COCREATE GOOD LIFE: 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.
COCREATE GOOD LIFE
Largest movements
- Intangible fixed assets +€53,374
up €53,374 (+14.8%), from €360,119 to €413,493
- Receivables within one year +€38,329
up €38,329 (+39.6%), from €96,767 to €135,096
of which Trade receivables: +€46,096
- Cash +€18,513
up €18,513 (+269%), from €6,885 to €25,398
mainly Depreciation (+€113,626) and Debts after one year (+€70,503)
- Debts after one year +€70,503
up €70,503 (+25.0%), from €281,979 to €352,482
- Current portion of long-term debt +€23,394
up €23,394 (+62.9%), from €37,186 to €60,580
- Trade debts +€13,626
up €13,626 (+21.9%), from €62,249 to €75,875
- Accrued charges and deferred income +€13,329
up €13,329, from €0 to €13,329
- Tax, wage and social debts -€12,534
down €12,534 (-52.4%), from €23,925 to €11,391
of which Remuneration and social security: -€21,192
- Gross operating margin +€78,406
up €78,406 (+39.1%), from €200,379 to €278,785
- Staff costs -€30,188
down €30,188 (-18.9%), from €160,145 to €129,957
- Depreciation +€29,561
up €29,561 (+35.2%), from €84,066 to €113,626
- Financial charges -€10,938
down €10,938 (-31.7%), from €34,479 to €23,541
- Other operating charges +€9,550
up €9,550 (+758%), from €1,260 to €10,810
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 | €538,637 | €637,225 | +€98,588 | +18.3% |
| Formation expenses | 20 | €22,846 | €17,515 | -€5,331 | -23.3% |
| Fixed assets | 21/28 | €401,023 | €449,817 | +€48,794 | +12.2% |
| Intangible fixed assets | 21 | €360,119 | €413,493 | +€53,374 | +14.8% |
| Tangible fixed assets | 22/27 | €5,472 | €891 | -€4,580 | -83.7% |
| Plant, machinery and equipment | 23 | €2,389 | €60 | -€2,329 | -97.5% |
| Furniture and vehicles | 24 | €3,083 | €831 | -€2,251 | -73.0% |
| Financial fixed assets | 28 | €35,432 | €35,432 | = | 0.0% |
| Current assets | 29/58 | €114,768 | €169,893 | +€55,125 | +48.0% |
| Amounts receivable within one year | 40/41 | €96,767 | €135,096 | +€38,329 | +39.6% |
| Trade receivables | 40 | €88,898 | €134,994 | +€46,096 | +51.9% |
| Other amounts receivable | 41 | €7,869 | €101 | -€7,767 | -98.7% |
| Cash at bank and in hand | 54/58 | €6,885 | €25,398 | +€18,513 | +269% |
| Deferred charges and accrued income | 490/1 | €11,117 | €9,400 | -€1,716 | -15.4% |
| Total equity and liabilities | 10/49 | €538,637 | €637,225 | +€98,588 | +18.3% |
| Equity | 10/15 | €109,251 | €109,838 | +€587 | +0.5% |
| Contributions | 10/11 | €172,854 | €172,854 | = | 0.0% |
| Reserves | 13 | €16,038 | €16,038 | = | 0.0% |
| Distributable reserves | 133 | €16,038 | €16,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,641 | -€79,054 | +€587 | +0.7% |
| Amounts payable | 17/49 | €429,386 | €527,387 | +€98,000 | +22.8% |
| Amounts payable after more than one year | 17 | €281,979 | €352,482 | +€70,503 | +25.0% |
| Financial debts | 170/4 | €281,979 | €352,482 | +€70,503 | +25.0% |
| Amounts payable within one year | 42/48 | €147,407 | €161,576 | +€14,169 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €37,186 | €60,580 | +€23,394 | +62.9% |
| Financial debts | 43 | €2,624 | €729 | -€1,894 | -72.2% |
| Credit institutions | 430/8 | €2,624 | €729 | -€1,894 | -72.2% |
| Trade debts | 44 | €62,249 | €75,875 | +€13,626 | +21.9% |
| Suppliers | 440/4 | €62,249 | €75,875 | +€13,626 | +21.9% |
| Taxes, remuneration and social security | 45 | €23,925 | €11,391 | -€12,534 | -52.4% |
| Taxes | 450/3 | €0 | €8,658 | +€8,658 | |
| Remuneration and social security | 454/9 | €23,925 | €2,733 | -€21,192 | -88.6% |
| Other amounts payable | 47/48 | €21,423 | €13,000 | -€8,423 | -39.3% |
| Accrued charges and deferred income | 492/3 | €0 | €13,329 | +€13,329 | |
| Non-recurring operating income | 76A | €1,331 | €200 | -€1,131 | -85.0% |
| Remuneration, social security and pensions | 62 | €160,145 | €129,957 | -€30,188 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,066 | €113,626 | +€29,561 | +35.2% |
| Other operating charges | 640/8 | €1,260 | €10,810 | +€9,550 | +758% |
| Non-recurring operating charges | 66A | €327 | €501 | +€174 | +53.0% |
| Gross operating margin | 9900 | €200,379 | €278,785 | +€78,406 | +39.1% |
| Operating profit (loss) | 9901 | -€45,420 | €23,890 | +€69,310 | |
| Financial income | 75/76B | €258 | €239 | -€19 | -7.4% |
| Recurring financial income | 75 | €258 | €239 | -€19 | -7.4% |
| Financial charges | 65/66B | €34,479 | €23,541 | -€10,938 | -31.7% |
| Recurring financial charges | 65 | €34,479 | €23,541 | -€10,938 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | -€79,641 | €587 | +€80,229 | |
| Profit (loss) for the period | 9904 | -€79,641 | €587 | +€80,229 | |
| Profit (loss) for the period to be appropriated | 9905 | -€79,641 | €587 | +€80,229 |
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 31 October 2026 via checked.be.