COOKIE: 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.
COOKIE
Largest movements
- Receivables after one year +€175,000
up €175,000 (+92.8%), from €188,500 to €363,500
- Cash -€53,247
down €53,247 (-73.4%), from €72,547 to €19,300
mainly Receivables after one year (-€175,000) and Contributions, distributions and other (-€109,091)
- Tangible fixed assets -€18,636
down €18,636 (-25.2%), from €73,869 to €55,233
of which Other tangible fixed assets: -€9,485
- Receivables within one year +€9,068
up €9,068 (+12.1%), from €75,045 to €84,113
of which Other amounts receivable: +€9,915
- Other debts +€194,237
up €194,237 (+60.0%), from €323,937 to €518,173
- Reserves -€109,091
down €109,091 (-100.0%), from €109,091 to €0
- Profit (loss) carried forward +€24,122
up €24,122 (+56.8%), from -€42,475 to -€18,353
- Tax, wage and social debts +€6,861
up €6,861 (+1805.5%), from €380 to €7,241
- Gross operating margin -€18,247
down €18,247 (-36.4%), from €50,103 to €31,855
- Financial income -€7,449
down €7,449 (-34.2%), from €21,787 to €14,338
- Financial charges -€1,043
down €1,043 (-32.1%), from €3,250 to €2,207
- Depreciation +€596
up €596 (+4.2%), from €14,185 to €14,782
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 | €411,276 | €530,050 | +€118,775 | +28.9% |
| Fixed assets | 21/28 | €73,869 | €60,233 | -€13,636 | -18.5% |
| Tangible fixed assets | 22/27 | €73,869 | €55,233 | -€18,636 | -25.2% |
| Plant, machinery and equipment | 23 | €1,833 | €1,098 | -€735 | -40.1% |
| Furniture and vehicles | 24 | €25,128 | €16,712 | -€8,416 | -33.5% |
| Other tangible fixed assets | 26 | €46,908 | €37,423 | -€9,485 | -20.2% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €337,407 | €469,817 | +€132,411 | +39.2% |
| Amounts receivable after more than one year | 29 | €188,500 | €363,500 | +€175,000 | +92.8% |
| Other amounts receivable | 291 | €188,500 | €363,500 | +€175,000 | +92.8% |
| Amounts receivable within one year | 40/41 | €75,045 | €84,113 | +€9,068 | +12.1% |
| Trade receivables | 40 | €24,243 | €23,396 | -€847 | -3.5% |
| Other amounts receivable | 41 | €50,802 | €60,717 | +€9,915 | +19.5% |
| Cash at bank and in hand | 54/58 | €72,547 | €19,300 | -€53,247 | -73.4% |
| Deferred charges and accrued income | 490/1 | €1,315 | €2,904 | +€1,589 | +120.9% |
| Total equity and liabilities | 10/49 | €411,276 | €530,050 | +€118,775 | +28.9% |
| Equity | 10/15 | €86,616 | €1,647 | -€84,969 | -98.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €109,091 | €0 | -€109,091 | -100.0% |
| Distributable reserves | 133 | €109,091 | €0 | -€109,091 | -100.0% |
| Profit (loss) carried forward | 14 | -€42,475 | -€18,353 | +€24,122 | +56.8% |
| Amounts payable | 17/49 | €324,660 | €528,404 | +€203,743 | +62.8% |
| Amounts payable within one year | 42/48 | €324,660 | €528,404 | +€203,743 | +62.8% |
| Trade debts | 44 | €343 | €2,989 | +€2,646 | +770.6% |
| Suppliers | 440/4 | €343 | €2,989 | +€2,646 | +770.6% |
| Taxes, remuneration and social security | 45 | €380 | €7,241 | +€6,861 | +1805.5% |
| Taxes | 450/3 | €380 | €7,241 | +€6,861 | +1805.5% |
| Other amounts payable | 47/48 | €323,937 | €518,173 | +€194,237 | +60.0% |
| Non-recurring operating income | 76A | €4,330 | €0 | -€4,330 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,185 | €14,782 | +€596 | +4.2% |
| Other operating charges | 640/8 | €1,188 | €1,076 | -€112 | -9.4% |
| Non-recurring operating charges | 66A | - | €3,854 | +€3,854 | |
| Gross operating margin | 9900 | €50,103 | €31,855 | -€18,247 | -36.4% |
| Operating profit (loss) | 9901 | €34,729 | €12,143 | -€22,586 | -65.0% |
| Financial income | 75/76B | €21,787 | €14,338 | -€7,449 | -34.2% |
| Recurring financial income | 75 | €21,787 | €14,338 | -€7,449 | -34.2% |
| Financial charges | 65/66B | €3,250 | €2,207 | -€1,043 | -32.1% |
| Recurring financial charges | 65 | €3,250 | €2,207 | -€1,043 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €53,267 | €24,274 | -€28,992 | -54.4% |
| Income taxes | 67/77 | €380 | €152 | -€228 | -60.0% |
| Profit (loss) for the period | 9904 | €52,887 | €24,122 | -€28,764 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,887 | €24,122 | -€28,764 | -54.4% |
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 29 September 2026 via checked.be.