COJANU DECOR: 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.
COJANU DECOR
Largest movements
- Tangible fixed assets +€32,394
up €32,394 (+519%), from €6,237 to €38,630
of which Furniture and vehicles: +€33,208
- Receivables within one year +€20,884
up €20,884 (+34.3%), from €60,931 to €81,815
of which Trade receivables: +€23,226
- Cash -€15,079
down €15,079 (-27.0%), from €55,917 to €40,838
mainly Investment in fixed assets (net) (-€44,621) and Receivables within one year (-€20,884)
- Debts after one year +€33,065
new in 2025: €33,065
- Trade debts -€18,140
down €18,140 (-38.3%), from €47,354 to €29,214
of which Suppliers: -€10,340
- Profit (loss) carried forward +€11,576
up €11,576 (+21.6%), from €53,501 to €65,076
- Current portion of long-term debt +€9,438
up €9,438 (+821%), from €1,149 to €10,587
- Tax, wage and social debts +€2,260
up €2,260 (+42.5%), from €5,320 to €7,581
- Depreciation +€7,439
up €7,439 (+155%), from €4,788 to €12,227
- Gross operating margin +€6,707
up €6,707 (+23.3%), from €28,832 to €35,538
- Other operating charges +€2,799
up €2,799 (+128%), from €2,184 to €4,983
- Financial charges -€371
down €371 (-19.9%), from €1,863 to €1,492
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 | €123,085 | €161,283 | +€38,199 | +31.0% |
| Fixed assets | 21/28 | €6,237 | €38,630 | +€32,394 | +519% |
| Tangible fixed assets | 22/27 | €6,237 | €38,630 | +€32,394 | +519% |
| Plant, machinery and equipment | 23 | €815 | - | -€815 | |
| Furniture and vehicles | 24 | €5,422 | €38,630 | +€33,208 | +612% |
| Current assets | 29/58 | €116,848 | €122,653 | +€5,805 | +5.0% |
| Amounts receivable within one year | 40/41 | €60,931 | €81,815 | +€20,884 | +34.3% |
| Trade receivables | 40 | €50,905 | €74,131 | +€23,226 | +45.6% |
| Other amounts receivable | 41 | €10,026 | €7,684 | -€2,342 | -23.4% |
| Cash at bank and in hand | 54/58 | €55,917 | €40,838 | -€15,079 | -27.0% |
| Total equity and liabilities | 10/49 | €123,085 | €161,283 | +€38,199 | +31.0% |
| Equity | 10/15 | €69,261 | €80,836 | +€11,576 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,560 | €9,560 | = | 0.0% |
| Distributable reserves | 133 | €9,560 | €9,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,501 | €65,076 | +€11,576 | +21.6% |
| Amounts payable | 17/49 | €53,824 | €80,447 | +€26,623 | +49.5% |
| Amounts payable after more than one year | 17 | - | €33,065 | +€33,065 | |
| Financial debts | 170/4 | - | €33,065 | +€33,065 | |
| Amounts payable within one year | 42/48 | €53,824 | €47,382 | -€6,442 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €1,149 | €10,587 | +€9,438 | +821% |
| Trade debts | 44 | €47,354 | €29,214 | -€18,140 | -38.3% |
| Suppliers | 440/4 | €39,554 | €29,214 | -€10,340 | -26.1% |
| Bills of exchange payable | 441 | €7,800 | - | -€7,800 | |
| Taxes, remuneration and social security | 45 | €5,320 | €7,581 | +€2,260 | +42.5% |
| Taxes | 450/3 | €5,320 | €7,581 | +€2,260 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,788 | €12,227 | +€7,439 | +155% |
| Other operating charges | 640/8 | €2,184 | €4,983 | +€2,799 | +128% |
| Gross operating margin | 9900 | €28,832 | €35,538 | +€6,707 | +23.3% |
| Operating profit (loss) | 9901 | €21,859 | €18,328 | -€3,532 | -16.2% |
| Financial charges | 65/66B | €1,863 | €1,492 | -€371 | -19.9% |
| Recurring financial charges | 65 | €1,863 | €1,492 | -€371 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €19,996 | €16,836 | -€3,160 | -15.8% |
| Income taxes | 67/77 | €5,320 | €5,260 | -€60 | -1.1% |
| Profit (loss) for the period | 9904 | €14,676 | €11,576 | -€3,100 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,676 | €11,576 | -€3,100 | -21.1% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.