Cocon Vastgoed: 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.
Cocon Vastgoed
Largest movements
- Stocks and contracts -€184,657
down €184,657 (-8.0%), from €2.3m to €2.1m
- Cash -€105,297
down €105,297 (-96.0%), from €109,695 to €4,398
mainly Short-term financial debts (-€310,764) and Net result for the year (-€218,782)
- Receivables within one year +€46,964
up €46,964 (+13.9%), from €338,314 to €385,277
of which Other amounts receivable: +€310,826
- Short-term financial debts -€310,764
down €310,764 (-17.9%), from €1.7m to €1.4m
- Debts after one year +€227,835
up €227,835 (+27.6%), from €825,207 to €1.1m
- Profit (loss) carried forward -€218,782
down €218,782, from €0 to -€218,782
- Trade debts +€104,957
up €104,957 (+715.6%), from €14,667 to €119,623
- Accrued charges and deferred income -€39,466
down €39,466 (-32.3%), from €122,109 to €82,643
- Gross operating margin -€665,275
down €665,275, from €535,864 to -€129,411
- Financial charges -€128,968
down €128,968 (-47.2%), from €273,309 to €144,341
- Write-downs -€117,070
down €117,070, from €58,535 to -€58,535
- Other operating charges -€5,667
down €5,667 (-61.4%), from €9,232 to €3,565
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 | €2,763,608 | €2,520,617 | -€242,991 | -8.8% |
| Current assets | 29/58 | €2,763,608 | €2,520,617 | -€242,991 | -8.8% |
| Stocks and contracts in progress | 3 | €2,315,599 | €2,130,942 | -€184,657 | -8.0% |
| Contracts in progress | 37 | €2,315,599 | €2,130,942 | -€184,657 | -8.0% |
| Amounts receivable within one year | 40/41 | €338,314 | €385,277 | +€46,964 | +13.9% |
| Trade receivables | 40 | €303,022 | €39,160 | -€263,862 | -87.1% |
| Other amounts receivable | 41 | €35,292 | €346,118 | +€310,826 | +880.7% |
| Cash at bank and in hand | 54/58 | €109,695 | €4,398 | -€105,297 | -96.0% |
| Total equity and liabilities | 10/49 | €2,763,608 | €2,520,617 | -€242,991 | -8.8% |
| Equity | 10/15 | €61,856 | -€156,926 | -€218,782 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €356 | €356 | = | 0.0% |
| Non-distributable reserves | 130/1 | €356 | €356 | = | 0.0% |
| Legal reserve | 130 | €356 | €356 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€218,782 | -€218,782 | |
| Amounts payable | 17/49 | €2,701,751 | €2,677,543 | -€24,209 | -0.9% |
| Amounts payable after more than one year | 17 | €825,207 | €1,053,041 | +€227,835 | +27.6% |
| Financial debts | 170/4 | €825,207 | €1,053,041 | +€227,835 | +27.6% |
| Amounts payable within one year | 42/48 | €1,754,435 | €1,541,858 | -€212,577 | -12.1% |
| Financial debts | 43 | €1,732,999 | €1,422,235 | -€310,764 | -17.9% |
| Credit institutions | 430/8 | €1,732,999 | €1,422,235 | -€310,764 | -17.9% |
| Trade debts | 44 | €14,667 | €119,623 | +€104,957 | +715.6% |
| Suppliers | 440/4 | €14,667 | €119,623 | +€104,957 | +715.6% |
| Other amounts payable | 47/48 | €6,770 | €0 | -€6,770 | -100.0% |
| Accrued charges and deferred income | 492/3 | €122,109 | €82,643 | -€39,466 | -32.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €58,535 | -€58,535 | -€117,070 | |
| Other operating charges | 640/8 | €9,232 | €3,565 | -€5,667 | -61.4% |
| Gross operating margin | 9900 | €535,864 | -€129,411 | -€665,275 | |
| Operating profit (loss) | 9901 | €468,097 | -€74,441 | -€542,538 | |
| Financial income | 75/76B | €1,752 | €0 | -€1,752 | -100.0% |
| Recurring financial income | 75 | €1,752 | €0 | -€1,752 | -100.0% |
| Financial charges | 65/66B | €273,309 | €144,341 | -€128,968 | -47.2% |
| Recurring financial charges | 65 | €273,309 | €144,341 | -€128,968 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €196,540 | -€218,782 | -€415,322 | |
| Income taxes | 67/77 | €2,375 | €0 | -€2,375 | -100.0% |
| Profit (loss) for the period | 9904 | €194,165 | -€218,782 | -€412,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €194,165 | -€218,782 | -€412,947 |
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 12 October 2026 via checked.be.