COQORO: 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.
COQORO
Largest movements
- Receivables within one year -€58,183
down €58,183 (-71.0%), from €81,985 to €23,802
of which Other amounts receivable: -€42,729
- Cash -€36,286
down €36,286 (-73.7%), from €49,242 to €12,956
mainly Debts after one year (-€89,241) and Investment in fixed assets (net) (-€46,722)
- Tangible fixed assets +€25,786
up €25,786 (+47.9%), from €53,887 to €79,672
of which Leasing and similar rights: +€68,834
- Other debts +€91,633
up €91,633, from €0 to €91,633
- Debts after one year -€89,241
down €89,241 (-61.0%), from €146,276 to €57,035
- Profit (loss) carried forward -€35,390
new in 2025: -€35,390
- Tax, wage and social debts -€33,152
down €33,152 (-67.2%), from €49,326 to €16,173
of which Taxes: -€35,927
- Trade debts -€5,425
down €5,425 (-68.4%), from €7,936 to €2,511
- Financial income -€20,782
down €20,782 (-80.3%), from €25,881 to €5,099
of which Non-recurring financial income: -€21,563
- Other operating charges +€14,834
up €14,834 (+560.6%), from €2,646 to €17,480
- Gross operating margin -€9,135
down €9,135 (-54.8%), from €16,664 to €7,529
- Depreciation +€5,940
up €5,940 (+39.6%), from €14,996 to €20,936
- Taxes -€4,078
down €4,078 (-94.4%), from €4,320 to €242
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 | €311,107 | €241,641 | -€69,466 | -22.3% |
| Fixed assets | 21/28 | €53,887 | €79,672 | +€25,786 | +47.9% |
| Tangible fixed assets | 22/27 | €53,887 | €79,672 | +€25,786 | +47.9% |
| Plant, machinery and equipment | 23 | €2,273 | €1,557 | -€716 | -31.5% |
| Furniture and vehicles | 24 | €51,613 | €9,282 | -€42,332 | -82.0% |
| Leasing and similar rights | 25 | - | €68,834 | +€68,834 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €257,221 | €161,969 | -€95,252 | -37.0% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €81,985 | €23,802 | -€58,183 | -71.0% |
| Trade receivables | 40 | €38,118 | €22,664 | -€15,454 | -40.5% |
| Other amounts receivable | 41 | €43,866 | €1,138 | -€42,729 | -97.4% |
| Cash at bank and in hand | 54/58 | €49,242 | €12,956 | -€36,286 | -73.7% |
| Deferred charges and accrued income | 490/1 | €994 | €211 | -€783 | -78.8% |
| Total equity and liabilities | 10/49 | €311,107 | €241,641 | -€69,466 | -22.3% |
| Equity | 10/15 | €93,556 | €58,166 | -€35,390 | -37.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €92,556 | €92,556 | = | 0.0% |
| Distributable reserves | 133 | €92,556 | €92,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,390 | -€35,390 | |
| Amounts payable | 17/49 | €217,551 | €183,475 | -€34,076 | -15.7% |
| Amounts payable after more than one year | 17 | €146,276 | €57,035 | -€89,241 | -61.0% |
| Financial debts | 170/4 | €146,276 | €57,035 | -€89,241 | -61.0% |
| Amounts payable within one year | 42/48 | €71,275 | €126,440 | +€55,165 | +77.4% |
| Current portion of amounts payable after more than one year | 42 | €14,013 | €16,124 | +€2,110 | +15.1% |
| Trade debts | 44 | €7,936 | €2,511 | -€5,425 | -68.4% |
| Suppliers | 440/4 | €7,936 | €2,511 | -€5,425 | -68.4% |
| Taxes, remuneration and social security | 45 | €49,326 | €16,173 | -€33,152 | -67.2% |
| Taxes | 450/3 | €49,326 | €13,398 | -€35,927 | -72.8% |
| Remuneration and social security | 454/9 | - | €2,775 | +€2,775 | |
| Other amounts payable | 47/48 | €0 | €91,633 | +€91,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,996 | €20,936 | +€5,940 | +39.6% |
| Other operating charges | 640/8 | €2,646 | €17,480 | +€14,834 | +560.6% |
| Non-recurring operating charges | 66A | €1,457 | €0 | -€1,457 | -100.0% |
| Gross operating margin | 9900 | €16,664 | €7,529 | -€9,135 | -54.8% |
| Operating profit (loss) | 9901 | -€2,435 | -€30,887 | -€28,452 | -1168.3% |
| Financial income | 75/76B | €25,881 | €5,099 | -€20,782 | -80.3% |
| Recurring financial income | 75 | €4,318 | €5,099 | +€781 | +18.1% |
| Non-recurring financial income | 76B | €21,563 | €0 | -€21,563 | -100.0% |
| Financial charges | 65/66B | €10,824 | €9,360 | -€1,464 | -13.5% |
| Recurring financial charges | 65 | €10,824 | €9,360 | -€1,464 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €12,622 | -€35,148 | -€47,770 | |
| Income taxes | 67/77 | €4,320 | €242 | -€4,078 | -94.4% |
| Profit (loss) for the period | 9904 | €8,301 | -€35,390 | -€43,691 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,301 | -€35,390 | -€43,691 |
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 8 October 2026 via checked.be.