Coudron Tim: 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.
Coudron Tim
Largest movements
- Receivables within one year +€51,624
up €51,624 (+325.9%), from €15,841 to €67,465
of which Other amounts receivable: +€59,306
- Stocks and contracts +€20,635
up €20,635 (+206.4%), from €9,996 to €30,631
- Cash +€17,934
up €17,934 (+271.2%), from €6,612 to €24,546
mainly Debts after one year (+€57,374) and Depreciation (+€31,315)
- Tangible fixed assets -€11,987
down €11,987 (-14.7%), from €81,423 to €69,436
of which Plant, machinery and equipment: -€16,966
- Debts after one year +€57,374
up €57,374 (+543.9%), from €10,548 to €67,922
- Other debts +€10,982
up €10,982 (+91.5%), from €12,005 to €22,987
- Trade debts +€9,716
up €9,716 (+62.6%), from €15,528 to €25,244
- Tax, wage and social debts -€2,534
down €2,534 (-64.7%), from €3,917 to €1,383
- Reserves +€2,117
up €2,117 (+4.8%), from €43,677 to €45,794
- Other operating charges +€3,310
up €3,310 (+281.0%), from €1,178 to €4,488
- Financial charges -€894
down €894 (-42.0%), from €2,127 to €1,233
- Depreciation +€488
up €488 (+1.6%), from €30,826 to €31,315
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 | €117,583 | €195,911 | +€78,328 | +66.6% |
| Fixed assets | 21/28 | €81,558 | €69,571 | -€11,987 | -14.7% |
| Tangible fixed assets | 22/27 | €81,423 | €69,436 | -€11,987 | -14.7% |
| Land and buildings | 22 | €24,942 | €21,110 | -€3,832 | -15.4% |
| Plant, machinery and equipment | 23 | €45,964 | €28,998 | -€16,966 | -36.9% |
| Furniture and vehicles | 24 | €10,518 | €0 | -€10,518 | -100.0% |
| Assets under construction and advance payments | 27 | - | €19,328 | +€19,328 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €36,025 | €126,341 | +€90,315 | +250.7% |
| Stocks and contracts in progress | 3 | €9,996 | €30,631 | +€20,635 | +206.4% |
| Stocks | 30/36 | €9,996 | €30,631 | +€20,635 | +206.4% |
| Amounts receivable within one year | 40/41 | €15,841 | €67,465 | +€51,624 | +325.9% |
| Trade receivables | 40 | €8,687 | €1,006 | -€7,681 | -88.4% |
| Other amounts receivable | 41 | €7,154 | €66,460 | +€59,306 | +829.0% |
| Cash at bank and in hand | 54/58 | €6,612 | €24,546 | +€17,934 | +271.2% |
| Deferred charges and accrued income | 490/1 | €3,577 | €3,698 | +€121 | +3.4% |
| Total equity and liabilities | 10/49 | €117,583 | €195,911 | +€78,328 | +66.6% |
| Equity | 10/15 | €60,949 | €63,066 | +€2,117 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,677 | €45,794 | +€2,117 | +4.8% |
| Distributable reserves | 133 | €43,677 | €45,794 | +€2,117 | +4.8% |
| Profit (loss) carried forward | 14 | €4,872 | €4,872 | = | 0.0% |
| Amounts payable | 17/49 | €56,634 | €132,845 | +€76,211 | +134.6% |
| Amounts payable after more than one year | 17 | €10,548 | €67,922 | +€57,374 | +543.9% |
| Financial debts | 170/4 | €10,548 | €67,922 | +€57,374 | +543.9% |
| Amounts payable within one year | 42/48 | €45,063 | €64,923 | +€19,860 | +44.1% |
| Current portion of amounts payable after more than one year | 42 | €13,613 | €15,309 | +€1,696 | +12.5% |
| Trade debts | 44 | €15,528 | €25,244 | +€9,716 | +62.6% |
| Suppliers | 440/4 | €15,528 | €25,244 | +€9,716 | +62.6% |
| Taxes, remuneration and social security | 45 | €3,917 | €1,383 | -€2,534 | -64.7% |
| Taxes | 450/3 | €3,917 | €1,383 | -€2,534 | -64.7% |
| Other amounts payable | 47/48 | €12,005 | €22,987 | +€10,982 | +91.5% |
| Accrued charges and deferred income | 492/3 | €1,022 | €0 | -€1,022 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,826 | €31,315 | +€488 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,178 | €4,488 | +€3,310 | +281.0% |
| Gross operating margin | 9900 | €39,562 | €39,773 | +€211 | +0.5% |
| Operating profit (loss) | 9901 | €7,557 | €3,970 | -€3,587 | -47.5% |
| Financial income | 75/76B | €291 | €174 | -€117 | -40.1% |
| Recurring financial income | 75 | €291 | €174 | -€117 | -40.1% |
| Financial charges | 65/66B | €2,127 | €1,233 | -€894 | -42.0% |
| Recurring financial charges | 65 | €2,127 | €1,233 | -€894 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €5,722 | €2,911 | -€2,811 | -49.1% |
| Income taxes | 67/77 | €1,060 | €794 | -€266 | -25.1% |
| Profit (loss) for the period | 9904 | €4,662 | €2,117 | -€2,545 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,662 | €2,117 | -€2,545 | -54.6% |
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.