Coteau Medic: 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.
Coteau Medic
Largest movements
- Cash -€38,327
down €38,327 (-57.1%), from €67,106 to €28,779
mainly Net result for the year (-€37,043) and Debts after one year (-€28,249)
- Receivables within one year -€19,689
down €19,689 (-21.3%), from €92,349 to €72,659
- Tangible fixed assets -€17,446
down €17,446 (-8.6%), from €203,739 to €186,293
of which Land and buildings: -€14,700
- Provisions +€40,190
new in 2024: €40,190
- Profit (loss) carried forward -€37,043
down €37,043, from €33,279 to -€3,764
- Debts after one year -€28,249
down €28,249 (-22.6%), from €124,901 to €96,652
- Reserves -€21,639
down €21,639 (-24.8%), from €87,113 to €65,474
of which Distributable reserves: -€21,639
- Other debts -€15,579
down €15,579 (-41.9%), from €37,218 to €21,639
- Provisions +€40,190
new in 2024: €40,190
- Gross operating margin +€9,997
up €9,997 (+35.9%), from €27,839 to €37,835
- Taxes +€2,643
up €2,643 (+253%), from €1,043 to €3,686
- Financial charges +€457
up €457 (+11.6%), from €3,933 to €4,390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €368,039 | €291,607 | -€76,432 | -20.8% |
| Fixed assets | 21/28 | €203,739 | €186,293 | -€17,446 | -8.6% |
| Tangible fixed assets | 22/27 | €203,739 | €186,293 | -€17,446 | -8.6% |
| Land and buildings | 22 | €161,700 | €147,000 | -€14,700 | -9.1% |
| Furniture and vehicles | 24 | €4,082 | €7,722 | +€3,641 | +89.2% |
| Other tangible fixed assets | 26 | €37,957 | €31,571 | -€6,387 | -16.8% |
| Current assets | 29/58 | €164,300 | €105,314 | -€58,986 | -35.9% |
| Amounts receivable within one year | 40/41 | €92,349 | €72,659 | -€19,689 | -21.3% |
| Other amounts receivable | 41 | €92,349 | €72,659 | -€19,689 | -21.3% |
| Cash at bank and in hand | 54/58 | €67,106 | €28,779 | -€38,327 | -57.1% |
| Deferred charges and accrued income | 490/1 | €4,845 | €3,876 | -€969 | -20.0% |
| Total equity and liabilities | 10/49 | €368,039 | €291,607 | -€76,432 | -20.8% |
| Equity | 10/15 | €126,592 | €67,910 | -€58,682 | -46.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,113 | €65,474 | -€21,639 | -24.8% |
| 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 | €85,253 | €63,614 | -€21,639 | -25.4% |
| Profit (loss) carried forward | 14 | €33,279 | -€3,764 | -€37,043 | |
| Provisions and deferred taxes | 16 | - | €40,190 | +€40,190 | |
| Provisions for liabilities and charges | 160/5 | - | €40,190 | +€40,190 | |
| Other liabilities and charges | 164/5 | - | €40,190 | +€40,190 | |
| Amounts payable | 17/49 | €241,447 | €183,508 | -€57,939 | -24.0% |
| Amounts payable after more than one year | 17 | €124,901 | €96,652 | -€28,249 | -22.6% |
| Financial debts | 170/4 | €124,901 | €96,652 | -€28,249 | -22.6% |
| Amounts payable within one year | 42/48 | €116,534 | €86,856 | -€29,677 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €27,706 | €28,249 | +€543 | +2.0% |
| Trade debts | 44 | €6,665 | €439 | -€6,227 | -93.4% |
| Suppliers | 440/4 | €6,665 | €439 | -€6,227 | -93.4% |
| Taxes, remuneration and social security | 45 | €44,945 | €36,529 | -€8,416 | -18.7% |
| Taxes | 450/3 | €42,545 | €34,629 | -€7,916 | -18.6% |
| Remuneration and social security | 454/9 | €2,400 | €1,900 | -€500 | -20.8% |
| Other amounts payable | 47/48 | €37,218 | €21,639 | -€15,579 | -41.9% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,632 | €22,782 | +€150 | +0.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €40,190 | +€40,190 | |
| Other operating charges | 640/8 | €3,637 | €3,830 | +€193 | +5.3% |
| Gross operating margin | 9900 | €27,839 | €37,835 | +€9,997 | +35.9% |
| Operating profit (loss) | 9901 | €1,569 | -€28,966 | -€30,536 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,933 | €4,390 | +€457 | +11.6% |
| Recurring financial charges | 65 | €3,933 | €4,390 | +€457 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,363 | -€33,356 | -€30,993 | -1,311% |
| Income taxes | 67/77 | €1,043 | €3,686 | +€2,643 | +253% |
| Profit (loss) for the period | 9904 | -€3,406 | -€37,043 | -€33,636 | -987% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,406 | -€37,043 | -€33,636 | -987% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.