COOCON: 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.
COOCON
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€49,811
down €49,811 (-36.3%), from €137,224 to €87,414
mainly Current investments (-€75,000) and Investment in fixed assets (net) (-€20,935)
- Tangible fixed assets -€11,833
down €11,833 (-10.6%), from €111,216 to €99,383
of which Land and buildings: -€15,113
- Receivables within one year -€10,950
down €10,950 (-43.1%), from €25,421 to €14,471
of which Trade receivables: -€10,939
- Deferred charges and accrued income +€3,777
up €3,777 (+1751.2%), from €216 to €3,992
- Other debts -€16,666
no longer reported in 2025 (was €16,666)
- Reserves +€14,507
up €14,507 (+11.5%), from €126,026 to €140,533
of which Distributable reserves: +€14,507
- Debts after one year +€7,729
up €7,729 (+9.0%), from €86,147 to €93,876
of which Other amounts payable: +€18,151
- Trade debts -€7,172
down €7,172 (-65.7%), from €10,919 to €3,747
- Tax, wage and social debts +€5,632
up €5,632 (+97.4%), from €5,785 to €11,417
of which Taxes: +€5,632
- Depreciation +€9,860
up €9,860 (+43.0%), from €22,907 to €32,767
- Gross operating margin -€6,967
down €6,967 (-9.4%), from €73,952 to €66,985
- Financial charges +€2,744
up €2,744 (+37.5%), from €7,308 to €10,052
- Other operating charges +€2,101
up €2,101 (+304.7%), from €689 to €2,790
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 | €274,077 | €280,260 | +€6,183 | +2.3% |
| Fixed assets | 21/28 | €111,216 | €99,383 | -€11,833 | -10.6% |
| Tangible fixed assets | 22/27 | €111,216 | €99,383 | -€11,833 | -10.6% |
| Land and buildings | 22 | €45,822 | €30,709 | -€15,113 | -33.0% |
| Plant, machinery and equipment | 23 | €25,736 | €37,249 | +€11,513 | +44.7% |
| Furniture and vehicles | 24 | €39,658 | €31,425 | -€8,232 | -20.8% |
| Current assets | 29/58 | €162,861 | €180,877 | +€18,016 | +11.1% |
| Amounts receivable within one year | 40/41 | €25,421 | €14,471 | -€10,950 | -43.1% |
| Trade receivables | 40 | €25,411 | €14,471 | -€10,939 | -43.1% |
| Other amounts receivable | 41 | €11 | - | -€11 | |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €137,224 | €87,414 | -€49,811 | -36.3% |
| Deferred charges and accrued income | 490/1 | €216 | €3,992 | +€3,777 | +1751.2% |
| Total equity and liabilities | 10/49 | €274,077 | €280,260 | +€6,183 | +2.3% |
| Equity | 10/15 | €144,626 | €160,799 | +€16,173 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,026 | €140,533 | +€14,507 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €124,166 | €138,673 | +€14,507 | +11.7% |
| Profit (loss) carried forward | 14 | - | €1,666 | +€1,666 | |
| Amounts payable | 17/49 | €129,451 | €119,462 | -€9,990 | -7.7% |
| Amounts payable after more than one year | 17 | €86,147 | €93,876 | +€7,729 | +9.0% |
| Financial debts | 170/4 | €30,873 | €20,451 | -€10,422 | -33.8% |
| Other amounts payable | 178/9 | €55,274 | €73,425 | +€18,151 | +32.8% |
| Amounts payable within one year | 42/48 | €43,305 | €25,585 | -€17,719 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €9,935 | €10,422 | +€487 | +4.9% |
| Trade debts | 44 | €10,919 | €3,747 | -€7,172 | -65.7% |
| Suppliers | 440/4 | €10,919 | €3,747 | -€7,172 | -65.7% |
| Taxes, remuneration and social security | 45 | €5,785 | €11,417 | +€5,632 | +97.4% |
| Taxes | 450/3 | €4,300 | €9,932 | +€5,632 | +131.0% |
| Remuneration and social security | 454/9 | €1,485 | €1,485 | = | 0.0% |
| Other amounts payable | 47/48 | €16,666 | - | -€16,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,907 | €32,767 | +€9,860 | +43.0% |
| Other operating charges | 640/8 | €689 | €2,790 | +€2,101 | +304.7% |
| Gross operating margin | 9900 | €73,952 | €66,985 | -€6,967 | -9.4% |
| Operating profit (loss) | 9901 | €50,355 | €31,427 | -€18,928 | -37.6% |
| Financial income | 75/76B | €2,301 | €2,795 | +€494 | +21.5% |
| Recurring financial income | 75 | €2,301 | €2,795 | +€494 | +21.5% |
| Financial charges | 65/66B | €7,308 | €10,052 | +€2,744 | +37.5% |
| Recurring financial charges | 65 | €7,308 | €10,052 | +€2,744 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €45,348 | €24,170 | -€21,178 | -46.7% |
| Income taxes | 67/77 | €8,676 | €7,997 | -€680 | -7.8% |
| Profit (loss) for the period | 9904 | €36,672 | €16,173 | -€20,499 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,672 | €16,173 | -€20,499 | -55.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.