COGNITECH: 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.
COGNITECH
Largest movements
- Intangible fixed assets -€28,862
down €28,862 (-28.2%), from €102,501 to €73,639
- Cash -€2,026
down €2,026 (-98.3%), from €2,060 to €34
mainly Net result for the year (-€32,041)
- Profit (loss) carried forward -€32,041
down €32,041 (-34.0%), from -€94,123 to -€126,164
- Gross operating margin +€17,576
up €17,576 (+78.8%), from -€22,316 to -€4,740
- Depreciation +€5,169
up €5,169 (+23.5%), from €21,993 to €27,162
- Financial income -€2,302
no longer reported in 2024 (was €2,302)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,563 | €74,025 | -€31,538 | -29.9% |
| Fixed assets | 21/28 | €103,151 | €73,639 | -€29,512 | -28.6% |
| Intangible fixed assets | 21 | €102,501 | €73,639 | -€28,862 | -28.2% |
| Financial fixed assets | 28 | €650 | - | -€650 | |
| Current assets | 29/58 | €2,412 | €386 | -€2,026 | -84.0% |
| Amounts receivable within one year | 40/41 | €352 | €352 | = | 0.0% |
| Other amounts receivable | 41 | €352 | €352 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,060 | €34 | -€2,026 | -98.3% |
| Total equity and liabilities | 10/49 | €105,563 | €74,025 | -€31,538 | -29.9% |
| Equity | 10/15 | -€91,123 | -€123,164 | -€32,041 | -35.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,123 | -€126,164 | -€32,041 | -34.0% |
| Amounts payable | 17/49 | €196,686 | €197,189 | +€503 | +0.3% |
| Amounts payable after more than one year | 17 | €185,000 | €185,000 | = | 0.0% |
| Financial debts | 170/4 | €185,000 | €185,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,686 | €12,189 | +€503 | +4.3% |
| Trade debts | 44 | €2,186 | €2,689 | +€503 | +23.0% |
| Suppliers | 440/4 | €2,186 | €2,689 | +€503 | +23.0% |
| Other amounts payable | 47/48 | €9,500 | €9,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,993 | €27,162 | +€5,169 | +23.5% |
| Gross operating margin | 9900 | -€22,316 | -€4,740 | +€17,576 | +78.8% |
| Operating profit (loss) | 9901 | -€44,309 | -€31,902 | +€12,407 | +28.0% |
| Financial income | 75/76B | €2,302 | - | -€2,302 | |
| Recurring financial income | 75 | €2,302 | - | -€2,302 | |
| Financial charges | 65/66B | €129 | €139 | +€10 | +7.8% |
| Recurring financial charges | 65 | €129 | €139 | +€10 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€42,136 | -€32,041 | +€10,095 | +24.0% |
| Profit (loss) for the period | 9904 | -€42,136 | -€32,041 | +€10,095 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,136 | -€32,041 | +€10,095 | +24.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.