CO.PRODUCTS: 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.PRODUCTS
Largest movements
- Cash -€36,060
down €36,060 (-65.5%), from €55,026 to €18,966
mainly Net result for the year (-€25,246) and Debts after one year (-€12,292)
- Tangible fixed assets -€13,876
down €13,876 (-8.7%), from €159,210 to €145,335
of which Land and buildings: -€13,876
- Receivables within one year +€3,920
up €3,920 (+10.8%), from €36,253 to €40,173
of which Trade receivables: +€7,166
- Profit (loss) carried forward -€25,246
down €25,246 (-49.0%), from €51,557 to €26,310
- Debts after one year -€12,292
down €12,292 (-9.2%), from €133,261 to €120,969
- Trade debts -€7,679
down €7,679 (-67.1%), from €11,441 to €3,762
- Gross operating margin -€40,475
down €40,475, from €34,932 to -€5,543
- Taxes -€2,064
down €2,064 (-90.1%), from €2,290 to €226
- Other operating charges -€649
down €649 (-26.6%), from €2,444 to €1,795
- Financial charges -€356
down €356 (-8.6%), from €4,162 to €3,806
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.
Derived cash bridge
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 | €251,631 | €206,492 | -€45,139 | -17.9% |
| Fixed assets | 21/28 | €159,552 | €145,677 | -€13,876 | -8.7% |
| Tangible fixed assets | 22/27 | €159,210 | €145,335 | -€13,876 | -8.7% |
| Land and buildings | 22 | €159,210 | €145,335 | -€13,876 | -8.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €342 | €342 | = | 0.0% |
| Current assets | 29/58 | €92,079 | €60,815 | -€31,263 | -34.0% |
| Amounts receivable within one year | 40/41 | €36,253 | €40,173 | +€3,920 | +10.8% |
| Trade receivables | 40 | €31,051 | €38,217 | +€7,166 | +23.1% |
| Other amounts receivable | 41 | €5,202 | €1,956 | -€3,246 | -62.4% |
| Cash at bank and in hand | 54/58 | €55,026 | €18,966 | -€36,060 | -65.5% |
| Deferred charges and accrued income | 490/1 | €799 | €1,676 | +€877 | +110% |
| Total equity and liabilities | 10/49 | €251,631 | €206,492 | -€45,139 | -17.9% |
| Equity | 10/15 | €59,617 | €34,370 | -€25,246 | -42.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,557 | €26,310 | -€25,246 | -49.0% |
| Amounts payable | 17/49 | €192,015 | €172,122 | -€19,893 | -10.4% |
| Amounts payable after more than one year | 17 | €133,261 | €120,969 | -€12,292 | -9.2% |
| Financial debts | 170/4 | €133,261 | €120,969 | -€12,292 | -9.2% |
| Amounts payable within one year | 42/48 | €46,279 | €37,987 | -€8,291 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €11,978 | €12,292 | +€314 | +2.6% |
| Trade debts | 44 | €11,441 | €3,762 | -€7,679 | -67.1% |
| Suppliers | 440/4 | €11,441 | €3,762 | -€7,679 | -67.1% |
| Taxes, remuneration and social security | 45 | €2,498 | €226 | -€2,271 | -90.9% |
| Taxes | 450/3 | €2,498 | €226 | -€2,271 | -90.9% |
| Other amounts payable | 47/48 | €20,363 | €21,707 | +€1,345 | +6.6% |
| Accrued charges and deferred income | 492/3 | €12,475 | €13,165 | +€690 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,137 | €13,876 | -€261 | -1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,444 | €1,795 | -€649 | -26.6% |
| Gross operating margin | 9900 | €34,932 | -€5,543 | -€40,475 | |
| Operating profit (loss) | 9901 | €18,351 | -€21,214 | -€39,565 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €4,162 | €3,806 | -€356 | -8.6% |
| Recurring financial charges | 65 | €4,162 | €3,806 | -€356 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €14,188 | -€25,020 | -€39,208 | |
| Income taxes | 67/77 | €2,290 | €226 | -€2,064 | -90.1% |
| Profit (loss) for the period | 9904 | €11,898 | -€25,246 | -€37,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,898 | -€25,246 | -€37,144 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.