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 +€24,351
up €24,351 (+87.9%), from €27,689 to €52,040
mainly Debts after one year (+€37,286) and Depreciation (+€21,352)
- Tangible fixed assets +€19,637
up €19,637 (+29.1%), from €67,432 to €87,068
of which Furniture and vehicles: +€26,694
- Receivables within one year +€2,837
up €2,837 (+301.0%), from €943 to €3,780
of which Trade receivables: +€3,566
- Stocks and contracts -€2,458
down €2,458 (-16.2%), from €15,203 to €12,745
- Debts after one year +€37,286
up €37,286 (+621.6%), from €5,998 to €43,284
- Other debts +€19,465
up €19,465 (+122.6%), from €15,880 to €35,345
- Trade debts -€14,056
down €14,056 (-94.5%), from €14,867 to €811
- Tax, wage and social debts +€4,741
up €4,741 (+24.6%), from €19,246 to €23,987
of which Remuneration and social security: +€5,030
- Profit (loss) carried forward -€3,457
down €3,457 (-9.3%), from €36,974 to €33,518
- Staff costs +€46,329
up €46,329 (+88.6%), from €52,293 to €98,622
- Gross operating margin +€31,799
up €31,799 (+34.5%), from €92,038 to €123,837
- Depreciation +€12,205
up €12,205 (+133.4%), from €9,147 to €21,352
- Taxes -€2,148
down €2,148 (-87.6%), from €2,453 to €305
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 | €111,266 | €155,633 | +€44,367 | +39.9% |
| Fixed assets | 21/28 | €67,432 | €87,068 | +€19,637 | +29.1% |
| Tangible fixed assets | 22/27 | €67,432 | €87,068 | +€19,637 | +29.1% |
| Plant, machinery and equipment | 23 | €1,081 | €821 | -€260 | -24.0% |
| Furniture and vehicles | 24 | €57,589 | €84,283 | +€26,694 | +46.4% |
| Leasing and similar rights | 25 | €8,762 | €1,964 | -€6,798 | -77.6% |
| Current assets | 29/58 | €43,834 | €68,565 | +€24,730 | +56.4% |
| Stocks and contracts in progress | 3 | €15,203 | €12,745 | -€2,458 | -16.2% |
| Stocks | 30/36 | €15,203 | €12,745 | -€2,458 | -16.2% |
| Amounts receivable within one year | 40/41 | €943 | €3,780 | +€2,837 | +301.0% |
| Trade receivables | 40 | €214 | €3,780 | +€3,566 | +1664.3% |
| Other amounts receivable | 41 | €729 | €0 | -€729 | -100.0% |
| Cash at bank and in hand | 54/58 | €27,689 | €52,040 | +€24,351 | +87.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €111,266 | €155,633 | +€44,367 | +39.9% |
| Equity | 10/15 | €46,834 | €43,378 | -€3,457 | -7.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,974 | €33,518 | -€3,457 | -9.3% |
| Amounts payable | 17/49 | €64,432 | €112,255 | +€47,823 | +74.2% |
| Amounts payable after more than one year | 17 | €5,998 | €43,284 | +€37,286 | +621.6% |
| Financial debts | 170/4 | €5,998 | €43,284 | +€37,286 | +621.6% |
| Amounts payable within one year | 42/48 | €58,433 | €68,971 | +€10,537 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €8,440 | €8,829 | +€389 | +4.6% |
| Trade debts | 44 | €14,867 | €811 | -€14,056 | -94.5% |
| Suppliers | 440/4 | €14,867 | €811 | -€14,056 | -94.5% |
| Taxes, remuneration and social security | 45 | €19,246 | €23,987 | +€4,741 | +24.6% |
| Taxes | 450/3 | €11,383 | €11,093 | -€289 | -2.5% |
| Remuneration and social security | 454/9 | €7,863 | €12,893 | +€5,030 | +64.0% |
| Other amounts payable | 47/48 | €15,880 | €35,345 | +€19,465 | +122.6% |
| Non-recurring operating income | 76A | - | €5,288 | +€5,288 | |
| Remuneration, social security and pensions | 62 | €52,293 | €98,622 | +€46,329 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,147 | €21,352 | +€12,205 | +133.4% |
| Other operating charges | 640/8 | €696 | €716 | +€20 | +2.9% |
| Gross operating margin | 9900 | €92,038 | €123,837 | +€31,799 | +34.5% |
| Operating profit (loss) | 9901 | €29,902 | €3,148 | -€26,754 | -89.5% |
| Financial income | 75/76B | €188 | €27 | -€161 | -85.5% |
| Recurring financial income | 75 | €188 | €27 | -€161 | -85.5% |
| Financial charges | 65/66B | €5,200 | €6,327 | +€1,127 | +21.7% |
| Recurring financial charges | 65 | €5,200 | €6,327 | +€1,127 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €24,890 | -€3,152 | -€28,042 | |
| Income taxes | 67/77 | €2,453 | €305 | -€2,148 | -87.6% |
| Profit (loss) for the period | 9904 | €22,437 | -€3,457 | -€25,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,437 | -€3,457 | -€25,893 |
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 9 October 2026 via checked.be.