COBAFI: 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.
COBAFI
Largest movements
- Cash +€138,167
up €138,167 (+5500.1%), from €2,512 to €140,679
mainly Trade debts (+€77,320) and Net result for the year (+€21,668)
- Current investments -€20,048
no longer reported in 2025 (was €20,048)
- Receivables within one year +€4,137
up €4,137 (+136.8%), from €3,025 to €7,162
of which Other amounts receivable: +€7,162
- Trade debts +€77,320
up €77,320 (+121573.0%), from €64 to €77,384
- Profit (loss) carried forward +€21,668
up €21,668 (+3576.8%), from €606 to €22,274
- Other debts +€15,878
up €15,878 (+65.3%), from €24,324 to €40,201
- Tax, wage and social debts +€7,390
up €7,390 (+1500.6%), from €492 to €7,882
- Gross operating margin +€29,585
up €29,585 (+2118.5%), from €1,397 to €30,981
- Taxes +€7,884
up €7,884 (+382724.8%), from €2 to €7,886
- Other operating charges +€403
up €403 (+93.5%), from €431 to €834
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.
Cash bridge derived
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 | €25,585 | €147,841 | +€122,256 | +477.8% |
| Current assets | 29/58 | €25,585 | €147,841 | +€122,256 | +477.8% |
| Amounts receivable within one year | 40/41 | €3,025 | €7,162 | +€4,137 | +136.8% |
| Trade receivables | 40 | €3,025 | €0 | -€3,025 | -100.0% |
| Other amounts receivable | 41 | - | €7,162 | +€7,162 | |
| Current investments | 50/53 | €20,048 | - | -€20,048 | |
| Cash at bank and in hand | 54/58 | €2,512 | €140,679 | +€138,167 | +5500.1% |
| Total equity and liabilities | 10/49 | €25,585 | €147,841 | +€122,256 | +477.8% |
| Equity | 10/15 | €706 | €22,374 | +€21,668 | +3070.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €606 | €22,274 | +€21,668 | +3576.8% |
| Amounts payable | 17/49 | €24,880 | €125,467 | +€100,588 | +404.3% |
| Amounts payable within one year | 42/48 | €24,880 | €125,467 | +€100,588 | +404.3% |
| Trade debts | 44 | €64 | €77,384 | +€77,320 | +121573.0% |
| Suppliers | 440/4 | €64 | €77,384 | +€77,320 | +121573.0% |
| Taxes, remuneration and social security | 45 | €492 | €7,882 | +€7,390 | +1500.6% |
| Taxes | 450/3 | €492 | €7,882 | +€7,390 | +1500.6% |
| Other amounts payable | 47/48 | €24,324 | €40,201 | +€15,878 | +65.3% |
| Other operating charges | 640/8 | €431 | €834 | +€403 | +93.5% |
| Gross operating margin | 9900 | €1,397 | €30,981 | +€29,585 | +2118.5% |
| Operating profit (loss) | 9901 | €966 | €30,147 | +€29,182 | +3022.3% |
| Financial income | 75/76B | €69 | €120 | +€51 | +74.1% |
| Recurring financial income | 75 | €69 | €120 | +€51 | +74.1% |
| Financial charges | 65/66B | €875 | €714 | -€161 | -18.4% |
| Recurring financial charges | 65 | €875 | €714 | -€161 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €160 | €29,554 | +€29,394 | +18404.7% |
| Income taxes | 67/77 | €2 | €7,886 | +€7,884 | +382724.8% |
| Profit (loss) for the period | 9904 | €158 | €21,668 | +€21,510 | +13644.2% |
| Profit (loss) for the period to be appropriated | 9905 | €158 | €21,668 | +€21,510 | +13644.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.