Co & Co: 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.
Co & Co
Largest movements
- Cash +€20,667
up €20,667 (+24.9%), from €83,127 to €103,793
mainly Net result for the year (+€12,003) and Depreciation (+€4,903)
- Tangible fixed assets -€4,903
down €4,903 (-2.7%), from €182,706 to €177,803
of which Land and buildings: -€4,112
- Receivables within one year -€3,749
down €3,749 (-65.2%), from €5,748 to €1,999
- Reserves +€12,003
up €12,003 (+7.1%), from €169,043 to €181,047
of which Distributable reserves: +€12,003
- Gross operating margin +€4,589
up €4,589 (+24.5%), from €18,732 to €23,321
- Taxes +€1,169
up €1,169 (+41.3%), from €2,833 to €4,001
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 | €273,173 | €285,206 | +€12,033 | +4.4% |
| Fixed assets | 21/28 | €182,706 | €177,803 | -€4,903 | -2.7% |
| Tangible fixed assets | 22/27 | €182,706 | €177,803 | -€4,903 | -2.7% |
| Land and buildings | 22 | €181,457 | €177,345 | -€4,112 | -2.3% |
| Furniture and vehicles | 24 | €1,249 | €459 | -€791 | -63.3% |
| Current assets | 29/58 | €90,467 | €107,403 | +€16,936 | +18.7% |
| Amounts receivable within one year | 40/41 | €5,748 | €1,999 | -€3,749 | -65.2% |
| Other amounts receivable | 41 | €5,748 | €1,999 | -€3,749 | -65.2% |
| Cash at bank and in hand | 54/58 | €83,127 | €103,793 | +€20,667 | +24.9% |
| Deferred charges and accrued income | 490/1 | €1,592 | €1,611 | +€19 | +1.2% |
| Total equity and liabilities | 10/49 | €273,173 | €285,206 | +€12,033 | +4.4% |
| Equity | 10/15 | €269,043 | €281,047 | +€12,003 | +4.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €169,043 | €181,047 | +€12,003 | +7.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €159,043 | €171,047 | +€12,003 | +7.5% |
| Amounts payable | 17/49 | €4,130 | €4,160 | +€30 | +0.7% |
| Amounts payable within one year | 42/48 | €2,047 | €2,032 | -€15 | -0.7% |
| Financial debts | 43 | €2,047 | €2,032 | -€15 | -0.7% |
| Credit institutions | 430/8 | €2,047 | €2,032 | -€15 | -0.7% |
| Accrued charges and deferred income | 492/3 | €2,083 | €2,128 | +€45 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,012 | €4,903 | -€109 | -2.2% |
| Other operating charges | 640/8 | €2,190 | €2,258 | +€68 | +3.1% |
| Gross operating margin | 9900 | €18,732 | €23,321 | +€4,589 | +24.5% |
| Operating profit (loss) | 9901 | €11,530 | €16,160 | +€4,630 | +40.2% |
| Financial charges | 65/66B | €199 | €155 | -€44 | -22.1% |
| Recurring financial charges | 65 | €199 | €155 | -€44 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €11,331 | €16,005 | +€4,674 | +41.3% |
| Income taxes | 67/77 | €2,833 | €4,001 | +€1,169 | +41.3% |
| Profit (loss) for the period | 9904 | €8,498 | €12,003 | +€3,506 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,498 | €12,003 | +€3,506 | +41.3% |
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 7 October 2026 via checked.be.