Cuomo & Co: what changed
Two fiscal 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.
Cuomo & Co
Largest movements
- Receivables within one year -€33,908
down €33,908 (-25.8%), from €131,270 to €97,362
of which Trade receivables: -€53,777
- Cash -€4,044
down €4,044 (-5.0%), from €80,767 to €76,723
mainly Contributions, distributions and other (-€29,859) and Tax, wage and social debts (-€17,720)
- Tangible fixed assets -€3,479
down €3,479 (-24.0%), from €14,470 to €10,991
- Tax, wage and social debts -€17,720
down €17,720 (-99.9%), from €17,746 to €26
of which Taxes: -€13,607
- Reserves -€10,709
down €10,709 (-5.8%), from €183,539 to €172,830
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€35,296
down €35,296 (-54.2%), from €65,069 to €29,773
- Staff costs -€17,539
no longer reported in 2025 (was €17,539)
- Taxes -€4,473
down €4,473 (-34.6%), from €12,909 to €8,437
- Financial income +€818
up €818 (+24.7%), from €3,315 to €4,133
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 | €233,077 | €192,419 | -€40,658 | -17.4% |
| Fixed assets | 21/28 | €14,470 | €10,991 | -€3,479 | -24.0% |
| Tangible fixed assets | 22/27 | €14,470 | €10,991 | -€3,479 | -24.0% |
| Plant, machinery and equipment | 23 | €9,563 | €8,050 | -€1,514 | -15.8% |
| Furniture and vehicles | 24 | €2,945 | €1,511 | -€1,434 | -48.7% |
| Other tangible fixed assets | 26 | €1,962 | €1,430 | -€532 | -27.1% |
| Current assets | 29/58 | €218,607 | €181,428 | -€37,179 | -17.0% |
| Amounts receivable within one year | 40/41 | €131,270 | €97,362 | -€33,908 | -25.8% |
| Trade receivables | 40 | €62,332 | €8,555 | -€53,777 | -86.3% |
| Other amounts receivable | 41 | €68,938 | €88,807 | +€19,869 | +28.8% |
| Cash at bank and in hand | 54/58 | €80,767 | €76,723 | -€4,044 | -5.0% |
| Deferred charges and accrued income | 490/1 | €6,570 | €7,344 | +€774 | +11.8% |
| Total equity and liabilities | 10/49 | €233,077 | €192,419 | -€40,658 | -17.4% |
| Equity | 10/15 | €202,372 | €191,706 | -€10,666 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €183,539 | €172,830 | -€10,709 | -5.8% |
| Distributable reserves | 133 | €183,539 | €172,830 | -€10,709 | -5.8% |
| Profit (loss) carried forward | 14 | €233 | €276 | +€43 | +18.6% |
| Amounts payable | 17/49 | €30,705 | €712 | -€29,993 | -97.7% |
| Amounts payable within one year | 42/48 | €30,705 | €712 | -€29,993 | -97.7% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €2,959 | €686 | -€2,272 | -76.8% |
| Suppliers | 440/4 | €2,959 | €686 | -€2,272 | -76.8% |
| Taxes, remuneration and social security | 45 | €17,746 | €26 | -€17,720 | -99.9% |
| Taxes | 450/3 | €13,633 | €26 | -€13,607 | -99.8% |
| Remuneration and social security | 454/9 | €4,114 | - | -€4,114 | |
| Remuneration, social security and pensions | 62 | €17,539 | - | -€17,539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,597 | €3,479 | -€118 | -3.3% |
| Other operating charges | 640/8 | €1,429 | €1,372 | -€57 | -4.0% |
| Non-recurring operating charges | 66A | €560 | €610 | +€49 | +8.8% |
| Gross operating margin | 9900 | €65,069 | €29,773 | -€35,296 | -54.2% |
| Operating profit (loss) | 9901 | €41,944 | €24,312 | -€17,632 | -42.0% |
| Financial income | 75/76B | €3,315 | €4,133 | +€818 | +24.7% |
| Recurring financial income | 75 | €3,315 | €4,133 | +€818 | +24.7% |
| Financial charges | 65/66B | €739 | €815 | +€75 | +10.2% |
| Recurring financial charges | 65 | €739 | €815 | +€75 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €44,519 | €27,630 | -€16,889 | -37.9% |
| Income taxes | 67/77 | €12,909 | €8,437 | -€4,473 | -34.6% |
| Profit (loss) for the period | 9904 | €31,609 | €19,193 | -€12,416 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,609 | €19,193 | -€12,416 | -39.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.