COCKY: 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.
What changed
COCKY
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,795
2024 · €25,420-€17,624
Equity
€6.8m
2024 · €6.8m+€7,795
Cash
€113,680
2024 · €249,874-€136,193
Balance sheet total
€10.7m
2024 · €11.2m-€486,074
Largest movements
Assets
- Receivables within one year -€343,698
down €343,698 (-3.3%), from €10.5m to €10.2m
of which Other amounts receivable: -€646,744
- Cash -€136,193
down €136,193 (-54.5%), from €249,874 to €113,680
mainly Other debts (-€404,458) and Trade debts (-€66,701)
Equity and liabilities
- Other debts -€404,458
down €404,458 (-10.6%), from €3.8m to €3.4m
Income statement
- Staff costs -€167,607
down €167,607 (-14.4%), from €1.2m to €997,334
- Gross operating margin -€69,933
down €69,933 (-5.9%), from €1.2m to €1.1m
- Taxes +€59,783
up €59,783, from -€38,017 to €21,765
- Financial charges +€50,172
up €50,172 (+23.3%), from €215,638 to €265,810
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.
Result 2024
€25,420
Gross operating margin
-€69,933
Staff costs
+€167,607
Depreciation
-€4,568
Other operating charges
-€394
Financial income
-€382
Financial charges
-€50,172
Taxes
-€59,783
Result 2025
€7,795
raises the resultlowers the result
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.
From operations
-€53,779
Investment
-€42,951
Financing
-€39,464
Cash 2024
€249,874
From operations (derived)
-€53,779
Net result for the year
+€7,795
Depreciation
+€71,711
Receivables within one year
+€343,698
Deferred charges and accrued income
-€22,577
Trade debts
-€66,701
Tax, wage and social debts
-€11,604
Other debts
-€404,458
Accrued charges and deferred income
+€28,357
Investment (derived)
-€42,951
Investment in fixed assets (net)
-€42,951
Financing
-€39,464
Debts after one year
-€17,124
Current portion of long-term debt
-€22,340
Cash 2025
€113,680
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,214,219 | €10,728,144 | -€486,074 | -4.3% |
| Fixed assets | 21/28 | €178,894 | €150,134 | -€28,760 | -16.1% |
| Intangible fixed assets | 21 | €38,553 | €29,152 | -€9,401 | -24.4% |
| Tangible fixed assets | 22/27 | €140,341 | €120,982 | -€19,359 | -13.8% |
| Land and buildings | 22 | €13,174 | €11,712 | -€1,462 | -11.1% |
| Plant, machinery and equipment | 23 | €4,119 | €9,535 | +€5,415 | +131% |
| Furniture and vehicles | 24 | €49,921 | €99,735 | +€49,815 | +99.8% |
| Leasing and similar rights | 25 | €73,127 | - | -€73,127 | |
| Current assets | 29/58 | €11,035,324 | €10,578,010 | -€457,314 | -4.1% |
| Amounts receivable within one year | 40/41 | €10,528,453 | €10,184,754 | -€343,698 | -3.3% |
| Trade receivables | 40 | €477,286 | €780,331 | +€303,045 | +63.5% |
| Other amounts receivable | 41 | €10,051,167 | €9,404,423 | -€646,744 | -6.4% |
| Cash at bank and in hand | 54/58 | €249,874 | €113,680 | -€136,193 | -54.5% |
| Deferred charges and accrued income | 490/1 | €256,998 | €279,575 | +€22,577 | +8.8% |
| Total equity and liabilities | 10/49 | €11,214,219 | €10,728,144 | -€486,074 | -4.3% |
| Equity | 10/15 | €6,777,872 | €6,785,667 | +€7,795 | +0.1% |
| Contributions | 10/11 | €316,064 | €316,064 | = | 0.0% |
| Capital | 10 | €316,064 | €316,064 | = | 0.0% |
| Issued capital | 100 | €316,064 | €316,064 | = | 0.0% |
| Reserves | 13 | €6,461,808 | €6,469,603 | +€7,795 | +0.1% |
| Non-distributable reserves | 130/1 | €31,606 | €31,606 | = | 0.0% |
| Legal reserve | 130 | €31,606 | €31,606 | = | 0.0% |
| Distributable reserves | 133 | €6,430,201 | €6,437,997 | +€7,795 | +0.1% |
| Amounts payable | 17/49 | €4,436,347 | €3,942,477 | -€493,870 | -11.1% |
| Amounts payable after more than one year | 17 | €158,774 | €141,649 | -€17,124 | -10.8% |
| Financial debts | 170/4 | €158,774 | €141,649 | -€17,124 | -10.8% |
| Amounts payable within one year | 42/48 | €4,214,687 | €3,709,584 | -€505,103 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €36,664 | €14,324 | -€22,340 | -60.9% |
| Trade debts | 44 | €83,956 | €17,255 | -€66,701 | -79.4% |
| Suppliers | 440/4 | €83,956 | €17,255 | -€66,701 | -79.4% |
| Taxes, remuneration and social security | 45 | €276,306 | €264,702 | -€11,604 | -4.2% |
| Taxes | 450/3 | €53,942 | €68,814 | +€14,872 | +27.6% |
| Remuneration and social security | 454/9 | €222,364 | €195,887 | -€26,477 | -11.9% |
| Other amounts payable | 47/48 | €3,817,761 | €3,413,303 | -€404,458 | -10.6% |
| Accrued charges and deferred income | 492/3 | €62,886 | €91,243 | +€28,357 | +45.1% |
| Non-recurring operating income | 76A | €32,536 | €2,850 | -€29,686 | -91.2% |
| Remuneration, social security and pensions | 62 | €1,164,941 | €997,334 | -€167,607 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,143 | €71,711 | +€4,568 | +6.8% |
| Other operating charges | 640/8 | €968 | €1,361 | +€394 | +40.7% |
| Gross operating margin | 9900 | €1,188,624 | €1,118,691 | -€69,933 | -5.9% |
| Operating profit (loss) | 9901 | -€44,427 | €48,285 | +€92,712 | |
| Financial income | 75/76B | €247,468 | €247,086 | -€382 | -0.2% |
| Recurring financial income | 75 | €247,468 | €247,086 | -€382 | -0.2% |
| Financial charges | 65/66B | €215,638 | €265,810 | +€50,172 | +23.3% |
| Recurring financial charges | 65 | €215,638 | €265,810 | +€50,172 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,597 | €29,561 | +€42,158 | |
| Income taxes | 67/77 | -€38,017 | €21,765 | +€59,783 | |
| Profit (loss) for the period | 9904 | €25,420 | €7,795 | -€17,624 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,420 | €7,795 | -€17,624 | -69.3% |
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 26 October 2026 via checked.be.