COETIX: 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.
COETIX
Largest movements
- Receivables within one year +€29,217
up €29,217 (+351.7%), from €8,308 to €37,525
of which Other amounts receivable: +€23,639
- Cash +€2,465
up €2,465 (+13.5%), from €18,323 to €20,789
mainly Net result for the year (+€22,726) and Trade debts (+€8,852)
- Deferred charges and accrued income +€873
up €873 (+43.9%), from €1,989 to €2,861
- Tangible fixed assets -€743
down €743 (-46.1%), from €1,612 to €869
- Profit (loss) carried forward +€22,726
up €22,726 (+290.2%), from €7,832 to €30,558
- Trade debts +€8,852
up €8,852 (+118.4%), from €7,475 to €16,327
- Other debts -€6,956
no longer reported in 2026 (was €6,956)
- Tax, wage and social debts +€5,994
up €5,994 (+79.3%), from €7,561 to €13,555
- Current portion of long-term debt +€1,000
new in 2026: €1,000
- Gross operating margin +€19,207
up €19,207 (+133.2%), from €14,418 to €33,625
- Taxes +€4,279
up €4,279 (+178.3%), from €2,400 to €6,679
- Financial charges -€458
down €458 (-17.9%), from €2,554 to €2,096
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,824 | €62,441 | +€31,617 | +102.6% |
| Formation expenses | 20 | €538 | €342 | -€196 | -36.4% |
| Fixed assets | 21/28 | €1,666 | €923 | -€743 | -44.6% |
| Tangible fixed assets | 22/27 | €1,612 | €869 | -€743 | -46.1% |
| Furniture and vehicles | 24 | €1,612 | €869 | -€743 | -46.1% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €28,620 | €61,175 | +€32,555 | +113.8% |
| Amounts receivable within one year | 40/41 | €8,308 | €37,525 | +€29,217 | +351.7% |
| Trade receivables | 40 | €8,308 | €13,886 | +€5,578 | +67.1% |
| Other amounts receivable | 41 | - | €23,639 | +€23,639 | |
| Cash at bank and in hand | 54/58 | €18,323 | €20,789 | +€2,465 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,989 | €2,861 | +€873 | +43.9% |
| Total equity and liabilities | 10/49 | €30,824 | €62,441 | +€31,617 | +102.6% |
| Equity | 10/15 | €8,832 | €31,558 | +€22,726 | +257.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,832 | €30,558 | +€22,726 | +290.2% |
| Amounts payable | 17/49 | €21,992 | €30,882 | +€8,891 | +40.4% |
| Amounts payable within one year | 42/48 | €21,992 | €30,882 | +€8,891 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | - | €1,000 | +€1,000 | |
| Trade debts | 44 | €7,475 | €16,327 | +€8,852 | +118.4% |
| Suppliers | 440/4 | €7,475 | €16,327 | +€8,852 | +118.4% |
| Taxes, remuneration and social security | 45 | €7,561 | €13,555 | +€5,994 | +79.3% |
| Taxes | 450/3 | €7,561 | €13,555 | +€5,994 | +79.3% |
| Other amounts payable | 47/48 | €6,956 | - | -€6,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €938 | €938 | = | 0.0% |
| Other operating charges | 640/8 | €1,158 | €1,186 | +€28 | +2.4% |
| Gross operating margin | 9900 | €14,418 | €33,625 | +€19,207 | +133.2% |
| Operating profit (loss) | 9901 | €12,322 | €31,501 | +€19,180 | +155.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,554 | €2,096 | -€458 | -17.9% |
| Recurring financial charges | 65 | €2,554 | €2,096 | -€458 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €9,768 | €29,405 | +€19,638 | +201.0% |
| Income taxes | 67/77 | €2,400 | €6,679 | +€4,279 | +178.3% |
| Profit (loss) for the period | 9904 | €7,368 | €22,726 | +€15,359 | +208.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,368 | €22,726 | +€15,359 | +208.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.