Cobot: 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.
Cobot
Largest movements
- Cash +€651,935
up €651,935 (+351%), from €185,989 to €837,924
mainly Net result for the year (+€360,053) and Contributions, distributions and other (+€285,000)
- Tangible fixed assets -€36,168
down €36,168 (-31.5%), from €114,789 to €78,622
of which Furniture and vehicles: -€31,904
- Deferred charges and accrued income -€31,428
down €31,428 (-73.6%), from €42,681 to €11,253
- Profit (loss) carried forward +€360,053
new in 2025: €360,053
- Contributions +€285,000
new in 2025: €285,000
- Debts within one year -€70,433
down €70,433 (-10.2%), from €689,721 to €619,288
of which Trade debts: -€45,660
- Gross operating margin +€271,308
up €271,308 (+28.9%), from €940,225 to €1.2m
- Staff costs -€91,409
down €91,409 (-10.2%), from €900,201 to €808,791
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
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 | €980,867 | €1,561,544 | +€580,677 | +59.2% |
| Fixed assets | 21/28 | €155,131 | €121,106 | -€34,025 | -21.9% |
| Tangible fixed assets | 22/27 | €114,789 | €78,622 | -€36,168 | -31.5% |
| Plant, machinery and equipment | 23 | €13,128 | €10,982 | -€2,146 | -16.3% |
| Furniture and vehicles | 24 | €95,849 | €63,945 | -€31,904 | -33.3% |
| Other tangible fixed assets | 26 | €5,812 | €3,694 | -€2,118 | -36.4% |
| Financial fixed assets | 28 | €40,342 | €42,485 | +€2,143 | +5.3% |
| Current assets | 29/58 | €825,736 | €1,440,437 | +€614,702 | +74.4% |
| Amounts receivable within one year | 40/41 | €597,065 | €591,260 | -€5,805 | -1.0% |
| Trade receivables | 40 | €48,066 | €43,334 | -€4,732 | -9.8% |
| Other amounts receivable | 41 | €548,999 | €547,926 | -€1,073 | -0.2% |
| Cash at bank and in hand | 54/58 | €185,989 | €837,924 | +€651,935 | +351% |
| Deferred charges and accrued income | 490/1 | €42,681 | €11,253 | -€31,428 | -73.6% |
| Total equity and liabilities | 10/49 | €980,867 | €1,561,544 | +€580,677 | +59.2% |
| Equity | 10/15 | - | €645,053 | +€645,053 | |
| Contributions | 10/11 | - | €285,000 | +€285,000 | |
| Capital | 10 | - | €285,000 | +€285,000 | |
| Profit (loss) carried forward | 14 | - | €360,053 | +€360,053 | |
| Provisions and deferred taxes | 16 | €197,049 | €197,049 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €197,049 | €197,049 | = | 0.0% |
| Environmental obligations | 163 | €197,049 | €197,049 | = | 0.0% |
| Amounts payable | 17/49 | €783,818 | €719,442 | -€64,376 | -8.2% |
| Amounts payable within one year | 42/48 | €689,721 | €619,288 | -€70,433 | -10.2% |
| Trade debts | 44 | €117,295 | €71,635 | -€45,660 | -38.9% |
| Suppliers | 440/4 | €117,295 | €71,635 | -€45,660 | -38.9% |
| Taxes, remuneration and social security | 45 | €140,697 | €102,836 | -€37,861 | -26.9% |
| Taxes | 450/3 | €30,972 | €11,217 | -€19,755 | -63.8% |
| Remuneration and social security | 454/9 | €109,726 | €91,620 | -€18,106 | -16.5% |
| Accrued charges and deferred income | 492/3 | €94,097 | €100,154 | +€6,057 | +6.4% |
| Non-recurring operating income | 76A | - | €14,162 | +€14,162 | |
| Remuneration, social security and pensions | 62 | €900,201 | €808,791 | -€91,409 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,016 | €41,324 | +€5,309 | +14.7% |
| Other operating charges | 640/8 | €4,284 | €3,831 | -€452 | -10.6% |
| Non-recurring operating charges | 66A | €0 | €588 | +€588 | |
| Gross operating margin | 9900 | €940,225 | €1,211,534 | +€271,308 | +28.9% |
| Operating profit (loss) | 9901 | -€275 | €356,999 | +€357,274 | |
| Financial income | 75/76B | €456 | €3,586 | +€3,131 | +687% |
| Recurring financial income | 75 | €456 | €3,586 | +€3,131 | +687% |
| Financial charges | 65/66B | €181 | €532 | +€351 | +194% |
| Recurring financial charges | 65 | €181 | €532 | +€351 | +194% |
| Profit (loss) for the period before taxes | 9903 | - | €360,053 | +€360,053 | |
| Profit (loss) for the period | 9904 | - | €360,053 | +€360,053 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €360,053 | +€360,053 |
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 14 October 2026 via checked.be.