Cobranet: what changed
Two fiscal 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.
Cobranet
Largest movements
- Cash +€18,101
up €18,101 (+11.0%), from €164,792 to €182,893
mainly Net result for the year (+€126,142) and Other debts (+€11,586)
- Tangible fixed assets -€6,601
down €6,601 (-32.3%), from €20,445 to €13,844
- Receivables within one year -€4,726
down €4,726 (-10.6%), from €44,758 to €40,032
of which Other amounts receivable: -€5,803
- Other debts +€11,586
up €11,586 (+68.8%), from €16,850 to €28,436
- Trade debts -€11,038
down €11,038 (-28.9%), from €38,154 to €27,115
- Tax, wage and social debts +€9,360
up €9,360 (+13.0%), from €71,864 to €81,225
of which Taxes: +€9,104
- Profit (loss) carried forward -€3,858
down €3,858 (-4.7%), from €81,768 to €77,910
- Gross operating margin +€17,845
up €17,845 (+7.8%), from €228,019 to €245,865
- Taxes +€5,629
up €5,629 (+12.3%), from €45,676 to €51,305
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 | €234,091 | €240,367 | +€6,276 | +2.7% |
| Fixed assets | 21/28 | €20,445 | €13,844 | -€6,601 | -32.3% |
| Tangible fixed assets | 22/27 | €20,445 | €13,844 | -€6,601 | -32.3% |
| Furniture and vehicles | 24 | €20,445 | €13,844 | -€6,601 | -32.3% |
| Current assets | 29/58 | €213,646 | €226,523 | +€12,877 | +6.0% |
| Amounts receivable within one year | 40/41 | €44,758 | €40,032 | -€4,726 | -10.6% |
| Trade receivables | 40 | €23,758 | €24,835 | +€1,077 | +4.5% |
| Other amounts receivable | 41 | €21,000 | €15,197 | -€5,803 | -27.6% |
| Cash at bank and in hand | 54/58 | €164,792 | €182,893 | +€18,101 | +11.0% |
| Deferred charges and accrued income | 490/1 | €4,096 | €3,597 | -€499 | -12.2% |
| Total equity and liabilities | 10/49 | €234,091 | €240,367 | +€6,276 | +2.7% |
| Equity | 10/15 | €89,824 | €85,967 | -€3,858 | -4.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,768 | €77,910 | -€3,858 | -4.7% |
| Amounts payable | 17/49 | €144,267 | €154,400 | +€10,133 | +7.0% |
| Amounts payable within one year | 42/48 | €144,267 | €154,400 | +€10,133 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €17,399 | €17,624 | +€225 | +1.3% |
| Trade debts | 44 | €38,154 | €27,115 | -€11,038 | -28.9% |
| Suppliers | 440/4 | €38,154 | €27,115 | -€11,038 | -28.9% |
| Taxes, remuneration and social security | 45 | €71,864 | €81,225 | +€9,360 | +13.0% |
| Taxes | 450/3 | €65,636 | €74,741 | +€9,104 | +13.9% |
| Remuneration and social security | 454/9 | €6,228 | €6,484 | +€256 | +4.1% |
| Other amounts payable | 47/48 | €16,850 | €28,436 | +€11,586 | +68.8% |
| Remuneration, social security and pensions | 62 | €56,320 | €56,860 | +€541 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,240 | €6,601 | -€639 | -8.8% |
| Other operating charges | 640/8 | €3,598 | €1,665 | -€1,933 | -53.7% |
| Gross operating margin | 9900 | €228,019 | €245,865 | +€17,845 | +7.8% |
| Operating profit (loss) | 9901 | €160,862 | €180,739 | +€19,877 | +12.4% |
| Financial income | 75/76B | €241 | €17 | -€224 | -92.8% |
| Recurring financial income | 75 | €241 | €17 | -€224 | -92.8% |
| Financial charges | 65/66B | €4,770 | €3,309 | -€1,462 | -30.6% |
| Recurring financial charges | 65 | €4,770 | €3,309 | -€1,462 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €156,332 | €177,447 | +€21,115 | +13.5% |
| Income taxes | 67/77 | €45,676 | €51,305 | +€5,629 | +12.3% |
| Profit (loss) for the period | 9904 | €110,656 | €126,142 | +€15,486 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €110,656 | €126,142 | +€15,486 | +14.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.