COGITO: 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.
COGITO
Largest movements
- Deferred charges and accrued income +€5,927
new in 2025: €5,927
- Short-term financial debts +€2,240
up €2,240 (+11.1%), from €20,114 to €22,354
- Purchases and services -€789
down €789 (-8.6%), from €9,184 to €8,395
- Turnover -€723
down €723 (-5.5%), from €13,250 to €12,527
- Other operating charges -€191
down €191 (-39.3%), from €486 to €295
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 | €209,947 | €215,333 | +€5,386 | +2.6% |
| Fixed assets | 21/28 | €201,025 | €200,683 | -€342 | -0.2% |
| Intangible fixed assets | 21 | €150,000 | €150,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,025 | €683 | -€342 | -33.3% |
| Furniture and vehicles | 24 | €1,025 | €683 | -€342 | -33.3% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €8,922 | €14,650 | +€5,728 | +64.2% |
| Amounts receivable within one year | 40/41 | €8,833 | €8,723 | -€110 | -1.2% |
| Trade receivables | 40 | €7,552 | €7,499 | -€53 | -0.7% |
| Other amounts receivable | 41 | €1,280 | €1,224 | -€56 | -4.4% |
| Cash at bank and in hand | 54/58 | €89 | - | -€89 | |
| Deferred charges and accrued income | 490/1 | - | €5,927 | +€5,927 | |
| Total equity and liabilities | 10/49 | €209,947 | €215,333 | +€5,386 | +2.6% |
| Equity | 10/15 | €185,935 | €186,475 | +€540 | +0.3% |
| Contributions | 10/11 | €20,452 | €20,452 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,483 | €166,023 | +€540 | +0.3% |
| Amounts payable | 17/49 | €24,012 | €28,858 | +€4,846 | +20.2% |
| Amounts payable within one year | 42/48 | €23,591 | €28,858 | +€5,267 | +22.3% |
| Financial debts | 43 | €20,114 | €22,354 | +€2,240 | +11.1% |
| Credit institutions | 430/8 | €20,114 | €22,354 | +€2,240 | +11.1% |
| Trade debts | 44 | €1,129 | €3,263 | +€2,134 | +188.9% |
| Suppliers | 440/4 | €1,129 | €3,263 | +€2,134 | +188.9% |
| Taxes, remuneration and social security | 45 | €122 | €32 | -€90 | -73.4% |
| Taxes | 450/3 | €122 | €32 | -€90 | -73.4% |
| Other amounts payable | 47/48 | €2,226 | €3,209 | +€983 | +44.2% |
| Accrued charges and deferred income | 492/3 | €421 | - | -€421 | |
| Turnover | 70 | €13,250 | €12,527 | -€723 | -5.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,184 | €8,395 | -€789 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €342 | €342 | = | 0.0% |
| Other operating charges | 640/8 | €486 | €295 | -€191 | -39.3% |
| Gross operating margin | 9900 | €4,066 | €4,132 | +€66 | +1.6% |
| Operating profit (loss) | 9901 | €3,238 | €3,496 | +€257 | +7.9% |
| Financial charges | 65/66B | €2,642 | €2,680 | +€38 | +1.4% |
| Recurring financial charges | 65 | €2,642 | €2,680 | +€38 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €596 | €816 | +€220 | +36.9% |
| Income taxes | 67/77 | €220 | €276 | +€56 | +25.7% |
| Profit (loss) for the period | 9904 | €377 | €540 | +€163 | +43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €377 | €540 | +€163 | +43.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.