CO.OL: 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.OL
Largest movements
- Receivables within one year -€31,570
down €31,570 (-56.7%), from €55,639 to €24,069
of which Trade receivables: -€26,795
- Deferred charges and accrued income +€2,283
up €2,283 (+779.1%), from €293 to €2,576
- Tangible fixed assets +€1,418
up €1,418 (+8.2%), from €17,268 to €18,686
of which Plant, machinery and equipment: +€897
- Other debts -€9,411
down €9,411 (-79.7%), from €11,811 to €2,400
- Profit (loss) carried forward -€7,758
down €7,758 (-23.2%), from €33,374 to €25,617
- Debts after one year -€6,076
down €6,076 (-100.0%), from €6,076 to €0
- Trade debts -€3,511
down €3,511 (-74.8%), from €4,697 to €1,186
- Tax, wage and social debts -€896
down €896 (-100.0%), from €896 to €0
- Gross operating margin -€2,314
down €2,314 (-64.5%), from €3,586 to €1,271
- Depreciation +€712
up €712 (+10.6%), from €6,684 to €7,396
- Financial charges +€51
up €51 (+7.1%), from €720 to €771
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 | €83,325 | €55,729 | -€27,596 | -33.1% |
| Fixed assets | 21/28 | €17,459 | €18,877 | +€1,418 | +8.1% |
| Tangible fixed assets | 22/27 | €17,268 | €18,686 | +€1,418 | +8.2% |
| Plant, machinery and equipment | 23 | €1,748 | €2,645 | +€897 | +51.3% |
| Furniture and vehicles | 24 | €15,520 | €16,040 | +€521 | +3.4% |
| Financial fixed assets | 28 | €191 | €191 | = | 0.0% |
| Current assets | 29/58 | €65,866 | €36,852 | -€29,014 | -44.0% |
| Amounts receivable within one year | 40/41 | €55,639 | €24,069 | -€31,570 | -56.7% |
| Trade receivables | 40 | €43,906 | €17,112 | -€26,795 | -61.0% |
| Other amounts receivable | 41 | €11,733 | €6,957 | -€4,776 | -40.7% |
| Cash at bank and in hand | 54/58 | €9,934 | €10,208 | +€274 | +2.8% |
| Deferred charges and accrued income | 490/1 | €293 | €2,576 | +€2,283 | +779.1% |
| Total equity and liabilities | 10/49 | €83,325 | €55,729 | -€27,596 | -33.1% |
| Equity | 10/15 | €53,825 | €46,068 | -€7,758 | -14.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,374 | €25,617 | -€7,758 | -23.2% |
| Amounts payable | 17/49 | €29,500 | €9,662 | -€19,839 | -67.2% |
| Amounts payable after more than one year | 17 | €6,076 | €0 | -€6,076 | -100.0% |
| Financial debts | 170/4 | €6,076 | €0 | -€6,076 | -100.0% |
| Amounts payable within one year | 42/48 | €23,424 | €9,662 | -€13,763 | -58.8% |
| Current portion of amounts payable after more than one year | 42 | €6,021 | €6,076 | +€55 | +0.9% |
| Trade debts | 44 | €4,697 | €1,186 | -€3,511 | -74.8% |
| Suppliers | 440/4 | €4,697 | €1,186 | -€3,511 | -74.8% |
| Taxes, remuneration and social security | 45 | €896 | €0 | -€896 | -100.0% |
| Taxes | 450/3 | €896 | €0 | -€896 | -100.0% |
| Other amounts payable | 47/48 | €11,811 | €2,400 | -€9,411 | -79.7% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,684 | €7,396 | +€712 | +10.6% |
| Other operating charges | 640/8 | €857 | €864 | +€7 | +0.8% |
| Gross operating margin | 9900 | €3,586 | €1,271 | -€2,314 | -64.5% |
| Operating profit (loss) | 9901 | -€3,955 | -€6,988 | -€3,033 | -76.7% |
| Financial income | 75/76B | €18 | €2 | -€16 | -90.5% |
| Recurring financial income | 75 | €18 | €2 | -€16 | -90.5% |
| Financial charges | 65/66B | €720 | €771 | +€51 | +7.1% |
| Recurring financial charges | 65 | €720 | €771 | +€51 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,658 | -€7,757 | -€3,100 | -66.6% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +50.0% |
| Profit (loss) for the period | 9904 | -€4,658 | -€7,758 | -€3,100 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,658 | -€7,758 | -€3,100 | -66.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.