Skip to content

Cota: 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.

What changed

Cota

BE 0403.469.421
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,027
2024 · €9,351+€4,677
Equity
€895,516
2024 · €897,989-€2,473
Cash
€224,373
2024 · €160,440+€63,934
Balance sheet total
€1.1m
2024 · €1.1m+€4,855

Largest movements

2024 to 2025
Assets
  • Cash +€63,934

    up €63,934 (+39.8%), from €160,440 to €224,373

    mainly Depreciation (+€59,131) and Other debts (+€14,628)

  • Tangible fixed assets -€59,131

    down €59,131 (-6.4%), from €923,954 to €864,823

Equity and liabilities
  • Other debts +€14,628

    up €14,628 (+43.0%), from €33,997 to €48,625

Income statement
  • Gross operating margin +€7,296

    up €7,296 (+8.1%), from €89,709 to €97,006

  • Other operating charges +€5,213

    up €5,213 (+37.0%), from €14,101 to €19,314

  • Taxes -€1,891

    down €1,891 (-13.6%), from €13,946 to €12,054

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €9,351
Gross operating margin +€7,296
Depreciation +€692
Other operating charges -€5,213
Financial income -€0
Financial charges +€10
Taxes +€1,891
Result 2025 €14,027

Cash bridge derived

cash 2024 to 2025

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.

From operations +€80,434
Investment €0
Financing -€16,500
Cash 2024 €160,440
Net result for the year +€14,027
Depreciation +€59,131
Smaller working-capital items +€15
Provisions -€7,948
Trade debts +€581
Other debts +€14,628
Contributions, distributions and other -€16,500
Cash 2025 €224,373
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,090,923 €1,095,778 +€4,855 +0.4%
Fixed assets 21/28 €924,030 €864,899 -€59,131 -6.4%
Tangible fixed assets 22/27 €923,954 €864,823 -€59,131 -6.4%
Land and buildings 22 €923,954 €864,823 -€59,131 -6.4%
Financial fixed assets 28 €76 €76 = 0.0%
Current assets 29/58 €166,893 €230,879 +€63,986 +38.3%
Amounts receivable within one year 40/41 €5,252 €5,252 = 0.0%
Other amounts receivable 41 €5,252 €5,252 = 0.0%
Cash at bank and in hand 54/58 €160,440 €224,373 +€63,934 +39.8%
Deferred charges and accrued income 490/1 €1,201 €1,254 +€53 +4.4%
Total equity and liabilities 10/49 €1,090,923 €1,095,778 +€4,855 +0.4%
Equity 10/15 €897,989 €895,516 -€2,473 -0.3%
Contributions 10/11 €124,760 €124,760 = 0.0%
Reserves 13 €690,191 €687,714 -€2,477 -0.4%
Non-distributable reserves 130/1 €12,428 €12,428 = 0.0%
Reserves not available under the articles 1311 €12,428 €12,428 = 0.0%
Tax-exempt reserves 132 €312,342 €297,406 -€14,937 -4.8%
Distributable reserves 133 €365,420 €377,880 +€12,460 +3.4%
Profit (loss) carried forward 14 €83,038 €83,042 +€4 0.0%
Provisions and deferred taxes 16 €137,435 €129,487 -€7,948 -5.8%
Deferred taxes 168 €137,435 €129,487 -€7,948 -5.8%
Amounts payable 17/49 €55,499 €70,775 +€15,276 +27.5%
Amounts payable within one year 42/48 €55,345 €70,621 +€15,276 +27.6%
Trade debts 44 €20,095 €20,676 +€581 +2.9%
Suppliers 440/4 €20,095 €20,676 +€581 +2.9%
Taxes, remuneration and social security 45 €1,253 €1,321 +€68 +5.4%
Taxes 450/3 €1,253 €1,321 +€68 +5.4%
Other amounts payable 47/48 €33,997 €48,625 +€14,628 +43.0%
Accrued charges and deferred income 492/3 €154 €154 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €59,823 €59,131 -€692 -1.2%
Other operating charges 640/8 €14,101 €19,314 +€5,213 +37.0%
Gross operating margin 9900 €89,709 €97,006 +€7,296 +8.1%
Operating profit (loss) 9901 €15,785 €18,561 +€2,776 +17.6%
Financial income 75/76B €0 - -€0
Recurring financial income 75 €0 - -€0
Financial charges 65/66B €437 €427 -€10 -2.2%
Recurring financial charges 65 €437 €427 -€10 -2.2%
Profit (loss) for the period before taxes 9903 €15,348 €18,133 +€2,785 +18.1%
Transfer from deferred taxes 780 €7,948 €7,948 = 0.0%
Income taxes 67/77 €13,946 €12,054 -€1,891 -13.6%
Profit (loss) for the period 9904 €9,351 €14,027 +€4,677 +50.0%
Transfer from tax-exempt reserves 789 €14,937 €14,937 = 0.0%
Profit (loss) for the period to be appropriated 9905 €24,287 €28,964 +€4,677 +19.3%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.