DE COQOTTE: 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.
DE COQOTTE
Largest movements
- Current investments +€37,999
up €37,999 (+13.8%), from €275,083 to €313,082
- Tangible fixed assets -€24,553
down €24,553 (-5.4%), from €454,522 to €429,969
of which Land and buildings: -€23,378
- Cash +€19,968
up €19,968 (+23.0%), from €86,935 to €106,903
mainly Net result for the year (+€121,629) and Depreciation (+€35,230)
- Reserves +€40,254
up €40,254 (+6.9%), from €585,038 to €625,292
- Debts after one year -€40,175
down €40,175 (-33.1%), from €121,379 to €81,203
- Other debts +€26,209
up €26,209 (+43.8%), from €59,789 to €85,998
- Gross operating margin +€33,670
up €33,670 (+19.2%), from €175,174 to €208,843
- Taxes +€9,677
up €9,677 (+23.8%), from €40,666 to €50,344
- Financial income -€7,423
down €7,423 (-55.3%), from €13,434 to €6,011
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 | €832,560 | €864,487 | +€31,928 | +3.8% |
| Fixed assets | 21/28 | €454,522 | €429,969 | -€24,553 | -5.4% |
| Tangible fixed assets | 22/27 | €454,522 | €429,969 | -€24,553 | -5.4% |
| Land and buildings | 22 | €435,264 | €411,886 | -€23,378 | -5.4% |
| Plant, machinery and equipment | 23 | €18,433 | €17,427 | -€1,006 | -5.5% |
| Furniture and vehicles | 24 | €825 | €655 | -€170 | -20.6% |
| Current assets | 29/58 | €378,037 | €434,518 | +€56,481 | +14.9% |
| Stocks and contracts in progress | 3 | €6,587 | €7,375 | +€788 | +12.0% |
| Stocks | 30/36 | €6,587 | €7,375 | +€788 | +12.0% |
| Amounts receivable within one year | 40/41 | €4,393 | €3,605 | -€788 | -17.9% |
| Trade receivables | 40 | €3,003 | €2,215 | -€788 | -26.2% |
| Other amounts receivable | 41 | €1,390 | €1,390 | = | 0.0% |
| Current investments | 50/53 | €275,083 | €313,082 | +€37,999 | +13.8% |
| Cash at bank and in hand | 54/58 | €86,935 | €106,903 | +€19,968 | +23.0% |
| Deferred charges and accrued income | 490/1 | €5,040 | €3,554 | -€1,485 | -29.5% |
| Total equity and liabilities | 10/49 | €832,560 | €864,487 | +€31,928 | +3.8% |
| Equity | 10/15 | €605,038 | €645,292 | +€40,254 | +6.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €585,038 | €625,292 | +€40,254 | +6.9% |
| Distributable reserves | 133 | €585,038 | €625,292 | +€40,254 | +6.9% |
| Amounts payable | 17/49 | €227,521 | €219,195 | -€8,326 | -3.7% |
| Amounts payable after more than one year | 17 | €121,379 | €81,203 | -€40,175 | -33.1% |
| Financial debts | 170/4 | €121,379 | €81,203 | -€40,175 | -33.1% |
| Amounts payable within one year | 42/48 | €105,586 | €137,847 | +€32,261 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | €38,922 | €40,175 | +€1,253 | +3.2% |
| Trade debts | 44 | €1,258 | €3,873 | +€2,614 | +208% |
| Suppliers | 440/4 | €1,258 | €3,873 | +€2,614 | +208% |
| Taxes, remuneration and social security | 45 | €5,616 | €7,801 | +€2,185 | +38.9% |
| Taxes | 450/3 | €2,366 | €4,551 | +€2,185 | +92.3% |
| Remuneration and social security | 454/9 | €3,250 | €3,250 | = | 0.0% |
| Other amounts payable | 47/48 | €59,789 | €85,998 | +€26,209 | +43.8% |
| Accrued charges and deferred income | 492/3 | €556 | €145 | -€412 | -74.0% |
| Remuneration, social security and pensions | 62 | €954 | -€23 | -€976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,514 | €35,230 | +€716 | +2.1% |
| Other operating charges | 640/8 | €2,359 | €2,443 | +€84 | +3.5% |
| Gross operating margin | 9900 | €175,174 | €208,843 | +€33,670 | +19.2% |
| Operating profit (loss) | 9901 | €137,347 | €171,194 | +€33,847 | +24.6% |
| Financial income | 75/76B | €13,434 | €6,011 | -€7,423 | -55.3% |
| Recurring financial income | 75 | €13,434 | €6,011 | -€7,423 | -55.3% |
| Financial charges | 65/66B | €6,100 | €5,232 | -€868 | -14.2% |
| Recurring financial charges | 65 | €6,100 | €5,232 | -€868 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €144,681 | €171,973 | +€27,292 | +18.9% |
| Income taxes | 67/77 | €40,666 | €50,344 | +€9,677 | +23.8% |
| Profit (loss) for the period | 9904 | €104,014 | €121,629 | +€17,615 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €104,014 | €121,629 | +€17,615 | +16.9% |
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 27 October 2026 via checked.be.