12 Coups: what changed
Two fiscal 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.
12 Coups
Largest movements
- Receivables within one year -€399,764
down €399,764 (-76.0%), from €525,739 to €125,975
of which Other amounts receivable: -€257,842
- Intangible fixed assets +€185,000
new in 2025: €185,000
- Deferred charges and accrued income +€161,825
new in 2025: €161,825
- Cash +€36,735
up €36,735 (+25.3%), from €145,079 to €181,813
mainly Receivables within one year (+€399,764) and Tax, wage and social debts (+€35,974)
- Trade debts -€70,856
down €70,856 (-11.5%), from €618,333 to €547,478
- Tax, wage and social debts +€35,974
up €35,974 (+228.4%), from €15,747 to €51,721
- Profit (loss) carried forward +€18,677
up €18,677 (+69.9%), from €26,737 to €45,414
- Gross operating margin -€18,276
down €18,276 (-41.4%), from €44,100 to €25,824
- Taxes -€2,015
down €2,015 (-30.1%), from €6,684 to €4,669
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 | €670,818 | €654,613 | -€16,205 | -2.4% |
| Fixed assets | 21/28 | - | €185,000 | +€185,000 | |
| Intangible fixed assets | 21 | - | €185,000 | +€185,000 | |
| Current assets | 29/58 | €670,818 | €469,613 | -€201,205 | -30.0% |
| Amounts receivable within one year | 40/41 | €525,739 | €125,975 | -€399,764 | -76.0% |
| Trade receivables | 40 | €259,649 | €117,726 | -€141,922 | -54.7% |
| Other amounts receivable | 41 | €266,090 | €8,248 | -€257,842 | -96.9% |
| Cash at bank and in hand | 54/58 | €145,079 | €181,813 | +€36,735 | +25.3% |
| Deferred charges and accrued income | 490/1 | - | €161,825 | +€161,825 | |
| Total equity and liabilities | 10/49 | €670,818 | €654,613 | -€16,205 | -2.4% |
| Equity | 10/15 | €36,737 | €55,414 | +€18,677 | +50.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,737 | €45,414 | +€18,677 | +69.9% |
| Amounts payable | 17/49 | €634,081 | €599,199 | -€34,882 | -5.5% |
| Amounts payable within one year | 42/48 | €634,081 | €599,199 | -€34,882 | -5.5% |
| Trade debts | 44 | €618,333 | €547,478 | -€70,856 | -11.5% |
| Suppliers | 440/4 | €618,333 | €547,478 | -€70,856 | -11.5% |
| Taxes, remuneration and social security | 45 | €15,747 | €51,721 | +€35,974 | +228.4% |
| Taxes | 450/3 | €15,747 | €51,721 | +€35,974 | +228.4% |
| Other operating charges | 640/8 | €415 | €393 | -€22 | -5.3% |
| Non-recurring operating charges | 66A | €8,614 | - | -€8,614 | |
| Gross operating margin | 9900 | €44,100 | €25,824 | -€18,276 | -41.4% |
| Operating profit (loss) | 9901 | €35,070 | €25,431 | -€9,639 | -27.5% |
| Financial income | 75/76B | €206 | €77 | -€129 | -62.5% |
| Recurring financial income | 75 | €206 | €77 | -€129 | -62.5% |
| Financial charges | 65/66B | €1,855 | €2,162 | +€307 | +16.6% |
| Recurring financial charges | 65 | €1,855 | €2,162 | +€307 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €33,421 | €23,346 | -€10,075 | -30.1% |
| Income taxes | 67/77 | €6,684 | €4,669 | -€2,015 | -30.1% |
| Profit (loss) for the period | 9904 | €26,737 | €18,677 | -€8,060 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,737 | €18,677 | -€8,060 | -30.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.