COAL Consultancy: 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.
COAL Consultancy
Largest movements
- Receivables within one year +€28,025
up €28,025 (+864%), from €3,245 to €31,269
of which Trade receivables: +€16,671
- Tangible fixed assets -€3,527
down €3,527 (-31.1%), from €11,329 to €7,802
of which Leasing and similar rights: -€2,671
- Cash -€1,210
down €1,210 (-24.6%), from €4,927 to €3,717
mainly Receivables within one year (-€28,025) and Deferred charges and accrued income (-€22)
- Profit (loss) carried forward +€11,024
up €11,024 (+151%), from €7,279 to €18,303
- Tax, wage and social debts +€8,031
up €8,031 (+278%), from €2,890 to €10,921
- Trade debts +€4,255
up €4,255 (+57.4%), from €7,418 to €11,673
- Gross operating margin +€10,028
up €10,028 (+67.7%), from €14,821 to €24,850
- Taxes +€2,450
up €2,450 (+124%), from €1,973 to €4,423
- Financial income +€293
up €293 (+153%), from €191 to €483
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 | €20,087 | €43,397 | +€23,310 | +116% |
| Fixed assets | 21/28 | €11,329 | €7,802 | -€3,527 | -31.1% |
| Tangible fixed assets | 22/27 | €11,329 | €7,802 | -€3,527 | -31.1% |
| Furniture and vehicles | 24 | €1,465 | €609 | -€856 | -58.4% |
| Leasing and similar rights | 25 | €9,864 | €7,193 | -€2,671 | -27.1% |
| Current assets | 29/58 | €8,758 | €35,595 | +€26,837 | +306% |
| Amounts receivable within one year | 40/41 | €3,245 | €31,269 | +€28,025 | +864% |
| Trade receivables | 40 | - | €16,671 | +€16,671 | |
| Other amounts receivable | 41 | €3,245 | €14,599 | +€11,354 | +350% |
| Cash at bank and in hand | 54/58 | €4,927 | €3,717 | -€1,210 | -24.6% |
| Deferred charges and accrued income | 490/1 | €586 | €608 | +€22 | +3.7% |
| Total equity and liabilities | 10/49 | €20,087 | €43,397 | +€23,310 | +116% |
| Equity | 10/15 | €9,779 | €20,803 | +€11,024 | +113% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,279 | €18,303 | +€11,024 | +151% |
| Amounts payable | 17/49 | €10,308 | €22,594 | +€12,286 | +119% |
| Amounts payable within one year | 42/48 | €10,308 | €22,594 | +€12,286 | +119% |
| Trade debts | 44 | €7,418 | €11,673 | +€4,255 | +57.4% |
| Suppliers | 440/4 | €7,418 | €11,673 | +€4,255 | +57.4% |
| Taxes, remuneration and social security | 45 | €2,890 | €10,921 | +€8,031 | +278% |
| Taxes | 450/3 | €2,890 | €10,921 | +€8,031 | +278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,527 | €3,527 | = | 0.0% |
| Other operating charges | 640/8 | €672 | €693 | +€21 | +3.1% |
| Non-recurring operating charges | 66A | €1,157 | €464 | -€693 | -59.9% |
| Gross operating margin | 9900 | €14,821 | €24,850 | +€10,028 | +67.7% |
| Operating profit (loss) | 9901 | €9,465 | €20,166 | +€10,701 | +113% |
| Financial income | 75/76B | €191 | €483 | +€293 | +153% |
| Recurring financial income | 75 | €191 | €483 | +€293 | +153% |
| Financial charges | 65/66B | €5,286 | €5,202 | -€84 | -1.6% |
| Recurring financial charges | 65 | €5,286 | €5,202 | -€84 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €4,370 | €15,447 | +€11,077 | +253% |
| Income taxes | 67/77 | €1,973 | €4,423 | +€2,450 | +124% |
| Profit (loss) for the period | 9904 | €2,397 | €11,024 | +€8,627 | +360% |
| Profit (loss) for the period to be appropriated | 9905 | €2,397 | €11,024 | +€8,627 | +360% |
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 14 October 2026 via checked.be.