COBBUS: 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.
COBBUS
Largest movements
- Financial fixed assets +€55,474
up €55,474 (+5.5%), from €1.0m to €1.1m
- Receivables within one year +€52,126
up €52,126 (+25.3%), from €206,148 to €258,273
of which Other amounts receivable: +€50,406
- Profit (loss) carried forward +€52,700
up €52,700 (+49.1%), from €107,313 to €160,013
- Accrued charges and deferred income +€49,640
up €49,640 (+126.8%), from €39,154 to €88,794
- Financial charges +€3,127
up €3,127 (+48.0%), from -€6,519 to -€3,392
- Gross operating margin +€2,483
up €2,483 (+5.1%), from €48,825 to €51,308
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.
Cash bridge derived
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 | €1,692,745 | €1,797,325 | +€104,580 | +6.2% |
| Fixed assets | 21/28 | €1,251,357 | €1,313,123 | +€61,766 | +4.9% |
| Tangible fixed assets | 22/27 | €241,318 | €247,610 | +€6,292 | +2.6% |
| Land and buildings | 22 | €239,976 | €247,026 | +€7,050 | +2.9% |
| Furniture and vehicles | 24 | €1,343 | €584 | -€758 | -56.5% |
| Financial fixed assets | 28 | €1,010,038 | €1,065,513 | +€55,474 | +5.5% |
| Current assets | 29/58 | €441,388 | €484,202 | +€42,814 | +9.7% |
| Amounts receivable within one year | 40/41 | €206,148 | €258,273 | +€52,126 | +25.3% |
| Trade receivables | 40 | €30,780 | €32,500 | +€1,720 | +5.6% |
| Other amounts receivable | 41 | €175,368 | €225,773 | +€50,406 | +28.7% |
| Current investments | 50/53 | €209,752 | €214,691 | +€4,939 | +2.4% |
| Cash at bank and in hand | 54/58 | €25,189 | €10,110 | -€15,079 | -59.9% |
| Deferred charges and accrued income | 490/1 | €299 | €1,128 | +€828 | +276.7% |
| Total equity and liabilities | 10/49 | €1,692,745 | €1,797,325 | +€104,580 | +6.2% |
| Equity | 10/15 | €1,604,835 | €1,657,535 | +€52,700 | +3.3% |
| Contributions | 10/11 | €1,497,522 | €1,497,522 | = | 0.0% |
| Capital | 10 | €1,497,522 | - | -€1.5m | |
| Issued capital | 100 | €1,497,522 | - | -€1.5m | |
| Profit (loss) carried forward | 14 | €107,313 | €160,013 | +€52,700 | +49.1% |
| Amounts payable | 17/49 | €87,909 | €139,790 | +€51,880 | +59.0% |
| Amounts payable within one year | 42/48 | €48,755 | €50,996 | +€2,241 | +4.6% |
| Financial debts | 43 | €64 | €42 | -€22 | -34.4% |
| Credit institutions | 430/8 | €64 | €42 | -€22 | -34.4% |
| Trade debts | 44 | €5,843 | €12,523 | +€6,680 | +114.3% |
| Suppliers | 440/4 | €5,843 | €12,523 | +€6,680 | +114.3% |
| Taxes, remuneration and social security | 45 | €42,848 | €28,495 | -€14,354 | -33.5% |
| Taxes | 450/3 | €42,848 | €28,495 | -€14,354 | -33.5% |
| Other amounts payable | 47/48 | - | €9,936 | +€9,936 | |
| Accrued charges and deferred income | 492/3 | €39,154 | €88,794 | +€49,640 | +126.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €758 | +€251 | +49.6% |
| Other operating charges | 640/8 | €1,399 | €1,681 | +€283 | +20.2% |
| Gross operating margin | 9900 | €48,825 | €51,308 | +€2,483 | +5.1% |
| Operating profit (loss) | 9901 | €46,920 | €48,868 | +€1,948 | +4.2% |
| Financial income | 75/76B | €14,339 | €14,834 | +€495 | +3.5% |
| Recurring financial income | 75 | €14,339 | €14,834 | +€495 | +3.5% |
| Financial charges | 65/66B | -€6,519 | -€3,392 | +€3,127 | +48.0% |
| Recurring financial charges | 65 | -€6,519 | -€3,392 | +€3,127 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €67,777 | €67,094 | -€683 | -1.0% |
| Income taxes | 67/77 | €14,067 | €14,395 | +€327 | +2.3% |
| Profit (loss) for the period | 9904 | €53,710 | €52,700 | -€1,010 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,710 | €52,700 | -€1,010 | -1.9% |
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 10 October 2026 via checked.be.