COVIMPORT: 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.
COVIMPORT
Largest movements
- Receivables within one year +€288,740
up €288,740 (+58.0%), from €497,537 to €786,277
of which Trade receivables: +€281,455
- Stocks and contracts +€27,167
up €27,167 (+5.5%), from €494,414 to €521,581
- Other debts +€440,121
up €440,121 (+51.5%), from €855,204 to €1.3m
- Profit (loss) carried forward -€155,503
down €155,503 (-39.3%), from -€395,580 to -€551,083
- Tax, wage and social debts +€26,840
up €26,840 (+49.1%), from €54,709 to €81,549
of which Remuneration and social security: +€29,027
- Trade debts -€13,271
down €13,271 (-3.9%), from €343,142 to €329,871
- Gross operating margin +€113,749
up €113,749 (+138.4%), from €82,170 to €195,920
- Taxes -€91,843
down €91,843, from €538 to -€91,305
- Staff costs +€90,649
up €90,649 (+29.5%), from €307,739 to €398,389
- Financial income +€9,795
up €9,795 (+41.5%), from €23,603 to €33,397
- Financial charges +€8,368
up €8,368 (+18.6%), from €44,918 to €53,286
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 | €1,012,834 | €1,323,671 | +€310,838 | +30.7% |
| Fixed assets | 21/28 | €18,864 | €13,397 | -€5,468 | -29.0% |
| Tangible fixed assets | 22/27 | €16,864 | €11,397 | -€5,468 | -32.4% |
| Plant, machinery and equipment | 23 | €16,864 | €8,076 | -€8,788 | -52.1% |
| Furniture and vehicles | 24 | - | €3,321 | +€3,321 | |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €993,969 | €1,310,274 | +€316,305 | +31.8% |
| Stocks and contracts in progress | 3 | €494,414 | €521,581 | +€27,167 | +5.5% |
| Stocks | 30/36 | €494,414 | €521,581 | +€27,167 | +5.5% |
| Amounts receivable within one year | 40/41 | €497,537 | €786,277 | +€288,740 | +58.0% |
| Trade receivables | 40 | €456,282 | €737,737 | +€281,455 | +61.7% |
| Other amounts receivable | 41 | €41,255 | €48,539 | +€7,285 | +17.7% |
| Cash at bank and in hand | 54/58 | €56 | €1,499 | +€1,444 | +2596.7% |
| Deferred charges and accrued income | 490/1 | €1,963 | €918 | -€1,045 | -53.2% |
| Total equity and liabilities | 10/49 | €1,012,834 | €1,323,671 | +€310,838 | +30.7% |
| Equity | 10/15 | -€255,120 | -€410,623 | -€155,503 | -61.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,860 | €121,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€395,580 | -€551,083 | -€155,503 | -39.3% |
| Amounts payable | 17/49 | €1,267,953 | €1,734,294 | +€466,341 | +36.8% |
| Amounts payable within one year | 42/48 | €1,253,056 | €1,706,745 | +€453,689 | +36.2% |
| Trade debts | 44 | €343,142 | €329,871 | -€13,271 | -3.9% |
| Suppliers | 440/4 | €343,142 | €329,871 | -€13,271 | -3.9% |
| Taxes, remuneration and social security | 45 | €54,709 | €81,549 | +€26,840 | +49.1% |
| Taxes | 450/3 | €22,670 | €20,483 | -€2,187 | -9.6% |
| Remuneration and social security | 454/9 | €32,039 | €61,066 | +€29,027 | +90.6% |
| Other amounts payable | 47/48 | €855,204 | €1,295,324 | +€440,121 | +51.5% |
| Accrued charges and deferred income | 492/3 | €14,898 | €27,549 | +€12,652 | +84.9% |
| Remuneration, social security and pensions | 62 | €307,739 | €398,389 | +€90,649 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,274 | €9,323 | +€1,048 | +12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,119 | €13,818 | -€4,301 | -23.7% |
| Other operating charges | 640/8 | €875 | €1,309 | +€434 | +49.6% |
| Gross operating margin | 9900 | €82,170 | €195,920 | +€113,749 | +138.4% |
| Operating profit (loss) | 9901 | -€252,838 | -€226,919 | +€25,919 | +10.3% |
| Financial income | 75/76B | €23,603 | €33,397 | +€9,795 | +41.5% |
| Recurring financial income | 75 | €23,603 | €33,397 | +€9,795 | +41.5% |
| Financial charges | 65/66B | €44,918 | €53,286 | +€8,368 | +18.6% |
| Recurring financial charges | 65 | €44,918 | €53,286 | +€8,368 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | -€274,153 | -€246,808 | +€27,345 | +10.0% |
| Income taxes | 67/77 | €538 | -€91,305 | -€91,843 | |
| Profit (loss) for the period | 9904 | -€274,691 | -€155,503 | +€119,188 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€274,691 | -€155,503 | +€119,188 | +43.4% |
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 11 October 2026 via checked.be.