COTOMA: 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.
COTOMA
Largest movements
- Tangible fixed assets +€70,649
up €70,649 (+15.1%), from €468,839 to €539,489
of which Furniture and vehicles: +€54,386
- Receivables within one year -€50,363
down €50,363 (-37.3%), from €135,026 to €84,663
of which Other amounts receivable: -€54,988
- Cash +€9,804
up €9,804 (+180%), from €5,438 to €15,242
mainly Net result for the year (+€58,948) and Receivables within one year (+€50,363)
- Reserves +€58,948
up €58,948 (+15.2%), from €386,935 to €445,883
of which Distributable reserves: +€60,351
- Debts after one year -€24,331
down €24,331 (-20.1%), from €120,921 to €96,590
- Tax, wage and social debts -€12,601
down €12,601 (-57.9%), from €21,779 to €9,179
- Trade debts +€7,760
up €7,760 (+47.0%), from €16,505 to €24,265
- Depreciation +€19,539
up €19,539 (+88.5%), from €22,066 to €41,605
- Gross operating margin +€11,888
up €11,888 (+9.2%), from €129,514 to €141,402
- Other operating charges +€3,094
up €3,094 (+121%), from €2,558 to €5,652
- Taxes -€2,625
down €2,625 (-7.4%), from €35,516 to €32,891
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 | €619,971 | €649,101 | +€29,129 | +4.7% |
| Fixed assets | 21/28 | €470,420 | €540,645 | +€70,224 | +14.9% |
| Tangible fixed assets | 22/27 | €468,839 | €539,489 | +€70,649 | +15.1% |
| Land and buildings | 22 | €464,918 | €481,182 | +€16,264 | +3.5% |
| Furniture and vehicles | 24 | €3,921 | €58,307 | +€54,386 | +1,387% |
| Financial fixed assets | 28 | €1,581 | €1,156 | -€425 | -26.9% |
| Current assets | 29/58 | €149,551 | €108,456 | -€41,095 | -27.5% |
| Stocks and contracts in progress | 3 | €2,479 | €0 | -€2,479 | -100% |
| Stocks | 30/36 | €2,479 | €0 | -€2,479 | -100% |
| Amounts receivable within one year | 40/41 | €135,026 | €84,663 | -€50,363 | -37.3% |
| Trade receivables | 40 | €17,800 | €22,425 | +€4,625 | +26.0% |
| Other amounts receivable | 41 | €117,226 | €62,238 | -€54,988 | -46.9% |
| Current investments | 50/53 | €6,048 | €6,048 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,438 | €15,242 | +€9,804 | +180% |
| Deferred charges and accrued income | 490/1 | €559 | €2,502 | +€1,944 | +348% |
| Total equity and liabilities | 10/49 | €619,971 | €649,101 | +€29,129 | +4.7% |
| Equity | 10/15 | €417,935 | €476,883 | +€58,948 | +14.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €386,935 | €445,883 | +€58,948 | +15.2% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,378 | €14,975 | -€1,403 | -8.6% |
| Distributable reserves | 133 | €367,457 | €427,808 | +€60,351 | +16.4% |
| Provisions and deferred taxes | 16 | €8,433 | €7,711 | -€722 | -8.6% |
| Deferred taxes | 168 | €8,433 | €7,711 | -€722 | -8.6% |
| Amounts payable | 17/49 | €193,603 | €164,507 | -€29,096 | -15.0% |
| Amounts payable after more than one year | 17 | €120,921 | €96,590 | -€24,331 | -20.1% |
| Financial debts | 170/4 | €120,921 | €96,590 | -€24,331 | -20.1% |
| Amounts payable within one year | 42/48 | €72,681 | €67,917 | -€4,765 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €24,234 | €24,331 | +€97 | +0.4% |
| Financial debts | 43 | €10,163 | €10,142 | -€21 | -0.2% |
| Credit institutions | 430/8 | €10,163 | €10,142 | -€21 | -0.2% |
| Trade debts | 44 | €16,505 | €24,265 | +€7,760 | +47.0% |
| Suppliers | 440/4 | €16,505 | €24,265 | +€7,760 | +47.0% |
| Taxes, remuneration and social security | 45 | €21,779 | €9,179 | -€12,601 | -57.9% |
| Taxes | 450/3 | €21,779 | €9,179 | -€12,601 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,066 | €41,605 | +€19,539 | +88.5% |
| Other operating charges | 640/8 | €2,558 | €5,652 | +€3,094 | +121% |
| Gross operating margin | 9900 | €129,514 | €141,402 | +€11,888 | +9.2% |
| Operating profit (loss) | 9901 | €104,890 | €94,145 | -€10,745 | -10.2% |
| Financial income | 75/76B | €1,278 | €0 | -€1,278 | -100% |
| Recurring financial income | 75 | €1,278 | €0 | -€1,278 | -100% |
| Financial charges | 65/66B | €3,524 | €3,028 | -€496 | -14.1% |
| Recurring financial charges | 65 | €3,524 | €3,028 | -€496 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €102,644 | €91,117 | -€11,527 | -11.2% |
| Transfer from deferred taxes | 780 | €722 | €722 | = | 0.0% |
| Income taxes | 67/77 | €35,516 | €32,891 | -€2,625 | -7.4% |
| Profit (loss) for the period | 9904 | €67,850 | €58,948 | -€8,902 | -13.1% |
| Transfer from tax-exempt reserves | 789 | €1,403 | €1,403 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,253 | €60,351 | -€8,902 | -12.9% |
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 15 October 2026 via checked.be.