COHEMO: 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.
COHEMO
Largest movements
- Cash +€8,042
up €8,042 (+25.6%), from €31,448 to €39,490
mainly Net result for the year (+€10,819) and Depreciation (+€925)
- Tangible fixed assets +€1,846
up €1,846 (+75.6%), from €2,443 to €4,289
- Receivables within one year +€515
new in 2025: €515
of which Trade receivables: +€489
- Reserves +€10,819
up €10,819 (+46.3%), from €23,390 to €34,209
- Tax, wage and social debts -€1,596
down €1,596 (-42.0%), from €3,799 to €2,203
- Other debts +€776
up €776 (+63.6%), from €1,220 to €1,995
- Gross operating margin -€2,485
down €2,485 (-13.6%), from €18,219 to €15,734
- Taxes -€524
down €524 (-13.1%), from €3,986 to €3,462
- Other operating charges -€374
down €374 (-56.5%), from €662 to €288
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.
Cash bridge derived
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 | €33,891 | €44,294 | +€10,402 | +30.7% |
| Fixed assets | 21/28 | €2,443 | €4,289 | +€1,846 | +75.6% |
| Tangible fixed assets | 22/27 | €2,443 | €4,289 | +€1,846 | +75.6% |
| Furniture and vehicles | 24 | €2,443 | €4,289 | +€1,846 | +75.6% |
| Current assets | 29/58 | €31,448 | €40,004 | +€8,556 | +27.2% |
| Amounts receivable within one year | 40/41 | - | €515 | +€515 | |
| Trade receivables | 40 | - | €489 | +€489 | |
| Other amounts receivable | 41 | - | €26 | +€26 | |
| Cash at bank and in hand | 54/58 | €31,448 | €39,490 | +€8,042 | +25.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €33,891 | €44,294 | +€10,402 | +30.7% |
| Equity | 10/15 | €28,390 | €39,209 | +€10,819 | +38.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,390 | €34,209 | +€10,819 | +46.3% |
| Distributable reserves | 133 | €23,390 | €34,209 | +€10,819 | +46.3% |
| Amounts payable | 17/49 | €5,501 | €5,085 | -€416 | -7.6% |
| Amounts payable within one year | 42/48 | €5,501 | €5,085 | -€416 | -7.6% |
| Trade debts | 44 | €483 | €887 | +€404 | +83.6% |
| Suppliers | 440/4 | €483 | €887 | +€404 | +83.6% |
| Taxes, remuneration and social security | 45 | €3,799 | €2,203 | -€1,596 | -42.0% |
| Taxes | 450/3 | €3,799 | €2,203 | -€1,596 | -42.0% |
| Other amounts payable | 47/48 | €1,220 | €1,995 | +€776 | +63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €904 | €925 | +€21 | +2.4% |
| Other operating charges | 640/8 | €662 | €288 | -€374 | -56.5% |
| Gross operating margin | 9900 | €18,219 | €15,734 | -€2,485 | -13.6% |
| Operating profit (loss) | 9901 | €16,653 | €14,521 | -€2,132 | -12.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €154 | €240 | +€86 | +55.9% |
| Recurring financial charges | 65 | €154 | €240 | +€86 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €16,499 | €14,280 | -€2,218 | -13.4% |
| Income taxes | 67/77 | €3,986 | €3,462 | -€524 | -13.1% |
| Profit (loss) for the period | 9904 | €12,513 | €10,819 | -€1,694 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,513 | €10,819 | -€1,694 | -13.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.