Covess Production: 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.
Covess Production
Largest movements
- Receivables within one year -€5,142
down €5,142 (-4.7%), from €109,207 to €104,065
of which Other amounts receivable: -€6,013
- Cash +€4,582
up €4,582 (+3,715%), from €123 to €4,705
mainly Receivables within one year (+€5,142) and Net result for the year (+€1,694)
- Trade debts -€2,254
down €2,254 (-72.1%), from €3,125 to €871
- Profit (loss) carried forward +€1,694
up €1,694 (+1.3%), from -€135,495 to -€133,801
- Gross operating margin -€68,045
down €68,045 (-97.4%), from €69,886 to €1,841
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 | €109,330 | €108,770 | -€560 | -0.5% |
| Current assets | 29/58 | €109,330 | €108,770 | -€560 | -0.5% |
| Amounts receivable within one year | 40/41 | €109,207 | €104,065 | -€5,142 | -4.7% |
| Trade receivables | 40 | - | €871 | +€871 | |
| Other amounts receivable | 41 | €109,207 | €103,194 | -€6,013 | -5.5% |
| Cash at bank and in hand | 54/58 | €123 | €4,705 | +€4,582 | +3,715% |
| Total equity and liabilities | 10/49 | €109,330 | €108,770 | -€560 | -0.5% |
| Equity | 10/15 | €104,505 | €106,199 | +€1,694 | +1.6% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Capital | 10 | €240,000 | €240,000 | = | 0.0% |
| Issued capital | 100 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,495 | -€133,801 | +€1,694 | +1.3% |
| Amounts payable | 17/49 | €4,825 | €2,571 | -€2,254 | -46.7% |
| Amounts payable within one year | 42/48 | €4,825 | €2,571 | -€2,254 | -46.7% |
| Trade debts | 44 | €3,125 | €871 | -€2,254 | -72.1% |
| Suppliers | 440/4 | €3,125 | €871 | -€2,254 | -72.1% |
| Other amounts payable | 47/48 | €1,700 | €1,700 | = | 0.0% |
| Non-recurring operating income | 76A | €69,948 | - | -€69,948 | |
| Other operating charges | 640/8 | €62 | €119 | +€57 | +91.6% |
| Gross operating margin | 9900 | €69,886 | €1,841 | -€68,045 | -97.4% |
| Operating profit (loss) | 9901 | €69,824 | €1,722 | -€68,102 | -97.5% |
| Financial charges | 65/66B | €24 | €28 | +€4 | +18.1% |
| Recurring financial charges | 65 | €24 | €28 | +€4 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €69,800 | €1,694 | -€68,106 | -97.6% |
| Profit (loss) for the period | 9904 | €69,800 | €1,694 | -€68,106 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,800 | €1,694 | -€68,106 | -97.6% |
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 29 October 2026 via checked.be.