COHUDE MANAGEMENT: 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.
COHUDE MANAGEMENT
Largest movements
- Cash -€120,763
down €120,763 (-79.3%), from €152,321 to €31,558
mainly Other debts (-€124,160) and Contributions, distributions and other (-€100,000)
- Receivables within one year -€57,580
down €57,580 (-94.4%), from €61,000 to €3,420
of which Trade receivables: -€61,000
- Other debts -€124,160
down €124,160 (-27.0%), from €459,332 to €335,172
- Reserves +€106,680
up €106,680 (+18.8%), from €568,866 to €675,546
of which Distributable reserves: +€106,680
- Debts after one year -€95,000
no longer reported in 2024 (was €95,000)
- Trade debts -€61,233
down €61,233 (-50.6%), from €121,004 to €59,771
- Financial income +€205,346
new in 2024: €205,346
- Gross operating margin -€102,546
down €102,546 (-92.9%), from €110,350 to €7,804
- Taxes -€27,139
down €27,139 (-98.2%), from €27,639 to €500
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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,304,121 | €1,125,778 | -€178,343 | -13.7% |
| Fixed assets | 21/28 | €1,090,800 | €1,090,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,090,800 | €1,090,800 | = | 0.0% |
| Current assets | 29/58 | €213,321 | €34,978 | -€178,343 | -83.6% |
| Amounts receivable within one year | 40/41 | €61,000 | €3,420 | -€57,580 | -94.4% |
| Trade receivables | 40 | €61,000 | - | -€61,000 | |
| Other amounts receivable | 41 | - | €3,420 | +€3,420 | |
| Cash at bank and in hand | 54/58 | €152,321 | €31,558 | -€120,763 | -79.3% |
| Total equity and liabilities | 10/49 | €1,304,121 | €1,125,778 | -€178,343 | -13.7% |
| Equity | 10/15 | €587,466 | €694,146 | +€106,680 | +18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €568,866 | €675,546 | +€106,680 | +18.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €567,006 | €673,686 | +€106,680 | +18.8% |
| Amounts payable | 17/49 | €716,655 | €431,632 | -€285,023 | -39.8% |
| Amounts payable after more than one year | 17 | €95,000 | - | -€95,000 | |
| Financial debts | 170/4 | €95,000 | - | -€95,000 | |
| Amounts payable within one year | 42/48 | €617,665 | €431,632 | -€186,033 | -30.1% |
| Trade debts | 44 | €121,004 | €59,771 | -€61,233 | -50.6% |
| Suppliers | 440/4 | €121,004 | €59,771 | -€61,233 | -50.6% |
| Taxes, remuneration and social security | 45 | €37,329 | €36,689 | -€640 | -1.7% |
| Taxes | 450/3 | €37,329 | €36,689 | -€640 | -1.7% |
| Other amounts payable | 47/48 | €459,332 | €335,172 | -€124,160 | -27.0% |
| Accrued charges and deferred income | 492/3 | €3,990 | - | -€3,990 | |
| Other operating charges | 640/8 | €1,080 | €216 | -€864 | -80.0% |
| Gross operating margin | 9900 | €110,350 | €7,804 | -€102,546 | -92.9% |
| Operating profit (loss) | 9901 | €109,269 | €7,588 | -€101,682 | -93.1% |
| Financial income | 75/76B | - | €205,346 | +€205,346 | |
| Recurring financial income | 75 | - | €205,346 | +€205,346 | |
| Financial charges | 65/66B | €5,754 | €5,754 | = | 0.0% |
| Recurring financial charges | 65 | €5,754 | €5,754 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €103,515 | €207,179 | +€103,664 | +100% |
| Income taxes | 67/77 | €27,639 | €500 | -€27,139 | -98.2% |
| Profit (loss) for the period | 9904 | €75,877 | €206,680 | +€130,803 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €75,877 | €206,680 | +€130,803 | +172% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.