Cottenie Filip: what changed
Cottenie Filip
Largest movements
- Cash -€30,185
down €30,185 (-87.4%), from €34,522 to €4,337
mainly Trade debts (-€30,439) and Other debts (-€17,159)
- Receivables after one year -€14,000
down €14,000 (-100%), from €14,000 to €0
- Receivables within one year +€9,428
up €9,428 (+34.2%), from €27,603 to €37,031
of which Other amounts receivable: +€8,698
- Trade debts -€30,439
down €30,439 (-94.0%), from €32,389 to €1,951
- Other debts -€17,159
down €17,159 (-68.8%), from €24,927 to €7,768
- Tax, wage and social debts +€7,733
up €7,733 (+324%), from €2,389 to €10,122
- Reserves +€6,908
up €6,908 (+42.8%), from €16,151 to €23,059
of which Distributable reserves: +€6,908
- Debts after one year -€3,609
down €3,609 (-62.8%), from €5,750 to €2,142
- Gross operating margin +€17,674
up €17,674 (+308%), from €5,734 to €23,409
- Taxes +€3,825
up €3,825 (+160%), from €2,389 to €6,215
- Financial charges +€679
up €679 (+57.0%), from €1,190 to €1,869
- Other operating charges -€582
down €582 (-52.9%), from €1,101 to €519
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,254 | €67,250 | -€35,005 | -34.2% |
| Fixed assets | 21/28 | €25,000 | €25,000 | = | 0.0% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €77,254 | €42,250 | -€35,005 | -45.3% |
| Amounts receivable after more than one year | 29 | €14,000 | €0 | -€14,000 | -100% |
| Other amounts receivable | 291 | €14,000 | €0 | -€14,000 | -100% |
| Amounts receivable within one year | 40/41 | €27,603 | €37,031 | +€9,428 | +34.2% |
| Trade receivables | 40 | €6,300 | €7,030 | +€730 | +11.6% |
| Other amounts receivable | 41 | €21,303 | €30,001 | +€8,698 | +40.8% |
| Cash at bank and in hand | 54/58 | €34,522 | €4,337 | -€30,185 | -87.4% |
| Deferred charges and accrued income | 490/1 | €1,129 | €882 | -€247 | -21.9% |
| Total equity and liabilities | 10/49 | €102,254 | €67,250 | -€35,005 | -34.2% |
| Equity | 10/15 | €33,268 | €41,659 | +€8,391 | +25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,151 | €23,059 | +€6,908 | +42.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,291 | €21,199 | +€6,908 | +48.3% |
| Profit (loss) carried forward | 14 | -€1,483 | €0 | +€1,483 | |
| Amounts payable | 17/49 | €68,986 | €25,591 | -€43,395 | -62.9% |
| Amounts payable after more than one year | 17 | €5,750 | €2,142 | -€3,609 | -62.8% |
| Financial debts | 170/4 | €5,750 | €2,142 | -€3,609 | -62.8% |
| Amounts payable within one year | 42/48 | €63,236 | €23,449 | -€39,787 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €3,530 | €3,609 | +€78 | +2.2% |
| Trade debts | 44 | €32,389 | €1,951 | -€30,439 | -94.0% |
| Suppliers | 440/4 | €32,389 | €1,951 | -€30,439 | -94.0% |
| Taxes, remuneration and social security | 45 | €2,389 | €10,122 | +€7,733 | +324% |
| Taxes | 450/3 | €2,389 | €10,122 | +€7,733 | +324% |
| Other amounts payable | 47/48 | €24,927 | €7,768 | -€17,159 | -68.8% |
| Non-recurring operating income | 76A | - | €11,000 | +€11,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,101 | €519 | -€582 | -52.9% |
| Gross operating margin | 9900 | €5,734 | €23,409 | +€17,674 | +308% |
| Operating profit (loss) | 9901 | €4,633 | €22,889 | +€18,256 | +394% |
| Financial income | 75/76B | €1,036 | €1,001 | -€35 | -3.4% |
| Recurring financial income | 75 | €1,036 | €1,001 | -€35 | -3.4% |
| Financial charges | 65/66B | €1,190 | €1,869 | +€679 | +57.0% |
| Recurring financial charges | 65 | €1,190 | €1,869 | +€679 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €4,479 | €22,021 | +€17,542 | +392% |
| Income taxes | 67/77 | €2,389 | €6,215 | +€3,825 | +160% |
| Profit (loss) for the period | 9904 | €2,089 | €15,806 | +€13,717 | +657% |
| Profit (loss) for the period to be appropriated | 9905 | €2,089 | €15,806 | +€13,717 | +657% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.