COOWI: 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.
COOWI
Largest movements
- Cash +€38,114
up €38,114 (+41.6%), from €91,722 to €129,837
mainly Net result for the year (+€28,567) and Depreciation (+€13,937)
- Receivables within one year -€11,613
down €11,613 (-39.9%), from €29,082 to €17,470
of which Trade receivables: -€13,520
- Tangible fixed assets +€6,912
up €6,912 (+57.3%), from €12,066 to €18,978
of which Furniture and vehicles: +€8,990
- Reserves +€28,567
up €28,567 (+81.1%), from €35,231 to €63,798
- Other debts +€8,927
up €8,927 (+43.2%), from €20,682 to €29,609
- Trade debts -€2,909
down €2,909 (-57.3%), from €5,076 to €2,168
- Gross operating margin -€7,749
down €7,749 (-12.4%), from €62,472 to €54,723
- Depreciation +€6,164
up €6,164 (+79.3%), from €7,773 to €13,937
- Taxes -€5,954
down €5,954 (-35.2%), from €16,903 to €10,949
- Write-downs -€1,380
down €1,380 (-73.4%), from €1,880 to €500
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 | €133,183 | €166,284 | +€33,101 | +24.9% |
| Fixed assets | 21/28 | €12,379 | €18,978 | +€6,599 | +53.3% |
| Tangible fixed assets | 22/27 | €12,066 | €18,978 | +€6,912 | +57.3% |
| Plant, machinery and equipment | 23 | €6,062 | €3,985 | -€2,078 | -34.3% |
| Furniture and vehicles | 24 | €6,004 | €14,993 | +€8,990 | +150% |
| Financial fixed assets | 28 | €313 | - | -€313 | |
| Current assets | 29/58 | €120,804 | €147,306 | +€26,502 | +21.9% |
| Amounts receivable within one year | 40/41 | €29,082 | €17,470 | -€11,613 | -39.9% |
| Trade receivables | 40 | €29,082 | €15,562 | -€13,520 | -46.5% |
| Other amounts receivable | 41 | - | €1,907 | +€1,907 | |
| Cash at bank and in hand | 54/58 | €91,722 | €129,837 | +€38,114 | +41.6% |
| Total equity and liabilities | 10/49 | €133,183 | €166,284 | +€33,101 | +24.9% |
| Equity | 10/15 | €91,854 | €120,421 | +€28,567 | +31.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €35,231 | €63,798 | +€28,567 | +81.1% |
| Distributable reserves | 133 | €35,231 | €63,798 | +€28,567 | +81.1% |
| Profit (loss) carried forward | 14 | €55,623 | €55,623 | = | 0.0% |
| Amounts payable | 17/49 | €41,329 | €45,863 | +€4,534 | +11.0% |
| Amounts payable within one year | 42/48 | €41,329 | €45,863 | +€4,534 | +11.0% |
| Trade debts | 44 | €5,076 | €2,168 | -€2,909 | -57.3% |
| Suppliers | 440/4 | €5,076 | €2,168 | -€2,909 | -57.3% |
| Taxes, remuneration and social security | 45 | €15,570 | €14,086 | -€1,485 | -9.5% |
| Taxes | 450/3 | €13,270 | €10,786 | -€2,485 | -18.7% |
| Remuneration and social security | 454/9 | €2,300 | €3,300 | +€1,000 | +43.5% |
| Other amounts payable | 47/48 | €20,682 | €29,609 | +€8,927 | +43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,773 | €13,937 | +€6,164 | +79.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,880 | €500 | -€1,380 | -73.4% |
| Other operating charges | 640/8 | €605 | €620 | +€14 | +2.4% |
| Gross operating margin | 9900 | €62,472 | €54,723 | -€7,749 | -12.4% |
| Operating profit (loss) | 9901 | €52,213 | €39,666 | -€12,547 | -24.0% |
| Financial income | 75/76B | €55 | €7 | -€48 | -86.6% |
| Recurring financial income | 75 | €55 | €7 | -€48 | -86.6% |
| Financial charges | 65/66B | €134 | €158 | +€24 | +17.7% |
| Recurring financial charges | 65 | €134 | €158 | +€24 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €52,135 | €39,516 | -€12,618 | -24.2% |
| Income taxes | 67/77 | €16,903 | €10,949 | -€5,954 | -35.2% |
| Profit (loss) for the period | 9904 | €35,231 | €28,567 | -€6,665 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,231 | €28,567 | -€6,665 | -18.9% |
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 18 October 2026 via checked.be.