COFISNACK: 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.
COFISNACK
Largest movements
- Cash +€6,063
up €6,063 (+173.1%), from €3,503 to €9,566
mainly Net result for the year (+€5,575) and Trade debts (+€692)
- Receivables within one year +€313
up €313 (+132.1%), from €237 to €550
- Profit (loss) carried forward +€5,575
up €5,575 (+32.4%), from -€17,204 to -€11,629
- Trade debts +€692
up €692 (+39.2%), from €1,764 to €2,456
- Other debts -€246
down €246 (-40.7%), from €605 to €359
- Tax, wage and social debts +€226
up €226 (+45.5%), from €497 to €723
- Gross operating margin -€3,163
down €3,163 (-24.9%), from €12,678 to €9,515
- Depreciation -€793
down €793 (-94.9%), from €836 to €43
- Financial charges +€139
up €139 (+14.0%), from €996 to €1,135
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 | €5,755 | €12,002 | +€6,247 | +108.5% |
| Formation expenses | 20 | €43 | - | -€43 | |
| Current assets | 29/58 | €5,712 | €12,002 | +€6,290 | +110.1% |
| Stocks and contracts in progress | 3 | €545 | €445 | -€100 | -18.3% |
| Stocks | 30/36 | €545 | €445 | -€100 | -18.3% |
| Amounts receivable within one year | 40/41 | €237 | €550 | +€313 | +132.1% |
| Trade receivables | 40 | €237 | €550 | +€313 | +132.1% |
| Cash at bank and in hand | 54/58 | €3,503 | €9,566 | +€6,063 | +173.1% |
| Deferred charges and accrued income | 490/1 | €1,427 | €1,441 | +€14 | +1.0% |
| Total equity and liabilities | 10/49 | €5,755 | €12,002 | +€6,247 | +108.5% |
| Equity | 10/15 | €2,889 | €8,464 | +€5,575 | +193.0% |
| Contributions | 10/11 | €20,093 | €20,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,204 | -€11,629 | +€5,575 | +32.4% |
| Amounts payable | 17/49 | €2,866 | €3,538 | +€672 | +23.4% |
| Amounts payable within one year | 42/48 | €2,866 | €3,538 | +€672 | +23.4% |
| Trade debts | 44 | €1,764 | €2,456 | +€692 | +39.2% |
| Suppliers | 440/4 | €1,764 | €2,456 | +€692 | +39.2% |
| Taxes, remuneration and social security | 45 | €497 | €723 | +€226 | +45.5% |
| Taxes | 450/3 | €497 | €723 | +€226 | +45.5% |
| Other amounts payable | 47/48 | €605 | €359 | -€246 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €43 | -€793 | -94.9% |
| Other operating charges | 640/8 | €2,717 | €2,762 | +€45 | +1.7% |
| Gross operating margin | 9900 | €12,678 | €9,515 | -€3,163 | -24.9% |
| Operating profit (loss) | 9901 | €9,125 | €6,710 | -€2,415 | -26.5% |
| Financial charges | 65/66B | €996 | €1,135 | +€139 | +14.0% |
| Recurring financial charges | 65 | €996 | €1,135 | +€139 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €8,129 | €5,575 | -€2,554 | -31.4% |
| Profit (loss) for the period | 9904 | €8,129 | €5,575 | -€2,554 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,129 | €5,575 | -€2,554 | -31.4% |
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.