COIAS: 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.
COIAS
Largest movements
- Deferred charges and accrued income +€17,280
up €17,280 (+877.2%), from €1,970 to €19,250
- Receivables within one year -€16,456
down €16,456 (-48.6%), from €33,880 to €17,424
of which Trade receivables: -€11,858
- Cash -€15,516
down €15,516 (-39.5%), from €39,238 to €23,722
mainly Contributions, distributions and other (-€146,280) and Deferred charges and accrued income (-€17,280)
- Tangible fixed assets -€3,999
down €3,999 (-16.5%), from €24,298 to €20,299
of which Other tangible fixed assets: -€2,408
- Profit (loss) carried forward -€84,382
down €84,382 (-100.0%), from €84,382 to €0
- Other debts +€63,455
up €63,455 (+14882.0%), from €426 to €63,882
- Tax, wage and social debts +€4,403
up €4,403 (+49.5%), from €8,901 to €13,304
of which Remuneration and social security: +€2,552
- Trade debts -€2,517
down €2,517 (-53.8%), from €4,677 to €2,160
- Gross operating margin +€11,416
up €11,416 (+15.2%), from €75,025 to €86,441
- Financial charges +€2,268
up €2,268 (+957.8%), from €237 to €2,504
- Taxes +€1,619
up €1,619 (+10.5%), from €15,402 to €17,021
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 | €99,386 | €80,695 | -€18,691 | -18.8% |
| Fixed assets | 21/28 | €24,298 | €20,299 | -€3,999 | -16.5% |
| Tangible fixed assets | 22/27 | €24,298 | €20,299 | -€3,999 | -16.5% |
| Furniture and vehicles | 24 | €4,855 | €3,265 | -€1,591 | -32.8% |
| Other tangible fixed assets | 26 | €19,442 | €17,034 | -€2,408 | -12.4% |
| Current assets | 29/58 | €75,088 | €60,396 | -€14,692 | -19.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €33,880 | €17,424 | -€16,456 | -48.6% |
| Trade receivables | 40 | €29,282 | €17,424 | -€11,858 | -40.5% |
| Other amounts receivable | 41 | €4,598 | €0 | -€4,598 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,238 | €23,722 | -€15,516 | -39.5% |
| Deferred charges and accrued income | 490/1 | €1,970 | €19,250 | +€17,280 | +877.2% |
| Total equity and liabilities | 10/49 | €99,386 | €80,695 | -€18,691 | -18.8% |
| Equity | 10/15 | €85,382 | €1,000 | -€84,382 | -98.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,382 | €0 | -€84,382 | -100.0% |
| Amounts payable | 17/49 | €14,004 | €79,695 | +€65,691 | +469.1% |
| Amounts payable within one year | 42/48 | €14,004 | €79,345 | +€65,341 | +466.6% |
| Trade debts | 44 | €4,677 | €2,160 | -€2,517 | -53.8% |
| Suppliers | 440/4 | €4,677 | €2,160 | -€2,517 | -53.8% |
| Taxes, remuneration and social security | 45 | €8,901 | €13,304 | +€4,403 | +49.5% |
| Taxes | 450/3 | €8,901 | €10,752 | +€1,851 | +20.8% |
| Remuneration and social security | 454/9 | €0 | €2,552 | +€2,552 | |
| Other amounts payable | 47/48 | €426 | €63,882 | +€63,455 | +14882.0% |
| Accrued charges and deferred income | 492/3 | €0 | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,716 | €3,999 | +€283 | +7.6% |
| Other operating charges | 640/8 | €787 | €520 | -€267 | -33.9% |
| Non-recurring operating charges | 66A | €0 | €500 | +€500 | |
| Gross operating margin | 9900 | €75,025 | €86,441 | +€11,416 | +15.2% |
| Operating profit (loss) | 9901 | €70,523 | €81,422 | +€10,899 | +15.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €237 | €2,504 | +€2,268 | +957.8% |
| Recurring financial charges | 65 | €237 | €2,504 | +€2,268 | +957.8% |
| Profit (loss) for the period before taxes | 9903 | €70,286 | €78,918 | +€8,632 | +12.3% |
| Income taxes | 67/77 | €15,402 | €17,021 | +€1,619 | +10.5% |
| Profit (loss) for the period | 9904 | €54,884 | €61,898 | +€7,013 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,884 | €61,898 | +€7,013 | +12.8% |
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 3 October 2026 via checked.be.