COFABELY: 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.
COFABELY
Largest movements
- Tangible fixed assets -€12,932
down €12,932 (-12.4%), from €104,671 to €91,739
of which Plant, machinery and equipment: -€10,269
- Cash +€11,513
up €11,513 (+278.7%), from €4,131 to €15,644
mainly Other debts (+€20,021) and Depreciation (+€12,932)
- Receivables within one year +€1,550
up €1,550 (+27.6%), from €5,615 to €7,165
of which Trade receivables: +€969
- Stocks and contracts +€1,392
up €1,392 (+11.4%), from €12,162 to €13,554
- Other debts +€20,021
up €20,021 (+95.6%), from €20,933 to €40,954
- Trade debts -€12,458
down €12,458 (-17.5%), from €71,081 to €58,623
- Profit (loss) carried forward -€4,119
down €4,119 (-175.7%), from -€2,344 to -€6,463
- Tax, wage and social debts -€1,921
down €1,921 (-20.0%), from €9,625 to €7,704
of which Taxes: -€4,135
- Gross operating margin +€21,126
up €21,126 (+44.3%), from €47,667 to €68,793
- Staff costs +€18,937
up €18,937 (+47.5%), from €39,860 to €58,797
- Depreciation +€3,859
up €3,859 (+42.5%), from €9,073 to €12,932
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 | €126,759 | €128,283 | +€1,523 | +1.2% |
| Fixed assets | 21/28 | €104,851 | €91,919 | -€12,932 | -12.3% |
| Tangible fixed assets | 22/27 | €104,671 | €91,739 | -€12,932 | -12.4% |
| Land and buildings | 22 | €64,737 | €62,397 | -€2,340 | -3.6% |
| Plant, machinery and equipment | 23 | €39,114 | €28,844 | -€10,269 | -26.3% |
| Furniture and vehicles | 24 | €821 | €498 | -€323 | -39.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €21,908 | €36,363 | +€14,455 | +66.0% |
| Stocks and contracts in progress | 3 | €12,162 | €13,554 | +€1,392 | +11.4% |
| Stocks | 30/36 | €12,162 | €13,554 | +€1,392 | +11.4% |
| Amounts receivable within one year | 40/41 | €5,615 | €7,165 | +€1,550 | +27.6% |
| Trade receivables | 40 | €2,185 | €3,154 | +€969 | +44.4% |
| Other amounts receivable | 41 | €3,430 | €4,011 | +€581 | +16.9% |
| Cash at bank and in hand | 54/58 | €4,131 | €15,644 | +€11,513 | +278.7% |
| Total equity and liabilities | 10/49 | €126,759 | €128,283 | +€1,523 | +1.2% |
| Equity | 10/15 | €25,121 | €21,002 | -€4,119 | -16.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,465 | €22,465 | = | 0.0% |
| Distributable reserves | 133 | €22,465 | €22,465 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,344 | -€6,463 | -€4,119 | -175.7% |
| Amounts payable | 17/49 | €101,639 | €107,281 | +€5,642 | +5.6% |
| Amounts payable within one year | 42/48 | €101,639 | €107,281 | +€5,642 | +5.6% |
| Trade debts | 44 | €71,081 | €58,623 | -€12,458 | -17.5% |
| Suppliers | 440/4 | €71,081 | €58,623 | -€12,458 | -17.5% |
| Taxes, remuneration and social security | 45 | €9,625 | €7,704 | -€1,921 | -20.0% |
| Taxes | 450/3 | €6,659 | €2,525 | -€4,135 | -62.1% |
| Remuneration and social security | 454/9 | €2,965 | €5,179 | +€2,213 | +74.6% |
| Other amounts payable | 47/48 | €20,933 | €40,954 | +€20,021 | +95.6% |
| Remuneration, social security and pensions | 62 | €39,860 | €58,797 | +€18,937 | +47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,073 | €12,932 | +€3,859 | +42.5% |
| Other operating charges | 640/8 | €746 | €661 | -€85 | -11.4% |
| Gross operating margin | 9900 | €47,667 | €68,793 | +€21,126 | +44.3% |
| Operating profit (loss) | 9901 | -€2,013 | -€3,597 | -€1,585 | -78.7% |
| Financial charges | 65/66B | €126 | €317 | +€191 | +151.5% |
| Recurring financial charges | 65 | €126 | €317 | +€191 | +151.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,139 | -€3,915 | -€1,776 | -83.0% |
| Income taxes | 67/77 | €207 | €204 | -€3 | -1.3% |
| Profit (loss) for the period | 9904 | -€2,345 | -€4,119 | -€1,773 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,345 | -€4,119 | -€1,773 | -75.6% |
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 6 October 2026 via checked.be.