COGC: 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.
COGC
Largest movements
- Cash +€25,753
up €25,753 (+85.5%), from €30,135 to €55,888
mainly Receivables within one year (+€10,575) and Trade debts (+€9,779)
- Receivables within one year -€10,575
down €10,575 (-85.6%), from €12,354 to €1,779
of which Trade receivables: -€8,862
- Tangible fixed assets -€4,203
down €4,203 (-27.7%), from €15,178 to €10,975
- Trade debts +€9,779
up €9,779 (+16164.1%), from €61 to €9,840
- Profit (loss) carried forward +€958
up €958 (+2.6%), from €36,727 to €37,685
- Gross operating margin +€7,284
up €7,284, from -€2,123 to €5,161
- Depreciation +€1,575
up €1,575 (+59.9%), from €2,628 to €4,203
- Other operating charges -€384
no longer reported in 2024 (was €384)
- Financial charges -€52
no longer reported in 2024 (was €52)
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.
Cash bridge derived
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 | €58,122 | €68,667 | +€10,545 | +18.1% |
| Fixed assets | 21/28 | €15,203 | €11,000 | -€4,203 | -27.6% |
| Tangible fixed assets | 22/27 | €15,178 | €10,975 | -€4,203 | -27.7% |
| Plant, machinery and equipment | 23 | €15,178 | €10,975 | -€4,203 | -27.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €42,919 | €57,667 | +€14,748 | +34.4% |
| Amounts receivable within one year | 40/41 | €12,354 | €1,779 | -€10,575 | -85.6% |
| Trade receivables | 40 | €10,641 | €1,779 | -€8,862 | -83.3% |
| Other amounts receivable | 41 | €1,713 | - | -€1,713 | |
| Cash at bank and in hand | 54/58 | €30,135 | €55,888 | +€25,753 | +85.5% |
| Deferred charges and accrued income | 490/1 | €431 | - | -€431 | |
| Total equity and liabilities | 10/49 | €58,122 | €68,667 | +€10,545 | +18.1% |
| Equity | 10/15 | €44,787 | €45,745 | +€958 | +2.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Outside capital | 11 | €8,060 | - | -€8,060 | |
| Share premium | 1100/10 | €8,060 | - | -€8,060 | |
| Profit (loss) carried forward | 14 | €36,727 | €37,685 | +€958 | +2.6% |
| Amounts payable | 17/49 | €13,335 | €22,922 | +€9,587 | +71.9% |
| Amounts payable within one year | 42/48 | €13,335 | €22,922 | +€9,587 | +71.9% |
| Trade debts | 44 | €61 | €9,840 | +€9,779 | +16164.1% |
| Suppliers | 440/4 | €61 | €9,840 | +€9,779 | +16164.1% |
| Taxes, remuneration and social security | 45 | €193 | - | -€193 | |
| Taxes | 450/3 | €193 | - | -€193 | |
| Other amounts payable | 47/48 | €13,082 | €13,082 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,628 | €4,203 | +€1,575 | +59.9% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€2,123 | €5,161 | +€7,284 | |
| Operating profit (loss) | 9901 | -€5,135 | €958 | +€6,094 | |
| Financial charges | 65/66B | €52 | - | -€52 | |
| Recurring financial charges | 65 | €52 | - | -€52 | |
| Profit (loss) for the period before taxes | 9903 | -€5,188 | €958 | +€6,146 | |
| Profit (loss) for the period | 9904 | -€5,188 | €958 | +€6,146 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,188 | €958 | +€6,146 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.