COALITION: 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.
COALITION
Largest movements
- Current assets +€58,070
up €58,070 (+252.9%), from €22,957 to €81,027
of which Receivables after one year: +€61,995
- Tangible fixed assets -€10,448
down €10,448 (-52.0%), from €20,076 to €9,628
- Equity +€39,869
up €39,869 (+198.9%), from €20,040 to €59,909
of which Reserves: +€39,869
- Debts within one year +€11,163
up €11,163 (+185.5%), from €6,019 to €17,182
of which Tax, wage and social debts: +€8,115
- Debts after one year -€3,410
down €3,410 (-20.1%), from €16,975 to €13,564
- Gross operating margin -€10,728
down €10,728 (-48.8%), from €22,005 to €11,277
- Financial charges +€6,121
new in 2023: €6,121
of which Non-recurring financial charges: +€5,103
- Taxes -€2,959
down €2,959 (-70.1%), from €4,218 to €1,260
- Financial income +€1,246
new in 2023: €1,246
From the 2020 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,033 | €90,655 | +€47,622 | +110.7% |
| Fixed assets | 21/28 | €20,076 | €9,628 | -€10,448 | -52.0% |
| Tangible fixed assets | 22/27 | €20,076 | €9,628 | -€10,448 | -52.0% |
| Furniture and vehicles | 24 | - | €708 | +€708 | |
| Other tangible fixed assets | 26 | - | €8,920 | +€8,920 | |
| Current assets | 29/58 | €22,957 | €81,027 | +€58,070 | +252.9% |
| Amounts receivable after more than one year | 29 | - | €61,995 | +€61,995 | |
| Other amounts receivable | 291 | - | €61,995 | +€61,995 | |
| Amounts receivable within one year | 40/41 | €11,459 | €10,688 | -€771 | -6.7% |
| Trade receivables | 40 | - | €9,948 | +€9,948 | |
| Other amounts receivable | 41 | - | €740 | +€740 | |
| Cash at bank and in hand | 54/58 | €5,383 | €7,435 | +€2,052 | +38.1% |
| Deferred charges and accrued income | 490/1 | - | €909 | +€909 | |
| Total equity and liabilities | 10/49 | €43,033 | €90,655 | +€47,622 | +110.7% |
| Equity | 10/15 | €20,040 | €59,909 | +€39,869 | +198.9% |
| Contributions | 10/11 | - | €100 | +€100 | |
| Reserves | 13 | €19,940 | €59,809 | +€39,869 | +199.9% |
| Distributable reserves | 133 | - | €59,809 | +€59,809 | |
| Amounts payable | 17/49 | €22,993 | €30,746 | +€7,753 | +33.7% |
| Amounts payable after more than one year | 17 | €16,975 | €13,564 | -€3,410 | -20.1% |
| Financial debts | 170/4 | - | €13,564 | +€13,564 | |
| Amounts payable within one year | 42/48 | €6,019 | €17,182 | +€11,163 | +185.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,979 | +€3,979 | |
| Trade debts | 44 | €634 | €3,606 | +€2,972 | +469.1% |
| Suppliers | 440/4 | - | €3,606 | +€3,606 | |
| Taxes, remuneration and social security | 45 | - | €8,115 | +€8,115 | |
| Taxes | 450/3 | - | €5,650 | +€5,650 | |
| Remuneration and social security | 454/9 | - | €2,465 | +€2,465 | |
| Other amounts payable | 47/48 | - | €1,482 | +€1,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,124 | €4,108 | -€16 | -0.4% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €22,005 | €11,277 | -€10,728 | -48.8% |
| Operating profit (loss) | 9901 | €16,478 | €7,069 | -€9,409 | -57.1% |
| Financial income | 75/76B | - | €1,246 | +€1,246 | |
| Recurring financial income | 75 | €51 | €1,246 | +€1,195 | +2327.4% |
| Financial charges | 65/66B | - | €6,121 | +€6,121 | |
| Recurring financial charges | 65 | €777 | €1,019 | +€242 | +31.1% |
| Non-recurring financial charges | 66B | - | €5,103 | +€5,103 | |
| Profit (loss) for the period before taxes | 9903 | €15,753 | €2,194 | -€13,559 | -86.1% |
| Income taxes | 67/77 | €4,218 | €1,260 | -€2,959 | -70.1% |
| Profit (loss) for the period | 9904 | €11,534 | €934 | -€10,600 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,534 | €934 | -€10,600 | -91.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.