Coco BSC: 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.
Coco BSC
Largest movements
- Stocks and contracts -€131,576
down €131,576 (-100.0%), from €131,576 to €0
- Tangible fixed assets -€115,398
down €115,398 (-100.0%), from €115,398 to €0
of which Land and buildings: -€72,515
- Intangible fixed assets -€23,385
down €23,385 (-100.0%), from €23,385 to €0
- Receivables within one year +€7,113
up €7,113 (+5.6%), from €127,608 to €134,721
of which Other amounts receivable: +€128,321
- Cash -€5,010
down €5,010 (-32.3%), from €15,513 to €10,503
mainly Net result for the year (-€168,561) and Other debts (-€51,405)
- Profit (loss) carried forward -€168,552
down €168,552 (-411.7%), from -€40,938 to -€209,490
- Other debts -€51,405
down €51,405 (-100.0%), from €51,405 to €0
- Debts after one year -€32,308
down €32,308 (-30.4%), from €106,348 to €74,040
- Advances received -€32,291
down €32,291 (-26.7%), from €121,092 to €88,801
- Accrued charges and deferred income +€15,473
up €15,473 (+773.7%), from €2,000 to €17,473
- Gross operating margin -€188,191
down €188,191 (-61.6%), from €305,370 to €117,178
- Staff costs -€79,526
down €79,526 (-31.0%), from €256,687 to €177,162
- Write-downs +€71,576
new in 2025: €71,576
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 | €414,825 | €145,315 | -€269,510 | -65.0% |
| Fixed assets | 21/28 | €138,784 | €0 | -€138,784 | -100.0% |
| Intangible fixed assets | 21 | €23,385 | €0 | -€23,385 | -100.0% |
| Tangible fixed assets | 22/27 | €115,398 | €0 | -€115,398 | -100.0% |
| Land and buildings | 22 | €72,515 | €0 | -€72,515 | -100.0% |
| Plant, machinery and equipment | 23 | €32,296 | €0 | -€32,296 | -100.0% |
| Furniture and vehicles | 24 | €10,587 | €0 | -€10,587 | -100.0% |
| Current assets | 29/58 | €276,042 | €145,315 | -€130,727 | -47.4% |
| Stocks and contracts in progress | 3 | €131,576 | €0 | -€131,576 | -100.0% |
| Stocks | 30/36 | €131,576 | €0 | -€131,576 | -100.0% |
| Amounts receivable within one year | 40/41 | €127,608 | €134,721 | +€7,113 | +5.6% |
| Trade receivables | 40 | €121,220 | €11 | -€121,209 | -100.0% |
| Other amounts receivable | 41 | €6,388 | €134,710 | +€128,321 | +2008.7% |
| Cash at bank and in hand | 54/58 | €15,513 | €10,503 | -€5,010 | -32.3% |
| Deferred charges and accrued income | 490/1 | €1,344 | €91 | -€1,253 | -93.2% |
| Total equity and liabilities | 10/49 | €414,825 | €145,315 | -€269,510 | -65.0% |
| Equity | 10/15 | -€22,338 | -€190,890 | -€168,552 | -754.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,938 | -€209,490 | -€168,552 | -411.7% |
| Amounts payable | 17/49 | €437,163 | €336,204 | -€100,958 | -23.1% |
| Amounts payable after more than one year | 17 | €106,348 | €74,040 | -€32,308 | -30.4% |
| Financial debts | 170/4 | €106,348 | €74,040 | -€32,308 | -30.4% |
| Amounts payable within one year | 42/48 | €328,815 | €244,691 | -€84,124 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €30,940 | €32,308 | +€1,368 | +4.4% |
| Financial debts | 43 | €2,061 | €2,061 | = | 0.0% |
| Credit institutions | 430/8 | €2,061 | €2,061 | = | 0.0% |
| Trade debts | 44 | €58,013 | €61,970 | +€3,958 | +6.8% |
| Suppliers | 440/4 | €58,013 | €61,970 | +€3,958 | +6.8% |
| Advances received on contracts in progress | 46 | €121,092 | €88,801 | -€32,291 | -26.7% |
| Taxes, remuneration and social security | 45 | €65,305 | €59,552 | -€5,753 | -8.8% |
| Taxes | 450/3 | €24,147 | €56,707 | +€32,560 | +134.8% |
| Remuneration and social security | 454/9 | €41,158 | €2,845 | -€38,313 | -93.1% |
| Other amounts payable | 47/48 | €51,405 | €0 | -€51,405 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,000 | €17,473 | +€15,473 | +773.7% |
| Remuneration, social security and pensions | 62 | €256,687 | €177,162 | -€79,526 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,085 | €26,872 | +€2,787 | +11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €71,576 | +€71,576 | |
| Other operating charges | 640/8 | €507 | €1,456 | +€949 | +187.2% |
| Gross operating margin | 9900 | €305,370 | €117,178 | -€188,191 | -61.6% |
| Operating profit (loss) | 9901 | €24,090 | -€159,887 | -€183,977 | |
| Financial income | 75/76B | €348 | €408 | +€60 | +17.3% |
| Recurring financial income | 75 | €348 | €408 | +€60 | +17.3% |
| Financial charges | 65/66B | €10,083 | €9,082 | -€1,001 | -9.9% |
| Recurring financial charges | 65 | €10,083 | €9,082 | -€1,001 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €14,355 | -€168,561 | -€182,916 | |
| Profit (loss) for the period | 9904 | €14,355 | -€168,561 | -€182,916 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,355 | -€168,561 | -€182,916 |
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 2 October 2026 via checked.be.