COBOSYSTEMS: 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.
COBOSYSTEMS
Largest movements
- Receivables within one year +€25,331
up €25,331 (+5.9%), from €428,104 to €453,435
of which Other amounts receivable: +€32,072
- Intangible fixed assets -€16,600
down €16,600 (-14.3%), from €116,400 to €99,800
- Tax, wage and social debts +€20,183
up €20,183 (+37.3%), from €54,161 to €74,344
of which Taxes: +€11,379
- Debts after one year -€13,077
down €13,077 (-65.9%), from €19,846 to €6,770
- Gross operating margin -€26,823
down €26,823 (-17.8%), from €150,379 to €123,557
- Staff costs +€6,660
up €6,660 (+7.4%), from €89,490 to €96,151
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €545,689 | €554,421 | +€8,732 | +1.6% |
| Fixed assets | 21/28 | €116,877 | €100,277 | -€16,600 | -14.2% |
| Intangible fixed assets | 21 | €116,400 | €99,800 | -€16,600 | -14.3% |
| Financial fixed assets | 28 | €477 | €477 | = | 0.0% |
| Current assets | 29/58 | €428,812 | €454,144 | +€25,332 | +5.9% |
| Amounts receivable within one year | 40/41 | €428,104 | €453,435 | +€25,331 | +5.9% |
| Trade receivables | 40 | €105,186 | €98,444 | -€6,742 | -6.4% |
| Other amounts receivable | 41 | €322,918 | €354,991 | +€32,072 | +9.9% |
| Deferred charges and accrued income | 490/1 | €708 | €709 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €545,689 | €554,421 | +€8,732 | +1.6% |
| Equity | 10/15 | €423,222 | €427,672 | +€4,450 | +1.1% |
| Contributions | 10/11 | €1,414,656 | €1,414,656 | = | 0.0% |
| Capital | 10 | €1,414,656 | €1,414,656 | = | 0.0% |
| Issued capital | 100 | €1,414,656 | €1,414,656 | = | 0.0% |
| Reserves | 13 | €22,815 | €22,815 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,815 | €22,815 | = | 0.0% |
| Legal reserve | 130 | €22,815 | €22,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,014,249 | -€1,009,799 | +€4,450 | +0.4% |
| Amounts payable | 17/49 | €122,468 | €126,749 | +€4,282 | +3.5% |
| Amounts payable after more than one year | 17 | €19,846 | €6,770 | -€13,077 | -65.9% |
| Financial debts | 170/4 | €19,846 | €6,770 | -€13,077 | -65.9% |
| Amounts payable within one year | 42/48 | €102,621 | €119,980 | +€17,359 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €14,681 | €13,077 | -€1,605 | -10.9% |
| Financial debts | 43 | €29,641 | €29,988 | +€348 | +1.2% |
| Credit institutions | 430/8 | €29,641 | €29,988 | +€348 | +1.2% |
| Trade debts | 44 | €4,138 | €2,571 | -€1,567 | -37.9% |
| Suppliers | 440/4 | €4,138 | €2,571 | -€1,567 | -37.9% |
| Taxes, remuneration and social security | 45 | €54,161 | €74,344 | +€20,183 | +37.3% |
| Taxes | 450/3 | €29,577 | €40,956 | +€11,379 | +38.5% |
| Remuneration and social security | 454/9 | €24,583 | €33,387 | +€8,804 | +35.8% |
| Remuneration, social security and pensions | 62 | €89,490 | €96,151 | +€6,660 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,600 | €16,600 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €150,379 | €123,557 | -€26,823 | -17.8% |
| Operating profit (loss) | 9901 | €43,902 | €10,406 | -€33,495 | -76.3% |
| Financial income | 75/76B | €5,656 | €5,023 | -€633 | -11.2% |
| Recurring financial income | 75 | €5,656 | €5,023 | -€633 | -11.2% |
| Financial charges | 65/66B | €11,371 | €10,533 | -€838 | -7.4% |
| Recurring financial charges | 65 | €11,371 | €10,533 | -€838 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €38,186 | €4,896 | -€33,290 | -87.2% |
| Income taxes | 67/77 | €414 | €446 | +€31 | +7.6% |
| Profit (loss) for the period | 9904 | €37,772 | €4,450 | -€33,322 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,772 | €4,450 | -€33,322 | -88.2% |
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 13 October 2026 via checked.be.