Co & Co SYSTEMS: 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 SYSTEMS
Largest movements
- Cash -€17,875
down €17,875 (-52.1%), from €34,317 to €16,442
mainly Receivables within one year (-€16,347) and Investment in fixed assets (net) (-€12,448)
- Receivables within one year +€16,347
up €16,347 (+296%), from €5,523 to €21,870
- Current investments -€9,201
no longer reported in 2025 (was €9,201)
- Receivables after one year -€7,200
down €7,200 (-2.9%), from €245,600 to €238,400
- Tangible fixed assets +€6,846
up €6,846 (+2.7%), from €252,927 to €259,773
of which Land and buildings: +€4,780
- Reserves -€12,000
down €12,000 (-3.8%), from €314,600 to €302,600
of which Distributable reserves: -€12,000
- Gross operating margin +€11,390
up €11,390, from -€6,795 to €4,595
- Financial charges +€9,263
up €9,263 (+259%), from €3,572 to €12,835
- Depreciation +€5,602
new in 2025: €5,602
- Other operating charges -€700
down €700 (-28.3%), from €2,476 to €1,776
- Financial income -€673
down €673 (-12.2%), from €5,525 to €4,852
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 | €548,137 | €537,059 | -€11,078 | -2.0% |
| Fixed assets | 21/28 | €252,927 | €259,773 | +€6,846 | +2.7% |
| Tangible fixed assets | 22/27 | €252,927 | €259,773 | +€6,846 | +2.7% |
| Land and buildings | 22 | €252,927 | €257,707 | +€4,780 | +1.9% |
| Furniture and vehicles | 24 | - | €2,066 | +€2,066 | |
| Current assets | 29/58 | €295,210 | €277,286 | -€17,924 | -6.1% |
| Amounts receivable after more than one year | 29 | €245,600 | €238,400 | -€7,200 | -2.9% |
| Other amounts receivable | 291 | €245,600 | €238,400 | -€7,200 | -2.9% |
| Amounts receivable within one year | 40/41 | €5,523 | €21,870 | +€16,347 | +296% |
| Other amounts receivable | 41 | €5,523 | €21,870 | +€16,347 | +296% |
| Current investments | 50/53 | €9,201 | - | -€9,201 | |
| Cash at bank and in hand | 54/58 | €34,317 | €16,442 | -€17,875 | -52.1% |
| Deferred charges and accrued income | 490/1 | €569 | €574 | +€5 | +0.9% |
| Total equity and liabilities | 10/49 | €548,137 | €537,059 | -€11,078 | -2.0% |
| Equity | 10/15 | €377,009 | €364,843 | -€12,166 | -3.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €314,600 | €302,600 | -€12,000 | -3.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €308,400 | €296,400 | -€12,000 | -3.9% |
| Profit (loss) carried forward | 14 | €409 | €243 | -€166 | -40.6% |
| Amounts payable | 17/49 | €171,128 | €172,216 | +€1,088 | +0.6% |
| Amounts payable after more than one year | 17 | €170,000 | €170,000 | = | 0.0% |
| Financial debts | 170/4 | €170,000 | €170,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,128 | €2,203 | +€1,075 | +95.3% |
| Trade debts | 44 | €605 | €803 | +€198 | +32.7% |
| Suppliers | 440/4 | €605 | €803 | +€198 | +32.7% |
| Taxes, remuneration and social security | 45 | €37 | - | -€37 | |
| Taxes | 450/3 | €37 | - | -€37 | |
| Other amounts payable | 47/48 | €486 | €1,400 | +€914 | +188% |
| Accrued charges and deferred income | 492/3 | - | €13 | +€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,602 | +€5,602 | |
| Other operating charges | 640/8 | €2,476 | €1,776 | -€700 | -28.3% |
| Gross operating margin | 9900 | -€6,795 | €4,595 | +€11,390 | |
| Operating profit (loss) | 9901 | -€9,271 | -€2,783 | +€6,488 | +70.0% |
| Financial income | 75/76B | €5,525 | €4,852 | -€673 | -12.2% |
| Recurring financial income | 75 | €5,525 | €4,852 | -€673 | -12.2% |
| Financial charges | 65/66B | €3,572 | €12,835 | +€9,263 | +259% |
| Recurring financial charges | 65 | €3,572 | €12,835 | +€9,263 | +259% |
| Profit (loss) for the period before taxes | 9903 | -€7,318 | -€10,766 | -€3,448 | -47.1% |
| Profit (loss) for the period | 9904 | -€7,318 | -€10,766 | -€3,448 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,318 | -€10,766 | -€3,448 | -47.1% |
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 19 October 2026 via checked.be.