A. Couck en Co.: what changed
What changed
A. Couck en Co.
NACE 46.442, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€9,150
2024 · -€161-€8,988
Equity
€286,293
2024 · €295,442-€9,150
Cash
€3,056
2024 · €3,630-€574
Balance sheet total
€333,615
2024 · €355,392-€21,776
Largest movements
Assets
- Receivables within one year -€18,072
down €18,072 (-10.5%), from €172,775 to €154,703
of which Other amounts receivable: -€37,706
Equity and liabilities
- Profit (loss) carried forward -€9,150
down €9,150 (-6.3%), from -€146,029 to -€155,179
- Short-term financial debts -€9,089
down €9,089 (-73.4%), from €12,380 to €3,291
Income statement
- Gross operating margin -€7,068
down €7,068 (-57.2%), from €12,365 to €5,297
- Financial charges +€1,059
up €1,059 (+70.5%), from €1,502 to €2,561
- Depreciation +€546
up €546 (+30.4%), from €1,798 to €2,344
- Other operating charges +€201
up €201 (+2.0%), from €10,238 to €10,439
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€161
Gross operating margin
-€7,068
Depreciation
-€546
Other operating charges
-€201
Financial income
-€114
Financial charges
-€1,059
Result 2025
-€9,150
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€9,740
Investment
-€1,225
Financing
-€9,089
Cash 2024
€3,630
From operations (derived)
+€9,740
Net result for the year
-€9,150
Depreciation
+€2,344
Stocks and contracts
+€2,620
Receivables within one year
+€18,072
Deferred charges and accrued income
-€608
Trade debts
-€1,967
Tax, wage and social debts
-€1,571
Investment (derived)
-€1,225
Investment in fixed assets (net)
-€1,225
Financing
-€9,089
Short-term financial debts
-€9,089
Cash 2025
€3,056
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,392 | €333,615 | -€21,776 | -6.1% |
| Fixed assets | 21/28 | €83,085 | €81,966 | -€1,119 | -1.3% |
| Tangible fixed assets | 22/27 | €83,085 | €81,966 | -€1,119 | -1.3% |
| Land and buildings | 22 | €83,085 | €81,032 | -€2,053 | -2.5% |
| Plant, machinery and equipment | 23 | - | €934 | +€934 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €272,307 | €251,649 | -€20,658 | -7.6% |
| Stocks and contracts in progress | 3 | €95,870 | €93,250 | -€2,620 | -2.7% |
| Stocks | 30/36 | €95,870 | €93,250 | -€2,620 | -2.7% |
| Amounts receivable within one year | 40/41 | €172,775 | €154,703 | -€18,072 | -10.5% |
| Trade receivables | 40 | €134,919 | €154,553 | +€19,634 | +14.6% |
| Other amounts receivable | 41 | €37,856 | €150 | -€37,706 | -99.6% |
| Cash at bank and in hand | 54/58 | €3,630 | €3,056 | -€574 | -15.8% |
| Deferred charges and accrued income | 490/1 | €32 | €640 | +€608 | +1,873% |
| Total equity and liabilities | 10/49 | €355,392 | €333,615 | -€21,776 | -6.1% |
| Equity | 10/15 | €295,442 | €286,293 | -€9,150 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €422,871 | €422,871 | = | 0.0% |
| Distributable reserves | 133 | €422,871 | €422,871 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,029 | -€155,179 | -€9,150 | -6.3% |
| Amounts payable | 17/49 | €59,949 | €47,323 | -€12,627 | -21.1% |
| Amounts payable within one year | 42/48 | €59,949 | €47,323 | -€12,627 | -21.1% |
| Financial debts | 43 | €12,380 | €3,291 | -€9,089 | -73.4% |
| Credit institutions | 430/8 | €12,380 | €3,291 | -€9,089 | -73.4% |
| Trade debts | 44 | €44,952 | €42,985 | -€1,967 | -4.4% |
| Suppliers | 440/4 | €44,952 | €42,985 | -€1,967 | -4.4% |
| Taxes, remuneration and social security | 45 | €2,595 | €1,024 | -€1,571 | -60.5% |
| Taxes | 450/3 | - | €1,024 | +€1,024 | |
| Remuneration and social security | 454/9 | €2,595 | - | -€2,595 | |
| Other amounts payable | 47/48 | €23 | €23 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,798 | €2,344 | +€546 | +30.4% |
| Other operating charges | 640/8 | €10,238 | €10,439 | +€201 | +2.0% |
| Gross operating margin | 9900 | €12,365 | €5,297 | -€7,068 | -57.2% |
| Operating profit (loss) | 9901 | €329 | -€7,486 | -€7,815 | |
| Financial income | 75/76B | €1,011 | €897 | -€114 | -11.3% |
| Recurring financial income | 75 | €1,011 | €897 | -€114 | -11.3% |
| Financial charges | 65/66B | €1,502 | €2,561 | +€1,059 | +70.5% |
| Recurring financial charges | 65 | €1,502 | €2,561 | +€1,059 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | -€161 | -€9,150 | -€8,988 | -5,568% |
| Profit (loss) for the period | 9904 | -€161 | -€9,150 | -€8,988 | -5,568% |
| Profit (loss) for the period to be appropriated | 9905 | -€161 | -€9,150 | -€8,988 | -5,568% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.