D & COIFF: 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.
D & COIFF
Largest movements
- Cash -€17,035
down €17,035 (-34.3%), from €49,666 to €32,631
mainly Net result for the year (-€16,083) and Trade debts (-€9,525)
- Deferred charges and accrued income +€6,076
new in 2025: €6,076
- Stocks and contracts -€4,556
down €4,556 (-19.2%), from €23,722 to €19,166
- Tangible fixed assets -€2,632
down €2,632 (-34.6%), from €7,611 to €4,978
- Profit (loss) carried forward -€16,083
down €16,083 (-44.5%), from -€36,177 to -€52,259
- Trade debts -€9,525
down €9,525 (-12.8%), from €74,414 to €64,890
- Tax, wage and social debts +€8,801
up €8,801 (+12.2%), from €72,342 to €81,143
of which Remuneration and social security: +€10,007
- Current portion of long-term debt -€1,932
down €1,932 (-17.8%), from €10,875 to €8,943
- Staff costs +€35,376
up €35,376 (+9.8%), from €362,592 to €397,969
- Gross operating margin +€35,032
up €35,032 (+9.2%), from €380,986 to €416,018
- Other operating charges +€7,366
up €7,366 (+485.3%), from €1,518 to €8,884
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 | €129,383 | €110,633 | -€18,750 | -14.5% |
| Fixed assets | 21/28 | €7,611 | €4,978 | -€2,632 | -34.6% |
| Tangible fixed assets | 22/27 | €7,611 | €4,978 | -€2,632 | -34.6% |
| Other tangible fixed assets | 26 | €7,611 | €4,978 | -€2,632 | -34.6% |
| Current assets | 29/58 | €121,773 | €105,655 | -€16,118 | -13.2% |
| Stocks and contracts in progress | 3 | €23,722 | €19,166 | -€4,556 | -19.2% |
| Stocks | 30/36 | €23,722 | €19,166 | -€4,556 | -19.2% |
| Amounts receivable within one year | 40/41 | €48,385 | €47,783 | -€602 | -1.2% |
| Trade receivables | 40 | €16,253 | €14,650 | -€1,602 | -9.9% |
| Other amounts receivable | 41 | €32,133 | €33,133 | +€1,000 | +3.1% |
| Cash at bank and in hand | 54/58 | €49,666 | €32,631 | -€17,035 | -34.3% |
| Deferred charges and accrued income | 490/1 | - | €6,076 | +€6,076 | |
| Total equity and liabilities | 10/49 | €129,383 | €110,633 | -€18,750 | -14.5% |
| Equity | 10/15 | -€28,812 | -€44,894 | -€16,083 | -55.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,165 | €1,165 | = | 0.0% |
| Distributable reserves | 133 | €1,165 | €1,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,177 | -€52,259 | -€16,083 | -44.5% |
| Amounts payable | 17/49 | €158,195 | €155,528 | -€2,667 | -1.7% |
| Amounts payable within one year | 42/48 | €158,184 | €155,528 | -€2,656 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €10,875 | €8,943 | -€1,932 | -17.8% |
| Trade debts | 44 | €74,414 | €64,890 | -€9,525 | -12.8% |
| Suppliers | 440/4 | €74,414 | €64,890 | -€9,525 | -12.8% |
| Taxes, remuneration and social security | 45 | €72,342 | €81,143 | +€8,801 | +12.2% |
| Taxes | 450/3 | €24,423 | €23,216 | -€1,207 | -4.9% |
| Remuneration and social security | 454/9 | €47,919 | €57,927 | +€10,007 | +20.9% |
| Other amounts payable | 47/48 | €552 | €552 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €11 | - | -€11 | |
| Remuneration, social security and pensions | 62 | €362,592 | €397,969 | +€35,376 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,863 | €8,100 | -€2,763 | -25.4% |
| Other operating charges | 640/8 | €1,518 | €8,884 | +€7,366 | +485.3% |
| Non-recurring operating charges | 66A | - | €14,078 | +€14,078 | |
| Gross operating margin | 9900 | €380,986 | €416,018 | +€35,032 | +9.2% |
| Operating profit (loss) | 9901 | €6,012 | -€13,014 | -€19,027 | |
| Financial income | 75/76B | €0 | €42 | +€42 | +27800.0% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +27800.0% |
| Financial charges | 65/66B | €3,119 | €3,110 | -€9 | -0.3% |
| Recurring financial charges | 65 | €3,119 | €3,110 | -€9 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €2,893 | -€16,083 | -€18,976 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €2,893 | -€16,083 | -€18,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,893 | -€16,083 | -€18,976 |
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.