CO-PRO: 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-PRO
Largest movements
- Receivables within one year +€12,857
up €12,857 (+193.0%), from €6,661 to €19,518
- Cash -€4,537
down €4,537 (-68.5%), from €6,621 to €2,084
mainly Net result for the year (-€21,156) and Receivables within one year (-€12,857)
- Stocks and contracts +€3,852
up €3,852 (+7.6%), from €50,777 to €54,629
- Profit (loss) carried forward -€21,156
down €21,156 (-40.0%), from -€52,865 to -€74,021
- Other debts +€11,923
up €11,923 (+31.8%), from €37,552 to €49,475
- Trade debts +€11,738
up €11,738 (+47.3%), from €24,835 to €36,572
- Tax, wage and social debts +€9,461
up €9,461 (+20.9%), from €45,364 to €54,825
of which Taxes: +€7,338
- Staff costs -€20,404
down €20,404 (-71.3%), from €28,609 to €8,205
- Gross operating margin +€7,360
up €7,360 (+35.9%), from -€20,501 to -€13,142
- Other operating charges -€3,423
no longer reported in 2024 (was €3,423)
- Financial income +€427
new in 2024: €427
of which Financial income: +€427
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,886 | €76,852 | +€11,966 | +18.4% |
| Formation expenses | 20 | €827 | €620 | -€207 | -25.0% |
| Current assets | 29/58 | €64,059 | €76,231 | +€12,172 | +19.0% |
| Stocks and contracts in progress | 3 | €50,777 | €54,629 | +€3,852 | +7.6% |
| Stocks | 30/36 | €50,777 | €54,629 | +€3,852 | +7.6% |
| Amounts receivable within one year | 40/41 | €6,661 | €19,518 | +€12,857 | +193.0% |
| Trade receivables | 40 | €6,661 | €19,518 | +€12,857 | +193.0% |
| Cash at bank and in hand | 54/58 | €6,621 | €2,084 | -€4,537 | -68.5% |
| Total equity and liabilities | 10/49 | €64,886 | €76,852 | +€11,966 | +18.4% |
| Equity | 10/15 | -€42,865 | -€64,021 | -€21,156 | -49.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,865 | -€74,021 | -€21,156 | -40.0% |
| Amounts payable | 17/49 | €107,751 | €140,873 | +€33,122 | +30.7% |
| Amounts payable within one year | 42/48 | €107,751 | €140,873 | +€33,122 | +30.7% |
| Trade debts | 44 | €24,835 | €36,572 | +€11,738 | +47.3% |
| Suppliers | 440/4 | €24,835 | €36,572 | +€11,738 | +47.3% |
| Taxes, remuneration and social security | 45 | €45,364 | €54,825 | +€9,461 | +20.9% |
| Taxes | 450/3 | €20,167 | €27,506 | +€7,338 | +36.4% |
| Remuneration and social security | 454/9 | €25,197 | €27,320 | +€2,123 | +8.4% |
| Other amounts payable | 47/48 | €37,552 | €49,475 | +€11,923 | +31.8% |
| Remuneration, social security and pensions | 62 | €28,609 | €8,205 | -€20,404 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €207 | = | 0.0% |
| Other operating charges | 640/8 | €3,423 | - | -€3,423 | |
| Gross operating margin | 9900 | -€20,501 | -€13,142 | +€7,360 | +35.9% |
| Operating profit (loss) | 9901 | -€52,740 | -€21,553 | +€31,187 | +59.1% |
| Financial income | 75/76B | - | €427 | +€427 | |
| Recurring financial income | 75 | - | €427 | +€427 | |
| Non-recurring financial income | 76B | - | €427 | +€427 | |
| Financial charges | 65/66B | €125 | €30 | -€95 | -76.3% |
| Recurring financial charges | 65 | €85 | €30 | -€55 | -65.1% |
| Non-recurring financial charges | 66B | €40 | - | -€40 | |
| Profit (loss) for the period before taxes | 9903 | -€52,865 | -€21,156 | +€31,709 | +60.0% |
| Profit (loss) for the period | 9904 | -€52,865 | -€21,156 | +€31,709 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,865 | -€21,156 | +€31,709 | +60.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.