COG INDUSTRIE: 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.
What changed
COG INDUSTRIE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · -€3,186+€2.8m
Equity
€3.0m
2024 · €2.4m+€556,221
Cash
€960
2024 · €717+€243
Balance sheet total
€3.0m
2024 · €2.4m+€541,483
Largest movements
Assets
- Receivables within one year +€528,784
new in 2025: €528,784
Equity and liabilities
- Reserves +€556,221
up €556,221 (+24.0%), from €2.3m to €2.9m
of which Distributable reserves: +€556,221
Income statement
- Financial income +€2.8m
up €2.8m (+180,552,733%), from €2 to €2.8m
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.
Result 2024
-€3,186
Other operating charges
-€33
Other operating items
-€2,987
Financial income
+€2.8m
Financial charges
-€30
Taxes
-€0
Result 2025
€2.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€2.2m
Investment
€0
Financing
-€2.2m
Cash 2024
€717
From operations (derived)
+€2.2m
Net result for the year
+€2.8m
Receivables within one year
-€528,784
Deferred charges and accrued income
-€12,456
Trade debts
-€272
Other debts
-€14,466
Financing
-€2.2m
Contributions, distributions and other
-€2.2m
Cash 2025
€960
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,435,939 | €2,977,423 | +€541,483 | +22.2% |
| Fixed assets | 21/28 | €2,435,222 | €2,435,222 | = | 0.0% |
| Financial fixed assets | 28 | €2,435,222 | €2,435,222 | = | 0.0% |
| Affiliated companies | 280/1 | €2,435,222 | €2,435,222 | = | 0.0% |
| Participating interests | 280 | €2,435,222 | €2,435,222 | = | 0.0% |
| Current assets | 29/58 | €717 | €542,201 | +€541,483 | +75,480% |
| Amounts receivable within one year | 40/41 | - | €528,784 | +€528,784 | |
| Other amounts receivable | 41 | - | €528,784 | +€528,784 | |
| Cash at bank and in hand | 54/58 | €717 | €960 | +€243 | +33.8% |
| Deferred charges and accrued income | 490/1 | - | €12,456 | +€12,456 | |
| Total equity and liabilities | 10/49 | €2,435,939 | €2,977,423 | +€541,483 | +22.2% |
| Equity | 10/15 | €2,416,523 | €2,972,743 | +€556,221 | +23.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | - | €100,000 | +€100,000 | |
| Issued capital | 100 | - | €100,000 | +€100,000 | |
| Reserves | 13 | €2,316,523 | €2,872,743 | +€556,221 | +24.0% |
| Non-distributable reserves | 130/1 | €110,111 | €110,111 | = | 0.0% |
| Reserves not available under the articles | 1311 | €110,111 | €110,111 | = | 0.0% |
| Distributable reserves | 133 | €2,206,412 | €2,762,632 | +€556,221 | +25.2% |
| Amounts payable | 17/49 | €19,417 | €4,680 | -€14,737 | -75.9% |
| Amounts payable within one year | 42/48 | €19,417 | €4,680 | -€14,737 | -75.9% |
| Trade debts | 44 | €3,851 | €3,580 | -€272 | -7.1% |
| Suppliers | 440/4 | €3,851 | €3,580 | -€272 | -7.1% |
| Other amounts payable | 47/48 | €15,566 | €1,100 | -€14,466 | -92.9% |
| Operating charges | 60/66A | €3,037 | €6,057 | +€3,020 | +99.5% |
| Services and other goods | 61 | €1,951 | €4,939 | +€2,987 | +153% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | -€3,037 | -€6,057 | -€3,020 | -99.5% |
| Financial income | 75/76B | €2 | €2,762,458 | +€2.8m | +180,552,733% |
| Recurring financial income | 75 | €2 | €2,762,458 | +€2.8m | +180,552,733% |
| Income from financial fixed assets | 750 | - | €2,750,000 | +€2.8m | |
| Income from current assets | 751 | €2 | €12,458 | +€12,457 | +814,171% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Other financial charges | 652/9 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,185 | €2,756,221 | +€2.8m | |
| Income taxes | 67/77 | €0 | €1 | +€0 | +28.3% |
| Taxes | 670/3 | €0 | €1 | +€0 | +28.3% |
| Profit (loss) for the period | 9904 | -€3,186 | €2,756,221 | +€2.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,186 | €2,756,221 | +€2.8m |
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 15 October 2026 via checked.be.