CoCo Projects: 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 Projects
Largest movements
- Cash +€97,136
up €97,136 (+81.2%), from €119,574 to €216,710
mainly Net result for the year (+€74,023) and Tax, wage and social debts (+€20,011)
- Receivables within one year -€3,038
down €3,038 (-7.1%), from €42,808 to €39,770
of which Trade receivables: -€3,041
- Profit (loss) carried forward +€74,023
new in 2025: €74,023
- Tax, wage and social debts +€20,011
up €20,011 (+73.0%), from €27,400 to €47,411
- Gross operating margin -€20,198
down €20,198 (-17.7%), from €113,864 to €93,666
- Taxes -€5,360
down €5,360 (-21.8%), from €24,561 to €19,200
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 | €163,225 | €257,385 | +€94,160 | +57.7% |
| Current assets | 29/58 | €163,225 | €257,385 | +€94,160 | +57.7% |
| Amounts receivable within one year | 40/41 | €42,808 | €39,770 | -€3,038 | -7.1% |
| Trade receivables | 40 | €42,808 | €39,767 | -€3,041 | -7.1% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €119,574 | €216,710 | +€97,136 | +81.2% |
| Deferred charges and accrued income | 490/1 | €843 | €905 | +€62 | +7.3% |
| Total equity and liabilities | 10/49 | €163,225 | €257,385 | +€94,160 | +57.7% |
| Equity | 10/15 | €133,182 | €207,205 | +€74,023 | +55.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €128,182 | €128,182 | = | 0.0% |
| Distributable reserves | 133 | €128,182 | €128,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €74,023 | +€74,023 | |
| Amounts payable | 17/49 | €30,043 | €50,180 | +€20,137 | +67.0% |
| Amounts payable within one year | 42/48 | €30,043 | €50,180 | +€20,137 | +67.0% |
| Financial debts | 43 | €441 | €99 | -€342 | -77.5% |
| Credit institutions | 430/8 | €441 | €99 | -€342 | -77.5% |
| Trade debts | 44 | €494 | €949 | +€455 | +92.1% |
| Suppliers | 440/4 | €494 | €949 | +€455 | +92.1% |
| Taxes, remuneration and social security | 45 | €27,400 | €47,411 | +€20,011 | +73.0% |
| Taxes | 450/3 | €27,400 | €47,411 | +€20,011 | +73.0% |
| Other amounts payable | 47/48 | €1,707 | €1,720 | +€12 | +0.7% |
| Other operating charges | 640/8 | €473 | €373 | -€101 | -21.3% |
| Gross operating margin | 9900 | €113,864 | €93,666 | -€20,198 | -17.7% |
| Operating profit (loss) | 9901 | €113,390 | €93,293 | -€20,097 | -17.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €55 | €70 | +€15 | +27.4% |
| Recurring financial charges | 65 | €55 | €70 | +€15 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €113,336 | €93,223 | -€20,112 | -17.7% |
| Income taxes | 67/77 | €24,561 | €19,200 | -€5,360 | -21.8% |
| Profit (loss) for the period | 9904 | €88,775 | €74,023 | -€14,752 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €88,775 | €74,023 | -€14,752 | -16.6% |
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.