COGNEAU DECO: 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.
COGNEAU DECO
Largest movements
- Stocks and contracts +€76,258
up €76,258 (+356%), from €21,400 to €97,658
- Cash -€14,238
down €14,238 (-68.7%), from €20,728 to €6,490
mainly Stocks and contracts (-€76,258) and Investment in fixed assets (net) (-€21,566)
- Receivables within one year -€5,030
down €5,030 (-2.7%), from €185,941 to €180,910
of which Trade receivables: -€5,621
- Profit (loss) carried forward +€32,933
up €32,933 (+17.1%), from -€192,449 to -€159,515
- Other debts +€25,416
up €25,416 (+222%), from €11,468 to €36,884
- Trade debts +€9,094
up €9,094 (+2.5%), from €358,066 to €367,160
- Tax, wage and social debts -€5,025
down €5,025 (-37.5%), from €13,407 to €8,382
- Staff costs -€59,766
down €59,766 (-14.9%), from €400,787 to €341,022
- Other operating charges +€32,881
up €32,881 (+4,650%), from €707 to €33,588
- Gross operating margin -€5,882
down €5,882 (-1.3%), from €438,732 to €432,850
- Depreciation +€5,438
up €5,438 (+39.4%), from €13,815 to €19,252
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 | €315,892 | €378,210 | +€62,318 | +19.7% |
| Fixed assets | 21/28 | €84,927 | €87,241 | +€2,314 | +2.7% |
| Tangible fixed assets | 22/27 | €84,754 | €87,068 | +€2,314 | +2.7% |
| Plant, machinery and equipment | 23 | €946 | €478 | -€468 | -49.5% |
| Furniture and vehicles | 24 | €81,673 | €84,882 | +€3,209 | +3.9% |
| Other tangible fixed assets | 26 | €2,135 | €1,708 | -€427 | -20.0% |
| Financial fixed assets | 28 | €173 | €173 | = | 0.0% |
| Current assets | 29/58 | €230,966 | €290,969 | +€60,004 | +26.0% |
| Stocks and contracts in progress | 3 | €21,400 | €97,658 | +€76,258 | +356% |
| Stocks | 30/36 | €21,400 | €97,658 | +€76,258 | +356% |
| Amounts receivable within one year | 40/41 | €185,941 | €180,910 | -€5,030 | -2.7% |
| Trade receivables | 40 | €156,893 | €151,272 | -€5,621 | -3.6% |
| Other amounts receivable | 41 | €29,048 | €29,639 | +€590 | +2.0% |
| Cash at bank and in hand | 54/58 | €20,728 | €6,490 | -€14,238 | -68.7% |
| Deferred charges and accrued income | 490/1 | €2,896 | €5,911 | +€3,014 | +104% |
| Total equity and liabilities | 10/49 | €315,892 | €378,210 | +€62,318 | +19.7% |
| Equity | 10/15 | -€170,449 | -€137,515 | +€32,933 | +19.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,449 | -€159,515 | +€32,933 | +17.1% |
| Amounts payable | 17/49 | €486,341 | €515,725 | +€29,384 | +6.0% |
| Amounts payable within one year | 42/48 | €482,941 | €512,425 | +€29,484 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €358,066 | €367,160 | +€9,094 | +2.5% |
| Suppliers | 440/4 | €358,066 | €367,160 | +€9,094 | +2.5% |
| Taxes, remuneration and social security | 45 | €13,407 | €8,382 | -€5,025 | -37.5% |
| Remuneration and social security | 454/9 | €13,407 | €8,382 | -€5,025 | -37.5% |
| Other amounts payable | 47/48 | €11,468 | €36,884 | +€25,416 | +222% |
| Accrued charges and deferred income | 492/3 | €3,400 | €3,300 | -€100 | -2.9% |
| Remuneration, social security and pensions | 62 | €400,787 | €341,022 | -€59,766 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,815 | €19,252 | +€5,438 | +39.4% |
| Other operating charges | 640/8 | €707 | €33,588 | +€32,881 | +4,650% |
| Non-recurring operating charges | 66A | €615 | €134 | -€481 | -78.3% |
| Gross operating margin | 9900 | €438,732 | €432,850 | -€5,882 | -1.3% |
| Operating profit (loss) | 9901 | €22,808 | €38,855 | +€16,047 | +70.4% |
| Financial income | 75/76B | €618 | €1,329 | +€711 | +115% |
| Recurring financial income | 75 | €618 | €1,329 | +€711 | +115% |
| Financial charges | 65/66B | €7,841 | €7,251 | -€590 | -7.5% |
| Recurring financial charges | 65 | €7,841 | €7,251 | -€590 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €15,586 | €32,933 | +€17,348 | +111% |
| Profit (loss) for the period | 9904 | €15,586 | €32,933 | +€17,348 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €15,586 | €32,933 | +€17,348 | +111% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.