COZYPIXEL: 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.
COZYPIXEL
Largest movements
- Deferred charges and accrued income +€79,113
up €79,113 (+7,251%), from €1,091 to €80,204
- Cash -€23,366
down €23,366 (-8.6%), from €271,712 to €248,346
mainly Deferred charges and accrued income (-€79,113) and Contributions, distributions and other (-€35,500)
- Tangible fixed assets -€8,644
down €8,644 (-46.8%), from €18,462 to €9,818
of which Furniture and vehicles: -€8,177
- Reserves +€60,000
up €60,000 (+3,027%), from €1,982 to €61,982
of which Distributable reserves: +€60,000
- Profit (loss) carried forward +€27,904
up €27,904 (+16.2%), from €172,371 to €200,275
- Tax, wage and social debts -€13,055
down €13,055 (-31.0%), from €42,064 to €29,009
- Other debts -€12,809
down €12,809 (-53.4%), from €24,000 to €11,191
- Current portion of long-term debt -€9,271
no longer reported in 2025 (was €9,271)
- Gross operating margin +€109,501
up €109,501 (+103%), from €106,718 to €216,219
- Provisions -€45,772
down €45,772, from €42,400 to -€3,372
- Financial charges +€38,990
up €38,990 (+3,516%), from €1,109 to €40,099
- Taxes +€22,702
up €22,702 (+114%), from €19,938 to €42,640
- Depreciation -€2,338
down €2,338 (-15.6%), from €15,025 to €12,687
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 | €313,925 | €360,425 | +€46,500 | +14.8% |
| Fixed assets | 21/28 | €18,617 | €9,973 | -€8,644 | -46.4% |
| Tangible fixed assets | 22/27 | €18,462 | €9,818 | -€8,644 | -46.8% |
| Furniture and vehicles | 24 | €15,524 | €7,347 | -€8,177 | -52.7% |
| Other tangible fixed assets | 26 | €2,938 | €2,471 | -€467 | -15.9% |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €295,308 | €350,452 | +€55,144 | +18.7% |
| Amounts receivable within one year | 40/41 | €22,505 | €21,902 | -€603 | -2.7% |
| Trade receivables | 40 | €22,227 | €4,353 | -€17,874 | -80.4% |
| Other amounts receivable | 41 | €278 | €17,549 | +€17,271 | +6,213% |
| Cash at bank and in hand | 54/58 | €271,712 | €248,346 | -€23,366 | -8.6% |
| Deferred charges and accrued income | 490/1 | €1,091 | €80,204 | +€79,113 | +7,251% |
| Total equity and liabilities | 10/49 | €313,925 | €360,425 | +€46,500 | +14.8% |
| Equity | 10/15 | €186,753 | €274,657 | +€87,904 | +47.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,982 | €61,982 | +€60,000 | +3,027% |
| Tax-exempt reserves | 132 | €127 | €127 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €61,855 | +€60,000 | +3,235% |
| Profit (loss) carried forward | 14 | €172,371 | €200,275 | +€27,904 | +16.2% |
| Provisions and deferred taxes | 16 | €42,400 | €39,028 | -€3,372 | -8.0% |
| Provisions for liabilities and charges | 160/5 | €42,400 | €39,028 | -€3,372 | -8.0% |
| Other liabilities and charges | 164/5 | €42,400 | €39,028 | -€3,372 | -8.0% |
| Amounts payable | 17/49 | €84,772 | €46,740 | -€38,032 | -44.9% |
| Amounts payable after more than one year | 17 | €3,849 | - | -€3,849 | |
| Other amounts payable | 178/9 | €3,849 | - | -€3,849 | |
| Amounts payable within one year | 42/48 | €80,923 | €46,740 | -€34,183 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €9,271 | - | -€9,271 | |
| Trade debts | 44 | €5,588 | €6,540 | +€952 | +17.0% |
| Suppliers | 440/4 | €5,588 | €6,540 | +€952 | +17.0% |
| Taxes, remuneration and social security | 45 | €42,064 | €29,009 | -€13,055 | -31.0% |
| Taxes | 450/3 | €42,064 | €29,009 | -€13,055 | -31.0% |
| Other amounts payable | 47/48 | €24,000 | €11,191 | -€12,809 | -53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,025 | €12,687 | -€2,338 | -15.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €42,400 | -€3,372 | -€45,772 | |
| Other operating charges | 640/8 | €1,433 | €764 | -€669 | -46.7% |
| Gross operating margin | 9900 | €106,718 | €216,219 | +€109,501 | +103% |
| Operating profit (loss) | 9901 | €47,860 | €206,140 | +€158,280 | +331% |
| Financial income | 75/76B | €10 | €3 | -€7 | -70.0% |
| Recurring financial income | 75 | €10 | €3 | -€7 | -70.0% |
| Financial charges | 65/66B | €1,109 | €40,099 | +€38,990 | +3,516% |
| Recurring financial charges | 65 | €1,109 | €40,099 | +€38,990 | +3,516% |
| Profit (loss) for the period before taxes | 9903 | €46,761 | €166,044 | +€119,283 | +255% |
| Income taxes | 67/77 | €19,938 | €42,640 | +€22,702 | +114% |
| Profit (loss) for the period | 9904 | €26,823 | €123,404 | +€96,581 | +360% |
| Profit (loss) for the period to be appropriated | 9905 | €26,823 | €123,404 | +€96,581 | +360% |
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 13 October 2026 via checked.be.