CoopESEM: 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.
CoopESEM
Largest movements
- Cash -€60,739
down €60,739 (-75.5%), from €80,461 to €19,722
mainly Deferred charges and accrued income (-€47,718) and Stocks and contracts (-€23,103)
- Deferred charges and accrued income +€47,718
up €47,718 (+8842.4%), from €540 to €48,258
- Stocks and contracts +€23,103
up €23,103 (+172.0%), from €13,429 to €36,532
- Tangible fixed assets +€5,546
up €5,546 (+108.7%), from €5,100 to €10,646
of which Plant, machinery and equipment: +€5,564
- Financial fixed assets +€2,700
up €2,700 (+67.5%), from €4,000 to €6,700
- Reserves +€30,084
up €30,084 (+83.3%), from €36,114 to €66,198
- Trade debts -€10,017
down €10,017 (-27.3%), from €36,750 to €26,733
- Other debts +€2,524
up €2,524 (+59.4%), from €4,250 to €6,774
- Tax, wage and social debts -€2,292
down €2,292 (-16.3%), from €14,062 to €11,771
of which Remuneration and social security: -€2,169
- Gross operating margin +€30,678
up €30,678 (+24.8%), from €123,637 to €154,315
- Staff costs +€14,423
up €14,423 (+14.1%), from €102,288 to €116,711
- Other operating charges +€2,699
up €2,699 (+258.0%), from €1,046 to €3,745
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 | €107,826 | €128,126 | +€20,300 | +18.8% |
| Fixed assets | 21/28 | €9,100 | €17,346 | +€8,246 | +90.6% |
| Tangible fixed assets | 22/27 | €5,100 | €10,646 | +€5,546 | +108.7% |
| Plant, machinery and equipment | 23 | €5,082 | €10,646 | +€5,564 | +109.5% |
| Furniture and vehicles | 24 | €18 | - | -€18 | |
| Financial fixed assets | 28 | €4,000 | €6,700 | +€2,700 | +67.5% |
| Current assets | 29/58 | €98,726 | €110,780 | +€12,054 | +12.2% |
| Stocks and contracts in progress | 3 | €13,429 | €36,532 | +€23,103 | +172.0% |
| Stocks | 30/36 | €13,429 | €36,532 | +€23,103 | +172.0% |
| Amounts receivable within one year | 40/41 | €4,297 | €6,269 | +€1,972 | +45.9% |
| Trade receivables | 40 | €4,297 | €4,623 | +€327 | +7.6% |
| Other amounts receivable | 41 | - | €1,645 | +€1,645 | |
| Cash at bank and in hand | 54/58 | €80,461 | €19,722 | -€60,739 | -75.5% |
| Deferred charges and accrued income | 490/1 | €540 | €48,258 | +€47,718 | +8842.4% |
| Total equity and liabilities | 10/49 | €107,826 | €128,126 | +€20,300 | +18.8% |
| Equity | 10/15 | €52,764 | €82,848 | +€30,084 | +57.0% |
| Contributions | 10/11 | €16,650 | €16,650 | = | 0.0% |
| Reserves | 13 | €36,114 | €66,198 | +€30,084 | +83.3% |
| Distributable reserves | 133 | €36,114 | €66,198 | +€30,084 | +83.3% |
| Amounts payable | 17/49 | €55,062 | €45,278 | -€9,785 | -17.8% |
| Amounts payable within one year | 42/48 | €55,062 | €45,278 | -€9,785 | -17.8% |
| Trade debts | 44 | €36,750 | €26,733 | -€10,017 | -27.3% |
| Suppliers | 440/4 | €36,750 | €26,733 | -€10,017 | -27.3% |
| Taxes, remuneration and social security | 45 | €14,062 | €11,771 | -€2,292 | -16.3% |
| Taxes | 450/3 | €122 | - | -€122 | |
| Remuneration and social security | 454/9 | €13,940 | €11,771 | -€2,169 | -15.6% |
| Other amounts payable | 47/48 | €4,250 | €6,774 | +€2,524 | +59.4% |
| Non-recurring operating income | 76A | - | €13,476 | +€13,476 | |
| Remuneration, social security and pensions | 62 | €102,288 | €116,711 | +€14,423 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,663 | €2,813 | +€149 | +5.6% |
| Other operating charges | 640/8 | €1,046 | €3,745 | +€2,699 | +258.0% |
| Gross operating margin | 9900 | €123,637 | €154,315 | +€30,678 | +24.8% |
| Operating profit (loss) | 9901 | €17,639 | €31,046 | +€13,407 | +76.0% |
| Financial income | 75/76B | €3 | €14 | +€10 | +327.3% |
| Recurring financial income | 75 | €3 | €14 | +€10 | +327.3% |
| Financial charges | 65/66B | €1,526 | €975 | -€550 | -36.1% |
| Recurring financial charges | 65 | €1,526 | €975 | -€550 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €16,117 | €30,084 | +€13,967 | +86.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €16,117 | €30,084 | +€13,967 | +86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,117 | €30,084 | +€13,967 | +86.7% |
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 9 October 2026 via checked.be.