Cotsworlds Ecommerce Limited: what changed
Cotsworlds Ecommerce Limited
Largest movements
- Cash -€256,991
down €256,991 (-27.2%), from €943,089 to €686,098
mainly Trade debts (-€1.8m) and Net result for the year (-€642,138)
- Receivables within one year -€221,193
down €221,193 (-100%), from €221,193 to €0
- Other debts +€1.9m
up €1.9m (+35.7%), from €5.2m to €7.1m
- Trade debts -€1.8m
down €1.8m (-98.9%), from €1.8m to €19,168
- Profit (loss) carried forward -€642,138
down €642,138 (-10.5%), from -€6.1m to -€6.8m
- Accrued charges and deferred income +€130,881
up €130,881 (+72.8%), from €179,815 to €310,696
- Tax, wage and social debts -€31,378
down €31,378 (-100%), from €31,378 to €0
of which Taxes: -€29,816
- Gross operating margin +€5.4m
up €5.4m (+90.5%), from -€5.9m to -€564,419
- Other operating charges +€118,714
up €118,714 (+2,349%), from €5,054 to €123,768
- Financial charges -€91,333
down €91,333 (-94.7%), from €96,449 to €5,116
- Financial income +€84,536
up €84,536 (+352%), from €24,009 to €108,545
- Staff costs -€75,536
down €75,536 (-57.3%), from €131,803 to €56,266
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,168,171 | €688,874 | -€479,297 | -41.0% |
| Fixed assets | 21/28 | €3,888 | €2,776 | -€1,112 | -28.6% |
| Tangible fixed assets | 22/27 | €2,688 | €1,576 | -€1,112 | -41.4% |
| Furniture and vehicles | 24 | €2,688 | €1,576 | -€1,112 | -41.4% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €1,164,283 | €686,098 | -€478,184 | -41.1% |
| Amounts receivable within one year | 40/41 | €221,193 | €0 | -€221,193 | -100% |
| Other amounts receivable | 41 | €221,193 | €0 | -€221,193 | -100% |
| Cash at bank and in hand | 54/58 | €943,089 | €686,098 | -€256,991 | -27.2% |
| Total equity and liabilities | 10/49 | €1,168,171 | €688,874 | -€479,297 | -41.0% |
| Equity | 10/15 | -€6,082,135 | -€6,724,273 | -€642,138 | -10.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,144,135 | -€6,786,273 | -€642,138 | -10.5% |
| Amounts payable | 17/49 | €7,250,306 | €7,413,147 | +€162,841 | +2.2% |
| Amounts payable within one year | 42/48 | €7,070,491 | €7,102,451 | +€31,960 | +0.5% |
| Trade debts | 44 | €1,818,352 | €19,168 | -€1.8m | -98.9% |
| Suppliers | 440/4 | €1,818,352 | €19,168 | -€1.8m | -98.9% |
| Taxes, remuneration and social security | 45 | €31,378 | €0 | -€31,378 | -100% |
| Taxes | 450/3 | €29,816 | €0 | -€29,816 | -100% |
| Remuneration and social security | 454/9 | €1,563 | €0 | -€1,563 | -100% |
| Other amounts payable | 47/48 | €5,220,760 | €7,083,283 | +€1.9m | +35.7% |
| Accrued charges and deferred income | 492/3 | €179,815 | €310,696 | +€130,881 | +72.8% |
| Remuneration, social security and pensions | 62 | €131,803 | €56,266 | -€75,536 | -57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649 | €1,112 | +€464 | +71.4% |
| Other operating charges | 640/8 | €5,054 | €123,768 | +€118,714 | +2,349% |
| Non-recurring operating charges | 66A | €509 | €0 | -€509 | -100% |
| Gross operating margin | 9900 | -€5,933,680 | -€564,419 | +€5.4m | +90.5% |
| Operating profit (loss) | 9901 | -€6,071,695 | -€745,566 | +€5.3m | +87.7% |
| Financial income | 75/76B | €24,009 | €108,545 | +€84,536 | +352% |
| Recurring financial income | 75 | €24,009 | €108,545 | +€84,536 | +352% |
| Financial charges | 65/66B | €96,449 | €5,116 | -€91,333 | -94.7% |
| Recurring financial charges | 65 | €96,449 | €5,116 | -€91,333 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,144,135 | -€642,138 | +€5.5m | +89.5% |
| Profit (loss) for the period | 9904 | -€6,144,135 | -€642,138 | +€5.5m | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,144,135 | -€642,138 | +€5.5m | +89.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.