Cocon17: 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.
Cocon17
Largest movements
- Cash +€56,370
up €56,370 (+76.6%), from €73,605 to €129,974
mainly Net result for the year (+€110,282) and Depreciation (+€17,503)
- Receivables within one year +€19,257
up €19,257 (+36.3%), from €53,025 to €72,282
of which Trade receivables: +€11,091
- Tangible fixed assets -€16,317
down €16,317 (-23.1%), from €70,625 to €54,308
of which Furniture and vehicles: -€15,573
- Deferred charges and accrued income -€6,255
down €6,255 (-95.2%), from €6,571 to €316
- Reserves +€110,282
up €110,282 (+44.4%), from €248,440 to €358,722
of which Distributable reserves: +€78,707
- Tax, wage and social debts -€40,710
down €40,710 (-47.4%), from €85,867 to €45,158
- Debts after one year -€14,690
down €14,690 (-31.1%), from €47,269 to €32,579
- Gross operating margin +€27,084
up €27,084 (+19.1%), from €141,897 to €168,980
- Taxes +€7,814
up €7,814 (+22.4%), from €34,876 to €42,691
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 | €403,825 | €456,880 | +€53,055 | +13.1% |
| Fixed assets | 21/28 | €70,625 | €54,308 | -€16,317 | -23.1% |
| Tangible fixed assets | 22/27 | €70,625 | €54,308 | -€16,317 | -23.1% |
| Plant, machinery and equipment | 23 | €3,106 | €2,363 | -€744 | -23.9% |
| Furniture and vehicles | 24 | €67,519 | €51,945 | -€15,573 | -23.1% |
| Current assets | 29/58 | €333,201 | €402,573 | +€69,372 | +20.8% |
| Amounts receivable within one year | 40/41 | €53,025 | €72,282 | +€19,257 | +36.3% |
| Trade receivables | 40 | €51,645 | €62,736 | +€11,091 | +21.5% |
| Other amounts receivable | 41 | €1,380 | €9,546 | +€8,166 | +591.9% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,605 | €129,974 | +€56,370 | +76.6% |
| Deferred charges and accrued income | 490/1 | €6,571 | €316 | -€6,255 | -95.2% |
| Total equity and liabilities | 10/49 | €403,825 | €456,880 | +€53,055 | +13.1% |
| Equity | 10/15 | €253,440 | €363,722 | +€110,282 | +43.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €248,440 | €358,722 | +€110,282 | +44.4% |
| Tax-exempt reserves | 132 | €63,150 | €94,725 | +€31,575 | +50.0% |
| Distributable reserves | 133 | €185,290 | €263,997 | +€78,707 | +42.5% |
| Amounts payable | 17/49 | €150,385 | €93,158 | -€57,227 | -38.1% |
| Amounts payable after more than one year | 17 | €47,269 | €32,579 | -€14,690 | -31.1% |
| Financial debts | 170/4 | €47,269 | €32,579 | -€14,690 | -31.1% |
| Amounts payable within one year | 42/48 | €103,116 | €60,579 | -€42,537 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €14,109 | €14,690 | +€581 | +4.1% |
| Trade debts | 44 | €3,140 | €731 | -€2,409 | -76.7% |
| Suppliers | 440/4 | €3,140 | €731 | -€2,409 | -76.7% |
| Taxes, remuneration and social security | 45 | €85,867 | €45,158 | -€40,710 | -47.4% |
| Taxes | 450/3 | €85,867 | €45,158 | -€40,710 | -47.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,773 | €17,503 | +€730 | +4.4% |
| Other operating charges | 640/8 | €190 | €593 | +€404 | +212.7% |
| Gross operating margin | 9900 | €141,897 | €168,980 | +€27,084 | +19.1% |
| Operating profit (loss) | 9901 | €124,934 | €150,884 | +€25,950 | +20.8% |
| Financial income | 75/76B | €4,729 | €4,452 | -€278 | -5.9% |
| Recurring financial income | 75 | €4,729 | €4,452 | -€278 | -5.9% |
| Financial charges | 65/66B | €2,646 | €2,363 | -€284 | -10.7% |
| Recurring financial charges | 65 | €2,646 | €2,363 | -€284 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €127,017 | €152,973 | +€25,956 | +20.4% |
| Income taxes | 67/77 | €34,876 | €42,691 | +€7,814 | +22.4% |
| Profit (loss) for the period | 9904 | €92,141 | €110,282 | +€18,142 | +19.7% |
| Transfer to tax-exempt reserves | 689 | €21,050 | €31,575 | +€10,525 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,091 | €78,707 | +€7,617 | +10.7% |
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.