Co-BalAnce: 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.
Co-BalAnce
Largest movements
- Receivables within one year +€13,688
up €13,688 (+3,053%), from €448 to €14,136
of which Other amounts receivable: +€14,136
- Tangible fixed assets -€7,423
down €7,423 (-100%), from €7,423 to €0
of which Furniture and vehicles: -€6,065
- Cash -€1,948
down €1,948 (-100%), from €1,948 to €0
mainly Net result for the year (-€35,189) and Receivables within one year (-€13,688)
- Trade debts +€41,854
up €41,854 (+3,855%), from €1,086 to €42,940
- Profit (loss) carried forward -€35,189
down €35,189 (-40.6%), from -€86,611 to -€121,800
- Other debts +€19,316
up €19,316 (+42.6%), from €45,372 to €64,688
- Debts after one year -€11,414
down €11,414 (-100%), from €11,414 to €0
- Tax, wage and social debts -€10,336
down €10,336 (-62.2%), from €16,622 to €6,286
- Gross operating margin -€28,626
down €28,626 (-1,125%), from -€2,543 to -€31,169
- Taxes -€12,821
down €12,821 (-100%), from €12,821 to €0
- Depreciation -€2,820
down €2,820 (-100%), from €2,820 to €0
- Other operating charges +€685
up €685 (+66.9%), from €1,024 to €1,709
- Financial charges +€521
up €521 (+29.1%), from €1,790 to €2,311
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 | €9,882 | €14,136 | +€4,255 | +43.1% |
| Fixed assets | 21/28 | €7,423 | €0 | -€7,423 | -100% |
| Tangible fixed assets | 22/27 | €7,423 | €0 | -€7,423 | -100% |
| Plant, machinery and equipment | 23 | €1,358 | €0 | -€1,358 | -100% |
| Furniture and vehicles | 24 | €6,065 | €0 | -€6,065 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,459 | €14,136 | +€11,678 | +475% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €448 | €14,136 | +€13,688 | +3,053% |
| Trade receivables | 40 | €448 | €0 | -€448 | -100% |
| Other amounts receivable | 41 | €0 | €14,136 | +€14,136 | |
| Cash at bank and in hand | 54/58 | €1,948 | €0 | -€1,948 | -100% |
| Deferred charges and accrued income | 490/1 | €62 | €0 | -€62 | -100% |
| Total equity and liabilities | 10/49 | €9,882 | €14,136 | +€4,255 | +43.1% |
| Equity | 10/15 | -€64,611 | -€99,800 | -€35,189 | -54.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,611 | -€121,800 | -€35,189 | -40.6% |
| Amounts payable | 17/49 | €74,493 | €113,937 | +€39,444 | +52.9% |
| Amounts payable after more than one year | 17 | €11,414 | €0 | -€11,414 | -100% |
| Financial debts | 170/4 | €11,414 | €0 | -€11,414 | -100% |
| Amounts payable within one year | 42/48 | €63,079 | €113,937 | +€50,858 | +80.6% |
| Financial debts | 43 | - | €23 | +€23 | |
| Credit institutions | 430/8 | - | €23 | +€23 | |
| Trade debts | 44 | €1,086 | €42,940 | +€41,854 | +3,855% |
| Suppliers | 440/4 | €1,086 | €42,940 | +€41,854 | +3,855% |
| Taxes, remuneration and social security | 45 | €16,622 | €6,286 | -€10,336 | -62.2% |
| Taxes | 450/3 | €16,622 | €6,286 | -€10,336 | -62.2% |
| Other amounts payable | 47/48 | €45,372 | €64,688 | +€19,316 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,820 | €0 | -€2,820 | -100% |
| Other operating charges | 640/8 | €1,024 | €1,709 | +€685 | +66.9% |
| Gross operating margin | 9900 | -€2,543 | -€31,169 | -€28,626 | -1,125% |
| Operating profit (loss) | 9901 | -€6,388 | -€32,878 | -€26,491 | -415% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,790 | €2,311 | +€521 | +29.1% |
| Recurring financial charges | 65 | €1,790 | €2,311 | +€521 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,178 | -€35,189 | -€27,012 | -330% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €12,821 | €0 | -€12,821 | -100% |
| Profit (loss) for the period | 9904 | -€20,999 | -€35,189 | -€14,190 | -67.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,999 | -€35,189 | -€14,190 | -67.6% |
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 18 October 2026 via checked.be.