COBIBE: 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.
COBIBE
Largest movements
- Receivables within one year -€46,632
down €46,632 (-86.0%), from €54,203 to €7,571
of which Trade receivables: -€47,772
- Cash +€1,106
up €1,106 (+155.8%), from €710 to €1,815
mainly Receivables within one year (+€46,632) and Depreciation (+€484)
- Other debts -€35,501
down €35,501 (-68.7%), from €51,682 to €16,180
- Trade debts -€7,732
down €7,732 (-100.0%), from €7,732 to €0
- Profit (loss) carried forward -€2,777
down €2,777 (-13.8%), from -€20,056 to -€22,833
- Gross operating margin -€131,031
down €131,031, from €129,759 to -€1,272
- Staff costs -€126,525
down €126,525 (-100.0%), from €126,525 to €0
- Financial charges -€2,632
down €2,632 (-77.6%), from €3,394 to €761
- Financial income -€1,943
down €1,943 (-100.0%), from €1,943 to €0
of which Non-recurring financial income: -€1,943
- Taxes -€1,581
down €1,581 (-100.0%), from €1,581 to €0
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 | €55,647 | €9,636 | -€46,010 | -82.7% |
| Fixed assets | 21/28 | €734 | €250 | -€484 | -65.9% |
| Tangible fixed assets | 22/27 | €484 | €0 | -€484 | -100.0% |
| Plant, machinery and equipment | 23 | €484 | €0 | -€484 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €54,913 | €9,386 | -€45,526 | -82.9% |
| Amounts receivable within one year | 40/41 | €54,203 | €7,571 | -€46,632 | -86.0% |
| Trade receivables | 40 | €51,451 | €3,679 | -€47,772 | -92.8% |
| Other amounts receivable | 41 | €2,752 | €3,892 | +€1,140 | +41.4% |
| Cash at bank and in hand | 54/58 | €710 | €1,815 | +€1,106 | +155.8% |
| Total equity and liabilities | 10/49 | €55,647 | €9,636 | -€46,010 | -82.7% |
| Equity | 10/15 | -€5,696 | -€8,473 | -€2,777 | -48.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 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 | -€20,056 | -€22,833 | -€2,777 | -13.8% |
| Amounts payable | 17/49 | €61,343 | €18,109 | -€43,234 | -70.5% |
| Amounts payable within one year | 42/48 | €61,343 | €18,109 | -€43,234 | -70.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,732 | €0 | -€7,732 | -100.0% |
| Suppliers | 440/4 | €7,732 | €0 | -€7,732 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,929 | €1,929 | = | 0.0% |
| Taxes | 450/3 | €1,929 | €1,929 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €51,682 | €16,180 | -€35,501 | -68.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €126,525 | €0 | -€126,525 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €484 | -€22 | -4.4% |
| Other operating charges | 640/8 | €244 | €247 | +€3 | +1.3% |
| Non-recurring operating charges | 66A | €2,708 | €13 | -€2,696 | -99.5% |
| Gross operating margin | 9900 | €129,759 | -€1,272 | -€131,031 | |
| Operating profit (loss) | 9901 | -€224 | -€2,015 | -€1,792 | -801.1% |
| Financial income | 75/76B | €1,943 | €0 | -€1,943 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial income | 76B | €1,943 | €0 | -€1,943 | -100.0% |
| Financial charges | 65/66B | €3,394 | €761 | -€2,632 | -77.6% |
| Recurring financial charges | 65 | €3,394 | €761 | -€2,632 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,674 | -€2,777 | -€1,103 | -65.9% |
| Income taxes | 67/77 | €1,581 | €0 | -€1,581 | -100.0% |
| Profit (loss) for the period | 9904 | -€3,255 | -€2,777 | +€478 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,255 | -€2,777 | +€478 | +14.7% |
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 11 October 2026 via checked.be.