Skip to content

COBROU: 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.

What changed

COBROU

BE 0860.483.931
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€13,007
2023 · €2,736+€10,271
Equity
€58,876
2023 · €45,870+€13,007
Cash
€3,857
2023 · €3,268+€589
Balance sheet total
€568,625
2023 · €615,624-€46,999

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€46,331

    down €46,331 (-7.6%), from €607,207 to €560,875

    of which Land and buildings: -€51,655

Equity and liabilities
  • Debts after one year -€64,563

    down €64,563 (-15.3%), from €422,858 to €358,295

    of which Financial debts: -€84,563

  • Profit (loss) carried forward +€13,007

    up €13,007 (+75.9%), from -€17,130 to -€4,124

  • Trade debts -€6,519

    down €6,519 (-48.2%), from €13,514 to €6,995

Income statement
  • Gross operating margin +€11,635

    up €11,635 (+14.5%), from €80,164 to €91,799

  • Taxes +€2,438

    up €2,438 (+104.3%), from €2,338 to €4,777

  • Financial charges -€1,076

    down €1,076 (-9.6%), from €11,267 to €10,191

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €2,736
Gross operating margin +€11,635
Depreciation +€683
Other operating charges -€706
Financial income +€21
Financial charges +€1,076
Taxes -€2,438
Result 2024 €13,007

Cash bridge derived

cash 2023 to 2024

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.

From operations +€71,911
Investment -€6,840
Financing -€64,481
Cash 2023 €3,268
Net result for the year +€13,007
Depreciation +€53,171
Deferred charges and accrued income +€1,257
Trade debts -€6,519
Tax, wage and social debts +€2,400
Other debts +€2,986
Accrued charges and deferred income +€5,608
Investment in fixed assets (net) -€6,840
Debts after one year -€64,563
Current portion of long-term debt +€82
Cash 2024 €3,857
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €615,624 €568,625 -€46,999 -7.6%
Fixed assets 21/28 €607,207 €560,875 -€46,331 -7.6%
Tangible fixed assets 22/27 €607,207 €560,875 -€46,331 -7.6%
Land and buildings 22 €607,207 €555,552 -€51,655 -8.5%
Furniture and vehicles 24 €0 €5,323 +€5,323
Current assets 29/58 €8,418 €7,749 -€668 -7.9%
Cash at bank and in hand 54/58 €3,268 €3,857 +€589 +18.0%
Deferred charges and accrued income 490/1 €5,149 €3,892 -€1,257 -24.4%
Total equity and liabilities 10/49 €615,624 €568,625 -€46,999 -7.6%
Equity 10/15 €45,870 €58,876 +€13,007 +28.4%
Contributions 10/11 €63,000 €63,000 = 0.0%
Capital 10 €63,000 €63,000 = 0.0%
Issued capital 100 €63,000 €63,000 = 0.0%
Profit (loss) carried forward 14 -€17,130 -€4,124 +€13,007 +75.9%
Amounts payable 17/49 €569,755 €509,749 -€60,006 -10.5%
Amounts payable after more than one year 17 €422,858 €358,295 -€64,563 -15.3%
Financial debts 170/4 €372,858 €288,295 -€84,563 -22.7%
Other amounts payable 178/9 €50,000 €70,000 +€20,000 +40.0%
Amounts payable within one year 42/48 €143,030 €141,979 -€1,051 -0.7%
Current portion of amounts payable after more than one year 42 €86,573 €86,655 +€82 +0.1%
Trade debts 44 €13,514 €6,995 -€6,519 -48.2%
Suppliers 440/4 €13,514 €6,995 -€6,519 -48.2%
Taxes, remuneration and social security 45 €2,300 €4,700 +€2,400 +104.3%
Taxes 450/3 €2,300 €4,700 +€2,400 +104.3%
Other amounts payable 47/48 €40,642 €43,628 +€2,986 +7.3%
Accrued charges and deferred income 492/3 €3,867 €9,475 +€5,608 +145.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €53,855 €53,171 -€683 -1.3%
Other operating charges 640/8 €9,968 €10,674 +€706 +7.1%
Gross operating margin 9900 €80,164 €91,799 +€11,635 +14.5%
Operating profit (loss) 9901 €16,341 €27,953 +€11,612 +71.1%
Financial income 75/76B - €21 +€21
Recurring financial income 75 - €21 +€21
Financial charges 65/66B €11,267 €10,191 -€1,076 -9.6%
Recurring financial charges 65 €11,267 €10,191 -€1,076 -9.6%
Profit (loss) for the period before taxes 9903 €5,074 €17,783 +€12,709 +250.5%
Income taxes 67/77 €2,338 €4,777 +€2,438 +104.3%
Profit (loss) for the period 9904 €2,736 €13,007 +€10,271 +375.4%
Profit (loss) for the period to be appropriated 9905 €2,736 €13,007 +€10,271 +375.4%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.