COENE GERARDI: what changed
What changed
COENE GERARDI
NACE 47.279, Other retail sale of food
filed annual accounts (NBB)
Net result for the year
€118,649
2024 · €112,483+€6,166
Equity
€377,702
2024 · €259,053+€118,649
Cash
€69,701
2024 · €56,266+€13,435
Balance sheet total
€1.4m
2024 · €1.2m+€205,949
Largest movements
Assets
- Stocks and contracts +€89,394
up €89,394 (+96.9%), from €92,210 to €181,604
- Financial fixed assets +€81,325
up €81,325 (+11.0%), from €739,000 to €820,325
- Receivables within one year +€76,904
up €76,904 (+88.6%), from €86,793 to €163,697
of which Other amounts receivable: +€53,942
- Tangible fixed assets -€50,264
down €50,264 (-27.2%), from €184,564 to €134,300
of which Furniture and vehicles: -€31,204
Equity and liabilities
- Reserves +€118,649
up €118,649 (+46.7%), from €254,053 to €372,702
- Trade debts +€95,679
up €95,679 (+48.2%), from €198,519 to €294,198
- Debts after one year -€91,709
down €91,709 (-22.0%), from €416,841 to €325,132
- Other debts +€83,772
up €83,772 (+67.9%), from €123,370 to €207,143
- Current portion of long-term debt -€21,943
down €21,943 (-16.4%), from €133,652 to €111,709
Income statement
- Gross operating margin +€232,760
up €232,760 (+47.8%), from €486,990 to €719,751
- Staff costs +€186,515
up €186,515 (+68.4%), from €272,521 to €459,036
- Financial charges +€28,979
up €28,979 (+135%), from €21,436 to €50,415
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
€112,483
Gross operating margin
+€232,760
Staff costs
-€186,515
Depreciation
-€2,035
Other operating charges
-€882
Other operating items
-€3,950
Financial income
-€745
Financial charges
-€28,979
Taxes
-€3,488
Result 2025
€118,649
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
+€191,458
Investment
-€64,418
Financing
-€113,605
Cash 2024
€56,266
From operations (derived)
+€191,458
Net result for the year
+€118,649
Depreciation
+€33,357
Receivables after one year
+€6,124
Stocks and contracts
-€89,394
Receivables within one year
-€76,904
Deferred charges and accrued income
-€1,280
Trade debts
+€95,679
Tax, wage and social debts
+€19,549
Other debts
+€83,772
Accrued charges and deferred income
+€1,905
Investment (derived)
-€64,418
Investment in fixed assets (net)
-€64,418
Financing
-€113,605
Debts after one year
-€91,709
Current portion of long-term debt
-€21,943
Short-term financial debts
+€47
Cash 2025
€69,701
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,179,891 | €1,385,840 | +€205,949 | +17.5% |
| Fixed assets | 21/28 | €923,564 | €954,625 | +€31,061 | +3.4% |
| Tangible fixed assets | 22/27 | €184,564 | €134,300 | -€50,264 | -27.2% |
| Plant, machinery and equipment | 23 | €118,045 | €102,938 | -€15,107 | -12.8% |
| Furniture and vehicles | 24 | €38,082 | €6,878 | -€31,204 | -81.9% |
| Leasing and similar rights | 25 | €25,183 | €17,125 | -€8,058 | -32.0% |
| Other tangible fixed assets | 26 | €3,254 | €7,358 | +€4,104 | +126% |
| Financial fixed assets | 28 | €739,000 | €820,325 | +€81,325 | +11.0% |
| Current assets | 29/58 | €256,327 | €431,215 | +€174,888 | +68.2% |
| Amounts receivable after more than one year | 29 | €15,485 | €9,360 | -€6,124 | -39.6% |
| Other amounts receivable | 291 | €15,485 | €9,360 | -€6,124 | -39.6% |
| Stocks and contracts in progress | 3 | €92,210 | €181,604 | +€89,394 | +96.9% |
| Stocks | 30/36 | €92,210 | €181,604 | +€89,394 | +96.9% |
| Amounts receivable within one year | 40/41 | €86,793 | €163,697 | +€76,904 | +88.6% |
| Trade receivables | 40 | €76,294 | €99,256 | +€22,962 | +30.1% |
| Other amounts receivable | 41 | €10,499 | €64,441 | +€53,942 | +514% |
| Cash at bank and in hand | 54/58 | €56,266 | €69,701 | +€13,435 | +23.9% |
| Deferred charges and accrued income | 490/1 | €5,573 | €6,852 | +€1,280 | +23.0% |
| Total equity and liabilities | 10/49 | €1,179,891 | €1,385,840 | +€205,949 | +17.5% |
| Equity | 10/15 | €259,053 | €377,702 | +€118,649 | +45.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €254,053 | €372,702 | +€118,649 | +46.7% |
| Distributable reserves | 133 | €254,053 | €372,702 | +€118,649 | +46.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €920,837 | €1,008,137 | +€87,300 | +9.5% |
| Amounts payable after more than one year | 17 | €416,841 | €325,132 | -€91,709 | -22.0% |
| Financial debts | 170/4 | €416,841 | €325,132 | -€91,709 | -22.0% |
| Amounts payable within one year | 42/48 | €503,450 | €680,554 | +€177,104 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €133,652 | €111,709 | -€21,943 | -16.4% |
| Financial debts | 43 | €62 | €110 | +€47 | +75.6% |
| Credit institutions | 430/8 | €62 | €110 | +€47 | +75.6% |
| Trade debts | 44 | €198,519 | €294,198 | +€95,679 | +48.2% |
| Suppliers | 440/4 | €198,519 | €294,198 | +€95,679 | +48.2% |
| Taxes, remuneration and social security | 45 | €47,847 | €67,396 | +€19,549 | +40.9% |
| Taxes | 450/3 | €7,814 | €11,613 | +€3,800 | +48.6% |
| Remuneration and social security | 454/9 | €40,033 | €55,782 | +€15,750 | +39.3% |
| Other amounts payable | 47/48 | €123,370 | €207,143 | +€83,772 | +67.9% |
| Accrued charges and deferred income | 492/3 | €546 | €2,451 | +€1,905 | +349% |
| Remuneration, social security and pensions | 62 | €272,521 | €459,036 | +€186,515 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,322 | €33,357 | +€2,035 | +6.5% |
| Other operating charges | 640/8 | €2,629 | €3,511 | +€882 | +33.5% |
| Non-recurring operating charges | 66A | - | €3,950 | +€3,950 | |
| Gross operating margin | 9900 | €486,990 | €719,751 | +€232,760 | +47.8% |
| Operating profit (loss) | 9901 | €180,518 | €219,896 | +€39,378 | +21.8% |
| Financial income | 75/76B | €1,376 | €630 | -€745 | -54.2% |
| Recurring financial income | 75 | €1,376 | €630 | -€745 | -54.2% |
| Financial charges | 65/66B | €21,436 | €50,415 | +€28,979 | +135% |
| Recurring financial charges | 65 | €21,436 | €50,415 | +€28,979 | +135% |
| Profit (loss) for the period before taxes | 9903 | €160,458 | €170,112 | +€9,654 | +6.0% |
| Income taxes | 67/77 | €47,975 | €51,463 | +€3,488 | +7.3% |
| Profit (loss) for the period | 9904 | €112,483 | €118,649 | +€6,166 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,483 | €118,649 | +€6,166 | +5.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.