COTI TRANSPORTS: 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.
COTI TRANSPORTS
Largest movements
- Tangible fixed assets +€22,010
up €22,010 (+185%), from €11,901 to €33,911
- Cash +€19,738
up €19,738 (+3,877%), from €509 to €20,248
mainly Net result for the year (+€48,978) and Trade debts (+€9,430)
- Financial fixed assets +€7,084
new in 2024: €7,084
- Receivables within one year -€6,521
down €6,521 (-5.5%), from €118,153 to €111,632
of which Trade receivables: -€21,289
- Profit (loss) carried forward +€48,978
up €48,978 (+54.2%), from €90,342 to €139,320
- Tax, wage and social debts -€12,098
down €12,098 (-39.3%), from €30,782 to €18,684
- Trade debts +€9,430
up €9,430 (+321%), from €2,940 to €12,370
- Other debts -€4,000
no longer reported in 2024 (was €4,000)
- Gross operating margin +€82,022
up €82,022 (+65.2%), from €125,875 to €207,897
- Staff costs +€80,174
up €80,174 (+560%), from €14,309 to €94,483
- Other operating charges +€41,927
up €41,927 (+223%), from €18,790 to €60,717
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.
Derived cash bridge
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 | €130,563 | €172,874 | +€42,311 | +32.4% |
| Fixed assets | 21/28 | €11,901 | €40,995 | +€29,094 | +244% |
| Tangible fixed assets | 22/27 | €11,901 | €33,911 | +€22,010 | +185% |
| Furniture and vehicles | 24 | €11,901 | €33,911 | +€22,010 | +185% |
| Financial fixed assets | 28 | - | €7,084 | +€7,084 | |
| Current assets | 29/58 | €118,662 | €131,879 | +€13,217 | +11.1% |
| Amounts receivable within one year | 40/41 | €118,153 | €111,632 | -€6,521 | -5.5% |
| Trade receivables | 40 | €117,281 | €95,993 | -€21,289 | -18.2% |
| Other amounts receivable | 41 | €872 | €15,639 | +€14,767 | +1,693% |
| Cash at bank and in hand | 54/58 | €509 | €20,248 | +€19,738 | +3,877% |
| Total equity and liabilities | 10/49 | €130,563 | €172,874 | +€42,311 | +32.4% |
| Equity | 10/15 | €92,842 | €141,820 | +€48,978 | +52.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,342 | €139,320 | +€48,978 | +54.2% |
| Amounts payable | 17/49 | €37,722 | €31,054 | -€6,668 | -17.7% |
| Amounts payable within one year | 42/48 | €37,722 | €31,054 | -€6,668 | -17.7% |
| Trade debts | 44 | €2,940 | €12,370 | +€9,430 | +321% |
| Suppliers | 440/4 | €2,940 | €12,370 | +€9,430 | +321% |
| Taxes, remuneration and social security | 45 | €30,782 | €18,684 | -€12,098 | -39.3% |
| Taxes | 450/3 | €30,782 | €18,684 | -€12,098 | -39.3% |
| Other amounts payable | 47/48 | €4,000 | - | -€4,000 | |
| Remuneration, social security and pensions | 62 | €14,309 | €94,483 | +€80,174 | +560% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,975 | €2,975 | +€0 | 0.0% |
| Other operating charges | 640/8 | €18,790 | €60,717 | +€41,927 | +223% |
| Gross operating margin | 9900 | €125,875 | €207,897 | +€82,022 | +65.2% |
| Operating profit (loss) | 9901 | €89,801 | €49,722 | -€40,079 | -44.6% |
| Financial charges | 65/66B | €704 | €744 | +€40 | +5.7% |
| Recurring financial charges | 65 | €704 | €744 | +€40 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €89,097 | €48,978 | -€40,119 | -45.0% |
| Income taxes | 67/77 | €517 | - | -€517 | |
| Profit (loss) for the period | 9904 | €88,580 | €48,978 | -€39,602 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,580 | €48,978 | -€39,602 | -44.7% |
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 19 October 2026 via checked.be.