COTHYLEDONE: 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.
COTHYLEDONE
Largest movements
- Cash +€32,112
up €32,112 (+26.1%), from €122,967 to €155,079
mainly Other debts (+€180,139) and Net result for the year (+€47,211)
- Receivables within one year +€1,983
up €1,983 (+6.7%), from €29,615 to €31,598
of which Other amounts receivable: +€1,593
- Other debts +€180,139
up €180,139 (+9,556%), from €1,885 to €182,024
- Profit (loss) carried forward -€132,047
no longer reported in 2025 (was €132,047)
- Tax, wage and social debts -€15,688
down €15,688 (-68.5%), from €22,917 to €7,229
- Gross operating margin -€9,337
down €9,337 (-12.8%), from €72,927 to €63,590
- Taxes -€1,856
down €1,856 (-12.2%), from €15,263 to €13,407
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 | €157,767 | €190,508 | +€32,741 | +20.8% |
| Fixed assets | 21/28 | €4,383 | €3,009 | -€1,373 | -31.3% |
| Tangible fixed assets | 22/27 | €4,383 | €3,009 | -€1,373 | -31.3% |
| Furniture and vehicles | 24 | €4,383 | €3,009 | -€1,373 | -31.3% |
| Current assets | 29/58 | €153,385 | €187,499 | +€34,114 | +22.2% |
| Amounts receivable within one year | 40/41 | €29,615 | €31,598 | +€1,983 | +6.7% |
| Trade receivables | 40 | €29,615 | €30,005 | +€390 | +1.3% |
| Other amounts receivable | 41 | - | €1,593 | +€1,593 | |
| Cash at bank and in hand | 54/58 | €122,967 | €155,079 | +€32,112 | +26.1% |
| Deferred charges and accrued income | 490/1 | €803 | €822 | +€19 | +2.3% |
| Total equity and liabilities | 10/49 | €157,767 | €190,508 | +€32,741 | +20.8% |
| Equity | 10/15 | €132,147 | €100 | -€132,047 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,047 | - | -€132,047 | |
| Amounts payable | 17/49 | €25,621 | €190,408 | +€164,787 | +643% |
| Amounts payable within one year | 42/48 | €25,621 | €190,408 | +€164,787 | +643% |
| Trade debts | 44 | €819 | €1,155 | +€336 | +41.1% |
| Suppliers | 440/4 | €819 | €1,155 | +€336 | +41.1% |
| Taxes, remuneration and social security | 45 | €22,917 | €7,229 | -€15,688 | -68.5% |
| Taxes | 450/3 | €22,917 | €7,229 | -€15,688 | -68.5% |
| Other amounts payable | 47/48 | €1,885 | €182,024 | +€180,139 | +9,556% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,373 | €1,373 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €72,927 | €63,590 | -€9,337 | -12.8% |
| Operating profit (loss) | 9901 | €71,553 | €61,817 | -€9,737 | -13.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €1,562 | €1,199 | -€363 | -23.2% |
| Recurring financial charges | 65 | €1,562 | €1,199 | -€363 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €70,000 | €60,618 | -€9,382 | -13.4% |
| Income taxes | 67/77 | €15,263 | €13,407 | -€1,856 | -12.2% |
| Profit (loss) for the period | 9904 | €54,737 | €47,211 | -€7,526 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,737 | €47,211 | -€7,526 | -13.7% |
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.