COGNITUS: 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.
COGNITUS
Largest movements
- Receivables within one year -€9,417
down €9,417 (-36.1%), from €26,058 to €16,641
of which Other amounts receivable: -€8,745
- Other debts +€53,670
new in 2025: €53,670
- Reserves -€32,647
down €32,647 (-4.9%), from €672,620 to €639,973
- Tax, wage and social debts -€16,982
down €16,982 (-57.1%), from €29,731 to €12,749
of which Taxes: -€17,718
- Current portion of long-term debt -€10,641
down €10,641 (-95.5%), from €11,146 to €505
- Taxes +€6,558
up €6,558, from -€409 to €6,149
- Gross operating margin +€5,264
up €5,264 (+14.2%), from €37,194 to €42,458
- Other operating charges -€934
down €934 (-34.7%), from €2,689 to €1,755
- Depreciation +€427
up €427 (+24.4%), from €1,752 to €2,179
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 | €736,283 | €728,421 | -€7,862 | -1.1% |
| Fixed assets | 21/28 | €5,210 | €3,031 | -€2,179 | -41.8% |
| Tangible fixed assets | 22/27 | €5,210 | €3,031 | -€2,179 | -41.8% |
| Furniture and vehicles | 24 | €5,210 | €3,031 | -€2,179 | -41.8% |
| Current assets | 29/58 | €731,073 | €725,389 | -€5,683 | -0.8% |
| Amounts receivable after more than one year | 29 | €700,000 | €700,000 | = | 0.0% |
| Other amounts receivable | 291 | €700,000 | €700,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,058 | €16,641 | -€9,417 | -36.1% |
| Trade receivables | 40 | €14,959 | €14,287 | -€672 | -4.5% |
| Other amounts receivable | 41 | €11,099 | €2,354 | -€8,745 | -78.8% |
| Cash at bank and in hand | 54/58 | €3,755 | €6,591 | +€2,836 | +75.5% |
| Deferred charges and accrued income | 490/1 | €1,260 | €2,157 | +€897 | +71.2% |
| Total equity and liabilities | 10/49 | €736,283 | €728,421 | -€7,862 | -1.1% |
| Equity | 10/15 | €691,220 | €658,573 | -€32,647 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €672,620 | €639,973 | -€32,647 | -4.9% |
| Distributable reserves | 133 | €672,620 | €639,973 | -€32,647 | -4.9% |
| Amounts payable | 17/49 | €45,063 | €69,848 | +€24,785 | +55.0% |
| Amounts payable after more than one year | 17 | €505 | - | -€505 | |
| Financial debts | 170/4 | €505 | - | -€505 | |
| Amounts payable within one year | 42/48 | €44,558 | €69,848 | +€25,290 | +56.8% |
| Current portion of amounts payable after more than one year | 42 | €11,146 | €505 | -€10,641 | -95.5% |
| Financial debts | 43 | - | €1,916 | +€1,916 | |
| Credit institutions | 430/8 | - | €1,916 | +€1,916 | |
| Trade debts | 44 | €3,681 | €1,007 | -€2,674 | -72.6% |
| Suppliers | 440/4 | €3,681 | €1,007 | -€2,674 | -72.6% |
| Taxes, remuneration and social security | 45 | €29,731 | €12,749 | -€16,982 | -57.1% |
| Taxes | 450/3 | €25,984 | €8,267 | -€17,718 | -68.2% |
| Remuneration and social security | 454/9 | €3,747 | €4,483 | +€735 | +19.6% |
| Other amounts payable | 47/48 | - | €53,670 | +€53,670 | |
| Non-recurring operating income | 76A | €7,719 | - | -€7,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,752 | €2,179 | +€427 | +24.4% |
| Other operating charges | 640/8 | €2,689 | €1,755 | -€934 | -34.7% |
| Non-recurring operating charges | 66A | €67,458 | - | -€67,458 | |
| Gross operating margin | 9900 | €37,194 | €42,458 | +€5,264 | +14.2% |
| Operating profit (loss) | 9901 | -€34,705 | €38,524 | +€73,229 | |
| Financial income | 75/76B | €19 | €203 | +€184 | +988% |
| Recurring financial income | 75 | €19 | €203 | +€184 | +988% |
| Financial charges | 65/66B | €3,885 | €3,842 | -€44 | -1.1% |
| Recurring financial charges | 65 | €3,885 | €3,842 | -€44 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€38,572 | €34,885 | +€73,457 | |
| Income taxes | 67/77 | -€409 | €6,149 | +€6,558 | |
| Profit (loss) for the period | 9904 | -€38,163 | €28,736 | +€66,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,163 | €28,736 | +€66,899 |
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 14 October 2026 via checked.be.