COCHET PIERRE: what changed
What changed
COCHET PIERRE
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
-€43,336
2024 · -€77,556+€34,220
Equity
€191,472
2024 · €236,620-€45,148
Cash
€5,124
2024 · €4,188+€936
Balance sheet total
€679,798
2024 · €792,339-€112,541
Largest movements
Assets
- Tangible fixed assets -€50,489
down €50,489 (-12.3%), from €412,115 to €361,627
of which Plant, machinery and equipment: -€39,671
- Stocks and contracts -€39,312
down €39,312 (-15.8%), from €248,547 to €209,235
- Receivables within one year -€25,321
down €25,321 (-21.0%), from €120,341 to €95,019
of which Trade receivables: -€36,125
Equity and liabilities
- Accrued charges and deferred income +€56,549
up €56,549 (+36.4%), from €155,526 to €212,075
- Debts after one year -€48,259
down €48,259 (-25.1%), from €192,540 to €144,282
- Profit (loss) carried forward -€43,336
down €43,336 (-39.7%), from -€109,107 to -€152,442
- Tax, wage and social debts -€29,629
down €29,629 (-40.8%), from €72,692 to €43,063
of which Taxes: -€17,019
- Short-term financial debts -€26,462
down €26,462 (-91.0%), from €29,083 to €2,621
Income statement
- Staff costs -€55,377
down €55,377 (-24.1%), from €230,047 to €174,671
- Gross operating margin -€17,692
down €17,692 (-7.6%), from €233,419 to €215,727
- Financial income -€3,232
down €3,232 (-63.8%), from €5,067 to €1,835
of which Non-recurring financial income: -€2,322
- Depreciation +€2,871
up €2,871 (+4.5%), from €64,403 to €67,275
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€77,556
Gross operating margin
-€17,692
Staff costs
+€55,377
Depreciation
-€2,871
Other operating charges
-€184
Other operating items
+€1,274
Financial income
-€3,232
Financial charges
+€1,590
Taxes
-€41
Result 2025
-€43,336
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€97,606
Investment
-€16,786
Financing
-€79,883
Cash 2024
€4,188
From operations (derived)
+€97,606
Net result for the year
-€43,336
Depreciation
+€67,275
Stocks and contracts
+€39,312
Receivables within one year
+€25,321
Deferred charges and accrued income
-€1,645
Trade debts
-€15,602
Tax, wage and social debts
-€29,629
Advances received
-€640
Accrued charges and deferred income
+€56,549
Investment (derived)
-€16,786
Investment in fixed assets (net)
-€16,786
Financing
-€79,883
Debts after one year
-€48,259
Current portion of long-term debt
-€3,351
Short-term financial debts
-€26,462
Contributions, distributions and other
-€1,812
Cash 2025
€5,124
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €792,339 | €679,798 | -€112,541 | -14.2% |
| Fixed assets | 21/28 | €412,615 | €362,127 | -€50,489 | -12.2% |
| Tangible fixed assets | 22/27 | €412,115 | €361,627 | -€50,489 | -12.3% |
| Land and buildings | 22 | €175,230 | €175,230 | = | 0.0% |
| Plant, machinery and equipment | 23 | €184,741 | €145,071 | -€39,671 | -21.5% |
| Furniture and vehicles | 24 | €51,185 | €41,204 | -€9,980 | -19.5% |
| Other tangible fixed assets | 26 | €960 | €122 | -€838 | -87.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €379,723 | €317,671 | -€62,052 | -16.3% |
| Stocks and contracts in progress | 3 | €248,547 | €209,235 | -€39,312 | -15.8% |
| Stocks | 30/36 | €248,547 | €209,235 | -€39,312 | -15.8% |
| Amounts receivable within one year | 40/41 | €120,341 | €95,019 | -€25,321 | -21.0% |
| Trade receivables | 40 | €111,089 | €74,964 | -€36,125 | -32.5% |
| Other amounts receivable | 41 | €9,252 | €20,056 | +€10,804 | +117% |
| Cash at bank and in hand | 54/58 | €4,188 | €5,124 | +€936 | +22.4% |
| Deferred charges and accrued income | 490/1 | €6,648 | €8,293 | +€1,645 | +24.7% |
| Total equity and liabilities | 10/49 | €792,339 | €679,798 | -€112,541 | -14.2% |
| Equity | 10/15 | €236,620 | €191,472 | -€45,148 | -19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €322,860 | €322,860 | = | 0.0% |
| Distributable reserves | 133 | €322,860 | €322,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,107 | -€152,442 | -€43,336 | -39.7% |
| Investment grants | 15 | €4,267 | €2,455 | -€1,812 | -42.5% |
| Amounts payable | 17/49 | €555,719 | €488,326 | -€67,393 | -12.1% |
| Amounts payable after more than one year | 17 | €192,540 | €144,282 | -€48,259 | -25.1% |
| Financial debts | 170/4 | €192,540 | €144,282 | -€48,259 | -25.1% |
| Amounts payable within one year | 42/48 | €207,653 | €131,969 | -€75,683 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €64,966 | €61,615 | -€3,351 | -5.2% |
| Financial debts | 43 | €29,083 | €2,621 | -€26,462 | -91.0% |
| Credit institutions | 430/8 | €29,083 | €2,621 | -€26,462 | -91.0% |
| Trade debts | 44 | €39,845 | €24,243 | -€15,602 | -39.2% |
| Suppliers | 440/4 | €39,845 | €24,243 | -€15,602 | -39.2% |
| Advances received on contracts in progress | 46 | €1,067 | €427 | -€640 | -60.0% |
| Taxes, remuneration and social security | 45 | €72,692 | €43,063 | -€29,629 | -40.8% |
| Taxes | 450/3 | €45,098 | €28,078 | -€17,019 | -37.7% |
| Remuneration and social security | 454/9 | €27,594 | €14,985 | -€12,609 | -45.7% |
| Accrued charges and deferred income | 492/3 | €155,526 | €212,075 | +€56,549 | +36.4% |
| Non-recurring operating income | 76A | - | €82 | +€82 | |
| Remuneration, social security and pensions | 62 | €230,047 | €174,671 | -€55,377 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,403 | €67,275 | +€2,871 | +4.5% |
| Other operating charges | 640/8 | €6,338 | €6,522 | +€184 | +2.9% |
| Non-recurring operating charges | 66A | €1,274 | - | -€1,274 | |
| Gross operating margin | 9900 | €233,419 | €215,727 | -€17,692 | -7.6% |
| Operating profit (loss) | 9901 | -€68,644 | -€32,740 | +€35,904 | +52.3% |
| Financial income | 75/76B | €5,067 | €1,835 | -€3,232 | -63.8% |
| Recurring financial income | 75 | €2,745 | €1,835 | -€910 | -33.2% |
| Non-recurring financial income | 76B | €2,322 | - | -€2,322 | |
| Financial charges | 65/66B | €13,578 | €11,988 | -€1,590 | -11.7% |
| Recurring financial charges | 65 | €13,578 | €11,988 | -€1,590 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€77,154 | -€42,893 | +€34,261 | +44.4% |
| Income taxes | 67/77 | €402 | €443 | +€41 | +10.3% |
| Profit (loss) for the period | 9904 | -€77,556 | -€43,336 | +€34,220 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,556 | -€43,336 | +€34,220 | +44.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.