COZI: 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.
COZI
Largest movements
- Receivables within one year -€36,026
down €36,026 (-17.9%), from €200,986 to €164,960
of which Trade receivables: -€37,239
- Cash -€23,581
down €23,581 (-19.5%), from €120,951 to €97,369
mainly Trade debts (-€59,589) and Tax, wage and social debts (-€5,111)
- Deferred charges and accrued income -€4,157
down €4,157 (-42.7%), from €9,741 to €5,584
- Trade debts -€59,589
down €59,589 (-22.8%), from €260,905 to €201,316
- Tax, wage and social debts -€5,111
down €5,111 (-24.1%), from €21,208 to €16,097
of which Taxes: -€9,938
- Staff costs +€51,042
up €51,042 (+18.4%), from €277,843 to €328,885
- Gross operating margin +€25,160
up €25,160 (+7.7%), from €327,411 to €352,571
- Taxes -€8,478
down €8,478 (-74.1%), from €11,435 to €2,957
- Other operating charges +€7,509
up €7,509 (+77.5%), from €9,688 to €17,197
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 | €338,528 | €274,536 | -€63,992 | -18.9% |
| Fixed assets | 21/28 | €6,850 | €6,622 | -€228 | -3.3% |
| Tangible fixed assets | 22/27 | €6,850 | €6,622 | -€228 | -3.3% |
| Plant, machinery and equipment | 23 | €1,054 | €757 | -€296 | -28.1% |
| Furniture and vehicles | 24 | €5,797 | €5,865 | +€68 | +1.2% |
| Current assets | 29/58 | €331,678 | €267,913 | -€63,764 | -19.2% |
| Amounts receivable within one year | 40/41 | €200,986 | €164,960 | -€36,026 | -17.9% |
| Trade receivables | 40 | €200,986 | €163,748 | -€37,239 | -18.5% |
| Other amounts receivable | 41 | - | €1,212 | +€1,212 | |
| Cash at bank and in hand | 54/58 | €120,951 | €97,369 | -€23,581 | -19.5% |
| Deferred charges and accrued income | 490/1 | €9,741 | €5,584 | -€4,157 | -42.7% |
| Total equity and liabilities | 10/49 | €338,528 | €274,536 | -€63,992 | -18.9% |
| Equity | 10/15 | €55,494 | €55,916 | +€422 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,434 | €47,856 | +€422 | +0.9% |
| Amounts payable | 17/49 | €283,034 | €218,619 | -€64,414 | -22.8% |
| Amounts payable within one year | 42/48 | €283,034 | €218,619 | -€64,414 | -22.8% |
| Trade debts | 44 | €260,905 | €201,316 | -€59,589 | -22.8% |
| Suppliers | 440/4 | €260,905 | €201,316 | -€59,589 | -22.8% |
| Taxes, remuneration and social security | 45 | €21,208 | €16,097 | -€5,111 | -24.1% |
| Taxes | 450/3 | €12,896 | €2,957 | -€9,938 | -77.1% |
| Remuneration and social security | 454/9 | €8,313 | €13,140 | +€4,828 | +58.1% |
| Other amounts payable | 47/48 | €921 | €1,206 | +€285 | +31.0% |
| Remuneration, social security and pensions | 62 | €277,843 | €328,885 | +€51,042 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,365 | €2,629 | +€265 | +11.2% |
| Other operating charges | 640/8 | €9,688 | €17,197 | +€7,509 | +77.5% |
| Gross operating margin | 9900 | €327,411 | €352,571 | +€25,160 | +7.7% |
| Operating profit (loss) | 9901 | €37,515 | €3,861 | -€33,655 | -89.7% |
| Financial income | 75/76B | €284 | €1,451 | +€1,167 | +410.8% |
| Recurring financial income | 75 | €284 | €1,451 | +€1,167 | +410.8% |
| Financial charges | 65/66B | €557 | €1,932 | +€1,375 | +246.8% |
| Recurring financial charges | 65 | €557 | €1,932 | +€1,375 | +246.8% |
| Profit (loss) for the period before taxes | 9903 | €37,242 | €3,380 | -€33,863 | -90.9% |
| Income taxes | 67/77 | €11,435 | €2,957 | -€8,478 | -74.1% |
| Profit (loss) for the period | 9904 | €25,807 | €422 | -€25,385 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,807 | €422 | -€25,385 | -98.4% |
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 10 October 2026 via checked.be.