CoCoNeKt: 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.
CoCoNeKt
Largest movements
- Current investments +€101,177
up €101,177 (+200.7%), from €50,402 to €151,579
- Tangible fixed assets -€40,827
down €40,827 (-6.4%), from €638,827 to €598,000
of which Furniture and vehicles: -€20,567
- Cash -€33,546
down €33,546 (-12.6%), from €265,308 to €231,762
mainly Current investments (-€101,177) and Debts after one year (-€25,573)
- Receivables within one year +€25,341
up €25,341 (+64.0%), from €39,585 to €64,926
of which Trade receivables: +€23,768
- Reserves +€68,239
up €68,239 (+10.9%), from €627,622 to €695,861
of which Distributable reserves: +€70,099
- Debts after one year -€25,573
down €25,573 (-8.4%), from €302,993 to €277,420
- Gross operating margin -€13,538
down €13,538 (-9.2%), from €147,395 to €133,857
- Taxes -€2,310
down €2,310 (-11.4%), from €20,216 to €17,907
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 | €995,396 | €1,046,780 | +€51,384 | +5.2% |
| Fixed assets | 21/28 | €638,827 | €598,513 | -€40,314 | -6.3% |
| Tangible fixed assets | 22/27 | €638,827 | €598,000 | -€40,827 | -6.4% |
| Land and buildings | 22 | €548,748 | €528,488 | -€20,260 | -3.7% |
| Furniture and vehicles | 24 | €90,078 | €69,511 | -€20,567 | -22.8% |
| Financial fixed assets | 28 | - | €514 | +€514 | |
| Current assets | 29/58 | €356,569 | €448,267 | +€91,698 | +25.7% |
| Amounts receivable within one year | 40/41 | €39,585 | €64,926 | +€25,341 | +64.0% |
| Trade receivables | 40 | €32,981 | €56,749 | +€23,768 | +72.1% |
| Other amounts receivable | 41 | €6,604 | €8,177 | +€1,573 | +23.8% |
| Current investments | 50/53 | €50,402 | €151,579 | +€101,177 | +200.7% |
| Cash at bank and in hand | 54/58 | €265,308 | €231,762 | -€33,546 | -12.6% |
| Deferred charges and accrued income | 490/1 | €1,274 | €0 | -€1,274 | -100.0% |
| Total equity and liabilities | 10/49 | €995,396 | €1,046,780 | +€51,384 | +5.2% |
| Equity | 10/15 | €646,222 | €714,461 | +€68,239 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €627,622 | €695,861 | +€68,239 | +10.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €625,762 | €695,861 | +€70,099 | +11.2% |
| Amounts payable | 17/49 | €349,174 | €332,319 | -€16,854 | -4.8% |
| Amounts payable after more than one year | 17 | €302,993 | €277,420 | -€25,573 | -8.4% |
| Financial debts | 170/4 | €302,993 | €277,420 | -€25,573 | -8.4% |
| Amounts payable within one year | 42/48 | €46,181 | €54,900 | +€8,719 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €25,241 | €25,573 | +€332 | +1.3% |
| Trade debts | 44 | €540 | €9,595 | +€9,055 | +1675.8% |
| Suppliers | 440/4 | €540 | €9,595 | +€9,055 | +1675.8% |
| Taxes, remuneration and social security | 45 | €20,399 | €14,725 | -€5,674 | -27.8% |
| Taxes | 450/3 | €20,399 | €14,725 | -€5,674 | -27.8% |
| Other amounts payable | 47/48 | €0 | €5,006 | +€5,006 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,950 | €41,385 | -€565 | -1.3% |
| Other operating charges | 640/8 | €4,014 | €3,325 | -€689 | -17.2% |
| Non-recurring operating charges | 66A | - | €1,276 | +€1,276 | |
| Gross operating margin | 9900 | €147,395 | €133,857 | -€13,538 | -9.2% |
| Operating profit (loss) | 9901 | €101,431 | €87,871 | -€13,560 | -13.4% |
| Financial income | 75/76B | €2,103 | €2,665 | +€562 | +26.7% |
| Recurring financial income | 75 | €2,103 | €2,665 | +€562 | +26.7% |
| Financial charges | 65/66B | €4,576 | €4,390 | -€186 | -4.1% |
| Recurring financial charges | 65 | €4,576 | €4,390 | -€186 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €98,958 | €86,145 | -€12,812 | -12.9% |
| Income taxes | 67/77 | €20,216 | €17,907 | -€2,310 | -11.4% |
| Profit (loss) for the period | 9904 | €78,741 | €68,239 | -€10,503 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,741 | €68,239 | -€10,503 | -13.3% |
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 11 October 2026 via checked.be.