Cockaert Design: 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.
Cockaert Design
Largest movements
- Tangible fixed assets -€477,054
down €477,054 (-15.9%), from €3.0m to €2.5m
of which Plant, machinery and equipment: -€309,734
- Cash +€417,173
up €417,173 (+56.3%), from €741,049 to €1.2m
mainly Depreciation (+€489,607) and Receivables within one year (+€275,632)
- Receivables within one year -€275,632
down €275,632 (-28.1%), from €980,868 to €705,236
of which Other amounts receivable: -€199,260
- Debts after one year -€142,095
down €142,095 (-23.6%), from €603,047 to €460,952
- Trade debts -€96,795
down €96,795 (-71.0%), from €136,340 to €39,546
- Accrued charges and deferred income -€84,000
down €84,000 (-100%), from €84,000 to €0
- Gross operating margin -€302,945
down €302,945 (-14.8%), from €2.0m to €1.7m
- Depreciation -€133,349
down €133,349 (-21.4%), from €622,956 to €489,607
- Staff costs -€44,540
down €44,540 (-3.4%), from €1.3m to €1.3m
- Financial income +€30,023
up €30,023 (+223%), from €13,462 to €43,485
- Taxes -€21,511
down €21,511 (-90.0%), from €23,905 to €2,394
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.
Derived cash bridge
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 | €6,361,313 | €5,995,146 | -€366,167 | -5.8% |
| Fixed assets | 21/28 | €3,003,871 | €2,526,816 | -€477,054 | -15.9% |
| Tangible fixed assets | 22/27 | €3,002,621 | €2,525,566 | -€477,054 | -15.9% |
| Land and buildings | 22 | €1,136,391 | €1,051,390 | -€85,001 | -7.5% |
| Plant, machinery and equipment | 23 | €1,646,350 | €1,336,615 | -€309,734 | -18.8% |
| Furniture and vehicles | 24 | €219,880 | €137,561 | -€82,319 | -37.4% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €3,357,443 | €3,468,330 | +€110,887 | +3.3% |
| Stocks and contracts in progress | 3 | €1,635,525 | €1,601,395 | -€34,131 | -2.1% |
| Stocks | 30/36 | €1,635,525 | €1,601,395 | -€34,131 | -2.1% |
| Amounts receivable within one year | 40/41 | €980,868 | €705,236 | -€275,632 | -28.1% |
| Trade receivables | 40 | €709,697 | €633,325 | -€76,371 | -10.8% |
| Other amounts receivable | 41 | €271,171 | €71,911 | -€199,260 | -73.5% |
| Cash at bank and in hand | 54/58 | €741,049 | €1,158,222 | +€417,173 | +56.3% |
| Deferred charges and accrued income | 490/1 | - | €3,477 | +€3,477 | |
| Total equity and liabilities | 10/49 | €6,361,313 | €5,995,146 | -€366,167 | -5.8% |
| Equity | 10/15 | €4,424,569 | €4,365,662 | -€58,907 | -1.3% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €4,300,569 | €4,241,662 | -€58,907 | -1.4% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €4,244,319 | €4,185,412 | -€58,907 | -1.4% |
| Amounts payable | 17/49 | €1,936,744 | €1,629,484 | -€307,260 | -15.9% |
| Amounts payable after more than one year | 17 | €603,047 | €460,952 | -€142,095 | -23.6% |
| Financial debts | 170/4 | €603,047 | €460,952 | -€142,095 | -23.6% |
| Amounts payable within one year | 42/48 | €1,249,697 | €1,168,533 | -€81,165 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €165,521 | €142,095 | -€23,426 | -14.2% |
| Trade debts | 44 | €136,340 | €39,546 | -€96,795 | -71.0% |
| Suppliers | 440/4 | €136,340 | €39,546 | -€96,795 | -71.0% |
| Advances received on contracts in progress | 46 | €671,157 | €678,484 | +€7,327 | +1.1% |
| Taxes, remuneration and social security | 45 | €276,679 | €308,408 | +€31,730 | +11.5% |
| Taxes | 450/3 | €167,676 | €146,703 | -€20,973 | -12.5% |
| Remuneration and social security | 454/9 | €109,003 | €161,706 | +€52,703 | +48.4% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €84,000 | €0 | -€84,000 | -100% |
| Non-recurring operating income | 76A | €5,108 | - | -€5,108 | |
| Remuneration, social security and pensions | 62 | €1,307,879 | €1,263,339 | -€44,540 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €622,956 | €489,607 | -€133,349 | -21.4% |
| Other operating charges | 640/8 | €59,803 | €62,484 | +€2,681 | +4.5% |
| Gross operating margin | 9900 | €2,042,169 | €1,739,224 | -€302,945 | -14.8% |
| Operating profit (loss) | 9901 | €51,531 | -€76,206 | -€127,737 | |
| Financial income | 75/76B | €13,462 | €43,485 | +€30,023 | +223% |
| Recurring financial income | 75 | €13,462 | €43,485 | +€30,023 | +223% |
| Financial charges | 65/66B | €20,456 | €23,792 | +€3,336 | +16.3% |
| Recurring financial charges | 65 | €20,456 | €23,792 | +€3,336 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €44,537 | -€56,513 | -€101,050 | |
| Income taxes | 67/77 | €23,905 | €2,394 | -€21,511 | -90.0% |
| Profit (loss) for the period | 9904 | €20,631 | -€58,907 | -€79,539 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,631 | -€58,907 | -€79,539 |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.