Cojacks: 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.
Cojacks
Largest movements
- Receivables within one year -€22,454
down €22,454 (-36.4%), from €61,679 to €39,225
of which Other amounts receivable: -€23,503
- Cash +€5,698
up €5,698 (+32.8%), from €17,350 to €23,047
mainly Provisions (+€42,436) and Receivables within one year (+€22,454)
- Receivables after one year +€2,947
up €2,947 (+3.1%), from €95,351 to €98,298
- Profit (loss) carried forward -€48,614
down €48,614 (-339.2%), from -€14,333 to -€62,947
- Provisions +€42,436
new in 2025: €42,436
- Trade debts -€15,050
down €15,050 (-84.1%), from €17,902 to €2,852
- Advances received +€8,894
up €8,894 (+12705.6%), from €70 to €8,964
- Tax, wage and social debts -€4,264
down €4,264 (-40.2%), from €10,601 to €6,336
of which Remuneration and social security: -€3,932
- Provisions +€42,436
new in 2025: €42,436
- Staff costs +€5,971
new in 2025: €5,971
- Financial income -€3,503
down €3,503 (-48.2%), from €7,260 to €3,757
- Taxes -€297
down €297 (-67.0%), from €444 to €147
- Financial charges -€279
down €279 (-11.3%), from €2,475 to €2,196
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 | €191,581 | €176,152 | -€15,429 | -8.1% |
| Fixed assets | 21/28 | €16,042 | €15,354 | -€688 | -4.3% |
| Tangible fixed assets | 22/27 | €7,766 | €7,079 | -€687 | -8.8% |
| Plant, machinery and equipment | 23 | €59 | €0 | -€59 | -100.0% |
| Furniture and vehicles | 24 | €557 | €1,661 | +€1,104 | +198.4% |
| Other tangible fixed assets | 26 | €7,150 | €5,418 | -€1,732 | -24.2% |
| Financial fixed assets | 28 | €8,276 | €8,275 | -€1 | 0.0% |
| Current assets | 29/58 | €175,539 | €160,798 | -€14,741 | -8.4% |
| Amounts receivable after more than one year | 29 | €95,351 | €98,298 | +€2,947 | +3.1% |
| Other amounts receivable | 291 | €95,351 | €98,298 | +€2,947 | +3.1% |
| Amounts receivable within one year | 40/41 | €61,679 | €39,225 | -€22,454 | -36.4% |
| Trade receivables | 40 | €33,569 | €34,618 | +€1,049 | +3.1% |
| Other amounts receivable | 41 | €28,111 | €4,607 | -€23,503 | -83.6% |
| Current investments | 50/53 | - | €50 | +€50 | |
| Cash at bank and in hand | 54/58 | €17,350 | €23,047 | +€5,698 | +32.8% |
| Deferred charges and accrued income | 490/1 | €1,159 | €177 | -€982 | -84.7% |
| Total equity and liabilities | 10/49 | €191,581 | €176,152 | -€15,429 | -8.1% |
| Equity | 10/15 | €161,435 | €112,821 | -€48,614 | -30.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €155,767 | €155,767 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,014 | €2,014 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,014 | €2,014 | = | 0.0% |
| Distributable reserves | 133 | €153,753 | €153,753 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,333 | -€62,947 | -€48,614 | -339.2% |
| Provisions and deferred taxes | 16 | - | €42,436 | +€42,436 | |
| Provisions for liabilities and charges | 160/5 | - | €42,436 | +€42,436 | |
| Other liabilities and charges | 164/5 | - | €42,436 | +€42,436 | |
| Amounts payable | 17/49 | €30,146 | €20,895 | -€9,251 | -30.7% |
| Amounts payable within one year | 42/48 | €29,076 | €19,565 | -€9,511 | -32.7% |
| Trade debts | 44 | €17,902 | €2,852 | -€15,050 | -84.1% |
| Suppliers | 440/4 | €17,902 | €2,852 | -€15,050 | -84.1% |
| Advances received on contracts in progress | 46 | €70 | €8,964 | +€8,894 | +12705.6% |
| Taxes, remuneration and social security | 45 | €10,601 | €6,336 | -€4,264 | -40.2% |
| Taxes | 450/3 | €6,669 | €6,336 | -€332 | -5.0% |
| Remuneration and social security | 454/9 | €3,932 | €0 | -€3,932 | -100.0% |
| Other amounts payable | 47/48 | €503 | €1,412 | +€909 | +180.6% |
| Accrued charges and deferred income | 492/3 | €1,070 | €1,330 | +€260 | +24.3% |
| Remuneration, social security and pensions | 62 | - | €5,971 | +€5,971 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,781 | €2,616 | -€165 | -5.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €42,436 | +€42,436 | |
| Other operating charges | 640/8 | €1,216 | €1,443 | +€227 | +18.7% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €2,302 | €2,439 | +€136 | +5.9% |
| Operating profit (loss) | 9901 | -€1,695 | -€50,029 | -€48,334 | -2852.3% |
| Financial income | 75/76B | €7,260 | €3,757 | -€3,503 | -48.2% |
| Recurring financial income | 75 | €7,260 | €3,757 | -€3,503 | -48.2% |
| Financial charges | 65/66B | €2,475 | €2,196 | -€279 | -11.3% |
| Recurring financial charges | 65 | €2,475 | €2,196 | -€279 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €3,091 | -€48,467 | -€51,558 | |
| Income taxes | 67/77 | €444 | €147 | -€297 | -67.0% |
| Profit (loss) for the period | 9904 | €2,647 | -€48,614 | -€51,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,647 | -€48,614 | -€51,261 |
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 29 September 2026 via checked.be.