COCQUYT E. & K.: 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.
COCQUYT E. & K.
Largest movements
- Stocks and contracts -€53,962
down €53,962 (-21.9%), from €246,011 to €192,050
- Cash +€48,720
up €48,720 (+5.5%), from €879,357 to €928,077
mainly Net result for the year (+€162,932) and Stocks and contracts (+€53,962)
- Receivables within one year -€40,100
down €40,100 (-50.2%), from €79,940 to €39,840
of which Other amounts receivable: -€22,045
- Current investments +€27,763
up €27,763 (+16.2%), from €171,530 to €199,293
- Tangible fixed assets +€14,664
up €14,664 (+33.0%), from €44,487 to €59,151
of which Plant, machinery and equipment: +€17,926
- Other debts -€94,566
down €94,566 (-12.0%), from €786,358 to €691,793
- Reserves +€79,037
up €79,037 (+15.4%), from €513,147 to €592,184
of which Distributable reserves: +€79,037
- Staff costs -€59,230
down €59,230 (-32.5%), from €182,402 to €123,173
- Gross operating margin +€21,214
up €21,214 (+5.7%), from €370,100 to €391,314
- Taxes +€19,673
up €19,673 (+39.2%), from €50,153 to €69,826
- Financial income -€19,145
down €19,145 (-35.8%), from €53,435 to €34,290
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 | €1,423,551 | €1,420,668 | -€2,883 | -0.2% |
| Fixed assets | 21/28 | €44,549 | €59,213 | +€14,664 | +32.9% |
| Tangible fixed assets | 22/27 | €44,487 | €59,151 | +€14,664 | +33.0% |
| Plant, machinery and equipment | 23 | €39,463 | €57,389 | +€17,926 | +45.4% |
| Furniture and vehicles | 24 | €5,025 | €1,762 | -€3,262 | -64.9% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €1,379,001 | €1,361,455 | -€17,546 | -1.3% |
| Stocks and contracts in progress | 3 | €246,011 | €192,050 | -€53,962 | -21.9% |
| Stocks | 30/36 | €246,011 | €192,050 | -€53,962 | -21.9% |
| Amounts receivable within one year | 40/41 | €79,940 | €39,840 | -€40,100 | -50.2% |
| Trade receivables | 40 | €57,895 | €39,840 | -€18,055 | -31.2% |
| Other amounts receivable | 41 | €22,045 | - | -€22,045 | |
| Current investments | 50/53 | €171,530 | €199,293 | +€27,763 | +16.2% |
| Cash at bank and in hand | 54/58 | €879,357 | €928,077 | +€48,720 | +5.5% |
| Deferred charges and accrued income | 490/1 | €2,163 | €2,196 | +€33 | +1.5% |
| Total equity and liabilities | 10/49 | €1,423,551 | €1,420,668 | -€2,883 | -0.2% |
| Equity | 10/15 | €575,147 | €654,184 | +€79,037 | +13.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €513,147 | €592,184 | +€79,037 | +15.4% |
| Non-distributable reserves | 130/1 | €6,222 | €6,222 | = | 0.0% |
| Legal reserve | 130 | €6,222 | €6,222 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,711 | €14,711 | = | 0.0% |
| Distributable reserves | 133 | €492,214 | €571,251 | +€79,037 | +16.1% |
| Amounts payable | 17/49 | €848,403 | €766,484 | -€81,919 | -9.7% |
| Amounts payable within one year | 42/48 | €848,403 | €766,484 | -€81,919 | -9.7% |
| Trade debts | 44 | €14,946 | €18,715 | +€3,769 | +25.2% |
| Suppliers | 440/4 | €14,946 | €18,715 | +€3,769 | +25.2% |
| Taxes, remuneration and social security | 45 | €47,099 | €55,976 | +€8,877 | +18.8% |
| Taxes | 450/3 | €33,776 | €47,254 | +€13,477 | +39.9% |
| Remuneration and social security | 454/9 | €13,323 | €8,723 | -€4,600 | -34.5% |
| Other amounts payable | 47/48 | €786,358 | €691,793 | -€94,566 | -12.0% |
| Non-recurring operating income | 76A | €4,075 | €19,691 | +€15,616 | +383.2% |
| Remuneration, social security and pensions | 62 | €182,402 | €123,173 | -€59,230 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,068 | €22,246 | +€2,178 | +10.9% |
| Other operating charges | 640/8 | €5,265 | €5,413 | +€149 | +2.8% |
| Gross operating margin | 9900 | €370,100 | €391,314 | +€21,214 | +5.7% |
| Operating profit (loss) | 9901 | €162,365 | €240,482 | +€78,117 | +48.1% |
| Financial income | 75/76B | €53,435 | €34,290 | -€19,145 | -35.8% |
| Recurring financial income | 75 | €53,435 | €34,290 | -€19,145 | -35.8% |
| Financial charges | 65/66B | €45,149 | €42,013 | -€3,135 | -6.9% |
| Recurring financial charges | 65 | €45,149 | €42,013 | -€3,135 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €170,651 | €232,758 | +€62,107 | +36.4% |
| Income taxes | 67/77 | €50,153 | €69,826 | +€19,673 | +39.2% |
| Profit (loss) for the period | 9904 | €120,498 | €162,932 | +€42,434 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,498 | €162,932 | +€42,434 | +35.2% |
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 8 October 2026 via checked.be.