COQUETO: 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.
COQUETO
Largest movements
- Stocks and contracts -€18,450
no longer reported in 2025 (was €18,450)
- Receivables within one year +€16,578
up €16,578 (+44.1%), from €37,607 to €54,185
of which Trade receivables: +€16,860
- Other debts -€1,855
down €1,855 (-12.9%), from €14,358 to €12,503
- Short-term financial debts -€1,022
down €1,022 (-20.2%), from €5,066 to €4,044
- Gross operating margin -€22,855
down €22,855 (-92.4%), from €24,737 to €1,882
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,403 | €54,484 | -€1,919 | -3.4% |
| Fixed assets | 21/28 | €83 | - | -€83 | |
| Tangible fixed assets | 22/27 | €83 | - | -€83 | |
| Furniture and vehicles | 24 | €83 | - | -€83 | |
| Current assets | 29/58 | €56,320 | €54,484 | -€1,837 | -3.3% |
| Stocks and contracts in progress | 3 | €18,450 | - | -€18,450 | |
| Contracts in progress | 37 | €18,450 | - | -€18,450 | |
| Amounts receivable within one year | 40/41 | €37,607 | €54,185 | +€16,578 | +44.1% |
| Trade receivables | 40 | €37,325 | €54,185 | +€16,860 | +45.2% |
| Other amounts receivable | 41 | €282 | - | -€282 | |
| Deferred charges and accrued income | 490/1 | €263 | €299 | +€35 | +13.4% |
| Total equity and liabilities | 10/49 | €56,403 | €54,484 | -€1,919 | -3.4% |
| Equity | 10/15 | €30,395 | €30,957 | +€563 | +1.9% |
| Contributions | 10/11 | €163,604 | €163,604 | = | 0.0% |
| Reserves | 13 | €2,677 | €2,677 | = | 0.0% |
| Distributable reserves | 133 | €2,677 | €2,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,887 | -€135,324 | +€563 | +0.4% |
| Amounts payable | 17/49 | €26,008 | €23,526 | -€2,482 | -9.5% |
| Amounts payable within one year | 42/48 | €26,008 | €23,526 | -€2,482 | -9.5% |
| Financial debts | 43 | €5,066 | €4,044 | -€1,022 | -20.2% |
| Credit institutions | 430/8 | €5,066 | €4,044 | -€1,022 | -20.2% |
| Trade debts | 44 | €6,584 | €6,818 | +€234 | +3.6% |
| Suppliers | 440/4 | €6,584 | €6,818 | +€234 | +3.6% |
| Taxes, remuneration and social security | 45 | - | €161 | +€161 | |
| Taxes | 450/3 | - | €161 | +€161 | |
| Other amounts payable | 47/48 | €14,358 | €12,503 | -€1,855 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89 | €83 | -€6 | -6.9% |
| Other operating charges | 640/8 | €693 | €528 | -€166 | -23.9% |
| Gross operating margin | 9900 | €24,737 | €1,882 | -€22,855 | -92.4% |
| Operating profit (loss) | 9901 | €23,955 | €1,271 | -€22,683 | -94.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €912 | €709 | -€203 | -22.3% |
| Recurring financial charges | 65 | €912 | €709 | -€203 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €23,043 | €563 | -€22,481 | -97.6% |
| Profit (loss) for the period | 9904 | €23,043 | €563 | -€22,481 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,043 | €563 | -€22,481 | -97.6% |
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 18 October 2026 via checked.be.