COBRO: 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.
COBRO
Largest movements
- Stocks and contracts -€144,369
down €144,369 (-38.0%), from €379,471 to €235,101
- Receivables after one year +€139,900
new in 2024: €139,900
- Debts after one year -€26,940
down €26,940 (-100%), from €26,940 to €0
- Trade debts +€10,883
up €10,883 (+245%), from €4,443 to €15,326
- Profit (loss) carried forward +€10,644
up €10,644 (+9.3%), from -€114,258 to -€103,614
- Turnover -€380,120
down €380,120 (-69.5%), from €546,960 to €166,840
- Gross operating margin -€237,220
down €237,220 (-91.7%), from €258,772 to €21,552
- Purchases and services -€142,900
down €142,900 (-49.6%), from €288,188 to €145,288
- Other operating charges +€9,118
up €9,118 (+971%), from €939 to €10,058
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,787 | €376,811 | -€2,976 | -0.8% |
| Current assets | 29/58 | €379,787 | €376,811 | -€2,976 | -0.8% |
| Amounts receivable after more than one year | 29 | - | €139,900 | +€139,900 | |
| Other amounts receivable | 291 | - | €139,900 | +€139,900 | |
| Stocks and contracts in progress | 3 | €379,471 | €235,101 | -€144,369 | -38.0% |
| Stocks | 30/36 | €379,471 | €235,101 | -€144,369 | -38.0% |
| Amounts receivable within one year | 40/41 | €0 | €391 | +€391 | |
| Other amounts receivable | 41 | €0 | €391 | +€391 | |
| Cash at bank and in hand | 54/58 | €317 | €20 | -€297 | -93.8% |
| Deferred charges and accrued income | 490/1 | - | €1,399 | +€1,399 | |
| Total equity and liabilities | 10/49 | €379,787 | €376,811 | -€2,976 | -0.8% |
| Equity | 10/15 | €290,178 | €300,822 | +€10,644 | +3.7% |
| Contributions | 10/11 | €404,288 | €404,288 | = | 0.0% |
| Capital | 10 | €404,288 | €404,288 | = | 0.0% |
| Issued capital | 100 | €404,288 | €404,288 | = | 0.0% |
| Reserves | 13 | €148 | €148 | = | 0.0% |
| Non-distributable reserves | 130/1 | €148 | €148 | = | 0.0% |
| Legal reserve | 130 | €148 | €148 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,258 | -€103,614 | +€10,644 | +9.3% |
| Amounts payable | 17/49 | €89,610 | €75,989 | -€13,620 | -15.2% |
| Amounts payable after more than one year | 17 | €26,940 | €0 | -€26,940 | -100% |
| Other amounts payable | 178/9 | €26,940 | €0 | -€26,940 | -100% |
| Amounts payable within one year | 42/48 | €62,670 | €75,989 | +€13,320 | +21.3% |
| Trade debts | 44 | €4,443 | €15,326 | +€10,883 | +245% |
| Suppliers | 440/4 | €4,443 | €15,326 | +€10,883 | +245% |
| Taxes, remuneration and social security | 45 | €40 | €0 | -€40 | -100% |
| Taxes | 450/3 | €40 | €0 | -€40 | -100% |
| Other amounts payable | 47/48 | €58,187 | €60,663 | +€2,477 | +4.3% |
| Turnover | 70 | €546,960 | €166,840 | -€380,120 | -69.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €288,188 | €145,288 | -€142,900 | -49.6% |
| Other operating charges | 640/8 | €939 | €10,058 | +€9,118 | +971% |
| Gross operating margin | 9900 | €258,772 | €21,552 | -€237,220 | -91.7% |
| Operating profit (loss) | 9901 | €257,833 | €11,494 | -€246,338 | -95.5% |
| Financial income | 75/76B | - | €1,399 | +€1,399 | |
| Recurring financial income | 75 | - | €1,399 | +€1,399 | |
| Financial charges | 65/66B | €251 | €2,249 | +€1,998 | +795% |
| Recurring financial charges | 65 | €251 | €2,249 | +€1,998 | +795% |
| Profit (loss) for the period before taxes | 9903 | €257,581 | €10,644 | -€246,937 | -95.9% |
| Profit (loss) for the period | 9904 | €257,581 | €10,644 | -€246,937 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €257,581 | €10,644 | -€246,937 | -95.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.