COEUS EUROPE: 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.
COEUS EUROPE
Largest movements
- Tangible fixed assets +€19,631
up €19,631 (+3.5%), from €564,937 to €584,569
of which Furniture and vehicles: +€17,657
- Receivables within one year -€7,033
down €7,033 (-72.6%), from €9,683 to €2,649
of which Trade receivables: -€9,680
- Other debts +€31,640
up €31,640 (+5.4%), from €589,926 to €621,567
- Profit (loss) carried forward -€16,513
down €16,513 (-42.5%), from -€38,820 to -€55,333
- Gross operating margin +€16,813
up €16,813, from -€12,468 to €4,346
- Depreciation +€6,530
up €6,530 (+91.8%), from €7,116 to €13,646
- Other operating charges +€5,120
up €5,120 (+268%), from €1,914 to €7,034
- Taxes -€880
no longer reported in 2025 (was €880)
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 | €575,185 | €588,808 | +€13,623 | +2.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €564,937 | €584,569 | +€19,631 | +3.5% |
| Tangible fixed assets | 22/27 | €564,937 | €584,569 | +€19,631 | +3.5% |
| Land and buildings | 22 | €476,475 | €478,574 | +€2,099 | +0.4% |
| Plant, machinery and equipment | 23 | €372 | €248 | -€124 | -33.3% |
| Furniture and vehicles | 24 | €88,090 | €105,747 | +€17,657 | +20.0% |
| Current assets | 29/58 | €10,248 | €4,240 | -€6,008 | -58.6% |
| Amounts receivable within one year | 40/41 | €9,683 | €2,649 | -€7,033 | -72.6% |
| Trade receivables | 40 | €9,680 | - | -€9,680 | |
| Other amounts receivable | 41 | €3 | €2,649 | +€2,647 | +105,027% |
| Cash at bank and in hand | 54/58 | €565 | €1,591 | +€1,025 | +181% |
| Total equity and liabilities | 10/49 | €575,185 | €588,808 | +€13,623 | +2.4% |
| Equity | 10/15 | -€18,819 | -€35,332 | -€16,513 | -87.7% |
| Contributions | 10/11 | €20,001 | €20,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,820 | -€55,333 | -€16,513 | -42.5% |
| Amounts payable | 17/49 | €594,004 | €624,140 | +€30,136 | +5.1% |
| Amounts payable within one year | 42/48 | €594,004 | €624,140 | +€30,136 | +5.1% |
| Trade debts | 44 | €3,187 | €2,573 | -€614 | -19.3% |
| Suppliers | 440/4 | €3,187 | €2,573 | -€614 | -19.3% |
| Taxes, remuneration and social security | 45 | €890 | - | -€890 | |
| Taxes | 450/3 | €890 | - | -€890 | |
| Other amounts payable | 47/48 | €589,926 | €621,567 | +€31,640 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,116 | €13,646 | +€6,530 | +91.8% |
| Other operating charges | 640/8 | €1,914 | €7,034 | +€5,120 | +268% |
| Gross operating margin | 9900 | -€12,468 | €4,346 | +€16,813 | |
| Operating profit (loss) | 9901 | -€21,498 | -€16,334 | +€5,164 | +24.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €243 | €179 | -€64 | -26.3% |
| Recurring financial charges | 65 | €243 | €179 | -€64 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,741 | -€16,513 | +€5,228 | +24.0% |
| Income taxes | 67/77 | €880 | - | -€880 | |
| Profit (loss) for the period | 9904 | -€22,620 | -€16,513 | +€6,107 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,620 | -€16,513 | +€6,107 | +27.0% |
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 30 October 2026 via checked.be.