ENTERTAINMENT COCOON: 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.
ENTERTAINMENT COCOON
Largest movements
- Receivables within one year -€120,553
down €120,553 (-39.2%), from €307,446 to €186,893
of which Trade receivables: -€167,206
- Cash -€90,610
down €90,610 (-53.2%), from €170,478 to €79,868
mainly Trade debts (-€239,238) and Investment in fixed assets (net) (-€122,375)
- Stocks and contracts -€83,410
down €83,410 (-7.4%), from €1.1m to €1.0m
- Deferred charges and accrued income +€33,686
up €33,686 (+370%), from €9,113 to €42,799
- Tangible fixed assets +€27,093
up €27,093 (+3.3%), from €811,805 to €838,898
of which Land and buildings: +€48,807
- Trade debts -€239,238
down €239,238 (-47.4%), from €504,729 to €265,491
- Other debts +€60,272
up €60,272 (+16.4%), from €367,433 to €427,705
- Tax, wage and social debts -€52,283
down €52,283 (-39.1%), from €133,784 to €81,501
of which Taxes: -€70,619
- Debts after one year -€29,931
down €29,931 (-6.4%), from €470,197 to €440,266
- Current portion of long-term debt +€26,986
up €26,986 (+40.7%), from €66,278 to €93,264
- Staff costs +€61,959
up €61,959 (+15.5%), from €399,959 to €461,918
- Gross operating margin +€40,480
up €40,480 (+7.0%), from €579,337 to €619,817
- Financial charges +€7,526
up €7,526 (+22.7%), from €33,094 to €40,620
- Other operating charges -€7,188
down €7,188 (-35.4%), from €20,315 to €13,127
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 | €2,432,712 | €2,198,923 | -€233,789 | -9.6% |
| Fixed assets | 21/28 | €817,024 | €844,119 | +€27,095 | +3.3% |
| Tangible fixed assets | 22/27 | €811,805 | €838,898 | +€27,093 | +3.3% |
| Land and buildings | 22 | €657,896 | €706,703 | +€48,807 | +7.4% |
| Plant, machinery and equipment | 23 | €105,645 | €98,691 | -€6,954 | -6.6% |
| Furniture and vehicles | 24 | €26,778 | €15,042 | -€11,736 | -43.8% |
| Other tangible fixed assets | 26 | €21,486 | €18,462 | -€3,024 | -14.1% |
| Financial fixed assets | 28 | €5,219 | €5,221 | +€2 | 0.0% |
| Current assets | 29/58 | €1,615,688 | €1,354,804 | -€260,884 | -16.1% |
| Stocks and contracts in progress | 3 | €1,126,356 | €1,042,946 | -€83,410 | -7.4% |
| Stocks | 30/36 | €1,126,356 | €1,042,946 | -€83,410 | -7.4% |
| Amounts receivable within one year | 40/41 | €307,446 | €186,893 | -€120,553 | -39.2% |
| Trade receivables | 40 | €266,365 | €99,159 | -€167,206 | -62.8% |
| Other amounts receivable | 41 | €41,081 | €87,734 | +€46,653 | +114% |
| Current investments | 50/53 | €2,295 | €2,298 | +€3 | +0.1% |
| Cash at bank and in hand | 54/58 | €170,478 | €79,868 | -€90,610 | -53.2% |
| Deferred charges and accrued income | 490/1 | €9,113 | €42,799 | +€33,686 | +370% |
| Total equity and liabilities | 10/49 | €2,432,712 | €2,198,923 | -€233,789 | -9.6% |
| Equity | 10/15 | €890,291 | €890,696 | +€405 | 0.0% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €870,791 | €871,196 | +€405 | 0.0% |
| Distributable reserves | 133 | €870,791 | €871,196 | +€405 | 0.0% |
| Amounts payable | 17/49 | €1,542,421 | €1,308,227 | -€234,194 | -15.2% |
| Amounts payable after more than one year | 17 | €470,197 | €440,266 | -€29,931 | -6.4% |
| Financial debts | 170/4 | €470,197 | €440,266 | -€29,931 | -6.4% |
| Amounts payable within one year | 42/48 | €1,072,224 | €867,961 | -€204,263 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €66,278 | €93,264 | +€26,986 | +40.7% |
| Trade debts | 44 | €504,729 | €265,491 | -€239,238 | -47.4% |
| Suppliers | 440/4 | €504,729 | €265,491 | -€239,238 | -47.4% |
| Taxes, remuneration and social security | 45 | €133,784 | €81,501 | -€52,283 | -39.1% |
| Taxes | 450/3 | €103,132 | €32,513 | -€70,619 | -68.5% |
| Remuneration and social security | 454/9 | €30,652 | €48,988 | +€18,336 | +59.8% |
| Other amounts payable | 47/48 | €367,433 | €427,705 | +€60,272 | +16.4% |
| Remuneration, social security and pensions | 62 | €399,959 | €461,918 | +€61,959 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,039 | €95,280 | +€4,241 | +4.7% |
| Other operating charges | 640/8 | €20,315 | €13,127 | -€7,188 | -35.4% |
| Non-recurring operating charges | 66A | €154 | €1,829 | +€1,675 | +1,088% |
| Gross operating margin | 9900 | €579,337 | €619,817 | +€40,480 | +7.0% |
| Operating profit (loss) | 9901 | €67,870 | €47,663 | -€20,207 | -29.8% |
| Financial income | 75/76B | €42 | €22 | -€20 | -47.6% |
| Recurring financial income | 75 | €42 | €22 | -€20 | -47.6% |
| Financial charges | 65/66B | €33,094 | €40,620 | +€7,526 | +22.7% |
| Recurring financial charges | 65 | €33,094 | €40,620 | +€7,526 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €34,818 | €7,065 | -€27,753 | -79.7% |
| Income taxes | 67/77 | €9,229 | €4,994 | -€4,235 | -45.9% |
| Profit (loss) for the period | 9904 | €25,589 | €2,071 | -€23,518 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,589 | €2,071 | -€23,518 | -91.9% |
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 19 October 2026 via checked.be.