COIFF'B: 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.
COIFF'B
Largest movements
- Cash +€38,423
up €38,423 (+71.4%), from €53,832 to €92,255
mainly Net result for the year (+€16,511) and Depreciation (+€16,321)
- Tangible fixed assets -€13,877
down €13,877 (-19.2%), from €72,227 to €58,349
of which Furniture and vehicles: -€12,188
- Reserves +€12,396
new in 2025: €12,396
- Tax, wage and social debts +€4,902
up €4,902 (+120.7%), from €4,061 to €8,963
of which Taxes: +€4,968
- Other debts +€4,690
up €4,690 (+6.0%), from €78,310 to €83,001
- Profit (loss) carried forward +€4,115
no longer reported in 2025 (was -€4,115)
- Taxes +€4,996
new in 2025: €4,996
- Gross operating margin +€3,695
up €3,695 (+6.8%), from €54,727 to €58,422
- Staff costs -€2,550
down €2,550 (-11.3%), from €22,551 to €20,002
- Depreciation -€1,496
down €1,496 (-8.4%), from €17,817 to €16,321
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 | €141,294 | €166,376 | +€25,082 | +17.8% |
| Fixed assets | 21/28 | €74,374 | €60,497 | -€13,877 | -18.7% |
| Tangible fixed assets | 22/27 | €72,227 | €58,349 | -€13,877 | -19.2% |
| Land and buildings | 22 | €266 | €266 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,857 | €4,834 | -€23 | -0.5% |
| Furniture and vehicles | 24 | €46,121 | €33,933 | -€12,188 | -26.4% |
| Other tangible fixed assets | 26 | €20,983 | €19,317 | -€1,666 | -7.9% |
| Financial fixed assets | 28 | €2,148 | €2,148 | = | 0.0% |
| Current assets | 29/58 | €66,920 | €105,879 | +€38,959 | +58.2% |
| Stocks and contracts in progress | 3 | €10,541 | €10,554 | +€12 | +0.1% |
| Stocks | 30/36 | €10,541 | €10,554 | +€12 | +0.1% |
| Amounts receivable within one year | 40/41 | €73 | €552 | +€479 | +658.8% |
| Trade receivables | 40 | - | €552 | +€552 | |
| Other amounts receivable | 41 | €73 | - | -€73 | |
| Cash at bank and in hand | 54/58 | €53,832 | €92,255 | +€38,423 | +71.4% |
| Deferred charges and accrued income | 490/1 | €2,473 | €2,518 | +€45 | +1.8% |
| Total equity and liabilities | 10/49 | €141,294 | €166,376 | +€25,082 | +17.8% |
| Equity | 10/15 | €57,858 | €74,369 | +€16,511 | +28.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | - | €12,396 | +€12,396 | |
| Distributable reserves | 133 | - | €12,396 | +€12,396 | |
| Profit (loss) carried forward | 14 | -€4,115 | - | +€4,115 | |
| Amounts payable | 17/49 | €83,436 | €92,007 | +€8,571 | +10.3% |
| Amounts payable within one year | 42/48 | €83,436 | €92,007 | +€8,571 | +10.3% |
| Trade debts | 44 | €1,065 | €43 | -€1,021 | -95.9% |
| Suppliers | 440/4 | €1,065 | €43 | -€1,021 | -95.9% |
| Taxes, remuneration and social security | 45 | €4,061 | €8,963 | +€4,902 | +120.7% |
| Taxes | 450/3 | €1,249 | €6,217 | +€4,968 | +397.8% |
| Remuneration and social security | 454/9 | €2,812 | €2,746 | -€66 | -2.4% |
| Other amounts payable | 47/48 | €78,310 | €83,001 | +€4,690 | +6.0% |
| Remuneration, social security and pensions | 62 | €22,551 | €20,002 | -€2,550 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,817 | €16,321 | -€1,496 | -8.4% |
| Other operating charges | 640/8 | €1,014 | €1,036 | +€22 | +2.2% |
| Gross operating margin | 9900 | €54,727 | €58,422 | +€3,695 | +6.8% |
| Operating profit (loss) | 9901 | €13,345 | €21,063 | +€7,718 | +57.8% |
| Financial income | 75/76B | €167 | €743 | +€576 | +344.2% |
| Recurring financial income | 75 | €167 | €743 | +€576 | +344.2% |
| Financial charges | 65/66B | €352 | €299 | -€54 | -15.2% |
| Recurring financial charges | 65 | €352 | €299 | -€54 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €13,160 | €21,507 | +€8,348 | +63.4% |
| Income taxes | 67/77 | - | €4,996 | +€4,996 | |
| Profit (loss) for the period | 9904 | €13,160 | €16,511 | +€3,351 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,160 | €16,511 | +€3,351 | +25.5% |
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 11 October 2026 via checked.be.