COBACOM: 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.
COBACOM
Largest movements
- Tangible fixed assets +€33,273
up €33,273 (+141%), from €23,622 to €56,895
of which Leasing and similar rights: +€32,485
- Receivables within one year +€14,103
up €14,103 (+85.2%), from €16,547 to €30,650
of which Trade receivables: +€15,278
- Cash +€7,553
up €7,553 (+47.3%), from €15,966 to €23,519
mainly Trade debts (+€27,152) and Debts after one year (+€21,328)
- Stocks and contracts -€5,656
down €5,656 (-33.6%), from €16,822 to €11,166
- Intangible fixed assets -€2,361
down €2,361 (-11.1%), from €21,226 to €18,866
- Trade debts +€27,152
up €27,152 (+135%), from €20,138 to €47,290
- Debts after one year +€21,328
up €21,328 (+129%), from €16,473 to €37,801
- Profit (loss) carried forward -€15,667
down €15,667 (-92.0%), from -€17,029 to -€32,696
- Other debts +€8,604
up €8,604 (+14.2%), from €60,541 to €69,144
- Current portion of long-term debt +€6,629
up €6,629 (+128%), from €5,192 to €11,821
- Gross operating margin +€6,818
up €6,818 (+56.7%), from -€12,014 to -€5,197
- Depreciation +€4,595
up €4,595 (+114%), from €4,035 to €8,630
- Financial charges +€1,163
up €1,163 (+424%), from €274 to €1,438
- Other operating charges -€193
down €193 (-27.3%), from €705 to €513
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 | €95,314 | €143,360 | +€48,045 | +50.4% |
| Fixed assets | 21/28 | €44,848 | €75,760 | +€30,912 | +68.9% |
| Intangible fixed assets | 21 | €21,226 | €18,866 | -€2,361 | -11.1% |
| Tangible fixed assets | 22/27 | €23,622 | €56,895 | +€33,273 | +141% |
| Plant, machinery and equipment | 23 | €23,622 | €22,253 | -€1,369 | -5.8% |
| Leasing and similar rights | 25 | - | €32,485 | +€32,485 | |
| Other tangible fixed assets | 26 | - | €2,157 | +€2,157 | |
| Current assets | 29/58 | €50,466 | €67,599 | +€17,133 | +33.9% |
| Stocks and contracts in progress | 3 | €16,822 | €11,166 | -€5,656 | -33.6% |
| Stocks | 30/36 | €16,822 | €11,166 | -€5,656 | -33.6% |
| Amounts receivable within one year | 40/41 | €16,547 | €30,650 | +€14,103 | +85.2% |
| Trade receivables | 40 | €10,518 | €25,796 | +€15,278 | +145% |
| Other amounts receivable | 41 | €6,028 | €4,853 | -€1,175 | -19.5% |
| Cash at bank and in hand | 54/58 | €15,966 | €23,519 | +€7,553 | +47.3% |
| Deferred charges and accrued income | 490/1 | €1,132 | €2,264 | +€1,133 | +100% |
| Total equity and liabilities | 10/49 | €95,314 | €143,360 | +€48,045 | +50.4% |
| Equity | 10/15 | -€7,029 | -€22,696 | -€15,667 | -223% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,029 | -€32,696 | -€15,667 | -92.0% |
| Amounts payable | 17/49 | €102,343 | €166,056 | +€63,712 | +62.3% |
| Amounts payable after more than one year | 17 | €16,473 | €37,801 | +€21,328 | +129% |
| Financial debts | 170/4 | €16,473 | €37,801 | +€21,328 | +129% |
| Amounts payable within one year | 42/48 | €85,871 | €128,255 | +€42,385 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €5,192 | €11,821 | +€6,629 | +128% |
| Trade debts | 44 | €20,138 | €47,290 | +€27,152 | +135% |
| Suppliers | 440/4 | €20,138 | €47,290 | +€27,152 | +135% |
| Other amounts payable | 47/48 | €60,541 | €69,144 | +€8,604 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,035 | €8,630 | +€4,595 | +114% |
| Other operating charges | 640/8 | €705 | €513 | -€193 | -27.3% |
| Gross operating margin | 9900 | -€12,014 | -€5,197 | +€6,818 | +56.7% |
| Operating profit (loss) | 9901 | -€16,755 | -€14,339 | +€2,416 | +14.4% |
| Financial income | 75/76B | €0 | €110 | +€110 | +24,907% |
| Recurring financial income | 75 | €0 | €110 | +€110 | +24,907% |
| Financial charges | 65/66B | €274 | €1,438 | +€1,163 | +424% |
| Recurring financial charges | 65 | €274 | €1,438 | +€1,163 | +424% |
| Profit (loss) for the period before taxes | 9903 | -€17,029 | -€15,667 | +€1,362 | +8.0% |
| Profit (loss) for the period | 9904 | -€17,029 | -€15,667 | +€1,362 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,029 | -€15,667 | +€1,362 | +8.0% |
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 17 October 2026 via checked.be.