Coachman: 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.
Coachman
Largest movements
- Cash -€3,713
down €3,713 (-71.1%), from €5,223 to €1,509
mainly Other debts (-€4,381) and Tax, wage and social debts (-€75)
- Receivables within one year -€650
down €650 (-68.4%), from €950 to €300
- Other debts -€4,381
no longer reported in 2025 (was €4,381)
- Reserves +€92
up €92 (+5.5%), from €1,670 to €1,763
- Tax, wage and social debts -€75
down €75 (-61.9%), from €121 to €46
- Gross operating margin -€573
down €573 (-42.3%), from €1,355 to €782
- Depreciation -€495
no longer reported in 2025 (was €495)
- Other operating charges +€138
up €138 (+30.7%), from €451 to €589
- Taxes -€75
down €75 (-61.9%), from €121 to €46
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 | €6,173 | €1,809 | -€4,363 | -70.7% |
| Current assets | 29/58 | €6,173 | €1,809 | -€4,363 | -70.7% |
| Amounts receivable within one year | 40/41 | €950 | €300 | -€650 | -68.4% |
| Trade receivables | 40 | €950 | €300 | -€650 | -68.4% |
| Cash at bank and in hand | 54/58 | €5,223 | €1,509 | -€3,713 | -71.1% |
| Total equity and liabilities | 10/49 | €6,173 | €1,809 | -€4,363 | -70.7% |
| Equity | 10/15 | €1,670 | €1,763 | +€92 | +5.5% |
| Reserves | 13 | €1,670 | €1,763 | +€92 | +5.5% |
| Distributable reserves | 133 | €1,670 | €1,763 | +€92 | +5.5% |
| Amounts payable | 17/49 | €4,502 | €46 | -€4,456 | -99.0% |
| Amounts payable within one year | 42/48 | €4,502 | €46 | -€4,456 | -99.0% |
| Taxes, remuneration and social security | 45 | €121 | €46 | -€75 | -61.9% |
| Taxes | 450/3 | €121 | €46 | -€75 | -61.9% |
| Other amounts payable | 47/48 | €4,381 | - | -€4,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €495 | - | -€495 | |
| Other operating charges | 640/8 | €451 | €589 | +€138 | +30.7% |
| Gross operating margin | 9900 | €1,355 | €782 | -€573 | -42.3% |
| Operating profit (loss) | 9901 | €410 | €193 | -€217 | -52.9% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €359 | €139 | -€220 | -61.3% |
| Income taxes | 67/77 | €121 | €46 | -€75 | -61.9% |
| Profit (loss) for the period | 9904 | €237 | €92 | -€145 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €237 | €92 | -€145 | -61.0% |
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 29 October 2026 via checked.be.