COGE IMMO: 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.
COGE IMMO
Largest movements
- Receivables within one year +€33,630
up €33,630 (+484.1%), from €6,947 to €40,577
of which Trade receivables: +€31,603
- Cash -€1,790
down €1,790 (-63.2%), from €2,833 to €1,043
mainly Receivables within one year (-€33,630) and Net result for the year (-€3,141)
- Other debts +€33,572
up €33,572 (+28.5%), from €117,901 to €151,474
- Profit (loss) carried forward -€3,141
down €3,141 (-123.9%), from -€2,536 to -€5,677
- Gross operating margin +€2,760
up €2,760 (+71.1%), from -€3,882 to -€1,122
- Other operating charges -€2,731
down €2,731 (-93.9%), from €2,909 to €177
- Financial charges +€144
up €144 (+10.2%), from €1,408 to €1,552
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 | €136,159 | €167,710 | +€31,551 | +23.2% |
| Fixed assets | 21/28 | €5,379 | €5,090 | -€290 | -5.4% |
| Tangible fixed assets | 22/27 | €5,379 | €5,090 | -€290 | -5.4% |
| Land and buildings | 22 | €5,379 | €5,090 | -€290 | -5.4% |
| Current assets | 29/58 | €130,779 | €162,620 | +€31,841 | +24.3% |
| Amounts receivable after more than one year | 29 | €121,000 | €121,000 | = | 0.0% |
| Other amounts receivable | 291 | €121,000 | €121,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,947 | €40,577 | +€33,630 | +484.1% |
| Trade receivables | 40 | €4,914 | €36,517 | +€31,603 | +643.1% |
| Other amounts receivable | 41 | €2,033 | €4,060 | +€2,027 | +99.7% |
| Cash at bank and in hand | 54/58 | €2,833 | €1,043 | -€1,790 | -63.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €136,159 | €167,710 | +€31,551 | +23.2% |
| Equity | 10/15 | €16,064 | €12,923 | -€3,141 | -19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€2,536 | -€5,677 | -€3,141 | -123.9% |
| Amounts payable | 17/49 | €120,094 | €154,786 | +€34,692 | +28.9% |
| Amounts payable within one year | 42/48 | €120,094 | €154,786 | +€34,692 | +28.9% |
| Trade debts | 44 | €2,193 | €3,313 | +€1,120 | +51.0% |
| Suppliers | 440/4 | €2,193 | €3,313 | +€1,120 | +51.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €117,901 | €151,474 | +€33,572 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €290 | = | 0.0% |
| Other operating charges | 640/8 | €2,909 | €177 | -€2,731 | -93.9% |
| Gross operating margin | 9900 | -€3,882 | -€1,122 | +€2,760 | +71.1% |
| Operating profit (loss) | 9901 | -€7,081 | -€1,589 | +€5,491 | +77.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,408 | €1,552 | +€144 | +10.2% |
| Recurring financial charges | 65 | €1,408 | €1,552 | +€144 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,489 | -€3,141 | +€5,348 | +63.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€8,489 | -€3,141 | +€5,348 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,489 | -€3,141 | +€5,348 | +63.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.