FISCHER-COBEMABEL: 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.
FISCHER-COBEMABEL
Largest movements
- Deferred charges and accrued income +€289,844
up €289,844 (+3,521%), from €8,232 to €298,076
- Receivables within one year +€220,264
up €220,264 (+6.1%), from €3.6m to €3.9m
of which Trade receivables: +€207,334
- Trade debts +€246,695
up €246,695 (+25.5%), from €965,885 to €1.2m
- Other debts +€218,136
up €218,136 (+22.7%), from €961,457 to €1.2m
- Gross operating margin +€354,992
up €354,992 (+14.6%), from €2.4m to €2.8m
- Taxes +€67,267
up €67,267 (+40.3%), from €166,858 to €234,125
- Financial charges +€37,508
up €37,508 (+11.8%), from €317,832 to €355,340
- Staff costs +€37,273
up €37,273 (+2.4%), from €1.6m to €1.6m
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 | €3,689,023 | €4,186,425 | +€497,402 | +13.5% |
| Fixed assets | 21/28 | €49,433 | €36,819 | -€12,615 | -25.5% |
| Tangible fixed assets | 22/27 | €49,362 | €36,747 | -€12,615 | -25.6% |
| Furniture and vehicles | 24 | €49,362 | €36,747 | -€12,615 | -25.6% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €3,639,590 | €4,149,606 | +€510,017 | +14.0% |
| Amounts receivable within one year | 40/41 | €3,631,027 | €3,851,292 | +€220,264 | +6.1% |
| Trade receivables | 40 | €1,824,443 | €2,031,777 | +€207,334 | +11.4% |
| Other amounts receivable | 41 | €1,806,584 | €1,819,515 | +€12,931 | +0.7% |
| Cash at bank and in hand | 54/58 | €331 | €239 | -€92 | -27.7% |
| Deferred charges and accrued income | 490/1 | €8,232 | €298,076 | +€289,844 | +3,521% |
| Total equity and liabilities | 10/49 | €3,689,023 | €4,186,425 | +€497,402 | +13.5% |
| Equity | 10/15 | €1,550,321 | €1,552,236 | +€1,915 | +0.1% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €17,500 | €17,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,357,821 | €1,359,736 | +€1,915 | +0.1% |
| Amounts payable | 17/49 | €2,138,702 | €2,634,189 | +€495,487 | +23.2% |
| Amounts payable within one year | 42/48 | €2,138,702 | €2,634,189 | +€495,487 | +23.2% |
| Trade debts | 44 | €965,885 | €1,212,580 | +€246,695 | +25.5% |
| Suppliers | 440/4 | €965,885 | €1,212,580 | +€246,695 | +25.5% |
| Taxes, remuneration and social security | 45 | €211,360 | €242,016 | +€30,655 | +14.5% |
| Taxes | 450/3 | €46,883 | €69,818 | +€22,935 | +48.9% |
| Remuneration and social security | 454/9 | €164,477 | €172,198 | +€7,721 | +4.7% |
| Other amounts payable | 47/48 | €961,457 | €1,179,594 | +€218,136 | +22.7% |
| Non-recurring operating income | 76A | €957 | - | -€957 | |
| Remuneration, social security and pensions | 62 | €1,559,299 | €1,596,572 | +€37,273 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,121 | €16,755 | +€634 | +3.9% |
| Gross operating margin | 9900 | €2,424,693 | €2,779,684 | +€354,992 | +14.6% |
| Operating profit (loss) | 9901 | €849,273 | €1,166,357 | +€317,084 | +37.3% |
| Financial income | 75/76B | €68,094 | €55,022 | -€13,072 | -19.2% |
| Recurring financial income | 75 | €68,094 | €55,022 | -€13,072 | -19.2% |
| Financial charges | 65/66B | €317,832 | €355,340 | +€37,508 | +11.8% |
| Recurring financial charges | 65 | €317,832 | €355,340 | +€37,508 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €599,535 | €866,040 | +€266,504 | +44.5% |
| Income taxes | 67/77 | €166,858 | €234,125 | +€67,267 | +40.3% |
| Profit (loss) for the period | 9904 | €432,677 | €631,915 | +€199,237 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €432,677 | €631,915 | +€199,237 | +46.0% |
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.