COCOON SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€55,472
down €55,472 (-23.9%), from €232,102 to €176,630
of which Trade receivables: -€80,472
- Cash +€39,067
up €39,067 (+119.9%), from €32,574 to €71,641
mainly Receivables within one year (+€55,472) and Current portion of long-term debt (+€49,701)
- Deferred charges and accrued income +€15,117
up €15,117 (+31.2%), from €48,455 to €63,572
- Other debts -€63,390
down €63,390 (-68.8%), from €92,076 to €28,686
- Current portion of long-term debt +€49,701
up €49,701 (+206.8%), from €24,038 to €73,739
- Trade debts +€16,886
up €16,886 (+12.9%), from €131,105 to €147,990
- Debts after one year +€8,877
up €8,877 (+32.5%), from €27,285 to €36,162
- Reserves -€8,473
down €8,473 (-44.1%), from €19,232 to €10,759
of which Distributable reserves: -€8,473
- Gross operating margin -€89,533
down €89,533 (-9.1%), from €983,502 to €893,969
- Taxes -€27,327
no longer reported in 2024 (was €27,327)
- Staff costs +€24,012
up €24,012 (+2.9%), from €822,564 to €846,576
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,738 | €526,557 | +€1,819 | +0.3% |
| Fixed assets | 21/28 | €198,347 | €201,455 | +€3,107 | +1.6% |
| Tangible fixed assets | 22/27 | €198,347 | €201,455 | +€3,107 | +1.6% |
| Land and buildings | 22 | €194,711 | €160,474 | -€34,237 | -17.6% |
| Plant, machinery and equipment | 23 | €3,636 | €27,834 | +€24,198 | +665.5% |
| Furniture and vehicles | 24 | - | €13,147 | +€13,147 | |
| Current assets | 29/58 | €326,391 | €325,103 | -€1,288 | -0.4% |
| Amounts receivable after more than one year | 29 | €13,260 | €13,260 | = | 0.0% |
| Other amounts receivable | 291 | €13,260 | €13,260 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €232,102 | €176,630 | -€55,472 | -23.9% |
| Trade receivables | 40 | €232,102 | €151,630 | -€80,472 | -34.7% |
| Other amounts receivable | 41 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €32,574 | €71,641 | +€39,067 | +119.9% |
| Deferred charges and accrued income | 490/1 | €48,455 | €63,572 | +€15,117 | +31.2% |
| Total equity and liabilities | 10/49 | €524,738 | €526,557 | +€1,819 | +0.3% |
| Equity | 10/15 | €93,600 | €85,127 | -€8,473 | -9.1% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €19,232 | €10,759 | -€8,473 | -44.1% |
| Tax-exempt reserves | 132 | €10,023 | €10,023 | = | 0.0% |
| Distributable reserves | 133 | €9,209 | €736 | -€8,473 | -92.0% |
| Amounts payable | 17/49 | €431,138 | €441,430 | +€10,291 | +2.4% |
| Amounts payable after more than one year | 17 | €27,285 | €36,162 | +€8,877 | +32.5% |
| Financial debts | 170/4 | €27,285 | €36,162 | +€8,877 | +32.5% |
| Amounts payable within one year | 42/48 | €403,853 | €405,268 | +€1,414 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €24,038 | €73,739 | +€49,701 | +206.8% |
| Trade debts | 44 | €131,105 | €147,990 | +€16,886 | +12.9% |
| Suppliers | 440/4 | €131,105 | €147,990 | +€16,886 | +12.9% |
| Taxes, remuneration and social security | 45 | €156,635 | €154,853 | -€1,782 | -1.1% |
| Taxes | 450/3 | €12,136 | €2,327 | -€9,809 | -80.8% |
| Remuneration and social security | 454/9 | €144,499 | €152,526 | +€8,027 | +5.6% |
| Other amounts payable | 47/48 | €92,076 | €28,686 | -€63,390 | -68.8% |
| Non-recurring operating income | 76A | €64,402 | - | -€64,402 | |
| Remuneration, social security and pensions | 62 | €822,564 | €846,576 | +€24,012 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,005 | €37,916 | +€1,912 | +5.3% |
| Other operating charges | 640/8 | €11,920 | €12,117 | +€197 | +1.7% |
| Gross operating margin | 9900 | €983,502 | €893,969 | -€89,533 | -9.1% |
| Operating profit (loss) | 9901 | €113,012 | -€2,641 | -€115,653 | |
| Financial income | 75/76B | €2 | €323 | +€321 | +14062.7% |
| Recurring financial income | 75 | €2 | €323 | +€321 | +14062.7% |
| Financial charges | 65/66B | €3,799 | €6,154 | +€2,355 | +62.0% |
| Recurring financial charges | 65 | €3,799 | €6,154 | +€2,355 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €109,215 | -€8,473 | -€117,688 | |
| Income taxes | 67/77 | €27,327 | - | -€27,327 | |
| Profit (loss) for the period | 9904 | €81,889 | -€8,473 | -€90,361 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,889 | -€8,473 | -€90,361 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.