COFILINK: 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.
COFILINK
Largest movements
- Receivables within one year +€10,208
up €10,208 (+202%), from €5,054 to €15,263
of which Other amounts receivable: +€12,023
- Tangible fixed assets -€6,448
down €6,448 (-47.8%), from €13,483 to €7,034
- Deferred charges and accrued income +€2,709
up €2,709 (+99.6%), from €2,721 to €5,431
- Cash -€1,951
down €1,951 (-4.4%), from €44,084 to €42,133
mainly Debts after one year (-€17,115) and Receivables within one year (-€10,208)
- Profit (loss) carried forward +€24,752
up €24,752 (+109%), from €22,608 to €47,360
- Debts after one year -€17,115
down €17,115 (-22.3%), from €76,856 to €59,741
- Trade debts -€3,901
down €3,901 (-98.6%), from €3,956 to €55
- Gross operating margin +€4,815
up €4,815 (+11.2%), from €43,006 to €47,821
- Financial charges +€1,433
up €1,433 (+59.1%), from €2,426 to €3,859
- Taxes +€1,134
up €1,134 (+11.7%), from €9,681 to €10,815
- Depreciation +€1,001
up €1,001 (+18.4%), from €5,447 to €6,448
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 | €145,342 | €149,861 | +€4,519 | +3.1% |
| Fixed assets | 21/28 | €93,483 | €87,034 | -€6,448 | -6.9% |
| Tangible fixed assets | 22/27 | €13,483 | €7,034 | -€6,448 | -47.8% |
| Furniture and vehicles | 24 | €13,483 | €7,034 | -€6,448 | -47.8% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €51,860 | €62,827 | +€10,967 | +21.1% |
| Amounts receivable within one year | 40/41 | €5,054 | €15,263 | +€10,208 | +202% |
| Trade receivables | 40 | €1,815 | - | -€1,815 | |
| Other amounts receivable | 41 | €3,239 | €15,263 | +€12,023 | +371% |
| Cash at bank and in hand | 54/58 | €44,084 | €42,133 | -€1,951 | -4.4% |
| Deferred charges and accrued income | 490/1 | €2,721 | €5,431 | +€2,709 | +99.6% |
| Total equity and liabilities | 10/49 | €145,342 | €149,861 | +€4,519 | +3.1% |
| Equity | 10/15 | €24,608 | €49,360 | +€24,752 | +101% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,608 | €47,360 | +€24,752 | +109% |
| Amounts payable | 17/49 | €120,735 | €100,501 | -€20,234 | -16.8% |
| Amounts payable after more than one year | 17 | €76,856 | €59,741 | -€17,115 | -22.3% |
| Financial debts | 170/4 | €76,856 | €59,741 | -€17,115 | -22.3% |
| Amounts payable within one year | 42/48 | €43,878 | €40,759 | -€3,119 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €16,454 | €17,115 | +€660 | +4.0% |
| Trade debts | 44 | €3,956 | €55 | -€3,901 | -98.6% |
| Suppliers | 440/4 | €3,956 | €55 | -€3,901 | -98.6% |
| Taxes, remuneration and social security | 45 | €21,750 | €21,924 | +€174 | +0.8% |
| Taxes | 450/3 | €21,750 | €21,924 | +€174 | +0.8% |
| Other amounts payable | 47/48 | €1,718 | €1,666 | -€52 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,447 | €6,448 | +€1,001 | +18.4% |
| Other operating charges | 640/8 | €1,069 | €660 | -€409 | -38.3% |
| Non-recurring operating charges | 66A | €108 | €127 | +€19 | +17.3% |
| Gross operating margin | 9900 | €43,006 | €47,821 | +€4,815 | +11.2% |
| Operating profit (loss) | 9901 | €36,381 | €40,586 | +€4,205 | +11.6% |
| Financial income | 75/76B | €51 | €506 | +€455 | +893% |
| Recurring financial income | 75 | €51 | €506 | +€455 | +893% |
| Financial charges | 65/66B | €2,426 | €3,859 | +€1,433 | +59.1% |
| Recurring financial charges | 65 | €2,426 | €3,859 | +€1,433 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €34,007 | €37,233 | +€3,227 | +9.5% |
| Income taxes | 67/77 | €9,681 | €10,815 | +€1,134 | +11.7% |
| Profit (loss) for the period | 9904 | €24,326 | €26,418 | +€2,093 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,326 | €26,418 | +€2,093 | +8.6% |
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.