COFOMA CONSEILS: 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.
COFOMA CONSEILS
Largest movements
- Receivables within one year -€23,978
down €23,978 (-85.2%), from €28,149 to €4,171
of which Other amounts receivable: -€28,149
- Tangible fixed assets -€19,666
down €19,666 (-86.7%), from €22,678 to €3,013
- Other debts -€36,145
down €36,145 (-31.0%), from €116,520 to €80,375
- Trade debts +€26,493
up €26,493 (+32.4%), from €81,841 to €108,335
- Tax, wage and social debts -€25,208
down €25,208 (-38.8%), from €64,933 to €39,725
of which Remuneration and social security: -€23,307
- Debts after one year -€14,820
down €14,820 (-100%), from €14,820 to €0
- Short-term financial debts +€10,081
up €10,081 (+1,183%), from €852 to €10,933
- Gross operating margin -€109,366
down €109,366 (-16.1%), from €680,505 to €571,140
- Staff costs -€58,671
down €58,671 (-11.8%), from €498,450 to €439,780
- Taxes -€11,765
down €11,765 (-24.5%), from €48,106 to €36,340
- Depreciation -€9,107
down €9,107 (-60.5%), from €15,047 to €5,940
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 | €511,884 | €464,764 | -€47,120 | -9.2% |
| Fixed assets | 21/28 | €22,918 | €3,253 | -€19,666 | -85.8% |
| Tangible fixed assets | 22/27 | €22,678 | €3,013 | -€19,666 | -86.7% |
| Furniture and vehicles | 24 | €22,678 | €3,013 | -€19,666 | -86.7% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €488,966 | €461,511 | -€27,455 | -5.6% |
| Amounts receivable within one year | 40/41 | €28,149 | €4,171 | -€23,978 | -85.2% |
| Trade receivables | 40 | - | €4,171 | +€4,171 | |
| Other amounts receivable | 41 | €28,149 | €0 | -€28,149 | -100% |
| Current investments | 50/53 | €243,111 | €244,499 | +€1,388 | +0.6% |
| Cash at bank and in hand | 54/58 | €91,241 | €87,742 | -€3,500 | -3.8% |
| Deferred charges and accrued income | 490/1 | €126,466 | €125,101 | -€1,365 | -1.1% |
| Total equity and liabilities | 10/49 | €511,884 | €464,764 | -€47,120 | -9.2% |
| Equity | 10/15 | €221,129 | €221,878 | +€749 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,860 | €201,860 | = | 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% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €669 | €1,418 | +€749 | +112% |
| Amounts payable | 17/49 | €290,755 | €242,886 | -€47,869 | -16.5% |
| Amounts payable after more than one year | 17 | €14,820 | €0 | -€14,820 | -100% |
| Financial debts | 170/4 | €14,820 | €0 | -€14,820 | -100% |
| Amounts payable within one year | 42/48 | €275,935 | €242,886 | -€33,049 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €11,789 | €3,519 | -€8,271 | -70.2% |
| Financial debts | 43 | €852 | €10,933 | +€10,081 | +1,183% |
| Other loans | 439 | €852 | €10,933 | +€10,081 | +1,183% |
| Trade debts | 44 | €81,841 | €108,335 | +€26,493 | +32.4% |
| Suppliers | 440/4 | €81,841 | €108,335 | +€26,493 | +32.4% |
| Taxes, remuneration and social security | 45 | €64,933 | €39,725 | -€25,208 | -38.8% |
| Taxes | 450/3 | €3,001 | €1,100 | -€1,901 | -63.3% |
| Remuneration and social security | 454/9 | €61,932 | €38,625 | -€23,307 | -37.6% |
| Other amounts payable | 47/48 | €116,520 | €80,375 | -€36,145 | -31.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €498,450 | €439,780 | -€58,671 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,047 | €5,940 | -€9,107 | -60.5% |
| Other operating charges | 640/8 | €1,266 | €1,727 | +€462 | +36.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €680,505 | €571,140 | -€109,366 | -16.1% |
| Operating profit (loss) | 9901 | €165,742 | €123,692 | -€42,050 | -25.4% |
| Financial income | 75/76B | €7,951 | €4,113 | -€3,838 | -48.3% |
| Recurring financial income | 75 | €7,951 | €4,113 | -€3,838 | -48.3% |
| Financial charges | 65/66B | €11,195 | €10,341 | -€854 | -7.6% |
| Recurring financial charges | 65 | €11,195 | €10,341 | -€854 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €162,498 | €117,464 | -€45,034 | -27.7% |
| Income taxes | 67/77 | €48,106 | €36,340 | -€11,765 | -24.5% |
| Profit (loss) for the period | 9904 | €114,392 | €81,124 | -€33,268 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,392 | €81,124 | -€33,268 | -29.1% |
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 23 October 2026 via checked.be.