CO & co: 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 & co
Largest movements
- Tangible fixed assets +€3,325
up €3,325 (+34.0%), from €9,789 to €13,114
of which Furniture and vehicles: +€4,361
- Receivables within one year +€1,690
up €1,690 (+29.4%), from €5,753 to €7,443
of which Other amounts receivable: +€2,229
- Reserves +€3,700
new in 2025: €3,700
- Advances received +€3,065
new in 2025: €3,065
- Trade debts -€1,538
down €1,538 (-41.0%), from €3,753 to €2,215
- Short-term financial debts -€538
down €538 (-21.4%), from €2,512 to €1,975
- Tax, wage and social debts +€318
up €318 (+3.9%), from €8,094 to €8,412
- Financial charges -€1,189
down €1,189 (-38.1%), from €3,120 to €1,932
- Other operating charges -€461
down €461 (-27.2%), from €1,694 to €1,233
- Financial income -€366
down €366 (-99.9%), from €366 to €0
- Gross operating margin +€359
up €359 (+3.2%), from €11,391 to €11,751
- Depreciation -€144
down €144 (-5.0%), from €2,860 to €2,716
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 | €17,238 | €22,367 | +€5,130 | +29.8% |
| Fixed assets | 21/28 | €9,789 | €13,114 | +€3,325 | +34.0% |
| Tangible fixed assets | 22/27 | €9,789 | €13,114 | +€3,325 | +34.0% |
| Plant, machinery and equipment | 23 | €3,302 | €2,135 | -€1,166 | -35.3% |
| Furniture and vehicles | 24 | €4,922 | €9,283 | +€4,361 | +88.6% |
| Other tangible fixed assets | 26 | €1,565 | €1,695 | +€130 | +8.3% |
| Current assets | 29/58 | €7,449 | €9,254 | +€1,805 | +24.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €5,753 | €7,443 | +€1,690 | +29.4% |
| Trade receivables | 40 | €650 | €111 | -€539 | -83.0% |
| Other amounts receivable | 41 | €5,103 | €7,332 | +€2,229 | +43.7% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €1,696 | €1,811 | +€115 | +6.8% |
| Total equity and liabilities | 10/49 | €17,238 | €22,367 | +€5,130 | +29.8% |
| Equity | 10/15 | €2,879 | €6,700 | +€3,822 | +132.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €3,700 | +€3,700 | |
| Distributable reserves | 133 | - | €3,700 | +€3,700 | |
| Profit (loss) carried forward | 14 | -€121 | €0 | +€121 | |
| Amounts payable | 17/49 | €14,359 | €15,667 | +€1,308 | +9.1% |
| Amounts payable within one year | 42/48 | €14,359 | €15,667 | +€1,308 | +9.1% |
| Financial debts | 43 | €2,512 | €1,975 | -€538 | -21.4% |
| Credit institutions | 430/8 | €2,512 | €1,975 | -€538 | -21.4% |
| Trade debts | 44 | €3,753 | €2,215 | -€1,538 | -41.0% |
| Suppliers | 440/4 | €3,753 | €2,215 | -€1,538 | -41.0% |
| Advances received on contracts in progress | 46 | - | €3,065 | +€3,065 | |
| Taxes, remuneration and social security | 45 | €8,094 | €8,412 | +€318 | +3.9% |
| Taxes | 450/3 | €8,094 | €8,412 | +€318 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,860 | €2,716 | -€144 | -5.0% |
| Other operating charges | 640/8 | €1,694 | €1,233 | -€461 | -27.2% |
| Gross operating margin | 9900 | €11,391 | €11,751 | +€359 | +3.2% |
| Operating profit (loss) | 9901 | €6,838 | €7,802 | +€964 | +14.1% |
| Financial income | 75/76B | €366 | €0 | -€366 | -99.9% |
| Recurring financial income | 75 | €366 | €0 | -€366 | -99.9% |
| Financial charges | 65/66B | €3,120 | €1,932 | -€1,189 | -38.1% |
| Recurring financial charges | 65 | €3,120 | €1,932 | -€1,189 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €4,083 | €5,871 | +€1,787 | +43.8% |
| Income taxes | 67/77 | €1,966 | €2,049 | +€83 | +4.2% |
| Profit (loss) for the period | 9904 | €2,117 | €3,822 | +€1,705 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,117 | €3,822 | +€1,705 | +80.5% |
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 10 October 2026 via checked.be.