Dr COCHE JC: 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.
Dr COCHE JC
Largest movements
- Current investments +€27,385
up €27,385 (+6.0%), from €460,009 to €487,394
- Cash +€23,914
up €23,914 (+38.0%), from €63,010 to €86,925
mainly Other debts (+€237,893) and Net result for the year (+€112,809)
- Tangible fixed assets -€17,117
down €17,117 (-43.3%), from €39,533 to €22,416
of which Furniture and vehicles: -€15,667
- Other debts +€237,893
up €237,893 (+793%), from €29,987 to €267,881
- Reserves -€230,000
down €230,000 (-42.0%), from €548,160 to €318,160
- Tax, wage and social debts +€18,956
up €18,956 (+6,113%), from €310 to €19,266
- Gross operating margin +€4,605
up €4,605 (+2.7%), from €170,620 to €175,226
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 | €616,915 | €642,249 | +€25,334 | +4.1% |
| Fixed assets | 21/28 | €39,533 | €22,416 | -€17,117 | -43.3% |
| Tangible fixed assets | 22/27 | €39,533 | €22,416 | -€17,117 | -43.3% |
| Plant, machinery and equipment | 23 | €1,156 | €900 | -€256 | -22.1% |
| Furniture and vehicles | 24 | €37,183 | €21,516 | -€15,667 | -42.1% |
| Other tangible fixed assets | 26 | €1,194 | - | -€1,194 | |
| Current assets | 29/58 | €577,382 | €619,833 | +€42,451 | +7.4% |
| Amounts receivable within one year | 40/41 | €45,980 | €39,733 | -€6,247 | -13.6% |
| Trade receivables | 40 | €43,067 | €38,606 | -€4,461 | -10.4% |
| Other amounts receivable | 41 | €2,913 | €1,128 | -€1,786 | -61.3% |
| Current investments | 50/53 | €460,009 | €487,394 | +€27,385 | +6.0% |
| Cash at bank and in hand | 54/58 | €63,010 | €86,925 | +€23,914 | +38.0% |
| Deferred charges and accrued income | 490/1 | €8,382 | €5,781 | -€2,601 | -31.0% |
| Total equity and liabilities | 10/49 | €616,915 | €642,249 | +€25,334 | +4.1% |
| Equity | 10/15 | €564,882 | €334,832 | -€230,050 | -40.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €548,160 | €318,160 | -€230,000 | -42.0% |
| Distributable reserves | 133 | €548,160 | €318,160 | -€230,000 | -42.0% |
| Profit (loss) carried forward | 14 | €4,322 | €4,272 | -€50 | -1.1% |
| Amounts payable | 17/49 | €52,033 | €307,417 | +€255,384 | +491% |
| Amounts payable after more than one year | 17 | €5,139 | - | -€5,139 | |
| Financial debts | 170/4 | €5,139 | - | -€5,139 | |
| Amounts payable within one year | 42/48 | €46,894 | €304,029 | +€257,135 | +548% |
| Current portion of amounts payable after more than one year | 42 | €5,085 | €5,139 | +€54 | +1.1% |
| Trade debts | 44 | €11,512 | €11,743 | +€232 | +2.0% |
| Suppliers | 440/4 | €11,512 | €11,743 | +€232 | +2.0% |
| Taxes, remuneration and social security | 45 | €310 | €19,266 | +€18,956 | +6,113% |
| Taxes | 450/3 | €310 | €19,266 | +€18,956 | +6,113% |
| Other amounts payable | 47/48 | €29,987 | €267,881 | +€237,893 | +793% |
| Accrued charges and deferred income | 492/3 | - | €3,388 | +€3,388 | |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,528 | €17,117 | -€1,411 | -7.6% |
| Other operating charges | 640/8 | €1,970 | €1,081 | -€889 | -45.1% |
| Gross operating margin | 9900 | €170,620 | €175,226 | +€4,605 | +2.7% |
| Operating profit (loss) | 9901 | €150,122 | €157,028 | +€6,905 | +4.6% |
| Financial income | 75/76B | €3,862 | €5,085 | +€1,223 | +31.7% |
| Recurring financial income | 75 | €3,862 | €5,085 | +€1,223 | +31.7% |
| Financial charges | 65/66B | €1,075 | €1,058 | -€18 | -1.6% |
| Recurring financial charges | 65 | €1,075 | €1,058 | -€18 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €152,909 | €161,055 | +€8,146 | +5.3% |
| Income taxes | 67/77 | €46,952 | €48,246 | +€1,294 | +2.8% |
| Profit (loss) for the period | 9904 | €105,957 | €112,809 | +€6,852 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,957 | €112,809 | +€6,852 | +6.5% |
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 29 October 2026 via checked.be.