COBRA VIP: 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.
COBRA VIP
Largest movements
- Cash -€512
down €512 (-54.2%), from €944 to €433
mainly Net result for the year (-€1,765) and Receivables within one year (-€246)
- Receivables within one year +€246
up €246 (+93.9%), from €262 to €508
- Profit (loss) carried forward -€1,765
down €1,765 (-58.6%), from -€3,014 to -€4,779
- Other debts +€1,500
up €1,500 (+46.6%), from €3,220 to €4,720
- Purchases and services -€2,879
no longer reported in 2025 (was €2,879)
- Gross operating margin +€1,652
up €1,652 (+57.4%), from -€2,879 to -€1,227
- Other operating charges +€272
up €272 (+211%), from €129 to €401
- Financial charges +€132
up €132 (+2,263%), from €6 to €138
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
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 | €1,206 | €941 | -€265 | -22.0% |
| Current assets | 29/58 | €1,206 | €941 | -€265 | -22.0% |
| Amounts receivable within one year | 40/41 | €262 | €508 | +€246 | +93.9% |
| Other amounts receivable | 41 | €262 | €508 | +€246 | +93.9% |
| Cash at bank and in hand | 54/58 | €944 | €433 | -€512 | -54.2% |
| Total equity and liabilities | 10/49 | €1,206 | €941 | -€265 | -22.0% |
| Equity | 10/15 | -€2,014 | -€3,779 | -€1,765 | -87.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Share premium | 1100/10 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,014 | -€4,779 | -€1,765 | -58.6% |
| Amounts payable | 17/49 | €3,220 | €4,720 | +€1,500 | +46.6% |
| Amounts payable within one year | 42/48 | €3,220 | €4,720 | +€1,500 | +46.6% |
| Other amounts payable | 47/48 | €3,220 | €4,720 | +€1,500 | +46.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,879 | - | -€2,879 | |
| Other operating charges | 640/8 | €129 | €401 | +€272 | +211% |
| Gross operating margin | 9900 | -€2,879 | -€1,227 | +€1,652 | +57.4% |
| Operating profit (loss) | 9901 | -€3,008 | -€1,628 | +€1,380 | +45.9% |
| Financial charges | 65/66B | €6 | €138 | +€132 | +2,263% |
| Recurring financial charges | 65 | €6 | €138 | +€132 | +2,263% |
| Profit (loss) for the period before taxes | 9903 | -€3,014 | -€1,765 | +€1,248 | +41.4% |
| Profit (loss) for the period | 9904 | -€3,014 | -€1,765 | +€1,248 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,014 | -€1,765 | +€1,248 | +41.4% |
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 18 October 2026 via checked.be.