CO-OR OFFICE BRUSSELS: what changed
What changed
CO-OR OFFICE BRUSSELS
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€10,614
2024 · -€6,042-€4,573
Equity
€926,371
2024 · €936,986-€10,614
Cash
€113,304
2024 · €91,136+€22,169
Balance sheet total
€1.0m
2024 · €1.0m+€3,805
Largest movements
Assets
- Tangible fixed assets -€25,650
down €25,650 (-2.9%), from €888,242 to €862,592
of which Land and buildings: -€50,118
- Cash +€22,169
up €22,169 (+24.3%), from €91,136 to €113,304
mainly Depreciation (+€97,404) and Tax, wage and social debts (+€10,441)
Equity and liabilities
- Profit (loss) carried forward -€10,614
down €10,614 (-1.2%), from €868,786 to €858,171
- Tax, wage and social debts +€10,441
up €10,441 (+332%), from €3,148 to €13,590
Income statement
- Depreciation +€6,224
up €6,224 (+6.8%), from €91,179 to €97,404
- Gross operating margin +€2,012
up €2,012 (+2.0%), from €102,248 to €104,260
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.
Result 2024
-€6,042
Gross operating margin
+€2,012
Depreciation
-€6,224
Other operating charges
-€473
Financial income
-€4
Financial charges
+€116
Result 2025
-€10,614
raises the resultlowers the result
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.
From operations
+€93,922
Investment
-€71,754
Financing
€0
Cash 2024
€91,136
From operations (derived)
+€93,922
Net result for the year
-€10,614
Depreciation
+€97,404
Receivables within one year
-€7,557
Deferred charges and accrued income
+€270
Trade debts
+€1,761
Tax, wage and social debts
+€10,441
Other debts
-€2,017
Accrued charges and deferred income
+€4,234
Investment (derived)
-€71,754
Investment in fixed assets (net)
-€71,754
Cash 2025
€113,304
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,039,630 | €1,043,435 | +€3,805 | +0.4% |
| Fixed assets | 21/28 | €888,906 | €863,256 | -€25,650 | -2.9% |
| Tangible fixed assets | 22/27 | €888,242 | €862,592 | -€25,650 | -2.9% |
| Land and buildings | 22 | €872,584 | €822,466 | -€50,118 | -5.7% |
| Plant, machinery and equipment | 23 | €4,747 | €22,325 | +€17,578 | +370% |
| Furniture and vehicles | 24 | €10,911 | €17,800 | +€6,889 | +63.1% |
| Financial fixed assets | 28 | €664 | €664 | = | 0.0% |
| Current assets | 29/58 | €150,724 | €180,179 | +€29,455 | +19.5% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,905 | €33,462 | +€7,557 | +29.2% |
| Trade receivables | 40 | €21,709 | €28,661 | +€6,952 | +32.0% |
| Other amounts receivable | 41 | €4,196 | €4,802 | +€605 | +14.4% |
| Cash at bank and in hand | 54/58 | €91,136 | €113,304 | +€22,169 | +24.3% |
| Deferred charges and accrued income | 490/1 | €3,683 | €3,413 | -€270 | -7.3% |
| Total equity and liabilities | 10/49 | €1,039,630 | €1,043,435 | +€3,805 | +0.4% |
| Equity | 10/15 | €936,986 | €926,371 | -€10,614 | -1.1% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €868,786 | €858,171 | -€10,614 | -1.2% |
| Amounts payable | 17/49 | €102,644 | €117,064 | +€14,420 | +14.0% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,740 | €67,926 | +€10,185 | +17.6% |
| Trade debts | 44 | €6,025 | €7,787 | +€1,761 | +29.2% |
| Suppliers | 440/4 | €6,025 | €7,787 | +€1,761 | +29.2% |
| Taxes, remuneration and social security | 45 | €3,148 | €13,590 | +€10,441 | +332% |
| Taxes | 450/3 | €3,148 | €13,590 | +€10,441 | +332% |
| Other amounts payable | 47/48 | €48,567 | €46,549 | -€2,017 | -4.2% |
| Accrued charges and deferred income | 492/3 | €14,904 | €19,138 | +€4,234 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,179 | €97,404 | +€6,224 | +6.8% |
| Other operating charges | 640/8 | €13,672 | €14,145 | +€473 | +3.5% |
| Gross operating margin | 9900 | €102,248 | €104,260 | +€2,012 | +2.0% |
| Operating profit (loss) | 9901 | -€2,603 | -€7,289 | -€4,685 | -180% |
| Financial income | 75/76B | €1,205 | €1,201 | -€4 | -0.3% |
| Recurring financial income | 75 | €1,205 | €1,201 | -€4 | -0.3% |
| Financial charges | 65/66B | €4,643 | €4,527 | -€116 | -2.5% |
| Recurring financial charges | 65 | €4,643 | €4,527 | -€116 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,042 | -€10,614 | -€4,573 | -75.7% |
| Profit (loss) for the period | 9904 | -€6,042 | -€10,614 | -€4,573 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,042 | -€10,614 | -€4,573 | -75.7% |
Next steps
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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 5 November 2026 via checked.be.