CogIT Business: 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.
CogIT Business
Largest movements
- Receivables within one year +€57,519
up €57,519 (+83.9%), from €68,590 to €126,109
of which Other amounts receivable: +€56,813
- Cash +€15,507
up €15,507 (+643%), from €2,413 to €17,920
mainly Net result for the year (+€40,241) and Short-term financial debts (+€19,384)
- Deferred charges and accrued income -€9,289
no longer reported in 2025 (was €9,289)
- Intangible fixed assets -€2,149
down €2,149 (-33.9%), from €6,347 to €4,198
- Profit (loss) carried forward +€40,241
up €40,241 (+105%), from €38,335 to €78,575
- Short-term financial debts +€19,384
up €19,384 (+194%), from €9,998 to €29,382
- Trade debts +€11,326
up €11,326 (+238%), from €4,766 to €16,092
of which Suppliers: +€13,072
- Tax, wage and social debts -€10,848
down €10,848 (-37.7%), from €28,763 to €17,915
- Financial charges +€3,914
up €3,914 (+42.1%), from €9,293 to €13,208
- Taxes -€3,858
down €3,858 (-20.5%), from €18,858 to €15,000
- Gross operating margin -€3,670
down €3,670 (-4.8%), from €76,306 to €72,636
- Other operating charges +€1,330
up €1,330 (+62.4%), from €2,130 to €3,460
- Financial income -€1,319
down €1,319 (-43.0%), from €3,065 to €1,747
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 | €88,216 | €148,318 | +€60,102 | +68.1% |
| Fixed assets | 21/28 | €6,764 | €4,289 | -€2,475 | -36.6% |
| Intangible fixed assets | 21 | €6,347 | €4,198 | -€2,149 | -33.9% |
| Tangible fixed assets | 22/27 | €417 | €92 | -€326 | -78.0% |
| Furniture and vehicles | 24 | €417 | €92 | -€326 | -78.0% |
| Current assets | 29/58 | €81,453 | €144,029 | +€62,577 | +76.8% |
| Amounts receivable within one year | 40/41 | €68,590 | €126,109 | +€57,519 | +83.9% |
| Trade receivables | 40 | €13,698 | €14,404 | +€706 | +5.2% |
| Other amounts receivable | 41 | €54,892 | €111,705 | +€56,813 | +103% |
| Current investments | 50/53 | €1,160 | - | -€1,160 | |
| Cash at bank and in hand | 54/58 | €2,413 | €17,920 | +€15,507 | +643% |
| Deferred charges and accrued income | 490/1 | €9,289 | - | -€9,289 | |
| Total equity and liabilities | 10/49 | €88,216 | €148,318 | +€60,102 | +68.1% |
| Equity | 10/15 | €44,690 | €84,930 | +€40,241 | +90.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155 | €155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €155 | €155 | = | 0.0% |
| Other | 1319 | €155 | €155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,335 | €78,575 | +€40,241 | +105% |
| Amounts payable | 17/49 | €43,527 | €63,388 | +€19,861 | +45.6% |
| Amounts payable within one year | 42/48 | €43,527 | €63,388 | +€19,861 | +45.6% |
| Financial debts | 43 | €9,998 | €29,382 | +€19,384 | +194% |
| Credit institutions | 430/8 | €9,998 | €29,382 | +€19,384 | +194% |
| Trade debts | 44 | €4,766 | €16,092 | +€11,326 | +238% |
| Suppliers | 440/4 | €3,020 | €16,092 | +€13,072 | +433% |
| Bills of exchange payable | 441 | €1,746 | - | -€1,746 | |
| Taxes, remuneration and social security | 45 | €28,763 | €17,915 | -€10,848 | -37.7% |
| Taxes | 450/3 | €28,763 | €17,915 | -€10,848 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,709 | €2,475 | -€234 | -8.6% |
| Other operating charges | 640/8 | €2,130 | €3,460 | +€1,330 | +62.4% |
| Gross operating margin | 9900 | €76,306 | €72,636 | -€3,670 | -4.8% |
| Operating profit (loss) | 9901 | €71,467 | €66,702 | -€4,765 | -6.7% |
| Financial income | 75/76B | €3,065 | €1,747 | -€1,319 | -43.0% |
| Recurring financial income | 75 | €3,065 | €1,747 | -€1,319 | -43.0% |
| Financial charges | 65/66B | €9,293 | €13,208 | +€3,914 | +42.1% |
| Recurring financial charges | 65 | €9,293 | €13,208 | +€3,914 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €65,239 | €55,241 | -€9,999 | -15.3% |
| Income taxes | 67/77 | €18,858 | €15,000 | -€3,858 | -20.5% |
| Profit (loss) for the period | 9904 | €46,381 | €40,241 | -€6,140 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,381 | €40,241 | -€6,140 | -13.2% |
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 31 October 2026 via checked.be.