COCATENA: 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.
COCATENA
Largest movements
- Cash +€101,694
up €101,694 (+19.3%), from €527,761 to €629,456
mainly Net result for the year (+€124,856) and Depreciation (+€11,941)
- Receivables within one year +€13,111
up €13,111 (+72.2%), from €18,169 to €31,280
of which Trade receivables: +€15,223
- Tangible fixed assets -€9,996
down €9,996 (-23.5%), from €42,503 to €32,507
of which Furniture and vehicles: -€11,624
- Reserves +€124,856
up €124,856 (+26.9%), from €463,452 to €588,308
of which Distributable reserves: +€124,856
- Tax, wage and social debts -€19,854
down €19,854 (-58.7%), from €33,798 to €13,945
- Gross operating margin +€42,366
up €42,366 (+32.5%), from €130,523 to €172,889
- Depreciation -€2,546
down €2,546 (-17.6%), from €14,487 to €11,941
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 | €588,434 | €693,243 | +€104,809 | +17.8% |
| Fixed assets | 21/28 | €42,503 | €32,507 | -€9,996 | -23.5% |
| Tangible fixed assets | 22/27 | €42,503 | €32,507 | -€9,996 | -23.5% |
| Plant, machinery and equipment | 23 | - | €1,627 | +€1,627 | |
| Furniture and vehicles | 24 | €42,503 | €30,880 | -€11,624 | -27.3% |
| Current assets | 29/58 | €545,930 | €660,736 | +€114,805 | +21.0% |
| Amounts receivable within one year | 40/41 | €18,169 | €31,280 | +€13,111 | +72.2% |
| Trade receivables | 40 | €16,057 | €31,280 | +€15,223 | +94.8% |
| Other amounts receivable | 41 | €2,112 | €0 | -€2,112 | -100.0% |
| Cash at bank and in hand | 54/58 | €527,761 | €629,456 | +€101,694 | +19.3% |
| Total equity and liabilities | 10/49 | €588,434 | €693,243 | +€104,809 | +17.8% |
| Equity | 10/15 | €548,046 | €672,902 | +€124,856 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €463,452 | €588,308 | +€124,856 | +26.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €461,592 | €586,448 | +€124,856 | +27.0% |
| Profit (loss) carried forward | 14 | €65,994 | €65,994 | = | 0.0% |
| Amounts payable | 17/49 | €40,388 | €20,341 | -€20,048 | -49.6% |
| Amounts payable within one year | 42/48 | €40,388 | €20,341 | -€20,048 | -49.6% |
| Trade debts | 44 | €26 | €232 | +€206 | +801.3% |
| Suppliers | 440/4 | €26 | €232 | +€206 | +801.3% |
| Taxes, remuneration and social security | 45 | €33,798 | €13,945 | -€19,854 | -58.7% |
| Taxes | 450/3 | €33,798 | €13,945 | -€19,854 | -58.7% |
| Other amounts payable | 47/48 | €6,564 | €6,164 | -€400 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,487 | €11,941 | -€2,546 | -17.6% |
| Other operating charges | 640/8 | €292 | €610 | +€317 | +108.4% |
| Gross operating margin | 9900 | €130,523 | €172,889 | +€42,366 | +32.5% |
| Operating profit (loss) | 9901 | €115,743 | €160,338 | +€44,595 | +38.5% |
| Financial income | 75/76B | €759 | €2,485 | +€1,726 | +227.3% |
| Recurring financial income | 75 | €759 | €2,485 | +€1,726 | +227.3% |
| Financial charges | 65/66B | €118 | €118 | -€1 | -0.5% |
| Recurring financial charges | 65 | €118 | €118 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €116,384 | €162,705 | +€46,321 | +39.8% |
| Income taxes | 67/77 | €37,451 | €37,848 | +€397 | +1.1% |
| Profit (loss) for the period | 9904 | €78,933 | €124,856 | +€45,924 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,933 | €124,856 | +€45,924 | +58.2% |
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 5 October 2026 via checked.be.