Clever Coyote: 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.
Clever Coyote
Largest movements
- Cash -€38,625
down €38,625 (-55.2%), from €69,912 to €31,288
mainly Contributions, distributions and other (-€66,820) and Deferred charges and accrued income (-€8,142)
- Deferred charges and accrued income +€8,142
up €8,142 (+1257.9%), from €647 to €8,789
- Receivables within one year +€6,396
up €6,396 (+31.0%), from €20,634 to €27,031
- Tangible fixed assets +€986
up €986 (+47.1%), from €2,094 to €3,080
of which Plant, machinery and equipment: +€1,446
- Reserves -€22,752
down €22,752 (-34.1%), from €66,820 to €44,068
- Gross operating margin -€27,601
down €27,601 (-32.6%), from €84,639 to €57,037
- Taxes -€7,044
down €7,044 (-38.0%), from €18,546 to €11,502
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 | €93,288 | €70,188 | -€23,101 | -24.8% |
| Fixed assets | 21/28 | €2,094 | €3,080 | +€986 | +47.1% |
| Tangible fixed assets | 22/27 | €2,094 | €3,080 | +€986 | +47.1% |
| Land and buildings | 22 | €2,094 | €1,634 | -€460 | -22.0% |
| Plant, machinery and equipment | 23 | €0 | €1,446 | +€1,446 | |
| Current assets | 29/58 | €91,194 | €67,108 | -€24,086 | -26.4% |
| Amounts receivable within one year | 40/41 | €20,634 | €27,031 | +€6,396 | +31.0% |
| Trade receivables | 40 | €20,634 | €27,031 | +€6,396 | +31.0% |
| Cash at bank and in hand | 54/58 | €69,912 | €31,288 | -€38,625 | -55.2% |
| Deferred charges and accrued income | 490/1 | €647 | €8,789 | +€8,142 | +1257.9% |
| Total equity and liabilities | 10/49 | €93,288 | €70,188 | -€23,101 | -24.8% |
| Equity | 10/15 | €74,320 | €51,568 | -€22,752 | -30.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €66,820 | €44,068 | -€22,752 | -34.1% |
| Distributable reserves | 133 | €66,820 | €44,068 | -€22,752 | -34.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,968 | €18,620 | -€348 | -1.8% |
| Amounts payable within one year | 42/48 | €18,968 | €18,620 | -€348 | -1.8% |
| Trade debts | 44 | €5,869 | €5,372 | -€497 | -8.5% |
| Suppliers | 440/4 | €5,869 | €5,372 | -€497 | -8.5% |
| Taxes, remuneration and social security | 45 | €12,644 | €12,816 | +€172 | +1.4% |
| Taxes | 450/3 | €9,179 | €12,816 | +€3,637 | +39.6% |
| Remuneration and social security | 454/9 | €3,465 | €0 | -€3,465 | -100.0% |
| Other amounts payable | 47/48 | €455 | €432 | -€24 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €526 | +€318 | +152.8% |
| Other operating charges | 640/8 | €592 | €760 | +€168 | +28.4% |
| Gross operating margin | 9900 | €84,639 | €57,037 | -€27,601 | -32.6% |
| Operating profit (loss) | 9901 | €83,839 | €55,752 | -€28,087 | -33.5% |
| Financial charges | 65/66B | €69 | €183 | +€114 | +165.9% |
| Recurring financial charges | 65 | €69 | €183 | +€114 | +165.9% |
| Profit (loss) for the period before taxes | 9903 | €83,771 | €55,569 | -€28,201 | -33.7% |
| Income taxes | 67/77 | €18,546 | €11,502 | -€7,044 | -38.0% |
| Profit (loss) for the period | 9904 | €65,225 | €44,068 | -€21,157 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,225 | €44,068 | -€21,157 | -32.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.