CoGreen: 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.
CoGreen
Largest movements
- Receivables within one year -€777,233
down €777,233 (-61.5%), from €1.3m to €486,587
of which Other amounts receivable: -€1.0m
- Contributions -€893,125
down €893,125 (-16.7%), from €5.4m to €4.5m
- Other debts +€171,300
up €171,300 (+79.9%), from €214,493 to €385,794
- Financial income -€133,017
down €133,017 (-33.7%), from €394,306 to €261,289
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,927,991 | €5,150,757 | -€777,233 | -13.1% |
| Fixed assets | 21/28 | €4,663,750 | €4,663,750 | = | 0.0% |
| Financial fixed assets | 28 | €4,663,750 | €4,663,750 | = | 0.0% |
| Affiliated companies | 280/1 | €4,663,750 | €4,663,750 | = | 0.0% |
| Amounts receivable | 281 | €4,663,750 | €4,663,750 | = | 0.0% |
| Current assets | 29/58 | €1,264,241 | €487,007 | -€777,233 | -61.5% |
| Amounts receivable within one year | 40/41 | €1,263,821 | €486,587 | -€777,233 | -61.5% |
| Trade receivables | 40 | - | €269,732 | +€269,732 | |
| Other amounts receivable | 41 | €1,263,821 | €216,856 | -€1.0m | -82.8% |
| Deferred charges and accrued income | 490/1 | €420 | €420 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,927,991 | €5,150,757 | -€777,233 | -13.1% |
| Equity | 10/15 | €5,502,422 | €4,615,694 | -€886,728 | -16.1% |
| Contributions | 10/11 | €5,355,250 | €4,462,125 | -€893,125 | -16.7% |
| Reserves | 13 | €94,714 | €106,432 | +€11,718 | +12.4% |
| Non-distributable reserves | 130/1 | €94,714 | €106,432 | +€11,718 | +12.4% |
| Reserves not available under the articles | 1311 | €94,714 | €106,432 | +€11,718 | +12.4% |
| Profit (loss) carried forward | 14 | €52,458 | €47,137 | -€5,321 | -10.1% |
| Amounts payable | 17/49 | €425,568 | €535,063 | +€109,495 | +25.7% |
| Amounts payable within one year | 42/48 | €340,868 | €468,363 | +€127,495 | +37.4% |
| Trade debts | 44 | €19,303 | €12,182 | -€7,121 | -36.9% |
| Suppliers | 440/4 | €19,303 | €12,182 | -€7,121 | -36.9% |
| Taxes, remuneration and social security | 45 | €107,072 | €70,387 | -€36,685 | -34.3% |
| Taxes | 450/3 | €107,072 | €70,387 | -€36,685 | -34.3% |
| Other amounts payable | 47/48 | €214,493 | €385,794 | +€171,300 | +79.9% |
| Accrued charges and deferred income | 492/3 | €84,700 | €66,700 | -€18,000 | -21.3% |
| Operating charges | 60/66A | €26,606 | €19,109 | -€7,497 | -28.2% |
| Services and other goods | 61 | €25,646 | €18,142 | -€7,504 | -29.3% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Operating profit (loss) | 9901 | -€26,606 | -€19,109 | +€7,497 | +28.2% |
| Financial income | 75/76B | €394,306 | €261,289 | -€133,017 | -33.7% |
| Recurring financial income | 75 | €394,306 | €261,289 | -€133,017 | -33.7% |
| Income from financial fixed assets | 750 | €370,114 | €216,856 | -€153,258 | -41.4% |
| Income from current assets | 751 | €3,192 | €26,433 | +€23,242 | +728.2% |
| Other financial income | 752/9 | €21,000 | €18,000 | -€3,000 | -14.3% |
| Financial charges | 65/66B | €1,183 | €4,938 | +€3,755 | +317.4% |
| Recurring financial charges | 65 | €1,183 | €4,938 | +€3,755 | +317.4% |
| Debt charges | 650 | €559 | €4,275 | +€3,716 | +664.6% |
| Other financial charges | 652/9 | €624 | €663 | +€39 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €366,516 | €237,242 | -€129,275 | -35.3% |
| Income taxes | 67/77 | €16,158 | €2,887 | -€13,271 | -82.1% |
| Taxes | 670/3 | €16,158 | €2,887 | -€13,271 | -82.1% |
| Profit (loss) for the period | 9904 | €350,359 | €234,355 | -€116,004 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €350,359 | €234,355 | -€116,004 | -33.1% |
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 1 October 2026 via checked.be.