COFRIDENT: 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.
COFRIDENT
Largest movements
- Cash +€60,626
up €60,626 (+15.3%), from €396,294 to €456,920
mainly Net result for the year (+€81,563) and Tax, wage and social debts (+€9,643)
- Reserves +€81,563
up €81,563 (+24.2%), from €336,995 to €418,557
of which Distributable reserves: +€83,422
- Other debts -€32,433
down €32,433 (-60.8%), from €53,304 to €20,871
- Tax, wage and social debts +€9,643
up €9,643 (+170.3%), from €5,661 to €15,304
- Gross operating margin +€7,045
up €7,045 (+5.9%), from €119,730 to €126,775
- Other operating charges -€5,139
down €5,139 (-85.7%), from €5,997 to €857
- Taxes +€4,482
up €4,482 (+12.7%), from €35,161 to €39,643
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 | €418,742 | €477,244 | +€58,502 | +14.0% |
| Fixed assets | 21/28 | €2,232 | €4,893 | +€2,661 | +119.2% |
| Tangible fixed assets | 22/27 | €2,232 | €4,893 | +€2,661 | +119.2% |
| Furniture and vehicles | 24 | €2,232 | €4,893 | +€2,661 | +119.2% |
| Current assets | 29/58 | €416,510 | €472,351 | +€55,841 | +13.4% |
| Stocks and contracts in progress | 3 | €656 | €690 | +€34 | +5.1% |
| Stocks | 30/36 | €656 | €690 | +€34 | +5.1% |
| Amounts receivable within one year | 40/41 | €6,155 | €4,964 | -€1,190 | -19.3% |
| Trade receivables | 40 | €6,155 | €4,964 | -€1,190 | -19.3% |
| Cash at bank and in hand | 54/58 | €396,294 | €456,920 | +€60,626 | +15.3% |
| Deferred charges and accrued income | 490/1 | €13,405 | €9,777 | -€3,628 | -27.1% |
| Total equity and liabilities | 10/49 | €418,742 | €477,244 | +€58,502 | +14.0% |
| Equity | 10/15 | €356,061 | €437,624 | +€81,563 | +22.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €336,995 | €418,557 | +€81,563 | +24.2% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €11,335 | €11,335 | = | 0.0% |
| Distributable reserves | 133 | €323,800 | €407,222 | +€83,422 | +25.8% |
| Profit (loss) carried forward | 14 | €474 | €474 | = | 0.0% |
| Amounts payable | 17/49 | €62,681 | €39,620 | -€23,061 | -36.8% |
| Amounts payable within one year | 42/48 | €62,681 | €39,620 | -€23,061 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €431 | €429 | -€1 | -0.3% |
| Trade debts | 44 | €3,285 | €3,016 | -€269 | -8.2% |
| Suppliers | 440/4 | €3,285 | €3,016 | -€269 | -8.2% |
| Taxes, remuneration and social security | 45 | €5,661 | €15,304 | +€9,643 | +170.3% |
| Taxes | 450/3 | €5,661 | €15,304 | +€9,643 | +170.3% |
| Other amounts payable | 47/48 | €53,304 | €20,871 | -€32,433 | -60.8% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814 | €898 | +€84 | +10.3% |
| Other operating charges | 640/8 | €5,997 | €857 | -€5,139 | -85.7% |
| Gross operating margin | 9900 | €119,730 | €126,775 | +€7,045 | +5.9% |
| Operating profit (loss) | 9901 | €112,919 | €125,020 | +€12,101 | +10.7% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €4,649 | €3,914 | -€735 | -15.8% |
| Recurring financial charges | 65 | €4,649 | €3,914 | -€735 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €108,270 | €121,206 | +€12,936 | +11.9% |
| Income taxes | 67/77 | €35,161 | €39,643 | +€4,482 | +12.7% |
| Profit (loss) for the period | 9904 | €73,109 | €81,563 | +€8,453 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,109 | €81,563 | +€8,453 | +11.6% |
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 6 October 2026 via checked.be.