Cozéop: 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.
Cozéop
Largest movements
- Receivables within one year -€6,124
down €6,124 (-52.1%), from €11,749 to €5,626
of which Trade receivables: -€5,711
- Cash +€2,951
up €2,951 (+26.2%), from €11,248 to €14,199
mainly Depreciation (+€9,200) and Receivables within one year (+€6,124)
- Tangible fixed assets -€2,333
down €2,333 (-2.5%), from €93,729 to €91,396
of which Plant, machinery and equipment: -€1,635
- Trade debts -€4,777
down €4,777 (-91.4%), from €5,228 to €451
- Profit (loss) carried forward -€2,988
down €2,988 (-12.9%), from -€23,077 to -€26,065
- Gross operating margin +€2,169
up €2,169 (+45.2%), from €4,804 to €6,974
- Other operating charges +€292
up €292 (+75.5%), from €387 to €680
- Depreciation +€151
up €151 (+1.7%), from €9,049 to €9,200
- Financial charges +€100
up €100 (+166.6%), from €60 to €160
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 | €121,477 | €114,776 | -€6,701 | -5.5% |
| Formation expenses | 20 | €4,625 | €3,429 | -€1,196 | -25.9% |
| Fixed assets | 21/28 | €93,854 | €91,521 | -€2,333 | -2.5% |
| Tangible fixed assets | 22/27 | €93,729 | €91,396 | -€2,333 | -2.5% |
| Plant, machinery and equipment | 23 | €89,861 | €88,225 | -€1,635 | -1.8% |
| Furniture and vehicles | 24 | €3,868 | €3,171 | -€697 | -18.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €22,998 | €19,825 | -€3,172 | -13.8% |
| Amounts receivable within one year | 40/41 | €11,749 | €5,626 | -€6,124 | -52.1% |
| Trade receivables | 40 | €10,291 | €4,581 | -€5,711 | -55.5% |
| Other amounts receivable | 41 | €1,458 | €1,045 | -€413 | -28.3% |
| Cash at bank and in hand | 54/58 | €11,248 | €14,199 | +€2,951 | +26.2% |
| Total equity and liabilities | 10/49 | €121,477 | €114,776 | -€6,701 | -5.5% |
| Equity | 10/15 | €113,823 | €110,835 | -€2,988 | -2.6% |
| Contributions | 10/11 | €136,900 | €136,900 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Contributions outside capital | 11 | €56,900 | €56,900 | = | 0.0% |
| Share premium | 1100/10 | €56,900 | €56,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,077 | -€26,065 | -€2,988 | -12.9% |
| Amounts payable | 17/49 | €7,654 | €3,941 | -€3,712 | -48.5% |
| Amounts payable within one year | 42/48 | €7,654 | €3,941 | -€3,712 | -48.5% |
| Trade debts | 44 | €5,228 | €451 | -€4,777 | -91.4% |
| Suppliers | 440/4 | €5,228 | €451 | -€4,777 | -91.4% |
| Other amounts payable | 47/48 | €2,426 | €3,490 | +€1,064 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,049 | €9,200 | +€151 | +1.7% |
| Other operating charges | 640/8 | €387 | €680 | +€292 | +75.5% |
| Gross operating margin | 9900 | €4,804 | €6,974 | +€2,169 | +45.2% |
| Operating profit (loss) | 9901 | -€4,632 | -€2,906 | +€1,726 | +37.3% |
| Financial income | 75/76B | €75 | €111 | +€36 | +47.9% |
| Recurring financial income | 75 | €75 | €111 | +€36 | +47.9% |
| Financial charges | 65/66B | €60 | €160 | +€100 | +166.6% |
| Recurring financial charges | 65 | €60 | €160 | +€100 | +166.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,617 | -€2,955 | +€1,662 | +36.0% |
| Income taxes | 67/77 | €17 | €33 | +€17 | +100.8% |
| Profit (loss) for the period | 9904 | -€4,633 | -€2,988 | +€1,645 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,633 | -€2,988 | +€1,645 | +35.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.