COCODENT: 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.
COCODENT
Largest movements
- Cash +€233,988
up €233,988 (+92.1%), from €254,010 to €487,997
mainly Net result for the year (+€220,433) and Receivables within one year (+€17,880)
- Receivables within one year -€17,880
no longer reported in 2025 (was €17,880)
- Deferred charges and accrued income +€10,235
up €10,235 (+1232.6%), from €830 to €11,066
- Profit (loss) carried forward +€220,433
up €220,433 (+133.0%), from €165,751 to €386,185
- Gross operating margin +€74,028
up €74,028 (+33.7%), from €219,963 to €293,991
- Taxes +€18,295
up €18,295 (+37.0%), from €49,416 to €67,711
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 | €334,022 | €557,477 | +€223,455 | +66.9% |
| Fixed assets | 21/28 | €11,302 | €8,414 | -€2,888 | -25.6% |
| Tangible fixed assets | 22/27 | €11,302 | €8,414 | -€2,888 | -25.6% |
| Plant, machinery and equipment | 23 | €1,804 | €1,002 | -€802 | -44.4% |
| Furniture and vehicles | 24 | €9,498 | €7,411 | -€2,087 | -22.0% |
| Current assets | 29/58 | €322,720 | €549,063 | +€226,343 | +70.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,880 | - | -€17,880 | |
| Other amounts receivable | 41 | €17,880 | - | -€17,880 | |
| Cash at bank and in hand | 54/58 | €254,010 | €487,997 | +€233,988 | +92.1% |
| Deferred charges and accrued income | 490/1 | €830 | €11,066 | +€10,235 | +1232.6% |
| Total equity and liabilities | 10/49 | €334,022 | €557,477 | +€223,455 | +66.9% |
| Equity | 10/15 | €302,558 | €522,991 | +€220,433 | +72.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €134,306 | €134,306 | = | 0.0% |
| Distributable reserves | 133 | €134,306 | €134,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,751 | €386,185 | +€220,433 | +133.0% |
| Amounts payable | 17/49 | €31,464 | €34,486 | +€3,022 | +9.6% |
| Amounts payable within one year | 42/48 | €31,464 | €34,486 | +€3,022 | +9.6% |
| Trade debts | 44 | €643 | €1,230 | +€588 | +91.5% |
| Suppliers | 440/4 | €643 | €1,230 | +€588 | +91.5% |
| Taxes, remuneration and social security | 45 | €28,326 | €30,766 | +€2,439 | +8.6% |
| Taxes | 450/3 | €24,416 | €17,711 | -€6,705 | -27.5% |
| Remuneration and social security | 454/9 | €3,910 | €13,054 | +€9,144 | +233.9% |
| Other amounts payable | 47/48 | €2,496 | €2,490 | -€6 | -0.2% |
| Remuneration, social security and pensions | 62 | €1,393 | €1,425 | +€32 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,737 | €2,888 | +€1,152 | +66.3% |
| Other operating charges | 640/8 | €1,089 | €1,386 | +€297 | +27.2% |
| Gross operating margin | 9900 | €219,963 | €293,991 | +€74,028 | +33.7% |
| Operating profit (loss) | 9901 | €215,743 | €288,291 | +€72,548 | +33.6% |
| Financial charges | 65/66B | €576 | €147 | -€429 | -74.5% |
| Recurring financial charges | 65 | €576 | €147 | -€429 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €215,167 | €288,145 | +€72,977 | +33.9% |
| Income taxes | 67/77 | €49,416 | €67,711 | +€18,295 | +37.0% |
| Profit (loss) for the period | 9904 | €165,751 | €220,433 | +€54,682 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €165,751 | €220,433 | +€54,682 | +33.0% |
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 4 October 2026 via checked.be.