COALITION: 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.
COALITION
Largest movements
- Current investments +€85,241
up €85,241 (+4.5%), from €1.9m to €2.0m
- Cash -€45,212
down €45,212 (-20.8%), from €217,377 to €172,166
mainly Contributions, distributions and other (-€215,381) and Current investments (-€85,241)
- Receivables within one year -€37,837
down €37,837 (-19.0%), from €198,741 to €160,904
- Reserves +€30,485
up €30,485 (+1.4%), from €2.1m to €2.2m
of which Distributable reserves: +€30,485
- Tax, wage and social debts -€26,208
down €26,208 (-41.9%), from €62,495 to €36,287
of which Taxes: -€21,383
- Gross operating margin -€240,314
down €240,314 (-44.2%), from €543,412 to €303,097
- Taxes -€79,264
down €79,264 (-41.4%), from €191,679 to €112,415
- Financial charges +€23,380
up €23,380 (+83.4%), from -€28,038 to -€4,658
- Financial income +€21,247
up €21,247 (+59.4%), from €35,779 to €57,025
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 | €2,331,365 | €2,331,259 | -€106 | 0.0% |
| Fixed assets | 21/28 | €4,844 | €2,601 | -€2,243 | -46.3% |
| Tangible fixed assets | 22/27 | €4,844 | €2,601 | -€2,243 | -46.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,844 | €2,601 | -€2,243 | -46.3% |
| Current assets | 29/58 | €2,326,521 | €2,328,658 | +€2,137 | +0.1% |
| Amounts receivable within one year | 40/41 | €198,741 | €160,904 | -€37,837 | -19.0% |
| Other amounts receivable | 41 | €198,741 | €160,904 | -€37,837 | -19.0% |
| Current investments | 50/53 | €1,907,384 | €1,992,625 | +€85,241 | +4.5% |
| Cash at bank and in hand | 54/58 | €217,377 | €172,166 | -€45,212 | -20.8% |
| Deferred charges and accrued income | 490/1 | €3,019 | €2,963 | -€56 | -1.9% |
| Total equity and liabilities | 10/49 | €2,331,365 | €2,331,259 | -€106 | 0.0% |
| Equity | 10/15 | €2,174,748 | €2,205,233 | +€30,485 | +1.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,144,748 | €2,175,233 | +€30,485 | +1.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €2,144,748 | €2,175,233 | +€30,485 | +1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €156,617 | €126,026 | -€30,591 | -19.5% |
| Amounts payable after more than one year | 17 | €29,630 | €22,008 | -€7,622 | -25.7% |
| Financial debts | 170/4 | €29,630 | €22,008 | -€7,622 | -25.7% |
| Amounts payable within one year | 42/48 | €126,987 | €103,761 | -€23,226 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €7,547 | €7,622 | +€75 | +1.0% |
| Financial debts | 43 | €45,675 | €45,518 | -€158 | -0.3% |
| Credit institutions | 430/8 | €45,675 | €45,518 | -€158 | -0.3% |
| Trade debts | 44 | €2,731 | €5,079 | +€2,348 | +86.0% |
| Suppliers | 440/4 | €2,731 | €5,079 | +€2,348 | +86.0% |
| Taxes, remuneration and social security | 45 | €62,495 | €36,287 | -€26,208 | -41.9% |
| Taxes | 450/3 | €57,670 | €36,287 | -€21,383 | -37.1% |
| Remuneration and social security | 454/9 | €4,825 | €0 | -€4,825 | -100.0% |
| Other amounts payable | 47/48 | €8,539 | €9,256 | +€717 | +8.4% |
| Accrued charges and deferred income | 492/3 | €0 | €256 | +€256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,213 | €1,427 | -€786 | -35.5% |
| Other operating charges | 640/8 | €3,758 | €4,257 | +€499 | +13.3% |
| Non-recurring operating charges | 66A | €1,403 | €816 | -€587 | -41.8% |
| Gross operating margin | 9900 | €543,412 | €303,097 | -€240,314 | -44.2% |
| Operating profit (loss) | 9901 | €536,038 | €296,598 | -€239,440 | -44.7% |
| Financial income | 75/76B | €35,779 | €57,025 | +€21,247 | +59.4% |
| Recurring financial income | 75 | €35,779 | €57,025 | +€21,247 | +59.4% |
| Financial charges | 65/66B | -€28,038 | -€4,658 | +€23,380 | +83.4% |
| Recurring financial charges | 65 | -€28,038 | -€4,658 | +€23,380 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | €599,855 | €358,281 | -€241,574 | -40.3% |
| Income taxes | 67/77 | €191,679 | €112,415 | -€79,264 | -41.4% |
| Profit (loss) for the period | 9904 | €408,176 | €245,866 | -€162,310 | -39.8% |
| Transfer from tax-exempt reserves | 789 | €89,000 | €0 | -€89,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €497,176 | €245,866 | -€251,310 | -50.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.