Cofak: 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.
Cofak
Largest movements
- Cash +€18,852
up €18,852 (+960.9%), from €1,962 to €20,814
mainly Other debts (+€59,052) and Net result for the year (+€18,645)
- Stocks and contracts -€3,514
no longer reported in 2025 (was €3,514)
- Deferred charges and accrued income +€1,175
up €1,175 (+23.8%), from €4,933 to €6,108
- Other debts +€59,052
new in 2025: €59,052
- Reserves -€40,406
no longer reported in 2025 (was €40,406)
- Tax, wage and social debts -€1,884
down €1,884 (-50.9%), from €3,700 to €1,816
- Gross operating margin +€15,931
up €15,931 (+107.3%), from €14,851 to €30,782
- Taxes +€3,116
up €3,116 (+84.2%), from €3,700 to €6,816
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 | €47,833 | €64,542 | +€16,708 | +34.9% |
| Fixed assets | 21/28 | €9,547 | €9,445 | -€102 | -1.1% |
| Tangible fixed assets | 22/27 | €9,547 | €9,445 | -€102 | -1.1% |
| Plant, machinery and equipment | 23 | €1,718 | €872 | -€846 | -49.3% |
| Furniture and vehicles | 24 | €7,829 | €8,574 | +€744 | +9.5% |
| Current assets | 29/58 | €38,286 | €55,096 | +€16,810 | +43.9% |
| Stocks and contracts in progress | 3 | €3,514 | - | -€3,514 | |
| Stocks | 30/36 | €3,514 | - | -€3,514 | |
| Amounts receivable within one year | 40/41 | €27,878 | €28,174 | +€297 | +1.1% |
| Trade receivables | 40 | €25,783 | €25,738 | -€44 | -0.2% |
| Other amounts receivable | 41 | €2,095 | €2,436 | +€341 | +16.3% |
| Cash at bank and in hand | 54/58 | €1,962 | €20,814 | +€18,852 | +960.9% |
| Deferred charges and accrued income | 490/1 | €4,933 | €6,108 | +€1,175 | +23.8% |
| Total equity and liabilities | 10/49 | €47,833 | €64,542 | +€16,708 | +34.9% |
| Equity | 10/15 | €42,406 | €2,000 | -€40,406 | -95.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €40,406 | - | -€40,406 | |
| Distributable reserves | 133 | €40,406 | - | -€40,406 | |
| Amounts payable | 17/49 | €5,427 | €62,542 | +€57,115 | +1052.4% |
| Amounts payable within one year | 42/48 | €5,351 | €62,542 | +€57,190 | +1068.7% |
| Trade debts | 44 | €1,652 | €1,674 | +€22 | +1.3% |
| Suppliers | 440/4 | €1,652 | €1,674 | +€22 | +1.3% |
| Taxes, remuneration and social security | 45 | €3,700 | €1,816 | -€1,884 | -50.9% |
| Taxes | 450/3 | €3,700 | €1,816 | -€1,884 | -50.9% |
| Other amounts payable | 47/48 | - | €59,052 | +€59,052 | |
| Accrued charges and deferred income | 492/3 | €76 | - | -€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,525 | €3,729 | +€204 | +5.8% |
| Other operating charges | 640/8 | €795 | €863 | +€68 | +8.5% |
| Non-recurring operating charges | 66A | - | €780 | +€780 | |
| Gross operating margin | 9900 | €14,851 | €30,782 | +€15,931 | +107.3% |
| Operating profit (loss) | 9901 | €10,531 | €25,410 | +€14,879 | +141.3% |
| Financial income | 75/76B | €0 | €64 | +€64 | +640000.0% |
| Recurring financial income | 75 | €0 | €64 | +€64 | +640000.0% |
| Financial charges | 65/66B | €7 | €13 | +€5 | +72.1% |
| Recurring financial charges | 65 | €7 | €13 | +€5 | +72.1% |
| Profit (loss) for the period before taxes | 9903 | €10,524 | €25,461 | +€14,938 | +141.9% |
| Income taxes | 67/77 | €3,700 | €6,816 | +€3,116 | +84.2% |
| Profit (loss) for the period | 9904 | €6,824 | €18,645 | +€11,821 | +173.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,824 | €18,645 | +€11,821 | +173.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.