CO-OPERA: 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.
CO-OPERA
Largest movements
- Cash +€1,500
up €1,500 (+3.4%), from €43,683 to €45,183
mainly Net result for the year (+€2,990) and Contributions, distributions and other (+€1,050)
- Receivables within one year -€738
down €738 (-10.0%), from €7,395 to €6,657
of which Trade receivables: -€738
- Profit (loss) carried forward +€2,990
up €2,990 (+124.6%), from €2,400 to €5,390
- Tax, wage and social debts -€1,777
no longer reported in 2026 (was €1,777)
- Trade debts -€1,500
down €1,500 (-6.3%), from €24,000 to €22,500
- Contributions +€1,050
up €1,050 (+5.7%), from €18,375 to €19,425
- Gross operating margin +€2,056
up €2,056 (+133.2%), from €1,544 to €3,599
- Financial charges -€62
down €62 (-40.9%), from €152 to €90
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,077 | €51,840 | +€762 | +1.5% |
| Current assets | 29/58 | €51,077 | €51,840 | +€762 | +1.5% |
| Amounts receivable within one year | 40/41 | €7,395 | €6,657 | -€738 | -10.0% |
| Trade receivables | 40 | €7,395 | €6,656 | -€738 | -10.0% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €43,683 | €45,183 | +€1,500 | +3.4% |
| Total equity and liabilities | 10/49 | €51,077 | €51,840 | +€762 | +1.5% |
| Equity | 10/15 | €24,775 | €28,815 | +€4,040 | +16.3% |
| Contributions | 10/11 | €18,375 | €19,425 | +€1,050 | +5.7% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,400 | €5,390 | +€2,990 | +124.6% |
| Amounts payable | 17/49 | €26,302 | €23,025 | -€3,277 | -12.5% |
| Amounts payable within one year | 42/48 | €26,302 | €23,025 | -€3,277 | -12.5% |
| Trade debts | 44 | €24,000 | €22,500 | -€1,500 | -6.3% |
| Suppliers | 440/4 | €24,000 | €22,500 | -€1,500 | -6.3% |
| Taxes, remuneration and social security | 45 | €1,777 | - | -€1,777 | |
| Taxes | 450/3 | €1,777 | - | -€1,777 | |
| Other amounts payable | 47/48 | €525 | €525 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,544 | €3,599 | +€2,056 | +133.2% |
| Operating profit (loss) | 9901 | €1,038 | €3,080 | +€2,041 | +196.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €152 | €90 | -€62 | -40.9% |
| Recurring financial charges | 65 | €152 | €90 | -€62 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €886 | €2,990 | +€2,103 | +237.4% |
| Profit (loss) for the period | 9904 | €886 | €2,990 | +€2,103 | +237.4% |
| Profit (loss) for the period to be appropriated | 9905 | €886 | €2,990 | +€2,103 | +237.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.