COIBA: 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.
COIBA
Largest movements
- Receivables within one year -€5,900
down €5,900 (-70.9%), from €8,319 to €2,419
of which Trade receivables: -€6,780
- Cash -€4,896
down €4,896 (-6.4%), from €76,430 to €71,534
mainly Contributions, distributions and other (-€61,600) and Investment in fixed assets (net) (-€6,347)
- Tangible fixed assets +€4,713
up €4,713 (+749.3%), from €629 to €5,342
of which Furniture and vehicles: +€3,373
- Current investments +€2,101
up €2,101 (+9.2%), from €22,777 to €24,878
- Other debts -€2,606
down €2,606 (-4.1%), from €64,206 to €61,600
- Tax, wage and social debts -€1,947
down €1,947 (-45.6%), from €4,270 to €2,322
- Financial income +€19,784
up €19,784 (+920.3%), from €2,150 to €21,934
- Gross operating margin -€19,275
down €19,275 (-25.3%), from €76,160 to €56,885
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 | €122,368 | €117,935 | -€4,433 | -3.6% |
| Fixed assets | 21/28 | €629 | €5,342 | +€4,713 | +749.3% |
| Tangible fixed assets | 22/27 | €629 | €5,342 | +€4,713 | +749.3% |
| Plant, machinery and equipment | 23 | €629 | €1,968 | +€1,339 | +212.9% |
| Furniture and vehicles | 24 | - | €3,373 | +€3,373 | |
| Current assets | 29/58 | €121,739 | €112,594 | -€9,146 | -7.5% |
| Amounts receivable within one year | 40/41 | €8,319 | €2,419 | -€5,900 | -70.9% |
| Trade receivables | 40 | €8,119 | €1,339 | -€6,780 | -83.5% |
| Other amounts receivable | 41 | €200 | €1,080 | +€880 | +440.2% |
| Current investments | 50/53 | €22,777 | €24,878 | +€2,101 | +9.2% |
| Cash at bank and in hand | 54/58 | €76,430 | €71,534 | -€4,896 | -6.4% |
| Deferred charges and accrued income | 490/1 | €14,214 | €13,763 | -€451 | -3.2% |
| Total equity and liabilities | 10/49 | €122,368 | €117,935 | -€4,433 | -3.6% |
| Equity | 10/15 | €51,724 | €51,724 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,124 | €33,124 | = | 0.0% |
| Tax-exempt reserves | 132 | €552 | €552 | = | 0.0% |
| Distributable reserves | 133 | €32,572 | €32,572 | = | 0.0% |
| Amounts payable | 17/49 | €70,644 | €66,211 | -€4,433 | -6.3% |
| Amounts payable within one year | 42/48 | €70,644 | €66,211 | -€4,433 | -6.3% |
| Trade debts | 44 | €2,169 | €2,289 | +€120 | +5.5% |
| Suppliers | 440/4 | €2,169 | €2,289 | +€120 | +5.5% |
| Taxes, remuneration and social security | 45 | €4,270 | €2,322 | -€1,947 | -45.6% |
| Taxes | 450/3 | €4,270 | €2,322 | -€1,947 | -45.6% |
| Other amounts payable | 47/48 | €64,206 | €61,600 | -€2,606 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,124 | €1,635 | +€511 | +45.4% |
| Gross operating margin | 9900 | €76,160 | €56,885 | -€19,275 | -25.3% |
| Operating profit (loss) | 9901 | €75,036 | €55,251 | -€19,785 | -26.4% |
| Financial income | 75/76B | €2,150 | €21,934 | +€19,784 | +920.3% |
| Recurring financial income | 75 | €2,150 | €21,934 | +€19,784 | +920.3% |
| Financial charges | 65/66B | -€17 | €241 | +€258 | |
| Recurring financial charges | 65 | -€17 | €241 | +€258 | |
| Profit (loss) for the period before taxes | 9903 | €77,203 | €76,943 | -€259 | -0.3% |
| Income taxes | 67/77 | €15,397 | €15,344 | -€54 | -0.3% |
| Profit (loss) for the period | 9904 | €61,806 | €61,600 | -€206 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,806 | €61,600 | -€206 | -0.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.