COBYMA: 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.
COBYMA
Largest movements
- Cash +€27,490
up €27,490 (+141.8%), from €19,393 to €46,882
mainly Net result for the year (+€53,364) and Receivables within one year (+€4,199)
- Financial fixed assets +€6,000
up €6,000 (+4.2%), from €144,000 to €150,000
- Receivables within one year -€4,199
down €4,199 (-15.5%), from €27,071 to €22,872
of which Trade receivables: -€10,094
- Reserves +€52,531
up €52,531 (+103.9%), from €50,560 to €103,091
- Debts after one year -€15,397
down €15,397 (-18.4%), from €83,482 to €68,086
- Trade debts -€5,540
down €5,540 (-83.9%), from €6,599 to €1,060
- Financial income +€16,335
up €16,335 (+39503.8%), from €41 to €16,376
- Taxes +€4,486
up €4,486 (+19.9%), from €22,532 to €27,018
- Gross operating margin -€4,067
down €4,067 (-5.3%), from €76,874 to €72,808
- Financial charges -€1,682
down €1,682 (-19.9%), from €8,435 to €6,752
- Other operating charges +€1,045
up €1,045 (+353.2%), from €296 to €1,341
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 | €191,417 | €221,351 | +€29,934 | +15.6% |
| Fixed assets | 21/28 | €144,953 | €151,383 | +€6,430 | +4.4% |
| Tangible fixed assets | 22/27 | €953 | €1,383 | +€430 | +45.1% |
| Furniture and vehicles | 24 | €953 | €1,383 | +€430 | +45.1% |
| Financial fixed assets | 28 | €144,000 | €150,000 | +€6,000 | +4.2% |
| Current assets | 29/58 | €46,464 | €69,968 | +€23,504 | +50.6% |
| Amounts receivable within one year | 40/41 | €27,071 | €22,872 | -€4,199 | -15.5% |
| Trade receivables | 40 | €25,064 | €14,969 | -€10,094 | -40.3% |
| Other amounts receivable | 41 | €2,007 | €7,903 | +€5,895 | +293.7% |
| Cash at bank and in hand | 54/58 | €19,393 | €46,882 | +€27,490 | +141.8% |
| Deferred charges and accrued income | 490/1 | - | €213 | +€213 | |
| Total equity and liabilities | 10/49 | €191,417 | €221,351 | +€29,934 | +15.6% |
| Equity | 10/15 | €55,560 | €108,091 | +€52,531 | +94.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,560 | €103,091 | +€52,531 | +103.9% |
| Distributable reserves | 133 | €50,560 | €103,091 | +€52,531 | +103.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €135,857 | €113,260 | -€22,597 | -16.6% |
| Amounts payable after more than one year | 17 | €83,482 | €68,086 | -€15,397 | -18.4% |
| Financial debts | 170/4 | €83,482 | €68,086 | -€15,397 | -18.4% |
| Amounts payable within one year | 42/48 | €52,375 | €45,174 | -€7,200 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €16,004 | €16,652 | +€649 | +4.1% |
| Trade debts | 44 | €6,599 | €1,060 | -€5,540 | -83.9% |
| Suppliers | 440/4 | €6,599 | €1,060 | -€5,540 | -83.9% |
| Advances received on contracts in progress | 46 | €312 | €0 | -€312 | -100.0% |
| Taxes, remuneration and social security | 45 | €25,215 | €23,244 | -€1,971 | -7.8% |
| Taxes | 450/3 | €25,215 | €23,244 | -€1,971 | -7.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,244 | €4,218 | -€26 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €709 | +€437 | +160.3% |
| Other operating charges | 640/8 | €296 | €1,341 | +€1,045 | +353.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €76,874 | €72,808 | -€4,067 | -5.3% |
| Operating profit (loss) | 9901 | €76,306 | €70,758 | -€5,548 | -7.3% |
| Financial income | 75/76B | €41 | €16,376 | +€16,335 | +39503.8% |
| Recurring financial income | 75 | €41 | €16,376 | +€16,335 | +39503.8% |
| Financial charges | 65/66B | €8,435 | €6,752 | -€1,682 | -19.9% |
| Recurring financial charges | 65 | €8,435 | €6,752 | -€1,682 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €67,913 | €80,382 | +€12,469 | +18.4% |
| Income taxes | 67/77 | €22,532 | €27,018 | +€4,486 | +19.9% |
| Profit (loss) for the period | 9904 | €45,381 | €53,364 | +€7,983 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,381 | €53,364 | +€7,983 | +17.6% |
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.