COGENTA: 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.
COGENTA
Largest movements
- Receivables within one year -€3,592
down €3,592 (-61.4%), from €5,852 to €2,260
- Cash -€3,433
down €3,433 (-100.0%), from €3,433 to €0
mainly Net result for the year (-€9,063) and Other debts (-€6,100)
- Deferred charges and accrued income -€624
no longer reported in 2025 (was €624)
- Debts after one year +€10,000
new in 2025: €10,000
- Profit (loss) carried forward -€9,063
down €9,063 (-138.2%), from -€6,556 to -€15,619
- Other debts -€6,100
down €6,100 (-74.4%), from €8,200 to €2,100
- Tax, wage and social debts -€4,509
down €4,509 (-93.7%), from €4,814 to €306
- Advances received +€1,379
new in 2025: €1,379
- Gross operating margin +€13,429
up €13,429 (+68.6%), from -€19,569 to -€6,140
- Other operating charges +€503
up €503 (+396.1%), from €127 to €630
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 | €10,134 | €2,485 | -€7,649 | -75.5% |
| Fixed assets | 21/28 | €225 | €225 | = | 0.0% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €9,909 | €2,260 | -€7,649 | -77.2% |
| Amounts receivable within one year | 40/41 | €5,852 | €2,260 | -€3,592 | -61.4% |
| Trade receivables | 40 | €5,852 | €2,260 | -€3,592 | -61.4% |
| Cash at bank and in hand | 54/58 | €3,433 | €0 | -€3,433 | -100.0% |
| Deferred charges and accrued income | 490/1 | €624 | - | -€624 | |
| Total equity and liabilities | 10/49 | €10,134 | €2,485 | -€7,649 | -75.5% |
| Equity | 10/15 | -€3,517 | -€12,580 | -€9,063 | -257.7% |
| Contributions | 10/11 | €3,039 | €3,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,556 | -€15,619 | -€9,063 | -138.2% |
| Amounts payable | 17/49 | €13,651 | €15,065 | +€1,414 | +10.4% |
| Amounts payable after more than one year | 17 | - | €10,000 | +€10,000 | |
| Other amounts payable | 178/9 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €13,587 | €4,998 | -€8,589 | -63.2% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €573 | €1,213 | +€640 | +111.8% |
| Suppliers | 440/4 | €573 | €1,213 | +€640 | +111.8% |
| Advances received on contracts in progress | 46 | - | €1,379 | +€1,379 | |
| Taxes, remuneration and social security | 45 | €4,814 | €306 | -€4,509 | -93.7% |
| Taxes | 450/3 | €4,814 | €306 | -€4,509 | -93.7% |
| Other amounts payable | 47/48 | €8,200 | €2,100 | -€6,100 | -74.4% |
| Accrued charges and deferred income | 492/3 | €64 | €67 | +€3 | +5.0% |
| Other operating charges | 640/8 | €127 | €630 | +€503 | +396.1% |
| Gross operating margin | 9900 | -€19,569 | -€6,140 | +€13,429 | +68.6% |
| Operating profit (loss) | 9901 | -€19,696 | -€6,769 | +€12,926 | +65.6% |
| Financial income | 75/76B | €56 | €1 | -€55 | -97.7% |
| Recurring financial income | 75 | €56 | €1 | -€55 | -97.7% |
| Financial charges | 65/66B | €2,003 | €2,154 | +€151 | +7.5% |
| Recurring financial charges | 65 | €2,003 | €2,154 | +€151 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,643 | -€8,922 | +€12,721 | +58.8% |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€21,771 | -€9,063 | +€12,708 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,771 | -€9,063 | +€12,708 | +58.4% |
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 4 October 2026 via checked.be.