Cognitecco: 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.
Cognitecco
Largest movements
- Receivables within one year +€26,777
up €26,777 (+157.5%), from €17,004 to €43,781
of which Other amounts receivable: +€32,165
- Tangible fixed assets -€15,657
down €15,657 (-2.7%), from €570,393 to €554,737
of which Land and buildings: -€14,033
- Reserves +€68,967
up €68,967 (+95.8%), from €72,012 to €140,979
- Other debts -€42,840
down €42,840 (-40.2%), from €106,495 to €63,655
- Debts after one year -€26,929
down €26,929 (-6.6%), from €410,512 to €383,583
- Accrued charges and deferred income +€16,864
up €16,864 (+287.2%), from €5,873 to €22,737
- Gross operating margin +€41,932
up €41,932 (+41.4%), from €101,380 to €143,312
- Taxes +€9,157
up €9,157 (+46.0%), from €19,927 to €29,084
- Other operating charges +€5,168
up €5,168 (+352.2%), from €1,468 to €6,636
- Financial charges +€1,590
up €1,590 (+7.0%), from €22,704 to €24,294
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 | €677,397 | €689,472 | +€12,075 | +1.8% |
| Fixed assets | 21/28 | €570,393 | €554,737 | -€15,657 | -2.7% |
| Tangible fixed assets | 22/27 | €570,393 | €554,737 | -€15,657 | -2.7% |
| Land and buildings | 22 | €558,429 | €544,396 | -€14,033 | -2.5% |
| Plant, machinery and equipment | 23 | €11,964 | €10,341 | -€1,623 | -13.6% |
| Current assets | 29/58 | €107,004 | €134,736 | +€27,732 | +25.9% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,004 | €43,781 | +€26,777 | +157.5% |
| Trade receivables | 40 | €17,004 | €11,616 | -€5,388 | -31.7% |
| Other amounts receivable | 41 | - | €32,165 | +€32,165 | |
| Current investments | 50/53 | - | €130 | +€130 | |
| Cash at bank and in hand | 54/58 | - | €132 | +€132 | |
| Deferred charges and accrued income | 490/1 | - | €692 | +€692 | |
| Total equity and liabilities | 10/49 | €677,397 | €689,472 | +€12,075 | +1.8% |
| Equity | 10/15 | €90,613 | €159,580 | +€68,967 | +76.1% |
| Contributions | 10/11 | €18,601 | €18,601 | = | 0.0% |
| Reserves | 13 | €72,012 | €140,979 | +€68,967 | +95.8% |
| Distributable reserves | 133 | €72,012 | €140,979 | +€68,967 | +95.8% |
| Amounts payable | 17/49 | €586,784 | €529,892 | -€56,892 | -9.7% |
| Amounts payable after more than one year | 17 | €410,512 | €383,583 | -€26,929 | -6.6% |
| Financial debts | 170/4 | €410,512 | €383,583 | -€26,929 | -6.6% |
| Amounts payable within one year | 42/48 | €170,399 | €123,573 | -€46,827 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €25,921 | €26,973 | +€1,051 | +4.1% |
| Financial debts | 43 | €1,047 | €1,761 | +€714 | +68.1% |
| Credit institutions | 430/8 | €1,047 | €1,761 | +€714 | +68.1% |
| Trade debts | 44 | €1,564 | €2,100 | +€536 | +34.2% |
| Suppliers | 440/4 | €1,564 | €2,100 | +€536 | +34.2% |
| Taxes, remuneration and social security | 45 | €35,371 | €29,084 | -€6,288 | -17.8% |
| Taxes | 450/3 | €35,371 | €29,084 | -€6,288 | -17.8% |
| Other amounts payable | 47/48 | €106,495 | €63,655 | -€42,840 | -40.2% |
| Accrued charges and deferred income | 492/3 | €5,873 | €22,737 | +€16,864 | +287.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,322 | €15,657 | +€335 | +2.2% |
| Other operating charges | 640/8 | €1,468 | €6,636 | +€5,168 | +352.2% |
| Gross operating margin | 9900 | €101,380 | €143,312 | +€41,932 | +41.4% |
| Operating profit (loss) | 9901 | €84,591 | €121,020 | +€36,429 | +43.1% |
| Financial income | 75/76B | €2,252 | €2,250 | -€1 | -0.1% |
| Recurring financial income | 75 | €2,252 | €2,250 | -€1 | -0.1% |
| Financial charges | 65/66B | €22,704 | €24,294 | +€1,590 | +7.0% |
| Recurring financial charges | 65 | €22,704 | €24,294 | +€1,590 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €64,139 | €98,976 | +€34,837 | +54.3% |
| Income taxes | 67/77 | €19,927 | €29,084 | +€9,157 | +46.0% |
| Profit (loss) for the period | 9904 | €44,212 | €69,892 | +€25,680 | +58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,212 | €69,892 | +€25,680 | +58.1% |
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 11 October 2026 via checked.be.