COIMBRA GROUP: 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.
COIMBRA GROUP
Largest movements
- Cash +€168,417
up €168,417 (+25.2%), from €669,551 to €837,968
- Receivables within one year +€56,798
new in 2025: €56,798
- Reserves +€149,615
up €149,615 (+23.9%), from €626,710 to €776,325
- Tax, wage and social debts +€48,007
up €48,007 (+150%), from €32,024 to €80,031
- Accrued charges and deferred income +€27,804
up €27,804 (+9,268%), from €300 to €28,104
- Staff costs +€219,879
up €219,879 (+73.8%), from €297,808 to €517,687
- Gross operating margin +€13,266
up €13,266 (+2.9%), from €463,977 to €477,243
- Financial income +€4,804
up €4,804 (+336%), from €1,429 to €6,232
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €676,750 | €903,695 | +€226,945 | +33.5% |
| Fixed assets | 21/28 | €1,952 | €7,454 | +€5,502 | +282% |
| Tangible fixed assets | 22/27 | €1,832 | €7,334 | +€5,502 | +300% |
| Plant, machinery and equipment | 23 | €1,832 | €3,769 | +€1,937 | +106% |
| Furniture and vehicles | 24 | - | €3,565 | +€3,565 | |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €674,798 | €896,241 | +€221,443 | +32.8% |
| Amounts receivable within one year | 40/41 | - | €56,798 | +€56,798 | |
| Trade receivables | 40 | - | €56,798 | +€56,798 | |
| Cash at bank and in hand | 54/58 | €669,551 | €837,968 | +€168,417 | +25.2% |
| Deferred charges and accrued income | 490/1 | €5,247 | €1,474 | -€3,772 | -71.9% |
| Total equity and liabilities | 10/49 | €676,750 | €903,695 | +€226,945 | +33.5% |
| Equity | 10/15 | €626,710 | €776,325 | +€149,615 | +23.9% |
| Reserves | 13 | €626,710 | €776,325 | +€149,615 | +23.9% |
| Provisions and deferred taxes | 16 | €11,620 | €10,000 | -€1,620 | -13.9% |
| Provisions for liabilities and charges | 160/5 | - | €10,000 | +€10,000 | |
| Environmental obligations | 163 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €38,420 | €117,370 | +€78,950 | +205% |
| Amounts payable within one year | 42/48 | €38,120 | €89,266 | +€51,146 | +134% |
| Trade debts | 44 | €6,096 | €9,235 | +€3,139 | +51.5% |
| Suppliers | 440/4 | €6,096 | €9,235 | +€3,139 | +51.5% |
| Taxes, remuneration and social security | 45 | €32,024 | €80,031 | +€48,007 | +150% |
| Remuneration and social security | 454/9 | €32,024 | €80,031 | +€48,007 | +150% |
| Accrued charges and deferred income | 492/3 | €300 | €28,104 | +€27,804 | +9,268% |
| Remuneration, social security and pensions | 62 | €297,808 | €517,687 | +€219,879 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €1,704 | -€296 | -14.8% |
| Other operating charges | 640/8 | €919 | €2,540 | +€1,621 | +176% |
| Gross operating margin | 9900 | €463,977 | €477,243 | +€13,266 | +2.9% |
| Operating profit (loss) | 9901 | €161,631 | -€44,688 | -€206,319 | |
| Financial income | 75/76B | €1,429 | €6,232 | +€4,804 | +336% |
| Recurring financial income | 75 | €1,429 | €6,232 | +€4,804 | +336% |
| Financial charges | 65/66B | €213 | €200 | -€14 | -6.4% |
| Recurring financial charges | 65 | €213 | €200 | -€14 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €162,846 | -€38,655 | -€201,501 | |
| Profit (loss) for the period | 9904 | €162,846 | -€38,655 | -€201,501 | |
| Profit (loss) for the period to be appropriated | 9905 | €162,846 | -€38,655 | -€201,501 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.