COCOON: 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.
COCOON
Largest movements
- Cash +€18,287
up €18,287 (+28.6%), from €64,001 to €82,288
mainly Depreciation (+€10,754) and Trade debts (+€9,499)
- Tangible fixed assets -€10,754
down €10,754 (-33.1%), from €32,453 to €21,699
of which Furniture and vehicles: -€5,819
- Receivables within one year +€3,093
up €3,093 (+25.5%), from €12,135 to €15,227
of which Other amounts receivable: +€10,347
- Deferred charges and accrued income -€1,615
down €1,615 (-26.5%), from €6,083 to €4,468
- Debts after one year -€10,757
down €10,757 (-92.2%), from €11,663 to €906
- Trade debts +€9,499
up €9,499 (+57.5%), from €16,519 to €26,018
- Profit (loss) carried forward +€9,169
up €9,169 (+21.1%), from €43,359 to €52,528
- Short-term financial debts +€6,407
new in 2025: €6,407
- Current portion of long-term debt -€4,987
down €4,987 (-31.7%), from €15,744 to €10,757
- Depreciation -€4,774
down €4,774 (-30.7%), from €15,528 to €10,754
- Staff costs -€3,340
down €3,340 (-1.3%), from €259,482 to €256,143
- Taxes +€3,272
up €3,272 (+86.6%), from €3,781 to €7,053
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 | €139,980 | €150,259 | +€10,279 | +7.3% |
| Fixed assets | 21/28 | €32,453 | €21,699 | -€10,754 | -33.1% |
| Tangible fixed assets | 22/27 | €32,453 | €21,699 | -€10,754 | -33.1% |
| Plant, machinery and equipment | 23 | €4,799 | €3,730 | -€1,069 | -22.3% |
| Furniture and vehicles | 24 | €15,256 | €9,438 | -€5,819 | -38.1% |
| Other tangible fixed assets | 26 | €12,397 | €8,531 | -€3,866 | -31.2% |
| Current assets | 29/58 | €107,527 | €128,560 | +€21,033 | +19.6% |
| Amounts receivable after more than one year | 29 | €105 | €105 | = | 0.0% |
| Other amounts receivable | 291 | €105 | €105 | = | 0.0% |
| Stocks and contracts in progress | 3 | €25,203 | €26,471 | +€1,268 | +5.0% |
| Stocks | 30/36 | €25,203 | €26,471 | +€1,268 | +5.0% |
| Amounts receivable within one year | 40/41 | €12,135 | €15,227 | +€3,093 | +25.5% |
| Trade receivables | 40 | €7,254 | - | -€7,254 | |
| Other amounts receivable | 41 | €4,880 | €15,227 | +€10,347 | +212.0% |
| Cash at bank and in hand | 54/58 | €64,001 | €82,288 | +€18,287 | +28.6% |
| Deferred charges and accrued income | 490/1 | €6,083 | €4,468 | -€1,615 | -26.5% |
| Total equity and liabilities | 10/49 | €139,980 | €150,259 | +€10,279 | +7.3% |
| Equity | 10/15 | €63,811 | €72,979 | +€9,169 | +14.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,359 | €52,528 | +€9,169 | +21.1% |
| Amounts payable | 17/49 | €76,169 | €77,279 | +€1,110 | +1.5% |
| Amounts payable after more than one year | 17 | €11,663 | €906 | -€10,757 | -92.2% |
| Financial debts | 170/4 | €11,663 | €906 | -€10,757 | -92.2% |
| Amounts payable within one year | 42/48 | €64,506 | €76,373 | +€11,868 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | €15,744 | €10,757 | -€4,987 | -31.7% |
| Financial debts | 43 | - | €6,407 | +€6,407 | |
| Credit institutions | 430/8 | - | €6,407 | +€6,407 | |
| Trade debts | 44 | €16,519 | €26,018 | +€9,499 | +57.5% |
| Suppliers | 440/4 | €16,519 | €26,018 | +€9,499 | +57.5% |
| Taxes, remuneration and social security | 45 | €32,243 | €33,191 | +€949 | +2.9% |
| Taxes | 450/3 | €17,449 | €15,834 | -€1,615 | -9.3% |
| Remuneration and social security | 454/9 | €14,794 | €17,357 | +€2,564 | +17.3% |
| Remuneration, social security and pensions | 62 | €259,482 | €256,143 | -€3,340 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,528 | €10,754 | -€4,774 | -30.7% |
| Other operating charges | 640/8 | €1,088 | €1,123 | +€36 | +3.3% |
| Non-recurring operating charges | 66A | €533 | - | -€533 | |
| Gross operating margin | 9900 | €287,945 | €285,264 | -€2,680 | -0.9% |
| Operating profit (loss) | 9901 | €11,314 | €17,245 | +€5,930 | +52.4% |
| Financial income | 75/76B | €313 | €326 | +€13 | +4.1% |
| Recurring financial income | 75 | €313 | €326 | +€13 | +4.1% |
| Financial charges | 65/66B | €1,773 | €1,349 | -€424 | -23.9% |
| Recurring financial charges | 65 | €1,773 | €1,349 | -€424 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €9,854 | €16,222 | +€6,367 | +64.6% |
| Income taxes | 67/77 | €3,781 | €7,053 | +€3,272 | +86.6% |
| Profit (loss) for the period | 9904 | €6,074 | €9,169 | +€3,095 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,074 | €9,169 | +€3,095 | +51.0% |
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 3 October 2026 via checked.be.