COCIMAT: 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.
COCIMAT
Largest movements
- Tangible fixed assets +€176,299
up €176,299 (+82.5%), from €213,665 to €389,964
of which Furniture and vehicles: +€199,029
- Cash -€44,037
down €44,037 (-89.5%), from €49,206 to €5,169
mainly Investment in fixed assets (net) (-€260,756) and Tax, wage and social debts (-€24,000)
- Receivables within one year +€22,961
up €22,961 (+24.7%), from €92,834 to €115,795
of which Trade receivables: +€30,961
- Stocks and contracts +€5,691
up €5,691 (+1422.8%), from €400 to €6,091
- Debts after one year +€135,520
up €135,520 (+143.3%), from €94,591 to €230,111
- Current portion of long-term debt +€29,002
up €29,002 (+57.0%), from €50,863 to €79,865
- Trade debts +€24,240
up €24,240 (+128.7%), from €18,839 to €43,079
- Tax, wage and social debts -€24,000
down €24,000 (-67.8%), from €35,404 to €11,404
of which Taxes: -€14,106
- Other debts +€14,747
up €14,747 (+43.7%), from €33,767 to €48,514
- Depreciation +€42,643
up €42,643 (+108.5%), from €39,314 to €81,957
- Gross operating margin -€31,678
down €31,678 (-16.8%), from €188,542 to €156,864
- Staff costs -€15,688
down €15,688 (-17.8%), from €88,381 to €72,693
- Taxes -€8,569
down €8,569 (-95.4%), from €8,978 to €409
- Financial income +€3,976
up €3,976 (+39760.0%), from €10 to €3,986
of which Non-recurring financial income: +€3,971
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 | €358,071 | €523,760 | +€165,689 | +46.3% |
| Fixed assets | 21/28 | €213,931 | €392,730 | +€178,799 | +83.6% |
| Tangible fixed assets | 22/27 | €213,665 | €389,964 | +€176,299 | +82.5% |
| Land and buildings | 22 | €31,947 | €39,577 | +€7,630 | +23.9% |
| Plant, machinery and equipment | 23 | €13,411 | €12,154 | -€1,257 | -9.4% |
| Furniture and vehicles | 24 | €24,314 | €223,343 | +€199,029 | +818.6% |
| Leasing and similar rights | 25 | €143,993 | €114,890 | -€29,103 | -20.2% |
| Financial fixed assets | 28 | €266 | €2,766 | +€2,500 | +939.8% |
| Current assets | 29/58 | €144,140 | €131,030 | -€13,110 | -9.1% |
| Stocks and contracts in progress | 3 | €400 | €6,091 | +€5,691 | +1422.8% |
| Stocks | 30/36 | €400 | €6,091 | +€5,691 | +1422.8% |
| Amounts receivable within one year | 40/41 | €92,834 | €115,795 | +€22,961 | +24.7% |
| Trade receivables | 40 | €84,801 | €115,762 | +€30,961 | +36.5% |
| Other amounts receivable | 41 | €8,033 | €33 | -€8,000 | -99.6% |
| Cash at bank and in hand | 54/58 | €49,206 | €5,169 | -€44,037 | -89.5% |
| Deferred charges and accrued income | 490/1 | €1,700 | €3,975 | +€2,275 | +133.8% |
| Total equity and liabilities | 10/49 | €358,071 | €523,760 | +€165,689 | +46.3% |
| Equity | 10/15 | €121,345 | €110,787 | -€10,558 | -8.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €2,200 | €2,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,685 | €88,127 | -€10,558 | -10.7% |
| Amounts payable | 17/49 | €236,726 | €412,973 | +€176,247 | +74.5% |
| Amounts payable after more than one year | 17 | €94,591 | €230,111 | +€135,520 | +143.3% |
| Financial debts | 170/4 | €94,591 | €230,111 | +€135,520 | +143.3% |
| Amounts payable within one year | 42/48 | €138,873 | €182,862 | +€43,989 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €50,863 | €79,865 | +€29,002 | +57.0% |
| Trade debts | 44 | €18,839 | €43,079 | +€24,240 | +128.7% |
| Suppliers | 440/4 | €18,839 | €43,079 | +€24,240 | +128.7% |
| Taxes, remuneration and social security | 45 | €35,404 | €11,404 | -€24,000 | -67.8% |
| Taxes | 450/3 | €18,790 | €4,684 | -€14,106 | -75.1% |
| Remuneration and social security | 454/9 | €16,614 | €6,720 | -€9,894 | -59.6% |
| Other amounts payable | 47/48 | €33,767 | €48,514 | +€14,747 | +43.7% |
| Accrued charges and deferred income | 492/3 | €3,262 | - | -€3,262 | |
| Remuneration, social security and pensions | 62 | €88,381 | €72,693 | -€15,688 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,314 | €81,957 | +€42,643 | +108.5% |
| Other operating charges | 640/8 | €3,572 | €3,696 | +€124 | +3.5% |
| Gross operating margin | 9900 | €188,542 | €156,864 | -€31,678 | -16.8% |
| Operating profit (loss) | 9901 | €57,275 | -€1,482 | -€58,757 | |
| Financial income | 75/76B | €10 | €3,986 | +€3,976 | +39760.0% |
| Recurring financial income | 75 | €10 | €5 | -€5 | -50.0% |
| Non-recurring financial income | 76B | €10 | €3,981 | +€3,971 | +39710.0% |
| Financial charges | 65/66B | €9,092 | €12,653 | +€3,561 | +39.2% |
| Recurring financial charges | 65 | €9,092 | €12,077 | +€2,985 | +32.8% |
| Non-recurring financial charges | 66B | - | €576 | +€576 | |
| Profit (loss) for the period before taxes | 9903 | €48,193 | -€10,149 | -€58,342 | |
| Income taxes | 67/77 | €8,978 | €409 | -€8,569 | -95.4% |
| Profit (loss) for the period | 9904 | €39,215 | -€10,558 | -€49,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,215 | -€10,558 | -€49,773 |
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.