COCOVI: 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.
COCOVI
Largest movements
- Tangible fixed assets -€52,686
down €52,686 (-6.6%), from €801,204 to €748,518
of which Land and buildings: -€34,018
- Debts after one year -€47,918
down €47,918 (-6.6%), from €727,117 to €679,199
- Trade debts -€18,927
down €18,927 (-42.0%), from €45,097 to €26,170
- Accrued charges and deferred income +€17,588
up €17,588 (+236%), from €7,452 to €25,040
- Profit (loss) carried forward -€15,610
down €15,610 (-34.1%), from -€45,733 to -€61,343
- Gross operating margin +€13,896
up €13,896 (+48.1%), from €28,886 to €42,782
- Depreciation -€1,874
down €1,874 (-4.6%), from €40,483 to €38,609
- Financial income +€1,203
up €1,203 (+35.2%), from €3,416 to €4,619
- Financial charges -€915
down €915 (-4.1%), from €22,070 to €21,154
of which Financial charges: -€915
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 | €975,974 | €920,458 | -€55,516 | -5.7% |
| Fixed assets | 21/28 | €801,204 | €748,518 | -€52,686 | -6.6% |
| Tangible fixed assets | 22/27 | €801,204 | €748,518 | -€52,686 | -6.6% |
| Land and buildings | 22 | €779,653 | €745,634 | -€34,018 | -4.4% |
| Plant, machinery and equipment | 23 | €3,001 | €1,799 | -€1,202 | -40.0% |
| Furniture and vehicles | 24 | €18,551 | €1,084 | -€17,467 | -94.2% |
| Current assets | 29/58 | €174,770 | €171,941 | -€2,830 | -1.6% |
| Stocks and contracts in progress | 3 | €18,806 | €16,690 | -€2,116 | -11.3% |
| Stocks | 30/36 | €18,806 | €16,690 | -€2,116 | -11.3% |
| Amounts receivable within one year | 40/41 | €144,812 | €149,838 | +€5,027 | +3.5% |
| Trade receivables | 40 | €44,596 | €59,860 | +€15,264 | +34.2% |
| Other amounts receivable | 41 | €100,215 | €89,978 | -€10,237 | -10.2% |
| Cash at bank and in hand | 54/58 | €8,795 | €4,217 | -€4,579 | -52.1% |
| Deferred charges and accrued income | 490/1 | €2,357 | €1,196 | -€1,162 | -49.3% |
| Total equity and liabilities | 10/49 | €975,974 | €920,458 | -€55,516 | -5.7% |
| Equity | 10/15 | €138,839 | €123,230 | -€15,610 | -11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €165,972 | €165,972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €165,972 | €165,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,733 | -€61,343 | -€15,610 | -34.1% |
| Amounts payable | 17/49 | €837,135 | €797,229 | -€39,906 | -4.8% |
| Amounts payable after more than one year | 17 | €727,117 | €679,199 | -€47,918 | -6.6% |
| Financial debts | 170/4 | €727,117 | €679,199 | -€47,918 | -6.6% |
| Amounts payable within one year | 42/48 | €102,566 | €92,990 | -€9,577 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €50,863 | €51,869 | +€1,006 | +2.0% |
| Trade debts | 44 | €45,097 | €26,170 | -€18,927 | -42.0% |
| Suppliers | 440/4 | €45,097 | €26,170 | -€18,927 | -42.0% |
| Taxes, remuneration and social security | 45 | €6,607 | €14,951 | +€8,344 | +126% |
| Taxes | 450/3 | €6,607 | €14,951 | +€8,344 | +126% |
| Accrued charges and deferred income | 492/3 | €7,452 | €25,040 | +€17,588 | +236% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,483 | €38,609 | -€1,874 | -4.6% |
| Other operating charges | 640/8 | €3,238 | €3,022 | -€216 | -6.7% |
| Gross operating margin | 9900 | €28,886 | €42,782 | +€13,896 | +48.1% |
| Operating profit (loss) | 9901 | -€14,834 | €1,151 | +€15,986 | |
| Financial income | 75/76B | €3,416 | €4,619 | +€1,203 | +35.2% |
| Recurring financial income | 75 | €3,416 | €4,619 | +€1,203 | +35.2% |
| Financial charges | 65/66B | €22,070 | €21,154 | -€915 | -4.1% |
| Recurring financial charges | 65 | €22,070 | €21,154 | -€915 | -4.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€33,488 | -€15,384 | +€18,104 | +54.1% |
| Income taxes | 67/77 | €500 | €226 | -€274 | -54.9% |
| Profit (loss) for the period | 9904 | -€33,988 | -€15,610 | +€18,378 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,988 | -€15,610 | +€18,378 | +54.1% |
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 20 October 2026 via checked.be.