Cognetic: 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.
Cognetic
Largest movements
- Cash -€7,923
down €7,923 (-50.5%), from €15,693 to €7,770
mainly Net result for the year (-€14,804) and Receivables within one year (-€2,282)
- Receivables within one year +€2,282
up €2,282 (+141%), from €1,619 to €3,901
of which Trade receivables: +€2,905
- Deferred charges and accrued income -€1,105
down €1,105 (-34.3%), from €3,220 to €2,115
- Tangible fixed assets -€845
down €845 (-39.0%), from €2,166 to €1,321
- Profit (loss) carried forward -€14,804
down €14,804, from €8,137 to -€6,667
- Other debts +€8,827
up €8,827 (+566%), from €1,560 to €10,387
- Trade debts -€1,976
down €1,976 (-38.3%), from €5,160 to €3,184
- Tax, wage and social debts +€453
up €453 (+12.4%), from €3,663 to €4,116
- Gross operating margin -€23,039
down €23,039, from €13,840 to -€9,200
- Taxes -€2,353
down €2,353 (-93.3%), from €2,522 to €170
- Other operating charges +€1,170
up €1,170 (+928%), from €126 to €1,296
- Financial charges +€937
up €937 (+41.1%), from €2,281 to €3,218
of which Financial charges: +€978
- Depreciation +€149
up €149 (+19.0%), from €785 to €933
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 | €22,698 | €15,108 | -€7,590 | -33.4% |
| Fixed assets | 21/28 | €2,166 | €1,321 | -€845 | -39.0% |
| Tangible fixed assets | 22/27 | €2,166 | €1,321 | -€845 | -39.0% |
| Plant, machinery and equipment | 23 | €2,166 | €1,321 | -€845 | -39.0% |
| Current assets | 29/58 | €20,531 | €13,786 | -€6,745 | -32.9% |
| Amounts receivable within one year | 40/41 | €1,619 | €3,901 | +€2,282 | +141% |
| Trade receivables | 40 | €996 | €3,901 | +€2,905 | +292% |
| Other amounts receivable | 41 | €623 | - | -€623 | |
| Cash at bank and in hand | 54/58 | €15,693 | €7,770 | -€7,923 | -50.5% |
| Deferred charges and accrued income | 490/1 | €3,220 | €2,115 | -€1,105 | -34.3% |
| Total equity and liabilities | 10/49 | €22,698 | €15,108 | -€7,590 | -33.4% |
| Equity | 10/15 | €12,224 | -€2,580 | -€14,804 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,087 | €2,087 | = | 0.0% |
| Distributable reserves | 133 | €2,087 | €2,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,137 | -€6,667 | -€14,804 | |
| Amounts payable | 17/49 | €10,473 | €17,687 | +€7,214 | +68.9% |
| Amounts payable within one year | 42/48 | €10,383 | €17,687 | +€7,304 | +70.3% |
| Trade debts | 44 | €5,160 | €3,184 | -€1,976 | -38.3% |
| Suppliers | 440/4 | €5,160 | €3,184 | -€1,976 | -38.3% |
| Taxes, remuneration and social security | 45 | €3,663 | €4,116 | +€453 | +12.4% |
| Taxes | 450/3 | €3,663 | €4,116 | +€453 | +12.4% |
| Other amounts payable | 47/48 | €1,560 | €10,387 | +€8,827 | +566% |
| Accrued charges and deferred income | 492/3 | €90 | - | -€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €933 | +€149 | +19.0% |
| Other operating charges | 640/8 | €126 | €1,296 | +€1,170 | +928% |
| Gross operating margin | 9900 | €13,840 | -€9,200 | -€23,039 | |
| Operating profit (loss) | 9901 | €12,929 | -€11,429 | -€24,358 | |
| Financial income | 75/76B | €12 | €12 | +€1 | +4.8% |
| Recurring financial income | 75 | €12 | €12 | +€1 | +4.8% |
| Non-recurring financial income | 76B | €12 | €12 | +€1 | +4.8% |
| Financial charges | 65/66B | €2,281 | €3,218 | +€937 | +41.1% |
| Recurring financial charges | 65 | €2,228 | €3,206 | +€978 | +43.9% |
| Non-recurring financial charges | 66B | €53 | €12 | -€41 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €10,660 | -€14,634 | -€25,294 | |
| Income taxes | 67/77 | €2,522 | €170 | -€2,353 | -93.3% |
| Profit (loss) for the period | 9904 | €8,137 | -€14,804 | -€22,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,137 | -€14,804 | -€22,941 |
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 17 October 2026 via checked.be.