Compagnie des Cotons: 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.
Compagnie des Cotons
Largest movements
- Cash +€31,917
up €31,917 (+124.5%), from €25,640 to €57,557
mainly Current portion of long-term debt (+€96,416) and Net result for the year (+€10,589)
- Receivables within one year +€19,543
up €19,543 (+1098.3%), from €1,779 to €21,322
of which Trade receivables: +€13,400
- Stocks and contracts +€16,434
up €16,434 (+8.8%), from €186,347 to €202,781
- Current portion of long-term debt +€96,416
up €96,416 (+811.9%), from €11,875 to €108,291
- Trade debts -€29,149
down €29,149 (-60.9%), from €47,884 to €18,735
- Tax, wage and social debts -€13,766
down €13,766 (-34.1%), from €40,332 to €26,566
of which Taxes: -€15,422
- Profit (loss) carried forward +€10,589
up €10,589 (+67.2%), from -€15,765 to -€5,176
- Other debts +€10,557
up €10,557 (+19.9%), from €52,932 to €63,489
- Gross operating margin -€32,768
down €32,768 (-45.6%), from €71,897 to €39,129
- Taxes -€11,373
down €11,373 (-64.3%), from €17,690 to €6,318
- Financial charges -€4,928
down €4,928 (-38.5%), from €12,792 to €7,865
- Staff costs +€1,759
up €1,759 (+29.6%), from €5,945 to €7,704
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 | €255,549 | €321,905 | +€66,356 | +26.0% |
| Fixed assets | 21/28 | €37,792 | €35,944 | -€1,848 | -4.9% |
| Tangible fixed assets | 22/27 | €33,757 | €31,909 | -€1,848 | -5.5% |
| Furniture and vehicles | 24 | €3,662 | €6,052 | +€2,390 | +65.3% |
| Other tangible fixed assets | 26 | €30,096 | €25,857 | -€4,238 | -14.1% |
| Financial fixed assets | 28 | €4,034 | €4,034 | = | 0.0% |
| Current assets | 29/58 | €217,757 | €285,961 | +€68,204 | +31.3% |
| Stocks and contracts in progress | 3 | €186,347 | €202,781 | +€16,434 | +8.8% |
| Stocks | 30/36 | €186,347 | €202,781 | +€16,434 | +8.8% |
| Amounts receivable within one year | 40/41 | €1,779 | €21,322 | +€19,543 | +1098.3% |
| Trade receivables | 40 | €1,779 | €15,179 | +€13,400 | +753.1% |
| Other amounts receivable | 41 | - | €6,143 | +€6,143 | |
| Cash at bank and in hand | 54/58 | €25,640 | €57,557 | +€31,917 | +124.5% |
| Deferred charges and accrued income | 490/1 | €3,991 | €4,301 | +€310 | +7.8% |
| Total equity and liabilities | 10/49 | €255,549 | €321,905 | +€66,356 | +26.0% |
| Equity | 10/15 | €94,235 | €104,824 | +€10,589 | +11.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,765 | -€5,176 | +€10,589 | +67.2% |
| Amounts payable | 17/49 | €161,313 | €217,081 | +€55,768 | +34.6% |
| Amounts payable after more than one year | 17 | €8,291 | - | -€8,291 | |
| Financial debts | 170/4 | €8,291 | - | -€8,291 | |
| Amounts payable within one year | 42/48 | €153,023 | €217,081 | +€64,059 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €11,875 | €108,291 | +€96,416 | +811.9% |
| Trade debts | 44 | €47,884 | €18,735 | -€29,149 | -60.9% |
| Suppliers | 440/4 | €47,884 | €18,735 | -€29,149 | -60.9% |
| Taxes, remuneration and social security | 45 | €40,332 | €26,566 | -€13,766 | -34.1% |
| Taxes | 450/3 | €29,122 | €13,701 | -€15,422 | -53.0% |
| Remuneration and social security | 454/9 | €11,210 | €12,865 | +€1,655 | +14.8% |
| Other amounts payable | 47/48 | €52,932 | €63,489 | +€10,557 | +19.9% |
| Remuneration, social security and pensions | 62 | €5,945 | €7,704 | +€1,759 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,183 | €5,828 | +€645 | +12.4% |
| Other operating charges | 640/8 | €946 | €826 | -€119 | -12.6% |
| Gross operating margin | 9900 | €71,897 | €39,129 | -€32,768 | -45.6% |
| Operating profit (loss) | 9901 | €59,824 | €24,771 | -€35,053 | -58.6% |
| Financial charges | 65/66B | €12,792 | €7,865 | -€4,928 | -38.5% |
| Recurring financial charges | 65 | €12,792 | €7,865 | -€4,928 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €47,031 | €16,906 | -€30,125 | -64.1% |
| Income taxes | 67/77 | €17,690 | €6,318 | -€11,373 | -64.3% |
| Profit (loss) for the period | 9904 | €29,341 | €10,589 | -€18,752 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,341 | €10,589 | -€18,752 | -63.9% |
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 8 October 2026 via checked.be.