COCODYS: what changed
Two financial 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.
COCODYS
Largest movements
- Cash +€31,695
up €31,695 (+12.2%), from €258,956 to €290,651
mainly Net result for the year (+€61,542) and Other debts (+€53,440)
- Receivables within one year +€6,584
up €6,584 (+25.9%), from €25,380 to €31,964
of which Other amounts receivable: +€6,859
- Tangible fixed assets -€4,214
down €4,214 (-5.1%), from €81,939 to €77,725
of which Plant, machinery and equipment: -€6,097
- Other debts +€53,440
up €53,440 (+184%), from €28,992 to €82,432
- Reserves -€26,270
down €26,270 (-9.8%), from €268,807 to €242,538
of which Distributable reserves: -€26,270
- Tax, wage and social debts +€17,472
up €17,472 (+66.8%), from €26,165 to €43,636
of which Taxes: +€16,785
- Trade debts -€12,081
down €12,081 (-32.0%), from €37,802 to €25,721
- Staff costs -€5,855
down €5,855 (-4.0%), from €148,036 to €142,181
- Gross operating margin +€4,403
up €4,403 (+1.7%), from €256,497 to €260,901
- Depreciation +€4,112
up €4,112 (+18.8%), from €21,847 to €25,959
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.
Derived cash bridge
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 | €370,450 | €403,011 | +€32,561 | +8.8% |
| Fixed assets | 21/28 | €81,939 | €77,725 | -€4,214 | -5.1% |
| Tangible fixed assets | 22/27 | €81,939 | €77,725 | -€4,214 | -5.1% |
| Land and buildings | 22 | €27,994 | €25,391 | -€2,603 | -9.3% |
| Plant, machinery and equipment | 23 | €16,890 | €10,792 | -€6,097 | -36.1% |
| Furniture and vehicles | 24 | €37,056 | €41,541 | +€4,486 | +12.1% |
| Current assets | 29/58 | €288,511 | €325,287 | +€36,775 | +12.7% |
| Stocks and contracts in progress | 3 | €4,175 | €2,671 | -€1,504 | -36.0% |
| Stocks | 30/36 | €4,175 | €2,671 | -€1,504 | -36.0% |
| Amounts receivable within one year | 40/41 | €25,380 | €31,964 | +€6,584 | +25.9% |
| Trade receivables | 40 | €21,952 | €21,678 | -€275 | -1.3% |
| Other amounts receivable | 41 | €3,428 | €10,287 | +€6,859 | +200% |
| Cash at bank and in hand | 54/58 | €258,956 | €290,651 | +€31,695 | +12.2% |
| Total equity and liabilities | 10/49 | €370,450 | €403,011 | +€32,561 | +8.8% |
| Equity | 10/15 | €277,492 | €251,222 | -€26,270 | -9.5% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €268,807 | €242,538 | -€26,270 | -9.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €266,947 | €240,678 | -€26,270 | -9.8% |
| Amounts payable | 17/49 | €92,959 | €151,790 | +€58,831 | +63.3% |
| Amounts payable within one year | 42/48 | €92,959 | €151,790 | +€58,831 | +63.3% |
| Trade debts | 44 | €37,802 | €25,721 | -€12,081 | -32.0% |
| Suppliers | 440/4 | €37,802 | €25,721 | -€12,081 | -32.0% |
| Taxes, remuneration and social security | 45 | €26,165 | €43,636 | +€17,472 | +66.8% |
| Taxes | 450/3 | €16,777 | €33,562 | +€16,785 | +100% |
| Remuneration and social security | 454/9 | €9,388 | €10,074 | +€687 | +7.3% |
| Other amounts payable | 47/48 | €28,992 | €82,432 | +€53,440 | +184% |
| Non-recurring operating income | 76A | - | €124 | +€124 | |
| Remuneration, social security and pensions | 62 | €148,036 | €142,181 | -€5,855 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,847 | €25,959 | +€4,112 | +18.8% |
| Other operating charges | 640/8 | €4,085 | €2,728 | -€1,357 | -33.2% |
| Gross operating margin | 9900 | €256,497 | €260,901 | +€4,403 | +1.7% |
| Operating profit (loss) | 9901 | €82,529 | €90,032 | +€7,503 | +9.1% |
| Financial income | 75/76B | €2,971 | €3,121 | +€150 | +5.0% |
| Recurring financial income | 75 | €2,971 | €3,121 | +€150 | +5.0% |
| Financial charges | 65/66B | €4,129 | €4,763 | +€634 | +15.4% |
| Recurring financial charges | 65 | €4,129 | €4,763 | +€634 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €81,372 | €88,390 | +€7,019 | +8.6% |
| Income taxes | 67/77 | €26,726 | €26,848 | +€123 | +0.5% |
| Profit (loss) for the period | 9904 | €54,646 | €61,542 | +€6,896 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,646 | €61,542 | +€6,896 | +12.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.