COGICO: 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.
COGICO
Largest movements
- Receivables within one year -€1,162
down €1,162 (-3.2%), from €36,107 to €34,945
of which Trade receivables: -€1,800
- Cash -€1,102
down €1,102 (-44.0%), from €2,502 to €1,400
mainly Net result for the year (-€2,119) and Trade debts (-€327)
- Profit (loss) carried forward -€2,119
down €2,119 (-110.6%), from -€1,916 to -€4,035
- Gross operating margin -€1,166
down €1,166 (-170.6%), from -€684 to -€1,850
- Other operating charges +€210
up €210 (+40.9%), from €515 to €725
- Financial income -€68
down €68 (-9.6%), from €706 to €638
- Financial charges -€19
down €19 (-9.4%), from €201 to €182
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 | €38,609 | €36,345 | -€2,264 | -5.9% |
| Current assets | 29/58 | €38,609 | €36,345 | -€2,264 | -5.9% |
| Amounts receivable within one year | 40/41 | €36,107 | €34,945 | -€1,162 | -3.2% |
| Trade receivables | 40 | €4,200 | €2,400 | -€1,800 | -42.9% |
| Other amounts receivable | 41 | €31,907 | €32,545 | +€638 | +2.0% |
| Cash at bank and in hand | 54/58 | €2,502 | €1,400 | -€1,102 | -44.0% |
| Total equity and liabilities | 10/49 | €38,609 | €36,345 | -€2,264 | -5.9% |
| Equity | 10/15 | €26,829 | €24,710 | -€2,119 | -7.9% |
| Contributions | 10/11 | €28,500 | €28,500 | = | 0.0% |
| Capital | 10 | €28,500 | €28,500 | = | 0.0% |
| Issued capital | 100 | €28,500 | €28,500 | = | 0.0% |
| Reserves | 13 | €245 | €245 | = | 0.0% |
| Non-distributable reserves | 130/1 | €245 | €245 | = | 0.0% |
| Legal reserve | 130 | €245 | €245 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,916 | -€4,035 | -€2,119 | -110.6% |
| Amounts payable | 17/49 | €11,780 | €11,635 | -€145 | -1.2% |
| Amounts payable within one year | 42/48 | €11,780 | €11,635 | -€145 | -1.2% |
| Trade debts | 44 | €2,318 | €1,991 | -€327 | -14.1% |
| Suppliers | 440/4 | €2,318 | €1,991 | -€327 | -14.1% |
| Other amounts payable | 47/48 | €9,462 | €9,644 | +€182 | +1.9% |
| Other operating charges | 640/8 | €515 | €725 | +€210 | +40.9% |
| Gross operating margin | 9900 | -€684 | -€1,850 | -€1,166 | -170.6% |
| Operating profit (loss) | 9901 | -€1,198 | -€2,575 | -€1,376 | -114.9% |
| Financial income | 75/76B | €706 | €638 | -€68 | -9.6% |
| Recurring financial income | 75 | €706 | €638 | -€68 | -9.6% |
| Financial charges | 65/66B | €201 | €182 | -€19 | -9.4% |
| Recurring financial charges | 65 | €201 | €182 | -€19 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€693 | -€2,119 | -€1,425 | -205.6% |
| Profit (loss) for the period | 9904 | -€693 | -€2,119 | -€1,425 | -205.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€693 | -€2,119 | -€1,425 | -205.6% |
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.