RONALD COGNEAU: what changed
What changed
RONALD COGNEAU
filed annual accounts (NBB)
Net result for the year
€2,130
2024 · €1,739+€391
Equity
€218,485
2024 · €216,355+€2,130
Cash
€379
2024 · €756-€377
Balance sheet total
€357,340
2024 · €374,638-€17,297
Largest movements
Assets
- Receivables within one year -€19,468
down €19,468 (-6.5%), from €297,645 to €278,177
of which Other amounts receivable: -€11,468
- Deferred charges and accrued income +€4,968
up €4,968 (+75.8%), from €6,555 to €11,522
Equity and liabilities
- Trade debts -€10,618
down €10,618 (-28.9%), from €36,730 to €26,112
- Other debts -€8,858
down €8,858 (-7.4%), from €119,893 to €111,035
Income statement
- Financial charges -€329
no longer reported in 2025 (was €329)
- Gross operating margin +€220
up €220 (+1.5%), from €14,379 to €14,599
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,739
Gross operating margin
+€220
Other operating charges
-€36
Financial charges
+€329
Taxes
-€122
Result 2025
€2,130
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€377
Investment
€0
Financing
€0
Cash 2024
€756
From operations (derived)
-€377
Net result for the year
+€2,130
Depreciation
+€2,420
Receivables within one year
+€19,468
Deferred charges and accrued income
-€4,968
Trade debts
-€10,618
Tax, wage and social debts
+€49
Other debts
-€8,858
Cash 2025
€379
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,638 | €357,340 | -€17,297 | -4.6% |
| Fixed assets | 21/28 | €69,682 | €67,262 | -€2,420 | -3.5% |
| Tangible fixed assets | 22/27 | €69,682 | €67,262 | -€2,420 | -3.5% |
| Land and buildings | 22 | €35,802 | €35,802 | = | 0.0% |
| Plant, machinery and equipment | 23 | €33,880 | €31,460 | -€2,420 | -7.1% |
| Current assets | 29/58 | €304,955 | €290,078 | -€14,877 | -4.9% |
| Amounts receivable within one year | 40/41 | €297,645 | €278,177 | -€19,468 | -6.5% |
| Trade receivables | 40 | €286,177 | €278,177 | -€8,000 | -2.8% |
| Other amounts receivable | 41 | €11,468 | - | -€11,468 | |
| Cash at bank and in hand | 54/58 | €756 | €379 | -€377 | -49.9% |
| Deferred charges and accrued income | 490/1 | €6,555 | €11,522 | +€4,968 | +75.8% |
| Total equity and liabilities | 10/49 | €374,638 | €357,340 | -€17,297 | -4.6% |
| Equity | 10/15 | €216,355 | €218,485 | +€2,130 | +1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,904 | €198,033 | +€2,130 | +1.1% |
| Amounts payable | 17/49 | €158,283 | €138,856 | -€19,427 | -12.3% |
| Amounts payable within one year | 42/48 | €158,283 | €138,856 | -€19,427 | -12.3% |
| Trade debts | 44 | €36,730 | €26,112 | -€10,618 | -28.9% |
| Suppliers | 440/4 | €36,730 | €26,112 | -€10,618 | -28.9% |
| Taxes, remuneration and social security | 45 | €1,660 | €1,709 | +€49 | +3.0% |
| Taxes | 450/3 | €1,660 | €1,709 | +€49 | +3.0% |
| Other amounts payable | 47/48 | €119,893 | €111,035 | -€8,858 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,420 | €2,420 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,000 | €8,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,098 | €1,134 | +€36 | +3.2% |
| Gross operating margin | 9900 | €14,379 | €14,599 | +€220 | +1.5% |
| Operating profit (loss) | 9901 | €2,861 | €3,045 | +€185 | +6.4% |
| Financial charges | 65/66B | €329 | - | -€329 | |
| Recurring financial charges | 65 | €329 | - | -€329 | |
| Profit (loss) for the period before taxes | 9903 | €2,532 | €3,045 | +€513 | +20.3% |
| Income taxes | 67/77 | €793 | €915 | +€122 | +15.4% |
| Profit (loss) for the period | 9904 | €1,739 | €2,130 | +€391 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,739 | €2,130 | +€391 | +22.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.