COCHIN: 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.
COCHIN
Largest movements
- Current assets +€17,397
up €17,397 (+18.0%), from €96,478 to €113,876
of which Receivables within one year: +€32,556
- Tangible fixed assets -€10,838
down €10,838 (-50.6%), from €21,440 to €10,601
- Debts within one year +€29,010
up €29,010 (+53.1%), from €54,633 to €83,643
- Equity -€22,451
down €22,451 (-35.5%), from €63,285 to €40,834
of which Reserves: -€22,451
- Gross operating margin -€46,761
down €46,761, from €36,156 to -€10,605
- Taxes -€4,027
down €4,027 (-100%), from €4,027 to €0
From the 2019 result to the 2020 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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,918 | €124,477 | +€6,559 | +5.6% |
| Fixed assets | 21/28 | €21,440 | €10,601 | -€10,838 | -50.6% |
| Tangible fixed assets | 22/27 | €21,440 | €10,601 | -€10,838 | -50.6% |
| Current assets | 29/58 | €96,478 | €113,876 | +€17,397 | +18.0% |
| Amounts receivable within one year | 40/41 | €76,018 | €108,573 | +€32,556 | +42.8% |
| Cash at bank and in hand | 54/58 | €19,262 | €5,258 | -€14,004 | -72.7% |
| Total equity and liabilities | 10/49 | €117,918 | €124,477 | +€6,559 | +5.6% |
| Equity | 10/15 | €63,285 | €40,834 | -€22,451 | -35.5% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €44,685 | €22,234 | -€22,451 | -50.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €54,633 | €83,643 | +€29,010 | +53.1% |
| Amounts payable within one year | 42/48 | €54,633 | €83,643 | +€29,010 | +53.1% |
| Trade debts | 44 | €13,714 | €3,213 | -€10,501 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,740 | €10,838 | +€98 | +0.9% |
| Gross operating margin | 9900 | €36,156 | -€10,605 | -€46,761 | |
| Operating profit (loss) | 9901 | €10,745 | -€22,350 | -€33,095 | |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Recurring financial charges | 65 | €195 | €101 | -€94 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €10,550 | -€22,451 | -€33,001 | |
| Income taxes | 67/77 | €4,027 | €0 | -€4,027 | -100% |
| Profit (loss) for the period | 9904 | €6,522 | -€22,451 | -€28,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,522 | -€22,451 | -€28,973 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.