COCO NETWORK
Dissolved and wound upFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 16-05-2026 PDF all 9 filings
Equity
-€16,708▼ 132%
2025 · -€7,209
Total assets
€31,501▼ 36.9%
2025 · €49,904
Net result
-€9,499▲ 81.8%
2025 · -€52,149
Working capital
-€17,408▼ 76.6%
2025 · -€9,857
Multi-year overview
2019 to 2025, 8 financial yearsOperating result
-€8,677
2025
20192025
Net result
-€9,499
2025
20192025
Equity
-€16,708
2025
20192025
Total assets
€31,501
2025
20192025
Debt
€48,209
2025
20192025
Working capital
-€17,408
2025
20192025
Staff (FTE)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252025
Operating result€1,969-€17,618▲ 795%-€7,927€26,493€19,737▼ 25.5%€15,927▼ 19.3%-€51,097-€8,677-
Net result€1,199-€14,441▲ 12×-€8,669€19,340€11,008▼ 43.1%€8,962▼ 18.6%-€52,149-€9,499-
Equity€5,957-€20,398▲ 242%€11,729▼ 42.5%€31,069▲ 165%€35,978▲ 15.8%€44,940▲ 24.9%-€7,209-€16,708-
Total assets€42,696-€53,024▲ 24.2%€52,762▼ 0.5%€66,685▲ 26.4%€88,164▲ 32.2%€106,374▲ 20.7%€49,904▼ 53.1%€31,501-
Debt€36,739-€32,626▼ 11.2%€41,033▲ 25.8%€35,616▼ 13.2%€52,186▲ 46.5%€61,434▲ 17.7%€57,113▼ 7.0%€48,209-
Working capital€5,957-€19,341▲ 225%€10,887▼ 43.7%€42,382▲ 289%€33,920▼ 20.0%€31,227▼ 7.9%-€9,857-€17,408-
Staff (FTE)0.6-0.6=0.8▲ 33.3%4.4▲ 450%3.8▼ 13.6%2.1▼ 44.7%
Several financial years end in the same calendar year, so there is no annual trend.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €31,501
Fixed assets
€700 ▼ 73.6%
Current assets
€30,801 ▼ 34.8%
Equity and liabilities
Equity-€16,708
Debt€48,209
Equity is negative. Debt (€48,209) exceeds the balance-sheet total (€31,501).
Key figures and ratios
Solvency
-53.0%▼
2025 · -14.4%
Current ratio
0.64▼
2025 · 0.83
ROA
-30.2%▲
2025 · -104.5%
Debt ≤ 1 year
€48,209▼
2025 · €57,113
Staff costs
-€208▼
2025 · €432
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 |
|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | - |
| part-time | 4 | 4 | - |
| in full-time equivalents | 0.7 | 0.5 | - |
| Average over the year, in full-time equivalents | 0.6 | 0.7 | 0.2 |
| Joined | 17 | 22 | 5 |
| Left | 19 | 22 | 5 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,137 | €12,583 | - | - |
| Financial fixed assets | - | €700 | - | - | - |
| Depreciation and write-downs of the year | €215 | €406 | €927 | €851 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €26,839 | €27,182 | €8,782 | €432 | -€208 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €18 | €215 | €215 | €406 | €927 | €851 | - | - |
| Other operating charges640/8 | - | - | - | €1,304 | €630 | €2,633 | €1,990 | €1,652 | - |
| Gross operating margin9900 | €25,898 | €40,993 | €21,933 | €54,852 | €47,955 | €28,269 | -€47,823 | -€7,233 | - |
| Operating profit (loss)9901 | €1,969 | €17,618 | -€7,927 | €26,493 | €19,737 | €15,927 | -€51,097 | -€8,677 | - |
| Financial income75/76B | - | - | - | €8 | €4 | €1 | €67 | €30 | - |
| Recurring financial income75 | €2 | €153 | €0 | €8 | €4 | €1 | €67 | €30 | - |
| Financial charges65/66B | - | - | - | €527 | €447 | €992 | €665 | €851 | - |
| Recurring financial charges65 | €723 | €920 | €587 | €527 | €447 | €992 | €665 | €361 | - |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €491 | - |
| Profit (loss) for the period before taxes9903 | €1,248 | €16,851 | -€8,514 | €25,974 | €19,293 | €14,935 | -€51,695 | -€9,499 | - |
| Income taxes67/77 | €48 | €2,410 | €155 | €6,634 | €8,285 | €5,973 | €454 | - | - |
| Profit (loss) for the period9904 | €1,199 | €14,441 | -€8,669 | €19,340 | €11,008 | €8,962 | -€52,149 | -€9,499 | - |
| Profit (loss) for the period to be appropriated9905 | €1,199 | €14,441 | -€8,669 | €19,340 | €11,008 | €8,962 | -€52,149 | -€9,499 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €42,696 | €53,024 | €52,762 | €66,685 | €88,164 | €106,374 | €49,904 | €31,501 | - |
| Fixed assets21/28 | - | €1,057 | €842 | €627 | €2,057 | €13,713 | €2,648 | €700 | - |
| Tangible fixed assets22/27 | - | €1,057 | €842 | €627 | €1,357 | €13,013 | €1,948 | - | - |
| Plant, machinery and equipment23 | - | - | - | €627 | €1,357 | €915 | €491 | - | - |
| Furniture and vehicles24 | - | - | - | - | - | €12,098 | €1,457 | - | - |
| Financial fixed assets28 | - | - | - | - | €700 | €700 | €700 | €700 | - |
| Current assets29/58 | €42,696 | €51,967 | €51,920 | €66,058 | €86,106 | €92,661 | €47,256 | €30,801 | - |
| Stocks and contracts in progress3 | €7,854 | €6,184 | €6,315 | €8,470 | €12,367 | €21,838 | €2,728 | - | - |
| Stocks30/36 | - | - | - | €8,470 | €12,367 | €21,838 | €2,728 | - | - |
| Amounts receivable within one year40/41 | €22,232 | €29,511 | €29,770 | €43,885 | €47,000 | €31,164 | €31,328 | €30,306 | - |
| Trade receivables40 | - | - | - | €43,525 | €45,828 | €30,312 | €31,328 | €30,050 | - |
| Other amounts receivable41 | - | - | - | €360 | €1,172 | €852 | - | €256 | - |
| Cash at bank and in hand54/58 | €4,346 | €16,272 | €15,835 | €11,666 | €26,740 | €38,230 | €13,201 | €494 | - |
| Deferred charges and accrued income490/1 | - | - | - | €2,037 | - | €1,429 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €42,696 | €53,024 | €52,762 | €66,685 | €88,164 | €106,374 | €49,904 | €31,501 | - |
| Equity10/15 | €5,957 | €20,398 | €11,729 | €31,069 | €35,978 | €44,940 | -€7,209 | -€16,708 | - |
| Contributions10/11 | - | - | - | €6,200 | €100 | €100 | €100 | €100 | - |
| Reserves13 | - | €14,198 | €14,198 | €24,869 | €35,878 | €44,840 | €44,840 | €44,840 | - |
| Distributable reserves133 | - | - | - | €24,869 | €35,878 | €44,840 | €44,840 | €44,840 | - |
| Profit (loss) carried forward14 | -€243 | - | -€8,669 | - | - | - | -€52,149 | -€61,648 | - |
| Amounts payable17/49 | €36,739 | €32,626 | €41,033 | €35,616 | €52,186 | €61,434 | €57,113 | €48,209 | - |
| Amounts payable within one year42/48 | €36,739 | €32,626 | €41,033 | €23,676 | €52,186 | €61,434 | €57,113 | €48,209 | - |
| Trade debts44 | €10,125 | €4,198 | €5,762 | €2,625 | €6,755 | €5,097 | €3,807 | €4,074 | - |
| Suppliers440/4 | - | - | - | €2,625 | €6,755 | €5,097 | €3,807 | €4,074 | - |
| Taxes, remuneration and social security45 | - | - | - | €9,312 | €16,801 | €21,798 | €9,358 | €499 | - |
| Taxes450/3 | - | - | - | €6,634 | €11,006 | €21,798 | €7,358 | €499 | - |
| Remuneration and social security454/9 | - | - | - | €2,678 | €5,795 | - | €2,000 | - | - |
| Other amounts payable47/48 | - | - | - | €11,739 | €28,631 | €34,540 | €43,948 | €43,636 | - |
| Accrued charges and deferred income492/3 | - | - | - | €11,940 | - | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,199 | €14,441 | -€8,669 | €19,340 | €11,008 | €8,962 | -€52,149 | -€9,499 | - |
| + Depreciation and write-downs630 | - | €18 | €215 | €215 | €406 | €927 | €851 | - | - |
| Operating cash flow (approximation) | €1,199 | €14,459 | -€8,454 | €19,555 | €11,414 | €9,890 | -€51,298 | -€9,499 | - |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€1,837 | -€12,583 | €10,214 | - | - |
| Change in cash | - | €11,926 | -€437 | -€4,170 | €15,074 | €11,491 | -€25,030 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-05-2026 | 2026-00111837 | |
| 30-09-2025 | micro format | 30-04-2026 | 2026-00094518 | |
| 30-09-2024 | micro format | 19-05-2025 | 2025-00097465 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00074884 | |
| 30-09-2022 | micro format | 01-04-2023 | 2023-00051448 | |
| 30-09-2021 | micro format | 24-03-2022 | 2022-08400487 | |
| 30-09-2020 | micro format | 25-03-2021 | 2021-08400569 | |
| 30-09-2019 | micro format | 16-03-2021 | 2021-08100336 | |
| 30-09-2018 | micro format | 26-02-2019 | 2019-05700529 |