COTECHNIX: 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.
COTECHNIX
Largest movements
- Receivables within one year +€58,416
up €58,416 (+130.1%), from €44,896 to €103,312
of which Trade receivables: +€35,348
- Cash -€4,582
down €4,582 (-46.8%), from €9,796 to €5,214
mainly Receivables within one year (-€58,416) and Other debts (-€867)
- Profit (loss) carried forward +€25,308
up €25,308 (+105.3%), from €24,033 to €49,341
- Trade debts +€21,897
up €21,897 (+754.6%), from €2,902 to €24,798
- Tax, wage and social debts +€7,264
up €7,264 (+28.6%), from €25,406 to €32,670
- Gross operating margin +€3,908
up €3,908 (+12.4%), from €31,581 to €35,488
- Taxes +€1,762
up €1,762 (+28.2%), from €6,257 to €8,019
- Financial charges +€1,706
up €1,706 (+1071.7%), from €159 to €1,865
- Other operating charges -€919
down €919 (-93.6%), from €982 to €63
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,708 | €109,309 | +€53,601 | +96.2% |
| Formation expenses | 20 | €1,016 | €783 | -€233 | -22.9% |
| Current assets | 29/58 | €54,692 | €108,526 | +€53,835 | +98.4% |
| Amounts receivable within one year | 40/41 | €44,896 | €103,312 | +€58,416 | +130.1% |
| Trade receivables | 40 | €23,081 | €58,429 | +€35,348 | +153.1% |
| Other amounts receivable | 41 | €21,815 | €44,883 | +€23,068 | +105.7% |
| Cash at bank and in hand | 54/58 | €9,796 | €5,214 | -€4,582 | -46.8% |
| Total equity and liabilities | 10/49 | €55,708 | €109,309 | +€53,601 | +96.2% |
| Equity | 10/15 | €26,533 | €51,841 | +€25,308 | +95.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,033 | €49,341 | +€25,308 | +105.3% |
| Amounts payable | 17/49 | €29,175 | €57,468 | +€28,294 | +97.0% |
| Amounts payable within one year | 42/48 | €29,175 | €57,468 | +€28,294 | +97.0% |
| Trade debts | 44 | €2,902 | €24,798 | +€21,897 | +754.6% |
| Suppliers | 440/4 | €2,902 | €24,798 | +€21,897 | +754.6% |
| Taxes, remuneration and social security | 45 | €25,406 | €32,670 | +€7,264 | +28.6% |
| Taxes | 450/3 | €25,406 | €32,670 | +€7,264 | +28.6% |
| Other amounts payable | 47/48 | €867 | €0 | -€867 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150 | €233 | +€83 | +55.8% |
| Other operating charges | 640/8 | €982 | €63 | -€919 | -93.6% |
| Gross operating margin | 9900 | €31,581 | €35,488 | +€3,908 | +12.4% |
| Operating profit (loss) | 9901 | €30,449 | €35,192 | +€4,743 | +15.6% |
| Financial charges | 65/66B | €159 | €1,865 | +€1,706 | +1071.7% |
| Recurring financial charges | 65 | €159 | €1,865 | +€1,706 | +1071.7% |
| Profit (loss) for the period before taxes | 9903 | €30,290 | €33,327 | +€3,037 | +10.0% |
| Income taxes | 67/77 | €6,257 | €8,019 | +€1,762 | +28.2% |
| Profit (loss) for the period | 9904 | €24,033 | €25,308 | +€1,275 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,033 | €25,308 | +€1,275 | +5.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.