COFI PARTNERS: 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.
COFI PARTNERS
Largest movements
- Receivables within one year -€9,189
down €9,189 (-25.8%), from €35,627 to €26,438
of which Trade receivables: -€7,847
- Cash -€7,614
down €7,614 (-50.1%), from €15,204 to €7,590
mainly Contributions, distributions and other (-€16,000) and Current portion of long-term debt (-€9,000)
- Tangible fixed assets -€2,028
down €2,028 (-17.1%), from €11,866 to €9,838
of which Other tangible fixed assets: -€1,251
- Deferred charges and accrued income +€1,950
new in 2025: €1,950
- Profit (loss) carried forward -€15,763
down €15,763 (-89.6%), from €17,586 to €1,823
- Tax, wage and social debts +€12,753
up €12,753 (+428%), from €2,980 to €15,734
of which Taxes: +€8,102
- Current portion of long-term debt -€9,000
down €9,000 (-100%), from €9,000 to €0
- Trade debts -€4,871
down €4,871 (-37.6%), from €12,956 to €8,084
- Staff costs +€34,983
up €34,983 (+337%), from €10,380 to €45,363
- Gross operating margin +€18,299
up €18,299 (+46.3%), from €39,481 to €57,780
- Depreciation +€1,220
up €1,220 (+91.5%), from €1,332 to €2,552
- Taxes -€1,106
down €1,106 (-15.7%), from €7,068 to €5,961
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 | €62,982 | €46,101 | -€16,881 | -26.8% |
| Fixed assets | 21/28 | €12,151 | €10,123 | -€2,028 | -16.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €11,866 | €9,838 | -€2,028 | -17.1% |
| Plant, machinery and equipment | 23 | €1,417 | €931 | -€486 | -34.3% |
| Furniture and vehicles | 24 | €2,459 | €2,168 | -€291 | -11.8% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | €7,990 | €6,739 | -€1,251 | -15.7% |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €50,831 | €35,978 | -€14,853 | -29.2% |
| Amounts receivable within one year | 40/41 | €35,627 | €26,438 | -€9,189 | -25.8% |
| Trade receivables | 40 | €31,127 | €23,280 | -€7,847 | -25.2% |
| Other amounts receivable | 41 | €4,500 | €3,159 | -€1,341 | -29.8% |
| Cash at bank and in hand | 54/58 | €15,204 | €7,590 | -€7,614 | -50.1% |
| Deferred charges and accrued income | 490/1 | - | €1,950 | +€1,950 | |
| Total equity and liabilities | 10/49 | €62,982 | €46,101 | -€16,881 | -26.8% |
| Equity | 10/15 | €38,046 | €22,283 | -€15,763 | -41.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €17,586 | €1,823 | -€15,763 | -89.6% |
| Amounts payable | 17/49 | €24,936 | €23,818 | -€1,118 | -4.5% |
| Amounts payable within one year | 42/48 | €24,936 | €23,818 | -€1,118 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €0 | -€9,000 | -100% |
| Trade debts | 44 | €12,956 | €8,084 | -€4,871 | -37.6% |
| Suppliers | 440/4 | €12,956 | €8,084 | -€4,871 | -37.6% |
| Taxes, remuneration and social security | 45 | €2,980 | €15,734 | +€12,753 | +428% |
| Taxes | 450/3 | €1,112 | €9,214 | +€8,102 | +729% |
| Remuneration and social security | 454/9 | €1,869 | €6,520 | +€4,651 | +249% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €10,380 | €45,363 | +€34,983 | +337% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,332 | €2,552 | +€1,220 | +91.5% |
| Other operating charges | 640/8 | €2,666 | €2,943 | +€277 | +10.4% |
| Gross operating margin | 9900 | €39,481 | €57,780 | +€18,299 | +46.3% |
| Operating profit (loss) | 9901 | €25,102 | €6,922 | -€18,181 | -72.4% |
| Financial income | 75/76B | €51 | €4 | -€47 | -92.5% |
| Recurring financial income | 75 | €51 | €4 | -€47 | -92.5% |
| Financial charges | 65/66B | €1,122 | €727 | -€395 | -35.2% |
| Recurring financial charges | 65 | €1,122 | €727 | -€395 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €24,031 | €6,199 | -€17,833 | -74.2% |
| Income taxes | 67/77 | €7,068 | €5,961 | -€1,106 | -15.7% |
| Profit (loss) for the period | 9904 | €16,964 | €237 | -€16,727 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,964 | €237 | -€16,727 | -98.6% |
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.