A COACH: 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.
A COACH
Largest movements
- Cash -€25,160
down €25,160 (-69.0%), from €36,475 to €11,315
mainly Other debts (-€29,300) and Investment in fixed assets (net) (-€12,059)
- Tangible fixed assets +€3,323
up €3,323 (+4.2%), from €79,928 to €83,251
of which Furniture and vehicles: +€10,563
- Other debts -€29,300
down €29,300 (-36.0%), from €81,459 to €52,160
- Reserves +€9,840
up €9,840 (+30.6%), from €32,140 to €41,981
of which Distributable reserves: +€9,840
- Tax, wage and social debts -€1,719
down €1,719 (-100%), from €1,719 to €0
- Depreciation -€4,175
down €4,175 (-31.4%), from €13,279 to €9,103
- Taxes +€3,705
up €3,705 (+231%), from €1,606 to €5,311
- Gross operating margin -€2,996
down €2,996 (-10.6%), from €28,346 to €25,350
- Financial charges -€2,364
down €2,364 (-90.4%), from €2,615 to €252
- Other operating charges -€516
down €516 (-40.1%), from €1,287 to €771
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 | €122,382 | €100,340 | -€22,042 | -18.0% |
| Fixed assets | 21/28 | €80,663 | €83,618 | +€2,956 | +3.7% |
| Intangible fixed assets | 21 | €734 | €367 | -€367 | -50.0% |
| Tangible fixed assets | 22/27 | €79,928 | €83,251 | +€3,323 | +4.2% |
| Land and buildings | 22 | €64,564 | €57,324 | -€7,240 | -11.2% |
| Furniture and vehicles | 24 | €15,364 | €25,927 | +€10,563 | +68.8% |
| Current assets | 29/58 | €41,720 | €16,722 | -€24,998 | -59.9% |
| Amounts receivable within one year | 40/41 | €5,245 | €5,407 | +€162 | +3.1% |
| Trade receivables | 40 | €4,851 | €0 | -€4,851 | -100% |
| Other amounts receivable | 41 | €394 | €5,407 | +€5,013 | +1,273% |
| Cash at bank and in hand | 54/58 | €36,475 | €11,315 | -€25,160 | -69.0% |
| Total equity and liabilities | 10/49 | €122,382 | €100,340 | -€22,042 | -18.0% |
| Equity | 10/15 | €38,340 | €48,181 | +€9,840 | +25.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,140 | €41,981 | +€9,840 | +30.6% |
| Non-distributable reserves | 130/1 | €889 | €889 | = | 0.0% |
| Reserves not available under the articles | 1311 | €889 | €889 | = | 0.0% |
| Distributable reserves | 133 | €31,251 | €41,092 | +€9,840 | +31.5% |
| Amounts payable | 17/49 | €84,042 | €52,160 | -€31,882 | -37.9% |
| Amounts payable within one year | 42/48 | €84,042 | €52,160 | -€31,882 | -37.9% |
| Trade debts | 44 | €864 | €0 | -€864 | -100% |
| Suppliers | 440/4 | €864 | €0 | -€864 | -100% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,719 | €0 | -€1,719 | -100% |
| Taxes | 450/3 | €1,719 | €0 | -€1,719 | -100% |
| Other amounts payable | 47/48 | €81,459 | €52,160 | -€29,300 | -36.0% |
| Non-recurring operating income | 76A | - | €2,792 | +€2,792 | |
| Remuneration, social security and pensions | 62 | €480 | €402 | -€78 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,279 | €9,103 | -€4,175 | -31.4% |
| Other operating charges | 640/8 | €1,287 | €771 | -€516 | -40.1% |
| Gross operating margin | 9900 | €28,346 | €25,350 | -€2,996 | -10.6% |
| Operating profit (loss) | 9901 | €13,300 | €15,074 | +€1,774 | +13.3% |
| Financial income | 75/76B | €175 | €329 | +€153 | +87.4% |
| Recurring financial income | 75 | €175 | €329 | +€153 | +87.4% |
| Financial charges | 65/66B | €2,615 | €252 | -€2,364 | -90.4% |
| Recurring financial charges | 65 | €2,615 | €252 | -€2,364 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €10,860 | €15,151 | +€4,291 | +39.5% |
| Income taxes | 67/77 | €1,606 | €5,311 | +€3,705 | +231% |
| Profit (loss) for the period | 9904 | €9,254 | €9,840 | +€586 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,254 | €9,840 | +€586 | +6.3% |
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 15 October 2026 via checked.be.