COOTB: 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.
COOTB
Largest movements
- Cash +€23,153
up €23,153 (+32.4%), from €71,445 to €94,598
mainly Net result for the year (+€34,091) and Depreciation (+€15,016)
- Receivables within one year +€20,553
up €20,553 (+441.0%), from €4,661 to €25,214
of which Other amounts receivable: +€10,653
- Tangible fixed assets -€15,016
down €15,016 (-5.9%), from €252,792 to €237,775
of which Land and buildings: -€13,140
- Reserves +€28,891
up €28,891 (+39.6%), from €72,894 to €101,785
of which Distributable reserves: +€29,698
- Trade debts +€9,190
up €9,190 (+2109.0%), from €436 to €9,626
- Other debts -€7,766
down €7,766 (-12.9%), from €60,428 to €52,662
- Current portion of long-term debt -€5,209
no longer reported in 2025 (was €5,209)
- Tax, wage and social debts +€4,123
up €4,123 (+135.4%), from €3,044 to €7,167
of which Taxes: +€4,125
- Gross operating margin +€41,804
up €41,804 (+168.9%), from €24,753 to €66,556
- Taxes +€10,466
up €10,466 (+282.8%), from €3,701 to €14,167
- Depreciation -€783
down €783 (-5.0%), from €15,800 to €15,016
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 | €329,926 | €358,616 | +€28,690 | +8.7% |
| Fixed assets | 21/28 | €253,042 | €238,025 | -€15,016 | -5.9% |
| Tangible fixed assets | 22/27 | €252,792 | €237,775 | -€15,016 | -5.9% |
| Land and buildings | 22 | €248,461 | €235,321 | -€13,140 | -5.3% |
| Furniture and vehicles | 24 | €3,927 | €2,454 | -€1,473 | -37.5% |
| Other tangible fixed assets | 26 | €404 | - | -€404 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €76,885 | €120,591 | +€43,706 | +56.8% |
| Amounts receivable within one year | 40/41 | €4,661 | €25,214 | +€20,553 | +441.0% |
| Trade receivables | 40 | - | €9,900 | +€9,900 | |
| Other amounts receivable | 41 | €4,661 | €15,314 | +€10,653 | +228.6% |
| Cash at bank and in hand | 54/58 | €71,445 | €94,598 | +€23,153 | +32.4% |
| Deferred charges and accrued income | 490/1 | €780 | €780 | = | 0.0% |
| Total equity and liabilities | 10/49 | €329,926 | €358,616 | +€28,690 | +8.7% |
| Equity | 10/15 | €246,703 | €275,341 | +€28,638 | +11.6% |
| Contributions | 10/11 | €168,200 | €168,200 | = | 0.0% |
| Reserves | 13 | €72,894 | €101,785 | +€28,891 | +39.6% |
| Tax-exempt reserves | 132 | €13,529 | €12,722 | -€807 | -6.0% |
| Distributable reserves | 133 | €59,365 | €89,063 | +€29,698 | +50.0% |
| Investment grants | 15 | €5,609 | €5,356 | -€253 | -4.5% |
| Provisions and deferred taxes | 16 | €5,252 | €4,966 | -€286 | -5.4% |
| Deferred taxes | 168 | €5,252 | €4,966 | -€286 | -5.4% |
| Amounts payable | 17/49 | €77,972 | €78,309 | +€338 | +0.4% |
| Amounts payable after more than one year | 17 | €1,737 | €1,737 | = | 0.0% |
| Financial debts | 170/4 | €1,737 | €1,737 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,117 | €69,455 | +€338 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €5,209 | - | -€5,209 | |
| Trade debts | 44 | €436 | €9,626 | +€9,190 | +2109.0% |
| Suppliers | 440/4 | €436 | €9,626 | +€9,190 | +2109.0% |
| Taxes, remuneration and social security | 45 | €3,044 | €7,167 | +€4,123 | +135.4% |
| Taxes | 450/3 | €3,042 | €7,167 | +€4,125 | +135.6% |
| Remuneration and social security | 454/9 | €2 | - | -€2 | |
| Other amounts payable | 47/48 | €60,428 | €52,662 | -€7,766 | -12.9% |
| Accrued charges and deferred income | 492/3 | €7,117 | €7,117 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,800 | €15,016 | -€783 | -5.0% |
| Other operating charges | 640/8 | €3,761 | €3,810 | +€50 | +1.3% |
| Gross operating margin | 9900 | €24,753 | €66,556 | +€41,804 | +168.9% |
| Operating profit (loss) | 9901 | €5,192 | €47,730 | +€42,538 | +819.3% |
| Financial income | 75/76B | €1,988 | €1,643 | -€344 | -17.3% |
| Recurring financial income | 75 | €1,988 | €1,643 | -€344 | -17.3% |
| Financial charges | 65/66B | €1,668 | €1,401 | -€267 | -16.0% |
| Recurring financial charges | 65 | €1,668 | €1,401 | -€267 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €5,512 | €47,972 | +€42,460 | +770.3% |
| Transfer from deferred taxes | 780 | €286 | €286 | = | 0.0% |
| Income taxes | 67/77 | €3,701 | €14,167 | +€10,466 | +282.8% |
| Profit (loss) for the period | 9904 | €2,097 | €34,091 | +€31,994 | +1525.9% |
| Transfer from tax-exempt reserves | 789 | €807 | €807 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,904 | €34,898 | +€31,994 | +1101.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.