COFINIMMO SERVICES: 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.
COFINIMMO SERVICES
Largest movements
- Receivables within one year -€868,609
down €868,609 (-12.9%), from €6.8m to €5.9m
of which Trade receivables: -€1.1m
- Financial fixed assets +€165,232
up €165,232 (+3.5%), from €4.8m to €4.9m
of which Affiliated companies: +€92,117
- Other debts -€591,644
down €591,644 (-28.4%), from €2.1m to €1.5m
- Tax, wage and social debts -€203,969
down €203,969 (-72.7%), from €280,485 to €76,516
- Accrued charges and deferred income +€180,192
up €180,192 (+30.8%), from €585,769 to €765,961
- Turnover -€2.6m
down €2.6m (-17.0%), from €15.3m to €12.7m
- Services and other goods -€2.4m
down €2.4m (-15.9%), from €14.9m to €12.6m
- Other operating charges -€155,693
down €155,693 (-29.6%), from €525,725 to €370,032
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,790,583 | €11,041,650 | -€748,933 | -6.4% |
| Fixed assets | 21/28 | €4,750,745 | €4,915,977 | +€165,232 | +3.5% |
| Financial fixed assets | 28 | €4,750,745 | €4,915,977 | +€165,232 | +3.5% |
| Affiliated companies | 280/1 | €4,747,860 | €4,839,977 | +€92,117 | +1.9% |
| Amounts receivable | 281 | €4,747,860 | €4,839,977 | +€92,117 | +1.9% |
| Other financial fixed assets | 284/8 | €2,885 | €76,000 | +€73,115 | +2534.3% |
| Amounts receivable and cash guarantees | 285/8 | €2,885 | €76,000 | +€73,115 | +2534.3% |
| Current assets | 29/58 | €7,039,838 | €6,125,673 | -€914,165 | -13.0% |
| Amounts receivable within one year | 40/41 | €6,759,438 | €5,890,829 | -€868,609 | -12.9% |
| Trade receivables | 40 | €3,066,933 | €1,935,051 | -€1.1m | -36.9% |
| Other amounts receivable | 41 | €3,692,505 | €3,955,778 | +€263,273 | +7.1% |
| Deferred charges and accrued income | 490/1 | €280,400 | €234,844 | -€45,556 | -16.2% |
| Total equity and liabilities | 10/49 | €11,790,583 | €11,041,650 | -€748,933 | -6.4% |
| Equity | 10/15 | €3,638,953 | €3,638,954 | +€1 | 0.0% |
| Contributions | 10/11 | €3,539,467 | €3,539,468 | +€1 | 0.0% |
| Capital | 10 | €3,539,467 | €3,539,468 | +€1 | 0.0% |
| Issued capital | 100 | €3,539,467 | €3,539,468 | +€1 | 0.0% |
| Reserves | 13 | €123,947 | €123,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €123,947 | €123,947 | = | 0.0% |
| Legal reserve | 130 | €123,947 | €123,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,461 | -€24,461 | = | 0.0% |
| Amounts payable | 17/49 | €8,151,630 | €7,402,696 | -€748,934 | -9.2% |
| Amounts payable after more than one year | 17 | €4,371,203 | €4,320,607 | -€50,596 | -1.2% |
| Financial debts | 170/4 | €1,650,000 | €1,650,000 | = | 0.0% |
| Other loans | 174 | €1,650,000 | €1,650,000 | = | 0.0% |
| Other amounts payable | 178/9 | €2,721,203 | €2,670,607 | -€50,596 | -1.9% |
| Amounts payable within one year | 42/48 | €3,194,658 | €2,316,128 | -€878,530 | -27.5% |
| Trade debts | 44 | €827,319 | €744,402 | -€82,917 | -10.0% |
| Suppliers | 440/4 | €827,319 | €744,402 | -€82,917 | -10.0% |
| Taxes, remuneration and social security | 45 | €280,485 | €76,516 | -€203,969 | -72.7% |
| Taxes | 450/3 | €280,485 | €76,516 | -€203,969 | -72.7% |
| Other amounts payable | 47/48 | €2,086,854 | €1,495,210 | -€591,644 | -28.4% |
| Accrued charges and deferred income | 492/3 | €585,769 | €765,961 | +€180,192 | +30.8% |
| Operating income | 70/76A | €15,336,180 | €12,809,374 | -€2.5m | -16.5% |
| Turnover | 70 | €15,335,161 | €12,734,741 | -€2.6m | -17.0% |
| Other operating income | 74 | €1,019 | €74,633 | +€73,614 | +7224.1% |
| Operating charges | 60/66A | €15,469,400 | €12,941,039 | -€2.5m | -16.3% |
| Services and other goods | 61 | €14,943,675 | €12,571,007 | -€2.4m | -15.9% |
| Other operating charges | 640/8 | €525,725 | €370,032 | -€155,693 | -29.6% |
| Operating profit (loss) | 9901 | -€133,220 | -€131,665 | +€1,555 | +1.2% |
| Financial income | 75/76B | €173,474 | €165,980 | -€7,494 | -4.3% |
| Recurring financial income | 75 | €173,474 | €165,980 | -€7,494 | -4.3% |
| Income from financial fixed assets | 750 | €165,244 | €159,618 | -€5,626 | -3.4% |
| Other financial income | 752/9 | €8,230 | €6,362 | -€1,868 | -22.7% |
| Financial charges | 65/66B | €40,254 | €30,482 | -€9,772 | -24.3% |
| Recurring financial charges | 65 | €40,254 | €30,482 | -€9,772 | -24.3% |
| Debt charges | 650 | €25,162 | €25,094 | -€68 | -0.3% |
| Other financial charges | 652/9 | €15,092 | €5,388 | -€9,704 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | - | €3,833 | +€3,833 | |
| Income taxes | 67/77 | - | €3,833 | +€3,833 | |
| Taxes | 670/3 | - | €3,833 | +€3,833 |
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.