COCLICO: 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.
COCLICO
Largest movements
- Cash +€205,790
up €205,790 (+325.8%), from €63,160 to €268,950
mainly Net result for the year (+€297,495) and Other debts (+€35,502)
- Tangible fixed assets +€65,546
up €65,546 (+4.6%), from €1.4m to €1.5m
of which Assets under construction and advance payments: +€91,452
- Receivables within one year +€48,034
up €48,034 (+67.3%), from €71,346 to €119,380
of which Trade receivables: +€48,034
- Profit (loss) carried forward +€297,495
up €297,495 (+58.9%), from €505,356 to €802,851
- Other debts +€35,502
up €35,502 (+5.8%), from €608,921 to €644,423
- Debts after one year -€27,995
down €27,995 (-20.7%), from €135,474 to €107,479
- Tax, wage and social debts +€26,283
up €26,283 (+74.7%), from €35,170 to €61,453
of which Taxes: +€42,805
- Gross operating margin +€170,206
up €170,206 (+54.8%), from €310,552 to €480,758
- Taxes +€55,580
up €55,580 (+111.5%), from €49,833 to €105,414
- Depreciation -€19,379
down €19,379 (-42.8%), from €45,285 to €25,906
- Financial charges +€8,580
up €8,580 (+25.4%), from €33,806 to €42,386
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 | €1,560,772 | €1,878,913 | +€318,141 | +20.4% |
| Fixed assets | 21/28 | €1,424,087 | €1,489,633 | +€65,546 | +4.6% |
| Tangible fixed assets | 22/27 | €1,422,587 | €1,488,133 | +€65,546 | +4.6% |
| Other tangible fixed assets | 26 | €1,331,502 | €1,305,595 | -€25,906 | -1.9% |
| Assets under construction and advance payments | 27 | €91,086 | €182,538 | +€91,452 | +100.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €136,685 | €389,280 | +€252,595 | +184.8% |
| Amounts receivable within one year | 40/41 | €71,346 | €119,380 | +€48,034 | +67.3% |
| Trade receivables | 40 | €24,200 | €72,234 | +€48,034 | +198.5% |
| Other amounts receivable | 41 | €47,146 | €47,146 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €63,160 | €268,950 | +€205,790 | +325.8% |
| Deferred charges and accrued income | 490/1 | €2,179 | €950 | -€1,229 | -56.4% |
| Total equity and liabilities | 10/49 | €1,560,772 | €1,878,913 | +€318,141 | +20.4% |
| Equity | 10/15 | €684,532 | €982,027 | +€297,495 | +43.5% |
| Contributions | 10/11 | €24,960 | €24,960 | = | 0.0% |
| Reserves | 13 | €154,216 | €154,216 | = | 0.0% |
| Distributable reserves | 133 | €154,216 | €154,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | €505,356 | €802,851 | +€297,495 | +58.9% |
| Amounts payable | 17/49 | €876,240 | €896,886 | +€20,645 | +2.4% |
| Amounts payable after more than one year | 17 | €135,474 | €107,479 | -€27,995 | -20.7% |
| Financial debts | 170/4 | €135,474 | €107,479 | -€27,995 | -20.7% |
| Amounts payable within one year | 42/48 | €733,392 | €785,406 | +€52,015 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €27,815 | €27,995 | +€179 | +0.6% |
| Financial debts | 43 | €54,677 | €37,713 | -€16,963 | -31.0% |
| Credit institutions | 430/8 | €54,677 | €37,713 | -€16,963 | -31.0% |
| Trade debts | 44 | €6,809 | €13,823 | +€7,014 | +103.0% |
| Suppliers | 440/4 | €6,809 | €13,823 | +€7,014 | +103.0% |
| Taxes, remuneration and social security | 45 | €35,170 | €61,453 | +€26,283 | +74.7% |
| Taxes | 450/3 | €18,647 | €61,453 | +€42,805 | +229.6% |
| Remuneration and social security | 454/9 | €16,523 | - | -€16,523 | |
| Other amounts payable | 47/48 | €608,921 | €644,423 | +€35,502 | +5.8% |
| Accrued charges and deferred income | 492/3 | €7,374 | €4,000 | -€3,374 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,285 | €25,906 | -€19,379 | -42.8% |
| Other operating charges | 640/8 | €10,097 | €9,904 | -€193 | -1.9% |
| Gross operating margin | 9900 | €310,552 | €480,758 | +€170,206 | +54.8% |
| Operating profit (loss) | 9901 | €255,170 | €444,948 | +€189,778 | +74.4% |
| Financial income | 75/76B | €1,119 | €347 | -€772 | -69.0% |
| Recurring financial income | 75 | €1,119 | €347 | -€772 | -69.0% |
| Financial charges | 65/66B | €33,806 | €42,386 | +€8,580 | +25.4% |
| Recurring financial charges | 65 | €33,806 | €42,386 | +€8,580 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €222,484 | €402,909 | +€180,425 | +81.1% |
| Income taxes | 67/77 | €49,833 | €105,414 | +€55,580 | +111.5% |
| Profit (loss) for the period | 9904 | €172,650 | €297,495 | +€124,845 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €172,650 | €297,495 | +€124,845 | +72.3% |
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 1 October 2026 via checked.be.