COATING CONCEPT: 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.
COATING CONCEPT
Largest movements
- Cash +€46,777
up €46,777 (+47.6%), from €98,333 to €145,111
mainly Net result for the year (+€35,112) and Depreciation (+€31,761)
- Tangible fixed assets -€26,788
down €26,788 (-30.4%), from €88,209 to €61,421
of which Furniture and vehicles: -€22,802
- Receivables within one year +€12,625
up €12,625 (+453%), from €2,786 to €15,410
of which Trade receivables: +€7,550
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Reserves +€35,112
up €35,112 (+21.0%), from €167,559 to €202,671
- Current portion of long-term debt -€8,020
down €8,020 (-83.2%), from €9,636 to €1,616
- Gross operating margin -€44,359
down €44,359 (-35.3%), from €125,604 to €81,245
- Taxes -€9,349
down €9,349 (-42.6%), from €21,970 to €12,621
- Depreciation +€1,286
up €1,286 (+4.2%), from €30,475 to €31,761
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 | €199,328 | €221,942 | +€22,614 | +11.3% |
| Fixed assets | 21/28 | €88,209 | €61,421 | -€26,788 | -30.4% |
| Tangible fixed assets | 22/27 | €88,209 | €61,421 | -€26,788 | -30.4% |
| Plant, machinery and equipment | 23 | €2,516 | €4,919 | +€2,403 | +95.5% |
| Furniture and vehicles | 24 | €69,154 | €46,352 | -€22,802 | -33.0% |
| Other tangible fixed assets | 26 | €16,539 | €10,150 | -€6,389 | -38.6% |
| Current assets | 29/58 | €111,119 | €160,521 | +€49,402 | +44.5% |
| Amounts receivable within one year | 40/41 | €2,786 | €15,410 | +€12,625 | +453% |
| Trade receivables | 40 | - | €7,550 | +€7,550 | |
| Other amounts receivable | 41 | €2,786 | €7,860 | +€5,074 | +182% |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €98,333 | €145,111 | +€46,777 | +47.6% |
| Total equity and liabilities | 10/49 | €199,328 | €221,942 | +€22,614 | +11.3% |
| Equity | 10/15 | €177,559 | €212,671 | +€35,112 | +19.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €167,559 | €202,671 | +€35,112 | +21.0% |
| Distributable reserves | 133 | €167,559 | €202,671 | +€35,112 | +21.0% |
| Amounts payable | 17/49 | €21,769 | €9,272 | -€12,498 | -57.4% |
| Amounts payable after more than one year | 17 | €1,616 | - | -€1,616 | |
| Financial debts | 170/4 | €1,616 | - | -€1,616 | |
| Amounts payable within one year | 42/48 | €20,153 | €9,272 | -€10,882 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €9,636 | €1,616 | -€8,020 | -83.2% |
| Trade debts | 44 | €1,878 | €1,160 | -€718 | -38.2% |
| Suppliers | 440/4 | €1,878 | €1,160 | -€718 | -38.2% |
| Taxes, remuneration and social security | 45 | €8,639 | €6,495 | -€2,144 | -24.8% |
| Taxes | 450/3 | €8,639 | €6,495 | -€2,144 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,475 | €31,761 | +€1,286 | +4.2% |
| Other operating charges | 640/8 | €1,920 | €1,846 | -€74 | -3.9% |
| Gross operating margin | 9900 | €125,604 | €81,245 | -€44,359 | -35.3% |
| Operating profit (loss) | 9901 | €93,209 | €47,638 | -€45,571 | -48.9% |
| Financial income | 75/76B | €642 | €332 | -€310 | -48.3% |
| Recurring financial income | 75 | €642 | €332 | -€310 | -48.3% |
| Financial charges | 65/66B | €292 | €237 | -€55 | -18.9% |
| Recurring financial charges | 65 | €292 | €237 | -€55 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €93,559 | €47,733 | -€45,826 | -49.0% |
| Income taxes | 67/77 | €21,970 | €12,621 | -€9,349 | -42.6% |
| Profit (loss) for the period | 9904 | €71,589 | €35,112 | -€36,477 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,589 | €35,112 | -€36,477 | -51.0% |
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 20 October 2026 via checked.be.