COQUELICOT ZEN: 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.
COQUELICOT ZEN
Largest movements
- Cash +€8,356
up €8,356 (+22.1%), from €37,746 to €46,102
mainly Net result for the year (+€8,315) and Tax, wage and social debts (+€831)
- Tangible fixed assets +€514
up €514 (+39.6%), from €1,299 to €1,813
- Reserves +€5,800
up €5,800 (+35.0%), from €16,559 to €22,359
- Profit (loss) carried forward +€2,515
up €2,515, from -€2,438 to €77
- Tax, wage and social debts +€831
up €831 (+90.4%), from €920 to €1,750
- Gross operating margin -€8,992
down €8,992 (-44.3%), from €20,283 to €11,292
- Taxes +€1,263
new in 2025: €1,263
- Staff costs -€1,226
no longer reported in 2025 (was €1,226)
- Financial charges -€1,134
down €1,134 (-77.8%), from €1,459 to €325
of which Non-recurring financial charges: -€1,266
- Other operating charges +€462
up €462 (+86.9%), from €532 to €995
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 | €39,847 | €48,898 | +€9,051 | +22.7% |
| Fixed assets | 21/28 | €1,477 | €1,990 | +€514 | +34.8% |
| Tangible fixed assets | 22/27 | €1,299 | €1,813 | +€514 | +39.6% |
| Plant, machinery and equipment | 23 | €1,299 | €1,813 | +€514 | +39.6% |
| Financial fixed assets | 28 | €178 | €178 | = | 0.0% |
| Current assets | 29/58 | €38,370 | €46,908 | +€8,538 | +22.3% |
| Cash at bank and in hand | 54/58 | €37,746 | €46,102 | +€8,356 | +22.1% |
| Deferred charges and accrued income | 490/1 | €624 | €805 | +€181 | +29.0% |
| Total equity and liabilities | 10/49 | €39,847 | €48,898 | +€9,051 | +22.7% |
| Equity | 10/15 | €34,581 | €42,896 | +€8,315 | +24.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €16,559 | €22,359 | +€5,800 | +35.0% |
| Distributable reserves | 133 | €16,559 | €22,359 | +€5,800 | +35.0% |
| Profit (loss) carried forward | 14 | -€2,438 | €77 | +€2,515 | |
| Amounts payable | 17/49 | €5,266 | €6,003 | +€737 | +14.0% |
| Amounts payable within one year | 42/48 | €5,266 | €6,003 | +€737 | +14.0% |
| Trade debts | 44 | €476 | €382 | -€94 | -19.8% |
| Suppliers | 440/4 | €476 | €382 | -€94 | -19.8% |
| Taxes, remuneration and social security | 45 | €920 | €1,750 | +€831 | +90.4% |
| Taxes | 450/3 | €920 | €1,750 | +€831 | +90.4% |
| Other amounts payable | 47/48 | €3,870 | €3,870 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,532 | +€3,532 | |
| Remuneration, social security and pensions | 62 | €1,226 | - | -€1,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147 | €395 | +€248 | +169% |
| Other operating charges | 640/8 | €532 | €995 | +€462 | +86.9% |
| Gross operating margin | 9900 | €20,283 | €11,292 | -€8,992 | -44.3% |
| Operating profit (loss) | 9901 | €18,378 | €9,902 | -€8,475 | -46.1% |
| Financial charges | 65/66B | €1,459 | €325 | -€1,134 | -77.8% |
| Recurring financial charges | 65 | €193 | €325 | +€132 | +68.2% |
| Non-recurring financial charges | 66B | €1,266 | - | -€1,266 | |
| Profit (loss) for the period before taxes | 9903 | €16,919 | €9,578 | -€7,341 | -43.4% |
| Income taxes | 67/77 | - | €1,263 | +€1,263 | |
| Profit (loss) for the period | 9904 | €16,919 | €8,315 | -€8,604 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,919 | €8,315 | -€8,604 | -50.9% |
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.