COTO & Co: 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.
COTO & Co
Largest movements
- Receivables within one year +€406,928
up €406,928 (+26189.0%), from €1,554 to €408,482
of which Other amounts receivable: +€376,716
- Current investments +€126,000
up €126,000 (+42.6%), from €296,000 to €422,000
- Receivables after one year -€95,400
down €95,400 (-100.0%), from €95,400 to €0
- Deferred charges and accrued income -€71,962
down €71,962 (-99.8%), from €72,110 to €149
- Tangible fixed assets -€46,026
down €46,026 (-14.4%), from €319,343 to €273,317
of which Land and buildings: -€50,448
- Reserves +€326,160
up €326,160 (+85.9%), from €379,874 to €706,033
of which Tax-exempt reserves: +€262,500
- Provisions +€87,500
new in 2025: €87,500
- Current portion of long-term debt -€48,773
down €48,773 (-60.4%), from €80,754 to €31,981
- Debts after one year -€31,981
down €31,981 (-26.3%), from €121,371 to €89,389
- Tax, wage and social debts -€16,601
down €16,601 (-35.9%), from €46,268 to €29,667
of which Remuneration and social security: -€23,931
- Financial income +€358,316
up €358,316 (+8442.0%), from €4,244 to €362,561
of which Non-recurring financial income: +€350,000
- Gross operating margin -€147,736
down €147,736 (-23.4%), from €632,114 to €484,378
- Write-downs -€127,200
down €127,200 (-57.1%), from €222,600 to €95,400
- Staff costs -€9,036
down €9,036 (-4.7%), from €192,481 to €183,445
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.
Cash bridge derived
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 | €859,900 | €1,190,124 | +€330,224 | +38.4% |
| Fixed assets | 21/28 | €319,343 | €273,317 | -€46,026 | -14.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €319,343 | €273,317 | -€46,026 | -14.4% |
| Land and buildings | 22 | €303,593 | €253,145 | -€50,448 | -16.6% |
| Plant, machinery and equipment | 23 | €339 | €0 | -€339 | -100.0% |
| Furniture and vehicles | 24 | €15,412 | €20,172 | +€4,761 | +30.9% |
| Current assets | 29/58 | €540,556 | €916,807 | +€376,250 | +69.6% |
| Amounts receivable after more than one year | 29 | €95,400 | €0 | -€95,400 | -100.0% |
| Other amounts receivable | 291 | €95,400 | €0 | -€95,400 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,554 | €408,482 | +€406,928 | +26189.0% |
| Trade receivables | 40 | - | €30,213 | +€30,213 | |
| Other amounts receivable | 41 | €1,554 | €378,269 | +€376,716 | +24244.6% |
| Current investments | 50/53 | €296,000 | €422,000 | +€126,000 | +42.6% |
| Cash at bank and in hand | 54/58 | €75,492 | €86,176 | +€10,684 | +14.2% |
| Deferred charges and accrued income | 490/1 | €72,110 | €149 | -€71,962 | -99.8% |
| Total equity and liabilities | 10/49 | €859,900 | €1,190,124 | +€330,224 | +38.4% |
| Equity | 10/15 | €607,202 | €933,362 | +€326,160 | +53.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €379,874 | €706,033 | +€326,160 | +85.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €262,500 | +€262,500 | |
| Distributable reserves | 133 | €378,014 | €441,673 | +€63,660 | +16.8% |
| Profit (loss) carried forward | 14 | €208,728 | €208,728 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €87,500 | +€87,500 | |
| Deferred taxes | 168 | - | €87,500 | +€87,500 | |
| Amounts payable | 17/49 | €252,698 | €169,262 | -€83,435 | -33.0% |
| Amounts payable after more than one year | 17 | €121,371 | €89,389 | -€31,981 | -26.3% |
| Financial debts | 170/4 | €121,371 | €89,389 | -€31,981 | -26.3% |
| Amounts payable within one year | 42/48 | €129,803 | €79,873 | -€49,930 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €80,754 | €31,981 | -€48,773 | -60.4% |
| Financial debts | 43 | €725 | €0 | -€725 | -100.0% |
| Credit institutions | 430/8 | €725 | €0 | -€725 | -100.0% |
| Trade debts | 44 | €2,055 | €18,224 | +€16,169 | +786.8% |
| Suppliers | 440/4 | €2,055 | €18,224 | +€16,169 | +786.8% |
| Taxes, remuneration and social security | 45 | €46,268 | €29,667 | -€16,601 | -35.9% |
| Taxes | 450/3 | €11,327 | €18,657 | +€7,330 | +64.7% |
| Remuneration and social security | 454/9 | €34,941 | €11,011 | -€23,931 | -68.5% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €1,524 | €0 | -€1,524 | -100.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €192,481 | €183,445 | -€9,036 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,292 | €58,526 | -€1,765 | -2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €222,600 | €95,400 | -€127,200 | -57.1% |
| Other operating charges | 640/8 | €12,429 | €8,770 | -€3,659 | -29.4% |
| Gross operating margin | 9900 | €632,114 | €484,378 | -€147,736 | -23.4% |
| Operating profit (loss) | 9901 | €144,313 | €138,236 | -€6,076 | -4.2% |
| Financial income | 75/76B | €4,244 | €362,561 | +€358,316 | +8442.0% |
| Recurring financial income | 75 | €4,244 | €12,561 | +€8,316 | +195.9% |
| Non-recurring financial income | 76B | - | €350,000 | +€350,000 | |
| Financial charges | 65/66B | €7,418 | €5,775 | -€1,644 | -22.2% |
| Recurring financial charges | 65 | €7,418 | €5,775 | -€1,644 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €141,139 | €495,023 | +€353,884 | +250.7% |
| Transfer to deferred taxes | 680 | - | €87,500 | +€87,500 | |
| Income taxes | 67/77 | €47,508 | €50,072 | +€2,564 | +5.4% |
| Profit (loss) for the period | 9904 | €93,631 | €357,450 | +€263,819 | +281.8% |
| Transfer to tax-exempt reserves | 689 | - | €262,500 | +€262,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,631 | €94,950 | +€1,319 | +1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.