | +243.1% |
| Suppliers | 440/4 | €28,571 | €98,041 | +€69,470 | +243.1% |
| Taxes, remuneration and social security | 45 | €25,144 | €14,236 | -€10,908 | -43.4% |
| Taxes | 450/3 | €25,144 | €12,977 | -€12,167 | -48.4% |
| Remuneration and social security | 454/9 | - | €1,260 | +€1,260 | |
| Other amounts payable | 47/48 | - | €65 | +€65 | |
| Remuneration, social security and pensions | 62 | €125 | €23,235 | +€23,110 | +18531.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,972 | €4,059 | +€2,087 | +105.8% |
| Other operating charges | 640/8 | €749 | €507 | -€243 | -32.4% |
| Gross operating margin | 9900 | €43,930 | €23,696 | -€20,235 | -46.1% |
| Operating profit (loss) | 9901 | €41,084 | -€4,105 | -€45,189 | |
| Financial income | 75/76B | €218 | €0 | -€218 | -100.0% |
| Recurring financial income | 75 | €218 | €0 | -€218 | -100.0% |
| Financial charges | 65/66B | €296 | €496 | +€200 | +67.6% |
| Recurring financial charges | 65 | €296 | €496 | +€200 | +67.6% |
| Profit (loss) for the period before taxes | 9903 | €41,007 | -€4,600 | -€45,607 | |
| Income taxes | 67/77 | €11,779 | €1,041 | -€10,737 | -91.2% |
| Profit (loss) for the period | 9904 | €29,228 | -€5,642 | -€34,870 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,228 | -€5,642 | -€34,870 |
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 11 October 2026 via checked.be.