COUCLET ISO CONSTRUCT: 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.
COUCLET ISO CONSTRUCT
Largest movements
- Cash +€66,970
up €66,970 (+43.7%), from €153,161 to €220,132
mainly Depreciation (+€72,356) and Net result for the year (+€62,867)
- Receivables within one year -€16,742
down €16,742 (-64.7%), from €25,891 to €9,149
- Tangible fixed assets -€13,201
down €13,201 (-3.0%), from €446,921 to €433,720
of which Plant, machinery and equipment: -€24,955
- Stocks and contracts -€12,339
down €12,339 (-22.9%), from €53,902 to €41,563
- Debts after one year -€47,207
down €47,207 (-21.2%), from €222,447 to €175,240
- Contributions +€32,880
up €32,880 (+128.5%), from €25,580 to €58,460
- Reserves +€29,120
up €29,120 (+31.4%), from €92,880 to €122,000
- Tax, wage and social debts +€25,544
up €25,544 (+254.7%), from €10,028 to €35,573
of which Taxes: +€27,537
- Current portion of long-term debt -€17,137
down €17,137 (-18.6%), from €91,995 to €74,858
- Depreciation -€5,726
down €5,726 (-7.3%), from €78,082 to €72,356
- Gross operating margin -€4,394
down €4,394 (-2.7%), from €159,920 to €155,525
- Financial charges -€2,494
down €2,494 (-19.2%), from €12,985 to €10,491
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 | €681,635 | €705,387 | +€23,752 | +3.5% |
| Fixed assets | 21/28 | €447,071 | €433,870 | -€13,201 | -3.0% |
| Tangible fixed assets | 22/27 | €446,921 | €433,720 | -€13,201 | -3.0% |
| Land and buildings | 22 | €281,667 | €274,186 | -€7,481 | -2.7% |
| Plant, machinery and equipment | 23 | €94,737 | €69,781 | -€24,955 | -26.3% |
| Furniture and vehicles | 24 | €70,517 | €58,626 | -€11,891 | -16.9% |
| Leasing and similar rights | 25 | - | €31,127 | +€31,127 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €234,564 | €271,516 | +€36,953 | +15.8% |
| Stocks and contracts in progress | 3 | €53,902 | €41,563 | -€12,339 | -22.9% |
| Stocks | 30/36 | €53,902 | €41,563 | -€12,339 | -22.9% |
| Amounts receivable within one year | 40/41 | €25,891 | €9,149 | -€16,742 | -64.7% |
| Trade receivables | 40 | €25,891 | €9,149 | -€16,742 | -64.7% |
| Cash at bank and in hand | 54/58 | €153,161 | €220,132 | +€66,970 | +43.7% |
| Deferred charges and accrued income | 490/1 | €1,609 | €672 | -€937 | -58.2% |
| Total equity and liabilities | 10/49 | €681,635 | €705,387 | +€23,752 | +3.5% |
| Equity | 10/15 | €245,716 | €308,583 | +€62,867 | +25.6% |
| Contributions | 10/11 | €25,580 | €58,460 | +€32,880 | +128.5% |
| Reserves | 13 | €92,880 | €122,000 | +€29,120 | +31.4% |
| Distributable reserves | 133 | €92,880 | €122,000 | +€29,120 | +31.4% |
| Profit (loss) carried forward | 14 | €127,256 | €128,123 | +€867 | +0.7% |
| Amounts payable | 17/49 | €435,919 | €396,804 | -€39,115 | -9.0% |
| Amounts payable after more than one year | 17 | €222,447 | €175,240 | -€47,207 | -21.2% |
| Financial debts | 170/4 | €222,447 | €175,240 | -€47,207 | -21.2% |
| Amounts payable within one year | 42/48 | €213,458 | €221,563 | +€8,105 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €91,995 | €74,858 | -€17,137 | -18.6% |
| Trade debts | 44 | €4,467 | €2,474 | -€1,994 | -44.6% |
| Suppliers | 440/4 | €4,467 | €2,474 | -€1,994 | -44.6% |
| Taxes, remuneration and social security | 45 | €10,028 | €35,573 | +€25,544 | +254.7% |
| Taxes | 450/3 | €8,036 | €35,573 | +€27,537 | +342.7% |
| Remuneration and social security | 454/9 | €1,992 | - | -€1,992 | |
| Other amounts payable | 47/48 | €106,967 | €108,659 | +€1,692 | +1.6% |
| Accrued charges and deferred income | 492/3 | €14 | - | -€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,082 | €72,356 | -€5,726 | -7.3% |
| Other operating charges | 640/8 | €2,830 | €4,150 | +€1,320 | +46.6% |
| Gross operating margin | 9900 | €159,920 | €155,525 | -€4,394 | -2.7% |
| Operating profit (loss) | 9901 | €79,008 | €79,020 | +€11 | 0.0% |
| Financial income | 75/76B | €381 | €539 | +€157 | +41.2% |
| Recurring financial income | 75 | €381 | €539 | +€157 | +41.2% |
| Financial charges | 65/66B | €12,985 | €10,491 | -€2,494 | -19.2% |
| Recurring financial charges | 65 | €12,985 | €10,491 | -€2,494 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €66,405 | €69,067 | +€2,662 | +4.0% |
| Income taxes | 67/77 | €6,000 | €6,200 | +€200 | +3.3% |
| Profit (loss) for the period | 9904 | €60,405 | €62,867 | +€2,462 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,405 | €62,867 | +€2,462 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.