COBE ARCHITECTEN: 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.
COBE ARCHITECTEN
Largest movements
- Receivables within one year -€315,073
down €315,073 (-82.0%), from €384,087 to €69,014
of which Trade receivables: -€316,570
- Deferred charges and accrued income +€291,342
up €291,342 (+482.6%), from €60,374 to €351,717
- Cash -€193,930
down €193,930 (-39.6%), from €489,585 to €295,656
mainly Other debts (-€390,745) and Deferred charges and accrued income (-€291,342)
- Tangible fixed assets -€106,319
down €106,319 (-10.6%), from €1.0m to €896,042
of which Land and buildings: -€84,577
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Other debts -€390,745
down €390,745 (-93.8%), from €416,665 to €25,919
- Profit (loss) carried forward +€61,554
up €61,554 (+9.6%), from €641,329 to €702,884
- Debts after one year -€60,930
down €60,930 (-8.4%), from €723,117 to €662,187
- Tax, wage and social debts -€36,208
down €36,208 (-39.5%), from €91,572 to €55,364
of which Taxes: -€31,961
- Gross operating margin +€70,885
up €70,885 (+18.7%), from €378,054 to €448,939
- Staff costs +€39,770
up €39,770 (+21.9%), from €181,922 to €221,692
- Taxes +€8,109
up €8,109 (+59.9%), from €13,541 to €21,650
- Financial income +€6,505
up €6,505 (+114.4%), from €5,684 to €12,188
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 | €2,036,408 | €1,612,429 | -€423,979 | -20.8% |
| Fixed assets | 21/28 | €1,002,361 | €896,042 | -€106,319 | -10.6% |
| Tangible fixed assets | 22/27 | €1,002,361 | €896,042 | -€106,319 | -10.6% |
| Land and buildings | 22 | €567,511 | €482,934 | -€84,577 | -14.9% |
| Plant, machinery and equipment | 23 | €78,683 | €87,462 | +€8,779 | +11.2% |
| Other tangible fixed assets | 26 | €356,167 | €325,646 | -€30,521 | -8.6% |
| Current assets | 29/58 | €1,034,047 | €716,387 | -€317,660 | -30.7% |
| Amounts receivable within one year | 40/41 | €384,087 | €69,014 | -€315,073 | -82.0% |
| Trade receivables | 40 | €383,023 | €66,453 | -€316,570 | -82.7% |
| Other amounts receivable | 41 | €1,064 | €2,561 | +€1,497 | +140.8% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €489,585 | €295,656 | -€193,930 | -39.6% |
| Deferred charges and accrued income | 490/1 | €60,374 | €351,717 | +€291,342 | +482.6% |
| Total equity and liabilities | 10/49 | €2,036,408 | €1,612,429 | -€423,979 | -20.8% |
| Equity | 10/15 | €724,430 | €785,984 | +€61,554 | +8.5% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €76,434 | €76,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €74,434 | €74,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | €641,329 | €702,884 | +€61,554 | +9.6% |
| Amounts payable | 17/49 | €1,311,978 | €826,444 | -€485,533 | -37.0% |
| Amounts payable after more than one year | 17 | €723,117 | €662,187 | -€60,930 | -8.4% |
| Financial debts | 170/4 | €723,117 | €662,187 | -€60,930 | -8.4% |
| Amounts payable within one year | 42/48 | €588,861 | €164,258 | -€424,603 | -72.1% |
| Current portion of amounts payable after more than one year | 42 | €60,346 | €60,906 | +€559 | +0.9% |
| Trade debts | 44 | €20,278 | €22,069 | +€1,790 | +8.8% |
| Suppliers | 440/4 | €20,278 | €22,069 | +€1,790 | +8.8% |
| Taxes, remuneration and social security | 45 | €91,572 | €55,364 | -€36,208 | -39.5% |
| Taxes | 450/3 | €78,155 | €46,194 | -€31,961 | -40.9% |
| Remuneration and social security | 454/9 | €13,417 | €9,170 | -€4,247 | -31.7% |
| Other amounts payable | 47/48 | €416,665 | €25,919 | -€390,745 | -93.8% |
| Remuneration, social security and pensions | 62 | €181,922 | €221,692 | +€39,770 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,093 | €146,930 | +€837 | +0.6% |
| Other operating charges | 640/8 | €1,438 | €1,473 | +€35 | +2.4% |
| Gross operating margin | 9900 | €378,054 | €448,939 | +€70,885 | +18.7% |
| Operating profit (loss) | 9901 | €48,601 | €78,843 | +€30,242 | +62.2% |
| Financial income | 75/76B | €5,684 | €12,188 | +€6,505 | +114.4% |
| Recurring financial income | 75 | €5,684 | €12,188 | +€6,505 | +114.4% |
| Financial charges | 65/66B | €8,319 | €7,827 | -€492 | -5.9% |
| Recurring financial charges | 65 | €8,299 | €7,789 | -€510 | -6.1% |
| Non-recurring financial charges | 66B | €20 | €37 | +€17 | +87.0% |
| Profit (loss) for the period before taxes | 9903 | €45,965 | €83,204 | +€37,239 | +81.0% |
| Income taxes | 67/77 | €13,541 | €21,650 | +€8,109 | +59.9% |
| Profit (loss) for the period | 9904 | €32,424 | €61,554 | +€29,131 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,424 | €61,554 | +€29,131 | +89.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.