COCQUERAY: 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.
What changed
COCQUERAY
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,881
2024 · €1,313-€6,195
Equity
€1.8m
2024 · €1.9m-€4,881
Cash
€25,480
2024 · €25,048+€432
Balance sheet total
€2.0m
2024 · €2.1m-€38,216
Largest movements
Assets
- Tangible fixed assets -€31,151
down €31,151 (-1.5%), from €2.0m to €2.0m
of which Land and buildings: -€35,556
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€11,098
down €11,098 (-17.7%), from €62,556 to €51,458
- Taxes -€4,336
down €4,336 (-63.5%), from €6,828 to €2,491
- Depreciation -€1,483
down €1,483 (-3.2%), from €46,495 to €45,012
- Other operating charges +€707
up €707 (+6.7%), from €10,576 to €11,283
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.
Result 2024
€1,313
Gross operating margin
-€11,098
Depreciation
+€1,483
Other operating charges
-€707
Financial income
-€231
Financial charges
+€22
Taxes
+€4,336
Result 2025
-€4,881
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.
From operations
+€31,054
Investment
-€13,861
Financing
-€16,762
Cash 2024
€25,048
From operations (derived)
+€31,054
Net result for the year
-€4,881
Depreciation
+€45,012
Receivables within one year
+€8,249
Deferred charges and accrued income
-€752
Provisions
-€3,985
Smaller working-capital items
+€11
Tax, wage and social debts
-€12,465
Other debts
-€135
Investment (derived)
-€13,861
Investment in fixed assets (net)
-€13,861
Financing
-€16,762
Debts after one year
-€17,052
Current portion of long-term debt
+€290
Cash 2025
€25,480
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,073,892 | €2,035,676 | -€38,216 | -1.8% |
| Fixed assets | 21/28 | €2,025,067 | €1,993,915 | -€31,151 | -1.5% |
| Tangible fixed assets | 22/27 | €2,025,037 | €1,993,886 | -€31,151 | -1.5% |
| Land and buildings | 22 | €2,000,391 | €1,964,835 | -€35,556 | -1.8% |
| Plant, machinery and equipment | 23 | €24,646 | €20,186 | -€4,460 | -18.1% |
| Furniture and vehicles | 24 | - | €8,865 | +€8,865 | |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €48,825 | €41,760 | -€7,065 | -14.5% |
| Amounts receivable within one year | 40/41 | €22,137 | €13,888 | -€8,249 | -37.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €22,137 | €13,888 | -€8,249 | -37.3% |
| Cash at bank and in hand | 54/58 | €25,048 | €25,480 | +€432 | +1.7% |
| Deferred charges and accrued income | 490/1 | €1,640 | €2,392 | +€752 | +45.9% |
| Total equity and liabilities | 10/49 | €2,073,892 | €2,035,676 | -€38,216 | -1.8% |
| Equity | 10/15 | €1,854,311 | €1,849,430 | -€4,881 | -0.3% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €351,148 | €339,194 | -€11,954 | -3.4% |
| Non-distributable reserves | 130/1 | €125,000 | €125,000 | = | 0.0% |
| Legal reserve | 130 | €125,000 | €125,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €226,148 | €214,194 | -€11,954 | -5.3% |
| Profit (loss) carried forward | 14 | €253,163 | €260,236 | +€7,073 | +2.8% |
| Provisions and deferred taxes | 16 | €100,281 | €96,296 | -€3,985 | -4.0% |
| Deferred taxes | 168 | €100,281 | €96,296 | -€3,985 | -4.0% |
| Amounts payable | 17/49 | €119,300 | €89,950 | -€29,350 | -24.6% |
| Amounts payable after more than one year | 17 | €80,077 | €63,025 | -€17,052 | -21.3% |
| Financial debts | 170/4 | €79,827 | €62,775 | -€17,052 | -21.4% |
| Other amounts payable | 178/9 | €250 | €250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,768 | €25,571 | -€12,198 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €16,762 | €17,052 | +€290 | +1.7% |
| Trade debts | 44 | €5,763 | €5,875 | +€112 | +1.9% |
| Suppliers | 440/4 | €5,763 | €5,875 | +€112 | +1.9% |
| Taxes, remuneration and social security | 45 | €13,972 | €1,508 | -€12,465 | -89.2% |
| Taxes | 450/3 | €13,972 | €1,508 | -€12,465 | -89.2% |
| Other amounts payable | 47/48 | €1,272 | €1,137 | -€135 | -10.6% |
| Accrued charges and deferred income | 492/3 | €1,454 | €1,354 | -€101 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,495 | €45,012 | -€1,483 | -3.2% |
| Other operating charges | 640/8 | €10,576 | €11,283 | +€707 | +6.7% |
| Gross operating margin | 9900 | €62,556 | €51,458 | -€11,098 | -17.7% |
| Operating profit (loss) | 9901 | €5,485 | -€4,837 | -€10,322 | |
| Financial income | 75/76B | €1,217 | €986 | -€231 | -19.0% |
| Recurring financial income | 75 | €1,217 | €986 | -€231 | -19.0% |
| Financial charges | 65/66B | €2,546 | €2,524 | -€22 | -0.9% |
| Recurring financial charges | 65 | €2,546 | €2,524 | -€22 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €4,156 | -€6,375 | -€10,531 | |
| Transfer from deferred taxes | 780 | €3,985 | €3,985 | = | 0.0% |
| Income taxes | 67/77 | €6,828 | €2,491 | -€4,336 | -63.5% |
| Profit (loss) for the period | 9904 | €1,313 | -€4,881 | -€6,195 | |
| Transfer from tax-exempt reserves | 789 | €11,954 | €11,954 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,268 | €7,073 | -€6,195 | -46.7% |
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.