COCORA: what changed
COCORA
Largest movements
- Receivables within one year -€10,395
down €10,395 (-64.4%), from €16,146 to €5,751
of which Other amounts receivable: -€7,238
- Deferred charges and accrued income -€3,488
down €3,488 (-90.8%), from €3,841 to €353
- Tangible fixed assets -€1,096
down €1,096 (-9.6%), from €11,384 to €10,288
of which Furniture and vehicles: -€860
- Cash +€444
up €444 (+10,416%), from €4 to €448
mainly Receivables within one year (+€10,395) and Deferred charges and accrued income (+€3,488)
- Profit (loss) carried forward -€10,152
down €10,152 (-7.0%), from -€144,951 to -€155,103
- Other debts -€3,181
down €3,181 (-1.9%), from €167,219 to €164,038
- Trade debts -€2,351
no longer reported in 2025 (was €2,351)
- Short-term financial debts +€1,229
up €1,229 (+137%), from €896 to €2,125
- Gross operating margin +€16,131
up €16,131 (+68.5%), from -€23,562 to -€7,431
- Other operating charges -€1,103
down €1,103 (-43.5%), from €2,535 to €1,432
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,176 | €17,640 | -€14,536 | -45.2% |
| Fixed assets | 21/28 | €12,184 | €11,088 | -€1,096 | -9.0% |
| Tangible fixed assets | 22/27 | €11,384 | €10,288 | -€1,096 | -9.6% |
| Plant, machinery and equipment | 23 | €2,299 | €2,063 | -€236 | -10.3% |
| Furniture and vehicles | 24 | €3,385 | €2,525 | -€860 | -25.4% |
| Other tangible fixed assets | 26 | €5,700 | €5,700 | = | 0.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €19,991 | €6,552 | -€13,439 | -67.2% |
| Amounts receivable within one year | 40/41 | €16,146 | €5,751 | -€10,395 | -64.4% |
| Trade receivables | 40 | €5,163 | €2,006 | -€3,157 | -61.1% |
| Other amounts receivable | 41 | €10,983 | €3,745 | -€7,238 | -65.9% |
| Cash at bank and in hand | 54/58 | €4 | €448 | +€444 | +10,416% |
| Deferred charges and accrued income | 490/1 | €3,841 | €353 | -€3,488 | -90.8% |
| Total equity and liabilities | 10/49 | €32,176 | €17,640 | -€14,536 | -45.2% |
| Equity | 10/15 | -€138,751 | -€148,903 | -€10,152 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,951 | -€155,103 | -€10,152 | -7.0% |
| Amounts payable | 17/49 | €170,926 | €166,543 | -€4,383 | -2.6% |
| Amounts payable within one year | 42/48 | €170,926 | €166,543 | -€4,383 | -2.6% |
| Financial debts | 43 | €896 | €2,125 | +€1,229 | +137% |
| Credit institutions | 430/8 | €896 | €2,125 | +€1,229 | +137% |
| Trade debts | 44 | €2,351 | - | -€2,351 | |
| Suppliers | 440/4 | €2,351 | - | -€2,351 | |
| Taxes, remuneration and social security | 45 | €460 | €380 | -€80 | -17.4% |
| Taxes | 450/3 | €460 | €380 | -€80 | -17.4% |
| Other amounts payable | 47/48 | €167,219 | €164,038 | -€3,181 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | €1,096 | +€172 | +18.6% |
| Other operating charges | 640/8 | €2,535 | €1,432 | -€1,103 | -43.5% |
| Gross operating margin | 9900 | -€23,562 | -€7,431 | +€16,131 | +68.5% |
| Operating profit (loss) | 9901 | -€27,020 | -€9,959 | +€17,061 | +63.1% |
| Financial income | 75/76B | €3 | €47 | +€44 | +1,561% |
| Recurring financial income | 75 | €3 | €47 | +€44 | +1,561% |
| Financial charges | 65/66B | €272 | €240 | -€32 | -11.8% |
| Recurring financial charges | 65 | €272 | €240 | -€32 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,290 | -€10,152 | +€17,138 | +62.8% |
| Profit (loss) for the period | 9904 | -€27,290 | -€10,152 | +€17,138 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,290 | -€10,152 | +€17,138 | +62.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.