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Cognati: 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.

What changed

Cognati

BE 0841.839.739
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€335,008
2024 · €418,194-€83,186
Equity
-€206,011
2024 · -€541,019+€335,008
Cash
€1,951
2024 · €12,850-€10,899
Balance sheet total
€1,951
2024 · €12,893-€10,942

Largest movements

2024 to 2025
Assets
  • Cash -€10,899

    down €10,899 (-84.8%), from €12,850 to €1,951

    mainly Other debts (-€343,250) and Tax, wage and social debts (-€14,700)

Equity and liabilities
  • Other debts -€343,250

    down €343,250 (-93.4%), from €367,333 to €24,083

  • Profit (loss) carried forward +€335,008

    up €335,008 (+61.2%), from -€547,398 to -€212,390

  • Tax, wage and social debts -€14,700

    down €14,700 (-88.1%), from €16,689 to €1,989

  • Trade debts +€12,000

    up €12,000 (+1589.2%), from €755 to €12,755

Income statement
  • Gross operating margin -€69,908

    down €69,908 (-17.2%), from €405,490 to €335,582

  • Financial income -€13,463

    down €13,463 (-100.0%), from €13,463 to €0

    of which Non-recurring financial income: -€13,463

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €418,194
Gross operating margin -€69,908
Other operating charges +€182
Financial income -€13,463
Financial charges +€2
Result 2025 €335,008

Cash bridge derived

cash 2024 to 2025

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.

From operations -€10,899
Investment €0
Financing €0
Cash 2024 €12,850
Net result for the year +€335,008
Receivables within one year +€43
Trade debts +€12,000
Tax, wage and social debts -€14,700
Other debts -€343,250
Cash 2025 €1,951
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €12,893 €1,951 -€10,942 -84.9%
Current assets 29/58 €12,893 €1,951 -€10,942 -84.9%
Amounts receivable within one year 40/41 €43 €0 -€43 -100.0%
Trade receivables 40 €43 €0 -€43 -100.0%
Cash at bank and in hand 54/58 €12,850 €1,951 -€10,899 -84.8%
Total equity and liabilities 10/49 €12,893 €1,951 -€10,942 -84.9%
Equity 10/15 -€541,019 -€206,011 +€335,008 +61.9%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €179 €179 = 0.0%
Non-distributable reserves 130/1 €179 €179 = 0.0%
Reserves not available under the articles 1311 €179 €179 = 0.0%
Profit (loss) carried forward 14 -€547,398 -€212,390 +€335,008 +61.2%
Amounts payable 17/49 €553,912 €207,962 -€345,950 -62.5%
Amounts payable within one year 42/48 €384,777 €38,827 -€345,950 -89.9%
Trade debts 44 €755 €12,755 +€12,000 +1589.2%
Suppliers 440/4 €755 €12,755 +€12,000 +1589.2%
Taxes, remuneration and social security 45 €16,689 €1,989 -€14,700 -88.1%
Taxes 450/3 €16,689 €1,989 -€14,700 -88.1%
Other amounts payable 47/48 €367,333 €24,083 -€343,250 -93.4%
Accrued charges and deferred income 492/3 €169,135 €169,135 = 0.0%
Other operating charges 640/8 €689 €507 -€182 -26.4%
Gross operating margin 9900 €405,490 €335,582 -€69,908 -17.2%
Operating profit (loss) 9901 €404,801 €335,075 -€69,726 -17.2%
Financial income 75/76B €13,463 €0 -€13,463 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Non-recurring financial income 76B €13,463 €0 -€13,463 -100.0%
Financial charges 65/66B €69 €67 -€2 -3.6%
Recurring financial charges 65 €69 €67 -€2 -3.6%
Profit (loss) for the period before taxes 9903 €418,194 €335,008 -€83,186 -19.9%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 €418,194 €335,008 -€83,186 -19.9%
Profit (loss) for the period to be appropriated 9905 €418,194 €335,008 -€83,186 -19.9%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.