CoCon: 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.
CoCon
Largest movements
- Financial fixed assets +€1.4m
new in 2025: €1.4m
- Cash +€640,194
up €640,194 (+203.2%), from €315,059 to €955,254
mainly Contributions, distributions and other (+€1.4m) and Net result for the year (+€837,916)
- Receivables within one year +€275,785
up €275,785 (+1582.5%), from €17,427 to €293,212
of which Other amounts receivable: +€276,099
- Contributions +€1.4m
up €1.4m (+28900.0%), from €5,000 to €1.5m
- Reserves +€837,916
up €837,916 (+232.8%), from €359,889 to €1.2m
- Tax, wage and social debts +€83,404
up €83,404 (+1562.4%), from €5,338 to €88,742
of which Taxes: +€83,410
- Financial income +€897,758
up €897,758 (+40039.4%), from €2,242 to €900,001
- Taxes +€85,217
up €85,217 (+1082.5%), from €7,872 to €93,089
- Gross operating margin +€7,009
up €7,009 (+24.7%), from €28,358 to €35,367
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 | €385,037 | €2,744,027 | +€2.4m | +612.7% |
| Fixed assets | 21/28 | €6,390 | €1,449,362 | +€1.4m | +22582.4% |
| Tangible fixed assets | 22/27 | €6,390 | €4,362 | -€2,028 | -31.7% |
| Land and buildings | 22 | €1,193 | €985 | -€208 | -17.4% |
| Plant, machinery and equipment | 23 | €3,361 | €2,633 | -€727 | -21.6% |
| Furniture and vehicles | 24 | €1,836 | €744 | -€1,092 | -59.5% |
| Financial fixed assets | 28 | - | €1,445,000 | +€1.4m | |
| Current assets | 29/58 | €378,647 | €1,294,665 | +€916,018 | +241.9% |
| Amounts receivable after more than one year | 29 | €44,918 | €44,918 | = | 0.0% |
| Other amounts receivable | 291 | €44,918 | €44,918 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,427 | €293,212 | +€275,785 | +1582.5% |
| Trade receivables | 40 | €9,627 | €9,312 | -€315 | -3.3% |
| Other amounts receivable | 41 | €7,801 | €283,900 | +€276,099 | +3539.4% |
| Cash at bank and in hand | 54/58 | €315,059 | €955,254 | +€640,194 | +203.2% |
| Deferred charges and accrued income | 490/1 | €1,242 | €1,281 | +€39 | +3.1% |
| Total equity and liabilities | 10/49 | €385,037 | €2,744,027 | +€2.4m | +612.7% |
| Equity | 10/15 | €364,889 | €2,647,806 | +€2.3m | +625.6% |
| Contributions | 10/11 | €5,000 | €1,450,000 | +€1.4m | +28900.0% |
| Reserves | 13 | €359,889 | €1,197,806 | +€837,916 | +232.8% |
| Distributable reserves | 133 | €359,889 | €1,197,806 | +€837,916 | +232.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,147 | €96,222 | +€76,075 | +377.6% |
| Amounts payable within one year | 42/48 | €20,147 | €96,222 | +€76,075 | +377.6% |
| Trade debts | 44 | €11,629 | €1,496 | -€10,133 | -87.1% |
| Suppliers | 440/4 | €11,629 | €1,496 | -€10,133 | -87.1% |
| Taxes, remuneration and social security | 45 | €5,338 | €88,742 | +€83,404 | +1562.4% |
| Taxes | 450/3 | €2,702 | €86,112 | +€83,410 | +3087.1% |
| Remuneration and social security | 454/9 | €2,636 | €2,629 | -€7 | -0.3% |
| Other amounts payable | 47/48 | €3,180 | €5,984 | +€2,804 | +88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,683 | €2,028 | +€345 | +20.5% |
| Other operating charges | 640/8 | €1,997 | €2,000 | +€4 | +0.2% |
| Gross operating margin | 9900 | €28,358 | €35,367 | +€7,009 | +24.7% |
| Operating profit (loss) | 9901 | €24,678 | €31,339 | +€6,661 | +27.0% |
| Financial income | 75/76B | €2,242 | €900,001 | +€897,758 | +40039.4% |
| Recurring financial income | 75 | €2,242 | €900,001 | +€897,758 | +40039.4% |
| Financial charges | 65/66B | €519 | €334 | -€185 | -35.7% |
| Recurring financial charges | 65 | €519 | €334 | -€185 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €26,401 | €931,005 | +€904,604 | +3426.4% |
| Income taxes | 67/77 | €7,872 | €93,089 | +€85,217 | +1082.5% |
| Profit (loss) for the period | 9904 | €18,529 | €837,916 | +€819,387 | +4422.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,529 | €837,916 | +€819,387 | +4422.2% |
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 5 October 2026 via checked.be.