COBATTY: 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.
COBATTY
Largest movements
- Tangible fixed assets -€8,476
down €8,476 (-56.3%), from €15,066 to €6,590
of which Furniture and vehicles: -€5,158
- Receivables within one year -€7,867
down €7,867 (-69.5%), from €11,320 to €3,453
of which Trade receivables: -€8,253
- Stocks and contracts -€3,090
down €3,090 (-72.7%), from €4,250 to €1,160
- Trade debts -€20,326
down €20,326 (-92.5%), from €21,970 to €1,644
- Profit (loss) carried forward +€5,693
up €5,693 (+21.3%), from -€26,734 to -€21,040
- Other debts -€4,639
down €4,639 (-71.1%), from €6,524 to €1,884
- Current portion of long-term debt -€4,448
down €4,448 (-74.8%), from €5,946 to €1,498
- Short-term financial debts +€4,273
up €4,273 (+173.7%), from €2,461 to €6,734
- Gross operating margin -€80,458
down €80,458 (-83.5%), from €96,357 to €15,900
- Staff costs -€75,296
down €75,296 (-98.2%), from €76,645 to €1,348
From the 2023 result to the 2024 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,188 | €11,949 | -€19,239 | -61.7% |
| Fixed assets | 21/28 | €15,066 | €6,590 | -€8,476 | -56.3% |
| Tangible fixed assets | 22/27 | €15,066 | €6,590 | -€8,476 | -56.3% |
| Plant, machinery and equipment | 23 | €9,229 | €5,912 | -€3,317 | -35.9% |
| Furniture and vehicles | 24 | €5,837 | €678 | -€5,158 | -88.4% |
| Current assets | 29/58 | €16,122 | €5,359 | -€10,763 | -66.8% |
| Stocks and contracts in progress | 3 | €4,250 | €1,160 | -€3,090 | -72.7% |
| Stocks | 30/36 | €4,250 | €1,160 | -€3,090 | -72.7% |
| Amounts receivable within one year | 40/41 | €11,320 | €3,453 | -€7,867 | -69.5% |
| Trade receivables | 40 | €10,340 | €2,087 | -€8,253 | -79.8% |
| Other amounts receivable | 41 | €980 | €1,366 | +€385 | +39.3% |
| Cash at bank and in hand | 54/58 | €100 | €232 | +€132 | +131.0% |
| Deferred charges and accrued income | 490/1 | €452 | €514 | +€62 | +13.8% |
| Total equity and liabilities | 10/49 | €31,188 | €11,949 | -€19,239 | -61.7% |
| Equity | 10/15 | -€6,274 | -€580 | +€5,693 | +90.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,734 | -€21,040 | +€5,693 | +21.3% |
| Amounts payable | 17/49 | €37,462 | €12,530 | -€24,932 | -66.6% |
| Amounts payable after more than one year | 17 | €374 | - | -€374 | |
| Financial debts | 170/4 | €374 | - | -€374 | |
| Amounts payable within one year | 42/48 | €37,088 | €12,530 | -€24,558 | -66.2% |
| Current portion of amounts payable after more than one year | 42 | €5,946 | €1,498 | -€4,448 | -74.8% |
| Financial debts | 43 | €2,461 | €6,734 | +€4,273 | +173.7% |
| Credit institutions | 430/8 | €2,461 | €6,734 | +€4,273 | +173.7% |
| Trade debts | 44 | €21,970 | €1,644 | -€20,326 | -92.5% |
| Suppliers | 440/4 | €21,970 | €1,644 | -€20,326 | -92.5% |
| Taxes, remuneration and social security | 45 | €187 | €768 | +€581 | +310.6% |
| Taxes | 450/3 | €187 | €768 | +€581 | +310.6% |
| Other amounts payable | 47/48 | €6,524 | €1,884 | -€4,639 | -71.1% |
| Remuneration, social security and pensions | 62 | €76,645 | €1,348 | -€75,296 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,713 | €8,357 | -€356 | -4.1% |
| Non-recurring operating charges | 66A | €9,493 | - | -€9,493 | |
| Gross operating margin | 9900 | €96,357 | €15,900 | -€80,458 | -83.5% |
| Operating profit (loss) | 9901 | €1,507 | €6,194 | +€4,688 | +311.2% |
| Financial income | 75/76B | €2,460 | €2,375 | -€85 | -3.4% |
| Recurring financial income | 75 | €2,460 | €2,375 | -€85 | -3.4% |
| Non-recurring financial income | 76B | €2,460 | €2,375 | -€85 | -3.4% |
| Financial charges | 65/66B | €2,024 | €2,107 | +€83 | +4.1% |
| Recurring financial charges | 65 | €2,024 | €1,601 | -€423 | -20.9% |
| Non-recurring financial charges | 66B | - | €506 | +€506 | |
| Profit (loss) for the period before taxes | 9903 | €1,942 | €6,462 | +€4,519 | +232.7% |
| Income taxes | 67/77 | €187 | €768 | +€581 | +310.6% |
| Profit (loss) for the period | 9904 | €1,755 | €5,693 | +€3,938 | +224.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,755 | €5,693 | +€3,938 | +224.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.