Coufo Studio: 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.
Coufo Studio
Largest movements
- Receivables within one year +€24,790
up €24,790 (+90.9%), from €27,275 to €52,066
of which Trade receivables: +€23,950
- Tangible fixed assets +€22,840
up €22,840 (+502.8%), from €4,543 to €27,383
- Cash +€15,127
up €15,127 (+126.3%), from €11,981 to €27,108
mainly Net result for the year (+€58,977) and Tax, wage and social debts (+€5,076)
- Deferred charges and accrued income +€3,597
up €3,597 (+454.8%), from €791 to €4,388
- Profit (loss) carried forward +€57,311
up €57,311 (+191.8%), from €29,873 to €87,185
- Tax, wage and social debts +€5,076
up €5,076 (+47.1%), from €10,770 to €15,845
- Trade debts +€2,110
up €2,110 (+129.6%), from €1,628 to €3,738
- Gross operating margin +€52,656
up €52,656 (+130.3%), from €40,426 to €93,082
- Staff costs +€12,759
new in 2025: €12,759
- Taxes +€7,884
up €7,884 (+93.5%), from €8,432 to €16,316
- Depreciation +€3,769
up €3,769 (+304.9%), from €1,236 to €5,005
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 | €44,590 | €110,944 | +€66,355 | +148.8% |
| Fixed assets | 21/28 | €4,543 | €27,383 | +€22,840 | +502.8% |
| Tangible fixed assets | 22/27 | €4,543 | €27,383 | +€22,840 | +502.8% |
| Furniture and vehicles | 24 | €4,543 | €27,383 | +€22,840 | +502.8% |
| Current assets | 29/58 | €40,047 | €83,561 | +€43,515 | +108.7% |
| Amounts receivable within one year | 40/41 | €27,275 | €52,066 | +€24,790 | +90.9% |
| Trade receivables | 40 | €27,275 | €51,225 | +€23,950 | +87.8% |
| Other amounts receivable | 41 | - | €841 | +€841 | |
| Cash at bank and in hand | 54/58 | €11,981 | €27,108 | +€15,127 | +126.3% |
| Deferred charges and accrued income | 490/1 | €791 | €4,388 | +€3,597 | +454.8% |
| Total equity and liabilities | 10/49 | €44,590 | €110,944 | +€66,355 | +148.8% |
| Equity | 10/15 | €30,023 | €87,335 | +€57,311 | +190.9% |
| Contributions | 10/11 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,873 | €87,185 | +€57,311 | +191.8% |
| Amounts payable | 17/49 | €14,566 | €23,610 | +€9,043 | +62.1% |
| Amounts payable within one year | 42/48 | €13,866 | €21,830 | +€7,963 | +57.4% |
| Trade debts | 44 | €1,628 | €3,738 | +€2,110 | +129.6% |
| Suppliers | 440/4 | €1,628 | €3,738 | +€2,110 | +129.6% |
| Taxes, remuneration and social security | 45 | €10,770 | €15,845 | +€5,076 | +47.1% |
| Taxes | 450/3 | €10,770 | €15,845 | +€5,076 | +47.1% |
| Other amounts payable | 47/48 | €1,469 | €2,247 | +€778 | +53.0% |
| Accrued charges and deferred income | 492/3 | €700 | €1,780 | +€1,080 | +154.3% |
| Remuneration, social security and pensions | 62 | - | €12,759 | +€12,759 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,236 | €5,005 | +€3,769 | +304.9% |
| Gross operating margin | 9900 | €40,426 | €93,082 | +€52,656 | +130.3% |
| Operating profit (loss) | 9901 | €39,190 | €75,318 | +€36,128 | +92.2% |
| Financial income | 75/76B | €0 | €114 | +€114 | +37963.3% |
| Recurring financial income | 75 | €0 | €114 | +€114 | +37963.3% |
| Financial charges | 65/66B | €26 | €139 | +€113 | +435.5% |
| Recurring financial charges | 65 | €26 | €139 | +€113 | +435.5% |
| Profit (loss) for the period before taxes | 9903 | €39,164 | €75,293 | +€36,129 | +92.2% |
| Income taxes | 67/77 | €8,432 | €16,316 | +€7,884 | +93.5% |
| Profit (loss) for the period | 9904 | €30,732 | €58,977 | +€28,245 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,732 | €58,977 | +€28,245 | +91.9% |
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 7 October 2026 via checked.be.