COECK GEBROEDERS: 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.
COECK GEBROEDERS
Largest movements
- Cash +€52,773
up €52,773 (+137%), from €38,439 to €91,211
mainly Trade debts (+€48,412) and Net result for the year (+€38,304)
- Tangible fixed assets +€27,474
up €27,474 (+224%), from €12,242 to €39,716
of which Furniture and vehicles: +€27,474
- Receivables within one year +€10,942
up €10,942 (+318%), from €3,443 to €14,385
of which Other amounts receivable: +€6,479
- Trade debts +€48,412
new in 2025: €48,412
- Profit (loss) carried forward +€38,304
up €38,304 (+449%), from €8,536 to €46,839
- Accrued charges and deferred income +€3,580
new in 2025: €3,580
- Gross operating margin +€52,133
up €52,133 (+994%), from €5,247 to €57,380
- Taxes +€11,534
up €11,534 (+640,787%), from €2 to €11,536
- Depreciation +€5,126
new in 2025: €5,126
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 | €54,249 | €146,141 | +€91,892 | +169% |
| Fixed assets | 21/28 | €12,242 | €39,716 | +€27,474 | +224% |
| Tangible fixed assets | 22/27 | €12,242 | €39,716 | +€27,474 | +224% |
| Land and buildings | 22 | €12,242 | €12,242 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €27,474 | +€27,474 | |
| Current assets | 29/58 | €42,007 | €106,425 | +€64,418 | +153% |
| Amounts receivable within one year | 40/41 | €3,443 | €14,385 | +€10,942 | +318% |
| Trade receivables | 40 | €2,456 | €6,919 | +€4,463 | +182% |
| Other amounts receivable | 41 | €987 | €7,466 | +€6,479 | +656% |
| Current investments | 50/53 | €125 | €125 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,439 | €91,211 | +€52,773 | +137% |
| Deferred charges and accrued income | 490/1 | - | €704 | +€704 | |
| Total equity and liabilities | 10/49 | €54,249 | €146,141 | +€91,892 | +169% |
| Equity | 10/15 | €29,805 | €68,109 | +€38,304 | +129% |
| Contributions | 10/11 | €19,336 | €19,336 | = | 0.0% |
| Reserves | 13 | €1,934 | €1,934 | = | 0.0% |
| Distributable reserves | 133 | €1,934 | €1,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,536 | €46,839 | +€38,304 | +449% |
| Amounts payable | 17/49 | €24,444 | €78,033 | +€53,588 | +219% |
| Amounts payable within one year | 42/48 | €24,444 | €74,453 | +€50,008 | +205% |
| Trade debts | 44 | - | €48,412 | +€48,412 | |
| Suppliers | 440/4 | - | €48,412 | +€48,412 | |
| Advances received on contracts in progress | 46 | €2,188 | €2,188 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,000 | €8,202 | +€202 | +2.5% |
| Taxes | 450/3 | - | €202 | +€202 | |
| Remuneration and social security | 454/9 | €8,000 | €8,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,256 | €15,650 | +€1,394 | +9.8% |
| Accrued charges and deferred income | 492/3 | - | €3,580 | +€3,580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,126 | +€5,126 | |
| Other operating charges | 640/8 | €2,115 | €2,216 | +€101 | +4.8% |
| Gross operating margin | 9900 | €5,247 | €57,380 | +€52,133 | +994% |
| Operating profit (loss) | 9901 | €3,131 | €50,037 | +€46,906 | +1,498% |
| Financial income | 75/76B | €6 | €6 | = | 0.0% |
| Recurring financial income | 75 | €6 | €6 | = | 0.0% |
| Financial charges | 65/66B | €170 | €204 | +€34 | +19.7% |
| Recurring financial charges | 65 | €170 | €204 | +€34 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €2,967 | €49,840 | +€46,872 | +1,580% |
| Income taxes | 67/77 | €2 | €11,536 | +€11,534 | +640,787% |
| Profit (loss) for the period | 9904 | €2,965 | €38,304 | +€35,338 | +1,192% |
| Profit (loss) for the period to be appropriated | 9905 | €2,965 | €38,304 | +€35,338 | +1,192% |
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 31 October 2026 via checked.be.