COBI CONSULTING: 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.
COBI CONSULTING
Largest movements
- Cash -€124,423
down €124,423 (-83.2%), from €149,513 to €25,090
mainly Contributions, distributions and other (-€178,469) and Debts after one year (-€51,604)
- Tangible fixed assets -€45,698
down €45,698 (-9.8%), from €467,117 to €421,419
- Reserves -€103,489
down €103,489 (-27.4%), from €377,766 to €274,277
of which Distributable reserves: -€103,489
- Debts after one year -€51,604
down €51,604 (-27.9%), from €184,782 to €133,179
- Advances received -€26,862
down €26,862 (-100.0%), from €26,862 to €0
- Tax, wage and social debts +€10,914
up €10,914 (+37.1%), from €29,450 to €40,364
- Taxes -€5,480
down €5,480 (-15.4%), from €35,564 to €30,084
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 | €683,399 | €513,093 | -€170,306 | -24.9% |
| Fixed assets | 21/28 | €467,117 | €421,419 | -€45,698 | -9.8% |
| Tangible fixed assets | 22/27 | €467,117 | €421,419 | -€45,698 | -9.8% |
| Land and buildings | 22 | €388,108 | €370,879 | -€17,229 | -4.4% |
| Furniture and vehicles | 24 | €35,902 | €23,895 | -€12,008 | -33.4% |
| Other tangible fixed assets | 26 | €43,106 | €26,644 | -€16,462 | -38.2% |
| Current assets | 29/58 | €216,283 | €91,674 | -€124,608 | -57.6% |
| Amounts receivable within one year | 40/41 | €66,770 | €65,204 | -€1,566 | -2.3% |
| Trade receivables | 40 | €45,728 | €54,847 | +€9,118 | +19.9% |
| Other amounts receivable | 41 | €21,041 | €10,357 | -€10,684 | -50.8% |
| Cash at bank and in hand | 54/58 | €149,513 | €25,090 | -€124,423 | -83.2% |
| Deferred charges and accrued income | 490/1 | €0 | €1,380 | +€1,380 | |
| Total equity and liabilities | 10/49 | €683,399 | €513,093 | -€170,306 | -24.9% |
| Equity | 10/15 | €390,833 | €287,343 | -€103,489 | -26.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €377,766 | €274,277 | -€103,489 | -27.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €375,906 | €272,417 | -€103,489 | -27.5% |
| Profit (loss) carried forward | 14 | €667 | €667 | = | 0.0% |
| Amounts payable | 17/49 | €292,567 | €225,750 | -€66,817 | -22.8% |
| Amounts payable after more than one year | 17 | €184,782 | €133,179 | -€51,604 | -27.9% |
| Financial debts | 170/4 | €184,782 | €133,179 | -€51,604 | -27.9% |
| Amounts payable within one year | 42/48 | €107,785 | €92,571 | -€15,214 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €49,900 | €51,604 | +€1,704 | +3.4% |
| Trade debts | 44 | €1,573 | €603 | -€970 | -61.6% |
| Suppliers | 440/4 | €1,573 | €603 | -€970 | -61.6% |
| Advances received on contracts in progress | 46 | €26,862 | €0 | -€26,862 | -100.0% |
| Taxes, remuneration and social security | 45 | €29,450 | €40,364 | +€10,914 | +37.1% |
| Taxes | 450/3 | €29,450 | €40,364 | +€10,914 | +37.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,399 | €47,921 | +€522 | +1.1% |
| Other operating charges | 640/8 | €4,109 | €3,973 | -€137 | -3.3% |
| Gross operating margin | 9900 | €163,418 | €162,954 | -€463 | -0.3% |
| Operating profit (loss) | 9901 | €111,909 | €111,061 | -€849 | -0.8% |
| Financial income | 75/76B | €1,201 | €136 | -€1,066 | -88.7% |
| Recurring financial income | 75 | €1,201 | €136 | -€1,066 | -88.7% |
| Financial charges | 65/66B | €6,995 | €6,132 | -€863 | -12.3% |
| Recurring financial charges | 65 | €6,995 | €6,132 | -€863 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €106,115 | €105,065 | -€1,051 | -1.0% |
| Income taxes | 67/77 | €35,564 | €30,084 | -€5,480 | -15.4% |
| Profit (loss) for the period | 9904 | €70,551 | €74,980 | +€4,429 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,551 | €74,980 | +€4,429 | +6.3% |
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 5 October 2026 via checked.be.