COTTIGNIES ELYNE: 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.
COTTIGNIES ELYNE
Largest movements
- Deferred charges and accrued income +€20,067
up €20,067 (+53.1%), from €37,785 to €57,851
- Current investments +€19,570
up €19,570 (+16.2%), from €120,670 to €140,240
- Cash -€14,909
down €14,909 (-54.7%), from €27,258 to €12,349
mainly Deferred charges and accrued income (-€20,067) and Current investments (-€19,570)
- Tangible fixed assets -€9,319
down €9,319 (-31.1%), from €29,970 to €20,651
of which Furniture and vehicles: -€6,376
- Reserves +€29,005
up €29,005 (+19.7%), from €147,075 to €176,080
of which Distributable reserves: +€29,005
- Tax, wage and social debts -€8,328
down €8,328 (-51.3%), from €16,240 to €7,912
- Other debts -€6,457
down €6,457 (-19.9%), from €32,423 to €25,967
- Financial charges +€15,280
up €15,280 (+42.8%), from €35,729 to €51,010
- Gross operating margin +€7,922
up €7,922 (+8.7%), from €91,229 to €99,151
- Depreciation -€2,600
down €2,600 (-21.8%), from €11,919 to €9,319
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.
Derived cash bridge
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 | €217,192 | €232,407 | +€15,215 | +7.0% |
| Fixed assets | 21/28 | €29,970 | €20,651 | -€9,319 | -31.1% |
| Tangible fixed assets | 22/27 | €29,970 | €20,651 | -€9,319 | -31.1% |
| Furniture and vehicles | 24 | €18,358 | €11,981 | -€6,376 | -34.7% |
| Other tangible fixed assets | 26 | €11,612 | €8,669 | -€2,943 | -25.3% |
| Current assets | 29/58 | €187,222 | €211,757 | +€24,534 | +13.1% |
| Amounts receivable within one year | 40/41 | €1,510 | €1,317 | -€193 | -12.8% |
| Trade receivables | 40 | - | €552 | +€552 | |
| Other amounts receivable | 41 | €1,510 | €765 | -€745 | -49.3% |
| Current investments | 50/53 | €120,670 | €140,240 | +€19,570 | +16.2% |
| Cash at bank and in hand | 54/58 | €27,258 | €12,349 | -€14,909 | -54.7% |
| Deferred charges and accrued income | 490/1 | €37,785 | €57,851 | +€20,067 | +53.1% |
| Total equity and liabilities | 10/49 | €217,192 | €232,407 | +€15,215 | +7.0% |
| Equity | 10/15 | €165,675 | €194,680 | +€29,005 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €147,075 | €176,080 | +€29,005 | +19.7% |
| 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 | €145,215 | €174,220 | +€29,005 | +20.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,517 | €37,727 | -€13,790 | -26.8% |
| Amounts payable within one year | 42/48 | €50,921 | €37,192 | -€13,728 | -27.0% |
| Trade debts | 44 | €2,257 | €3,314 | +€1,057 | +46.8% |
| Suppliers | 440/4 | €2,257 | €3,314 | +€1,057 | +46.8% |
| Taxes, remuneration and social security | 45 | €16,240 | €7,912 | -€8,328 | -51.3% |
| Taxes | 450/3 | €16,240 | €7,912 | -€8,328 | -51.3% |
| Other amounts payable | 47/48 | €32,423 | €25,967 | -€6,457 | -19.9% |
| Accrued charges and deferred income | 492/3 | €596 | €534 | -€62 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,919 | €9,319 | -€2,600 | -21.8% |
| Other operating charges | 640/8 | €677 | €1,101 | +€424 | +62.6% |
| Non-recurring operating charges | 66A | €1,104 | €0 | -€1,104 | -100% |
| Gross operating margin | 9900 | €91,229 | €99,151 | +€7,922 | +8.7% |
| Operating profit (loss) | 9901 | €77,529 | €88,731 | +€11,202 | +14.4% |
| Financial income | 75/76B | €1,314 | €2,152 | +€838 | +63.7% |
| Recurring financial income | 75 | €1,314 | €2,152 | +€838 | +63.7% |
| Financial charges | 65/66B | €35,729 | €51,010 | +€15,280 | +42.8% |
| Recurring financial charges | 65 | €35,729 | €51,010 | +€15,280 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €43,114 | €39,873 | -€3,241 | -7.5% |
| Income taxes | 67/77 | €10,706 | €10,868 | +€161 | +1.5% |
| Profit (loss) for the period | 9904 | €32,408 | €29,005 | -€3,402 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,408 | €29,005 | -€3,402 | -10.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.