COBERO: 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.
COBERO
Largest movements
- Cash -€15,941
down €15,941 (-60.7%), from €26,247 to €10,306
mainly Other debts (-€17,884) and Current investments (-€9,151)
- Receivables within one year -€13,936
down €13,936 (-60.9%), from €22,895 to €8,959
of which Trade receivables: -€14,501
- Current investments +€9,151
new in 2025: €9,151
- Tangible fixed assets -€1,077
down €1,077 (-4.7%), from €22,889 to €21,812
of which Land and buildings: -€910
- Financial fixed assets +€800
up €800 (+93.1%), from €859 to €1,659
- Other debts -€17,884
down €17,884 (-33.7%), from €53,100 to €35,216
- Trade debts -€2,848
down €2,848 (-58.6%), from €4,859 to €2,011
- Profit (loss) carried forward -€2,621
down €2,621 (-60.6%), from -€4,327 to -€6,947
- Tax, wage and social debts +€2,349
new in 2025: €2,349
- Gross operating margin +€5,523
up €5,523, from -€3,575 to €1,948
- Depreciation +€1,077
up €1,077 (+421.8%), from €255 to €1,332
- Financial income +€236
new in 2025: €236
- Other operating charges +€96
up €96 (+3.2%), from €3,024 to €3,120
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 | €74,313 | €53,311 | -€21,003 | -28.3% |
| Fixed assets | 21/28 | €23,748 | €23,471 | -€277 | -1.2% |
| Tangible fixed assets | 22/27 | €22,889 | €21,812 | -€1,077 | -4.7% |
| Land and buildings | 22 | €22,667 | €21,757 | -€910 | -4.0% |
| Plant, machinery and equipment | 23 | €222 | €55 | -€167 | -75.3% |
| Financial fixed assets | 28 | €859 | €1,659 | +€800 | +93.1% |
| Current assets | 29/58 | €50,566 | €29,840 | -€20,726 | -41.0% |
| Amounts receivable within one year | 40/41 | €22,895 | €8,959 | -€13,936 | -60.9% |
| Trade receivables | 40 | €21,414 | €6,913 | -€14,501 | -67.7% |
| Other amounts receivable | 41 | €1,481 | €2,046 | +€566 | +38.2% |
| Current investments | 50/53 | - | €9,151 | +€9,151 | |
| Cash at bank and in hand | 54/58 | €26,247 | €10,306 | -€15,941 | -60.7% |
| Deferred charges and accrued income | 490/1 | €1,423 | €1,423 | = | 0.0% |
| Total equity and liabilities | 10/49 | €74,313 | €53,311 | -€21,003 | -28.3% |
| Equity | 10/15 | €16,354 | €13,734 | -€2,621 | -16.0% |
| Contributions | 10/11 | €20,681 | €20,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,327 | -€6,947 | -€2,621 | -60.6% |
| Amounts payable | 17/49 | €57,959 | €39,577 | -€18,382 | -31.7% |
| Amounts payable within one year | 42/48 | €57,959 | €39,577 | -€18,382 | -31.7% |
| Trade debts | 44 | €4,859 | €2,011 | -€2,848 | -58.6% |
| Suppliers | 440/4 | €4,859 | €2,011 | -€2,848 | -58.6% |
| Taxes, remuneration and social security | 45 | - | €2,349 | +€2,349 | |
| Taxes | 450/3 | - | €2,349 | +€2,349 | |
| Other amounts payable | 47/48 | €53,100 | €35,216 | -€17,884 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €1,332 | +€1,077 | +421.8% |
| Other operating charges | 640/8 | €3,024 | €3,120 | +€96 | +3.2% |
| Gross operating margin | 9900 | -€3,575 | €1,948 | +€5,523 | |
| Operating profit (loss) | 9901 | -€6,854 | -€2,504 | +€4,350 | +63.5% |
| Financial income | 75/76B | - | €236 | +€236 | |
| Recurring financial income | 75 | - | €236 | +€236 | |
| Financial charges | 65/66B | €305 | €334 | +€29 | +9.5% |
| Recurring financial charges | 65 | €305 | €334 | +€29 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,159 | -€2,602 | +€4,557 | +63.7% |
| Income taxes | 67/77 | - | €19 | +€19 | |
| Profit (loss) for the period | 9904 | -€7,159 | -€2,621 | +€4,538 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,159 | -€2,621 | +€4,538 | +63.4% |
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 8 October 2026 via checked.be.