COHN RENE: what changed
COHN RENE
Largest movements
- Cash -€18,563
down €18,563 (-52.3%), from €35,521 to €16,959
mainly Other debts (-€13,935) and Investment in fixed assets (net) (-€9,993)
- Tangible fixed assets +€3,355
up €3,355 (+20.6%), from €16,267 to €19,622
of which Furniture and vehicles: +€4,711
- Deferred charges and accrued income -€1,209
down €1,209 (-29.6%), from €4,082 to €2,873
- Other debts -€13,935
down €13,935 (-13.9%), from €100,197 to €86,263
- Tax, wage and social debts +€3,393
up €3,393 (+9.0%), from €37,641 to €41,034
of which Remuneration and social security: +€5,147
- Profit (loss) carried forward -€3,238
down €3,238 (-4.6%), from -€70,207 to -€73,446
- Trade debts -€2,842
down €2,842 (-68.6%), from €4,141 to €1,299
- Gross operating margin -€23,950
down €23,950 (-27.3%), from €87,733 to €63,783
- Staff costs -€23,208
down €23,208 (-30.3%), from €76,602 to €53,394
- Other operating charges +€3,208
up €3,208 (+435%), from €737 to €3,945
- Taxes +€3,118
up €3,118 (+601%), from €519 to €3,637
- Depreciation -€1,751
down €1,751 (-22.7%), from €7,715 to €5,964
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,096 | €92,474 | -€16,622 | -15.2% |
| Fixed assets | 21/28 | €16,702 | €20,731 | +€4,029 | +24.1% |
| Tangible fixed assets | 22/27 | €16,267 | €19,622 | +€3,355 | +20.6% |
| Plant, machinery and equipment | 23 | €2,467 | €2,954 | +€488 | +19.8% |
| Furniture and vehicles | 24 | €4,579 | €9,290 | +€4,711 | +103% |
| Other tangible fixed assets | 26 | €9,221 | €7,377 | -€1,844 | -20.0% |
| Financial fixed assets | 28 | €435 | €1,109 | +€674 | +155% |
| Current assets | 29/58 | €92,394 | €71,743 | -€20,651 | -22.4% |
| Amounts receivable within one year | 40/41 | €52,790 | €51,911 | -€879 | -1.7% |
| Trade receivables | 40 | €52,430 | €48,790 | -€3,640 | -6.9% |
| Other amounts receivable | 41 | €360 | €3,121 | +€2,761 | +767% |
| Cash at bank and in hand | 54/58 | €35,521 | €16,959 | -€18,563 | -52.3% |
| Deferred charges and accrued income | 490/1 | €4,082 | €2,873 | -€1,209 | -29.6% |
| Total equity and liabilities | 10/49 | €109,096 | €92,474 | -€16,622 | -15.2% |
| Equity | 10/15 | -€32,883 | -€36,121 | -€3,238 | -9.8% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €12,524 | €12,524 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,724 | €3,724 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,724 | €3,724 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,800 | €8,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,207 | -€73,446 | -€3,238 | -4.6% |
| Amounts payable | 17/49 | €141,979 | €128,595 | -€13,384 | -9.4% |
| Amounts payable within one year | 42/48 | €141,979 | €128,595 | -€13,384 | -9.4% |
| Trade debts | 44 | €4,141 | €1,299 | -€2,842 | -68.6% |
| Suppliers | 440/4 | €4,141 | €1,299 | -€2,842 | -68.6% |
| Taxes, remuneration and social security | 45 | €37,641 | €41,034 | +€3,393 | +9.0% |
| Taxes | 450/3 | €11,429 | €9,675 | -€1,755 | -15.4% |
| Remuneration and social security | 454/9 | €26,212 | €31,359 | +€5,147 | +19.6% |
| Other amounts payable | 47/48 | €100,197 | €86,263 | -€13,935 | -13.9% |
| Remuneration, social security and pensions | 62 | €76,602 | €53,394 | -€23,208 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,715 | €5,964 | -€1,751 | -22.7% |
| Other operating charges | 640/8 | €737 | €3,945 | +€3,208 | +435% |
| Gross operating margin | 9900 | €87,733 | €63,783 | -€23,950 | -27.3% |
| Operating profit (loss) | 9901 | €2,679 | €480 | -€2,199 | -82.1% |
| Financial income | 75/76B | €35 | €1 | -€34 | -97.4% |
| Recurring financial income | 75 | €35 | €1 | -€34 | -97.4% |
| Financial charges | 65/66B | €97 | €83 | -€14 | -14.3% |
| Recurring financial charges | 65 | €97 | €83 | -€14 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €2,617 | €398 | -€2,219 | -84.8% |
| Income taxes | 67/77 | €519 | €3,637 | +€3,118 | +601% |
| Profit (loss) for the period | 9904 | €2,099 | -€3,238 | -€5,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,099 | -€3,238 | -€5,337 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.