COFILISE: 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.
COFILISE
Largest movements
- Cash +€69,359
up €69,359 (+278.3%), from €24,920 to €94,279
mainly Current investments (+€55,000) and Net result for the year (+€48,998)
- Current investments -€55,000
down €55,000 (-100.0%), from €55,000 to €0
- Tangible fixed assets +€11,784
up €11,784 (+19.2%), from €61,326 to €73,110
of which Furniture and vehicles: +€16,743
- Receivables within one year +€8,435
up €8,435 (+48.0%), from €17,555 to €25,989
of which Trade receivables: +€13,311
- Other debts +€31,518
up €31,518 (+163.2%), from €19,315 to €50,833
- Tax, wage and social debts +€17,779
up €17,779 (+175.1%), from €10,156 to €27,936
of which Taxes: +€11,574
- Debts after one year -€6,296
down €6,296 (-44.0%), from €14,300 to €8,005
- Trade debts -€2,727
down €2,727 (-88.2%), from €3,092 to €365
- Current portion of long-term debt -€2,115
down €2,115 (-25.1%), from €8,411 to €6,296
- Gross operating margin +€40,428
up €40,428 (+50.0%), from €80,788 to €121,216
- Turnover +€24,923
up €24,923 (+14.4%), from €173,156 to €198,079
- Taxes +€9,794
up €9,794 (+92.8%), from €10,559 to €20,353
- Staff costs +€4,022
up €4,022 (+12.1%), from €33,108 to €37,130
- Depreciation -€2,793
down €2,793 (-16.8%), from €16,639 to €13,845
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 | €158,850 | €195,175 | +€36,325 | +22.9% |
| Fixed assets | 21/28 | €61,376 | €73,160 | +€11,784 | +19.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €61,326 | €73,110 | +€11,784 | +19.2% |
| Land and buildings | 22 | €6,386 | €5,515 | -€871 | -13.6% |
| Plant, machinery and equipment | 23 | €1,670 | €1,310 | -€360 | -21.6% |
| Furniture and vehicles | 24 | €6,052 | €22,795 | +€16,743 | +276.7% |
| Other tangible fixed assets | 26 | €47,218 | €43,490 | -€3,728 | -7.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €97,475 | €122,015 | +€24,541 | +25.2% |
| Amounts receivable within one year | 40/41 | €17,555 | €25,989 | +€8,435 | +48.0% |
| Trade receivables | 40 | €12,678 | €25,989 | +€13,311 | +105.0% |
| Other amounts receivable | 41 | €4,877 | €0 | -€4,877 | -100.0% |
| Current investments | 50/53 | €55,000 | €0 | -€55,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,920 | €94,279 | +€69,359 | +278.3% |
| Deferred charges and accrued income | 490/1 | - | €1,747 | +€1,747 | |
| Total equity and liabilities | 10/49 | €158,850 | €195,175 | +€36,325 | +22.9% |
| Equity | 10/15 | €103,576 | €101,741 | -€1,835 | -1.8% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €91,171 | €89,336 | -€1,835 | -2.0% |
| Distributable reserves | 133 | €91,171 | €89,336 | -€1,835 | -2.0% |
| Amounts payable | 17/49 | €55,274 | €93,434 | +€38,160 | +69.0% |
| Amounts payable after more than one year | 17 | €14,300 | €8,005 | -€6,296 | -44.0% |
| Financial debts | 170/4 | €14,300 | €8,005 | -€6,296 | -44.0% |
| Amounts payable within one year | 42/48 | €40,974 | €85,429 | +€44,455 | +108.5% |
| Current portion of amounts payable after more than one year | 42 | €8,411 | €6,296 | -€2,115 | -25.1% |
| Trade debts | 44 | €3,092 | €365 | -€2,727 | -88.2% |
| Suppliers | 440/4 | €3,092 | €365 | -€2,727 | -88.2% |
| Taxes, remuneration and social security | 45 | €10,156 | €27,936 | +€17,779 | +175.1% |
| Taxes | 450/3 | €2,919 | €14,494 | +€11,574 | +396.4% |
| Remuneration and social security | 454/9 | €7,237 | €13,442 | +€6,205 | +85.7% |
| Other amounts payable | 47/48 | €19,315 | €50,833 | +€31,518 | +163.2% |
| Turnover | 70 | €173,156 | €198,079 | +€24,923 | +14.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,073 | €104,199 | -€874 | -0.8% |
| Remuneration, social security and pensions | 62 | €33,108 | €37,130 | +€4,022 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,639 | €13,845 | -€2,793 | -16.8% |
| Other operating charges | 640/8 | €1,902 | €2,229 | +€327 | +17.2% |
| Gross operating margin | 9900 | €80,788 | €121,216 | +€40,428 | +50.0% |
| Operating profit (loss) | 9901 | €29,141 | €68,012 | +€38,872 | +133.4% |
| Financial income | 75/76B | €1,387 | €1,720 | +€333 | +24.0% |
| Recurring financial income | 75 | €1,387 | €1,720 | +€333 | +24.0% |
| Financial charges | 65/66B | €531 | €381 | -€150 | -28.2% |
| Recurring financial charges | 65 | €531 | €381 | -€150 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €29,996 | €69,351 | +€39,354 | +131.2% |
| Income taxes | 67/77 | €10,559 | €20,353 | +€9,794 | +92.8% |
| Profit (loss) for the period | 9904 | €19,438 | €48,998 | +€29,561 | +152.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,438 | €48,998 | +€29,561 | +152.1% |
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.