Cogebi Services: 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.
Cogebi Services
Largest movements
- Receivables within one year -€82,507
down €82,507 (-29.5%), from €279,845 to €197,338
of which Trade receivables: -€89,536
- Cash +€26,178
up €26,178 (+55.8%), from €46,905 to €73,083
mainly Receivables within one year (+€82,507) and Trade debts (+€38,573)
- Profit (loss) carried forward -€76,591
down €76,591 (-75.3%), from €101,732 to €25,141
- Trade debts +€38,573
up €38,573 (+157%), from €24,494 to €63,067
- Tax, wage and social debts -€20,835
down €20,835 (-11.5%), from €181,506 to €160,671
of which Taxes: -€25,327
- Staff costs +€115,555
up €115,555 (+14.2%), from €812,647 to €928,202
- Gross operating margin +€41,365
up €41,365 (+5.1%), from €815,861 to €857,226
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €377,732 | €318,879 | -€58,853 | -15.6% |
| Fixed assets | 21/28 | €5,025 | €2,010 | -€3,015 | -60.0% |
| Tangible fixed assets | 22/27 | €5,025 | €2,010 | -€3,015 | -60.0% |
| Plant, machinery and equipment | 23 | €5,025 | €2,010 | -€3,015 | -60.0% |
| Current assets | 29/58 | €372,707 | €316,869 | -€55,838 | -15.0% |
| Amounts receivable within one year | 40/41 | €279,845 | €197,338 | -€82,507 | -29.5% |
| Trade receivables | 40 | €279,845 | €190,310 | -€89,536 | -32.0% |
| Other amounts receivable | 41 | €0 | €7,029 | +€7,029 | |
| Cash at bank and in hand | 54/58 | €46,905 | €73,083 | +€26,178 | +55.8% |
| Deferred charges and accrued income | 490/1 | €45,956 | €46,448 | +€491 | +1.1% |
| Total equity and liabilities | 10/49 | €377,732 | €318,879 | -€58,853 | -15.6% |
| Equity | 10/15 | €171,732 | €95,141 | -€76,591 | -44.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,732 | €25,141 | -€76,591 | -75.3% |
| Amounts payable | 17/49 | €206,000 | €223,738 | +€17,738 | +8.6% |
| Amounts payable within one year | 42/48 | €206,000 | €223,738 | +€17,738 | +8.6% |
| Trade debts | 44 | €24,494 | €63,067 | +€38,573 | +157% |
| Suppliers | 440/4 | €24,494 | €63,067 | +€38,573 | +157% |
| Taxes, remuneration and social security | 45 | €181,506 | €160,671 | -€20,835 | -11.5% |
| Taxes | 450/3 | €52,659 | €27,333 | -€25,327 | -48.1% |
| Remuneration and social security | 454/9 | €128,846 | €133,339 | +€4,492 | +3.5% |
| Remuneration, social security and pensions | 62 | €812,647 | €928,202 | +€115,555 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,190 | €3,015 | -€175 | -5.5% |
| Other operating charges | 640/8 | €2,866 | €1,295 | -€1,572 | -54.8% |
| Gross operating margin | 9900 | €815,861 | €857,226 | +€41,365 | +5.1% |
| Operating profit (loss) | 9901 | -€2,841 | -€75,285 | -€72,444 | -2,550% |
| Financial charges | 65/66B | €1,544 | €1,381 | -€163 | -10.5% |
| Recurring financial charges | 65 | €1,544 | €1,381 | -€163 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,385 | -€76,666 | -€72,281 | -1,648% |
| Income taxes | 67/77 | €6,649 | -€75 | -€6,724 | |
| Profit (loss) for the period | 9904 | -€11,034 | -€76,591 | -€65,557 | -594% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,034 | -€76,591 | -€65,557 | -594% |
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 26 October 2026 via checked.be.