COGEN World Coalition: 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.
COGEN World Coalition
Largest movements
- Cash -€2,367
down €2,367 (-10.4%), from €22,698 to €20,331
mainly Net result for the year (-€2,952) and Trade debts (-€976)
- Intangible fixed assets -€1,850
no longer reported in 2025 (was €1,850)
- Receivables within one year -€342
down €342 (-4.8%), from €7,144 to €6,802
of which Other amounts receivable: -€380
- Profit (loss) carried forward -€2,952
down €2,952 (-9.8%), from -€30,039 to -€32,991
- Trade debts -€976
down €976 (-88.7%), from €1,100 to €124
- Accrued charges and deferred income -€631
no longer reported in 2025 (was €631)
- Gross operating margin +€22,812
up €22,812, from -€21,750 to €1,062
- Other operating charges +€1,043
new in 2025: €1,043
- Write-downs -€1,025
down €1,025, from €512 to -€513
- Financial charges +€666
up €666 (+68.8%), from €968 to €1,634
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 | €31,692 | €27,133 | -€4,559 | -14.4% |
| Fixed assets | 21/28 | €1,850 | - | -€1,850 | |
| Intangible fixed assets | 21 | €1,850 | - | -€1,850 | |
| Current assets | 29/58 | €29,842 | €27,133 | -€2,709 | -9.1% |
| Amounts receivable within one year | 40/41 | €7,144 | €6,802 | -€342 | -4.8% |
| Trade receivables | 40 | €1,962 | €2,000 | +€38 | +1.9% |
| Other amounts receivable | 41 | €5,182 | €4,802 | -€380 | -7.3% |
| Cash at bank and in hand | 54/58 | €22,698 | €20,331 | -€2,367 | -10.4% |
| Total equity and liabilities | 10/49 | €31,692 | €27,133 | -€4,559 | -14.4% |
| Equity | 10/15 | €29,961 | €27,009 | -€2,952 | -9.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,039 | -€32,991 | -€2,952 | -9.8% |
| Amounts payable | 17/49 | €1,731 | €124 | -€1,607 | -92.8% |
| Amounts payable within one year | 42/48 | €1,100 | €124 | -€976 | -88.7% |
| Trade debts | 44 | €1,100 | €124 | -€976 | -88.7% |
| Suppliers | 440/4 | €1,100 | €124 | -€976 | -88.7% |
| Accrued charges and deferred income | 492/3 | €631 | - | -€631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,887 | €1,850 | -€37 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €512 | -€513 | -€1,025 | |
| Other operating charges | 640/8 | - | €1,043 | +€1,043 | |
| Gross operating margin | 9900 | -€21,750 | €1,062 | +€22,812 | |
| Operating profit (loss) | 9901 | -€24,149 | -€1,318 | +€22,831 | +94.5% |
| Financial charges | 65/66B | €968 | €1,634 | +€666 | +68.8% |
| Recurring financial charges | 65 | €968 | €1,634 | +€666 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,117 | -€2,952 | +€22,165 | +88.2% |
| Profit (loss) for the period | 9904 | -€25,117 | -€2,952 | +€22,165 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,117 | -€2,952 | +€22,165 | +88.2% |
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 20 October 2026 via checked.be.