COTA PARTNERS: 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.
COTA PARTNERS
Largest movements
- Tangible fixed assets +€321,244
up €321,244 (+1,413%), from €22,731 to €343,975
of which Land and buildings: +€285,852
- Cash -€35,644
down €35,644 (-72.6%), from €49,119 to €13,475
mainly Investment in fixed assets (net) (-€353,966) and Tax, wage and social debts (-€31,171)
- Stocks and contracts +€30,885
up €30,885 (+16.4%), from €188,704 to €219,589
- Receivables within one year +€23,092
up €23,092 (+113%), from €20,419 to €43,511
of which Trade receivables: +€21,686
- Debts after one year +€234,739
new in 2025: €234,739
- Trade debts +€58,389
up €58,389 (+2,033%), from €2,872 to €61,261
- Short-term financial debts +€31,263
new in 2025: €31,263
- Tax, wage and social debts -€31,171
down €31,171 (-41.4%), from €75,292 to €44,121
of which Taxes: -€42,439
- Profit (loss) carried forward +€22,060
up €22,060 (+12.6%), from €175,670 to €197,731
- Gross operating margin +€24,034
up €24,034 (+20.9%), from €114,878 to €138,912
- Financial charges +€18,820
up €18,820 (+1,381%), from €1,363 to €20,183
- Staff costs +€13,426
up €13,426 (+78.5%), from €17,097 to €30,523
- Other operating charges +€12,481
up €12,481 (+549%), from €2,274 to €14,755
- Depreciation +€7,119
up €7,119 (+27.5%), from €25,891 to €33,010
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 | €282,261 | €625,275 | +€343,014 | +122% |
| Fixed assets | 21/28 | €24,019 | €344,975 | +€320,956 | +1,336% |
| Intangible fixed assets | 21 | €288 | - | -€288 | |
| Tangible fixed assets | 22/27 | €22,731 | €343,975 | +€321,244 | +1,413% |
| Land and buildings | 22 | - | €285,852 | +€285,852 | |
| Plant, machinery and equipment | 23 | €6,468 | €5,088 | -€1,380 | -21.3% |
| Furniture and vehicles | 24 | €16,263 | €17,354 | +€1,092 | +6.7% |
| Leasing and similar rights | 25 | - | €35,681 | +€35,681 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €258,242 | €280,301 | +€22,058 | +8.5% |
| Stocks and contracts in progress | 3 | €188,704 | €219,589 | +€30,885 | +16.4% |
| Stocks | 30/36 | €188,704 | €219,589 | +€30,885 | +16.4% |
| Amounts receivable within one year | 40/41 | €20,419 | €43,511 | +€23,092 | +113% |
| Trade receivables | 40 | €17,518 | €39,204 | +€21,686 | +124% |
| Other amounts receivable | 41 | €2,902 | €4,308 | +€1,406 | +48.5% |
| Current investments | 50/53 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €49,119 | €13,475 | -€35,644 | -72.6% |
| Deferred charges and accrued income | 490/1 | - | €3,723 | +€3,723 | |
| Total equity and liabilities | 10/49 | €282,261 | €625,275 | +€343,014 | +122% |
| Equity | 10/15 | €196,130 | €218,191 | +€22,060 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,670 | €197,731 | +€22,060 | +12.6% |
| Amounts payable | 17/49 | €86,131 | €407,085 | +€320,954 | +373% |
| Amounts payable after more than one year | 17 | - | €234,739 | +€234,739 | |
| Financial debts | 170/4 | - | €234,739 | +€234,739 | |
| Amounts payable within one year | 42/48 | €86,131 | €172,346 | +€86,215 | +100% |
| Current portion of amounts payable after more than one year | 42 | €3,030 | €18,851 | +€15,821 | +522% |
| Financial debts | 43 | - | €31,263 | +€31,263 | |
| Credit institutions | 430/8 | - | €31,263 | +€31,263 | |
| Trade debts | 44 | €2,872 | €61,261 | +€58,389 | +2,033% |
| Suppliers | 440/4 | €2,872 | €61,261 | +€58,389 | +2,033% |
| Taxes, remuneration and social security | 45 | €75,292 | €44,121 | -€31,171 | -41.4% |
| Taxes | 450/3 | €68,682 | €26,243 | -€42,439 | -61.8% |
| Remuneration and social security | 454/9 | €6,610 | €17,877 | +€11,268 | +170% |
| Other amounts payable | 47/48 | €4,936 | €16,851 | +€11,915 | +241% |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Remuneration, social security and pensions | 62 | €17,097 | €30,523 | +€13,426 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,891 | €33,010 | +€7,119 | +27.5% |
| Other operating charges | 640/8 | €2,274 | €14,755 | +€12,481 | +549% |
| Gross operating margin | 9900 | €114,878 | €138,912 | +€24,034 | +20.9% |
| Operating profit (loss) | 9901 | €69,615 | €60,624 | -€8,992 | -12.9% |
| Financial income | 75/76B | €3,440 | €2 | -€3,438 | -99.9% |
| Recurring financial income | 75 | €3,440 | €2 | -€3,438 | -99.9% |
| Non-recurring financial income | 76B | €3,440 | - | -€3,440 | |
| Financial charges | 65/66B | €1,363 | €20,183 | +€18,820 | +1,381% |
| Recurring financial charges | 65 | €1,363 | €20,183 | +€18,820 | +1,381% |
| Profit (loss) for the period before taxes | 9903 | €71,692 | €40,443 | -€31,249 | -43.6% |
| Income taxes | 67/77 | €22,179 | €18,383 | -€3,796 | -17.1% |
| Profit (loss) for the period | 9904 | €49,513 | €22,060 | -€27,453 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,513 | €22,060 | -€27,453 | -55.4% |
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 27 October 2026 via checked.be.