Koordinera: 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.
Koordinera
Largest movements
- Cash -€10,958
down €10,958 (-73.4%), from €14,922 to €3,963
mainly Contributions, distributions and other (-€19,000) and Net result for the year (-€18,803)
- Current investments -€2,842
down €2,842 (-82.0%), from €3,466 to €624
- Tangible fixed assets -€2,007
down €2,007 (-10.2%), from €19,611 to €17,604
of which Plant, machinery and equipment: -€1,331
- Receivables within one year -€1,892
down €1,892 (-22.0%), from €8,596 to €6,704
of which Other amounts receivable: -€1,652
- Profit (loss) carried forward -€37,803
down €37,803 (-89.7%), from €42,152 to €4,350
- Other debts +€16,817
up €16,817 (+1,201%), from €1,400 to €18,217
- Tax, wage and social debts +€2,757
up €2,757 (+2,953%), from €93 to €2,850
of which Taxes: +€2,831
- Trade debts +€529
up €529 (+55.8%), from €948 to €1,478
- Gross operating margin -€42,530
down €42,530, from €27,061 to -€15,469
- Taxes -€6,537
no longer reported in 2025 (was €6,537)
- Financial income +€2,967
up €2,967 (+48,328%), from €6 to €2,973
- Depreciation +€1,588
up €1,588 (+43.9%), from €3,618 to €5,206
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 | €46,594 | €28,895 | -€17,699 | -38.0% |
| Fixed assets | 21/28 | €19,611 | €17,604 | -€2,007 | -10.2% |
| Tangible fixed assets | 22/27 | €19,611 | €17,604 | -€2,007 | -10.2% |
| Plant, machinery and equipment | 23 | €7,581 | €6,250 | -€1,331 | -17.6% |
| Furniture and vehicles | 24 | €12,030 | €11,354 | -€676 | -5.6% |
| Current assets | 29/58 | €26,983 | €11,291 | -€15,693 | -58.2% |
| Amounts receivable within one year | 40/41 | €8,596 | €6,704 | -€1,892 | -22.0% |
| Trade receivables | 40 | €240 | - | -€240 | |
| Other amounts receivable | 41 | €8,356 | €6,704 | -€1,652 | -19.8% |
| Current investments | 50/53 | €3,466 | €624 | -€2,842 | -82.0% |
| Cash at bank and in hand | 54/58 | €14,922 | €3,963 | -€10,958 | -73.4% |
| Total equity and liabilities | 10/49 | €46,594 | €28,895 | -€17,699 | -38.0% |
| Equity | 10/15 | €44,152 | €6,350 | -€37,803 | -85.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,152 | €4,350 | -€37,803 | -89.7% |
| Amounts payable | 17/49 | €2,442 | €22,545 | +€20,103 | +823% |
| Amounts payable within one year | 42/48 | €2,442 | €22,545 | +€20,103 | +823% |
| Trade debts | 44 | €948 | €1,478 | +€529 | +55.8% |
| Suppliers | 440/4 | €948 | €1,478 | +€529 | +55.8% |
| Taxes, remuneration and social security | 45 | €93 | €2,850 | +€2,757 | +2,953% |
| Taxes | 450/3 | €19 | €2,850 | +€2,831 | +14,979% |
| Remuneration and social security | 454/9 | €74 | - | -€74 | |
| Other amounts payable | 47/48 | €1,400 | €18,217 | +€16,817 | +1,201% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,618 | €5,206 | +€1,588 | +43.9% |
| Other operating charges | 640/8 | €514 | €694 | +€180 | +35.1% |
| Gross operating margin | 9900 | €27,061 | -€15,469 | -€42,530 | |
| Operating profit (loss) | 9901 | €22,929 | -€21,369 | -€44,298 | |
| Financial income | 75/76B | €6 | €2,973 | +€2,967 | +48,328% |
| Recurring financial income | 75 | €6 | €2,973 | +€2,967 | +48,328% |
| Financial charges | 65/66B | €313 | €407 | +€94 | +30.0% |
| Recurring financial charges | 65 | €313 | €407 | +€94 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €22,622 | -€18,803 | -€41,424 | |
| Income taxes | 67/77 | €6,537 | - | -€6,537 | |
| Profit (loss) for the period | 9904 | €16,085 | -€18,803 | -€34,888 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,085 | -€18,803 | -€34,888 |
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 22 October 2026 via checked.be.