COBAPAT: 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.
COBAPAT
Largest movements
- Tangible fixed assets -€19,538
down €19,538 (-4.8%), from €406,446 to €386,908
of which Land and buildings: -€17,730
- Debts after one year -€19,403
down €19,403 (-6.8%), from €284,269 to €264,866
- Gross operating margin -€1,166
down €1,166 (-4.0%), from €28,889 to €27,723
- Depreciation +€637
up €637 (+3.4%), from €18,900 to €19,538
- Financial charges -€381
down €381 (-6.1%), from €6,235 to €5,854
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 | €412,771 | €393,827 | -€18,943 | -4.6% |
| Fixed assets | 21/28 | €406,446 | €386,908 | -€19,538 | -4.8% |
| Tangible fixed assets | 22/27 | €406,446 | €386,908 | -€19,538 | -4.8% |
| Land and buildings | 22 | €399,220 | €381,491 | -€17,730 | -4.4% |
| Plant, machinery and equipment | 23 | €5,164 | €3,893 | -€1,270 | -24.6% |
| Furniture and vehicles | 24 | €2,061 | €1,524 | -€538 | -26.1% |
| Current assets | 29/58 | €6,325 | €6,920 | +€595 | +9.4% |
| Amounts receivable within one year | 40/41 | €224 | €224 | = | 0.0% |
| Other amounts receivable | 41 | €224 | €224 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,816 | €5,653 | -€163 | -2.8% |
| Deferred charges and accrued income | 490/1 | €286 | €1,043 | +€757 | +265% |
| Total equity and liabilities | 10/49 | €412,771 | €393,827 | -€18,943 | -4.6% |
| Equity | 10/15 | €3,926 | €4,784 | +€858 | +21.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,274 | -€1,416 | +€858 | +37.7% |
| Amounts payable | 17/49 | €408,844 | €389,043 | -€19,801 | -4.8% |
| Amounts payable after more than one year | 17 | €284,269 | €264,866 | -€19,403 | -6.8% |
| Financial debts | 170/4 | €284,269 | €264,866 | -€19,403 | -6.8% |
| Amounts payable within one year | 42/48 | €124,080 | €123,713 | -€368 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €20,597 | €21,003 | +€405 | +2.0% |
| Trade debts | 44 | €1,083 | - | -€1,083 | |
| Suppliers | 440/4 | €1,083 | - | -€1,083 | |
| Other amounts payable | 47/48 | €102,400 | €102,710 | +€310 | +0.3% |
| Accrued charges and deferred income | 492/3 | €495 | €465 | -€31 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,900 | €19,538 | +€637 | +3.4% |
| Other operating charges | 640/8 | €1,550 | €1,474 | -€76 | -4.9% |
| Gross operating margin | 9900 | €28,889 | €27,723 | -€1,166 | -4.0% |
| Operating profit (loss) | 9901 | €8,439 | €6,712 | -€1,727 | -20.5% |
| Financial charges | 65/66B | €6,235 | €5,854 | -€381 | -6.1% |
| Recurring financial charges | 65 | €6,235 | €5,854 | -€381 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €2,204 | €858 | -€1,346 | -61.1% |
| Profit (loss) for the period | 9904 | €2,204 | €858 | -€1,346 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,204 | €858 | -€1,346 | -61.1% |
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 23 October 2026 via checked.be.