CoBoFisca: 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.
CoBoFisca
Largest movements
- Cash +€193,783
up €193,783 (+111.0%), from €174,574 to €368,357
mainly Net result for the year (+€180,630) and Current investments (+€60,000)
- Current investments -€60,000
down €60,000 (-40.0%), from €150,000 to €90,000
- Receivables after one year -€35,900
down €35,900 (-21.4%), from €167,375 to €131,475
- Receivables within one year +€24,072
up €24,072 (+17.4%), from €138,174 to €162,246
of which Trade receivables: +€23,894
- Tangible fixed assets -€18,331
down €18,331 (-5.0%), from €365,504 to €347,172
of which Furniture and vehicles: -€16,066
- Reserves +€146,347
up €146,347 (+28.0%), from €522,499 to €668,846
- Other debts -€24,718
down €24,718 (-17.8%), from €138,532 to €113,814
- Debts after one year -€22,202
down €22,202 (-9.6%), from €230,759 to €208,556
- Gross operating margin +€18,572
up €18,572 (+5.0%), from €372,039 to €390,611
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 | €1,005,776 | €1,109,325 | +€103,549 | +10.3% |
| Fixed assets | 21/28 | €365,504 | €347,172 | -€18,331 | -5.0% |
| Tangible fixed assets | 22/27 | €365,504 | €347,172 | -€18,331 | -5.0% |
| Land and buildings | 22 | €290,406 | €288,324 | -€2,082 | -0.7% |
| Plant, machinery and equipment | 23 | €1,820 | €1,636 | -€183 | -10.1% |
| Furniture and vehicles | 24 | €73,278 | €57,212 | -€16,066 | -21.9% |
| Current assets | 29/58 | €640,272 | €762,153 | +€121,880 | +19.0% |
| Amounts receivable after more than one year | 29 | €167,375 | €131,475 | -€35,900 | -21.4% |
| Other amounts receivable | 291 | €167,375 | €131,475 | -€35,900 | -21.4% |
| Amounts receivable within one year | 40/41 | €138,174 | €162,246 | +€24,072 | +17.4% |
| Trade receivables | 40 | €102,247 | €126,141 | +€23,894 | +23.4% |
| Other amounts receivable | 41 | €35,927 | €36,105 | +€178 | +0.5% |
| Current investments | 50/53 | €150,000 | €90,000 | -€60,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €174,574 | €368,357 | +€193,783 | +111.0% |
| Deferred charges and accrued income | 490/1 | €10,149 | €10,075 | -€74 | -0.7% |
| Total equity and liabilities | 10/49 | €1,005,776 | €1,109,325 | +€103,549 | +10.3% |
| Equity | 10/15 | €522,499 | €668,846 | +€146,347 | +28.0% |
| Reserves | 13 | €522,499 | €668,846 | +€146,347 | +28.0% |
| Distributable reserves | 133 | €522,499 | €668,846 | +€146,347 | +28.0% |
| Amounts payable | 17/49 | €483,277 | €440,480 | -€42,798 | -8.9% |
| Amounts payable after more than one year | 17 | €230,759 | €208,556 | -€22,202 | -9.6% |
| Financial debts | 170/4 | €230,759 | €208,556 | -€22,202 | -9.6% |
| Amounts payable within one year | 42/48 | €211,891 | €192,909 | -€18,982 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €21,855 | €22,212 | +€357 | +1.6% |
| Trade debts | 44 | €3,552 | €2,450 | -€1,101 | -31.0% |
| Suppliers | 440/4 | €3,552 | €2,450 | -€1,101 | -31.0% |
| Taxes, remuneration and social security | 45 | €47,952 | €54,433 | +€6,481 | +13.5% |
| Taxes | 450/3 | €35,072 | €43,669 | +€8,598 | +24.5% |
| Remuneration and social security | 454/9 | €12,880 | €10,763 | -€2,117 | -16.4% |
| Other amounts payable | 47/48 | €138,532 | €113,814 | -€24,718 | -17.8% |
| Accrued charges and deferred income | 492/3 | €40,628 | €39,014 | -€1,614 | -4.0% |
| Non-recurring operating income | 76A | €10,400 | €24,562 | +€14,162 | +136.2% |
| Remuneration, social security and pensions | 62 | €88,515 | €89,990 | +€1,475 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,550 | €22,458 | +€1,909 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,145 | €4,950 | +€2,805 | +130.7% |
| Other operating charges | 640/8 | €2,748 | €2,464 | -€284 | -10.3% |
| Gross operating margin | 9900 | €372,039 | €390,611 | +€18,572 | +5.0% |
| Operating profit (loss) | 9901 | €258,081 | €270,748 | +€12,667 | +4.9% |
| Financial income | 75/76B | €115 | €3,050 | +€2,935 | +2555.8% |
| Recurring financial income | 75 | €115 | €3,050 | +€2,935 | +2555.8% |
| Financial charges | 65/66B | €10,128 | €12,814 | +€2,686 | +26.5% |
| Recurring financial charges | 65 | €10,128 | €12,814 | +€2,686 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €248,068 | €260,985 | +€12,917 | +5.2% |
| Income taxes | 67/77 | €77,037 | €80,355 | +€3,317 | +4.3% |
| Profit (loss) for the period | 9904 | €171,031 | €180,630 | +€9,599 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €171,031 | €180,630 | +€9,599 | +5.6% |
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 11 October 2026 via checked.be.