COGNITIVE SOLUTIONS: 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.
COGNITIVE SOLUTIONS
Largest movements
- Receivables within one year -€246,950
down €246,950 (-89.8%), from €274,955 to €28,004
of which Other amounts receivable: -€265,592
- Tangible fixed assets +€220,240
up €220,240 (+31,311%), from €703 to €220,943
of which Plant, machinery and equipment: +€220,943
- Trade debts -€31,328
down €31,328 (-86.0%), from €36,447 to €5,119
- Tax, wage and social debts +€28,090
up €28,090 (+33.5%), from €83,853 to €111,942
of which Taxes: +€25,786
- Profit (loss) carried forward -€21,001
down €21,001 (-14.3%), from €146,512 to €125,511
- Debts after one year -€4,447
down €4,447 (-72.6%), from €6,124 to €1,677
- Gross operating margin -€148,293
down €148,293 (-73.2%), from €202,473 to €54,180
- Staff costs -€97,251
down €97,251 (-57.8%), from €168,279 to €71,028
- Taxes -€12,531
no longer reported in 2025 (was €12,531)
- Depreciation -€5,017
down €5,017 (-66.2%), from €7,577 to €2,560
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 | €280,668 | €252,371 | -€28,297 | -10.1% |
| Fixed assets | 21/28 | €703 | €220,943 | +€220,240 | +31,311% |
| Tangible fixed assets | 22/27 | €703 | €220,943 | +€220,240 | +31,311% |
| Plant, machinery and equipment | 23 | - | €220,943 | +€220,943 | |
| Furniture and vehicles | 24 | €703 | - | -€703 | |
| Current assets | 29/58 | €279,965 | €31,428 | -€248,537 | -88.8% |
| Amounts receivable within one year | 40/41 | €274,955 | €28,004 | -€246,950 | -89.8% |
| Trade receivables | 40 | €8,630 | €27,271 | +€18,641 | +216% |
| Other amounts receivable | 41 | €266,325 | €733 | -€265,592 | -99.7% |
| Cash at bank and in hand | 54/58 | €5,010 | €3,423 | -€1,587 | -31.7% |
| Total equity and liabilities | 10/49 | €280,668 | €252,371 | -€28,297 | -10.1% |
| Equity | 10/15 | €150,187 | €129,186 | -€21,001 | -14.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €175 | €175 | = | 0.0% |
| Non-distributable reserves | 130/1 | €175 | €175 | = | 0.0% |
| Reserves not available under the articles | 1311 | €175 | €175 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,512 | €125,511 | -€21,001 | -14.3% |
| Amounts payable | 17/49 | €130,481 | €123,185 | -€7,296 | -5.6% |
| Amounts payable after more than one year | 17 | €6,124 | €1,677 | -€4,447 | -72.6% |
| Financial debts | 170/4 | €6,124 | €1,677 | -€4,447 | -72.6% |
| Amounts payable within one year | 42/48 | €124,357 | €121,508 | -€2,850 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €4,058 | €4,447 | +€389 | +9.6% |
| Trade debts | 44 | €36,447 | €5,119 | -€31,328 | -86.0% |
| Suppliers | 440/4 | €36,447 | €5,119 | -€31,328 | -86.0% |
| Taxes, remuneration and social security | 45 | €83,853 | €111,942 | +€28,090 | +33.5% |
| Taxes | 450/3 | €38,453 | €64,239 | +€25,786 | +67.1% |
| Remuneration and social security | 454/9 | €45,400 | €47,704 | +€2,304 | +5.1% |
| Remuneration, social security and pensions | 62 | €168,279 | €71,028 | -€97,251 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,577 | €2,560 | -€5,017 | -66.2% |
| Other operating charges | 640/8 | €313 | €293 | -€20 | -6.3% |
| Gross operating margin | 9900 | €202,473 | €54,180 | -€148,293 | -73.2% |
| Operating profit (loss) | 9901 | €26,305 | -€19,701 | -€46,005 | |
| Financial income | 75/76B | €1,610 | - | -€1,610 | |
| Recurring financial income | 75 | €1,610 | - | -€1,610 | |
| Financial charges | 65/66B | €1,368 | €1,300 | -€67 | -4.9% |
| Recurring financial charges | 65 | €1,368 | €1,300 | -€67 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €26,547 | -€21,001 | -€47,548 | |
| Income taxes | 67/77 | €12,531 | - | -€12,531 | |
| Profit (loss) for the period | 9904 | €14,016 | -€21,001 | -€35,017 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,016 | -€21,001 | -€35,017 |
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 24 October 2026 via checked.be.