CÔTÉ BOIS: 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.
CÔTÉ BOIS
Largest movements
- Receivables within one year +€67,551
up €67,551 (+67.2%), from €100,496 to €168,047
of which Trade receivables: +€71,869
- Cash -€12,452
down €12,452 (-52.2%), from €23,841 to €11,389
mainly Receivables within one year (-€67,551) and Short-term financial debts (-€33,722)
- Tangible fixed assets +€8,915
up €8,915 (+142%), from €6,295 to €15,210
of which Furniture and vehicles: +€9,086
- Stocks and contracts +€7,581
up €7,581 (+179%), from €4,223 to €11,804
- Profit (loss) carried forward +€66,351
up €66,351, from €0 to €66,351
- Tax, wage and social debts +€34,364
up €34,364 (+1,062%), from €3,236 to €37,600
of which Remuneration and social security: +€19,493
- Short-term financial debts -€33,722
down €33,722 (-100%), from €33,722 to €0
- Current portion of long-term debt +€7,635
up €7,635 (+46.0%), from €16,585 to €24,220
- Trade debts -€4,901
down €4,901 (-19.4%), from €25,265 to €20,364
- Gross operating margin +€136,764
up €136,764 (+293%), from €46,664 to €183,428
- Staff costs +€55,893
up €55,893 (+181%), from €30,962 to €86,854
- Taxes +€22,027
up €22,027 (+893%), from €2,466 to €24,493
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 | €134,856 | €206,450 | +€71,594 | +53.1% |
| Fixed assets | 21/28 | €6,295 | €15,210 | +€8,915 | +142% |
| Tangible fixed assets | 22/27 | €6,295 | €15,210 | +€8,915 | +142% |
| Plant, machinery and equipment | 23 | €1,952 | €1,781 | -€171 | -8.8% |
| Furniture and vehicles | 24 | €4,343 | €13,429 | +€9,086 | +209% |
| Current assets | 29/58 | €128,561 | €191,240 | +€62,679 | +48.8% |
| Stocks and contracts in progress | 3 | €4,223 | €11,804 | +€7,581 | +179% |
| Stocks | 30/36 | €4,223 | €11,804 | +€7,581 | +179% |
| Amounts receivable within one year | 40/41 | €100,496 | €168,047 | +€67,551 | +67.2% |
| Trade receivables | 40 | €75,449 | €147,318 | +€71,869 | +95.3% |
| Other amounts receivable | 41 | €25,047 | €20,729 | -€4,318 | -17.2% |
| Cash at bank and in hand | 54/58 | €23,841 | €11,389 | -€12,452 | -52.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €134,856 | €206,450 | +€71,594 | +53.1% |
| Equity | 10/15 | €29,228 | €95,579 | +€66,351 | +227% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,228 | €24,228 | = | 0.0% |
| Distributable reserves | 133 | €24,228 | €24,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €66,351 | +€66,351 | |
| Amounts payable | 17/49 | €105,628 | €110,871 | +€5,243 | +5.0% |
| Amounts payable after more than one year | 17 | €26,716 | €28,686 | +€1,971 | +7.4% |
| Financial debts | 170/4 | €26,716 | €28,686 | +€1,971 | +7.4% |
| Amounts payable within one year | 42/48 | €78,912 | €82,184 | +€3,272 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €16,585 | €24,220 | +€7,635 | +46.0% |
| Financial debts | 43 | €33,722 | €0 | -€33,722 | -100% |
| Credit institutions | 430/8 | €33,722 | €0 | -€33,722 | -100% |
| Trade debts | 44 | €25,265 | €20,364 | -€4,901 | -19.4% |
| Suppliers | 440/4 | €25,265 | €20,364 | -€4,901 | -19.4% |
| Taxes, remuneration and social security | 45 | €3,236 | €37,600 | +€34,364 | +1,062% |
| Taxes | 450/3 | €3,236 | €18,106 | +€14,871 | +460% |
| Remuneration and social security | 454/9 | €0 | €19,493 | +€19,493 | |
| Other amounts payable | 47/48 | €105 | €0 | -€105 | -100% |
| Remuneration, social security and pensions | 62 | €30,962 | €86,854 | +€55,893 | +181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,926 | €2,581 | -€345 | -11.8% |
| Other operating charges | 640/8 | €0 | €336 | +€336 | |
| Gross operating margin | 9900 | €46,664 | €183,428 | +€136,764 | +293% |
| Operating profit (loss) | 9901 | €12,777 | €93,657 | +€80,880 | +633% |
| Financial income | 75/76B | €0 | €206 | +€206 | |
| Recurring financial income | 75 | €0 | €206 | +€206 | |
| Financial charges | 65/66B | €4,170 | €3,019 | -€1,151 | -27.6% |
| Recurring financial charges | 65 | €4,170 | €3,019 | -€1,151 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €8,607 | €90,843 | +€82,236 | +955% |
| Income taxes | 67/77 | €2,466 | €24,493 | +€22,027 | +893% |
| Profit (loss) for the period | 9904 | €6,141 | €66,351 | +€60,209 | +980% |
| Profit (loss) for the period to be appropriated | 9905 | €6,141 | €66,351 | +€60,209 | +980% |
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 19 October 2026 via checked.be.