COCHES: 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.
COCHES
Largest movements
- Cash -€77,370
down €77,370 (-88.1%), from €87,800 to €10,431
mainly Contributions, distributions and other (-€107,572) and Tax, wage and social debts (-€8,297)
- Receivables within one year +€5,307
up €5,307 (+39.7%), from €13,371 to €18,677
of which Trade receivables: +€3,146
- Reserves -€86,031
down €86,031 (-100.0%), from €86,031 to €0
- Other debts +€21,541
new in 2025: €21,541
- Tax, wage and social debts -€8,297
down €8,297 (-40.9%), from €20,287 to €11,990
of which Taxes: -€8,297
- Trade debts +€1,702
up €1,702 (+1213.3%), from €140 to €1,842
- Gross operating margin -€17,853
down €17,853 (-34.7%), from €51,402 to €33,549
- Taxes -€2,436
down €2,436 (-23.7%), from €10,275 to €7,839
- Financial charges +€987
up €987 (+133.1%), from €741 to €1,728
- Other operating charges +€570
up €570 (+382.6%), from €149 to €719
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 | €109,459 | €38,372 | -€71,086 | -64.9% |
| Fixed assets | 21/28 | €8,042 | €8,880 | +€838 | +10.4% |
| Tangible fixed assets | 22/27 | €8,042 | €8,880 | +€838 | +10.4% |
| Furniture and vehicles | 24 | €3,481 | €4,701 | +€1,220 | +35.0% |
| Other tangible fixed assets | 26 | €4,561 | €4,179 | -€382 | -8.4% |
| Current assets | 29/58 | €101,417 | €29,492 | -€71,924 | -70.9% |
| Amounts receivable within one year | 40/41 | €13,371 | €18,677 | +€5,307 | +39.7% |
| Trade receivables | 40 | €13,371 | €16,517 | +€3,146 | +23.5% |
| Other amounts receivable | 41 | - | €2,161 | +€2,161 | |
| Cash at bank and in hand | 54/58 | €87,800 | €10,431 | -€77,370 | -88.1% |
| Deferred charges and accrued income | 490/1 | €246 | €384 | +€139 | +56.4% |
| Total equity and liabilities | 10/49 | €109,459 | €38,372 | -€71,086 | -64.9% |
| Equity | 10/15 | €89,031 | €3,000 | -€86,031 | -96.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €86,031 | €0 | -€86,031 | -100.0% |
| Distributable reserves | 133 | €86,031 | €0 | -€86,031 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,427 | €35,372 | +€14,945 | +73.2% |
| Amounts payable within one year | 42/48 | €20,427 | €35,372 | +€14,945 | +73.2% |
| Trade debts | 44 | €140 | €1,842 | +€1,702 | +1213.3% |
| Suppliers | 440/4 | €140 | €1,842 | +€1,702 | +1213.3% |
| Taxes, remuneration and social security | 45 | €20,287 | €11,990 | -€8,297 | -40.9% |
| Taxes | 450/3 | €17,637 | €9,340 | -€8,297 | -47.0% |
| Remuneration and social security | 454/9 | €2,650 | €2,650 | = | 0.0% |
| Other amounts payable | 47/48 | - | €21,541 | +€21,541 | |
| Non-recurring operating income | 76A | - | €2,807 | +€2,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,795 | €1,721 | -€74 | -4.1% |
| Other operating charges | 640/8 | €149 | €719 | +€570 | +382.6% |
| Gross operating margin | 9900 | €51,402 | €33,549 | -€17,853 | -34.7% |
| Operating profit (loss) | 9901 | €49,457 | €31,108 | -€18,349 | -37.1% |
| Financial charges | 65/66B | €741 | €1,728 | +€987 | +133.1% |
| Recurring financial charges | 65 | €741 | €1,728 | +€987 | +133.1% |
| Profit (loss) for the period before taxes | 9903 | €48,716 | €29,380 | -€19,336 | -39.7% |
| Income taxes | 67/77 | €10,275 | €7,839 | -€2,436 | -23.7% |
| Profit (loss) for the period | 9904 | €38,441 | €21,541 | -€16,900 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,441 | €21,541 | -€16,900 | -44.0% |
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 10 October 2026 via checked.be.