Cobral Computing: 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.
Cobral Computing
Largest movements
- Cash +€256,566
up €256,566 (+28.6%), from €896,140 to €1.2m
mainly Net result for the year (+€782,370) and Other debts (+€506,731)
- Receivables within one year -€148,303
down €148,303 (-19.3%), from €770,065 to €621,763
of which Trade receivables: -€148,303
- Tangible fixed assets +€93,740
up €93,740 (+38.2%), from €245,701 to €339,441
of which Other tangible fixed assets: +€48,294
- Intangible fixed assets -€45,360
down €45,360 (-25.0%), from €181,483 to €136,123
- Other debts +€506,731
up €506,731 (+47.9%), from €1.1m to €1.6m
- Reserves -€166,338
down €166,338 (-48.2%), from €344,905 to €178,567
of which Distributable reserves: -€166,338
- Debts after one year -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Trade debts -€47,577
down €47,577 (-11.9%), from €400,989 to €353,411
- Turnover -€3.7m
no longer reported in 2025 (was €3.7m)
- Purchases and services -€1.9m
no longer reported in 2025 (was €1.9m)
- Staff costs +€124,578
up €124,578 (+18.6%), from €669,741 to €794,319
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 | €2,157,124 | €2,344,224 | +€187,100 | +8.7% |
| Fixed assets | 21/28 | €427,184 | €475,564 | +€48,380 | +11.3% |
| Intangible fixed assets | 21 | €181,483 | €136,123 | -€45,360 | -25.0% |
| Tangible fixed assets | 22/27 | €245,701 | €339,441 | +€93,740 | +38.2% |
| Plant, machinery and equipment | 23 | €8,443 | €10,063 | +€1,620 | +19.2% |
| Furniture and vehicles | 24 | €228,493 | €272,320 | +€43,826 | +19.2% |
| Other tangible fixed assets | 26 | €8,764 | €57,058 | +€48,294 | +551.0% |
| Current assets | 29/58 | €1,729,940 | €1,868,660 | +€138,720 | +8.0% |
| Stocks and contracts in progress | 3 | €58,478 | €71,171 | +€12,693 | +21.7% |
| Stocks | 30/36 | €58,478 | €71,171 | +€12,693 | +21.7% |
| Amounts receivable within one year | 40/41 | €770,065 | €621,763 | -€148,303 | -19.3% |
| Trade receivables | 40 | €770,065 | €621,763 | -€148,303 | -19.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €896,140 | €1,152,706 | +€256,566 | +28.6% |
| Deferred charges and accrued income | 490/1 | €5,256 | €23,021 | +€17,765 | +338.0% |
| Total equity and liabilities | 10/49 | €2,157,124 | €2,344,224 | +€187,100 | +8.7% |
| Equity | 10/15 | €357,305 | €197,167 | -€160,138 | -44.8% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €344,905 | €178,567 | -€166,338 | -48.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €343,045 | €176,707 | -€166,338 | -48.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,799,819 | €2,147,057 | +€347,238 | +19.3% |
| Amounts payable after more than one year | 17 | €75,000 | €0 | -€75,000 | -100.0% |
| Financial debts | 170/4 | €75,000 | €0 | -€75,000 | -100.0% |
| Amounts payable within one year | 42/48 | €1,724,819 | €2,147,057 | +€422,238 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €96,050 | €75,000 | -€21,050 | -21.9% |
| Financial debts | 43 | €6,801 | €1,552 | -€5,249 | -77.2% |
| Credit institutions | 430/8 | €6,801 | €1,552 | -€5,249 | -77.2% |
| Trade debts | 44 | €400,989 | €353,411 | -€47,577 | -11.9% |
| Suppliers | 440/4 | €400,989 | €353,411 | -€47,577 | -11.9% |
| Taxes, remuneration and social security | 45 | €163,479 | €152,862 | -€10,617 | -6.5% |
| Taxes | 450/3 | €77,692 | €53,132 | -€24,561 | -31.6% |
| Remuneration and social security | 454/9 | €85,786 | €99,730 | +€13,944 | +16.3% |
| Other amounts payable | 47/48 | €1,057,501 | €1,564,232 | +€506,731 | +47.9% |
| Turnover | 70 | €3,652,269 | - | -€3.7m | |
| Non-recurring operating income | 76A | €325 | €11,219 | +€10,894 | +3353.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,937,205 | - | -€1.9m | |
| Remuneration, social security and pensions | 62 | €669,741 | €794,319 | +€124,578 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,287 | €153,151 | +€24,864 | +19.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €2,062 | +€2,062 | |
| Other operating charges | 640/8 | €6,334 | €8,088 | +€1,754 | +27.7% |
| Non-recurring operating charges | 66A | €10 | €162 | +€152 | +1520.0% |
| Gross operating margin | 9900 | €1,751,535 | €1,773,405 | +€21,870 | +1.2% |
| Operating profit (loss) | 9901 | €947,164 | €815,623 | -€131,541 | -13.9% |
| Financial income | 75/76B | €96 | €1,630 | +€1,533 | +1595.1% |
| Recurring financial income | 75 | €96 | €1,630 | +€1,533 | +1595.1% |
| Financial charges | 65/66B | €22,030 | €12,597 | -€9,433 | -42.8% |
| Recurring financial charges | 65 | €22,030 | €12,597 | -€9,433 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €925,230 | €804,656 | -€120,575 | -13.0% |
| Income taxes | 67/77 | €24,169 | €22,286 | -€1,883 | -7.8% |
| Profit (loss) for the period | 9904 | €901,061 | €782,370 | -€118,692 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €901,061 | €782,370 | -€118,692 | -13.2% |
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 11 October 2026 via checked.be.