CO-TILE: 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-TILE
Largest movements
- Cash +€10,408
up €10,408 (+1,303%), from €799 to €11,207
mainly Net result for the year (+€6,356) and Trade debts (+€5,661)
- Receivables within one year +€4,029
up €4,029 (+22.1%), from €18,225 to €22,254
of which Trade receivables: +€3,076
- Tangible fixed assets -€984
down €984 (-26.7%), from €3,694 to €2,709
- Profit (loss) carried forward +€6,356
up €6,356 (+54.3%), from €11,694 to €18,049
- Trade debts +€5,661
up €5,661 (+3,531%), from €160 to €5,821
- Tax, wage and social debts +€1,437
up €1,437 (+51.3%), from €2,803 to €4,240
- Gross operating margin +€3,822
up €3,822 (+64.8%), from €5,898 to €9,720
- Taxes +€700
up €700 (+50.3%), from €1,393 to €2,093
- Financial income +€693
up €693 (+1,169%), from €59 to €752
- Depreciation +€499
up €499 (+103%), from €485 to €984
- Staff costs -€228
down €228 (-77.5%), from €294 to €66
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 | €22,718 | €36,171 | +€13,453 | +59.2% |
| Fixed assets | 21/28 | €3,694 | €2,709 | -€984 | -26.7% |
| Tangible fixed assets | 22/27 | €3,694 | €2,709 | -€984 | -26.7% |
| Furniture and vehicles | 24 | €3,694 | €2,709 | -€984 | -26.7% |
| Current assets | 29/58 | €19,024 | €33,461 | +€14,438 | +75.9% |
| Amounts receivable within one year | 40/41 | €18,225 | €22,254 | +€4,029 | +22.1% |
| Trade receivables | 40 | €10,136 | €13,211 | +€3,076 | +30.3% |
| Other amounts receivable | 41 | €8,089 | €9,043 | +€954 | +11.8% |
| Cash at bank and in hand | 54/58 | €799 | €11,207 | +€10,408 | +1,303% |
| Total equity and liabilities | 10/49 | €22,718 | €36,171 | +€13,453 | +59.2% |
| Equity | 10/15 | €19,754 | €26,109 | +€6,356 | +32.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,694 | €18,049 | +€6,356 | +54.3% |
| Amounts payable | 17/49 | €2,964 | €10,061 | +€7,098 | +239% |
| Amounts payable within one year | 42/48 | €2,964 | €10,061 | +€7,098 | +239% |
| Trade debts | 44 | €160 | €5,821 | +€5,661 | +3,531% |
| Suppliers | 440/4 | €160 | €5,821 | +€5,661 | +3,531% |
| Taxes, remuneration and social security | 45 | €2,803 | €4,240 | +€1,437 | +51.3% |
| Taxes | 450/3 | €2,803 | €4,240 | +€1,437 | +51.3% |
| Remuneration, social security and pensions | 62 | €294 | €66 | -€228 | -77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €984 | +€499 | +103% |
| Other operating charges | 640/8 | €701 | €492 | -€209 | -29.8% |
| Gross operating margin | 9900 | €5,898 | €9,720 | +€3,822 | +64.8% |
| Operating profit (loss) | 9901 | €4,418 | €8,177 | +€3,759 | +85.1% |
| Financial income | 75/76B | €59 | €752 | +€693 | +1,169% |
| Recurring financial income | 75 | €59 | €752 | +€693 | +1,169% |
| Financial charges | 65/66B | €339 | €481 | +€141 | +41.7% |
| Recurring financial charges | 65 | €339 | €481 | +€141 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €4,138 | €8,448 | +€4,311 | +104% |
| Income taxes | 67/77 | €1,393 | €2,093 | +€700 | +50.3% |
| Profit (loss) for the period | 9904 | €2,745 | €6,356 | +€3,610 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €2,745 | €6,356 | +€3,610 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.