Co.OL Management: what changed
Co.OL Management
Largest movements
- Cash +€42,084
up €42,084 (+53.5%), from €78,656 to €120,739
mainly Net result for the year (+€69,652) and Tax, wage and social debts (+€13,064)
- Receivables within one year +€25,495
new in 2025: €25,495
- Tangible fixed assets +€17,366
up €17,366 (+109%), from €15,997 to €33,363
of which Furniture and vehicles: +€15,843
- Reserves +€69,000
up €69,000 (+112%), from €61,860 to €130,860
of which Distributable reserves: +€69,000
- Tax, wage and social debts +€13,064
up €13,064 (+120%), from €10,855 to €23,919
- Short-term financial debts +€3,629
up €3,629 (+305%), from €1,192 to €4,821
- Taxes +€8,263
up €8,263 (+34.6%), from €23,856 to €32,119
- Depreciation -€2,780
down €2,780 (-20.6%), from €13,514 to €10,734
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,801 | €182,663 | +€84,863 | +86.8% |
| Fixed assets | 21/28 | €16,447 | €33,813 | +€17,366 | +106% |
| Tangible fixed assets | 22/27 | €15,997 | €33,363 | +€17,366 | +109% |
| Plant, machinery and equipment | 23 | €1,246 | €1,066 | -€181 | -14.5% |
| Furniture and vehicles | 24 | €14,751 | €30,594 | +€15,843 | +107% |
| Other tangible fixed assets | 26 | - | €1,704 | +€1,704 | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €81,354 | €148,850 | +€67,496 | +83.0% |
| Amounts receivable within one year | 40/41 | - | €25,495 | +€25,495 | |
| Trade receivables | 40 | - | €25,495 | +€25,495 | |
| Cash at bank and in hand | 54/58 | €78,656 | €120,739 | +€42,084 | +53.5% |
| Deferred charges and accrued income | 490/1 | €2,698 | €2,616 | -€82 | -3.0% |
| Total equity and liabilities | 10/49 | €97,801 | €182,663 | +€84,863 | +86.8% |
| Equity | 10/15 | €80,414 | €150,066 | +€69,652 | +86.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,860 | €130,860 | +€69,000 | +112% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €129,000 | +€69,000 | +115% |
| Profit (loss) carried forward | 14 | -€46 | €606 | +€652 | |
| Amounts payable | 17/49 | €17,386 | €32,597 | +€15,211 | +87.5% |
| Amounts payable within one year | 42/48 | €17,386 | €32,597 | +€15,211 | +87.5% |
| Financial debts | 43 | €1,192 | €4,821 | +€3,629 | +305% |
| Credit institutions | 430/8 | €1,192 | €4,821 | +€3,629 | +305% |
| Trade debts | 44 | €987 | €916 | -€70 | -7.1% |
| Suppliers | 440/4 | €987 | €916 | -€70 | -7.1% |
| Taxes, remuneration and social security | 45 | €10,855 | €23,919 | +€13,064 | +120% |
| Taxes | 450/3 | €10,855 | €23,919 | +€13,064 | +120% |
| Other amounts payable | 47/48 | €4,353 | €2,941 | -€1,413 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,514 | €10,734 | -€2,780 | -20.6% |
| Other operating charges | 640/8 | €896 | €582 | -€314 | -35.0% |
| Gross operating margin | 9900 | €113,361 | €113,157 | -€205 | -0.2% |
| Operating profit (loss) | 9901 | €98,952 | €101,841 | +€2,889 | +2.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €69 | €70 | +€1 | +1.5% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €98,883 | €101,770 | +€2,888 | +2.9% |
| Income taxes | 67/77 | €23,856 | €32,119 | +€8,263 | +34.6% |
| Profit (loss) for the period | 9904 | €75,027 | €69,652 | -€5,375 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,027 | €69,652 | -€5,375 | -7.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.