coach1max: 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.
coach1max
Largest movements
- Cash +€19,813
up €19,813 (+154.3%), from €12,840 to €32,653
mainly Tax, wage and social debts (+€8,885) and Depreciation (+€7,199)
- Tangible fixed assets -€7,199
down €7,199 (-37.0%), from €19,477 to €12,278
of which Plant, machinery and equipment: -€3,659
- Receivables within one year -€1,315
down €1,315 (-26.1%), from €5,032 to €3,717
of which Other amounts receivable: -€2,422
- Tax, wage and social debts +€8,885
up €8,885 (+490.6%), from €1,811 to €10,696
of which Remuneration and social security: +€4,700
- Reserves +€6,300
up €6,300 (+37.5%), from €16,820 to €23,120
- Current portion of long-term debt -€2,934
down €2,934 (-47.8%), from €6,141 to €3,207
- Trade debts -€1,274
down €1,274 (-15.8%), from €8,069 to €6,795
- Gross operating margin +€5,679
up €5,679 (+45.5%), from €12,477 to €18,156
- Taxes +€1,457
up €1,457 (+85.6%), from €1,702 to €3,159
- Financial charges +€624
up €624 (+699.3%), from €89 to €714
- Depreciation +€227
up €227 (+3.2%), from €6,973 to €7,199
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 | €37,880 | €49,258 | +€11,378 | +30.0% |
| Fixed assets | 21/28 | €19,477 | €12,278 | -€7,199 | -37.0% |
| Tangible fixed assets | 22/27 | €19,477 | €12,278 | -€7,199 | -37.0% |
| Land and buildings | 22 | €2,942 | €2,706 | -€236 | -8.0% |
| Plant, machinery and equipment | 23 | €7,778 | €4,119 | -€3,659 | -47.0% |
| Furniture and vehicles | 24 | €6,123 | €3,024 | -€3,100 | -50.6% |
| Other tangible fixed assets | 26 | €2,634 | €2,429 | -€205 | -7.8% |
| Current assets | 29/58 | €18,403 | €36,980 | +€18,577 | +100.9% |
| Amounts receivable within one year | 40/41 | €5,032 | €3,717 | -€1,315 | -26.1% |
| Trade receivables | 40 | €386 | €1,493 | +€1,107 | +287.1% |
| Other amounts receivable | 41 | €4,646 | €2,224 | -€2,422 | -52.1% |
| Cash at bank and in hand | 54/58 | €12,840 | €32,653 | +€19,813 | +154.3% |
| Deferred charges and accrued income | 490/1 | €532 | €611 | +€79 | +14.9% |
| Total equity and liabilities | 10/49 | €37,880 | €49,258 | +€11,378 | +30.0% |
| Equity | 10/15 | €21,859 | €28,227 | +€6,368 | +29.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,820 | €23,120 | +€6,300 | +37.5% |
| Distributable reserves | 133 | €16,820 | €23,120 | +€6,300 | +37.5% |
| Profit (loss) carried forward | 14 | €39 | €107 | +€68 | +177.0% |
| Amounts payable | 17/49 | €16,021 | €21,031 | +€5,010 | +31.3% |
| Amounts payable after more than one year | 17 | - | €274 | +€274 | |
| Financial debts | 170/4 | - | €274 | +€274 | |
| Amounts payable within one year | 42/48 | €16,021 | €20,698 | +€4,677 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €6,141 | €3,207 | -€2,934 | -47.8% |
| Trade debts | 44 | €8,069 | €6,795 | -€1,274 | -15.8% |
| Suppliers | 440/4 | €8,069 | €6,795 | -€1,274 | -15.8% |
| Taxes, remuneration and social security | 45 | €1,811 | €10,696 | +€8,885 | +490.6% |
| Taxes | 450/3 | €1,011 | €5,196 | +€4,185 | +413.9% |
| Remuneration and social security | 454/9 | €800 | €5,500 | +€4,700 | +587.5% |
| Accrued charges and deferred income | 492/3 | - | €59 | +€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,973 | €7,199 | +€227 | +3.2% |
| Other operating charges | 640/8 | €789 | €853 | +€64 | +8.1% |
| Gross operating margin | 9900 | €12,477 | €18,156 | +€5,679 | +45.5% |
| Operating profit (loss) | 9901 | €4,715 | €10,103 | +€5,389 | +114.3% |
| Financial income | 75/76B | €150 | €137 | -€13 | -8.3% |
| Recurring financial income | 75 | €150 | €137 | -€13 | -8.3% |
| Financial charges | 65/66B | €89 | €714 | +€624 | +699.3% |
| Recurring financial charges | 65 | €89 | €714 | +€624 | +699.3% |
| Profit (loss) for the period before taxes | 9903 | €4,775 | €9,527 | +€4,752 | +99.5% |
| Income taxes | 67/77 | €1,702 | €3,159 | +€1,457 | +85.6% |
| Profit (loss) for the period | 9904 | €3,073 | €6,368 | +€3,295 | +107.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,073 | €6,368 | +€3,295 | +107.2% |
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 10 October 2026 via checked.be.