Cofinta: 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.
Cofinta
Largest movements
- Tangible fixed assets -€44,092
down €44,092 (-13.4%), from €329,818 to €285,726
of which Land and buildings: -€41,503
- Receivables within one year +€15,685
new in 2025: €15,685
- Debts after one year -€31,082
down €31,082 (-13.0%), from €239,958 to €208,876
- Other debts -€12,090
no longer reported in 2025 (was €12,090)
- Tax, wage and social debts +€6,344
up €6,344 (+51.3%), from €12,359 to €18,703
of which Taxes: +€6,191
- Profit (loss) carried forward +€6,063
up €6,063 (+40.5%), from -€14,969 to -€8,906
- Accrued charges and deferred income +€3,405
up €3,405 (+26.0%), from €13,085 to €16,490
- Depreciation -€4,728
down €4,728 (-9.7%), from €48,820 to €44,092
- Gross operating margin +€4,726
up €4,726 (+5.7%), from €82,905 to €87,631
- Financial charges +€1,533
up €1,533 (+17.8%), from €8,605 to €10,138
- Taxes +€1,482
up €1,482 (+119%), from €1,245 to €2,727
- Staff costs +€1,144
up €1,144 (+5.6%), from €20,487 to €21,631
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 | €331,887 | €305,706 | -€26,181 | -7.9% |
| Fixed assets | 21/28 | €329,822 | €285,730 | -€44,092 | -13.4% |
| Tangible fixed assets | 22/27 | €329,818 | €285,726 | -€44,092 | -13.4% |
| Land and buildings | 22 | €322,053 | €280,550 | -€41,503 | -12.9% |
| Furniture and vehicles | 24 | €7,765 | €5,176 | -€2,589 | -33.3% |
| Financial fixed assets | 28 | €4 | €4 | = | 0.0% |
| Current assets | 29/58 | €2,065 | €19,976 | +€17,911 | +867% |
| Amounts receivable within one year | 40/41 | - | €15,685 | +€15,685 | |
| Other amounts receivable | 41 | - | €15,685 | +€15,685 | |
| Cash at bank and in hand | 54/58 | €2,065 | €4,291 | +€2,226 | +108% |
| Total equity and liabilities | 10/49 | €331,887 | €305,706 | -€26,181 | -7.9% |
| Equity | 10/15 | €24,241 | €30,304 | +€6,063 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,969 | -€8,906 | +€6,063 | +40.5% |
| Amounts payable | 17/49 | €307,646 | €275,402 | -€32,244 | -10.5% |
| Amounts payable after more than one year | 17 | €239,958 | €208,876 | -€31,082 | -13.0% |
| Financial debts | 170/4 | €239,958 | €208,876 | -€31,082 | -13.0% |
| Amounts payable within one year | 42/48 | €54,603 | €50,036 | -€4,567 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €29,918 | €31,082 | +€1,164 | +3.9% |
| Trade debts | 44 | €236 | €251 | +€15 | +6.4% |
| Suppliers | 440/4 | €236 | €251 | +€15 | +6.4% |
| Taxes, remuneration and social security | 45 | €12,359 | €18,703 | +€6,344 | +51.3% |
| Taxes | 450/3 | €9,360 | €15,551 | +€6,191 | +66.1% |
| Remuneration and social security | 454/9 | €2,999 | €3,152 | +€153 | +5.1% |
| Other amounts payable | 47/48 | €12,090 | - | -€12,090 | |
| Accrued charges and deferred income | 492/3 | €13,085 | €16,490 | +€3,405 | +26.0% |
| Remuneration, social security and pensions | 62 | €20,487 | €21,631 | +€1,144 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,820 | €44,092 | -€4,728 | -9.7% |
| Other operating charges | 640/8 | €2,889 | €2,980 | +€91 | +3.1% |
| Gross operating margin | 9900 | €82,905 | €87,631 | +€4,726 | +5.7% |
| Operating profit (loss) | 9901 | €10,709 | €18,928 | +€8,219 | +76.7% |
| Financial charges | 65/66B | €8,605 | €10,138 | +€1,533 | +17.8% |
| Recurring financial charges | 65 | €8,605 | €10,138 | +€1,533 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €2,104 | €8,790 | +€6,686 | +318% |
| Income taxes | 67/77 | €1,245 | €2,727 | +€1,482 | +119% |
| Profit (loss) for the period | 9904 | €859 | €6,063 | +€5,204 | +606% |
| Profit (loss) for the period to be appropriated | 9905 | €859 | €6,063 | +€5,204 | +606% |
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.