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COBALT OPTICAL FRAMES: what changed

Two fiscal 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.

What changed

COBALT OPTICAL FRAMES

BE 0449.197.991
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,166
2023 · €14,943-€8,777
Equity
€156,778
2023 · €150,612+€6,166
Cash
€63,587
2023 · €60,903+€2,684
Balance sheet total
€174,514
2023 · €180,532-€6,018

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€9,468

    down €9,468 (-23.1%), from €41,043 to €31,575

    of which Trade receivables: -€12,245

  • Cash +€2,684

    up €2,684 (+4.4%), from €60,903 to €63,587

    mainly Receivables within one year (+€9,468) and Net result for the year (+€6,166)

  • Tangible fixed assets +€2,321

    up €2,321 (+33.5%), from €6,922 to €9,242

    of which Other tangible fixed assets: +€2,569

  • Stocks and contracts -€2,000

    down €2,000 (-40.0%), from €5,000 to €3,000

Equity and liabilities
  • Other debts -€9,020

    down €9,020 (-62.3%), from €14,486 to €5,465

  • Profit (loss) carried forward +€5,150

    up €5,150, from -€5,150 to €0

  • Trade debts +€4,581

    up €4,581 (+187.8%), from €2,439 to €7,020

  • Current portion of long-term debt -€4,089

    down €4,089 (-54.9%), from €7,449 to €3,360

  • Debts after one year -€3,152

    down €3,152 (-100.0%), from €3,152 to €0

Income statement
  • Gross operating margin -€17,006

    down €17,006 (-46.7%), from €36,450 to €19,443

  • Taxes -€4,776

    down €4,776 (-48.2%), from €9,905 to €5,129

  • Other operating charges -€1,507

    down €1,507 (-27.2%), from €5,545 to €4,038

  • Staff costs -€1,164

    down €1,164 (-22.5%), from €5,166 to €4,002

  • Financial charges -€1,123

    down €1,123 (-55.3%), from €2,031 to €908

    of which Financial charges: -€1,123

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €14,943
Gross operating margin -€17,006
Staff costs +€1,164
Depreciation -€339
Other operating charges +€1,507
Financial income -€3
Financial charges +€1,123
Taxes +€4,776
Result 2024 €6,166

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€13,393
Investment -€3,467
Financing -€7,242
Cash 2023 €60,903
Net result for the year +€6,166
Depreciation +€1,146
Stocks and contracts +€2,000
Receivables within one year +€9,468
Deferred charges and accrued income -€446
Trade debts +€4,581
Tax, wage and social debts -€502
Other debts -€9,020
Investment in fixed assets (net) -€3,467
Debts after one year -€3,152
Current portion of long-term debt -€4,089
Cash 2024 €63,587
Every line side by side 50 lines
Line Code 2023 2024 Change %
Total assets 20/58 €180,532 €174,514 -€6,018 -3.3%
Fixed assets 21/28 €7,422 €9,742 +€2,321 +31.3%
Tangible fixed assets 22/27 €6,922 €9,242 +€2,321 +33.5%
Furniture and vehicles 24 €591 €343 -€248 -41.9%
Other tangible fixed assets 26 €6,330 €8,899 +€2,569 +40.6%
Financial fixed assets 28 €500 €500 = 0.0%
Current assets 29/58 €173,111 €164,772 -€8,339 -4.8%
Amounts receivable after more than one year 29 €65,000 €65,000 = 0.0%
Trade receivables 290 €65,000 €65,000 = 0.0%
Stocks and contracts in progress 3 €5,000 €3,000 -€2,000 -40.0%
Stocks 30/36 €5,000 €3,000 -€2,000 -40.0%
Amounts receivable within one year 40/41 €41,043 €31,575 -€9,468 -23.1%
Trade receivables 40 €40,948 €28,704 -€12,245 -29.9%
Other amounts receivable 41 €95 €2,871 +€2,776 +2929.4%
Cash at bank and in hand 54/58 €60,903 €63,587 +€2,684 +4.4%
Deferred charges and accrued income 490/1 €1,164 €1,610 +€446 +38.3%
Total equity and liabilities 10/49 €180,532 €174,514 -€6,018 -3.3%
Equity 10/15 €150,612 €156,778 +€6,166 +4.1%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €93,763 €94,778 +€1,015 +1.1%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Distributable reserves 133 €87,563 €88,578 +€1,015 +1.2%
Profit (loss) carried forward 14 -€5,150 €0 +€5,150
Amounts payable 17/49 €29,920 €17,736 -€12,183 -40.7%
Amounts payable after more than one year 17 €3,152 €0 -€3,152 -100.0%
Financial debts 170/4 €3,152 €0 -€3,152 -100.0%
Amounts payable within one year 42/48 €26,767 €17,736 -€9,031 -33.7%
Current portion of amounts payable after more than one year 42 €7,449 €3,360 -€4,089 -54.9%
Trade debts 44 €2,439 €7,020 +€4,581 +187.8%
Suppliers 440/4 €2,439 €7,020 +€4,581 +187.8%
Taxes, remuneration and social security 45 €2,393 €1,891 -€502 -21.0%
Taxes 450/3 €2,393 €1,891 -€502 -21.0%
Other amounts payable 47/48 €14,486 €5,465 -€9,020 -62.3%
Remuneration, social security and pensions 62 €5,166 €4,002 -€1,164 -22.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €807 €1,146 +€339 +42.0%
Other operating charges 640/8 €5,545 €4,038 -€1,507 -27.2%
Gross operating margin 9900 €36,450 €19,443 -€17,006 -46.7%
Operating profit (loss) 9901 €24,931 €10,257 -€14,674 -58.9%
Financial income 75/76B €1,948 €1,945 -€3 -0.1%
Recurring financial income 75 €1,948 €1,945 -€3 -0.1%
Financial charges 65/66B €2,031 €908 -€1,123 -55.3%
Recurring financial charges 65 €2,031 €908 -€1,123 -55.3%
Non-recurring financial charges 66B €0 - =
Profit (loss) for the period before taxes 9903 €24,848 €11,295 -€13,553 -54.5%
Income taxes 67/77 €9,905 €5,129 -€4,776 -48.2%
Profit (loss) for the period 9904 €14,943 €6,166 -€8,777 -58.7%
Profit (loss) for the period to be appropriated 9905 €14,943 €6,166 -€8,777 -58.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.