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€CO-IMO: 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.

What changed

€CO-IMO

BE 0700.935.064
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,583
2024 · €195+€1,388
Equity
€37,305
2024 · €35,722+€1,583
Cash
€3,913
2024 · €2,255+€1,658
Balance sheet total
€201,023
2024 · €206,834-€5,811

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€7,493

    down €7,493 (-3.7%), from €203,796 to €196,304

Equity and liabilities
  • Debts after one year -€9,699

    down €9,699 (-6.7%), from €145,227 to €135,528

Income statement
  • Gross operating margin +€1,275

    up €1,275 (+8.6%), from €14,789 to €16,064

  • Financial charges -€233

    down €233 (-6.5%), from €3,566 to €3,332

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €195
Gross operating margin +€1,275
Other operating charges -€121
Financial charges +€233
Result 2025 €1,583

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,148
Investment €0
Financing -€9,490
Cash 2024 €2,255
Net result for the year +€1,583
Depreciation +€7,493
Smaller working-capital items -€14
Trade debts +€98
Other debts +€1,988
Debts after one year -€9,699
Current portion of long-term debt +€209
Cash 2025 €3,913
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €206,834 €201,023 -€5,811 -2.8%
Fixed assets 21/28 €203,796 €196,304 -€7,493 -3.7%
Tangible fixed assets 22/27 €203,796 €196,304 -€7,493 -3.7%
Land and buildings 22 €203,796 €196,304 -€7,493 -3.7%
Current assets 29/58 €3,038 €4,719 +€1,681 +55.3%
Amounts receivable within one year 40/41 €0 - =
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €2,255 €3,913 +€1,658 +73.5%
Deferred charges and accrued income 490/1 €782 €806 +€23 +3.0%
Total equity and liabilities 10/49 €206,834 €201,023 -€5,811 -2.8%
Equity 10/15 €35,722 €37,305 +€1,583 +4.4%
Contributions 10/11 €87,500 €87,500 = 0.0%
Profit (loss) carried forward 14 -€51,778 -€50,195 +€1,583 +3.1%
Amounts payable 17/49 €171,112 €163,718 -€7,395 -4.3%
Amounts payable after more than one year 17 €145,227 €135,528 -€9,699 -6.7%
Financial debts 170/4 €145,227 €135,528 -€9,699 -6.7%
Amounts payable within one year 42/48 €25,473 €27,768 +€2,295 +9.0%
Current portion of amounts payable after more than one year 42 €9,490 €9,699 +€209 +2.2%
Trade debts 44 €3,120 €3,218 +€98 +3.1%
Suppliers 440/4 €3,120 €3,218 +€98 +3.1%
Other amounts payable 47/48 €12,863 €14,851 +€1,988 +15.5%
Accrued charges and deferred income 492/3 €412 €421 +€9 +2.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,493 €7,493 = 0.0%
Other operating charges 640/8 €3,536 €3,657 +€121 +3.4%
Gross operating margin 9900 €14,789 €16,064 +€1,275 +8.6%
Operating profit (loss) 9901 €3,761 €4,915 +€1,154 +30.7%
Financial charges 65/66B €3,566 €3,332 -€233 -6.5%
Recurring financial charges 65 €3,566 €3,332 -€233 -6.5%
Profit (loss) for the period before taxes 9903 €195 €1,583 +€1,388 +710.4%
Profit (loss) for the period 9904 €195 €1,583 +€1,388 +710.4%
Profit (loss) for the period to be appropriated 9905 €195 €1,583 +€1,388 +710.4%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.