COFISCON: 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.
COFISCON
Largest movements
- Cash +€2,660
up €2,660 (+380%), from €700 to €3,360
mainly Other debts (+€2,574) and Net result for the year (+€485)
- Deferred charges and accrued income -€471
no longer reported in 2025 (was €471)
- Receivables within one year -€264
down €264 (-4.3%), from €6,222 to €5,958
of which Other amounts receivable: -€228
- Other debts +€2,574
up €2,574 (+364%), from €707 to €3,281
- Trade debts -€877
down €877 (-49.5%), from €1,772 to €895
- Profit (loss) carried forward +€485
up €485, from -€411 to €74
- Tax, wage and social debts -€256
down €256 (-11.0%), from €2,324 to €2,068
- Staff costs -€22,740
down €22,740 (-99.8%), from €22,790 to €50
- Gross operating margin -€21,953
down €21,953 (-82.2%), from €26,719 to €4,766
- Write-downs +€1,566
new in 2025: €1,566
- Financial charges -€1,154
down €1,154 (-46.0%), from €2,511 to €1,357
- Taxes -€955
down €955 (-53.6%), from €1,783 to €828
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 | €7,393 | €9,318 | +€1,925 | +26.0% |
| Current assets | 29/58 | €7,393 | €9,318 | +€1,925 | +26.0% |
| Amounts receivable within one year | 40/41 | €6,222 | €5,958 | -€264 | -4.3% |
| Trade receivables | 40 | €5,994 | €5,958 | -€36 | -0.6% |
| Other amounts receivable | 41 | €228 | - | -€228 | |
| Cash at bank and in hand | 54/58 | €700 | €3,360 | +€2,660 | +380% |
| Deferred charges and accrued income | 490/1 | €471 | - | -€471 | |
| Total equity and liabilities | 10/49 | €7,393 | €9,318 | +€1,925 | +26.0% |
| Equity | 10/15 | €2,589 | €3,074 | +€485 | +18.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411 | €74 | +€485 | |
| Amounts payable | 17/49 | €4,804 | €6,244 | +€1,440 | +30.0% |
| Amounts payable within one year | 42/48 | €4,804 | €6,244 | +€1,440 | +30.0% |
| Trade debts | 44 | €1,772 | €895 | -€877 | -49.5% |
| Suppliers | 440/4 | €1,772 | €895 | -€877 | -49.5% |
| Taxes, remuneration and social security | 45 | €2,324 | €2,068 | -€256 | -11.0% |
| Taxes | 450/3 | €2,324 | €2,068 | -€256 | -11.0% |
| Other amounts payable | 47/48 | €707 | €3,281 | +€2,574 | +364% |
| Remuneration, social security and pensions | 62 | €22,790 | €50 | -€22,740 | -99.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,566 | +€1,566 | |
| Other operating charges | 640/8 | €734 | €480 | -€254 | -34.6% |
| Gross operating margin | 9900 | €26,719 | €4,766 | -€21,953 | -82.2% |
| Operating profit (loss) | 9901 | €3,195 | €2,670 | -€525 | -16.4% |
| Financial income | 75/76B | €688 | - | -€688 | |
| Recurring financial income | 75 | €688 | - | -€688 | |
| Financial charges | 65/66B | €2,511 | €1,357 | -€1,154 | -46.0% |
| Recurring financial charges | 65 | €2,511 | €1,357 | -€1,154 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €1,371 | €1,313 | -€58 | -4.3% |
| Income taxes | 67/77 | €1,783 | €828 | -€955 | -53.6% |
| Profit (loss) for the period | 9904 | -€411 | €485 | +€896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€411 | €485 | +€896 |
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 25 October 2026 via checked.be.