Content & Coffee: 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.
Content & Coffee
Largest movements
- Formation expenses -€41,833
down €41,833 (-20.3%), from €205,612 to €163,779
- Receivables within one year -€36,214
down €36,214 (-15.4%), from €234,750 to €198,535
of which Trade receivables: -€36,424
- Profit (loss) carried forward -€78,966
down €78,966, from €0 to -€78,966
- Debts after one year +€77,434
up €77,434 (+154.9%), from €50,000 to €127,434
- Tax, wage and social debts -€63,592
down €63,592 (-58.6%), from €108,485 to €44,893
of which Remuneration and social security: -€42,664
- Trade debts -€27,001
down €27,001 (-20.6%), from €131,310 to €104,309
- Reserves -€25,197
down €25,197 (-100.0%), from €25,197 to €0
- Gross operating margin -€327,554
down €327,554 (-49.2%), from €665,396 to €337,842
- Staff costs -€303,791
down €303,791 (-44.5%), from €683,026 to €379,234
- Depreciation +€36,866
up €36,866 (+503.9%), from €7,317 to €44,183
- Financial charges +€13,589
up €13,589 (+284.7%), from €4,774 to €18,363
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 | €671,510 | €590,528 | -€80,982 | -12.1% |
| Formation expenses | 20 | €205,612 | €163,779 | -€41,833 | -20.3% |
| Fixed assets | 21/28 | €5,061 | €2,711 | -€2,350 | -46.4% |
| Tangible fixed assets | 22/27 | €5,061 | €2,711 | -€2,350 | -46.4% |
| Plant, machinery and equipment | 23 | €585 | €0 | -€585 | -100.0% |
| Furniture and vehicles | 24 | €4,475 | €2,711 | -€1,765 | -39.4% |
| Current assets | 29/58 | €460,838 | €424,039 | -€36,799 | -8.0% |
| Amounts receivable within one year | 40/41 | €234,750 | €198,535 | -€36,214 | -15.4% |
| Trade receivables | 40 | €227,986 | €191,562 | -€36,424 | -16.0% |
| Other amounts receivable | 41 | €6,764 | €6,973 | +€209 | +3.1% |
| Cash at bank and in hand | 54/58 | €214,570 | €220,637 | +€6,067 | +2.8% |
| Deferred charges and accrued income | 490/1 | €11,518 | €4,866 | -€6,652 | -57.8% |
| Total equity and liabilities | 10/49 | €671,510 | €590,528 | -€80,982 | -12.1% |
| Equity | 10/15 | €252,497 | €148,334 | -€104,163 | -41.3% |
| Contributions | 10/11 | €227,300 | €227,300 | = | 0.0% |
| Reserves | 13 | €25,197 | €0 | -€25,197 | -100.0% |
| Distributable reserves | 133 | €25,197 | €0 | -€25,197 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€78,966 | -€78,966 | |
| Amounts payable | 17/49 | €419,013 | €442,194 | +€23,182 | +5.5% |
| Amounts payable after more than one year | 17 | €50,000 | €127,434 | +€77,434 | +154.9% |
| Financial debts | 170/4 | €50,000 | €127,434 | +€77,434 | +154.9% |
| Amounts payable within one year | 42/48 | €369,013 | €312,880 | -€56,132 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | - | €20,000 | +€20,000 | |
| Financial debts | 43 | €129,218 | €143,678 | +€14,460 | +11.2% |
| Credit institutions | 430/8 | €129,122 | €143,678 | +€14,556 | +11.3% |
| Other loans | 439 | €96 | - | -€96 | |
| Trade debts | 44 | €131,310 | €104,309 | -€27,001 | -20.6% |
| Suppliers | 440/4 | €131,310 | €104,309 | -€27,001 | -20.6% |
| Taxes, remuneration and social security | 45 | €108,485 | €44,893 | -€63,592 | -58.6% |
| Taxes | 450/3 | €24,749 | €3,821 | -€20,928 | -84.6% |
| Remuneration and social security | 454/9 | €83,736 | €41,072 | -€42,664 | -51.0% |
| Accrued charges and deferred income | 492/3 | - | €1,880 | +€1,880 | |
| Remuneration, social security and pensions | 62 | €683,026 | €379,234 | -€303,791 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,317 | €44,183 | +€36,866 | +503.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €665,396 | €337,842 | -€327,554 | -49.2% |
| Operating profit (loss) | 9901 | -€25,334 | -€85,974 | -€60,641 | -239.4% |
| Financial income | 75/76B | €425 | €204 | -€221 | -52.0% |
| Recurring financial income | 75 | €425 | €204 | -€221 | -52.0% |
| Financial charges | 65/66B | €4,774 | €18,363 | +€13,589 | +284.7% |
| Recurring financial charges | 65 | €4,774 | €18,363 | +€13,589 | +284.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,683 | -€104,133 | -€74,450 | -250.8% |
| Income taxes | 67/77 | €186 | €30 | -€155 | -83.7% |
| Profit (loss) for the period | 9904 | -€29,869 | -€104,163 | -€74,295 | -248.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,869 | -€104,163 | -€74,295 | -248.7% |
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 9 October 2026 via checked.be.