COCOON: 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.
COCOON
Largest movements
- Cash +€27,563
up €27,563 (+11.4%), from €242,509 to €270,072
mainly Depreciation (+€23,675) and Net result for the year (+€10,609)
- Tangible fixed assets -€20,427
down €20,427 (-4.2%), from €482,275 to €461,848
- Profit (loss) carried forward +€10,609
up €10,609 (+4.7%), from -€223,850 to -€213,241
- Gross operating margin +€7,745
up €7,745 (+26.1%), from €29,683 to €37,428
- Other operating charges +€5,925
new in 2025: €5,925
- Financial income -€2,370
down €2,370 (-42.2%), from €5,616 to €3,246
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.
Derived cash bridge
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 | €726,388 | €734,039 | +€7,650 | +1.1% |
| Fixed assets | 21/28 | €482,275 | €461,848 | -€20,427 | -4.2% |
| Tangible fixed assets | 22/27 | €482,275 | €461,848 | -€20,427 | -4.2% |
| Land and buildings | 22 | €482,275 | €461,848 | -€20,427 | -4.2% |
| Current assets | 29/58 | €244,113 | €272,190 | +€28,077 | +11.5% |
| Amounts receivable within one year | 40/41 | €1,605 | €2,119 | +€514 | +32.0% |
| Trade receivables | 40 | €436 | €440 | +€4 | +0.9% |
| Other amounts receivable | 41 | €1,169 | €1,679 | +€510 | +43.7% |
| Cash at bank and in hand | 54/58 | €242,509 | €270,072 | +€27,563 | +11.4% |
| Total equity and liabilities | 10/49 | €726,388 | €734,039 | +€7,650 | +1.1% |
| Equity | 10/15 | €721,477 | €731,253 | +€9,776 | +1.4% |
| Contributions | 10/11 | €556,381 | €556,381 | = | 0.0% |
| Reserves | 13 | €388,946 | €388,113 | -€833 | -0.2% |
| Distributable reserves | 133 | €388,946 | €388,113 | -€833 | -0.2% |
| Profit (loss) carried forward | 14 | -€223,850 | -€213,241 | +€10,609 | +4.7% |
| Amounts payable | 17/49 | €4,911 | €2,786 | -€2,126 | -43.3% |
| Amounts payable within one year | 42/48 | €4,911 | €2,786 | -€2,126 | -43.3% |
| Trade debts | 44 | €2,515 | - | -€2,515 | |
| Suppliers | 440/4 | €2,515 | - | -€2,515 | |
| Other amounts payable | 47/48 | €2,396 | €2,786 | +€389 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,613 | €23,675 | +€62 | +0.3% |
| Other operating charges | 640/8 | - | €5,925 | +€5,925 | |
| Gross operating margin | 9900 | €29,683 | €37,428 | +€7,745 | +26.1% |
| Operating profit (loss) | 9901 | €6,069 | €7,827 | +€1,758 | +29.0% |
| Financial income | 75/76B | €5,616 | €3,246 | -€2,370 | -42.2% |
| Recurring financial income | 75 | €5,616 | €3,246 | -€2,370 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €11,685 | €11,073 | -€613 | -5.2% |
| Income taxes | 67/77 | €516 | €463 | -€53 | -10.2% |
| Profit (loss) for the period | 9904 | €11,169 | €10,609 | -€560 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,169 | €10,609 | -€560 | -5.0% |
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 13 October 2026 via checked.be.