Coquine: 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.
Coquine
Largest movements
- Cash -€12,058
down €12,058 (-73.7%), from €16,355 to €4,297
mainly Debts after one year (-€58,155) and Receivables within one year (-€2,632)
- Tangible fixed assets -€11,870
down €11,870 (-5.3%), from €222,355 to €210,486
of which Land and buildings: -€6,666
- Receivables within one year +€2,632
up €2,632 (+44.1%), from €5,968 to €8,600
of which Trade receivables: +€4,722
- Debts after one year -€58,155
down €58,155 (-36.1%), from €161,287 to €103,131
of which Other amounts payable: -€41,000
- Other debts +€33,225
up €33,225 (+124%), from €26,794 to €60,018
- Reserves +€3,265
up €3,265 (+16.3%), from €20,066 to €23,331
- Financial income -€3,336
no longer reported in 2025 (was €3,336)
of which Non-recurring financial income: -€3,335
- Depreciation +€2,368
up €2,368 (+21.9%), from €10,815 to €13,183
- Taxes -€1,787
down €1,787 (-54.5%), from €3,282 to €1,494
- Gross operating margin -€1,158
down €1,158 (-5.0%), from €23,320 to €22,162
- Financial charges -€258
down €258 (-6.9%), from €3,716 to €3,458
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 | €246,448 | €226,079 | -€20,370 | -8.3% |
| Fixed assets | 21/28 | €222,355 | €210,486 | -€11,870 | -5.3% |
| Tangible fixed assets | 22/27 | €222,355 | €210,486 | -€11,870 | -5.3% |
| Land and buildings | 22 | €195,636 | €188,971 | -€6,666 | -3.4% |
| Plant, machinery and equipment | 23 | €3,321 | €2,557 | -€764 | -23.0% |
| Furniture and vehicles | 24 | €21,557 | €16,347 | -€5,210 | -24.2% |
| Other tangible fixed assets | 26 | €1,841 | €2,612 | +€770 | +41.8% |
| Current assets | 29/58 | €24,093 | €15,593 | -€8,500 | -35.3% |
| Stocks and contracts in progress | 3 | €997 | €1,361 | +€364 | +36.5% |
| Stocks | 30/36 | €997 | €1,361 | +€364 | +36.5% |
| Amounts receivable within one year | 40/41 | €5,968 | €8,600 | +€2,632 | +44.1% |
| Trade receivables | 40 | €1,928 | €6,650 | +€4,722 | +245% |
| Other amounts receivable | 41 | €4,039 | €1,950 | -€2,089 | -51.7% |
| Cash at bank and in hand | 54/58 | €16,355 | €4,297 | -€12,058 | -73.7% |
| Deferred charges and accrued income | 490/1 | €774 | €1,335 | +€561 | +72.5% |
| Total equity and liabilities | 10/49 | €246,448 | €226,079 | -€20,370 | -8.3% |
| Equity | 10/15 | €38,666 | €41,931 | +€3,265 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,066 | €23,331 | +€3,265 | +16.3% |
| Distributable reserves | 133 | €20,066 | €23,331 | +€3,265 | +16.3% |
| Amounts payable | 17/49 | €207,782 | €184,148 | -€23,635 | -11.4% |
| Amounts payable after more than one year | 17 | €161,287 | €103,131 | -€58,155 | -36.1% |
| Financial debts | 170/4 | €115,787 | €98,631 | -€17,155 | -14.8% |
| Other amounts payable | 178/9 | €45,500 | €4,500 | -€41,000 | -90.1% |
| Amounts payable within one year | 42/48 | €46,496 | €81,016 | +€34,521 | +74.2% |
| Current portion of amounts payable after more than one year | 42 | €16,705 | €17,155 | +€451 | +2.7% |
| Trade debts | 44 | €957 | €1,820 | +€863 | +90.2% |
| Suppliers | 440/4 | €957 | €1,820 | +€863 | +90.2% |
| Taxes, remuneration and social security | 45 | €2,041 | €2,023 | -€17 | -0.8% |
| Taxes | 450/3 | €2,041 | €698 | -€1,342 | -65.8% |
| Remuneration and social security | 454/9 | - | €1,325 | +€1,325 | |
| Other amounts payable | 47/48 | €26,794 | €60,018 | +€33,225 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,815 | €13,183 | +€2,368 | +21.9% |
| Other operating charges | 640/8 | €562 | €762 | +€200 | +35.6% |
| Gross operating margin | 9900 | €23,320 | €22,162 | -€1,158 | -5.0% |
| Operating profit (loss) | 9901 | €11,943 | €8,217 | -€3,726 | -31.2% |
| Financial income | 75/76B | €3,336 | - | -€3,336 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €3,335 | - | -€3,335 | |
| Financial charges | 65/66B | €3,716 | €3,458 | -€258 | -6.9% |
| Recurring financial charges | 65 | €3,716 | €3,458 | -€258 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €11,564 | €4,760 | -€6,805 | -58.8% |
| Income taxes | 67/77 | €3,282 | €1,494 | -€1,787 | -54.5% |
| Profit (loss) for the period | 9904 | €8,283 | €3,265 | -€5,018 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,283 | €3,265 | -€5,018 | -60.6% |
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 29 October 2026 via checked.be.