COCO DE CREATION: what changed
COCO DE CREATION
Largest movements
- Tangible fixed assets -€27,107
down €27,107 (-27.8%), from €97,460 to €70,353
of which Land and buildings: -€17,082
- Receivables within one year -€13,276
down €13,276 (-79.5%), from €16,691 to €3,415
of which Trade receivables: -€13,230
- Cash +€11,376
up €11,376 (+5.0%), from €226,521 to €237,897
mainly Other debts (+€72,078) and Depreciation (+€27,107)
- Stocks and contracts -€10,230
down €10,230 (-36.1%), from €28,350 to €18,120
- Other debts +€72,078
new in 2025: €72,078
- Profit (loss) carried forward -€65,463
down €65,463 (-21.9%), from €299,075 to €233,612
- Trade debts -€49,426
down €49,426 (-90.0%), from €54,906 to €5,480
- Tax, wage and social debts +€5,833
up €5,833 (+77.9%), from €7,492 to €13,325
of which Taxes: +€5,833
- Gross operating margin -€13,151
down €13,151 (-26.9%), from €48,882 to €35,731
- Depreciation +€8,723
up €8,723 (+47.5%), from €18,384 to €27,107
- Other operating charges -€3,552
down €3,552 (-79.0%), from €4,495 to €943
- Taxes -€631
down €631 (-31.6%), from €2,000 to €1,369
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,799 | €333,821 | -€36,978 | -10.0% |
| Fixed assets | 21/28 | €97,460 | €70,353 | -€27,107 | -27.8% |
| Tangible fixed assets | 22/27 | €97,460 | €70,353 | -€27,107 | -27.8% |
| Land and buildings | 22 | €50,412 | €33,330 | -€17,082 | -33.9% |
| Furniture and vehicles | 24 | €47,048 | €37,024 | -€10,024 | -21.3% |
| Current assets | 29/58 | €273,339 | €263,467 | -€9,872 | -3.6% |
| Stocks and contracts in progress | 3 | €28,350 | €18,120 | -€10,230 | -36.1% |
| Stocks | 30/36 | €28,350 | €18,120 | -€10,230 | -36.1% |
| Amounts receivable within one year | 40/41 | €16,691 | €3,415 | -€13,276 | -79.5% |
| Trade receivables | 40 | €13,230 | - | -€13,230 | |
| Other amounts receivable | 41 | €3,461 | €3,415 | -€46 | -1.3% |
| Cash at bank and in hand | 54/58 | €226,521 | €237,897 | +€11,376 | +5.0% |
| Deferred charges and accrued income | 490/1 | €1,777 | €4,035 | +€2,258 | +127% |
| Total equity and liabilities | 10/49 | €370,799 | €333,821 | -€36,978 | -10.0% |
| Equity | 10/15 | €307,135 | €241,672 | -€65,463 | -21.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €299,075 | €233,612 | -€65,463 | -21.9% |
| Amounts payable | 17/49 | €63,664 | €92,149 | +€28,485 | +44.7% |
| Amounts payable within one year | 42/48 | €62,398 | €90,882 | +€28,484 | +45.6% |
| Trade debts | 44 | €54,906 | €5,480 | -€49,426 | -90.0% |
| Suppliers | 440/4 | €54,906 | €5,480 | -€49,426 | -90.0% |
| Taxes, remuneration and social security | 45 | €7,492 | €13,325 | +€5,833 | +77.9% |
| Taxes | 450/3 | €5,492 | €11,325 | +€5,833 | +106% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | - | €72,078 | +€72,078 | |
| Accrued charges and deferred income | 492/3 | €1,266 | €1,267 | +€1 | +0.1% |
| Non-recurring operating income | 76A | €32,068 | - | -€32,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,384 | €27,107 | +€8,723 | +47.5% |
| Other operating charges | 640/8 | €4,495 | €943 | -€3,552 | -79.0% |
| Gross operating margin | 9900 | €48,882 | €35,731 | -€13,151 | -26.9% |
| Operating profit (loss) | 9901 | €26,004 | €7,682 | -€18,322 | -70.5% |
| Financial income | 75/76B | €72 | €0 | -€72 | -99.8% |
| Recurring financial income | 75 | €72 | €0 | -€72 | -99.8% |
| Financial charges | 65/66B | €259 | €277 | +€18 | +6.8% |
| Recurring financial charges | 65 | €259 | €277 | +€18 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €25,817 | €7,405 | -€18,412 | -71.3% |
| Income taxes | 67/77 | €2,000 | €1,369 | -€631 | -31.6% |
| Profit (loss) for the period | 9904 | €23,817 | €6,037 | -€17,780 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,817 | €6,037 | -€17,780 | -74.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.