COCOLO: 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.
COCOLO
Largest movements
- Receivables after one year +€4.1m
new in 2025: €4.1m
- Receivables within one year -€3.8m
down €3.8m (-100.0%), from €3.8m to €51
of which Other amounts receivable: -€3.8m
- Financial fixed assets -€935,714
no longer reported in 2025 (was €935,714)
- Tangible fixed assets +€324,952
up €324,952 (+8.2%), from €3.9m to €4.3m
of which Land and buildings: +€323,271
- Current investments -€251,157
down €251,157 (-59.9%), from €419,157 to €168,000
- Profit (loss) carried forward -€655,314
down €655,314, from €0 to -€655,314
- Financial charges -€1.6m
down €1.6m (-95.0%), from €1.7m to €82,894
of which Non-recurring financial charges: -€1.6m
- Financial income -€1.5m
down €1.5m (-79.1%), from €1.9m to €391,530
of which Non-recurring financial income: -€1.6m
- Depreciation +€40,968
up €40,968 (+23.9%), from €171,688 to €212,656
- Gross operating margin +€10,707
up €10,707 (+9.1%), from €117,926 to €128,632
- Taxes -€4,605
down €4,605 (-10.1%), from €45,598 to €40,993
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 | €9,098,516 | €8,510,403 | -€588,113 | -6.5% |
| Fixed assets | 21/28 | €4,874,990 | €4,264,228 | -€610,762 | -12.5% |
| Tangible fixed assets | 22/27 | €3,939,275 | €4,264,228 | +€324,952 | +8.2% |
| Land and buildings | 22 | €3,856,627 | €4,179,898 | +€323,271 | +8.4% |
| Furniture and vehicles | 24 | €63,554 | €65,236 | +€1,681 | +2.6% |
| Other tangible fixed assets | 26 | €19,094 | €19,094 | = | 0.0% |
| Financial fixed assets | 28 | €935,714 | - | -€935,714 | |
| Current assets | 29/58 | €4,223,527 | €4,246,176 | +€22,649 | +0.5% |
| Amounts receivable after more than one year | 29 | - | €4,055,152 | +€4.1m | |
| Other amounts receivable | 291 | - | €4,055,152 | +€4.1m | |
| Amounts receivable within one year | 40/41 | €3,785,272 | €51 | -€3.8m | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,785,272 | €51 | -€3.8m | -100.0% |
| Current investments | 50/53 | €419,157 | €168,000 | -€251,157 | -59.9% |
| Cash at bank and in hand | 54/58 | €12,869 | €15,951 | +€3,081 | +23.9% |
| Deferred charges and accrued income | 490/1 | €6,228 | €7,022 | +€794 | +12.8% |
| Total equity and liabilities | 10/49 | €9,098,516 | €8,510,403 | -€588,113 | -6.5% |
| Equity | 10/15 | €6,472,136 | €5,813,420 | -€658,716 | -10.2% |
| Contributions | 10/11 | €4,679,774 | €4,679,774 | = | 0.0% |
| Reserves | 13 | €1,792,362 | €1,788,960 | -€3,402 | -0.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €37,263 | €33,860 | -€3,402 | -9.1% |
| Distributable reserves | 133 | €1,755,100 | €1,755,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€655,314 | -€655,314 | |
| Provisions and deferred taxes | 16 | €8,004 | €7,725 | -€280 | -3.5% |
| Deferred taxes | 168 | €8,004 | €7,725 | -€280 | -3.5% |
| Amounts payable | 17/49 | €2,618,376 | €2,689,258 | +€70,882 | +2.7% |
| Amounts payable after more than one year | 17 | €2,272,306 | €2,355,181 | +€82,876 | +3.6% |
| Financial debts | 170/4 | €2,272,306 | €2,355,181 | +€82,876 | +3.6% |
| Amounts payable within one year | 42/48 | €337,976 | €328,575 | -€9,401 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €294,580 | €317,124 | +€22,545 | +7.7% |
| Trade debts | 44 | €2,092 | €11,451 | +€9,359 | +447.5% |
| Suppliers | 440/4 | €2,092 | €11,451 | +€9,359 | +447.5% |
| Taxes, remuneration and social security | 45 | €41,305 | - | -€41,305 | |
| Taxes | 450/3 | €41,305 | - | -€41,305 | |
| Accrued charges and deferred income | 492/3 | €8,094 | €5,502 | -€2,592 | -32.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,688 | €212,656 | +€40,968 | +23.9% |
| Other operating charges | 640/8 | €4,639 | €6,901 | +€2,261 | +48.7% |
| Non-recurring operating charges | 66A | - | €835,714 | +€835,714 | |
| Gross operating margin | 9900 | €117,926 | €128,632 | +€10,707 | +9.1% |
| Operating profit (loss) | 9901 | -€58,402 | -€926,639 | -€868,237 | -1486.7% |
| Financial income | 75/76B | €1,877,393 | €391,530 | -€1.5m | -79.1% |
| Recurring financial income | 75 | €289,647 | €391,530 | +€101,883 | +35.2% |
| Non-recurring financial income | 76B | €1,587,746 | - | -€1.6m | |
| Financial charges | 65/66B | €1,664,158 | €82,894 | -€1.6m | -95.0% |
| Recurring financial charges | 65 | €75,950 | €82,894 | +€6,944 | +9.1% |
| Non-recurring financial charges | 66B | €1,588,209 | - | -€1.6m | |
| Profit (loss) for the period before taxes | 9903 | €154,833 | -€618,002 | -€772,835 | |
| Transfer from deferred taxes | 780 | €280 | €280 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €45,598 | €40,993 | -€4,605 | -10.1% |
| Profit (loss) for the period | 9904 | €109,514 | -€658,716 | -€768,230 | |
| Transfer from tax-exempt reserves | 789 | €3,402 | €3,402 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €112,916 | -€655,314 | -€768,230 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.