BRUSSELS COACHING: 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.
BRUSSELS COACHING
Largest movements
- Cash +€22,282
up €22,282 (+27.9%), from €79,788 to €102,070
mainly Other debts (+€100,000) and Net result for the year (+€42,744)
- Receivables within one year +€18,048
up €18,048 (+62.4%), from €28,941 to €46,990
of which Trade receivables: +€13,096
- Tangible fixed assets -€2,271
down €2,271 (-28.2%), from €8,058 to €5,787
of which Furniture and vehicles: -€1,201
- Other debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€57,256
down €57,256 (-70.6%), from €81,098 to €23,843
- Tax, wage and social debts -€4,302
down €4,302 (-31.6%), from €13,611 to €9,310
- Gross operating margin -€16,101
down €16,101 (-20.4%), from €78,821 to €62,720
- Taxes -€3,420
down €3,420 (-20.8%), from €16,467 to €13,047
- Other operating charges +€2,070
up €2,070 (+169%), from €1,224 to €3,295
- Financial charges +€1,300
up €1,300 (+452%), from €288 to €1,588
- Depreciation +€1,114
up €1,114 (+96.2%), from €1,157 to €2,271
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 | €116,788 | €154,847 | +€38,059 | +32.6% |
| Fixed assets | 21/28 | €8,058 | €5,787 | -€2,271 | -28.2% |
| Tangible fixed assets | 22/27 | €8,058 | €5,787 | -€2,271 | -28.2% |
| Plant, machinery and equipment | 23 | €2,687 | €1,617 | -€1,070 | -39.8% |
| Furniture and vehicles | 24 | €5,371 | €4,170 | -€1,201 | -22.4% |
| Current assets | 29/58 | €108,729 | €149,060 | +€40,331 | +37.1% |
| Amounts receivable within one year | 40/41 | €28,941 | €46,990 | +€18,048 | +62.4% |
| Trade receivables | 40 | €28,408 | €41,504 | +€13,096 | +46.1% |
| Other amounts receivable | 41 | €533 | €5,486 | +€4,953 | +929% |
| Cash at bank and in hand | 54/58 | €79,788 | €102,070 | +€22,282 | +27.9% |
| Total equity and liabilities | 10/49 | €116,788 | €154,847 | +€38,059 | +32.6% |
| Equity | 10/15 | €101,558 | €44,303 | -€57,256 | -56.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,098 | €23,843 | -€57,256 | -70.6% |
| Amounts payable | 17/49 | €15,229 | €110,544 | +€95,315 | +626% |
| Amounts payable within one year | 42/48 | €15,229 | €110,544 | +€95,315 | +626% |
| Current portion of amounts payable after more than one year | 42 | €600 | €848 | +€248 | +41.4% |
| Trade debts | 44 | €1,018 | €387 | -€631 | -62.0% |
| Suppliers | 440/4 | €1,018 | €387 | -€631 | -62.0% |
| Taxes, remuneration and social security | 45 | €13,611 | €9,310 | -€4,302 | -31.6% |
| Taxes | 450/3 | €13,611 | €9,310 | -€4,302 | -31.6% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,157 | €2,271 | +€1,114 | +96.2% |
| Other operating charges | 640/8 | €1,224 | €3,295 | +€2,070 | +169% |
| Gross operating margin | 9900 | €78,821 | €62,720 | -€16,101 | -20.4% |
| Operating profit (loss) | 9901 | €76,440 | €57,154 | -€19,285 | -25.2% |
| Financial income | 75/76B | €84 | €225 | +€141 | +169% |
| Recurring financial income | 75 | €84 | €225 | +€141 | +169% |
| Financial charges | 65/66B | €288 | €1,588 | +€1,300 | +452% |
| Recurring financial charges | 65 | €288 | €1,588 | +€1,300 | +452% |
| Profit (loss) for the period before taxes | 9903 | €76,236 | €55,791 | -€20,444 | -26.8% |
| Income taxes | 67/77 | €16,467 | €13,047 | -€3,420 | -20.8% |
| Profit (loss) for the period | 9904 | €59,769 | €42,744 | -€17,024 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,769 | €42,744 | -€17,024 | -28.5% |
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 20 October 2026 via checked.be.