cobalt-architecten: 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.
cobalt-architecten
Largest movements
- Cash -€9,756
down €9,756 (-10.2%), from €95,433 to €85,678
mainly Other debts (-€14,121) and Investment in fixed assets (net) (-€7,272)
- Tangible fixed assets -€5,817
down €5,817 (-20.2%), from €28,769 to €22,952
of which Furniture and vehicles: -€5,817
- Deferred charges and accrued income +€1,402
up €1,402 (+88.9%), from €1,577 to €2,979
- Other debts -€14,121
down €14,121 (-23.6%), from €59,915 to €45,795
- Reserves +€3,736
up €3,736 (+10.1%), from €36,946 to €40,682
of which Distributable reserves: +€3,736
- Current portion of long-term debt -€2,955
down €2,955 (-49.6%), from €5,959 to €3,004
- Tax, wage and social debts +€2,678
up €2,678 (+197%), from €1,362 to €4,041
- Debts after one year -€2,502
down €2,502 (-100%), from €2,502 to €0
- Gross operating margin -€15,573
down €15,573 (-41.7%), from €37,324 to €21,752
- Taxes -€4,225
down €4,225 (-74.0%), from €5,706 to €1,481
- Financial charges +€1,486
up €1,486 (+103%), from €1,446 to €2,932
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 | €129,478 | €115,362 | -€14,116 | -10.9% |
| Fixed assets | 21/28 | €28,769 | €22,952 | -€5,817 | -20.2% |
| Tangible fixed assets | 22/27 | €28,769 | €22,952 | -€5,817 | -20.2% |
| Land and buildings | 22 | €13,387 | €13,387 | -€0 | 0.0% |
| Furniture and vehicles | 24 | €15,381 | €9,565 | -€5,817 | -37.8% |
| Current assets | 29/58 | €100,710 | €92,411 | -€8,299 | -8.2% |
| Amounts receivable within one year | 40/41 | €3,699 | €3,754 | +€55 | +1.5% |
| Trade receivables | 40 | €3,695 | €735 | -€2,960 | -80.1% |
| Other amounts receivable | 41 | €4 | €3,019 | +€3,015 | +74,449% |
| Cash at bank and in hand | 54/58 | €95,433 | €85,678 | -€9,756 | -10.2% |
| Deferred charges and accrued income | 490/1 | €1,577 | €2,979 | +€1,402 | +88.9% |
| Total equity and liabilities | 10/49 | €129,478 | €115,362 | -€14,116 | -10.9% |
| Equity | 10/15 | €55,546 | €59,282 | +€3,736 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,946 | €40,682 | +€3,736 | +10.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €36,946 | €40,682 | +€3,736 | +10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,933 | €56,080 | -€17,852 | -24.1% |
| Amounts payable after more than one year | 17 | €2,502 | €0 | -€2,502 | -100% |
| Financial debts | 170/4 | €2,502 | €0 | -€2,502 | -100% |
| Amounts payable within one year | 42/48 | €70,537 | €54,126 | -€16,411 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €5,959 | €3,004 | -€2,955 | -49.6% |
| Financial debts | 43 | €120 | €461 | +€341 | +284% |
| Other loans | 439 | €120 | €461 | +€341 | +284% |
| Trade debts | 44 | €3,179 | €825 | -€2,354 | -74.0% |
| Suppliers | 440/4 | €3,179 | €825 | -€2,354 | -74.0% |
| Taxes, remuneration and social security | 45 | €1,362 | €4,041 | +€2,678 | +197% |
| Taxes | 450/3 | €1,362 | €4,041 | +€2,678 | +197% |
| Other amounts payable | 47/48 | €59,915 | €45,795 | -€14,121 | -23.6% |
| Accrued charges and deferred income | 492/3 | €893 | €1,954 | +€1,061 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,379 | €13,089 | -€290 | -2.2% |
| Other operating charges | 640/8 | €562 | €513 | -€49 | -8.7% |
| Gross operating margin | 9900 | €37,324 | €21,752 | -€15,573 | -41.7% |
| Operating profit (loss) | 9901 | €23,383 | €8,149 | -€15,233 | -65.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -42.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -42.9% |
| Financial charges | 65/66B | €1,446 | €2,932 | +€1,486 | +103% |
| Recurring financial charges | 65 | €1,446 | €2,932 | +€1,486 | +103% |
| Profit (loss) for the period before taxes | 9903 | €21,937 | €5,217 | -€16,719 | -76.2% |
| Income taxes | 67/77 | €5,706 | €1,481 | -€4,225 | -74.0% |
| Profit (loss) for the period | 9904 | €16,231 | €3,736 | -€12,495 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,231 | €3,736 | -€12,495 | -77.0% |
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 21 October 2026 via checked.be.