COENS CONSULT: 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.
COENS CONSULT
Largest movements
- Stocks and contracts +€210,108
up €210,108 (+38.7%), from €542,684 to €752,792
- Tangible fixed assets -€20,928
down €20,928 (-2.8%), from €756,226 to €735,298
of which Land and buildings: -€20,928
- Other debts +€392,894
up €392,894 (+484%), from €81,241 to €474,135
- Trade debts -€150,109
down €150,109 (-43.5%), from €344,763 to €194,654
- Tax, wage and social debts -€40,236
no longer reported in 2024 (was €40,236)
- Depreciation +€16,102
up €16,102 (+334%), from €4,826 to €20,928
- Gross operating margin -€14,199
down €14,199 (-37.8%), from €37,557 to €23,358
- Taxes -€6,334
down €6,334 (-72.3%), from €8,763 to €2,429
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,308,372 | €1,510,128 | +€201,756 | +15.4% |
| Fixed assets | 21/28 | €756,226 | €735,298 | -€20,928 | -2.8% |
| Tangible fixed assets | 22/27 | €756,226 | €735,298 | -€20,928 | -2.8% |
| Land and buildings | 22 | €756,226 | €735,298 | -€20,928 | -2.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €552,146 | €774,830 | +€222,684 | +40.3% |
| Stocks and contracts in progress | 3 | €542,684 | €752,792 | +€210,108 | +38.7% |
| Stocks | 30/36 | €542,684 | €752,792 | +€210,108 | +38.7% |
| Amounts receivable within one year | 40/41 | €81 | €7,572 | +€7,491 | +9,275% |
| Trade receivables | 40 | €81 | - | -€81 | |
| Other amounts receivable | 41 | - | €7,572 | +€7,572 | |
| Cash at bank and in hand | 54/58 | €8,666 | €14,466 | +€5,800 | +66.9% |
| Deferred charges and accrued income | 490/1 | €715 | - | -€715 | |
| Total equity and liabilities | 10/49 | €1,308,372 | €1,510,128 | +€201,756 | +15.4% |
| Equity | 10/15 | €744,105 | €743,806 | -€299 | 0.0% |
| Contributions | 10/11 | €128,223 | €128,223 | -€0 | 0.0% |
| Reserves | 13 | €615,882 | €606,898 | -€8,984 | -1.5% |
| Non-distributable reserves | 130/1 | €12,822 | €12,822 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €12,822 | €12,822 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €294,081 | €285,098 | -€8,983 | -3.1% |
| Distributable reserves | 133 | €308,978 | €308,978 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €8,685 | +€8,685 | |
| Provisions and deferred taxes | 16 | €98,027 | €95,033 | -€2,994 | -3.1% |
| Deferred taxes | 168 | €98,027 | €95,033 | -€2,994 | -3.1% |
| Amounts payable | 17/49 | €466,240 | €671,289 | +€205,049 | +44.0% |
| Amounts payable within one year | 42/48 | €466,240 | €668,789 | +€202,549 | +43.4% |
| Trade debts | 44 | €344,763 | €194,654 | -€150,109 | -43.5% |
| Suppliers | 440/4 | €344,763 | €194,654 | -€150,109 | -43.5% |
| Taxes, remuneration and social security | 45 | €40,236 | - | -€40,236 | |
| Taxes | 450/3 | €40,236 | - | -€40,236 | |
| Other amounts payable | 47/48 | €81,241 | €474,135 | +€392,894 | +484% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,826 | €20,928 | +€16,102 | +334% |
| Other operating charges | 640/8 | €2,900 | €3,199 | +€299 | +10.3% |
| Gross operating margin | 9900 | €37,557 | €23,358 | -€14,199 | -37.8% |
| Operating profit (loss) | 9901 | €29,831 | -€769 | -€30,600 | |
| Financial charges | 65/66B | €104 | €94 | -€10 | -10.0% |
| Recurring financial charges | 65 | €104 | €94 | -€10 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €29,727 | -€863 | -€30,590 | |
| Transfer from deferred taxes | 780 | €3,111 | €2,994 | -€117 | -3.8% |
| Income taxes | 67/77 | €8,763 | €2,429 | -€6,334 | -72.3% |
| Profit (loss) for the period | 9904 | €24,074 | -€298 | -€24,372 | |
| Transfer from tax-exempt reserves | 789 | - | €8,983 | +€8,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,074 | €8,685 | -€15,389 | -63.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.