COUCKE: what changed
Two fiscal 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.
COUCKE
Largest movements
- Receivables within one year -€96,371
down €96,371 (-83.2%), from €115,873 to €19,502
of which Other amounts receivable: -€50,489
- Cash -€3,408
down €3,408 (-40.1%), from €8,506 to €5,097
mainly Provisions (-€52,847) and Contributions, distributions and other (-€50,828)
- Provisions -€52,847
down €52,847 (-100.0%), from €52,847 to €0
- Reserves -€50,828
down €50,828 (-55.8%), from €91,051 to €40,224
- Other debts +€37,188
new in 2025: €37,188
- Trade debts -€18,282
down €18,282 (-64.3%), from €28,417 to €10,136
- Tax, wage and social debts -€9,413
down €9,413 (-81.5%), from €11,550 to €2,138
- Provisions -€50,030
down €50,030 (-1776.0%), from -€2,817 to -€52,847
- Gross operating margin -€36,684
down €36,684, from €23,100 to -€13,584
- Financial charges -€13,687
down €13,687 (-21.3%), from €64,236 to €50,549
- Other operating charges +€537
up €537 (+133.1%), from €403 to €941
- Depreciation -€493
down €493 (-40.9%), from €1,208 to €714
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 | €276,430 | €174,794 | -€101,636 | -36.8% |
| Fixed assets | 21/28 | €4,956 | €3,221 | -€1,736 | -35.0% |
| Tangible fixed assets | 22/27 | €4,956 | €3,221 | -€1,736 | -35.0% |
| Furniture and vehicles | 24 | €3,418 | €537 | -€2,881 | -84.3% |
| Other tangible fixed assets | 26 | €1,538 | €2,683 | +€1,145 | +74.5% |
| Current assets | 29/58 | €271,473 | €171,573 | -€99,900 | -36.8% |
| Amounts receivable after more than one year | 29 | €135,000 | €135,000 | = | 0.0% |
| Other amounts receivable | 291 | €135,000 | €135,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €11,901 | €11,901 | = | 0.0% |
| Stocks | 30/36 | €11,901 | €11,901 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €115,873 | €19,502 | -€96,371 | -83.2% |
| Trade receivables | 40 | €59,492 | €13,610 | -€45,882 | -77.1% |
| Other amounts receivable | 41 | €56,381 | €5,892 | -€50,489 | -89.5% |
| Cash at bank and in hand | 54/58 | €8,506 | €5,097 | -€3,408 | -40.1% |
| Deferred charges and accrued income | 490/1 | €194 | €73 | -€121 | -62.3% |
| Total equity and liabilities | 10/49 | €276,430 | €174,794 | -€101,636 | -36.8% |
| Equity | 10/15 | €180,273 | €125,333 | -€54,940 | -30.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €91,051 | €40,224 | -€50,828 | -55.8% |
| Distributable reserves | 133 | €91,051 | €40,224 | -€50,828 | -55.8% |
| Profit (loss) carried forward | 14 | €70,629 | €66,517 | -€4,112 | -5.8% |
| Provisions and deferred taxes | 16 | €52,847 | €0 | -€52,847 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €52,847 | €0 | -€52,847 | -100.0% |
| Other liabilities and charges | 164/5 | €52,847 | €0 | -€52,847 | -100.0% |
| Amounts payable | 17/49 | €43,310 | €49,461 | +€6,151 | +14.2% |
| Amounts payable within one year | 42/48 | €42,923 | €49,461 | +€6,539 | +15.2% |
| Financial debts | 43 | €2,955 | €0 | -€2,955 | -100.0% |
| Credit institutions | 430/8 | €2,955 | €0 | -€2,955 | -100.0% |
| Trade debts | 44 | €28,417 | €10,136 | -€18,282 | -64.3% |
| Suppliers | 440/4 | €28,417 | €10,136 | -€18,282 | -64.3% |
| Taxes, remuneration and social security | 45 | €11,550 | €2,138 | -€9,413 | -81.5% |
| Taxes | 450/3 | €11,550 | €2,138 | -€9,413 | -81.5% |
| Other amounts payable | 47/48 | - | €37,188 | +€37,188 | |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | €714 | -€493 | -40.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,817 | -€52,847 | -€50,030 | -1776.0% |
| Other operating charges | 640/8 | €403 | €941 | +€537 | +133.1% |
| Non-recurring operating charges | 66A | - | €1,538 | +€1,538 | |
| Gross operating margin | 9900 | €23,100 | -€13,584 | -€36,684 | |
| Operating profit (loss) | 9901 | €24,305 | €36,070 | +€11,764 | +48.4% |
| Financial income | 75/76B | €10,304 | €10,552 | +€248 | +2.4% |
| Recurring financial income | 75 | €10,304 | €7,052 | -€3,252 | -31.6% |
| Non-recurring financial income | 76B | - | €3,500 | +€3,500 | |
| Financial charges | 65/66B | €64,236 | €50,549 | -€13,687 | -21.3% |
| Recurring financial charges | 65 | €64,236 | €50,549 | -€13,687 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,627 | -€3,927 | +€25,699 | +86.7% |
| Income taxes | 67/77 | €283 | €185 | -€98 | -34.7% |
| Profit (loss) for the period | 9904 | -€29,910 | -€4,112 | +€25,797 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,910 | -€4,112 | +€25,797 | +86.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.