COB CONSTRUCT: 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.
COB CONSTRUCT
Largest movements
- Tangible fixed assets -€13,280
down €13,280 (-100%), from €13,280 to €0
of which Leasing and similar rights: -€11,567
- Receivables within one year +€4,258
up €4,258 (+22.2%), from €19,153 to €23,411
of which Trade receivables: +€4,250
- Cash +€3,054
up €3,054 (+5,646%), from €54 to €3,108
mainly Investment in fixed assets (net) (+€13,280) and Net result for the year (+€233)
- Trade debts -€5,029
down €5,029 (-95.5%), from €5,265 to €236
- Tax, wage and social debts -€1,172
down €1,172 (-35.9%), from €3,268 to €2,097
of which Taxes: -€1,492
- Other operating charges +€11,917
up €11,917 (+661%), from €1,803 to €13,720
- Gross operating margin +€7,680
up €7,680 (+69.1%), from €11,112 to €18,791
- Depreciation -€7,192
down €7,192 (-100%), from €7,192 to €0
- Financial income -€4,663
down €4,663 (-85.0%), from €5,485 to €822
of which Non-recurring financial income: -€5,019
- Financial charges +€4,483
up €4,483 (+943%), from €475 to €4,958
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 | €32,487 | €26,519 | -€5,968 | -18.4% |
| Fixed assets | 21/28 | €13,280 | €0 | -€13,280 | -100% |
| Tangible fixed assets | 22/27 | €13,280 | €0 | -€13,280 | -100% |
| Furniture and vehicles | 24 | €1,713 | €0 | -€1,713 | -100% |
| Leasing and similar rights | 25 | €11,567 | €0 | -€11,567 | -100% |
| Current assets | 29/58 | €19,207 | €26,519 | +€7,313 | +38.1% |
| Amounts receivable within one year | 40/41 | €19,153 | €23,411 | +€4,258 | +22.2% |
| Trade receivables | 40 | €5,678 | €9,929 | +€4,250 | +74.9% |
| Other amounts receivable | 41 | €13,474 | €13,482 | +€8 | +0.1% |
| Cash at bank and in hand | 54/58 | €54 | €3,108 | +€3,054 | +5,646% |
| Total equity and liabilities | 10/49 | €32,487 | €26,519 | -€5,968 | -18.4% |
| Equity | 10/15 | €23,954 | €24,187 | +€233 | +1.0% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €22,754 | €22,987 | +€233 | +1.0% |
| Distributable reserves | 133 | €22,754 | €22,987 | +€233 | +1.0% |
| Amounts payable | 17/49 | €8,533 | €2,333 | -€6,201 | -72.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,533 | €2,333 | -€6,201 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,265 | €236 | -€5,029 | -95.5% |
| Suppliers | 440/4 | €5,265 | €236 | -€5,029 | -95.5% |
| Taxes, remuneration and social security | 45 | €3,268 | €2,097 | -€1,172 | -35.9% |
| Taxes | 450/3 | €3,268 | €1,777 | -€1,492 | -45.6% |
| Remuneration and social security | 454/9 | - | €320 | +€320 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,192 | €0 | -€7,192 | -100% |
| Other operating charges | 640/8 | €1,803 | €13,720 | +€11,917 | +661% |
| Gross operating margin | 9900 | €11,112 | €18,791 | +€7,680 | +69.1% |
| Operating profit (loss) | 9901 | €2,116 | €5,072 | +€2,956 | +140% |
| Financial income | 75/76B | €5,485 | €822 | -€4,663 | -85.0% |
| Recurring financial income | 75 | €466 | €822 | +€356 | +76.5% |
| Non-recurring financial income | 76B | €5,019 | €0 | -€5,019 | -100% |
| Financial charges | 65/66B | €475 | €4,958 | +€4,483 | +943% |
| Recurring financial charges | 65 | €475 | €4,958 | +€4,483 | +943% |
| Profit (loss) for the period before taxes | 9903 | €7,126 | €935 | -€6,191 | -86.9% |
| Income taxes | 67/77 | €1,998 | €702 | -€1,296 | -64.9% |
| Profit (loss) for the period | 9904 | €5,128 | €233 | -€4,895 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,128 | €233 | -€4,895 | -95.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.