Coens & De Jonge: 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.
What changed
Coens & De Jonge
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€10,786
2024 · -€13,454+€2,669
Equity
€699,552
2024 · €710,338-€10,786
Cash
€10,018
2024 · €5,152+€4,866
Balance sheet total
€1.9m
2024 · €2.0m-€88,633
Largest movements
Assets
- Tangible fixed assets -€92,422
down €92,422 (-4.7%), from €2.0m to €1.9m
of which Land and buildings: -€76,269
Equity and liabilities
- Debts after one year -€64,498
down €64,498 (-12.4%), from €519,541 to €455,043
of which Financial debts: -€59,498
Income statement
- Depreciation -€5,120
down €5,120 (-5.0%), from €102,171 to €97,050
- Financial charges +€5,004
up €5,004 (+70.9%), from €7,053 to €12,057
- Gross operating margin +€4,880
up €4,880 (+3.8%), from €127,721 to €132,601
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.
Result 2024
-€13,454
Gross operating margin
+€4,880
Staff costs
-€822
Depreciation
+€5,120
Other operating charges
-€428
Financial charges
-€5,004
Taxes
-€1,078
Result 2025
-€10,786
raises the resultlowers the result
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.
From operations
+€71,938
Investment
-€4,629
Financing
-€62,444
Cash 2024
€5,152
From operations (derived)
+€71,938
Net result for the year
-€10,786
Depreciation
+€97,050
Receivables within one year
+€1,077
Provisions
-€19,037
Trade debts
+€3,675
Tax, wage and social debts
+€553
Other debts
-€639
Accrued charges and deferred income
+€45
Investment (derived)
-€4,629
Investment in fixed assets (net)
-€4,629
Financing
-€62,444
Debts after one year
-€64,498
Current portion of long-term debt
+€2,054
Cash 2025
€10,018
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,991,253 | €1,902,621 | -€88,633 | -4.5% |
| Fixed assets | 21/28 | €1,984,141 | €1,891,719 | -€92,422 | -4.7% |
| Tangible fixed assets | 22/27 | €1,984,141 | €1,891,719 | -€92,422 | -4.7% |
| Land and buildings | 22 | €1,902,813 | €1,826,544 | -€76,269 | -4.0% |
| Plant, machinery and equipment | 23 | €81,328 | €65,175 | -€16,153 | -19.9% |
| Current assets | 29/58 | €7,112 | €10,901 | +€3,789 | +53.3% |
| Amounts receivable within one year | 40/41 | €1,960 | €883 | -€1,077 | -54.9% |
| Other amounts receivable | 41 | €1,960 | €883 | -€1,077 | -54.9% |
| Cash at bank and in hand | 54/58 | €5,152 | €10,018 | +€4,866 | +94.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,991,253 | €1,902,621 | -€88,633 | -4.5% |
| Equity | 10/15 | €710,338 | €699,552 | -€10,786 | -1.5% |
| Contributions | 10/11 | €179,850 | €179,850 | = | 0.0% |
| Reserves | 13 | €530,488 | €519,702 | -€10,786 | -2.0% |
| Tax-exempt reserves | 132 | €356,632 | €319,678 | -€36,954 | -10.4% |
| Distributable reserves | 133 | €173,855 | €200,024 | +€26,169 | +15.1% |
| Provisions and deferred taxes | 16 | €177,335 | €158,297 | -€19,037 | -10.7% |
| Deferred taxes | 168 | €177,335 | €158,297 | -€19,037 | -10.7% |
| Amounts payable | 17/49 | €1,103,581 | €1,044,771 | -€58,810 | -5.3% |
| Amounts payable after more than one year | 17 | €519,541 | €455,043 | -€64,498 | -12.4% |
| Financial debts | 170/4 | €469,241 | €409,743 | -€59,498 | -12.7% |
| Other amounts payable | 178/9 | €50,300 | €45,300 | -€5,000 | -9.9% |
| Amounts payable within one year | 42/48 | €582,865 | €588,508 | +€5,643 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €57,304 | €59,358 | +€2,054 | +3.6% |
| Trade debts | 44 | €1,952 | €5,627 | +€3,675 | +188% |
| Suppliers | 440/4 | €1,952 | €5,627 | +€3,675 | +188% |
| Taxes, remuneration and social security | 45 | €4,581 | €5,134 | +€553 | +12.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,581 | €5,134 | +€553 | +12.1% |
| Other amounts payable | 47/48 | €519,027 | €518,388 | -€639 | -0.1% |
| Accrued charges and deferred income | 492/3 | €1,175 | €1,220 | +€45 | +3.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €20,597 | €21,419 | +€822 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,171 | €97,050 | -€5,120 | -5.0% |
| Other operating charges | 640/8 | €17,352 | €17,780 | +€428 | +2.5% |
| Gross operating margin | 9900 | €127,721 | €132,601 | +€4,880 | +3.8% |
| Operating profit (loss) | 9901 | -€12,399 | -€3,648 | +€8,751 | +70.6% |
| Financial charges | 65/66B | €7,053 | €12,057 | +€5,004 | +70.9% |
| Recurring financial charges | 65 | €7,053 | €12,057 | +€5,004 | +70.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,452 | -€15,705 | +€3,747 | +19.3% |
| Transfer from deferred taxes | 780 | €19,037 | €19,037 | = | 0.0% |
| Income taxes | 67/77 | €13,039 | €14,117 | +€1,078 | +8.3% |
| Profit (loss) for the period | 9904 | -€13,454 | -€10,786 | +€2,669 | +19.8% |
| Transfer from tax-exempt reserves | 789 | €36,954 | €36,954 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,500 | €26,169 | +€2,669 | +11.4% |
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 18 October 2026 via checked.be.