ANCION - COBUT: what changed
What changed
ANCION - COBUT
filed annual accounts (NBB)
Net result for the year
-€46,045
2024 · €4,033-€50,078
Equity
€548,410
2024 · €594,454-€46,045
Cash
€46,682
2024 · €46,263+€420
Balance sheet total
€678,738
2024 · €748,025-€69,287
Largest movements
Assets
- Current investments -€60,467
down €60,467 (-33.9%), from €178,515 to €118,048
- Receivables within one year -€7,491
down €7,491 (-71.6%), from €10,465 to €2,974
Equity and liabilities
- Profit (loss) carried forward -€46,045
new in 2025: -€46,045
- Other debts -€11,442
down €11,442 (-8.3%), from €138,245 to €126,803
- Accrued charges and deferred income -€11,283
no longer reported in 2025 (was €11,283)
Income statement
- Financial charges +€45,130
up €45,130 (+362%), from €12,473 to €57,603
- Taxes +€5,462
up €5,462 (+173%), from €3,155 to €8,617
- Gross operating margin +€2,396
up €2,396 (+24.7%), from €9,715 to €12,111
- Other operating charges +€1,885
up €1,885 (+923%), from €204 to €2,089
- Financial income +€464
up €464 (+4.2%), from €11,154 to €11,618
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,033
Gross operating margin
+€2,396
Depreciation
-€461
Other operating charges
-€1,885
Financial income
+€464
Financial charges
-€45,130
Taxes
-€5,462
Result 2025
-€46,045
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€62,793
Investment
+€60,463
Financing
+€2,750
Cash 2024
€46,263
From operations (derived)
-€62,793
Net result for the year
-€46,045
Depreciation
+€1,465
Receivables within one year
+€7,491
Deferred charges and accrued income
+€288
Trade debts
-€2,275
Tax, wage and social debts
-€992
Other debts
-€11,442
Accrued charges and deferred income
-€11,283
Investment (derived)
+€60,463
Investment in fixed assets (net)
-€5
Current investments
+€60,467
Financing
+€2,750
Current portion of long-term debt
+€2,750
Cash 2025
€46,682
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €748,025 | €678,738 | -€69,287 | -9.3% |
| Fixed assets | 21/28 | €3,444 | €1,983 | -€1,461 | -42.4% |
| Tangible fixed assets | 22/27 | €3,444 | €1,983 | -€1,461 | -42.4% |
| Plant, machinery and equipment | 23 | €474 | - | -€474 | |
| Furniture and vehicles | 24 | €2,970 | €1,983 | -€987 | -33.2% |
| Current assets | 29/58 | €744,582 | €676,755 | -€67,826 | -9.1% |
| Amounts receivable after more than one year | 29 | €507,000 | €507,000 | = | 0.0% |
| Other amounts receivable | 291 | €507,000 | €507,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,465 | €2,974 | -€7,491 | -71.6% |
| Other amounts receivable | 41 | €10,465 | €2,974 | -€7,491 | -71.6% |
| Current investments | 50/53 | €178,515 | €118,048 | -€60,467 | -33.9% |
| Cash at bank and in hand | 54/58 | €46,263 | €46,682 | +€420 | +0.9% |
| Deferred charges and accrued income | 490/1 | €2,339 | €2,051 | -€288 | -12.3% |
| Total equity and liabilities | 10/49 | €748,025 | €678,738 | -€69,287 | -9.3% |
| Equity | 10/15 | €594,454 | €548,410 | -€46,045 | -7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €575,854 | €575,854 | = | 0.0% |
| Non-distributable reserves | 130/1 | €53,010 | €53,010 | = | 0.0% |
| Reserves not available under the articles | 1311 | €53,010 | €53,010 | = | 0.0% |
| Distributable reserves | 133 | €522,844 | €522,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€46,045 | -€46,045 | |
| Amounts payable | 17/49 | €153,571 | €130,328 | -€23,243 | -15.1% |
| Amounts payable within one year | 42/48 | €142,288 | €130,328 | -€11,959 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | - | €2,750 | +€2,750 | |
| Trade debts | 44 | €3,051 | €775 | -€2,275 | -74.6% |
| Suppliers | 440/4 | €3,051 | €775 | -€2,275 | -74.6% |
| Taxes, remuneration and social security | 45 | €992 | - | -€992 | |
| Taxes | 450/3 | €992 | - | -€992 | |
| Other amounts payable | 47/48 | €138,245 | €126,803 | -€11,442 | -8.3% |
| Accrued charges and deferred income | 492/3 | €11,283 | - | -€11,283 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004 | €1,465 | +€461 | +45.9% |
| Other operating charges | 640/8 | €204 | €2,089 | +€1,885 | +923% |
| Gross operating margin | 9900 | €9,715 | €12,111 | +€2,396 | +24.7% |
| Operating profit (loss) | 9901 | €8,507 | €8,557 | +€50 | +0.6% |
| Financial income | 75/76B | €11,154 | €11,618 | +€464 | +4.2% |
| Recurring financial income | 75 | €11,154 | €11,618 | +€464 | +4.2% |
| Financial charges | 65/66B | €12,473 | €57,603 | +€45,130 | +362% |
| Recurring financial charges | 65 | €12,473 | €57,603 | +€45,130 | +362% |
| Profit (loss) for the period before taxes | 9903 | €7,188 | -€37,428 | -€44,616 | |
| Income taxes | 67/77 | €3,155 | €8,617 | +€5,462 | +173% |
| Profit (loss) for the period | 9904 | €4,033 | -€46,045 | -€50,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,033 | -€46,045 | -€50,078 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.