COOREVITS: 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.
COOREVITS
Largest movements
- Current investments +€460,000
up €460,000 (+56.3%), from €817,406 to €1.3m
- Tangible fixed assets -€148,016
down €148,016 (-7.9%), from €1.9m to €1.7m
of which Land and buildings: -€125,504
- Intangible fixed assets -€73,330
down €73,330 (-39.2%), from €186,991 to €113,661
- Cash -€44,694
down €44,694 (-6.2%), from €722,123 to €677,429
mainly Current investments (-€460,000) and Other debts (-€203,217)
- Reserves +€496,190
up €496,190 (+32.6%), from €1.5m to €2.0m
of which Distributable reserves: +€496,190
- Other debts -€203,217
no longer reported in 2025 (was €203,217)
- Debts after one year -€159,595
down €159,595 (-9.9%), from €1.6m to €1.5m
- Tax, wage and social debts +€87,365
up €87,365 (+168%), from €51,878 to €139,243
of which Taxes: +€85,736
- Gross operating margin +€379,585
up €379,585 (+30.6%), from €1.2m to €1.6m
- Depreciation +€126,060
up €126,060 (+46.3%), from €272,059 to €398,119
- Staff costs +€63,645
up €63,645 (+17.2%), from €370,490 to €434,135
- Taxes +€59,594
up €59,594 (+34.3%), from €173,795 to €233,390
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.
Derived cash bridge
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 | €3,894,375 | €4,102,599 | +€208,224 | +5.3% |
| Fixed assets | 21/28 | €2,068,652 | €1,847,306 | -€221,346 | -10.7% |
| Intangible fixed assets | 21 | €186,991 | €113,661 | -€73,330 | -39.2% |
| Tangible fixed assets | 22/27 | €1,881,661 | €1,733,645 | -€148,016 | -7.9% |
| Land and buildings | 22 | €1,484,492 | €1,358,988 | -€125,504 | -8.5% |
| Plant, machinery and equipment | 23 | €119,260 | €90,636 | -€28,623 | -24.0% |
| Furniture and vehicles | 24 | €277,910 | €284,020 | +€6,110 | +2.2% |
| Current assets | 29/58 | €1,825,723 | €2,255,293 | +€429,570 | +23.5% |
| Stocks and contracts in progress | 3 | €67,255 | €77,930 | +€10,674 | +15.9% |
| Stocks | 30/36 | €67,255 | €77,930 | +€10,674 | +15.9% |
| Amounts receivable within one year | 40/41 | €207,023 | €209,864 | +€2,841 | +1.4% |
| Trade receivables | 40 | €198,153 | €205,664 | +€7,510 | +3.8% |
| Other amounts receivable | 41 | €8,870 | €4,200 | -€4,670 | -52.6% |
| Current investments | 50/53 | €817,406 | €1,277,406 | +€460,000 | +56.3% |
| Cash at bank and in hand | 54/58 | €722,123 | €677,429 | -€44,694 | -6.2% |
| Deferred charges and accrued income | 490/1 | €11,916 | €12,665 | +€749 | +6.3% |
| Total equity and liabilities | 10/49 | €3,894,375 | €4,102,599 | +€208,224 | +5.3% |
| Equity | 10/15 | €1,742,493 | €2,238,688 | +€496,195 | +28.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,521,071 | €2,017,261 | +€496,190 | +32.6% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,676 | €8,676 | = | 0.0% |
| Distributable reserves | 133 | €1,512,395 | €2,008,585 | +€496,190 | +32.8% |
| Profit (loss) carried forward | 14 | €202,822 | €202,828 | +€5 | 0.0% |
| Amounts payable | 17/49 | €2,151,882 | €1,863,910 | -€287,971 | -13.4% |
| Amounts payable after more than one year | 17 | €1,617,411 | €1,457,816 | -€159,595 | -9.9% |
| Financial debts | 170/4 | €1,617,411 | €1,457,816 | -€159,595 | -9.9% |
| Amounts payable within one year | 42/48 | €533,221 | €397,789 | -€135,432 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €157,389 | €161,648 | +€4,259 | +2.7% |
| Trade debts | 44 | €120,737 | €96,898 | -€23,839 | -19.7% |
| Suppliers | 440/4 | €120,737 | €96,898 | -€23,839 | -19.7% |
| Taxes, remuneration and social security | 45 | €51,878 | €139,243 | +€87,365 | +168% |
| Taxes | 450/3 | €5,043 | €90,779 | +€85,736 | +1,700% |
| Remuneration and social security | 454/9 | €46,835 | €48,464 | +€1,629 | +3.5% |
| Other amounts payable | 47/48 | €203,217 | - | -€203,217 | |
| Accrued charges and deferred income | 492/3 | €1,250 | €8,306 | +€7,056 | +564% |
| Remuneration, social security and pensions | 62 | €370,490 | €434,135 | +€63,645 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272,059 | €398,119 | +€126,060 | +46.3% |
| Other operating charges | 640/8 | €20,857 | €20,707 | -€150 | -0.7% |
| Gross operating margin | 9900 | €1,240,428 | €1,620,013 | +€379,585 | +30.6% |
| Operating profit (loss) | 9901 | €577,021 | €767,051 | +€190,030 | +32.9% |
| Financial income | 75/76B | €16,630 | €19,650 | +€3,019 | +18.2% |
| Recurring financial income | 75 | €16,630 | €19,650 | +€3,019 | +18.2% |
| Financial charges | 65/66B | €46,536 | €57,116 | +€10,580 | +22.7% |
| Recurring financial charges | 65 | €46,536 | €57,116 | +€10,580 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €547,115 | €729,585 | +€182,469 | +33.4% |
| Income taxes | 67/77 | €173,795 | €233,390 | +€59,594 | +34.3% |
| Profit (loss) for the period | 9904 | €373,320 | €496,195 | +€122,875 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €373,320 | €496,195 | +€122,875 | +32.9% |
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 19 October 2026 via checked.be.