Cophysio: what changed
Two fiscal 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.
Cophysio
Largest movements
- Cash +€24,658
up €24,658 (+120.5%), from €20,469 to €45,127
mainly Net result for the year (+€33,184) and Tax, wage and social debts (+€1,279)
- Deferred charges and accrued income +€8,982
up €8,982 (+73.0%), from €12,300 to €21,282
- Tangible fixed assets +€1,169
new in 2025: €1,169
- Profit (loss) carried forward +€32,351
up €32,351 (+119.3%), from €27,127 to €59,478
- Tax, wage and social debts +€1,279
up €1,279 (+27.5%), from €4,648 to €5,927
- Trade debts +€995
new in 2025: €995
- Gross operating margin +€8,419
up €8,419 (+23.0%), from €36,669 to €45,088
- Financial charges +€1,548
up €1,548 (+175.7%), from €881 to €2,429
- Taxes +€1,446
up €1,446 (+18.5%), from €7,813 to €9,258
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 | €33,135 | €67,734 | +€34,599 | +104.4% |
| Fixed assets | 21/28 | - | €1,169 | +€1,169 | |
| Tangible fixed assets | 22/27 | - | €1,169 | +€1,169 | |
| Furniture and vehicles | 24 | - | €1,169 | +€1,169 | |
| Current assets | 29/58 | €33,135 | €66,565 | +€33,431 | +100.9% |
| Amounts receivable within one year | 40/41 | €365 | €156 | -€209 | -57.3% |
| Other amounts receivable | 41 | €365 | €156 | -€209 | -57.3% |
| Cash at bank and in hand | 54/58 | €20,469 | €45,127 | +€24,658 | +120.5% |
| Deferred charges and accrued income | 490/1 | €12,300 | €21,282 | +€8,982 | +73.0% |
| Total equity and liabilities | 10/49 | €33,135 | €67,734 | +€34,599 | +104.4% |
| Equity | 10/15 | €27,627 | €59,978 | +€32,351 | +117.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,127 | €59,478 | +€32,351 | +119.3% |
| Amounts payable | 17/49 | €5,507 | €7,755 | +€2,248 | +40.8% |
| Amounts payable within one year | 42/48 | €5,507 | €7,755 | +€2,248 | +40.8% |
| Trade debts | 44 | - | €995 | +€995 | |
| Suppliers | 440/4 | - | €995 | +€995 | |
| Taxes, remuneration and social security | 45 | €4,648 | €5,927 | +€1,279 | +27.5% |
| Taxes | 450/3 | €4,648 | €5,927 | +€1,279 | +27.5% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €130 | +€130 | |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €36,669 | €45,088 | +€8,419 | +23.0% |
| Operating profit (loss) | 9901 | €36,669 | €44,857 | +€8,188 | +22.3% |
| Financial income | 75/76B | €11 | €14 | +€3 | +27.5% |
| Recurring financial income | 75 | €11 | €14 | +€3 | +27.5% |
| Financial charges | 65/66B | €881 | €2,429 | +€1,548 | +175.7% |
| Recurring financial charges | 65 | €881 | €2,429 | +€1,548 | +175.7% |
| Profit (loss) for the period before taxes | 9903 | €35,799 | €42,443 | +€6,643 | +18.6% |
| Income taxes | 67/77 | €7,813 | €9,258 | +€1,446 | +18.5% |
| Profit (loss) for the period | 9904 | €27,986 | €33,184 | +€5,198 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,986 | €33,184 | +€5,198 | +18.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.