COJITE: 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.
COJITE
Largest movements
- Receivables within one year +€25,217
up €25,217 (+148.0%), from €17,043 to €42,260
of which Other amounts receivable: +€23,000
- Cash +€3,888
up €3,888 (+7.5%), from €51,588 to €55,476
mainly Net result for the year (+€23,307) and Tax, wage and social debts (+€6,153)
- Tangible fixed assets -€3,744
down €3,744 (-23.2%), from €16,161 to €12,417
of which Furniture and vehicles: -€4,860
- Reserves +€23,000
up €23,000 (+29.9%), from €77,000 to €100,000
- Tax, wage and social debts +€6,153
up €6,153 (+71.0%), from €8,670 to €14,823
- Current portion of long-term debt -€3,855
down €3,855 (-68.3%), from €5,641 to €1,785
- Gross operating margin -€21,235
down €21,235 (-40.7%), from €52,176 to €30,941
- Taxes -€18,147
down €18,147 (-99.8%), from €18,180 to €33
- Financial income +€775
new in 2025: €775
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 | €109,792 | €135,154 | +€25,362 | +23.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €16,161 | €12,417 | -€3,744 | -23.2% |
| Tangible fixed assets | 22/27 | €16,161 | €12,417 | -€3,744 | -23.2% |
| Land and buildings | 22 | - | €1,116 | +€1,116 | |
| Furniture and vehicles | 24 | €16,161 | €11,301 | -€4,860 | -30.1% |
| Current assets | 29/58 | €93,631 | €122,737 | +€29,105 | +31.1% |
| Amounts receivable within one year | 40/41 | €17,043 | €42,260 | +€25,217 | +148.0% |
| Trade receivables | 40 | €17,043 | €19,260 | +€2,217 | +13.0% |
| Other amounts receivable | 41 | - | €23,000 | +€23,000 | |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,588 | €55,476 | +€3,888 | +7.5% |
| Total equity and liabilities | 10/49 | €109,792 | €135,154 | +€25,362 | +23.1% |
| Equity | 10/15 | €84,047 | €107,355 | +€23,307 | +27.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €77,000 | €100,000 | +€23,000 | +29.9% |
| Distributable reserves | 133 | €77,000 | €100,000 | +€23,000 | +29.9% |
| Profit (loss) carried forward | 14 | €1,047 | €1,355 | +€307 | +29.3% |
| Amounts payable | 17/49 | €25,745 | €27,799 | +€2,054 | +8.0% |
| Amounts payable after more than one year | 17 | €1,341 | - | -€1,341 | |
| Financial debts | 170/4 | €1,341 | - | -€1,341 | |
| Amounts payable within one year | 42/48 | €24,403 | €27,667 | +€3,263 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €5,641 | €1,785 | -€3,855 | -68.3% |
| Trade debts | 44 | €43 | €81 | +€38 | +88.5% |
| Suppliers | 440/4 | €43 | €81 | +€38 | +88.5% |
| Advances received on contracts in progress | 46 | €9,393 | €10,148 | +€756 | +8.0% |
| Taxes, remuneration and social security | 45 | €8,670 | €14,823 | +€6,153 | +71.0% |
| Taxes | 450/3 | €8,670 | €14,823 | +€6,153 | +71.0% |
| Other amounts payable | 47/48 | €657 | €829 | +€172 | +26.2% |
| Accrued charges and deferred income | 492/3 | - | €133 | +€133 | |
| Remuneration, social security and pensions | 62 | €2,357 | €2,340 | -€17 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,851 | €4,879 | +€28 | +0.6% |
| Other operating charges | 640/8 | €394 | €797 | +€403 | +102.2% |
| Gross operating margin | 9900 | €52,176 | €30,941 | -€21,235 | -40.7% |
| Operating profit (loss) | 9901 | €44,574 | €22,925 | -€21,650 | -48.6% |
| Financial income | 75/76B | - | €775 | +€775 | |
| Recurring financial income | 75 | - | €775 | +€775 | |
| Financial charges | 65/66B | €700 | €360 | -€340 | -48.6% |
| Recurring financial charges | 65 | €700 | €360 | -€340 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €43,874 | €23,340 | -€20,535 | -46.8% |
| Income taxes | 67/77 | €18,180 | €33 | -€18,147 | -99.8% |
| Profit (loss) for the period | 9904 | €25,695 | €23,307 | -€2,387 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,695 | €23,307 | -€2,387 | -9.3% |
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 4 October 2026 via checked.be.