COCOLICO: 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.
COCOLICO
Largest movements
- Receivables within one year +€82,600
up €82,600 (+50.9%), from €162,226 to €244,826
of which Other amounts receivable: +€126,858
- Cash -€68,466
down €68,466 (-57.7%), from €118,609 to €50,144
mainly Receivables within one year (-€82,600) and Investment in fixed assets (net) (-€50,377)
- Tangible fixed assets +€10,544
up €10,544 (+2.6%), from €402,495 to €413,039
of which Other tangible fixed assets: +€9,169
- Reserves +€44,062
up €44,062 (+7.0%), from €632,230 to €676,292
- Debts after one year -€20,676
down €20,676 (-30.4%), from €68,032 to €47,356
- Other debts -€9,985
down €9,985 (-25.3%), from €39,478 to €29,493
- Tax, wage and social debts +€8,938
up €8,938 (+41.9%), from €21,336 to €30,274
of which Taxes: +€8,965
- Gross operating margin +€78,235
up €78,235 (+154%), from €50,951 to €129,186
- Taxes +€18,248
up €18,248 (+5,340%), from €342 to €18,589
- Depreciation +€3,219
up €3,219 (+8.8%), from €36,614 to €39,833
- Financial income +€3,130
up €3,130 (+137%), from €2,279 to €5,409
- Other operating charges -€2,772
down €2,772 (-8.5%), from €32,666 to €29,894
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 | €853,183 | €878,381 | +€25,198 | +3.0% |
| Fixed assets | 21/28 | €507,495 | €518,039 | +€10,544 | +2.1% |
| Tangible fixed assets | 22/27 | €402,495 | €413,039 | +€10,544 | +2.6% |
| Land and buildings | 22 | €334,043 | €339,832 | +€5,789 | +1.7% |
| Plant, machinery and equipment | 23 | €13,625 | €12,850 | -€775 | -5.7% |
| Furniture and vehicles | 24 | €54,826 | €51,188 | -€3,639 | -6.6% |
| Other tangible fixed assets | 26 | - | €9,169 | +€9,169 | |
| Financial fixed assets | 28 | €105,000 | €105,000 | = | 0.0% |
| Current assets | 29/58 | €345,689 | €360,342 | +€14,654 | +4.2% |
| Amounts receivable within one year | 40/41 | €162,226 | €244,826 | +€82,600 | +50.9% |
| Trade receivables | 40 | €78,824 | €34,566 | -€44,258 | -56.1% |
| Other amounts receivable | 41 | €83,402 | €210,260 | +€126,858 | +152% |
| Current investments | 50/53 | €58,550 | €58,550 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €118,609 | €50,144 | -€68,466 | -57.7% |
| Deferred charges and accrued income | 490/1 | €6,304 | €6,823 | +€519 | +8.2% |
| Total equity and liabilities | 10/49 | €853,183 | €878,381 | +€25,198 | +3.0% |
| Equity | 10/15 | €684,303 | €728,365 | +€44,062 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €632,230 | €676,292 | +€44,062 | +7.0% |
| Distributable reserves | 133 | €632,230 | €676,292 | +€44,062 | +7.0% |
| Profit (loss) carried forward | 14 | €45,873 | €45,873 | = | 0.0% |
| Amounts payable | 17/49 | €168,880 | €150,016 | -€18,864 | -11.2% |
| Amounts payable after more than one year | 17 | €68,032 | €47,356 | -€20,676 | -30.4% |
| Financial debts | 170/4 | €68,032 | €47,356 | -€20,676 | -30.4% |
| Amounts payable within one year | 42/48 | €100,848 | €101,160 | +€312 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €22,759 | €20,676 | -€2,083 | -9.2% |
| Financial debts | 43 | €1,221 | €134 | -€1,086 | -89.0% |
| Credit institutions | 430/8 | €1,221 | €134 | -€1,086 | -89.0% |
| Trade debts | 44 | €16,055 | €20,583 | +€4,528 | +28.2% |
| Suppliers | 440/4 | €16,055 | €20,583 | +€4,528 | +28.2% |
| Taxes, remuneration and social security | 45 | €21,336 | €30,274 | +€8,938 | +41.9% |
| Taxes | 450/3 | €18,350 | €27,315 | +€8,965 | +48.9% |
| Remuneration and social security | 454/9 | €2,986 | €2,959 | -€27 | -0.9% |
| Other amounts payable | 47/48 | €39,478 | €29,493 | -€9,985 | -25.3% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,614 | €39,833 | +€3,219 | +8.8% |
| Other operating charges | 640/8 | €32,666 | €29,894 | -€2,772 | -8.5% |
| Gross operating margin | 9900 | €50,951 | €129,186 | +€78,235 | +154% |
| Operating profit (loss) | 9901 | -€18,328 | €59,459 | +€77,788 | |
| Financial income | 75/76B | €2,279 | €5,409 | +€3,130 | +137% |
| Recurring financial income | 75 | €2,279 | €5,409 | +€3,130 | +137% |
| Financial charges | 65/66B | €1,242 | €2,217 | +€975 | +78.5% |
| Recurring financial charges | 65 | €1,242 | €2,217 | +€975 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,291 | €62,651 | +€79,942 | |
| Income taxes | 67/77 | €342 | €18,589 | +€18,248 | +5,340% |
| Profit (loss) for the period | 9904 | -€17,633 | €44,062 | +€61,695 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,633 | €44,062 | +€61,695 |
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.