Financials
Financial year 2025
COMPASS from Turnhout, company number BE0426871858, closed financial year 2025 with a result of € -17,670 after tax. For that financial year COMPASS recorded a gross margin of € 85,839 and equity of € 128,888. Compared with financial year 2024, the result moved from € 71,659 to € -17,670. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 128,888
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,670
▼ still € 71,659 profit in 2024
Profit after tax over the fiscal year.
€ 131,857
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 66,888.
People and assets in 2025
1
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 74,493
▼ 32% vs 2024
€ 74,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,183
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 471,368
▼ 2% vs 2024
€ 18,806 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 129,898
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,765
▼ 69% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,899 | € 128,295 | € 208,656 | € 85,839 | ▼ 59% |
| Profit after taxes | € 2,364 | € 23,132 | € 71,659 | € -17,670 | ▼ € 89,329 |
| Equity | € 51,767 | € 74,899 | € 146,558 | € 128,888 | ▼ 12% |
| Total debts | € 658,363 | € 721,143 | € 652,318 | € 631,031 | ▼ 3% |
| Cash | € 104,688 | € 196,778 | € 124,579 | € 131,857 | ▲ 6% |
| Land & buildings | € 369,261 | € 369,110 | € 368,959 | € 368,807 | |
| Retained profit | € -10,233 | € 12,899 | € 84,558 | € 66,888 | ▼ 21% |
| Bank debt | € 566,209 | € 523,725 | € 479,502 | € 471,368 | ▼ 2% |
| Balance sheet total | € 710,130 | € 796,042 | € 798,876 | € 759,919 | ▼ 5% |
| Employees (FTE) | 1.3 | 1.6 | 1.6 | 1 | ▼ 0.6 |
Key figures of COMPASS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to COMPASS?
What happened at COMPASS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurence LAUWERS stepped down as director. NBB
- Olivier LAUWERS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 17,670 (▼ € 89,329 vs 2024). filed late Source: NBB ↗
- Laurence LAUWERS became a director. NBB
- Olivier LAUWERS became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,364 profit in 2022 to € 17,670 loss in 2025.
Paid € 1,267 in corporate taxes since 2022.
Best year ever: 2024, with € 71,659 profit.
On average € 85,800 of value added per employee in 2025.
Management
Establishments
Establishment units
Physical locations of this company
de Merodelei 81 box 6
2300 Turnhout
de Merodelei 81
2300 Turnhout
Active since 28 February 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.871.858
- VAT number
- BE 0426.871.858
- Registered office
- de Merodelei 81 bus 6, 2300 Turnhout
- Names & denominations
- COMPASS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 1985
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van reisbureaus
Reisbureaus