COBRA MACHINERING: what changed
COBRA MACHINERING
Largest movements
- Tangible fixed assets -€5,800
down €5,800 (-92.9%), from €6,245 to €445
- Cash +€4,941
up €4,941 (+200%), from €2,475 to €7,416
mainly Depreciation (+€5,800) and Net result for the year (+€4,387)
- Receivables within one year -€1,465
down €1,465 (-52.9%), from €2,769 to €1,304
of which Trade receivables: -€1,158
- Profit (loss) carried forward +€4,387
up €4,387 (+12.4%), from -€35,261 to -€30,874
- Debts after one year -€4,060
down €4,060 (-100%), from €4,060 to €0
- Investment grants -€1,653
down €1,653 (-92.9%), from €1,780 to €127
- Other debts -€1,056
down €1,056 (-20.0%), from €5,270 to €4,213
- Tax, wage and social debts +€145
up €145 (+167%), from €87 to €232
- Gross operating margin +€9,215
up €9,215 (+87,674%), from €11 to €9,225
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,489 | €9,165 | -€2,324 | -20.2% |
| Fixed assets | 21/28 | €6,245 | €445 | -€5,800 | -92.9% |
| Tangible fixed assets | 22/27 | €6,245 | €445 | -€5,800 | -92.9% |
| Plant, machinery and equipment | 23 | €6,245 | €445 | -€5,800 | -92.9% |
| Current assets | 29/58 | €5,244 | €8,720 | +€3,476 | +66.3% |
| Amounts receivable within one year | 40/41 | €2,769 | €1,304 | -€1,465 | -52.9% |
| Trade receivables | 40 | €2,462 | €1,304 | -€1,158 | -47.0% |
| Other amounts receivable | 41 | €308 | €0 | -€308 | -100% |
| Cash at bank and in hand | 54/58 | €2,475 | €7,416 | +€4,941 | +200% |
| Total equity and liabilities | 10/49 | €11,489 | €9,165 | -€2,324 | -20.2% |
| Equity | 10/15 | -€2,081 | €653 | +€2,734 | |
| Contributions | 10/11 | €31,400 | €31,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,261 | -€30,874 | +€4,387 | +12.4% |
| Investment grants | 15 | €1,780 | €127 | -€1,653 | -92.9% |
| Provisions and deferred taxes | 16 | €94 | €7 | -€87 | -92.9% |
| Deferred taxes | 168 | €94 | €7 | -€87 | -92.9% |
| Amounts payable | 17/49 | €13,477 | €8,505 | -€4,971 | -36.9% |
| Amounts payable after more than one year | 17 | €4,060 | €0 | -€4,060 | -100% |
| Financial debts | 170/4 | €4,060 | €0 | -€4,060 | -100% |
| Amounts payable within one year | 42/48 | €9,417 | €8,505 | -€911 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €4,060 | €4,060 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €87 | €232 | +€145 | +167% |
| Taxes | 450/3 | €87 | €232 | +€145 | +167% |
| Other amounts payable | 47/48 | €5,270 | €4,213 | -€1,056 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,800 | €5,800 | -€0 | 0.0% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €11 | €9,225 | +€9,215 | +87,674% |
| Operating profit (loss) | 9901 | -€6,241 | €2,960 | +€9,200 | |
| Financial income | 75/76B | €1,653 | €1,653 | = | 0.0% |
| Recurring financial income | 75 | €1,653 | €1,653 | = | 0.0% |
| Financial charges | 65/66B | €280 | €225 | -€55 | -19.6% |
| Recurring financial charges | 65 | €280 | €225 | -€55 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,868 | €4,387 | +€9,255 | |
| Transfer from deferred taxes | 780 | €87 | €87 | = | 0.0% |
| Income taxes | 67/77 | €87 | €87 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€4,868 | €4,387 | +€9,255 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,868 | €4,387 | +€9,255 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.