COCHRI: 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.
COCHRI
Largest movements
- Tangible fixed assets +€54,160
up €54,160 (+38.2%), from €141,675 to €195,836
of which Plant, machinery and equipment: +€59,729
- Cash -€2,135
down €2,135 (-56.9%), from €3,753 to €1,618
mainly Investment in fixed assets (net) (-€90,549) and Net result for the year (-€10,807)
- Debts after one year +€44,251
up €44,251 (+283.8%), from €15,590 to €59,841
- Profit (loss) carried forward -€10,807
down €10,807 (-11.3%), from -€95,963 to -€106,771
- Current portion of long-term debt +€9,686
up €9,686, from €0 to €9,686
- Other debts +€7,825
up €7,825 (+4.7%), from €166,292 to €174,117
- Trade debts +€4,649
up €4,649 (+943.0%), from €493 to €5,142
- Gross operating margin -€5,543
down €5,543 (-15.0%), from €36,856 to €31,313
- Depreciation +€3,866
up €3,866 (+11.9%), from €32,523 to €36,389
- Financial charges +€921
up €921 (+52.9%), from €1,741 to €2,663
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 | €149,170 | €202,282 | +€53,111 | +35.6% |
| Fixed assets | 21/28 | €141,805 | €195,966 | +€54,160 | +38.2% |
| Tangible fixed assets | 22/27 | €141,675 | €195,836 | +€54,160 | +38.2% |
| Land and buildings | 22 | €136,984 | €131,415 | -€5,568 | -4.1% |
| Plant, machinery and equipment | 23 | €4,691 | €64,420 | +€59,729 | +1273.1% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €7,365 | €6,316 | -€1,049 | -14.2% |
| Amounts receivable within one year | 40/41 | €2,362 | €3,448 | +€1,086 | +46.0% |
| Trade receivables | 40 | €2,362 | €2,429 | +€67 | +2.8% |
| Other amounts receivable | 41 | - | €1,019 | +€1,019 | |
| Cash at bank and in hand | 54/58 | €3,753 | €1,618 | -€2,135 | -56.9% |
| Deferred charges and accrued income | 490/1 | €1,250 | €1,250 | = | 0.0% |
| Total equity and liabilities | 10/49 | €149,170 | €202,282 | +€53,111 | +35.6% |
| Equity | 10/15 | -€35,812 | -€46,619 | -€10,807 | -30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,951 | €53,951 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,465 | €18,465 | = | 0.0% |
| Distributable reserves | 133 | €35,487 | €35,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,963 | -€106,771 | -€10,807 | -11.3% |
| Amounts payable | 17/49 | €184,982 | €248,901 | +€63,919 | +34.6% |
| Amounts payable after more than one year | 17 | €15,590 | €59,841 | +€44,251 | +283.8% |
| Financial debts | 170/4 | €15,590 | €59,841 | +€44,251 | +283.8% |
| Amounts payable within one year | 42/48 | €169,392 | €189,060 | +€19,668 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,686 | +€9,686 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €493 | €5,142 | +€4,649 | +943.0% |
| Suppliers | 440/4 | €493 | €5,142 | +€4,649 | +943.0% |
| Taxes, remuneration and social security | 45 | €2,607 | €114 | -€2,492 | -95.6% |
| Taxes | 450/3 | €2,607 | €114 | -€2,492 | -95.6% |
| Other amounts payable | 47/48 | €166,292 | €174,117 | +€7,825 | +4.7% |
| Non-recurring operating income | 76A | €9,000 | €5,272 | -€3,728 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,523 | €36,389 | +€3,866 | +11.9% |
| Other operating charges | 640/8 | €3,327 | €3,069 | -€258 | -7.8% |
| Non-recurring operating charges | 66A | €93 | €0 | -€93 | -100.0% |
| Gross operating margin | 9900 | €36,856 | €31,313 | -€5,543 | -15.0% |
| Operating profit (loss) | 9901 | €913 | -€8,145 | -€9,058 | |
| Financial charges | 65/66B | €1,741 | €2,663 | +€921 | +52.9% |
| Recurring financial charges | 65 | €1,741 | €2,663 | +€921 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | -€828 | -€10,807 | -€9,979 | -1204.9% |
| Income taxes | 67/77 | €245 | €0 | -€245 | -100.0% |
| Profit (loss) for the period | 9904 | -€1,073 | -€10,807 | -€9,734 | -906.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,073 | -€10,807 | -€9,734 | -906.9% |
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 29 September 2026 via checked.be.