COBAFOOD: 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.
COBAFOOD
Largest movements
- Cash -€37,377
down €37,377 (-19.8%), from €188,810 to €151,433
mainly Other debts (-€35,000) and Trade debts (-€14,022)
- Deferred charges and accrued income +€4,078
up €4,078 (+1,391%), from €293 to €4,371
- Other debts -€35,000
no longer reported in 2025 (was €35,000)
- Tax, wage and social debts +€16,161
up €16,161 (+29.6%), from €54,586 to €70,747
of which Remuneration and social security: +€13,102
- Trade debts -€14,022
down €14,022 (-11.3%), from €124,351 to €110,329
- Staff costs +€95,047
up €95,047 (+16.7%), from €568,509 to €663,555
- Gross operating margin +€59,401
up €59,401 (+9.7%), from €614,096 to €673,497
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 | €278,200 | €243,005 | -€35,194 | -12.7% |
| Fixed assets | 21/28 | €716 | €251 | -€465 | -64.9% |
| Tangible fixed assets | 22/27 | €716 | €251 | -€465 | -64.9% |
| Furniture and vehicles | 24 | €716 | €251 | -€465 | -64.9% |
| Current assets | 29/58 | €277,483 | €242,754 | -€34,729 | -12.5% |
| Stocks and contracts in progress | 3 | €15,352 | €15,235 | -€117 | -0.8% |
| Stocks | 30/36 | €15,352 | €15,235 | -€117 | -0.8% |
| Amounts receivable within one year | 40/41 | €73,029 | €71,716 | -€1,313 | -1.8% |
| Trade receivables | 40 | €3,481 | €3,215 | -€267 | -7.7% |
| Other amounts receivable | 41 | €69,547 | €68,501 | -€1,046 | -1.5% |
| Cash at bank and in hand | 54/58 | €188,810 | €151,433 | -€37,377 | -19.8% |
| Deferred charges and accrued income | 490/1 | €293 | €4,371 | +€4,078 | +1,391% |
| Total equity and liabilities | 10/49 | €278,200 | €243,005 | -€35,194 | -12.7% |
| Equity | 10/15 | €64,262 | €61,929 | -€2,333 | -3.6% |
| Contributions | 10/11 | €34,100 | €34,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,162 | €27,829 | -€2,333 | -7.7% |
| Amounts payable | 17/49 | €213,937 | €181,076 | -€32,861 | -15.4% |
| Amounts payable within one year | 42/48 | €213,937 | €181,076 | -€32,861 | -15.4% |
| Trade debts | 44 | €124,351 | €110,329 | -€14,022 | -11.3% |
| Suppliers | 440/4 | €124,351 | €110,329 | -€14,022 | -11.3% |
| Taxes, remuneration and social security | 45 | €54,586 | €70,747 | +€16,161 | +29.6% |
| Taxes | 450/3 | - | €3,059 | +€3,059 | |
| Remuneration and social security | 454/9 | €54,586 | €67,689 | +€13,102 | +24.0% |
| Other amounts payable | 47/48 | €35,000 | - | -€35,000 | |
| Remuneration, social security and pensions | 62 | €568,509 | €663,555 | +€95,047 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €465 | €465 | = | 0.0% |
| Other operating charges | 640/8 | €1,736 | €1,881 | +€144 | +8.3% |
| Gross operating margin | 9900 | €614,096 | €673,497 | +€59,401 | +9.7% |
| Operating profit (loss) | 9901 | €43,386 | €7,596 | -€35,790 | -82.5% |
| Financial charges | 65/66B | €5,133 | €10,015 | +€4,882 | +95.1% |
| Recurring financial charges | 65 | €5,133 | €10,015 | +€4,882 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | €38,253 | -€2,418 | -€40,672 | |
| Income taxes | 67/77 | €23 | -€85 | -€108 | |
| Profit (loss) for the period | 9904 | €38,230 | -€2,333 | -€40,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,230 | -€2,333 | -€40,564 |
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 14 October 2026 via checked.be.