COCOON DESIGN: 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 DESIGN
Largest movements
- Tangible fixed assets +€201,218
up €201,218 (+17.2%), from €1.2m to €1.4m
- Receivables within one year -€49,141
down €49,141 (-10.1%), from €486,987 to €437,846
of which Other amounts receivable: -€28,888
- Cash +€41,352
up €41,352 (+43.0%), from €96,172 to €137,523
mainly Debts after one year (+€205,684) and Depreciation (+€145,841)
- Stocks and contracts -€26,468
down €26,468 (-5.2%), from €506,820 to €480,352
- Trade debts -€270,943
down €270,943 (-67.6%), from €401,057 to €130,114
- Debts after one year +€205,684
up €205,684 (+24.2%), from €850,213 to €1.1m
of which Financial debts: +€206,954
- Reserves +€142,475
up €142,475 (+29.6%), from €481,334 to €623,809
of which Distributable reserves: +€142,475
- Tax, wage and social debts +€37,866
up €37,866 (+30.7%), from €123,322 to €161,188
of which Taxes: +€35,087
- Current portion of long-term debt +€37,522
up €37,522 (+36.8%), from €101,824 to €139,346
- Gross operating margin +€116,455
up €116,455 (+21.2%), from €548,965 to €665,420
- Depreciation +€32,164
up €32,164 (+28.3%), from €113,677 to €145,841
- Financial charges +€31,443
up €31,443 (+64.9%), from €48,426 to €79,869
- Taxes +€7,900
up €7,900 (+21.2%), from €37,218 to €45,118
- Staff costs +€7,796
up €7,796 (+2.7%), from €287,581 to €295,377
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 | €2,287,333 | €2,456,524 | +€169,191 | +7.4% |
| Fixed assets | 21/28 | €1,174,846 | €1,376,064 | +€201,218 | +17.1% |
| Tangible fixed assets | 22/27 | €1,169,429 | €1,370,647 | +€201,218 | +17.2% |
| Land and buildings | 22 | €1,039,985 | €1,136,247 | +€96,262 | +9.3% |
| Plant, machinery and equipment | 23 | €7,130 | €24,562 | +€17,432 | +244% |
| Furniture and vehicles | 24 | €80,121 | €73,457 | -€6,664 | -8.3% |
| Leasing and similar rights | 25 | €42,193 | €136,381 | +€94,188 | +223% |
| Financial fixed assets | 28 | €5,418 | €5,418 | = | 0.0% |
| Current assets | 29/58 | €1,112,487 | €1,080,460 | -€32,027 | -2.9% |
| Stocks and contracts in progress | 3 | €506,820 | €480,352 | -€26,468 | -5.2% |
| Stocks | 30/36 | €506,820 | €480,352 | -€26,468 | -5.2% |
| Amounts receivable within one year | 40/41 | €486,987 | €437,846 | -€49,141 | -10.1% |
| Trade receivables | 40 | €328,790 | €308,538 | -€20,253 | -6.2% |
| Other amounts receivable | 41 | €158,197 | €129,308 | -€28,888 | -18.3% |
| Cash at bank and in hand | 54/58 | €96,172 | €137,523 | +€41,352 | +43.0% |
| Deferred charges and accrued income | 490/1 | €22,509 | €24,739 | +€2,231 | +9.9% |
| Total equity and liabilities | 10/49 | €2,287,333 | €2,456,524 | +€169,191 | +7.4% |
| Equity | 10/15 | €499,934 | €642,409 | +€142,475 | +28.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €481,334 | €623,809 | +€142,475 | +29.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,968 | €45,968 | = | 0.0% |
| Distributable reserves | 133 | €433,505 | €575,981 | +€142,475 | +32.9% |
| Amounts payable | 17/49 | €1,787,400 | €1,814,116 | +€26,716 | +1.5% |
| Amounts payable after more than one year | 17 | €850,213 | €1,055,897 | +€205,684 | +24.2% |
| Financial debts | 170/4 | €839,493 | €1,046,447 | +€206,954 | +24.7% |
| Other amounts payable | 178/9 | €10,720 | €9,450 | -€1,270 | -11.8% |
| Amounts payable within one year | 42/48 | €937,187 | €739,837 | -€197,350 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €101,824 | €139,346 | +€37,522 | +36.8% |
| Trade debts | 44 | €401,057 | €130,114 | -€270,943 | -67.6% |
| Suppliers | 440/4 | €401,057 | €130,114 | -€270,943 | -67.6% |
| Taxes, remuneration and social security | 45 | €123,322 | €161,188 | +€37,866 | +30.7% |
| Taxes | 450/3 | €73,397 | €108,483 | +€35,087 | +47.8% |
| Remuneration and social security | 454/9 | €49,926 | €52,705 | +€2,779 | +5.6% |
| Other amounts payable | 47/48 | €310,983 | €309,188 | -€1,795 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €18,381 | +€18,381 | |
| Remuneration, social security and pensions | 62 | €287,581 | €295,377 | +€7,796 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,677 | €145,841 | +€32,164 | +28.3% |
| Other operating charges | 640/8 | €34,684 | €35,861 | +€1,177 | +3.4% |
| Non-recurring operating charges | 66A | - | €4,819 | +€4,819 | |
| Gross operating margin | 9900 | €548,965 | €665,420 | +€116,455 | +21.2% |
| Operating profit (loss) | 9901 | €113,023 | €183,521 | +€70,498 | +62.4% |
| Financial income | 75/76B | €77,328 | €83,941 | +€6,613 | +8.6% |
| Recurring financial income | 75 | €77,328 | €83,941 | +€6,613 | +8.6% |
| Financial charges | 65/66B | €48,426 | €79,869 | +€31,443 | +64.9% |
| Recurring financial charges | 65 | €48,426 | €79,869 | +€31,443 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €141,925 | €187,593 | +€45,668 | +32.2% |
| Income taxes | 67/77 | €37,218 | €45,118 | +€7,900 | +21.2% |
| Profit (loss) for the period | 9904 | €104,707 | €142,475 | +€37,769 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €104,707 | €142,475 | +€37,769 | +36.1% |
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 14 October 2026 via checked.be.