coaQing: 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.
coaQing
Largest movements
- Receivables within one year -€23,770
down €23,770 (-60.4%), from €39,341 to €15,571
of which Other amounts receivable: -€21,721
- Tangible fixed assets -€968
down €968 (-81.8%), from €1,183 to €215
- Profit (loss) carried forward -€16,555
new in 2025: -€16,555
- Short-term financial debts -€4,017
down €4,017 (-27.4%), from €14,655 to €10,637
- Tax, wage and social debts -€3,535
down €3,535 (-33.0%), from €10,707 to €7,172
of which Taxes: -€4,835
- Trade debts -€554
down €554 (-51.6%), from €1,075 to €520
- Gross operating margin -€15,552
down €15,552, from €3,460 to -€12,091
- Financial income -€590
down €590 (-34.4%), from €1,715 to €1,125
- Taxes -€456
down €456 (-48.8%), from €936 to €480
- Other operating charges -€213
down €213 (-11.3%), from €1,882 to €1,669
- Financial charges -€178
down €178 (-6.0%), from €2,948 to €2,769
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,786 | €29,826 | -€24,959 | -45.6% |
| Fixed assets | 21/28 | €14,683 | €13,715 | -€968 | -6.6% |
| Tangible fixed assets | 22/27 | €1,183 | €215 | -€968 | -81.8% |
| Furniture and vehicles | 24 | €1,183 | €215 | -€968 | -81.8% |
| Financial fixed assets | 28 | €13,500 | €13,500 | = | 0.0% |
| Current assets | 29/58 | €40,103 | €16,111 | -€23,991 | -59.8% |
| Amounts receivable within one year | 40/41 | €39,341 | €15,571 | -€23,770 | -60.4% |
| Trade receivables | 40 | €7,594 | €5,545 | -€2,049 | -27.0% |
| Other amounts receivable | 41 | €31,747 | €10,026 | -€21,721 | -68.4% |
| Deferred charges and accrued income | 490/1 | €762 | €541 | -€222 | -29.1% |
| Total equity and liabilities | 10/49 | €54,786 | €29,826 | -€24,959 | -45.6% |
| Equity | 10/15 | €28,349 | €11,497 | -€16,853 | -59.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,749 | €9,451 | -€298 | -3.1% |
| Distributable reserves | 133 | €9,749 | €9,451 | -€298 | -3.1% |
| Profit (loss) carried forward | 14 | - | -€16,555 | -€16,555 | |
| Amounts payable | 17/49 | €26,436 | €18,330 | -€8,106 | -30.7% |
| Amounts payable within one year | 42/48 | €26,436 | €18,330 | -€8,106 | -30.7% |
| Financial debts | 43 | €14,655 | €10,637 | -€4,017 | -27.4% |
| Credit institutions | 430/8 | €14,655 | €10,637 | -€4,017 | -27.4% |
| Trade debts | 44 | €1,075 | €520 | -€554 | -51.6% |
| Suppliers | 440/4 | €1,075 | €520 | -€554 | -51.6% |
| Taxes, remuneration and social security | 45 | €10,707 | €7,172 | -€3,535 | -33.0% |
| Taxes | 450/3 | €10,707 | €5,872 | -€4,835 | -45.2% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €968 | -€3 | -0.3% |
| Other operating charges | 640/8 | €1,882 | €1,669 | -€213 | -11.3% |
| Gross operating margin | 9900 | €3,460 | -€12,091 | -€15,552 | |
| Operating profit (loss) | 9901 | €607 | -€14,728 | -€15,335 | |
| Financial income | 75/76B | €1,715 | €1,125 | -€590 | -34.4% |
| Recurring financial income | 75 | €1,715 | €1,125 | -€590 | -34.4% |
| Financial charges | 65/66B | €2,948 | €2,769 | -€178 | -6.0% |
| Recurring financial charges | 65 | €2,948 | €2,769 | -€178 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€626 | -€16,373 | -€15,747 | -2,516% |
| Income taxes | 67/77 | €936 | €480 | -€456 | -48.8% |
| Profit (loss) for the period | 9904 | -€1,562 | -€16,853 | -€15,291 | -979% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,562 | -€16,853 | -€15,291 | -979% |
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 25 October 2026 via checked.be.