COFIMODEX: 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.
COFIMODEX
Largest movements
- Tangible fixed assets -€28,335
down €28,335 (-7.7%), from €368,189 to €339,854
- Cash -€6,762
down €6,762 (-27.7%), from €24,398 to €17,637
mainly Debts after one year (-€25,630) and Net result for the year (-€14,598)
- Deferred charges and accrued income -€4,913
down €4,913 (-20.8%), from €23,663 to €18,750
- Debts after one year -€25,630
down €25,630 (-6.6%), from €385,578 to €359,948
- Profit (loss) carried forward -€14,598
down €14,598 (-72.7%), from -€20,080 to -€34,678
- Gross operating margin -€21,606
down €21,606 (-42.4%), from €50,969 to €29,363
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 | €416,250 | €376,241 | -€40,010 | -9.6% |
| Fixed assets | 21/28 | €368,189 | €339,854 | -€28,335 | -7.7% |
| Tangible fixed assets | 22/27 | €368,189 | €339,854 | -€28,335 | -7.7% |
| Land and buildings | 22 | €368,189 | €339,854 | -€28,335 | -7.7% |
| Current assets | 29/58 | €48,061 | €36,387 | -€11,674 | -24.3% |
| Cash at bank and in hand | 54/58 | €24,398 | €17,637 | -€6,762 | -27.7% |
| Deferred charges and accrued income | 490/1 | €23,663 | €18,750 | -€4,913 | -20.8% |
| Total equity and liabilities | 10/49 | €416,250 | €376,241 | -€40,010 | -9.6% |
| Equity | 10/15 | €4,920 | -€9,678 | -€14,598 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,080 | -€34,678 | -€14,598 | -72.7% |
| Amounts payable | 17/49 | €411,330 | €385,919 | -€25,411 | -6.2% |
| Amounts payable after more than one year | 17 | €385,578 | €359,948 | -€25,630 | -6.6% |
| Financial debts | 170/4 | €385,578 | €359,948 | -€25,630 | -6.6% |
| Amounts payable within one year | 42/48 | €25,752 | €25,971 | +€219 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €25,752 | €25,971 | +€219 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,335 | €28,335 | = | 0.0% |
| Other operating charges | 640/8 | €7,077 | €7,434 | +€358 | +5.1% |
| Gross operating margin | 9900 | €50,969 | €29,363 | -€21,606 | -42.4% |
| Operating profit (loss) | 9901 | €15,557 | -€6,407 | -€21,964 | |
| Financial charges | 65/66B | €8,643 | €8,191 | -€452 | -5.2% |
| Recurring financial charges | 65 | €8,643 | €8,191 | -€452 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €6,914 | -€14,598 | -€21,512 | |
| Profit (loss) for the period | 9904 | €6,914 | -€14,598 | -€21,512 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,914 | -€14,598 | -€21,512 |
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 11 October 2026 via checked.be.