Cotmeh: what changed
Two fiscal 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.
Cotmeh
Largest movements
- Cash +€31,418
up €31,418 (+484.8%), from €6,481 to €37,899
mainly Net result for the year (+€28,615) and Tax, wage and social debts (+€9,325)
- Receivables within one year +€4,081
up €4,081 (+994.3%), from €411 to €4,492
of which Trade receivables: +€3,869
- Deferred charges and accrued income -€2,064
down €2,064 (-100.0%), from €2,064 to €0
- Tangible fixed assets -€799
down €799 (-26.1%), from €3,064 to €2,265
of which Plant, machinery and equipment: -€591
- Profit (loss) carried forward +€27,756
up €27,756 (+97.5%), from -€28,468 to -€712
- Tax, wage and social debts +€9,325
up €9,325 (+99.2%), from €9,404 to €18,730
of which Taxes: +€7,574
- Trade debts -€6,020
down €6,020 (-36.2%), from €16,629 to €10,609
- Advances received +€4,076
new in 2024: €4,076
- Other debts -€2,407
down €2,407 (-15.5%), from €15,530 to €13,124
- Gross operating margin +€77,077
up €77,077 (+178.7%), from €43,139 to €120,216
- Staff costs +€18,107
up €18,107 (+28.0%), from €64,656 to €82,763
- Depreciation -€1,643
down €1,643 (-67.3%), from €2,442 to €799
- Taxes +€1,511
new in 2024: €1,511
- Financial charges +€1,207
up €1,207 (+69.6%), from €1,735 to €2,943
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 | €15,596 | €48,382 | +€32,786 | +210.2% |
| Fixed assets | 21/28 | €3,064 | €2,265 | -€799 | -26.1% |
| Tangible fixed assets | 22/27 | €3,064 | €2,265 | -€799 | -26.1% |
| Plant, machinery and equipment | 23 | €2,273 | €1,681 | -€591 | -26.0% |
| Furniture and vehicles | 24 | €791 | €584 | -€208 | -26.3% |
| Current assets | 29/58 | €12,532 | €46,117 | +€33,585 | +268.0% |
| Stocks and contracts in progress | 3 | €3,576 | €3,725 | +€149 | +4.2% |
| Stocks | 30/36 | €3,576 | €3,725 | +€149 | +4.2% |
| Amounts receivable within one year | 40/41 | €411 | €4,492 | +€4,081 | +994.3% |
| Trade receivables | 40 | €411 | €4,280 | +€3,869 | +942.6% |
| Other amounts receivable | 41 | - | €212 | +€212 | |
| Cash at bank and in hand | 54/58 | €6,481 | €37,899 | +€31,418 | +484.8% |
| Deferred charges and accrued income | 490/1 | €2,064 | €0 | -€2,064 | -100.0% |
| Total equity and liabilities | 10/49 | €15,596 | €48,382 | +€32,786 | +210.2% |
| Equity | 10/15 | -€25,968 | €1,788 | +€27,756 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,468 | -€712 | +€27,756 | +97.5% |
| Amounts payable | 17/49 | €41,564 | €46,594 | +€5,030 | +12.1% |
| Amounts payable within one year | 42/48 | €41,564 | €46,594 | +€5,030 | +12.1% |
| Financial debts | 43 | - | €55 | +€55 | |
| Credit institutions | 430/8 | - | €55 | +€55 | |
| Trade debts | 44 | €16,629 | €10,609 | -€6,020 | -36.2% |
| Suppliers | 440/4 | €16,629 | €10,609 | -€6,020 | -36.2% |
| Advances received on contracts in progress | 46 | - | €4,076 | +€4,076 | |
| Taxes, remuneration and social security | 45 | €9,404 | €18,730 | +€9,325 | +99.2% |
| Taxes | 450/3 | €1,631 | €9,206 | +€7,574 | +464.4% |
| Remuneration and social security | 454/9 | €7,773 | €9,524 | +€1,751 | +22.5% |
| Other amounts payable | 47/48 | €15,530 | €13,124 | -€2,407 | -15.5% |
| Remuneration, social security and pensions | 62 | €64,656 | €82,763 | +€18,107 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,442 | €799 | -€1,643 | -67.3% |
| Other operating charges | 640/8 | €2,773 | €3,602 | +€829 | +29.9% |
| Gross operating margin | 9900 | €43,139 | €120,216 | +€77,077 | +178.7% |
| Operating profit (loss) | 9901 | -€26,733 | €33,052 | +€59,785 | |
| Financial income | 75/76B | €1 | €16 | +€16 | +2060.5% |
| Recurring financial income | 75 | €1 | €16 | +€16 | +2060.5% |
| Financial charges | 65/66B | €1,735 | €2,943 | +€1,207 | +69.6% |
| Recurring financial charges | 65 | €1,735 | €2,943 | +€1,207 | +69.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,468 | €30,126 | +€58,593 | |
| Income taxes | 67/77 | - | €1,511 | +€1,511 | |
| Profit (loss) for the period | 9904 | -€28,468 | €28,615 | +€57,082 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,468 | €28,615 | +€57,082 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.