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
- Receivables within one year +€16,388
up €16,388 (+66.0%), from €24,822 to €41,210
of which Trade receivables: +€16,258
- Stocks and contracts +€12,377
up €12,377 (+26.1%), from €47,424 to €59,801
- Cash -€8,117
down €8,117 (-48.6%), from €16,709 to €8,593
mainly Net result for the year (-€19,611) and Receivables within one year (-€16,388)
- Tangible fixed assets -€2,202
down €2,202 (-50.0%), from €4,402 to €2,200
- Trade debts +€26,682
up €26,682 (+5.9%), from €448,948 to €475,630
- Profit (loss) carried forward -€19,611
down €19,611 (-2.7%), from -€719,633 to -€739,244
- Tax, wage and social debts +€12,100
up €12,100 (+57.5%), from €21,036 to €33,136
of which Remuneration and social security: +€11,411
- Gross operating margin +€50,971
up €50,971 (+53.0%), from €96,192 to €147,163
- Staff costs +€23,467
up €23,467 (+16.5%), from €141,978 to €165,445
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 | €93,357 | €112,522 | +€19,164 | +20.5% |
| Fixed assets | 21/28 | €4,402 | €2,200 | -€2,202 | -50.0% |
| Tangible fixed assets | 22/27 | €4,402 | €2,200 | -€2,202 | -50.0% |
| Plant, machinery and equipment | 23 | €4,402 | €2,200 | -€2,202 | -50.0% |
| Current assets | 29/58 | €88,956 | €110,322 | +€21,366 | +24.0% |
| Stocks and contracts in progress | 3 | €47,424 | €59,801 | +€12,377 | +26.1% |
| Stocks | 30/36 | €47,424 | €59,801 | +€12,377 | +26.1% |
| Amounts receivable within one year | 40/41 | €24,822 | €41,210 | +€16,388 | +66.0% |
| Trade receivables | 40 | €24,822 | €41,080 | +€16,258 | +65.5% |
| Other amounts receivable | 41 | - | €130 | +€130 | |
| Cash at bank and in hand | 54/58 | €16,709 | €8,593 | -€8,117 | -48.6% |
| Deferred charges and accrued income | 490/1 | - | €718 | +€718 | |
| Total equity and liabilities | 10/49 | €93,357 | €112,522 | +€19,164 | +20.5% |
| Equity | 10/15 | -€709,633 | -€729,244 | -€19,611 | -2.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€719,633 | -€739,244 | -€19,611 | -2.7% |
| Amounts payable | 17/49 | €802,991 | €841,766 | +€38,775 | +4.8% |
| Amounts payable within one year | 42/48 | €802,991 | €841,766 | +€38,775 | +4.8% |
| Trade debts | 44 | €448,948 | €475,630 | +€26,682 | +5.9% |
| Suppliers | 440/4 | €448,948 | €475,630 | +€26,682 | +5.9% |
| Taxes, remuneration and social security | 45 | €21,036 | €33,136 | +€12,100 | +57.5% |
| Taxes | 450/3 | €7,597 | €8,286 | +€689 | +9.1% |
| Remuneration and social security | 454/9 | €13,439 | €24,850 | +€11,411 | +84.9% |
| Other amounts payable | 47/48 | €333,007 | €333,000 | -€7 | 0.0% |
| Remuneration, social security and pensions | 62 | €141,978 | €165,445 | +€23,467 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,504 | €2,202 | -€303 | -12.1% |
| Other operating charges | 640/8 | €100 | €100 | = | 0.0% |
| Gross operating margin | 9900 | €96,192 | €147,163 | +€50,971 | +53.0% |
| Operating profit (loss) | 9901 | -€48,391 | -€20,584 | +€27,807 | +57.5% |
| Financial income | 75/76B | - | €1,013 | +€1,013 | |
| Recurring financial income | 75 | - | €1,013 | +€1,013 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€48,434 | -€19,611 | +€28,823 | +59.5% |
| Profit (loss) for the period | 9904 | -€48,434 | -€19,611 | +€28,823 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,434 | -€19,611 | +€28,823 | +59.5% |
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.