BF3 COURONNE: 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.
BF3 COURONNE
Largest movements
- Current investments +€7.5m
new in 2025: €7.5m
- Stocks and contracts +€7.1m
up €7.1m (+88.0%), from €8.1m to €15.2m
- Cash -€887,995
down €887,995 (-76.3%), from €1.2m to €275,920
mainly Current investments (-€7.5m) and Stocks and contracts (-€7.1m)
- Receivables within one year -€386,867
down €386,867 (-79.3%), from €487,786 to €100,919
of which Trade receivables: -€416,906
- Advances received +€19.3m
up €19.3m (+1229.1%), from €1.6m to €20.9m
- Debts after one year -€6.9m
down €6.9m (-96.6%), from €7.2m to €243,792
- Trade debts +€1.0m
up €1.0m (+268.8%), from €373,641 to €1.4m
- Financial income +€106,913
new in 2025: €106,913
- Other operating charges +€83,998
up €83,998 (+4718.1%), from €1,780 to €85,778
- Gross operating margin +€13,190
up €13,190 (+32.4%), from -€40,694 to -€27,504
- Financial charges -€1,139
down €1,139 (-66.3%), from €1,718 to €579
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 | €9,724,678 | €23,091,871 | +€13.4m | +137.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €9,724,678 | €23,091,871 | +€13.4m | +137.5% |
| Stocks and contracts in progress | 3 | €8,072,977 | €15,180,700 | +€7.1m | +88.0% |
| Stocks | 30/36 | €8,072,977 | €15,180,700 | +€7.1m | +88.0% |
| Amounts receivable within one year | 40/41 | €487,786 | €100,919 | -€386,867 | -79.3% |
| Trade receivables | 40 | €487,786 | €70,879 | -€416,906 | -85.5% |
| Other amounts receivable | 41 | €0 | €30,040 | +€30,040 | |
| Current investments | 50/53 | - | €7,500,000 | +€7.5m | |
| Cash at bank and in hand | 54/58 | €1,163,915 | €275,920 | -€887,995 | -76.3% |
| Deferred charges and accrued income | 490/1 | €0 | €34,332 | +€34,332 | |
| Total equity and liabilities | 10/49 | €9,724,678 | €23,091,871 | +€13.4m | +137.5% |
| Equity | 10/15 | -€121,211 | -€128,159 | -€6,948 | -5.7% |
| Contributions | 10/11 | €280,000 | €280,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€401,211 | -€408,159 | -€6,948 | -1.7% |
| Amounts payable | 17/49 | €9,845,889 | €23,220,031 | +€13.4m | +135.8% |
| Amounts payable after more than one year | 17 | €7,163,161 | €243,792 | -€6.9m | -96.6% |
| Financial debts | 170/4 | €7,163,161 | €243,792 | -€6.9m | -96.6% |
| Amounts payable within one year | 42/48 | €1,973,454 | €22,263,009 | +€20.3m | +1028.1% |
| Trade debts | 44 | €373,641 | €1,378,139 | +€1.0m | +268.8% |
| Suppliers | 440/4 | €373,641 | €1,378,139 | +€1.0m | +268.8% |
| Advances received on contracts in progress | 46 | €1,571,395 | €20,884,870 | +€19.3m | +1229.1% |
| Taxes, remuneration and social security | 45 | €28,418 | €0 | -€28,418 | -100.0% |
| Taxes | 450/3 | €28,418 | €0 | -€28,418 | -100.0% |
| Accrued charges and deferred income | 492/3 | €709,274 | €713,230 | +€3,955 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,780 | €85,778 | +€83,998 | +4718.1% |
| Gross operating margin | 9900 | -€40,694 | -€27,504 | +€13,190 | +32.4% |
| Operating profit (loss) | 9901 | -€42,474 | -€113,282 | -€70,808 | -166.7% |
| Financial income | 75/76B | - | €106,913 | +€106,913 | |
| Recurring financial income | 75 | - | €106,913 | +€106,913 | |
| Financial charges | 65/66B | €1,718 | €579 | -€1,139 | -66.3% |
| Recurring financial charges | 65 | €1,718 | €579 | -€1,139 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | -€44,193 | -€6,948 | +€37,244 | +84.3% |
| Profit (loss) for the period | 9904 | -€44,193 | -€6,948 | +€37,244 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,193 | -€6,948 | +€37,244 | +84.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.