COENEN PARK: 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.
COENEN PARK
Largest movements
- Tangible fixed assets -€33,629
down €33,629 (-17.8%), from €189,009 to €155,380
of which Furniture and vehicles: -€19,840
- Cash +€32,823
up €32,823 (+98.6%), from €33,292 to €66,115
mainly Net result for the year (+€77,962) and Investment in fixed assets (net) (+€19,117)
- Receivables within one year -€13,234
down €13,234 (-49.2%), from €26,888 to €13,654
of which Trade receivables: -€13,234
- Other debts -€93,544
down €93,544 (-15.6%), from €600,491 to €506,947
- Profit (loss) carried forward +€77,962
up €77,962 (+7.2%), from -€1.1m to -€1.0m
- Trade debts +€3,088
up €3,088 (+264%), from €1,170 to €4,258
- Gross operating margin +€16,807
up €16,807 (+21.7%), from €77,407 to €94,214
- Depreciation -€6,348
down €6,348 (-30.4%), from €20,860 to €14,512
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 | €249,659 | €235,938 | -€13,721 | -5.5% |
| Fixed assets | 21/28 | €189,009 | €155,380 | -€33,629 | -17.8% |
| Tangible fixed assets | 22/27 | €189,009 | €155,380 | -€33,629 | -17.8% |
| Land and buildings | 22 | €166,205 | €152,651 | -€13,554 | -8.2% |
| Plant, machinery and equipment | 23 | €552 | €317 | -€234 | -42.5% |
| Furniture and vehicles | 24 | €22,252 | €2,412 | -€19,840 | -89.2% |
| Current assets | 29/58 | €60,650 | €80,558 | +€19,908 | +32.8% |
| Amounts receivable within one year | 40/41 | €26,888 | €13,654 | -€13,234 | -49.2% |
| Trade receivables | 40 | €26,888 | €13,654 | -€13,234 | -49.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €33,292 | €66,115 | +€32,823 | +98.6% |
| Deferred charges and accrued income | 490/1 | €469 | €789 | +€320 | +68.1% |
| Total equity and liabilities | 10/49 | €249,659 | €235,938 | -€13,721 | -5.5% |
| Equity | 10/15 | -€354,057 | -€276,095 | +€77,962 | +22.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €662,337 | €662,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,834 | €19,834 | = | 0.0% |
| Legal reserve | 130 | €19,831 | €19,831 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3 | €3 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,023 | €4,023 | = | 0.0% |
| Distributable reserves | 133 | €638,480 | €638,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,078,394 | -€1,000,432 | +€77,962 | +7.2% |
| Amounts payable | 17/49 | €603,715 | €512,032 | -€91,683 | -15.2% |
| Amounts payable within one year | 42/48 | €603,715 | €512,032 | -€91,683 | -15.2% |
| Trade debts | 44 | €1,170 | €4,258 | +€3,088 | +264% |
| Suppliers | 440/4 | €1,170 | €4,258 | +€3,088 | +264% |
| Taxes, remuneration and social security | 45 | €2,054 | €827 | -€1,227 | -59.7% |
| Taxes | 450/3 | €2,054 | €827 | -€1,227 | -59.7% |
| Other amounts payable | 47/48 | €600,491 | €506,947 | -€93,544 | -15.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,860 | €14,512 | -€6,348 | -30.4% |
| Other operating charges | 640/8 | €1,220 | €1,644 | +€423 | +34.7% |
| Gross operating margin | 9900 | €77,407 | €94,214 | +€16,807 | +21.7% |
| Operating profit (loss) | 9901 | €55,327 | €78,059 | +€22,731 | +41.1% |
| Financial charges | 65/66B | €95 | €97 | +€1 | +1.4% |
| Recurring financial charges | 65 | €95 | €97 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €55,232 | €77,962 | +€22,730 | +41.2% |
| Income taxes | 67/77 | €372 | €0 | -€372 | -100% |
| Profit (loss) for the period | 9904 | €54,860 | €77,962 | +€23,102 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,860 | €77,962 | +€23,102 | +42.1% |
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 28 October 2026 via checked.be.