RT COCOONING: 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.
RT COCOONING
Largest movements
- Receivables within one year +€20,757
up €20,757 (+41.2%), from €50,375 to €71,132
of which Trade receivables: +€21,780
- Stocks and contracts -€4,750
down €4,750 (-100.0%), from €4,750 to €0
- Tangible fixed assets -€4,372
down €4,372 (-44.2%), from €9,887 to €5,515
- Cash -€1,038
down €1,038 (-75.1%), from €1,383 to €345
mainly Receivables within one year (-€20,757) and Investment in fixed assets (net) (-€1,198)
- Profit (loss) carried forward +€5,080
up €5,080 (+11.0%), from €46,021 to €51,101
- Tax, wage and social debts +€3,010
up €3,010 (+165.2%), from €1,822 to €4,832
- Trade debts +€1,545
up €1,545 (+225.7%), from €685 to €2,230
- Advances received +€1,000
new in 2025: €1,000
- Gross operating margin +€1,924
up €1,924 (+17.0%), from €11,324 to €13,247
- Taxes +€433
up €433 (+29.3%), from €1,475 to €1,908
- Other operating charges -€321
down €321 (-36.9%), from €870 to €548
- Depreciation +€140
up €140 (+2.6%), from €5,430 to €5,570
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 | €67,128 | €77,763 | +€10,635 | +15.8% |
| Fixed assets | 21/28 | €9,887 | €5,515 | -€4,372 | -44.2% |
| Tangible fixed assets | 22/27 | €9,887 | €5,515 | -€4,372 | -44.2% |
| Furniture and vehicles | 24 | €9,887 | €5,515 | -€4,372 | -44.2% |
| Current assets | 29/58 | €57,241 | €72,248 | +€15,007 | +26.2% |
| Stocks and contracts in progress | 3 | €4,750 | €0 | -€4,750 | -100.0% |
| Stocks | 30/36 | €4,750 | €0 | -€4,750 | -100.0% |
| Amounts receivable within one year | 40/41 | €50,375 | €71,132 | +€20,757 | +41.2% |
| Trade receivables | 40 | €42,378 | €64,158 | +€21,780 | +51.4% |
| Other amounts receivable | 41 | €7,996 | €6,973 | -€1,023 | -12.8% |
| Cash at bank and in hand | 54/58 | €1,383 | €345 | -€1,038 | -75.1% |
| Deferred charges and accrued income | 490/1 | €733 | €772 | +€39 | +5.3% |
| Total equity and liabilities | 10/49 | €67,128 | €77,763 | +€10,635 | +15.8% |
| Equity | 10/15 | €64,621 | €69,701 | +€5,080 | +7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,021 | €51,101 | +€5,080 | +11.0% |
| Amounts payable | 17/49 | €2,507 | €8,062 | +€5,555 | +221.6% |
| Amounts payable within one year | 42/48 | €2,507 | €8,062 | +€5,555 | +221.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €685 | €2,230 | +€1,545 | +225.7% |
| Suppliers | 440/4 | €685 | €2,230 | +€1,545 | +225.7% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €1,822 | €4,832 | +€3,010 | +165.2% |
| Taxes | 450/3 | €1,822 | €4,832 | +€3,010 | +165.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,430 | €5,570 | +€140 | +2.6% |
| Other operating charges | 640/8 | €870 | €548 | -€321 | -36.9% |
| Gross operating margin | 9900 | €11,324 | €13,247 | +€1,924 | +17.0% |
| Operating profit (loss) | 9901 | €5,024 | €7,129 | +€2,105 | +41.9% |
| Financial income | 75/76B | €100 | €0 | -€100 | -100.0% |
| Recurring financial income | 75 | €100 | €0 | -€100 | -100.0% |
| Financial charges | 65/66B | €227 | €141 | -€86 | -37.8% |
| Recurring financial charges | 65 | €227 | €141 | -€86 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €4,897 | €6,988 | +€2,091 | +42.7% |
| Income taxes | 67/77 | €1,475 | €1,908 | +€433 | +29.3% |
| Profit (loss) for the period | 9904 | €3,422 | €5,080 | +€1,658 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,422 | €5,080 | +€1,658 | +48.4% |
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 9 October 2026 via checked.be.