COVIMO: 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.
COVIMO
Largest movements
- Tangible fixed assets +€27,877
up €27,877 (+3.5%), from €787,039 to €814,916
- Receivables within one year -€25,000
down €25,000 (-4.2%), from €598,580 to €573,580
- Other debts +€27,000
up €27,000 (+5.9%), from €456,524 to €483,524
- Profit (loss) carried forward -€19,739
down €19,739 (-4.0%), from €498,175 to €478,435
- Gross operating margin +€19,705
up €19,705 (+67.6%), from -€29,143 to -€9,438
- Other operating charges +€321
up €321 (+3.2%), from €9,899 to €10,220
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 | €1,586,250 | €1,593,596 | +€7,346 | +0.5% |
| Fixed assets | 21/28 | €981,723 | €1,007,600 | +€25,877 | +2.6% |
| Tangible fixed assets | 22/27 | €787,039 | €814,916 | +€27,877 | +3.5% |
| Assets under construction and advance payments | 27 | €787,039 | €814,916 | +€27,877 | +3.5% |
| Financial fixed assets | 28 | €194,684 | €192,684 | -€2,000 | -1.0% |
| Current assets | 29/58 | €604,527 | €585,996 | -€18,531 | -3.1% |
| Amounts receivable within one year | 40/41 | €598,580 | €573,580 | -€25,000 | -4.2% |
| Other amounts receivable | 41 | €598,580 | €573,580 | -€25,000 | -4.2% |
| Cash at bank and in hand | 54/58 | €3,693 | €10,091 | +€6,398 | +173.3% |
| Deferred charges and accrued income | 490/1 | €2,254 | €2,325 | +€71 | +3.1% |
| Total equity and liabilities | 10/49 | €1,586,250 | €1,593,596 | +€7,346 | +0.5% |
| Equity | 10/15 | €1,119,675 | €1,099,935 | -€19,739 | -1.8% |
| Contributions | 10/11 | €615,000 | €615,000 | = | 0.0% |
| Capital | 10 | €615,000 | €615,000 | = | 0.0% |
| Issued capital | 100 | €615,000 | €615,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €498,175 | €478,435 | -€19,739 | -4.0% |
| Amounts payable | 17/49 | €466,576 | €493,661 | +€27,085 | +5.8% |
| Amounts payable within one year | 42/48 | €466,576 | €493,661 | +€27,085 | +5.8% |
| Trade debts | 44 | €10,052 | €10,136 | +€85 | +0.8% |
| Suppliers | 440/4 | €10,052 | €10,136 | +€85 | +0.8% |
| Other amounts payable | 47/48 | €456,524 | €483,524 | +€27,000 | +5.9% |
| Other operating charges | 640/8 | €9,899 | €10,220 | +€321 | +3.2% |
| Gross operating margin | 9900 | -€29,143 | -€9,438 | +€19,705 | +67.6% |
| Operating profit (loss) | 9901 | -€39,042 | -€19,658 | +€19,384 | +49.6% |
| Financial charges | 65/66B | €45 | €81 | +€36 | +80.6% |
| Recurring financial charges | 65 | €45 | €81 | +€36 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | -€39,087 | -€19,739 | +€19,348 | +49.5% |
| Profit (loss) for the period | 9904 | -€39,087 | -€19,739 | +€19,348 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,087 | -€19,739 | +€19,348 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.