COUBRU: 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.
COUBRU
Largest movements
- Tangible fixed assets +€52,703
up €52,703 (+143.5%), from €36,717 to €89,421
of which Furniture and vehicles: +€54,172
- Other debts +€72,015
up €72,015 (+295.3%), from €24,391 to €96,405
- Debts after one year -€34,551
down €34,551 (-6.4%), from €541,471 to €506,921
of which Financial debts: -€34,551
- Profit (loss) carried forward +€21,240
up €21,240 (+16.1%), from €132,223 to €153,463
- Depreciation +€3,167
up €3,167 (+75.2%), from €4,213 to €7,381
- Taxes -€1,029
down €1,029 (-4.1%), from €25,387 to €24,357
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 | €756,628 | €811,511 | +€54,883 | +7.3% |
| Fixed assets | 21/28 | €720,067 | €772,771 | +€52,703 | +7.3% |
| Tangible fixed assets | 22/27 | €36,717 | €89,421 | +€52,703 | +143.5% |
| Land and buildings | 22 | €13,030 | €11,561 | -€1,469 | -11.3% |
| Furniture and vehicles | 24 | €23,688 | €77,860 | +€54,172 | +228.7% |
| Financial fixed assets | 28 | €683,350 | €683,350 | = | 0.0% |
| Current assets | 29/58 | €36,561 | €38,741 | +€2,180 | +6.0% |
| Amounts receivable within one year | 40/41 | €16,656 | €16,975 | +€319 | +1.9% |
| Trade receivables | 40 | €16,505 | €16,896 | +€390 | +2.4% |
| Other amounts receivable | 41 | €151 | €79 | -€71 | -47.2% |
| Cash at bank and in hand | 54/58 | €19,905 | €20,312 | +€407 | +2.0% |
| Deferred charges and accrued income | 490/1 | - | €1,454 | +€1,454 | |
| Total equity and liabilities | 10/49 | €756,628 | €811,511 | +€54,883 | +7.3% |
| Equity | 10/15 | €137,223 | €158,463 | +€21,240 | +15.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,223 | €153,463 | +€21,240 | +16.1% |
| Amounts payable | 17/49 | €619,405 | €653,049 | +€33,643 | +5.4% |
| Amounts payable after more than one year | 17 | €541,471 | €506,921 | -€34,551 | -6.4% |
| Financial debts | 170/4 | €341,471 | €306,921 | -€34,551 | -10.1% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,974 | €146,128 | +€69,154 | +89.8% |
| Current portion of amounts payable after more than one year | 42 | €34,303 | €34,551 | +€248 | +0.7% |
| Financial debts | 43 | €1,925 | €1,086 | -€839 | -43.6% |
| Credit institutions | 430/8 | €1,925 | €1,086 | -€839 | -43.6% |
| Trade debts | 44 | €2,120 | €6,120 | +€4,001 | +188.7% |
| Suppliers | 440/4 | €2,120 | €6,120 | +€4,001 | +188.7% |
| Taxes, remuneration and social security | 45 | €14,236 | €7,965 | -€6,270 | -44.0% |
| Taxes | 450/3 | €14,236 | €7,965 | -€6,270 | -44.0% |
| Other amounts payable | 47/48 | €24,391 | €96,405 | +€72,015 | +295.3% |
| Accrued charges and deferred income | 492/3 | €960 | €0 | -€960 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,213 | €7,381 | +€3,167 | +75.2% |
| Other operating charges | 640/8 | €1,632 | €1,757 | +€125 | +7.6% |
| Gross operating margin | 9900 | €89,146 | €89,502 | +€356 | +0.4% |
| Operating profit (loss) | 9901 | €83,301 | €80,365 | -€2,936 | -3.5% |
| Financial income | 75/76B | €4,168 | €4,168 | -€0 | 0.0% |
| Recurring financial income | 75 | €4,168 | €4,168 | -€0 | 0.0% |
| Financial charges | 65/66B | €3,604 | €3,935 | +€331 | +9.2% |
| Recurring financial charges | 65 | €3,604 | €3,935 | +€331 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €83,865 | €80,597 | -€3,267 | -3.9% |
| Income taxes | 67/77 | €25,387 | €24,357 | -€1,029 | -4.1% |
| Profit (loss) for the period | 9904 | €58,478 | €56,240 | -€2,238 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,478 | €56,240 | -€2,238 | -3.8% |
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 12 October 2026 via checked.be.