COFRAN: 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.
COFRAN
Largest movements
- Cash +€18,447
up €18,447 (+17.8%), from €103,873 to €122,320
mainly Depreciation (+€13,755) and Accrued charges and deferred income (+€7,064)
- Tangible fixed assets -€12,759
down €12,759 (-44.6%), from €28,629 to €15,870
of which Furniture and vehicles: -€13,321
- Accrued charges and deferred income +€7,064
up €7,064 (+33.5%), from €21,096 to €28,160
- Other debts -€5,825
down €5,825 (-26.6%), from €21,914 to €16,088
- Reserves +€5,317
up €5,317 (+19.5%), from €27,298 to €32,614
of which Distributable reserves: +€5,317
- Trade debts -€4,912
down €4,912 (-72.5%), from €6,772 to €1,860
- Debts after one year +€1,750
up €1,750 (+4.0%), from €43,250 to €45,000
- Other operating charges -€2,940
down €2,940 (-33.4%), from €8,801 to €5,860
- Gross operating margin +€1,358
up €1,358 (+4.2%), from €32,696 to €34,054
- Taxes +€1,323
up €1,323 (+28.8%), from €4,588 to €5,911
- Financial charges +€1,140
up €1,140 (+45.4%), from €2,510 to €3,650
- Depreciation -€956
down €956 (-6.5%), from €14,711 to €13,755
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,004 | €143,200 | +€4,196 | +3.0% |
| Fixed assets | 21/28 | €28,629 | €15,870 | -€12,759 | -44.6% |
| Tangible fixed assets | 22/27 | €28,629 | €15,870 | -€12,759 | -44.6% |
| Land and buildings | 22 | €1,231 | €955 | -€276 | -22.4% |
| Plant, machinery and equipment | 23 | - | €839 | +€839 | |
| Furniture and vehicles | 24 | €27,398 | €14,076 | -€13,321 | -48.6% |
| Current assets | 29/58 | €110,375 | €127,330 | +€16,955 | +15.4% |
| Stocks and contracts in progress | 3 | €1,257 | €520 | -€737 | -58.6% |
| Stocks | 30/36 | €1,257 | €520 | -€737 | -58.6% |
| Amounts receivable within one year | 40/41 | €2,638 | €1,917 | -€722 | -27.4% |
| Trade receivables | 40 | €1,322 | €609 | -€712 | -53.9% |
| Other amounts receivable | 41 | €1,316 | €1,307 | -€9 | -0.7% |
| Cash at bank and in hand | 54/58 | €103,873 | €122,320 | +€18,447 | +17.8% |
| Deferred charges and accrued income | 490/1 | €2,608 | €2,574 | -€34 | -1.3% |
| Total equity and liabilities | 10/49 | €139,004 | €143,200 | +€4,196 | +3.0% |
| Equity | 10/15 | €45,898 | €51,214 | +€5,317 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,298 | €32,614 | +€5,317 | +19.5% |
| Non-distributable reserves | 130/1 | €419 | €419 | = | 0.0% |
| Reserves not available under the articles | 1311 | €419 | €419 | = | 0.0% |
| Distributable reserves | 133 | €26,879 | €32,196 | +€5,317 | +19.8% |
| Amounts payable | 17/49 | €93,106 | €91,986 | -€1,120 | -1.2% |
| Amounts payable after more than one year | 17 | €43,250 | €45,000 | +€1,750 | +4.0% |
| Other amounts payable | 178/9 | €43,250 | €45,000 | +€1,750 | +4.0% |
| Amounts payable within one year | 42/48 | €28,761 | €18,826 | -€9,934 | -34.5% |
| Trade debts | 44 | €6,772 | €1,860 | -€4,912 | -72.5% |
| Suppliers | 440/4 | €6,772 | €1,860 | -€4,912 | -72.5% |
| Taxes, remuneration and social security | 45 | €75 | €878 | +€803 | +1071.7% |
| Taxes | 450/3 | €75 | €878 | +€803 | +1071.7% |
| Other amounts payable | 47/48 | €21,914 | €16,088 | -€5,825 | -26.6% |
| Accrued charges and deferred income | 492/3 | €21,096 | €28,160 | +€7,064 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,711 | €13,755 | -€956 | -6.5% |
| Other operating charges | 640/8 | €8,801 | €5,860 | -€2,940 | -33.4% |
| Gross operating margin | 9900 | €32,696 | €34,054 | +€1,358 | +4.2% |
| Operating profit (loss) | 9901 | €9,184 | €14,439 | +€5,255 | +57.2% |
| Financial income | 75/76B | €499 | €438 | -€61 | -12.3% |
| Recurring financial income | 75 | €222 | €438 | +€216 | +97.7% |
| Non-recurring financial income | 76B | €278 | - | -€278 | |
| Financial charges | 65/66B | €2,510 | €3,650 | +€1,140 | +45.4% |
| Recurring financial charges | 65 | €2,510 | €3,650 | +€1,140 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | €7,173 | €11,227 | +€4,054 | +56.5% |
| Income taxes | 67/77 | €4,588 | €5,911 | +€1,323 | +28.8% |
| Profit (loss) for the period | 9904 | €2,585 | €5,317 | +€2,731 | +105.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,585 | €5,317 | +€2,731 | +105.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.