TAO - 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.
TAO - COIFF
Largest movements
- Receivables within one year +€6,809
new in 2025: €6,809
- Tangible fixed assets -€6,500
down €6,500 (-47.7%), from €13,621 to €7,121
- Cash -€904
down €904 (-37.8%), from €2,392 to €1,488
mainly Receivables within one year (-€6,809) and Debts after one year (-€3,099)
- Debts after one year -€3,099
down €3,099 (-21.7%), from €14,300 to €11,202
- Profit (loss) carried forward +€1,694
up €1,694 (+8.2%), from -€20,598 to -€18,904
- Trade debts +€1,060
up €1,060 (+205%), from €516 to €1,577
- Tax, wage and social debts -€300
down €300 (-9.2%), from €3,245 to €2,946
- Gross operating margin +€3,083
up €3,083 (+43.5%), from €7,080 to €10,163
- Financial charges -€1,313
down €1,313 (-53.6%), from €2,452 to €1,139
- Other operating charges -€1,222
down €1,222 (-89.7%), from €1,363 to €141
- Depreciation +€622
up €622 (+10.6%), from €5,878 to €6,500
- Taxes +€585
up €585 (+302%), from €194 to €779
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 | €19,058 | €18,574 | -€484 | -2.5% |
| Fixed assets | 21/28 | €14,421 | €7,921 | -€6,500 | -45.1% |
| Tangible fixed assets | 22/27 | €13,621 | €7,121 | -€6,500 | -47.7% |
| Furniture and vehicles | 24 | €13,621 | €7,121 | -€6,500 | -47.7% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €4,638 | €10,653 | +€6,015 | +130% |
| Stocks and contracts in progress | 3 | €2,246 | €2,356 | +€110 | +4.9% |
| Stocks | 30/36 | €2,246 | €2,356 | +€110 | +4.9% |
| Amounts receivable within one year | 40/41 | - | €6,809 | +€6,809 | |
| Other amounts receivable | 41 | - | €6,809 | +€6,809 | |
| Cash at bank and in hand | 54/58 | €2,392 | €1,488 | -€904 | -37.8% |
| Total equity and liabilities | 10/49 | €19,058 | €18,574 | -€484 | -2.5% |
| Equity | 10/15 | -€2,006 | -€312 | +€1,694 | +84.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,598 | -€18,904 | +€1,694 | +8.2% |
| Amounts payable | 17/49 | €21,064 | €18,886 | -€2,179 | -10.3% |
| Amounts payable after more than one year | 17 | €14,300 | €11,202 | -€3,099 | -21.7% |
| Financial debts | 170/4 | €14,300 | €11,202 | -€3,099 | -21.7% |
| Amounts payable within one year | 42/48 | €6,688 | €7,621 | +€933 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €2,910 | €3,099 | +€189 | +6.5% |
| Trade debts | 44 | €516 | €1,577 | +€1,060 | +205% |
| Suppliers | 440/4 | €516 | €1,577 | +€1,060 | +205% |
| Taxes, remuneration and social security | 45 | €3,245 | €2,946 | -€300 | -9.2% |
| Taxes | 450/3 | €3,245 | €2,946 | -€300 | -9.2% |
| Other amounts payable | 47/48 | €17 | - | -€17 | |
| Accrued charges and deferred income | 492/3 | €76 | €63 | -€13 | -16.9% |
| Non-recurring operating income | 76A | €2,389 | - | -€2,389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,878 | €6,500 | +€622 | +10.6% |
| Other operating charges | 640/8 | €1,363 | €141 | -€1,222 | -89.7% |
| Gross operating margin | 9900 | €7,080 | €10,163 | +€3,083 | +43.5% |
| Operating profit (loss) | 9901 | -€161 | €3,522 | +€3,683 | |
| Financial income | 75/76B | - | €90 | +€90 | |
| Recurring financial income | 75 | - | €90 | +€90 | |
| Financial charges | 65/66B | €2,452 | €1,139 | -€1,313 | -53.6% |
| Recurring financial charges | 65 | €2,452 | €1,139 | -€1,313 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,613 | €2,473 | +€5,086 | |
| Income taxes | 67/77 | €194 | €779 | +€585 | +302% |
| Profit (loss) for the period | 9904 | -€2,807 | €1,694 | +€4,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,807 | €1,694 | +€4,501 |
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.