COUCQUYT PETER: 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.
COUCQUYT PETER
Largest movements
- Receivables within one year -€33,314
down €33,314 (-27.9%), from €119,500 to €86,186
of which Trade receivables: -€35,775
- Tangible fixed assets -€11,989
down €11,989 (-24.9%), from €48,119 to €36,130
of which Leasing and similar rights: -€9,138
- Cash -€2,593
down €2,593 (-28.3%), from €9,164 to €6,570
mainly Net result for the year (-€56,291) and Other debts (-€4,418)
- Profit (loss) carried forward -€33,105
down €33,105, from €0 to -€33,105
- Reserves -€23,186
down €23,186 (-19.2%), from €120,931 to €97,745
- Tax, wage and social debts +€10,895
up €10,895 (+269%), from €4,053 to €14,948
of which Taxes: +€5,912
- Other debts -€4,418
down €4,418 (-74.7%), from €5,915 to €1,498
- Trade debts +€3,705
up €3,705 (+119%), from €3,123 to €6,829
- Other operating charges +€80,919
up €80,919 (+5,493%), from €1,473 to €82,392
- Gross operating margin +€6,844
up €6,844 (+20.6%), from €33,174 to €40,018
- Taxes -€3,978
down €3,978 (-96.5%), from €4,121 to €143
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 | €177,426 | €129,731 | -€47,694 | -26.9% |
| Fixed assets | 21/28 | €48,119 | €36,130 | -€11,989 | -24.9% |
| Tangible fixed assets | 22/27 | €48,119 | €36,130 | -€11,989 | -24.9% |
| Land and buildings | 22 | €19,197 | €16,616 | -€2,581 | -13.4% |
| Plant, machinery and equipment | 23 | €350 | €232 | -€118 | -33.7% |
| Furniture and vehicles | 24 | €433 | €281 | -€152 | -35.1% |
| Leasing and similar rights | 25 | €28,139 | €19,001 | -€9,138 | -32.5% |
| Current assets | 29/58 | €129,307 | €93,601 | -€35,705 | -27.6% |
| Amounts receivable within one year | 40/41 | €119,500 | €86,186 | -€33,314 | -27.9% |
| Trade receivables | 40 | €97,335 | €61,560 | -€35,775 | -36.8% |
| Other amounts receivable | 41 | €22,165 | €24,626 | +€2,461 | +11.1% |
| Cash at bank and in hand | 54/58 | €9,164 | €6,570 | -€2,593 | -28.3% |
| Deferred charges and accrued income | 490/1 | €643 | €845 | +€202 | +31.4% |
| Total equity and liabilities | 10/49 | €177,426 | €129,731 | -€47,694 | -26.9% |
| Equity | 10/15 | €127,131 | €70,840 | -€56,291 | -44.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,931 | €97,745 | -€23,186 | -19.2% |
| Distributable reserves | 133 | €120,931 | €97,745 | -€23,186 | -19.2% |
| Profit (loss) carried forward | 14 | €0 | -€33,105 | -€33,105 | |
| Amounts payable | 17/49 | €50,294 | €58,891 | +€8,597 | +17.1% |
| Amounts payable after more than one year | 17 | €23,485 | €21,531 | -€1,954 | -8.3% |
| Financial debts | 170/4 | €23,485 | €21,531 | -€1,954 | -8.3% |
| Amounts payable within one year | 42/48 | €26,405 | €36,911 | +€10,506 | +39.8% |
| Current portion of amounts payable after more than one year | 42 | €11,623 | €11,954 | +€331 | +2.8% |
| Financial debts | 43 | €1,690 | €1,682 | -€8 | -0.5% |
| Credit institutions | 430/8 | €1,690 | €1,682 | -€8 | -0.5% |
| Trade debts | 44 | €3,123 | €6,829 | +€3,705 | +119% |
| Suppliers | 440/4 | €3,123 | €6,829 | +€3,705 | +119% |
| Taxes, remuneration and social security | 45 | €4,053 | €14,948 | +€10,895 | +269% |
| Taxes | 450/3 | €4,053 | €9,965 | +€5,912 | +146% |
| Remuneration and social security | 454/9 | - | €4,983 | +€4,983 | |
| Other amounts payable | 47/48 | €5,915 | €1,498 | -€4,418 | -74.7% |
| Accrued charges and deferred income | 492/3 | €404 | €449 | +€45 | +11.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,377 | €11,989 | -€388 | -3.1% |
| Other operating charges | 640/8 | €1,473 | €82,392 | +€80,919 | +5,493% |
| Gross operating margin | 9900 | €33,174 | €40,018 | +€6,844 | +20.6% |
| Operating profit (loss) | 9901 | €19,325 | -€54,362 | -€73,687 | |
| Financial income | 75/76B | €24 | €4 | -€20 | -84.7% |
| Recurring financial income | 75 | €24 | €4 | -€20 | -84.7% |
| Financial charges | 65/66B | €1,811 | €1,789 | -€22 | -1.2% |
| Recurring financial charges | 65 | €1,811 | €1,789 | -€22 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €17,538 | -€56,147 | -€73,685 | |
| Income taxes | 67/77 | €4,121 | €143 | -€3,978 | -96.5% |
| Profit (loss) for the period | 9904 | €13,417 | -€56,291 | -€69,708 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,417 | -€56,291 | -€69,708 |
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 14 October 2026 via checked.be.