COKE: 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.
COKE
Largest movements
- Tangible fixed assets -€6,610
down €6,610 (-21.0%), from €31,406 to €24,796
- Receivables within one year +€1,735
up €1,735 (+24.2%), from €7,174 to €8,909
of which Trade receivables: +€1,226
- Cash +€918
up €918 (+9371.9%), from €10 to €927
mainly Depreciation (+€6,610) and Tax, wage and social debts (+€1,765)
- Debts after one year -€5,474
down €5,474 (-24.3%), from €22,570 to €17,096
- Tax, wage and social debts +€1,765
up €1,765 (+24.2%), from €7,300 to €9,065
- Profit (loss) carried forward +€907
up €907 (+91.0%), from €996 to €1,903
- Current portion of long-term debt -€644
down €644 (-12.6%), from €5,118 to €4,474
- Trade debts -€511
down €511 (-84.3%), from €606 to €95
- Gross operating margin +€6,015
up €6,015 (+150.9%), from €3,987 to €10,002
- Depreciation +€4,966
up €4,966 (+302.2%), from €1,643 to €6,610
- Other operating charges +€1,306
up €1,306 (+295.8%), from €442 to €1,747
- Financial income +€191
new in 2025: €191
- Financial charges +€183
up €183 (+33.5%), from €546 to €729
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 | €38,590 | €34,632 | -€3,958 | -10.3% |
| Fixed assets | 21/28 | €31,406 | €24,796 | -€6,610 | -21.0% |
| Tangible fixed assets | 22/27 | €31,406 | €24,796 | -€6,610 | -21.0% |
| Leasing and similar rights | 25 | €31,406 | €24,796 | -€6,610 | -21.0% |
| Current assets | 29/58 | €7,184 | €9,836 | +€2,652 | +36.9% |
| Amounts receivable within one year | 40/41 | €7,174 | €8,909 | +€1,735 | +24.2% |
| Trade receivables | 40 | - | €1,226 | +€1,226 | |
| Other amounts receivable | 41 | €7,174 | €7,683 | +€509 | +7.1% |
| Cash at bank and in hand | 54/58 | €10 | €927 | +€918 | +9371.9% |
| Total equity and liabilities | 10/49 | €38,590 | €34,632 | -€3,958 | -10.3% |
| Equity | 10/15 | €2,996 | €3,903 | +€907 | +30.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €996 | €1,903 | +€907 | +91.0% |
| Amounts payable | 17/49 | €35,594 | €30,729 | -€4,864 | -13.7% |
| Amounts payable after more than one year | 17 | €22,570 | €17,096 | -€5,474 | -24.3% |
| Financial debts | 170/4 | €22,570 | €17,096 | -€5,474 | -24.3% |
| Amounts payable within one year | 42/48 | €13,024 | €13,633 | +€609 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €5,118 | €4,474 | -€644 | -12.6% |
| Trade debts | 44 | €606 | €95 | -€511 | -84.3% |
| Suppliers | 440/4 | €606 | €95 | -€511 | -84.3% |
| Taxes, remuneration and social security | 45 | €7,300 | €9,065 | +€1,765 | +24.2% |
| Taxes | 450/3 | €7,300 | €9,065 | +€1,765 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,643 | €6,610 | +€4,966 | +302.2% |
| Other operating charges | 640/8 | €442 | €1,747 | +€1,306 | +295.8% |
| Gross operating margin | 9900 | €3,987 | €10,002 | +€6,015 | +150.9% |
| Operating profit (loss) | 9901 | €1,902 | €1,645 | -€258 | -13.5% |
| Financial income | 75/76B | - | €191 | +€191 | |
| Recurring financial income | 75 | - | €191 | +€191 | |
| Financial charges | 65/66B | €546 | €729 | +€183 | +33.5% |
| Recurring financial charges | 65 | €546 | €729 | +€183 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | €1,356 | €1,106 | -€250 | -18.4% |
| Income taxes | 67/77 | €359 | €199 | -€160 | -44.6% |
| Profit (loss) for the period | 9904 | €996 | €907 | -€90 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €996 | €907 | -€90 | -9.0% |
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 9 October 2026 via checked.be.