COGOI CHRISTOPHE: 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.
COGOI CHRISTOPHE
Largest movements
- Receivables within one year +€15,736
up €15,736 (+256%), from €6,151 to €21,887
of which Other amounts receivable: +€11,899
- Cash -€4,025
down €4,025 (-97.7%), from €4,122 to €97
mainly Receivables within one year (-€15,736)
- Stocks and contracts -€1,250
down €1,250 (-91.4%), from €1,367 to €117
- Tangible fixed assets -€625
down €625 (-51.7%), from €1,210 to €585
of which Plant, machinery and equipment: -€509
- Profit (loss) carried forward +€4,967
up €4,967 (+56.0%), from €8,870 to €13,836
- Trade debts +€3,934
up €3,934 (+291%), from €1,349 to €5,283
- Tax, wage and social debts +€791
up €791 (+62.0%), from €1,275 to €2,066
- Depreciation -€5,181
down €5,181 (-89.2%), from €5,806 to €625
- Taxes +€1,466
new in 2025: €1,466
- Gross operating margin +€1,001
up €1,001 (+14.8%), from €6,747 to €7,748
- Financial charges -€97
down €97 (-46.4%), from €209 to €112
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 | €12,994 | €22,686 | +€9,691 | +74.6% |
| Fixed assets | 21/28 | €1,210 | €585 | -€625 | -51.7% |
| Tangible fixed assets | 22/27 | €1,210 | €585 | -€625 | -51.7% |
| Plant, machinery and equipment | 23 | €987 | €478 | -€509 | -51.6% |
| Furniture and vehicles | 24 | €223 | €107 | -€116 | -51.9% |
| Current assets | 29/58 | €11,784 | €22,101 | +€10,316 | +87.5% |
| Stocks and contracts in progress | 3 | €1,367 | €117 | -€1,250 | -91.4% |
| Stocks | 30/36 | €1,367 | €117 | -€1,250 | -91.4% |
| Amounts receivable within one year | 40/41 | €6,151 | €21,887 | +€15,736 | +256% |
| Trade receivables | 40 | - | €3,837 | +€3,837 | |
| Other amounts receivable | 41 | €6,151 | €18,050 | +€11,899 | +193% |
| Cash at bank and in hand | 54/58 | €4,122 | €97 | -€4,025 | -97.7% |
| Deferred charges and accrued income | 490/1 | €144 | - | -€144 | |
| Total equity and liabilities | 10/49 | €12,994 | €22,686 | +€9,691 | +74.6% |
| Equity | 10/15 | €10,370 | €15,336 | +€4,967 | +47.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,870 | €13,836 | +€4,967 | +56.0% |
| Amounts payable | 17/49 | €2,624 | €7,349 | +€4,725 | +180% |
| Amounts payable within one year | 42/48 | €2,624 | €7,349 | +€4,725 | +180% |
| Trade debts | 44 | €1,349 | €5,283 | +€3,934 | +291% |
| Suppliers | 440/4 | €1,349 | €5,283 | +€3,934 | +291% |
| Taxes, remuneration and social security | 45 | €1,275 | €2,066 | +€791 | +62.0% |
| Taxes | 450/3 | €1,275 | €2,066 | +€791 | +62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,806 | €625 | -€5,181 | -89.2% |
| Other operating charges | 640/8 | €593 | €578 | -€15 | -2.6% |
| Gross operating margin | 9900 | €6,747 | €7,748 | +€1,001 | +14.8% |
| Operating profit (loss) | 9901 | €348 | €6,545 | +€6,197 | +1,782% |
| Financial charges | 65/66B | €209 | €112 | -€97 | -46.4% |
| Recurring financial charges | 65 | €209 | €112 | -€97 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €138 | €6,433 | +€6,294 | +4,553% |
| Income taxes | 67/77 | - | €1,466 | +€1,466 | |
| Profit (loss) for the period | 9904 | €138 | €4,967 | +€4,828 | +3,492% |
| Profit (loss) for the period to be appropriated | 9905 | €138 | €4,967 | +€4,828 | +3,492% |
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 29 October 2026 via checked.be.