COTOM: 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.
COTOM
Largest movements
- Cash +€11,798
up €11,798 (+107.2%), from €11,008 to €22,805
mainly Depreciation (+€8,360) and Receivables within one year (+€4,266)
- Tangible fixed assets -€6,740
down €6,740 (-48.9%), from €13,782 to €7,042
of which Leasing and similar rights: -€7,718
- Receivables within one year -€4,266
down €4,266 (-50.8%), from €8,404 to €4,138
of which Trade receivables: -€5,250
- Profit (loss) carried forward +€3,655
up €3,655 (+32.6%), from -€11,207 to -€7,552
- Debts after one year -€3,594
down €3,594 (-38.3%), from €9,383 to €5,788
- Other debts +€2,398
up €2,398 (+24.4%), from €9,841 to €12,239
- Current portion of long-term debt -€2,242
down €2,242 (-41.1%), from €5,461 to €3,219
- Trade debts +€1,564
up €1,564 (+58.7%), from €2,665 to €4,229
- Gross operating margin +€12,904
up €12,904 (+844.8%), from €1,527 to €14,432
- Taxes +€710
up €710 (+232.6%), from €305 to €1,015
- Financial charges -€178
down €178 (-22.8%), from €780 to €602
- Other operating charges +€168
up €168 (+26.6%), from €632 to €799
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 | €38,480 | €39,443 | +€963 | +2.5% |
| Fixed assets | 21/28 | €13,782 | €7,042 | -€6,740 | -48.9% |
| Tangible fixed assets | 22/27 | €13,782 | €7,042 | -€6,740 | -48.9% |
| Plant, machinery and equipment | 23 | €1,857 | €2,834 | +€977 | +52.6% |
| Leasing and similar rights | 25 | €11,925 | €4,208 | -€7,718 | -64.7% |
| Current assets | 29/58 | €24,698 | €32,402 | +€7,703 | +31.2% |
| Amounts receivable within one year | 40/41 | €8,404 | €4,138 | -€4,266 | -50.8% |
| Trade receivables | 40 | €7,999 | €2,749 | -€5,250 | -65.6% |
| Other amounts receivable | 41 | €405 | €1,390 | +€984 | +243.0% |
| Current investments | 50/53 | €3,600 | €3,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,008 | €22,805 | +€11,798 | +107.2% |
| Deferred charges and accrued income | 490/1 | €1,687 | €1,858 | +€171 | +10.2% |
| Total equity and liabilities | 10/49 | €38,480 | €39,443 | +€963 | +2.5% |
| Equity | 10/15 | €9,253 | €12,908 | +€3,655 | +39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,207 | -€7,552 | +€3,655 | +32.6% |
| Amounts payable | 17/49 | €29,228 | €26,535 | -€2,693 | -9.2% |
| Amounts payable after more than one year | 17 | €9,383 | €5,788 | -€3,594 | -38.3% |
| Financial debts | 170/4 | €9,383 | €5,788 | -€3,594 | -38.3% |
| Amounts payable within one year | 42/48 | €19,845 | €20,747 | +€902 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €5,461 | €3,219 | -€2,242 | -41.1% |
| Trade debts | 44 | €2,665 | €4,229 | +€1,564 | +58.7% |
| Suppliers | 440/4 | €2,665 | €4,229 | +€1,564 | +58.7% |
| Taxes, remuneration and social security | 45 | €1,878 | €1,060 | -€819 | -43.6% |
| Taxes | 450/3 | €473 | €1,060 | +€586 | +124.0% |
| Remuneration and social security | 454/9 | €1,405 | - | -€1,405 | |
| Other amounts payable | 47/48 | €9,841 | €12,239 | +€2,398 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,308 | €8,360 | +€53 | +0.6% |
| Other operating charges | 640/8 | €632 | €799 | +€168 | +26.6% |
| Gross operating margin | 9900 | €1,527 | €14,432 | +€12,904 | +844.8% |
| Operating profit (loss) | 9901 | -€7,412 | €5,272 | +€12,684 | |
| Financial charges | 65/66B | €780 | €602 | -€178 | -22.8% |
| Recurring financial charges | 65 | €780 | €602 | -€178 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,191 | €4,670 | +€12,861 | |
| Income taxes | 67/77 | €305 | €1,015 | +€710 | +232.6% |
| Profit (loss) for the period | 9904 | -€8,496 | €3,655 | +€12,152 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,496 | €3,655 | +€12,152 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.