COBIS: 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.
COBIS
Largest movements
- Receivables within one year -€61,330
down €61,330 (-44.1%), from €139,214 to €77,884
of which Trade receivables: -€51,832
- Cash -€50,180
down €50,180 (-13.6%), from €369,289 to €319,109
mainly Trade debts (-€42,935) and Net result for the year (-€42,726)
- Trade debts -€42,935
down €42,935 (-63.6%), from €67,521 to €24,586
- Profit (loss) carried forward -€42,726
down €42,726 (-20.0%), from €213,158 to €170,432
- Accrued charges and deferred income -€27,341
no longer reported in 2025 (was €27,341)
- Gross operating margin -€119,087
down €119,087, from €110,860 to -€8,227
- Taxes -€25,291
down €25,291 (-99.2%), from €25,497 to €206
- Staff costs +€6,144
up €6,144 (+21.0%), from €29,317 to €35,461
- Financial charges -€2,768
down €2,768 (-77.8%), from €3,560 to €792
- Depreciation -€1,711
down €1,711 (-62.7%), from €2,727 to €1,016
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 | €984,318 | €870,316 | -€114,002 | -11.6% |
| Fixed assets | 21/28 | €46,397 | €45,381 | -€1,016 | -2.2% |
| Tangible fixed assets | 22/27 | €1,397 | €381 | -€1,016 | -72.7% |
| Furniture and vehicles | 24 | €1,397 | €381 | -€1,016 | -72.7% |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €937,921 | €824,935 | -€112,986 | -12.0% |
| Amounts receivable within one year | 40/41 | €139,214 | €77,884 | -€61,330 | -44.1% |
| Trade receivables | 40 | €92,756 | €40,924 | -€51,832 | -55.9% |
| Other amounts receivable | 41 | €46,458 | €36,960 | -€9,498 | -20.4% |
| Current investments | 50/53 | €410,130 | €410,130 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €369,289 | €319,109 | -€50,180 | -13.6% |
| Deferred charges and accrued income | 490/1 | €19,288 | €17,812 | -€1,476 | -7.7% |
| Total equity and liabilities | 10/49 | €984,318 | €870,316 | -€114,002 | -11.6% |
| Equity | 10/15 | €888,359 | €845,633 | -€42,726 | -4.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €656,609 | €656,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €654,750 | €654,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,158 | €170,432 | -€42,726 | -20.0% |
| Amounts payable | 17/49 | €95,959 | €24,683 | -€71,276 | -74.3% |
| Amounts payable within one year | 42/48 | €68,618 | €24,683 | -€43,935 | -64.0% |
| Trade debts | 44 | €67,521 | €24,586 | -€42,935 | -63.6% |
| Suppliers | 440/4 | €67,521 | €24,586 | -€42,935 | -63.6% |
| Other amounts payable | 47/48 | €1,097 | €97 | -€1,000 | -91.2% |
| Accrued charges and deferred income | 492/3 | €27,341 | - | -€27,341 | |
| Remuneration, social security and pensions | 62 | €29,317 | €35,461 | +€6,144 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,727 | €1,016 | -€1,711 | -62.7% |
| Other operating charges | 640/8 | €142 | €154 | +€12 | +8.5% |
| Gross operating margin | 9900 | €110,860 | -€8,227 | -€119,087 | |
| Operating profit (loss) | 9901 | €78,674 | -€44,858 | -€123,532 | |
| Financial income | 75/76B | €1,716 | €3,130 | +€1,414 | +82.4% |
| Recurring financial income | 75 | €1,716 | €3,130 | +€1,414 | +82.4% |
| Financial charges | 65/66B | €3,560 | €792 | -€2,768 | -77.8% |
| Recurring financial charges | 65 | €3,560 | €792 | -€2,768 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €76,830 | -€42,520 | -€119,350 | |
| Income taxes | 67/77 | €25,497 | €206 | -€25,291 | -99.2% |
| Profit (loss) for the period | 9904 | €51,333 | -€42,726 | -€94,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,333 | -€42,726 | -€94,059 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.