Cocovato: 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.
Cocovato
Largest movements
- Current investments +€16,000
new in 2025: €16,000
- Cash -€1,213
down €1,213 (-1.7%), from €69,392 to €68,180
mainly Current investments (-€16,000) and Other debts (-€11,962)
- Reserves +€32,562
up €32,562 (+62.4%), from €52,206 to €84,768
- Other debts -€11,962
down €11,962 (-90.1%), from €13,277 to €1,315
- Tax, wage and social debts -€6,226
down €6,226 (-22.9%), from €27,230 to €21,004
- Gross operating margin -€22,262
down €22,262 (-32.9%), from €67,704 to €45,442
- Taxes -€4,401
down €4,401 (-31.5%), from €13,976 to €9,575
- Financial charges +€1,426
up €1,426 (+1,072%), from €133 to €1,559
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 | €93,732 | €108,218 | +€14,486 | +15.5% |
| Fixed assets | 21/28 | €2,519 | €1,672 | -€847 | -33.6% |
| Tangible fixed assets | 22/27 | €2,519 | €1,672 | -€847 | -33.6% |
| Plant, machinery and equipment | 23 | €1,121 | €865 | -€256 | -22.8% |
| Furniture and vehicles | 24 | €1,398 | €808 | -€591 | -42.3% |
| Current assets | 29/58 | €91,212 | €106,545 | +€15,333 | +16.8% |
| Amounts receivable within one year | 40/41 | €19,584 | €20,121 | +€537 | +2.7% |
| Trade receivables | 40 | €19,584 | €20,116 | +€532 | +2.7% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Current investments | 50/53 | - | €16,000 | +€16,000 | |
| Cash at bank and in hand | 54/58 | €69,392 | €68,180 | -€1,213 | -1.7% |
| Deferred charges and accrued income | 490/1 | €2,236 | €2,245 | +€9 | +0.4% |
| Total equity and liabilities | 10/49 | €93,732 | €108,218 | +€14,486 | +15.5% |
| Equity | 10/15 | €53,206 | €85,768 | +€32,562 | +61.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €52,206 | €84,768 | +€32,562 | +62.4% |
| Distributable reserves | 133 | €52,206 | €84,768 | +€32,562 | +62.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,526 | €22,450 | -€18,076 | -44.6% |
| Amounts payable within one year | 42/48 | €40,526 | €22,450 | -€18,076 | -44.6% |
| Financial debts | 43 | €19 | €86 | +€67 | +355% |
| Credit institutions | 430/8 | €19 | €86 | +€67 | +355% |
| Trade debts | 44 | - | €45 | +€45 | |
| Suppliers | 440/4 | - | €45 | +€45 | |
| Taxes, remuneration and social security | 45 | €27,230 | €21,004 | -€6,226 | -22.9% |
| Taxes | 450/3 | €27,230 | €21,004 | -€6,226 | -22.9% |
| Other amounts payable | 47/48 | €13,277 | €1,315 | -€11,962 | -90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €847 | +€314 | +58.8% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €67,704 | €45,442 | -€22,262 | -32.9% |
| Operating profit (loss) | 9901 | €67,171 | €44,529 | -€22,642 | -33.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.2% |
| Financial charges | 65/66B | €133 | €1,559 | +€1,426 | +1,072% |
| Recurring financial charges | 65 | €133 | €1,559 | +€1,426 | +1,072% |
| Profit (loss) for the period before taxes | 9903 | €67,041 | €42,970 | -€24,070 | -35.9% |
| Income taxes | 67/77 | €13,976 | €9,575 | -€4,401 | -31.5% |
| Profit (loss) for the period | 9904 | €53,065 | €33,395 | -€19,669 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,065 | €33,395 | -€19,669 | -37.1% |
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 21 October 2026 via checked.be.