Cohesive HR: 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.
Cohesive HR
Largest movements
- Receivables within one year +€26,076
up €26,076 (+3,589%), from €727 to €26,803
of which Trade receivables: +€22,955
- Reserves +€17,879
up €17,879 (+36.5%), from €49,032 to €66,910
- Tax, wage and social debts +€7,046
up €7,046 (+25.2%), from €28,004 to €35,050
- Gross operating margin -€41,574
down €41,574 (-60.5%), from €68,742 to €27,168
- Taxes -€11,064
down €11,064 (-57.0%), from €19,418 to €8,354
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 | €80,148 | €105,600 | +€25,452 | +31.8% |
| Current assets | 29/58 | €80,148 | €105,600 | +€25,452 | +31.8% |
| Amounts receivable within one year | 40/41 | €727 | €26,803 | +€26,076 | +3,589% |
| Trade receivables | 40 | - | €22,955 | +€22,955 | |
| Other amounts receivable | 41 | €727 | €3,848 | +€3,121 | +430% |
| Cash at bank and in hand | 54/58 | €77,803 | €76,953 | -€851 | -1.1% |
| Deferred charges and accrued income | 490/1 | €1,618 | €1,845 | +€227 | +14.0% |
| Total equity and liabilities | 10/49 | €80,148 | €105,600 | +€25,452 | +31.8% |
| Equity | 10/15 | €51,532 | €69,410 | +€17,879 | +34.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,032 | €66,910 | +€17,879 | +36.5% |
| Distributable reserves | 133 | €49,032 | €66,910 | +€17,879 | +36.5% |
| Amounts payable | 17/49 | €28,616 | €36,190 | +€7,574 | +26.5% |
| Amounts payable within one year | 42/48 | €28,616 | €36,190 | +€7,574 | +26.5% |
| Trade debts | 44 | €613 | €1,140 | +€527 | +86.0% |
| Suppliers | 440/4 | €613 | €1,140 | +€527 | +86.0% |
| Taxes, remuneration and social security | 45 | €28,004 | €35,050 | +€7,046 | +25.2% |
| Taxes | 450/3 | €28,004 | €35,050 | +€7,046 | +25.2% |
| Other operating charges | 640/8 | €270 | €937 | +€667 | +247% |
| Gross operating margin | 9900 | €68,742 | €27,168 | -€41,574 | -60.5% |
| Operating profit (loss) | 9901 | €68,473 | €26,231 | -€42,241 | -61.7% |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €23 | €116 | +€92 | +392% |
| Recurring financial charges | 65 | €23 | €116 | +€92 | +392% |
| Profit (loss) for the period before taxes | 9903 | €68,449 | €26,232 | -€42,217 | -61.7% |
| Income taxes | 67/77 | €19,418 | €8,354 | -€11,064 | -57.0% |
| Profit (loss) for the period | 9904 | €49,032 | €17,879 | -€31,153 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,032 | €17,879 | -€31,153 | -63.5% |
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 21 October 2026 via checked.be.