COCORA 24: 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.
COCORA 24
Largest movements
- Tangible fixed assets -€418,148
down €418,148 (-21.7%), from €1.9m to €1.5m
of which Land and buildings: -€529,112
- Cash +€417,112
up €417,112 (+404.1%), from €103,227 to €520,339
mainly Investment in fixed assets (net) (+€304,957) and Net result for the year (+€184,141)
- Reserves +€184,141
up €184,141 (+29.3%), from €627,795 to €811,936
- Debts after one year -€139,082
down €139,082 (-23.5%), from €591,173 to €452,091
- Tax, wage and social debts -€51,396
down €51,396 (-37.0%), from €138,929 to €87,532
- Gross operating margin -€299,985
down €299,985 (-42.8%), from €701,115 to €401,130
- Taxes -€97,479
down €97,479 (-52.7%), from €185,017 to €87,538
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 | €2,056,605 | €2,054,397 | -€2,208 | -0.1% |
| Fixed assets | 21/28 | €1,923,127 | €1,504,979 | -€418,148 | -21.7% |
| Tangible fixed assets | 22/27 | €1,923,127 | €1,504,979 | -€418,148 | -21.7% |
| Land and buildings | 22 | €1,902,091 | €1,372,980 | -€529,112 | -27.8% |
| Plant, machinery and equipment | 23 | €220 | €0 | -€220 | -100.0% |
| Furniture and vehicles | 24 | €20,816 | €131,999 | +€111,183 | +534.1% |
| Current assets | 29/58 | €133,477 | €549,418 | +€415,941 | +311.6% |
| Amounts receivable within one year | 40/41 | €30,250 | €25,757 | -€4,493 | -14.9% |
| Trade receivables | 40 | €30,250 | €18,150 | -€12,100 | -40.0% |
| Other amounts receivable | 41 | - | €7,607 | +€7,607 | |
| Cash at bank and in hand | 54/58 | €103,227 | €520,339 | +€417,112 | +404.1% |
| Deferred charges and accrued income | 490/1 | - | €3,322 | +€3,322 | |
| Total equity and liabilities | 10/49 | €2,056,605 | €2,054,397 | -€2,208 | -0.1% |
| Equity | 10/15 | €637,795 | €821,936 | +€184,141 | +28.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €627,795 | €811,936 | +€184,141 | +29.3% |
| Distributable reserves | 133 | €627,795 | €811,936 | +€184,141 | +29.3% |
| Amounts payable | 17/49 | €1,418,809 | €1,232,461 | -€186,349 | -13.1% |
| Amounts payable after more than one year | 17 | €591,173 | €452,091 | -€139,082 | -23.5% |
| Financial debts | 170/4 | €591,173 | €452,091 | -€139,082 | -23.5% |
| Amounts payable within one year | 42/48 | €825,167 | €778,451 | -€46,716 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €137,591 | €139,082 | +€1,491 | +1.1% |
| Trade debts | 44 | €1,060 | €5,962 | +€4,903 | +462.6% |
| Suppliers | 440/4 | €1,060 | €5,962 | +€4,903 | +462.6% |
| Taxes, remuneration and social security | 45 | €138,929 | €87,532 | -€51,396 | -37.0% |
| Taxes | 450/3 | €138,929 | €87,532 | -€51,396 | -37.0% |
| Other amounts payable | 47/48 | €547,587 | €545,874 | -€1,713 | -0.3% |
| Accrued charges and deferred income | 492/3 | €2,469 | €1,918 | -€551 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,091 | €113,191 | +€4,101 | +3.8% |
| Other operating charges | 640/8 | €7,329 | €7,767 | +€438 | +6.0% |
| Gross operating margin | 9900 | €701,115 | €401,130 | -€299,985 | -42.8% |
| Operating profit (loss) | 9901 | €584,696 | €280,172 | -€304,524 | -52.1% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €6,586 | €8,512 | +€1,927 | +29.3% |
| Recurring financial charges | 65 | €6,586 | €8,512 | +€1,927 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €578,110 | €271,679 | -€306,431 | -53.0% |
| Income taxes | 67/77 | €185,017 | €87,538 | -€97,479 | -52.7% |
| Profit (loss) for the period | 9904 | €393,093 | €184,141 | -€208,952 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €393,093 | €184,141 | -€208,952 | -53.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.