ANNICK COCQUYT: 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.
ANNICK COCQUYT
Largest movements
- Receivables after one year +€95,000
up €95,000 (+1900.0%), from €5,000 to €100,000
- Tangible fixed assets +€63,271
up €63,271 (+21.7%), from €291,395 to €354,666
of which Land and buildings: +€69,016
- Receivables within one year -€41,088
down €41,088 (-24.2%), from €169,679 to €128,591
of which Other amounts receivable: -€53,301
- Cash -€28,310
down €28,310 (-38.2%), from €74,176 to €45,866
mainly Investment in fixed assets (net) (-€110,558) and Receivables after one year (-€95,000)
- Debts after one year +€48,830
up €48,830 (+46.4%), from €105,125 to €153,955
- Profit (loss) carried forward +€43,662
up €43,662 (+10.2%), from €427,814 to €471,476
- Trade debts +€8,689
up €8,689 (+689.1%), from €1,261 to €9,950
- Depreciation +€47,287
new in 2025: €47,287
- Turnover +€27,718
up €27,718 (+6.7%), from €412,225 to €439,943
- Purchases and services +€26,913
up €26,913 (+10.3%), from €261,311 to €288,224
- Taxes +€24,526
new in 2025: €24,526
- Other operating charges -€19,739
down €19,739 (-87.1%), from €22,652 to €2,913
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 | €567,096 | €661,701 | +€94,605 | +16.7% |
| Fixed assets | 21/28 | €291,395 | €354,666 | +€63,271 | +21.7% |
| Tangible fixed assets | 22/27 | €291,395 | €354,666 | +€63,271 | +21.7% |
| Land and buildings | 22 | €285,650 | €354,666 | +€69,016 | +24.2% |
| Furniture and vehicles | 24 | €5,745 | - | -€5,745 | |
| Current assets | 29/58 | €275,701 | €307,035 | +€31,334 | +11.4% |
| Amounts receivable after more than one year | 29 | €5,000 | €100,000 | +€95,000 | +1900.0% |
| Other amounts receivable | 291 | €5,000 | €100,000 | +€95,000 | +1900.0% |
| Amounts receivable within one year | 40/41 | €169,679 | €128,591 | -€41,088 | -24.2% |
| Trade receivables | 40 | €73,632 | €85,845 | +€12,213 | +16.6% |
| Other amounts receivable | 41 | €96,047 | €42,746 | -€53,301 | -55.5% |
| Cash at bank and in hand | 54/58 | €74,176 | €45,866 | -€28,310 | -38.2% |
| Deferred charges and accrued income | 490/1 | €26,846 | €32,578 | +€5,732 | +21.4% |
| Total equity and liabilities | 10/49 | €567,096 | €661,701 | +€94,605 | +16.7% |
| Equity | 10/15 | €448,534 | €492,196 | +€43,662 | +9.7% |
| Contributions | 10/11 | €18,895 | €18,895 | = | 0.0% |
| Reserves | 13 | €1,825 | €1,825 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,825 | €1,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | €427,814 | €471,476 | +€43,662 | +10.2% |
| Amounts payable | 17/49 | €118,562 | €169,505 | +€50,943 | +43.0% |
| Amounts payable after more than one year | 17 | €105,125 | €153,955 | +€48,830 | +46.4% |
| Financial debts | 170/4 | €105,125 | €153,955 | +€48,830 | +46.4% |
| Amounts payable within one year | 42/48 | €1,261 | €9,950 | +€8,689 | +689.1% |
| Trade debts | 44 | €1,261 | €9,950 | +€8,689 | +689.1% |
| Suppliers | 440/4 | €1,261 | €9,950 | +€8,689 | +689.1% |
| Accrued charges and deferred income | 492/3 | €12,176 | €5,600 | -€6,576 | -54.0% |
| Turnover | 70 | €412,225 | €439,943 | +€27,718 | +6.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €261,311 | €288,224 | +€26,913 | +10.3% |
| Remuneration, social security and pensions | 62 | €40,561 | €37,815 | -€2,746 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €47,287 | +€47,287 | |
| Other operating charges | 640/8 | €22,652 | €2,913 | -€19,739 | -87.1% |
| Gross operating margin | 9900 | €143,912 | €151,720 | +€7,808 | +5.4% |
| Operating profit (loss) | 9901 | €80,699 | €63,705 | -€16,994 | -21.1% |
| Financial income | 75/76B | €6,134 | €9,502 | +€3,368 | +54.9% |
| Recurring financial income | 75 | €6,134 | €9,502 | +€3,368 | +54.9% |
| Financial charges | 65/66B | €4,627 | €5,020 | +€393 | +8.5% |
| Recurring financial charges | 65 | €3,144 | €4,236 | +€1,092 | +34.7% |
| Non-recurring financial charges | 66B | €1,483 | €784 | -€699 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €82,206 | €68,187 | -€14,019 | -17.1% |
| Income taxes | 67/77 | - | €24,526 | +€24,526 | |
| Profit (loss) for the period | 9904 | €82,206 | €43,661 | -€38,545 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,206 | €43,661 | -€38,545 | -46.9% |
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 6 October 2026 via checked.be.