COCP: 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.
COCP
Largest movements
- Current investments +€150,000
up €150,000, from €0 to €150,000
- Cash -€46,888
down €46,888 (-15.3%), from €305,843 to €258,955
mainly Contributions, distributions and other (-€235,164) and Current investments (-€150,000)
- Receivables after one year -€35,000
down €35,000 (-35.0%), from €100,000 to €65,000
- Other debts +€67,118
up €67,118 (+38.1%), from €175,984 to €243,102
- Gross operating margin +€83,712
up €83,712 (+36.7%), from €228,029 to €311,740
- Taxes +€21,107
up €21,107 (+40.0%), from €52,721 to €73,828
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 | €476,123 | €543,220 | +€67,097 | +14.1% |
| Formation expenses | 20 | €435 | - | -€435 | |
| Fixed assets | 21/28 | €7,450 | €2,595 | -€4,856 | -65.2% |
| Tangible fixed assets | 22/27 | €7,450 | €2,595 | -€4,856 | -65.2% |
| Furniture and vehicles | 24 | €7,450 | €2,595 | -€4,856 | -65.2% |
| Current assets | 29/58 | €468,237 | €540,625 | +€72,388 | +15.5% |
| Amounts receivable after more than one year | 29 | €100,000 | €65,000 | -€35,000 | -35.0% |
| Other amounts receivable | 291 | €100,000 | €65,000 | -€35,000 | -35.0% |
| Amounts receivable within one year | 40/41 | €57,767 | €62,485 | +€4,718 | +8.2% |
| Trade receivables | 40 | €55,509 | €60,637 | +€5,128 | +9.2% |
| Other amounts receivable | 41 | €2,257 | €1,848 | -€409 | -18.1% |
| Current investments | 50/53 | €0 | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €305,843 | €258,955 | -€46,888 | -15.3% |
| Deferred charges and accrued income | 490/1 | €4,627 | €4,185 | -€442 | -9.6% |
| Total equity and liabilities | 10/49 | €476,123 | €543,220 | +€67,097 | +14.1% |
| Equity | 10/15 | €266,512 | €266,512 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €261,512 | €261,512 | = | 0.0% |
| Distributable reserves | 133 | €261,512 | €261,512 | = | 0.0% |
| Amounts payable | 17/49 | €209,610 | €276,707 | +€67,097 | +32.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €191,036 | €253,580 | +€62,544 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €1,689 | - | -€1,689 | |
| Trade debts | 44 | €5,713 | €2,828 | -€2,885 | -50.5% |
| Suppliers | 440/4 | €5,713 | €2,828 | -€2,885 | -50.5% |
| Taxes, remuneration and social security | 45 | €7,650 | €7,650 | = | 0.0% |
| Taxes | 450/3 | €7,650 | €7,650 | = | 0.0% |
| Other amounts payable | 47/48 | €175,984 | €243,102 | +€67,118 | +38.1% |
| Accrued charges and deferred income | 492/3 | €18,574 | €23,127 | +€4,553 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,523 | €6,260 | -€263 | -4.0% |
| Other operating charges | 640/8 | €581 | €848 | +€267 | +45.9% |
| Gross operating margin | 9900 | €228,029 | €311,740 | +€83,712 | +36.7% |
| Operating profit (loss) | 9901 | €220,925 | €304,633 | +€83,708 | +37.9% |
| Financial income | 75/76B | €4,818 | €4,577 | -€240 | -5.0% |
| Recurring financial income | 75 | €4,818 | €4,577 | -€240 | -5.0% |
| Financial charges | 65/66B | €205 | €217 | +€12 | +5.9% |
| Recurring financial charges | 65 | €205 | €217 | +€12 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €225,537 | €308,993 | +€83,455 | +37.0% |
| Income taxes | 67/77 | €52,721 | €73,828 | +€21,107 | +40.0% |
| Profit (loss) for the period | 9904 | €172,816 | €235,164 | +€62,348 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €172,816 | €235,164 | +€62,348 | +36.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.