COEMAN REPATRIERING: 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.
COEMAN REPATRIERING
Largest movements
- Receivables within one year +€449,118
up €449,118 (+59.1%), from €760,169 to €1.2m
of which Trade receivables: +€430,460
- Tangible fixed assets -€106,951
down €106,951 (-8.2%), from €1.3m to €1.2m
of which Furniture and vehicles: -€104,004
- Cash +€87,372
up €87,372 (+7.7%), from €1.1m to €1.2m
mainly Net result for the year (+€563,738) and Depreciation (+€396,951)
- Reserves +€563,738
up €563,738 (+25.3%), from €2.2m to €2.8m
of which Distributable reserves: +€563,738
- Short-term financial debts -€150,000
down €150,000 (-100%), from €150,000 to €0
- Current portion of long-term debt +€146,570
up €146,570 (+4,273%), from €3,430 to €150,000
- Trade debts -€143,046
down €143,046 (-35.2%), from €406,666 to €263,620
- Gross operating margin +€188,818
up €188,818 (+16.0%), from €1.2m to €1.4m
- Depreciation +€120,868
up €120,868 (+43.8%), from €276,083 to €396,951
- Other operating charges +€27,589
up €27,589 (+33.3%), from €82,772 to €110,361
- Taxes +€19,641
up €19,641 (+11.1%), from €176,280 to €195,922
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 | €3,285,233 | €3,722,154 | +€436,921 | +13.3% |
| Fixed assets | 21/28 | €1,389,835 | €1,283,639 | -€106,196 | -7.6% |
| Tangible fixed assets | 22/27 | €1,310,192 | €1,203,241 | -€106,951 | -8.2% |
| Land and buildings | 22 | €395,839 | €393,544 | -€2,295 | -0.6% |
| Plant, machinery and equipment | 23 | €652 | €0 | -€652 | -100% |
| Furniture and vehicles | 24 | €913,700 | €809,697 | -€104,004 | -11.4% |
| Financial fixed assets | 28 | €79,643 | €80,398 | +€755 | +0.9% |
| Current assets | 29/58 | €1,895,398 | €2,438,515 | +€543,117 | +28.7% |
| Amounts receivable within one year | 40/41 | €760,169 | €1,209,287 | +€449,118 | +59.1% |
| Trade receivables | 40 | €333,535 | €763,994 | +€430,460 | +129% |
| Other amounts receivable | 41 | €426,634 | €445,292 | +€18,658 | +4.4% |
| Cash at bank and in hand | 54/58 | €1,132,552 | €1,219,924 | +€87,372 | +7.7% |
| Deferred charges and accrued income | 490/1 | €2,677 | €9,304 | +€6,627 | +248% |
| Total equity and liabilities | 10/49 | €3,285,233 | €3,722,154 | +€436,921 | +13.3% |
| Equity | 10/15 | €2,473,487 | €3,037,225 | +€563,738 | +22.8% |
| Contributions | 10/11 | €241,696 | €241,696 | = | 0.0% |
| Capital | 10 | €241,696 | €241,696 | = | 0.0% |
| Issued capital | 100 | €241,696 | €241,696 | = | 0.0% |
| Reserves | 13 | €2,231,791 | €2,795,529 | +€563,738 | +25.3% |
| Non-distributable reserves | 130/1 | €24,170 | €24,170 | = | 0.0% |
| Legal reserve | 130 | €24,170 | €24,170 | = | 0.0% |
| Distributable reserves | 133 | €2,207,621 | €2,771,359 | +€563,738 | +25.5% |
| Amounts payable | 17/49 | €811,746 | €684,929 | -€126,817 | -15.6% |
| Amounts payable within one year | 42/48 | €811,746 | €684,929 | -€126,817 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €3,430 | €150,000 | +€146,570 | +4,273% |
| Financial debts | 43 | €150,000 | €0 | -€150,000 | -100% |
| Credit institutions | 430/8 | €150,000 | €0 | -€150,000 | -100% |
| Trade debts | 44 | €406,666 | €263,620 | -€143,046 | -35.2% |
| Suppliers | 440/4 | €406,666 | €263,620 | -€143,046 | -35.2% |
| Taxes, remuneration and social security | 45 | €129,782 | €126,811 | -€2,971 | -2.3% |
| Taxes | 450/3 | €119,555 | €110,532 | -€9,023 | -7.5% |
| Remuneration and social security | 454/9 | €10,227 | €16,279 | +€6,052 | +59.2% |
| Other amounts payable | 47/48 | €121,868 | €144,498 | +€22,630 | +18.6% |
| Non-recurring operating income | 76A | - | €70 | +€70 | |
| Remuneration, social security and pensions | 62 | €81,938 | €95,205 | +€13,267 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,083 | €396,951 | +€120,868 | +43.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €82,772 | €110,361 | +€27,589 | +33.3% |
| Gross operating margin | 9900 | €1,179,979 | €1,368,797 | +€188,818 | +16.0% |
| Operating profit (loss) | 9901 | €739,186 | €766,280 | +€27,094 | +3.7% |
| Financial income | 75/76B | €2,176 | €3,653 | +€1,477 | +67.9% |
| Recurring financial income | 75 | €2,176 | €3,653 | +€1,477 | +67.9% |
| Financial charges | 65/66B | €9,177 | €10,273 | +€1,096 | +11.9% |
| Recurring financial charges | 65 | €9,177 | €10,273 | +€1,096 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €732,184 | €759,660 | +€27,475 | +3.8% |
| Income taxes | 67/77 | €176,280 | €195,922 | +€19,641 | +11.1% |
| Profit (loss) for the period | 9904 | €555,904 | €563,738 | +€7,834 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €555,904 | €563,738 | +€7,834 | +1.4% |
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 15 October 2026 via checked.be.