COIN COIN: 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.
COIN COIN
Largest movements
- Cash +€50,090
up €50,090 (+125%), from €40,089 to €90,179
mainly Net result for the year (+€46,466) and Depreciation (+€28,399)
- Tangible fixed assets -€28,399
down €28,399 (-27.0%), from €105,280 to €76,881
of which Other tangible fixed assets: -€18,843
- Receivables within one year -€23,391
down €23,391 (-25.8%), from €90,625 to €67,234
of which Trade receivables: -€14,511
- Stocks and contracts +€4,163
up €4,163 (+22.7%), from €18,349 to €22,512
- Profit (loss) carried forward +€26,466
up €26,466 (+22.4%), from €117,900 to €144,366
- Trade debts -€11,867
down €11,867 (-31.2%), from €38,059 to €26,191
- Debts after one year -€7,023
down €7,023 (-18.3%), from €38,393 to €31,370
- Tax, wage and social debts -€4,913
down €4,913 (-18.7%), from €26,263 to €21,350
of which Remuneration and social security: -€3,797
- Gross operating margin +€107,567
up €107,567 (+35.2%), from €305,212 to €412,779
- Staff costs +€39,391
up €39,391 (+14.9%), from €265,201 to €304,592
- Write-downs +€18,650
new in 2025: €18,650
- Provisions -€13,998
no longer reported in 2025 (was €13,998)
- Depreciation -€8,083
down €8,083 (-22.2%), from €36,482 to €28,399
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 | €266,481 | €270,300 | +€3,819 | +1.4% |
| Fixed assets | 21/28 | €115,030 | €86,631 | -€28,399 | -24.7% |
| Tangible fixed assets | 22/27 | €105,280 | €76,881 | -€28,399 | -27.0% |
| Plant, machinery and equipment | 23 | €9,323 | €5,021 | -€4,302 | -46.1% |
| Furniture and vehicles | 24 | €8,701 | €3,448 | -€5,253 | -60.4% |
| Other tangible fixed assets | 26 | €87,255 | €68,412 | -€18,843 | -21.6% |
| Financial fixed assets | 28 | €9,750 | €9,750 | = | 0.0% |
| Current assets | 29/58 | €151,451 | €183,669 | +€32,218 | +21.3% |
| Stocks and contracts in progress | 3 | €18,349 | €22,512 | +€4,163 | +22.7% |
| Stocks | 30/36 | €18,349 | €22,512 | +€4,163 | +22.7% |
| Amounts receivable within one year | 40/41 | €90,625 | €67,234 | -€23,391 | -25.8% |
| Trade receivables | 40 | €15,097 | €586 | -€14,511 | -96.1% |
| Other amounts receivable | 41 | €75,528 | €66,649 | -€8,879 | -11.8% |
| Cash at bank and in hand | 54/58 | €40,089 | €90,179 | +€50,090 | +125% |
| Deferred charges and accrued income | 490/1 | €2,388 | €3,743 | +€1,356 | +56.8% |
| Total equity and liabilities | 10/49 | €266,481 | €270,300 | +€3,819 | +1.4% |
| Equity | 10/15 | €157,900 | €184,366 | +€26,466 | +16.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,900 | €144,366 | +€26,466 | +22.4% |
| Amounts payable | 17/49 | €108,581 | €85,934 | -€22,646 | -20.9% |
| Amounts payable after more than one year | 17 | €38,393 | €31,370 | -€7,023 | -18.3% |
| Financial debts | 170/4 | €38,393 | €31,370 | -€7,023 | -18.3% |
| Amounts payable within one year | 42/48 | €70,188 | €54,564 | -€15,624 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €5,866 | €7,023 | +€1,157 | +19.7% |
| Trade debts | 44 | €38,059 | €26,191 | -€11,867 | -31.2% |
| Suppliers | 440/4 | €38,059 | €26,191 | -€11,867 | -31.2% |
| Taxes, remuneration and social security | 45 | €26,263 | €21,350 | -€4,913 | -18.7% |
| Taxes | 450/3 | €1,116 | - | -€1,116 | |
| Remuneration and social security | 454/9 | €25,148 | €21,350 | -€3,797 | -15.1% |
| Remuneration, social security and pensions | 62 | €265,201 | €304,592 | +€39,391 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,482 | €28,399 | -€8,083 | -22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,650 | +€18,650 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,998 | - | -€13,998 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €16,600 | - | -€16,600 | |
| Gross operating margin | 9900 | €305,212 | €412,779 | +€107,567 | +35.2% |
| Operating profit (loss) | 9901 | -€27,456 | €60,738 | +€88,194 | |
| Financial income | 75/76B | €2,352 | €57 | -€2,295 | -97.6% |
| Recurring financial income | 75 | €2,352 | €57 | -€2,295 | -97.6% |
| Financial charges | 65/66B | €7,458 | €8,329 | +€871 | +11.7% |
| Recurring financial charges | 65 | €7,458 | €8,329 | +€871 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,562 | €52,466 | +€85,028 | |
| Income taxes | 67/77 | -€300 | €6,000 | +€6,300 | |
| Profit (loss) for the period | 9904 | -€32,263 | €46,466 | +€78,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,263 | €46,466 | +€78,728 |
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 19 October 2026 via checked.be.