COZIE: 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.
COZIE
Largest movements
- Receivables within one year +€1.9m
up €1.9m (+82.1%), from €2.3m to €4.2m
of which Other amounts receivable: +€1.8m
- Cash -€661,320
down €661,320 (-87.7%), from €754,464 to €93,144
mainly Receivables within one year (-€1.9m) and Accrued charges and deferred income (-€3,403)
- Deferred charges and accrued income -€57,980
down €57,980 (-99.9%), from €58,013 to €33
- Other debts +€1.0m
new in 2024: €1.0m
- Trade debts +€71,446
up €71,446 (+63.4%), from €112,754 to €184,200
- Tax, wage and social debts +€68,890
up €68,890 (+69.0%), from €99,873 to €168,763
of which Taxes: +€86,483
- Purchases and services -€349,846
no longer reported in 2024 (was €349,846)
- Gross operating margin -€299,813
down €299,813 (-57.9%), from €517,674 to €217,861
- Staff costs -€286,970
down €286,970 (-48.5%), from €591,333 to €304,363
- Financial income +€57,706
up €57,706 (+104%), from €55,672 to €113,378
- Other operating charges -€55,120
down €55,120 (-94.7%), from €58,187 to €3,067
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,092,650 | €4,245,291 | +€1.2m | +37.3% |
| Fixed assets | 21/28 | €261 | €0 | -€261 | -100% |
| Tangible fixed assets | 22/27 | €260 | €0 | -€260 | -100% |
| Furniture and vehicles | 24 | €260 | €0 | -€260 | -100% |
| Financial fixed assets | 28 | €1 | €0 | -€1 | -100% |
| Current assets | 29/58 | €3,092,388 | €4,245,291 | +€1.2m | +37.3% |
| Amounts receivable within one year | 40/41 | €2,279,912 | €4,152,114 | +€1.9m | +82.1% |
| Trade receivables | 40 | €717,820 | €750,188 | +€32,368 | +4.5% |
| Other amounts receivable | 41 | €1,562,092 | €3,401,926 | +€1.8m | +118% |
| Cash at bank and in hand | 54/58 | €754,464 | €93,144 | -€661,320 | -87.7% |
| Deferred charges and accrued income | 490/1 | €58,013 | €33 | -€57,980 | -99.9% |
| Total equity and liabilities | 10/49 | €3,092,650 | €4,245,291 | +€1.2m | +37.3% |
| Equity | 10/15 | €2,854,023 | €2,857,543 | +€3,519 | +0.1% |
| Contributions | 10/11 | €26,159,395 | €26,159,395 | = | 0.0% |
| Capital | 10 | €26,159,395 | €26,159,395 | = | 0.0% |
| Issued capital | 100 | €26,159,395 | €26,205,995 | +€46,600 | +0.2% |
| Uncalled capital | 101 | - | €46,600 | +€46,600 | |
| Profit (loss) carried forward | 14 | -€23,305,371 | -€23,301,852 | +€3,519 | 0.0% |
| Amounts payable | 17/49 | €238,627 | €1,387,748 | +€1.1m | +482% |
| Amounts payable within one year | 42/48 | €212,627 | €1,365,151 | +€1.2m | +542% |
| Trade debts | 44 | €112,754 | €184,200 | +€71,446 | +63.4% |
| Suppliers | 440/4 | €112,754 | €184,200 | +€71,446 | +63.4% |
| Taxes, remuneration and social security | 45 | €99,873 | €168,763 | +€68,890 | +69.0% |
| Taxes | 450/3 | €22,267 | €108,750 | +€86,483 | +388% |
| Remuneration and social security | 454/9 | €77,606 | €60,014 | -€17,592 | -22.7% |
| Other amounts payable | 47/48 | - | €1,012,188 | +€1.0m | |
| Accrued charges and deferred income | 492/3 | €26,000 | €22,597 | -€3,403 | -13.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €349,846 | - | -€349,846 | |
| Remuneration, social security and pensions | 62 | €591,333 | €304,363 | -€286,970 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €930 | €260 | -€670 | -72.0% |
| Other operating charges | 640/8 | €58,187 | €3,067 | -€55,120 | -94.7% |
| Non-recurring operating charges | 66A | €13,596,629 | €1 | -€13.6m | -100.0% |
| Gross operating margin | 9900 | €517,674 | €217,861 | -€299,813 | -57.9% |
| Operating profit (loss) | 9901 | -€13,729,406 | -€89,830 | +€13.6m | +99.3% |
| Financial income | 75/76B | €55,672 | €113,378 | +€57,706 | +104% |
| Recurring financial income | 75 | €55,672 | €113,378 | +€57,706 | +104% |
| Financial charges | 65/66B | €18,457 | €16,440 | -€2,017 | -10.9% |
| Recurring financial charges | 65 | €18,457 | €16,440 | -€2,017 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,692,191 | €7,108 | +€13.7m | |
| Income taxes | 67/77 | €3,769 | €3,589 | -€180 | -4.8% |
| Profit (loss) for the period | 9904 | -€13,695,959 | €3,519 | +€13.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,695,959 | €3,519 | +€13.7m |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.