UW COMPAGNON: 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.
UW COMPAGNON
Largest movements
- Intangible fixed assets -€19,796
down €19,796 (-39.5%), from €50,118 to €30,323
- Receivables within one year +€12,818
up €12,818 (+38.3%), from €33,438 to €46,256
of which Trade receivables: +€18,480
- Tangible fixed assets -€7,485
down €7,485 (-37.3%), from €20,073 to €12,587
of which Furniture and vehicles: -€6,879
- Cash +€6,841
up €6,841 (+155%), from €4,408 to €11,250
mainly Depreciation (+€38,289) and Tax, wage and social debts (+€15,226)
- Deferred charges and accrued income +€1,614
up €1,614 (+19.4%), from €8,325 to €9,940
- Other debts -€21,777
down €21,777 (-61.6%), from €35,342 to €13,564
- Tax, wage and social debts +€15,226
up €15,226 (+96.7%), from €15,739 to €30,965
of which Taxes: +€9,834
- Reserves +€11,208
up €11,208 (+32.3%), from €34,715 to €45,924
of which Distributable reserves: +€11,208
- Current portion of long-term debt -€5,883
down €5,883 (-74.8%), from €7,866 to €1,983
- Trade debts -€2,798
down €2,798 (-62.8%), from €4,457 to €1,660
- Gross operating margin +€38,138
up €38,138 (+62.5%), from €60,976 to €99,114
- Staff costs +€32,089
up €32,089 (+317%), from €10,124 to €42,213
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.
Derived cash bridge
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 | €118,702 | €112,695 | -€6,007 | -5.1% |
| Fixed assets | 21/28 | €72,531 | €45,250 | -€27,281 | -37.6% |
| Intangible fixed assets | 21 | €50,118 | €30,323 | -€19,796 | -39.5% |
| Tangible fixed assets | 22/27 | €20,073 | €12,587 | -€7,485 | -37.3% |
| Plant, machinery and equipment | 23 | €1,629 | €1,022 | -€607 | -37.2% |
| Furniture and vehicles | 24 | €18,444 | €11,565 | -€6,879 | -37.3% |
| Financial fixed assets | 28 | €2,340 | €2,340 | = | 0.0% |
| Current assets | 29/58 | €46,171 | €67,446 | +€21,274 | +46.1% |
| Amounts receivable within one year | 40/41 | €33,438 | €46,256 | +€12,818 | +38.3% |
| Trade receivables | 40 | €27,767 | €46,246 | +€18,480 | +66.6% |
| Other amounts receivable | 41 | €5,671 | €10 | -€5,661 | -99.8% |
| Cash at bank and in hand | 54/58 | €4,408 | €11,250 | +€6,841 | +155% |
| Deferred charges and accrued income | 490/1 | €8,325 | €9,940 | +€1,614 | +19.4% |
| Total equity and liabilities | 10/49 | €118,702 | €112,695 | -€6,007 | -5.1% |
| Equity | 10/15 | €53,315 | €64,524 | +€11,208 | +21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,715 | €45,924 | +€11,208 | +32.3% |
| 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 | €32,855 | €44,064 | +€11,208 | +34.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,387 | €48,172 | -€17,215 | -26.3% |
| Amounts payable after more than one year | 17 | €1,983 | €0 | -€1,983 | -100% |
| Financial debts | 170/4 | €1,983 | €0 | -€1,983 | -100% |
| Amounts payable within one year | 42/48 | €63,404 | €48,172 | -€15,232 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €7,866 | €1,983 | -€5,883 | -74.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,457 | €1,660 | -€2,798 | -62.8% |
| Suppliers | 440/4 | €4,457 | €1,660 | -€2,798 | -62.8% |
| Taxes, remuneration and social security | 45 | €15,739 | €30,965 | +€15,226 | +96.7% |
| Taxes | 450/3 | €11,933 | €21,767 | +€9,834 | +82.4% |
| Remuneration and social security | 454/9 | €3,806 | €9,198 | +€5,392 | +142% |
| Other amounts payable | 47/48 | €35,342 | €13,564 | -€21,777 | -61.6% |
| Remuneration, social security and pensions | 62 | €10,124 | €42,213 | +€32,089 | +317% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,152 | €38,289 | +€136 | +0.4% |
| Other operating charges | 640/8 | €1,325 | €1,934 | +€609 | +46.0% |
| Gross operating margin | 9900 | €60,976 | €99,114 | +€38,138 | +62.5% |
| Operating profit (loss) | 9901 | €11,374 | €16,678 | +€5,304 | +46.6% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.5% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.5% |
| Financial charges | 65/66B | €667 | €224 | -€443 | -66.4% |
| Recurring financial charges | 65 | €667 | €224 | -€443 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | €10,716 | €16,454 | +€5,738 | +53.5% |
| Income taxes | 67/77 | €4,756 | €5,246 | +€489 | +10.3% |
| Profit (loss) for the period | 9904 | €5,959 | €11,208 | +€5,249 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,959 | €11,208 | +€5,249 | +88.1% |
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 25 October 2026 via checked.be.