COCHET: 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.
COCHET
Largest movements
- Current investments +€84,193
up €84,193 (+26.2%), from €321,239 to €405,431
- Tangible fixed assets -€12,543
down €12,543 (-14.5%), from €86,793 to €74,250
of which Land and buildings: -€8,830
- Deferred charges and accrued income -€10,876
down €10,876 (-60.1%), from €18,087 to €7,210
- Receivables within one year -€8,686
down €8,686 (-99.1%), from €8,763 to €77
of which Trade receivables: -€6,988
- Reserves +€63,601
up €63,601 (+18.6%), from €341,871 to €405,472
- Trade debts -€8,517
down €8,517 (-76.4%), from €11,147 to €2,630
- Debts after one year -€8,223
down €8,223 (-15.0%), from €54,998 to €46,775
- Tax, wage and social debts +€7,510
up €7,510 (+1984.8%), from €378 to €7,888
- Gross operating margin +€72,116
up €72,116 (+248.6%), from €29,014 to €101,130
- Taxes +€20,975
up €20,975 (+599.0%), from €3,502 to €24,476
- Financial income +€2,999
up €2,999 (+125.6%), from €2,387 to €5,386
- Depreciation +€1,472
up €1,472 (+12.5%), from €11,779 to €13,250
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 | €434,912 | €489,085 | +€54,172 | +12.5% |
| Fixed assets | 21/28 | €86,793 | €74,250 | -€12,543 | -14.5% |
| Tangible fixed assets | 22/27 | €86,793 | €74,250 | -€12,543 | -14.5% |
| Land and buildings | 22 | €61,009 | €52,179 | -€8,830 | -14.5% |
| Plant, machinery and equipment | 23 | €1,474 | €412 | -€1,062 | -72.0% |
| Furniture and vehicles | 24 | €24,310 | €21,659 | -€2,651 | -10.9% |
| Current assets | 29/58 | €348,119 | €414,835 | +€66,716 | +19.2% |
| Amounts receivable within one year | 40/41 | €8,763 | €77 | -€8,686 | -99.1% |
| Trade receivables | 40 | €6,988 | - | -€6,988 | |
| Other amounts receivable | 41 | €1,775 | €77 | -€1,698 | -95.7% |
| Current investments | 50/53 | €321,239 | €405,431 | +€84,193 | +26.2% |
| Cash at bank and in hand | 54/58 | €31 | €2,116 | +€2,085 | +6735.3% |
| Deferred charges and accrued income | 490/1 | €18,087 | €7,210 | -€10,876 | -60.1% |
| Total equity and liabilities | 10/49 | €434,912 | €489,085 | +€54,172 | +12.5% |
| Equity | 10/15 | €348,121 | €411,722 | +€63,601 | +18.3% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €341,871 | €405,472 | +€63,601 | +18.6% |
| Distributable reserves | 133 | €341,871 | €405,472 | +€63,601 | +18.6% |
| Amounts payable | 17/49 | €86,791 | €77,363 | -€9,428 | -10.9% |
| Amounts payable after more than one year | 17 | €54,998 | €46,775 | -€8,223 | -15.0% |
| Financial debts | 170/4 | €54,998 | €46,775 | -€8,223 | -15.0% |
| Amounts payable within one year | 42/48 | €31,659 | €30,587 | -€1,072 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €7,882 | €8,223 | +€341 | +4.3% |
| Trade debts | 44 | €11,147 | €2,630 | -€8,517 | -76.4% |
| Suppliers | 440/4 | €11,147 | €2,630 | -€8,517 | -76.4% |
| Taxes, remuneration and social security | 45 | €378 | €7,888 | +€7,510 | +1984.8% |
| Taxes | 450/3 | €378 | €7,888 | +€7,510 | +1984.8% |
| Other amounts payable | 47/48 | €12,252 | €11,846 | -€406 | -3.3% |
| Accrued charges and deferred income | 492/3 | €133 | - | -€133 | |
| Remuneration, social security and pensions | 62 | €1,061 | €129 | -€933 | -87.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,779 | €13,250 | +€1,472 | +12.5% |
| Other operating charges | 640/8 | €1,856 | €1,498 | -€359 | -19.3% |
| Gross operating margin | 9900 | €29,014 | €101,130 | +€72,116 | +248.6% |
| Operating profit (loss) | 9901 | €14,317 | €86,253 | +€71,936 | +502.4% |
| Financial income | 75/76B | €2,387 | €5,386 | +€2,999 | +125.6% |
| Recurring financial income | 75 | €2,387 | €5,386 | +€2,999 | +125.6% |
| Financial charges | 65/66B | €4,478 | €3,562 | -€917 | -20.5% |
| Recurring financial charges | 65 | €4,478 | €3,562 | -€917 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €12,226 | €88,077 | +€75,851 | +620.4% |
| Income taxes | 67/77 | €3,502 | €24,476 | +€20,975 | +599.0% |
| Profit (loss) for the period | 9904 | €8,724 | €63,601 | +€54,877 | +629.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,724 | €63,601 | +€54,877 | +629.0% |
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 3 October 2026 via checked.be.