COBOCO: 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.
COBOCO
Largest movements
- Cash -€180,155
down €180,155 (-64.2%), from €280,546 to €100,391
mainly Contributions, distributions and other (-€259,301) and Tax, wage and social debts (-€15,272)
- Receivables within one year -€42,067
down €42,067 (-39.5%), from €106,522 to €64,455
of which Trade receivables: -€59,126
- Tangible fixed assets -€7,110
down €7,110 (-18.3%), from €38,876 to €31,765
of which Furniture and vehicles: -€6,900
- Reserves -€233,175
down €233,175 (-67.9%), from €343,270 to €110,095
- Other debts +€23,552
up €23,552 (+64.6%), from €36,481 to €60,033
- Tax, wage and social debts -€15,272
down €15,272 (-83.1%), from €18,380 to €3,108
- Trade debts -€5,748
down €5,748 (-51.3%), from €11,198 to €5,450
- Gross operating margin +€8,540
up €8,540 (+28.0%), from €30,508 to €39,048
- Depreciation +€5,710
up €5,710 (+229.6%), from €2,487 to €8,197
- Other operating charges -€3,009
down €3,009 (-79.3%), from €3,795 to €786
- Financial income -€2,306
down €2,306 (-35.3%), from €6,524 to €4,218
of which Non-recurring financial income: -€3,800
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 | €427,929 | €197,287 | -€230,642 | -53.9% |
| Fixed assets | 21/28 | €38,876 | €31,765 | -€7,110 | -18.3% |
| Tangible fixed assets | 22/27 | €38,876 | €31,765 | -€7,110 | -18.3% |
| Plant, machinery and equipment | 23 | €1,574 | €1,364 | -€210 | -13.3% |
| Furniture and vehicles | 24 | €37,302 | €30,402 | -€6,900 | -18.5% |
| Current assets | 29/58 | €389,054 | €165,521 | -€223,532 | -57.5% |
| Amounts receivable within one year | 40/41 | €106,522 | €64,455 | -€42,067 | -39.5% |
| Trade receivables | 40 | €105,693 | €46,568 | -€59,126 | -55.9% |
| Other amounts receivable | 41 | €828 | €17,887 | +€17,059 | +2059.8% |
| Cash at bank and in hand | 54/58 | €280,546 | €100,391 | -€180,155 | -64.2% |
| Deferred charges and accrued income | 490/1 | €1,986 | €675 | -€1,311 | -66.0% |
| Total equity and liabilities | 10/49 | €427,929 | €197,287 | -€230,642 | -53.9% |
| Equity | 10/15 | €361,870 | €128,695 | -€233,175 | -64.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €343,270 | €110,095 | -€233,175 | -67.9% |
| Distributable reserves | 133 | €343,270 | €110,095 | -€233,175 | -67.9% |
| Amounts payable | 17/49 | €66,059 | €68,592 | +€2,533 | +3.8% |
| Amounts payable within one year | 42/48 | €66,059 | €68,592 | +€2,533 | +3.8% |
| Trade debts | 44 | €11,198 | €5,450 | -€5,748 | -51.3% |
| Suppliers | 440/4 | €11,198 | €5,450 | -€5,748 | -51.3% |
| Taxes, remuneration and social security | 45 | €18,380 | €3,108 | -€15,272 | -83.1% |
| Taxes | 450/3 | €18,380 | €3,108 | -€15,272 | -83.1% |
| Other amounts payable | 47/48 | €36,481 | €60,033 | +€23,552 | +64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,487 | €8,197 | +€5,710 | +229.6% |
| Other operating charges | 640/8 | €3,795 | €786 | -€3,009 | -79.3% |
| Gross operating margin | 9900 | €30,508 | €39,048 | +€8,540 | +28.0% |
| Operating profit (loss) | 9901 | €24,225 | €30,065 | +€5,839 | +24.1% |
| Financial income | 75/76B | €6,524 | €4,218 | -€2,306 | -35.3% |
| Recurring financial income | 75 | €2,224 | €3,718 | +€1,494 | +67.2% |
| Non-recurring financial income | 76B | €4,300 | €500 | -€3,800 | -88.4% |
| Financial charges | 65/66B | €1,401 | €1,495 | +€94 | +6.7% |
| Recurring financial charges | 65 | €1,401 | €1,495 | +€94 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €29,349 | €32,788 | +€3,439 | +11.7% |
| Income taxes | 67/77 | €6,369 | €6,662 | +€293 | +4.6% |
| Profit (loss) for the period | 9904 | €22,980 | €26,126 | +€3,146 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,980 | €26,126 | +€3,146 | +13.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.