DeTeWe - COTELMIC: 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.
DeTeWe - COTELMIC
Largest movements
- Cash +€46,442
up €46,442 (+402.9%), from €11,526 to €57,969
mainly Debts after one year (+€70,000) and Tax, wage and social debts (+€16,112)
- Tangible fixed assets -€8,483
down €8,483 (-29.3%), from €28,942 to €20,459
of which Furniture and vehicles: -€5,642
- Debts after one year +€70,000
new in 2025: €70,000
- Other debts -€61,329
down €61,329 (-71.7%), from €85,508 to €24,178
- Tax, wage and social debts +€16,112
up €16,112 (+48.1%), from €33,470 to €49,582
of which Remuneration and social security: +€10,327
- Accrued charges and deferred income +€7,253
new in 2025: €7,253
- Gross operating margin +€70,012
up €70,012 (+40.1%), from €174,628 to €244,640
- Provisions +€50,000
no longer reported in 2025 (was -€50,000)
- Staff costs +€10,903
up €10,903 (+5.1%), from €213,238 to €224,142
- Financial charges +€7,377
up €7,377 (+838.8%), from €880 to €8,257
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 | €212,406 | €246,600 | +€34,193 | +16.1% |
| Fixed assets | 21/28 | €28,942 | €20,459 | -€8,483 | -29.3% |
| Tangible fixed assets | 22/27 | €28,942 | €20,459 | -€8,483 | -29.3% |
| Plant, machinery and equipment | 23 | €234 | - | -€234 | |
| Furniture and vehicles | 24 | €22,034 | €16,393 | -€5,642 | -25.6% |
| Other tangible fixed assets | 26 | €6,673 | €4,066 | -€2,607 | -39.1% |
| Current assets | 29/58 | €183,465 | €226,141 | +€42,676 | +23.3% |
| Stocks and contracts in progress | 3 | €32,079 | €31,558 | -€521 | -1.6% |
| Stocks | 30/36 | €32,079 | €31,558 | -€521 | -1.6% |
| Amounts receivable within one year | 40/41 | €137,075 | €135,470 | -€1,605 | -1.2% |
| Trade receivables | 40 | €137,050 | €135,446 | -€1,605 | -1.2% |
| Other amounts receivable | 41 | €25 | €25 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,526 | €57,969 | +€46,442 | +402.9% |
| Deferred charges and accrued income | 490/1 | €2,785 | €1,144 | -€1,641 | -58.9% |
| Total equity and liabilities | 10/49 | €212,406 | €246,600 | +€34,193 | +16.1% |
| Equity | 10/15 | €63,424 | €65,726 | +€2,303 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,036 | €46,336 | +€2,300 | +5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,176 | €44,476 | +€2,300 | +5.5% |
| Profit (loss) carried forward | 14 | €788 | €790 | +€3 | +0.3% |
| Provisions and deferred taxes | 16 | €28,145 | €28,145 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €28,145 | €28,145 | = | 0.0% |
| Pensions and similar obligations | 160 | €28,145 | €28,145 | = | 0.0% |
| Amounts payable | 17/49 | €120,837 | €152,728 | +€31,891 | +26.4% |
| Amounts payable after more than one year | 17 | - | €70,000 | +€70,000 | |
| Financial debts | 170/4 | - | €70,000 | +€70,000 | |
| Amounts payable within one year | 42/48 | €120,837 | €75,475 | -€45,362 | -37.5% |
| Trade debts | 44 | €1,860 | €1,715 | -€145 | -7.8% |
| Suppliers | 440/4 | €1,860 | €1,715 | -€145 | -7.8% |
| Taxes, remuneration and social security | 45 | €33,470 | €49,582 | +€16,112 | +48.1% |
| Taxes | 450/3 | €7,997 | €13,783 | +€5,785 | +72.3% |
| Remuneration and social security | 454/9 | €25,472 | €35,800 | +€10,327 | +40.5% |
| Other amounts payable | 47/48 | €85,508 | €24,178 | -€61,329 | -71.7% |
| Accrued charges and deferred income | 492/3 | - | €7,253 | +€7,253 | |
| Remuneration, social security and pensions | 62 | €213,238 | €224,142 | +€10,903 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,056 | €8,484 | -€573 | -6.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€50,000 | - | +€50,000 | |
| Other operating charges | 640/8 | €502 | €571 | +€69 | +13.7% |
| Gross operating margin | 9900 | €174,628 | €244,640 | +€70,012 | +40.1% |
| Operating profit (loss) | 9901 | €1,831 | €11,444 | +€9,612 | +524.9% |
| Financial income | 75/76B | €51 | €40 | -€10 | -20.2% |
| Recurring financial income | 75 | €51 | €40 | -€10 | -20.2% |
| Financial charges | 65/66B | €880 | €8,257 | +€7,377 | +838.8% |
| Recurring financial charges | 65 | €880 | €8,257 | +€7,377 | +838.8% |
| Profit (loss) for the period before taxes | 9903 | €1,002 | €3,227 | +€2,225 | +222.0% |
| Income taxes | 67/77 | €259 | €925 | +€666 | +257.0% |
| Profit (loss) for the period | 9904 | €743 | €2,303 | +€1,559 | +209.8% |
| Profit (loss) for the period to be appropriated | 9905 | €743 | €2,303 | +€1,559 | +209.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.