COHORTIS: 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.
COHORTIS
Largest movements
- Cash +€50,903
up €50,903 (+90.8%), from €56,090 to €106,993
mainly Net result for the year (+€45,180) and Other debts (+€44,300)
- Receivables within one year -€6,591
down €6,591 (-21.3%), from €30,937 to €24,346
of which Trade receivables: -€7,287
- Other debts +€44,300
up €44,300 (+6,329%), from €700 to €45,000
- Taxes -€3,447
down €3,447 (-22.0%), from €15,667 to €12,220
- Gross operating margin +€3,050
up €3,050 (+5.2%), from €59,146 to €62,197
- Depreciation +€739
up €739 (+17.6%), from €4,203 to €4,942
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 | €124,923 | €169,197 | +€44,274 | +35.4% |
| Fixed assets | 21/28 | €9,116 | €8,241 | -€874 | -9.6% |
| Tangible fixed assets | 22/27 | €8,966 | €8,091 | -€874 | -9.8% |
| Furniture and vehicles | 24 | €7,899 | €7,388 | -€511 | -6.5% |
| Other tangible fixed assets | 26 | €1,067 | €704 | -€363 | -34.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €115,807 | €160,956 | +€45,148 | +39.0% |
| Amounts receivable after more than one year | 29 | €27,625 | €27,625 | = | 0.0% |
| Trade receivables | 290 | €27,625 | €27,625 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,937 | €24,346 | -€6,591 | -21.3% |
| Trade receivables | 40 | €27,407 | €20,119 | -€7,287 | -26.6% |
| Other amounts receivable | 41 | €3,530 | €4,227 | +€696 | +19.7% |
| Cash at bank and in hand | 54/58 | €56,090 | €106,993 | +€50,903 | +90.8% |
| Deferred charges and accrued income | 490/1 | €1,155 | €1,991 | +€836 | +72.3% |
| Total equity and liabilities | 10/49 | €124,923 | €169,197 | +€44,274 | +35.4% |
| Equity | 10/15 | €110,730 | €110,910 | +€180 | +0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €105,500 | €105,500 | = | 0.0% |
| Distributable reserves | 133 | €105,500 | €105,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230 | €410 | +€180 | +78.1% |
| Amounts payable | 17/49 | €14,193 | €58,287 | +€44,094 | +311% |
| Amounts payable within one year | 42/48 | €14,193 | €58,287 | +€44,094 | +311% |
| Trade debts | 44 | €2,226 | €1,111 | -€1,115 | -50.1% |
| Suppliers | 440/4 | €2,226 | €1,111 | -€1,115 | -50.1% |
| Taxes, remuneration and social security | 45 | €11,266 | €12,176 | +€910 | +8.1% |
| Taxes | 450/3 | €11,266 | €12,176 | +€910 | +8.1% |
| Other amounts payable | 47/48 | €700 | €45,000 | +€44,300 | +6,329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,203 | €4,942 | +€739 | +17.6% |
| Other operating charges | 640/8 | €126 | €528 | +€402 | +319% |
| Gross operating margin | 9900 | €59,146 | €62,197 | +€3,050 | +5.2% |
| Operating profit (loss) | 9901 | €54,818 | €56,727 | +€1,909 | +3.5% |
| Financial income | 75/76B | €843 | €840 | -€3 | -0.3% |
| Recurring financial income | 75 | €843 | €840 | -€3 | -0.3% |
| Financial charges | 65/66B | €96 | €167 | +€71 | +73.6% |
| Recurring financial charges | 65 | €96 | €167 | +€71 | +73.6% |
| Profit (loss) for the period before taxes | 9903 | €55,564 | €57,400 | +€1,836 | +3.3% |
| Income taxes | 67/77 | €15,667 | €12,220 | -€3,447 | -22.0% |
| Profit (loss) for the period | 9904 | €39,897 | €45,180 | +€5,283 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,897 | €45,180 | +€5,283 | +13.2% |
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 15 October 2026 via checked.be.