COC: 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.
COC
Largest movements
- Tangible fixed assets -€14,651
down €14,651 (-9.9%), from €148,059 to €133,407
of which Land and buildings: -€13,167
- Cash -€7,180
down €7,180 (-60.3%), from €11,911 to €4,732
mainly Debts after one year (-€17,625) and Receivables within one year (-€6,239)
- Receivables within one year +€6,239
up €6,239 (+172.1%), from €3,625 to €9,864
of which Trade receivables: +€6,240
- Debts after one year -€17,625
down €17,625 (-30.2%), from €58,446 to €40,821
- Tax, wage and social debts +€1,864
up €1,864 (+33.1%), from €5,629 to €7,493
- Gross operating margin -€22,509
down €22,509 (-48.1%), from €46,832 to €24,322
- Taxes -€3,272
down €3,272 (-64.8%), from €5,046 to €1,775
- Other operating charges -€1,610
down €1,610 (-42.9%), from €3,751 to €2,141
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 | €166,453 | €150,355 | -€16,098 | -9.7% |
| Fixed assets | 21/28 | €148,059 | €133,407 | -€14,651 | -9.9% |
| Tangible fixed assets | 22/27 | €148,059 | €133,407 | -€14,651 | -9.9% |
| Land and buildings | 22 | €136,737 | €123,570 | -€13,167 | -9.6% |
| Furniture and vehicles | 24 | €11,322 | €9,837 | -€1,484 | -13.1% |
| Current assets | 29/58 | €18,394 | €16,947 | -€1,447 | -7.9% |
| Amounts receivable within one year | 40/41 | €3,625 | €9,864 | +€6,239 | +172.1% |
| Trade receivables | 40 | €3,624 | €9,864 | +€6,240 | +172.2% |
| Other amounts receivable | 41 | €1 | €0 | -€1 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,911 | €4,732 | -€7,180 | -60.3% |
| Deferred charges and accrued income | 490/1 | €2,858 | €2,352 | -€505 | -17.7% |
| Total equity and liabilities | 10/49 | €166,453 | €150,355 | -€16,098 | -9.7% |
| Equity | 10/15 | €30,485 | €31,974 | +€1,490 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,060 | €8,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,825 | €5,314 | +€1,490 | +38.9% |
| Amounts payable | 17/49 | €135,968 | €118,380 | -€17,587 | -12.9% |
| Amounts payable after more than one year | 17 | €58,446 | €40,821 | -€17,625 | -30.2% |
| Financial debts | 170/4 | €58,446 | €40,821 | -€17,625 | -30.2% |
| Amounts payable within one year | 42/48 | €77,522 | €77,560 | +€38 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €17,314 | €17,625 | +€311 | +1.8% |
| Trade debts | 44 | €3,017 | €1,957 | -€1,060 | -35.1% |
| Suppliers | 440/4 | €3,017 | €1,957 | -€1,060 | -35.1% |
| Taxes, remuneration and social security | 45 | €5,629 | €7,493 | +€1,864 | +33.1% |
| Taxes | 450/3 | €5,629 | €7,493 | +€1,864 | +33.1% |
| Other amounts payable | 47/48 | €51,562 | €50,484 | -€1,077 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,381 | €16,101 | -€280 | -1.7% |
| Other operating charges | 640/8 | €3,751 | €2,141 | -€1,610 | -42.9% |
| Gross operating margin | 9900 | €46,832 | €24,322 | -€22,509 | -48.1% |
| Operating profit (loss) | 9901 | €26,699 | €6,080 | -€20,619 | -77.2% |
| Financial income | 75/76B | €46 | €1 | -€46 | -98.7% |
| Recurring financial income | 75 | €46 | €1 | -€46 | -98.7% |
| Financial charges | 65/66B | €2,707 | €2,816 | +€109 | +4.0% |
| Recurring financial charges | 65 | €2,707 | €2,816 | +€109 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €24,038 | €3,264 | -€20,774 | -86.4% |
| Income taxes | 67/77 | €5,046 | €1,775 | -€3,272 | -64.8% |
| Profit (loss) for the period | 9904 | €18,992 | €1,490 | -€17,502 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,992 | €1,490 | -€17,502 | -92.2% |
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 11 October 2026 via checked.be.