COBID: 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.
COBID
Largest movements
- Receivables within one year -€1.7m
down €1.7m (-27.9%), from €6.1m to €4.4m
- Financial fixed assets +€1.1m
new in 2025: €1.1m
- Profit (loss) carried forward -€413,691
down €413,691 (-55.3%), from €748,616 to €334,925
- Reserves -€171,274
down €171,274 (-4.0%), from €4.3m to €4.1m
of which Distributable reserves: -€171,274
- Financial income -€77,734
down €77,734 (-31.1%), from €249,650 to €171,916
- Gross operating margin -€3,068
down €3,068 (-83.1%), from -€3,692 to -€6,760
- Purchases and services +€3,068
up €3,068 (+83.1%), from €3,692 to €6,760
- Financial charges +€507
new in 2025: €507
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 | €6,144,426 | €5,563,220 | -€581,206 | -9.5% |
| Fixed assets | 21/28 | - | €1,138,626 | +€1.1m | |
| Financial fixed assets | 28 | - | €1,138,626 | +€1.1m | |
| Current assets | 29/58 | €6,144,426 | €4,424,594 | -€1.7m | -28.0% |
| Amounts receivable within one year | 40/41 | €6,138,626 | €4,423,300 | -€1.7m | -27.9% |
| Other amounts receivable | 41 | €6,138,626 | €4,423,300 | -€1.7m | -27.9% |
| Cash at bank and in hand | 54/58 | €5,800 | €1,294 | -€4,506 | -77.7% |
| Total equity and liabilities | 10/49 | €6,144,426 | €5,563,220 | -€581,206 | -9.5% |
| Equity | 10/15 | €6,125,551 | €5,540,586 | -€584,965 | -9.5% |
| Contributions | 10/11 | €1,066,277 | €1,066,277 | = | 0.0% |
| Capital | 10 | €971,643 | €971,643 | = | 0.0% |
| Issued capital | 100 | €971,643 | €971,643 | = | 0.0% |
| Outside capital | 11 | €94,634 | €94,634 | = | 0.0% |
| Share premium | 1100/10 | €94,634 | €94,634 | = | 0.0% |
| Reserves | 13 | €4,310,658 | €4,139,383 | -€171,274 | -4.0% |
| Non-distributable reserves | 130/1 | €157,289 | €157,289 | = | 0.0% |
| Legal reserve | 130 | €157,289 | €157,289 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,982,094 | €3,982,094 | = | 0.0% |
| Distributable reserves | 133 | €171,274 | €0 | -€171,274 | -100.0% |
| Profit (loss) carried forward | 14 | €748,616 | €334,925 | -€413,691 | -55.3% |
| Amounts payable | 17/49 | €18,875 | €22,634 | +€3,759 | +19.9% |
| Amounts payable within one year | 42/48 | €18,875 | €22,634 | +€3,759 | +19.9% |
| Trade debts | 44 | €2,588 | €6,347 | +€3,759 | +145.3% |
| Suppliers | 440/4 | €2,588 | €6,347 | +€3,759 | +145.3% |
| Other amounts payable | 47/48 | €16,287 | €16,287 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,692 | €6,760 | +€3,068 | +83.1% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€3,692 | -€6,760 | -€3,068 | -83.1% |
| Operating profit (loss) | 9901 | -€4,659 | -€7,758 | -€3,099 | -66.5% |
| Financial income | 75/76B | €249,650 | €171,916 | -€77,734 | -31.1% |
| Recurring financial income | 75 | €249,650 | €171,916 | -€77,734 | -31.1% |
| Financial charges | 65/66B | - | €507 | +€507 | |
| Recurring financial charges | 65 | - | €507 | +€507 | |
| Profit (loss) for the period before taxes | 9903 | €244,991 | €163,651 | -€81,339 | -33.2% |
| Profit (loss) for the period | 9904 | €244,991 | €163,651 | -€81,339 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €244,991 | €163,651 | -€81,339 | -33.2% |
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.