COFIBRA: 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.
COFIBRA
Largest movements
- Financial fixed assets -€370,000
down €370,000 (-92.5%), from €400,000 to €30,000
- Receivables within one year +€31,320
up €31,320 (+18.3%), from €171,020 to €202,340
- Profit (loss) carried forward -€313,825
down €313,825 (-100.0%), from €313,872 to €48
- Reserves -€27,000
down €27,000 (-11.1%), from €243,382 to €216,382
of which Distributable reserves: -€27,000
- Financial charges +€370,000
up €370,000 (+822222.2%), from €45 to €370,045
of which Non-recurring financial charges: +€370,000
- Financial income -€65,146
down €65,146 (-66.3%), from €98,238 to €33,092
- Taxes +€853
up €853 (+61.2%), from €1,395 to €2,248
- Gross operating margin -€537
down €537 (-78.3%), from -€686 to -€1,224
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €571,050 | €232,473 | -€338,577 | -59.3% |
| Fixed assets | 21/28 | €400,000 | €30,000 | -€370,000 | -92.5% |
| Financial fixed assets | 28 | €400,000 | €30,000 | -€370,000 | -92.5% |
| Current assets | 29/58 | €171,050 | €202,473 | +€31,423 | +18.4% |
| Amounts receivable within one year | 40/41 | €171,020 | €202,340 | +€31,320 | +18.3% |
| Other amounts receivable | 41 | €171,020 | €202,340 | +€31,320 | +18.3% |
| Cash at bank and in hand | 54/58 | €30 | €133 | +€103 | +347.6% |
| Total equity and liabilities | 10/49 | €571,050 | €232,473 | -€338,577 | -59.3% |
| Equity | 10/15 | €569,655 | €228,830 | -€340,825 | -59.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €243,382 | €216,382 | -€27,000 | -11.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €241,522 | €214,522 | -€27,000 | -11.2% |
| Profit (loss) carried forward | 14 | €313,872 | €48 | -€313,825 | -100.0% |
| Amounts payable | 17/49 | €1,395 | €3,643 | +€2,248 | +161.2% |
| Amounts payable within one year | 42/48 | €1,395 | €3,643 | +€2,248 | +161.2% |
| Taxes, remuneration and social security | 45 | €1,395 | €3,643 | +€2,248 | +161.2% |
| Taxes | 450/3 | €1,395 | €3,643 | +€2,248 | +161.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€686 | -€1,224 | -€537 | -78.3% |
| Operating profit (loss) | 9901 | -€1,074 | -€1,623 | -€550 | -51.2% |
| Financial income | 75/76B | €98,238 | €33,092 | -€65,146 | -66.3% |
| Recurring financial income | 75 | €98,238 | €33,092 | -€65,146 | -66.3% |
| Financial charges | 65/66B | €45 | €370,045 | +€370,000 | +822222.2% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Non-recurring financial charges | 66B | - | €370,000 | +€370,000 | |
| Profit (loss) for the period before taxes | 9903 | €97,119 | -€338,577 | -€435,696 | |
| Income taxes | 67/77 | €1,395 | €2,248 | +€853 | +61.2% |
| Profit (loss) for the period | 9904 | €95,724 | -€340,825 | -€436,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €95,724 | -€340,825 | -€436,549 |
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 7 October 2026 via checked.be.