COINCHIQ: what changed
Two fiscal 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.
COINCHIQ
Largest movements
- Stocks and contracts +€43,600
up €43,600 (+51.1%), from €85,258 to €128,858
- Receivables within one year -€37,625
down €37,625 (-73.5%), from €51,221 to €13,596
of which Trade receivables: -€38,802
- Cash +€8,709
up €8,709 (+37.8%), from €23,030 to €31,739
mainly Net result for the year (+€76,742) and Receivables within one year (+€37,625)
- Reserves +€76,742
up €76,742 (+94.1%), from €81,515 to €158,257
- Trade debts -€43,200
down €43,200 (-92.2%), from €46,863 to €3,664
- Advances received -€20,071
down €20,071 (-100.0%), from €20,071 to €0
- Tax, wage and social debts +€11,394
up €11,394 (+180.1%), from €6,327 to €17,721
of which Taxes: +€9,526
- Other debts -€10,924
down €10,924 (-88.8%), from €12,297 to €1,374
- Gross operating margin +€44,047
up €44,047 (+40.2%), from €109,547 to €153,594
- Taxes +€12,923
up €12,923 (+51.0%), from €25,331 to €38,253
- Depreciation +€3,010
up €3,010 (+75.3%), from €4,000 to €7,010
- Financial charges +€2,094
up €2,094 (+57.6%), from €3,635 to €5,729
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.
Cash bridge derived
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 | €209,473 | €223,415 | +€13,942 | +6.7% |
| Fixed assets | 21/28 | €44,214 | €42,454 | -€1,760 | -4.0% |
| Intangible fixed assets | 21 | €2,713 | €1,663 | -€1,050 | -38.7% |
| Tangible fixed assets | 22/27 | €41,501 | €40,791 | -€710 | -1.7% |
| Furniture and vehicles | 24 | €7,441 | €10,446 | +€3,005 | +40.4% |
| Other tangible fixed assets | 26 | €34,060 | €30,346 | -€3,715 | -10.9% |
| Current assets | 29/58 | €165,260 | €180,962 | +€15,702 | +9.5% |
| Stocks and contracts in progress | 3 | €85,258 | €128,858 | +€43,600 | +51.1% |
| Stocks | 30/36 | €85,258 | €128,858 | +€43,600 | +51.1% |
| Amounts receivable within one year | 40/41 | €51,221 | €13,596 | -€37,625 | -73.5% |
| Trade receivables | 40 | €45,056 | €6,254 | -€38,802 | -86.1% |
| Other amounts receivable | 41 | €6,165 | €7,342 | +€1,177 | +19.1% |
| Cash at bank and in hand | 54/58 | €23,030 | €31,739 | +€8,709 | +37.8% |
| Deferred charges and accrued income | 490/1 | €5,751 | €6,769 | +€1,018 | +17.7% |
| Total equity and liabilities | 10/49 | €209,473 | €223,415 | +€13,942 | +6.7% |
| Equity | 10/15 | €93,915 | €170,657 | +€76,742 | +81.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €81,515 | €158,257 | +€76,742 | +94.1% |
| Distributable reserves | 133 | €81,515 | €158,257 | +€76,742 | +94.1% |
| Amounts payable | 17/49 | €115,558 | €52,758 | -€62,800 | -54.3% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Other amounts payable | 178/9 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,558 | €22,758 | -€62,800 | -73.4% |
| Trade debts | 44 | €46,863 | €3,664 | -€43,200 | -92.2% |
| Suppliers | 440/4 | €46,863 | €3,664 | -€43,200 | -92.2% |
| Advances received on contracts in progress | 46 | €20,071 | €0 | -€20,071 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,327 | €17,721 | +€11,394 | +180.1% |
| Taxes | 450/3 | €3,207 | €12,733 | +€9,526 | +297.0% |
| Remuneration and social security | 454/9 | €3,120 | €4,988 | +€1,868 | +59.9% |
| Other amounts payable | 47/48 | €12,297 | €1,374 | -€10,924 | -88.8% |
| Non-recurring operating income | 76A | €4,103 | €0 | -€4,103 | -100.0% |
| Remuneration, social security and pensions | 62 | €23,147 | €23,308 | +€161 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €7,010 | +€3,010 | +75.3% |
| Other operating charges | 640/8 | €1,888 | €3,152 | +€1,264 | +66.9% |
| Non-recurring operating charges | 66A | €57 | €0 | -€57 | -100.0% |
| Gross operating margin | 9900 | €109,547 | €153,594 | +€44,047 | +40.2% |
| Operating profit (loss) | 9901 | €80,455 | €120,124 | +€39,669 | +49.3% |
| Financial income | 75/76B | €875 | €601 | -€274 | -31.4% |
| Recurring financial income | 75 | €875 | €601 | -€274 | -31.4% |
| Financial charges | 65/66B | €3,635 | €5,729 | +€2,094 | +57.6% |
| Recurring financial charges | 65 | €3,635 | €5,729 | +€2,094 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €77,696 | €114,996 | +€37,300 | +48.0% |
| Income taxes | 67/77 | €25,331 | €38,253 | +€12,923 | +51.0% |
| Profit (loss) for the period | 9904 | €52,365 | €76,742 | +€24,377 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,365 | €76,742 | +€24,377 | +46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.