COKOON: 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.
COKOON
Largest movements
- Tangible fixed assets -€26,053
down €26,053 (-41.2%), from €63,189 to €37,135
of which Furniture and vehicles: -€26,007
- Intangible fixed assets -€11,729
down €11,729 (-17.0%), from €68,855 to €57,126
- Receivables within one year -€8,379
down €8,379 (-26.3%), from €31,886 to €23,507
of which Trade receivables: -€8,324
- Cash -€2,529
down €2,529 (-11.1%), from €22,804 to €20,275
mainly Debts after one year (-€34,720) and Trade debts (-€17,813)
- Debts after one year -€34,720
down €34,720 (-40.1%), from €86,563 to €51,843
- Trade debts -€17,813
down €17,813 (-73.6%), from €24,208 to €6,395
- Other debts -€7,621
down €7,621 (-75.3%), from €10,121 to €2,500
- Tax, wage and social debts +€7,167
up €7,167 (+24.0%), from €29,801 to €36,968
of which Taxes: +€6,500
- Gross operating margin +€26,985
up €26,985 (+17.9%), from €150,715 to €177,700
- Depreciation +€8,461
up €8,461 (+22.9%), from €36,932 to €45,393
- Taxes +€5,129
up €5,129 (+259%), from €1,977 to €7,106
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 | €189,817 | €141,878 | -€47,938 | -25.3% |
| Fixed assets | 21/28 | €132,223 | €94,441 | -€37,782 | -28.6% |
| Intangible fixed assets | 21 | €68,855 | €57,126 | -€11,729 | -17.0% |
| Tangible fixed assets | 22/27 | €63,189 | €37,135 | -€26,053 | -41.2% |
| Furniture and vehicles | 24 | €63,142 | €37,135 | -€26,007 | -41.2% |
| Other tangible fixed assets | 26 | €46 | - | -€46 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €57,593 | €47,437 | -€10,156 | -17.6% |
| Amounts receivable within one year | 40/41 | €31,886 | €23,507 | -€8,379 | -26.3% |
| Trade receivables | 40 | €31,808 | €23,484 | -€8,324 | -26.2% |
| Other amounts receivable | 41 | €79 | €23 | -€55 | -70.6% |
| Cash at bank and in hand | 54/58 | €22,804 | €20,275 | -€2,529 | -11.1% |
| Deferred charges and accrued income | 490/1 | €2,904 | €3,656 | +€752 | +25.9% |
| Total equity and liabilities | 10/49 | €189,817 | €141,878 | -€47,938 | -25.3% |
| Equity | 10/15 | €6,026 | €7,694 | +€1,668 | +27.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,974 | -€22,306 | +€1,668 | +7.0% |
| Amounts payable | 17/49 | €183,790 | €134,184 | -€49,606 | -27.0% |
| Amounts payable after more than one year | 17 | €86,563 | €51,843 | -€34,720 | -40.1% |
| Financial debts | 170/4 | €86,563 | €51,843 | -€34,720 | -40.1% |
| Amounts payable within one year | 42/48 | €97,228 | €80,582 | -€16,646 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €33,099 | €34,720 | +€1,621 | +4.9% |
| Trade debts | 44 | €24,208 | €6,395 | -€17,813 | -73.6% |
| Suppliers | 440/4 | €24,208 | €6,395 | -€17,813 | -73.6% |
| Taxes, remuneration and social security | 45 | €29,801 | €36,968 | +€7,167 | +24.0% |
| Taxes | 450/3 | €10,689 | €17,189 | +€6,500 | +60.8% |
| Remuneration and social security | 454/9 | €19,112 | €19,779 | +€667 | +3.5% |
| Other amounts payable | 47/48 | €10,121 | €2,500 | -€7,621 | -75.3% |
| Accrued charges and deferred income | 492/3 | - | €1,759 | +€1,759 | |
| Remuneration, social security and pensions | 62 | €115,042 | €116,817 | +€1,775 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,932 | €45,393 | +€8,461 | +22.9% |
| Other operating charges | 640/8 | €1,589 | €1,481 | -€108 | -6.8% |
| Gross operating margin | 9900 | €150,715 | €177,700 | +€26,985 | +17.9% |
| Operating profit (loss) | 9901 | -€2,848 | €14,009 | +€16,857 | |
| Financial income | 75/76B | €347 | €1 | -€345 | -99.6% |
| Recurring financial income | 75 | €347 | €1 | -€345 | -99.6% |
| Financial charges | 65/66B | €5,695 | €5,237 | -€459 | -8.1% |
| Recurring financial charges | 65 | €5,695 | €5,237 | -€459 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,197 | €8,774 | +€16,971 | |
| Income taxes | 67/77 | €1,977 | €7,106 | +€5,129 | +259% |
| Profit (loss) for the period | 9904 | -€10,174 | €1,668 | +€11,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,174 | €1,668 | +€11,842 |
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 17 October 2026 via checked.be.