COATINC NINOCOAT: what changed
What changed
COATINC NINOCOAT
NACE 25.510, Coating of metals
filed annual accounts (NBB)
Net result for the year
€128,513
2024 · €103,945+€24,567
Equity
€713,064
2024 · €584,552+€128,513
Cash
€65,964
2024 · €18,262+€47,703
Balance sheet total
€1.2m
2024 · €1.0m+€168,624
Largest movements
Assets
- Receivables within one year +€95,161
up €95,161 (+12.1%), from €786,418 to €881,579
of which Other amounts receivable: +€90,462
- Cash +€47,703
up €47,703 (+261%), from €18,262 to €65,964
mainly Net result for the year (+€128,513) and Trade debts (+€22,732)
- Stocks and contracts +€24,660
up €24,660 (+12.3%), from €200,261 to €224,921
Equity and liabilities
- Profit (loss) carried forward +€128,513
up €128,513 (+124%), from €103,945 to €232,458
- Trade debts +€22,732
up €22,732 (+48.1%), from €47,226 to €69,957
- Tax, wage and social debts +€16,575
up €16,575 (+19.5%), from €84,964 to €101,539
of which Remuneration and social security: +€20,305
Income statement
- Turnover +€141,210
up €141,210 (+9.1%), from €1.5m to €1.7m
- Goods and materials +€68,174
up €68,174 (+15.0%), from €455,907 to €524,081
of which Purchases: +€44,868
- Services and other goods +€60,387
up €60,387 (+10.8%), from €557,351 to €617,738
- Staff costs +€25,595
up €25,595 (+5.7%), from €452,352 to €477,948
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€103,945
Turnover
+€141,210
Other operating income
+€9,237
Goods and materials
-€68,174
Services and other goods
-€60,387
Staff costs
-€25,595
Write-downs
+€1,667
Other operating charges
-€56
Other operating items
+€42,434
Financial income
-€7,170
Financial charges
-€630
Taxes
-€7,967
Result 2025
€128,513
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€47,703
Investment
€0
Financing
€0
Cash 2024
€18,262
From operations (derived)
+€47,703
Net result for the year
+€128,513
Receivables after one year
-€1,100
Stocks and contracts
-€24,660
Receivables within one year
-€95,161
Trade debts
+€22,732
Tax, wage and social debts
+€16,575
Other debts
+€759
Accrued charges and deferred income
+€45
Cash 2025
€65,964
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,004,941 | €1,173,565 | +€168,624 | +16.8% |
| Current assets | 29/58 | €1,004,941 | €1,173,565 | +€168,624 | +16.8% |
| Amounts receivable after more than one year | 29 | - | €1,100 | +€1,100 | |
| Other amounts receivable | 291 | - | €1,100 | +€1,100 | |
| Stocks and contracts in progress | 3 | €200,261 | €224,921 | +€24,660 | +12.3% |
| Stocks | 30/36 | €200,261 | €224,921 | +€24,660 | +12.3% |
| Raw materials and consumables | 30/31 | €200,261 | €224,921 | +€24,660 | +12.3% |
| Amounts receivable within one year | 40/41 | €786,418 | €881,579 | +€95,161 | +12.1% |
| Trade receivables | 40 | €47,180 | €51,879 | +€4,699 | +10.0% |
| Other amounts receivable | 41 | €739,238 | €829,700 | +€90,462 | +12.2% |
| Cash at bank and in hand | 54/58 | €18,262 | €65,964 | +€47,703 | +261% |
| Total equity and liabilities | 10/49 | €1,004,941 | €1,173,565 | +€168,624 | +16.8% |
| Equity | 10/15 | €584,552 | €713,064 | +€128,513 | +22.0% |
| Contributions | 10/11 | €436,915 | €436,915 | = | 0.0% |
| Capital | 10 | €436,915 | €436,915 | = | 0.0% |
| Issued capital | 100 | €436,915 | €436,915 | = | 0.0% |
| Reserves | 13 | €43,692 | €43,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,692 | €43,692 | = | 0.0% |
| Legal reserve | 130 | €43,692 | €43,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,945 | €232,458 | +€128,513 | +124% |
| Provisions and deferred taxes | 16 | €284,674 | €284,674 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €284,674 | €284,674 | = | 0.0% |
| Environmental obligations | 163 | €284,674 | €284,674 | = | 0.0% |
| Amounts payable | 17/49 | €135,714 | €175,826 | +€40,111 | +29.6% |
| Amounts payable within one year | 42/48 | €132,190 | €172,256 | +€40,066 | +30.3% |
| Trade debts | 44 | €47,226 | €69,957 | +€22,732 | +48.1% |
| Suppliers | 440/4 | €47,226 | €69,957 | +€22,732 | +48.1% |
| Taxes, remuneration and social security | 45 | €84,964 | €101,539 | +€16,575 | +19.5% |
| Taxes | 450/3 | €23,867 | €20,137 | -€3,730 | -15.6% |
| Remuneration and social security | 454/9 | €61,097 | €81,402 | +€20,305 | +33.2% |
| Other amounts payable | 47/48 | - | €759 | +€759 | |
| Accrued charges and deferred income | 492/3 | €3,525 | €3,570 | +€45 | +1.3% |
| Operating income | 70/76A | €1,568,480 | €1,761,360 | +€192,880 | +12.3% |
| Turnover | 70 | €1,546,342 | €1,687,552 | +€141,210 | +9.1% |
| Other operating income | 74 | €22,138 | €31,375 | +€9,237 | +41.7% |
| Non-recurring operating income | 76A | - | €42,434 | +€42,434 | |
| Operating charges | 60/66A | €1,470,668 | €1,623,215 | +€152,546 | +10.4% |
| Goods for resale, raw materials and consumables | 60 | €455,907 | €524,081 | +€68,174 | +15.0% |
| Purchases | 600/8 | €505,202 | €550,071 | +€44,868 | +8.9% |
| Change in stocks: decrease (increase) | 609 | -€49,296 | -€25,990 | +€23,306 | +47.3% |
| Services and other goods | 61 | €557,351 | €617,738 | +€60,387 | +10.8% |
| Remuneration, social security and pensions | 62 | €452,352 | €477,948 | +€25,595 | +5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,996 | €1,330 | -€1,667 | -55.6% |
| Other operating charges | 640/8 | €2,062 | €2,118 | +€56 | +2.7% |
| Operating profit (loss) | 9901 | €97,812 | €138,146 | +€40,334 | +41.2% |
| Financial income | 75/76B | €43,562 | €36,392 | -€7,170 | -16.5% |
| Recurring financial income | 75 | €43,562 | €36,392 | -€7,170 | -16.5% |
| Income from current assets | 751 | €40,794 | €36,392 | -€4,402 | -10.8% |
| Other financial income | 752/9 | €2,768 | €0 | -€2,768 | -100.0% |
| Financial charges | 65/66B | €329 | €959 | +€630 | +191% |
| Recurring financial charges | 65 | €329 | €959 | +€630 | +191% |
| Other financial charges | 652/9 | €329 | €959 | +€630 | +191% |
| Profit (loss) for the period before taxes | 9903 | €141,044 | €173,579 | +€32,534 | +23.1% |
| Income taxes | 67/77 | €37,099 | €45,066 | +€7,967 | +21.5% |
| Taxes | 670/3 | €37,099 | €45,066 | +€7,967 | +21.5% |
| Profit (loss) for the period | 9904 | €103,945 | €128,513 | +€24,567 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €103,945 | €128,513 | +€24,567 | +23.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.