COECK CENTRALE VERWARMING: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
COECK CENTRALE VERWARMING
Largest movements
- Cash +€49,823
up €49,823 (+60.3%), from €82,610 to €132,432
mainly Other debts (+€76,890) and Accrued charges and deferred income (+€45,000)
- Tangible fixed assets -€16,411
down €16,411 (-36.0%), from €45,596 to €29,186
of which Furniture and vehicles: -€15,505
- Deferred charges and accrued income +€2,500
new in 2025: €2,500
- Profit (loss) carried forward -€83,400
down €83,400 (-86.1%), from €96,885 to €13,486
- Other debts +€76,890
up €76,890 (+1,171%), from €6,565 to €83,455
- Accrued charges and deferred income +€45,000
new in 2025: €45,000
- Debts after one year -€6,759
down €6,759 (-51.6%), from €13,111 to €6,351
- Trade debts +€1,864
up €1,864 (+30.8%), from €6,046 to €7,910
- Gross operating margin -€8,131
down €8,131 (-18.6%), from €43,701 to €35,569
- Taxes -€1,713
down €1,713 (-27.9%), from €6,141 to €4,428
- Depreciation +€520
up €520 (+3.1%), from €16,592 to €17,112
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,114 | €171,587 | +€34,473 | +25.1% |
| Fixed assets | 21/28 | €45,596 | €29,186 | -€16,411 | -36.0% |
| Tangible fixed assets | 22/27 | €45,596 | €29,186 | -€16,411 | -36.0% |
| Plant, machinery and equipment | 23 | €2,780 | €2,421 | -€360 | -12.9% |
| Furniture and vehicles | 24 | €37,592 | €22,087 | -€15,505 | -41.2% |
| Other tangible fixed assets | 26 | €5,224 | €4,678 | -€546 | -10.5% |
| Current assets | 29/58 | €91,517 | €142,402 | +€50,884 | +55.6% |
| Amounts receivable within one year | 40/41 | €8,907 | €7,469 | -€1,438 | -16.1% |
| Trade receivables | 40 | €5,665 | €5,537 | -€128 | -2.3% |
| Other amounts receivable | 41 | €3,242 | €1,932 | -€1,310 | -40.4% |
| Cash at bank and in hand | 54/58 | €82,610 | €132,432 | +€49,823 | +60.3% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €137,114 | €171,587 | +€34,473 | +25.1% |
| Equity | 10/15 | €102,885 | €19,486 | -€83,400 | -81.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,885 | €13,486 | -€83,400 | -86.1% |
| Amounts payable | 17/49 | €34,228 | €152,101 | +€117,873 | +344% |
| Amounts payable after more than one year | 17 | €13,111 | €6,351 | -€6,759 | -51.6% |
| Financial debts | 170/4 | €13,111 | €6,351 | -€6,759 | -51.6% |
| Amounts payable within one year | 42/48 | €21,118 | €100,750 | +€79,632 | +377% |
| Current portion of amounts payable after more than one year | 42 | €6,682 | €6,759 | +€77 | +1.2% |
| Trade debts | 44 | €6,046 | €7,910 | +€1,864 | +30.8% |
| Suppliers | 440/4 | €6,046 | €7,910 | +€1,864 | +30.8% |
| Taxes, remuneration and social security | 45 | €1,825 | €2,626 | +€801 | +43.9% |
| Taxes | 450/3 | €1,825 | €2,626 | +€801 | +43.9% |
| Other amounts payable | 47/48 | €6,565 | €83,455 | +€76,890 | +1,171% |
| Accrued charges and deferred income | 492/3 | - | €45,000 | +€45,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,592 | €17,112 | +€520 | +3.1% |
| Other operating charges | 640/8 | €631 | €239 | -€392 | -62.2% |
| Gross operating margin | 9900 | €43,701 | €35,569 | -€8,131 | -18.6% |
| Operating profit (loss) | 9901 | €26,477 | €18,218 | -€8,259 | -31.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €365 | €308 | -€57 | -15.6% |
| Recurring financial charges | 65 | €365 | €308 | -€57 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €26,113 | €17,913 | -€8,200 | -31.4% |
| Income taxes | 67/77 | €6,141 | €4,428 | -€1,713 | -27.9% |
| Profit (loss) for the period | 9904 | €19,972 | €13,486 | -€6,486 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,972 | €13,486 | -€6,486 | -32.5% |
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 1 November 2026 via checked.be.