COOREMANS H: 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.
COOREMANS H
Largest movements
- Tangible fixed assets -€99,374
down €99,374 (-13.2%), from €751,445 to €652,071
of which Land and buildings: -€82,298
- Receivables within one year -€34,275
down €34,275 (-55.7%), from €61,542 to €27,267
- Debts after one year -€55,239
down €55,239 (-24.6%), from €224,843 to €169,604
of which Financial debts: -€57,239
- Other debts -€52,340
down €52,340 (-67.6%), from €77,418 to €25,078
- Current portion of long-term debt -€34,371
down €34,371 (-36.5%), from €94,244 to €59,872
- Reserves +€29,571
up €29,571 (+12.3%), from €241,045 to €270,616
of which Distributable reserves: +€29,571
- Trade debts -€16,369
down €16,369 (-12.0%), from €136,560 to €120,192
- Gross operating margin -€50,653
down €50,653 (-17.5%), from €289,618 to €238,965
- Write-downs -€27,200
no longer reported in 2025 (was €27,200)
- Depreciation +€21,071
up €21,071 (+26.9%), from €78,303 to €99,374
- Taxes -€12,870
down €12,870 (-47.7%), from €26,979 to €14,109
- Staff costs +€5,578
up €5,578 (+7.8%), from €71,433 to €77,011
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 | €830,288 | €700,992 | -€129,296 | -15.6% |
| Fixed assets | 21/28 | €751,445 | €652,071 | -€99,374 | -13.2% |
| Tangible fixed assets | 22/27 | €751,445 | €652,071 | -€99,374 | -13.2% |
| Land and buildings | 22 | €677,434 | €595,136 | -€82,298 | -12.1% |
| Plant, machinery and equipment | 23 | €25,854 | €12,857 | -€12,997 | -50.3% |
| Furniture and vehicles | 24 | €16,357 | €12,277 | -€4,079 | -24.9% |
| Other tangible fixed assets | 26 | €31,800 | €31,800 | = | 0.0% |
| Current assets | 29/58 | €78,843 | €48,921 | -€29,922 | -38.0% |
| Stocks and contracts in progress | 3 | €4,974 | €5,864 | +€890 | +17.9% |
| Stocks | 30/36 | €4,974 | €5,864 | +€890 | +17.9% |
| Amounts receivable within one year | 40/41 | €61,542 | €27,267 | -€34,275 | -55.7% |
| Trade receivables | 40 | €61,542 | €27,267 | -€34,275 | -55.7% |
| Cash at bank and in hand | 54/58 | €5,648 | €13,209 | +€7,561 | +134% |
| Deferred charges and accrued income | 490/1 | €6,679 | €2,580 | -€4,098 | -61.4% |
| Total equity and liabilities | 10/49 | €830,288 | €700,992 | -€129,296 | -15.6% |
| Equity | 10/15 | €253,445 | €283,016 | +€29,571 | +11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €241,045 | €270,616 | +€29,571 | +12.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €239,185 | €268,756 | +€29,571 | +12.4% |
| Amounts payable | 17/49 | €576,843 | €417,976 | -€158,868 | -27.5% |
| Amounts payable after more than one year | 17 | €224,843 | €169,604 | -€55,239 | -24.6% |
| Financial debts | 170/4 | €224,443 | €167,204 | -€57,239 | -25.5% |
| Other amounts payable | 178/9 | €400 | €2,400 | +€2,000 | +500% |
| Amounts payable within one year | 42/48 | €352,001 | €247,772 | -€104,229 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €94,244 | €59,872 | -€34,371 | -36.5% |
| Financial debts | 43 | €95 | €1,868 | +€1,773 | +1,860% |
| Credit institutions | 430/8 | €95 | €1,868 | +€1,773 | +1,860% |
| Trade debts | 44 | €136,560 | €120,192 | -€16,369 | -12.0% |
| Suppliers | 440/4 | €136,560 | €120,192 | -€16,369 | -12.0% |
| Taxes, remuneration and social security | 45 | €43,684 | €40,762 | -€2,922 | -6.7% |
| Taxes | 450/3 | €30,614 | €31,239 | +€626 | +2.0% |
| Remuneration and social security | 454/9 | €13,070 | €9,522 | -€3,548 | -27.1% |
| Other amounts payable | 47/48 | €77,418 | €25,078 | -€52,340 | -67.6% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €71,433 | €77,011 | +€5,578 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,303 | €99,374 | +€21,071 | +26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,200 | - | -€27,200 | |
| Other operating charges | 640/8 | €7,032 | €6,660 | -€372 | -5.3% |
| Gross operating margin | 9900 | €289,618 | €238,965 | -€50,653 | -17.5% |
| Operating profit (loss) | 9901 | €105,650 | €55,920 | -€49,730 | -47.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12,462 | €12,240 | -€222 | -1.8% |
| Recurring financial charges | 65 | €12,462 | €12,240 | -€222 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €93,188 | €43,680 | -€49,508 | -53.1% |
| Income taxes | 67/77 | €26,979 | €14,109 | -€12,870 | -47.7% |
| Profit (loss) for the period | 9904 | €66,209 | €29,571 | -€36,638 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,209 | €29,571 | -€36,638 | -55.3% |
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 20 October 2026 via checked.be.