Co-tchin: 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.
Co-tchin
Largest movements
- Receivables within one year +€26,220
up €26,220 (+420%), from €6,243 to €32,463
of which Trade receivables: +€23,284
- Cash -€18,797
down €18,797 (-23.5%), from €80,063 to €61,266
mainly Receivables within one year (-€26,220) and Investment in fixed assets (net) (-€4,065)
- Tangible fixed assets +€1,718
up €1,718 (+19.0%), from €9,058 to €10,776
of which Land and buildings: +€3,128
- Reserves +€6,029
up €6,029 (+6.8%), from €88,685 to €94,713
- Trade debts +€4,027
up €4,027 (+350%), from €1,151 to €5,178
- Accrued charges and deferred income -€2,261
down €2,261 (-100%), from €2,261 to €0
- Advances received +€2,039
new in 2025: €2,039
- Gross operating margin -€33,908
down €33,908 (-75.0%), from €45,237 to €11,329
- Taxes -€6,910
down €6,910 (-70.2%), from €9,842 to €2,933
- Financial charges -€940
down €940 (-83.9%), from €1,120 to €180
of which Financial charges: -€949
- Depreciation +€713
up €713 (+43.6%), from €1,634 to €2,347
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 | €95,364 | €104,505 | +€9,141 | +9.6% |
| Fixed assets | 21/28 | €9,058 | €10,776 | +€1,718 | +19.0% |
| Tangible fixed assets | 22/27 | €9,058 | €10,776 | +€1,718 | +19.0% |
| Land and buildings | 22 | €5,628 | €8,756 | +€3,128 | +55.6% |
| Plant, machinery and equipment | 23 | €1,346 | €581 | -€765 | -56.8% |
| Furniture and vehicles | 24 | €2,084 | €1,439 | -€645 | -31.0% |
| Current assets | 29/58 | €86,306 | €93,729 | +€7,422 | +8.6% |
| Amounts receivable within one year | 40/41 | €6,243 | €32,463 | +€26,220 | +420% |
| Trade receivables | 40 | €906 | €24,190 | +€23,284 | +2,569% |
| Other amounts receivable | 41 | €5,337 | €8,272 | +€2,936 | +55.0% |
| Cash at bank and in hand | 54/58 | €80,063 | €61,266 | -€18,797 | -23.5% |
| Total equity and liabilities | 10/49 | €95,364 | €104,505 | +€9,141 | +9.6% |
| Equity | 10/15 | €90,685 | €96,713 | +€6,029 | +6.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €88,685 | €94,713 | +€6,029 | +6.8% |
| Distributable reserves | 133 | €88,685 | €94,713 | +€6,029 | +6.8% |
| Amounts payable | 17/49 | €4,679 | €7,792 | +€3,112 | +66.5% |
| Amounts payable within one year | 42/48 | €2,418 | €7,792 | +€5,374 | +222% |
| Trade debts | 44 | €1,151 | €5,178 | +€4,027 | +350% |
| Suppliers | 440/4 | €1,151 | €5,178 | +€4,027 | +350% |
| Advances received on contracts in progress | 46 | - | €2,039 | +€2,039 | |
| Other amounts payable | 47/48 | €1,267 | €574 | -€693 | -54.7% |
| Accrued charges and deferred income | 492/3 | €2,261 | €0 | -€2,261 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,634 | €2,347 | +€713 | +43.6% |
| Gross operating margin | 9900 | €45,237 | €11,329 | -€33,908 | -75.0% |
| Operating profit (loss) | 9901 | €43,603 | €8,982 | -€34,621 | -79.4% |
| Financial income | 75/76B | €200 | €160 | -€40 | -20.2% |
| Recurring financial income | 75 | €200 | €0 | -€200 | -100% |
| Non-recurring financial income | 76B | - | €160 | +€160 | |
| Financial charges | 65/66B | €1,120 | €180 | -€940 | -83.9% |
| Recurring financial charges | 65 | €1,119 | €170 | -€949 | -84.8% |
| Non-recurring financial charges | 66B | €0 | €10 | +€10 | +2,117% |
| Profit (loss) for the period before taxes | 9903 | €42,684 | €8,962 | -€33,722 | -79.0% |
| Income taxes | 67/77 | €9,842 | €2,933 | -€6,910 | -70.2% |
| Profit (loss) for the period | 9904 | €32,841 | €6,029 | -€26,813 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,841 | €6,029 | -€26,813 | -81.6% |
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 21 October 2026 via checked.be.