COOVERA: 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.
COOVERA
Largest movements
- Cash -€135,087
down €135,087 (-82.1%), from €164,487 to €29,401
mainly Current investments (-€125,000) and Net result for the year (-€44,268)
- Current investments +€125,000
up €125,000 (+50.0%), from €250,000 to €375,000
- Tangible fixed assets -€14,685
down €14,685 (-5.1%), from €289,285 to €274,599
- Deferred charges and accrued income -€14,328
down €14,328 (-87.7%), from €16,329 to €2,002
- Profit (loss) carried forward -€43,120
down €43,120, from €788 to -€42,332
- Gross operating margin -€32,942
down €32,942, from €9,096 to -€23,846
- Financial income +€4,342
up €4,342 (+43.4%), from €10,010 to €14,352
- Financial charges +€1,038
up €1,038 (+519%), from €200 to €1,238
- Other operating charges +€897
up €897 (+27.8%), from €3,224 to €4,121
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 | €729,791 | €687,691 | -€42,100 | -5.8% |
| Fixed assets | 21/28 | €289,285 | €274,599 | -€14,685 | -5.1% |
| Tangible fixed assets | 22/27 | €289,285 | €274,599 | -€14,685 | -5.1% |
| Land and buildings | 22 | €289,285 | €274,599 | -€14,685 | -5.1% |
| Current assets | 29/58 | €440,507 | €413,092 | -€27,415 | -6.2% |
| Amounts receivable within one year | 40/41 | €9,690 | €6,689 | -€3,001 | -31.0% |
| Trade receivables | 40 | €6,987 | €0 | -€6,987 | -100% |
| Other amounts receivable | 41 | €2,703 | €6,689 | +€3,986 | +147% |
| Current investments | 50/53 | €250,000 | €375,000 | +€125,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €164,487 | €29,401 | -€135,087 | -82.1% |
| Deferred charges and accrued income | 490/1 | €16,329 | €2,002 | -€14,328 | -87.7% |
| Total equity and liabilities | 10/49 | €729,791 | €687,691 | -€42,100 | -5.8% |
| Equity | 10/15 | €119,827 | €75,559 | -€44,268 | -36.9% |
| Contributions | 10/11 | €100,482 | €100,482 | = | 0.0% |
| Capital | 10 | €100,482 | €100,482 | = | 0.0% |
| Issued capital | 100 | €100,482 | €100,482 | = | 0.0% |
| Reserves | 13 | €18,558 | €17,410 | -€1,148 | -6.2% |
| Non-distributable reserves | 130/1 | €13,000 | €13,000 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €5,558 | €4,410 | -€1,148 | -20.7% |
| Profit (loss) carried forward | 14 | €788 | -€42,332 | -€43,120 | |
| Amounts payable | 17/49 | €609,964 | €612,132 | +€2,167 | +0.4% |
| Amounts payable within one year | 42/48 | €609,941 | €612,127 | +€2,186 | +0.4% |
| Trade debts | 44 | €7,168 | €14,119 | +€6,951 | +97.0% |
| Suppliers | 440/4 | €7,168 | €14,119 | +€6,951 | +97.0% |
| Taxes, remuneration and social security | 45 | €2,614 | €0 | -€2,614 | -100% |
| Taxes | 450/3 | €2,614 | €0 | -€2,614 | -100% |
| Other amounts payable | 47/48 | €600,159 | €598,008 | -€2,151 | -0.4% |
| Accrued charges and deferred income | 492/3 | €23 | €4 | -€18 | -80.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,753 | €14,685 | -€68 | -0.5% |
| Other operating charges | 640/8 | €3,224 | €4,121 | +€897 | +27.8% |
| Non-recurring operating charges | 66A | - | €14,410 | +€14,410 | |
| Gross operating margin | 9900 | €9,096 | -€23,846 | -€32,942 | |
| Operating profit (loss) | 9901 | -€8,882 | -€57,062 | -€48,180 | -542% |
| Financial income | 75/76B | €10,010 | €14,352 | +€4,342 | +43.4% |
| Recurring financial income | 75 | €10,010 | €14,352 | +€4,342 | +43.4% |
| Financial charges | 65/66B | €200 | €1,238 | +€1,038 | +519% |
| Recurring financial charges | 65 | €200 | €1,238 | +€1,038 | +519% |
| Profit (loss) for the period before taxes | 9903 | €928 | -€43,948 | -€44,876 | |
| Income taxes | 67/77 | €300 | €320 | +€20 | +6.7% |
| Profit (loss) for the period | 9904 | €629 | -€44,268 | -€44,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €629 | -€44,268 | -€44,896 |
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 21 October 2026 via checked.be.