COULON: 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.
COULON
Largest movements
- Tangible fixed assets +€17,962
up €17,962 (+382.8%), from €4,693 to €22,655
of which Furniture and vehicles: +€17,962
- Cash -€8,759
down €8,759 (-20.9%), from €41,839 to €33,080
mainly Investment in fixed assets (net) (-€23,172) and Tax, wage and social debts (-€2,617)
- Stocks and contracts -€5,706
down €5,706 (-41.0%), from €13,929 to €8,223
- Receivables within one year +€1,869
up €1,869 (+39.5%), from €4,738 to €6,607
of which Trade receivables: +€1,990
- Other debts +€7,943
up €7,943 (+493.1%), from €1,611 to €9,553
- Tax, wage and social debts -€2,617
down €2,617 (-79.7%), from €3,283 to €667
- Reserves +€2,400
up €2,400 (+6.1%), from €39,470 to €41,870
- Profit (loss) carried forward -€1,326
down €1,326 (-98.8%), from €1,342 to €16
- Trade debts -€1,034
down €1,034 (-98.5%), from €1,050 to €16
- Financial charges -€1,032
down €1,032 (-83.6%), from €1,234 to €202
- Depreciation -€1,016
down €1,016 (-16.3%), from €6,226 to €5,210
- Other operating charges +€408
up €408 (+48.9%), from €833 to €1,241
- Taxes +€223
up €223 (+38.4%), from €580 to €803
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 | €65,356 | €70,721 | +€5,365 | +8.2% |
| Fixed assets | 21/28 | €4,693 | €22,655 | +€17,962 | +382.8% |
| Tangible fixed assets | 22/27 | €4,693 | €22,655 | +€17,962 | +382.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €4,693 | €22,655 | +€17,962 | +382.8% |
| Current assets | 29/58 | €60,663 | €48,066 | -€12,597 | -20.8% |
| Stocks and contracts in progress | 3 | €13,929 | €8,223 | -€5,706 | -41.0% |
| Stocks | 30/36 | €13,929 | €8,223 | -€5,706 | -41.0% |
| Amounts receivable within one year | 40/41 | €4,738 | €6,607 | +€1,869 | +39.5% |
| Trade receivables | 40 | - | €1,990 | +€1,990 | |
| Other amounts receivable | 41 | €4,738 | €4,617 | -€121 | -2.5% |
| Cash at bank and in hand | 54/58 | €41,839 | €33,080 | -€8,759 | -20.9% |
| Deferred charges and accrued income | 490/1 | €157 | €156 | -€1 | -0.7% |
| Total equity and liabilities | 10/49 | €65,356 | €70,721 | +€5,365 | +8.2% |
| Equity | 10/15 | €59,412 | €60,486 | +€1,074 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,470 | €41,870 | +€2,400 | +6.1% |
| Distributable reserves | 133 | €39,470 | €41,870 | +€2,400 | +6.1% |
| Profit (loss) carried forward | 14 | €1,342 | €16 | -€1,326 | -98.8% |
| Amounts payable | 17/49 | €5,944 | €10,236 | +€4,291 | +72.2% |
| Amounts payable within one year | 42/48 | €5,944 | €10,236 | +€4,291 | +72.2% |
| Trade debts | 44 | €1,050 | €16 | -€1,034 | -98.5% |
| Suppliers | 440/4 | €1,050 | €16 | -€1,034 | -98.5% |
| Taxes, remuneration and social security | 45 | €3,283 | €667 | -€2,617 | -79.7% |
| Taxes | 450/3 | €3,283 | €667 | -€2,617 | -79.7% |
| Other amounts payable | 47/48 | €1,611 | €9,553 | +€7,943 | +493.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,226 | €5,210 | -€1,016 | -16.3% |
| Other operating charges | 640/8 | €833 | €1,241 | +€408 | +48.9% |
| Gross operating margin | 9900 | €8,452 | €8,529 | +€78 | +0.9% |
| Operating profit (loss) | 9901 | €1,393 | €2,078 | +€686 | +49.2% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €1,234 | €202 | -€1,032 | -83.6% |
| Recurring financial charges | 65 | €1,234 | €202 | -€1,032 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €180 | €1,877 | +€1,696 | +939.8% |
| Income taxes | 67/77 | €580 | €803 | +€223 | +38.4% |
| Profit (loss) for the period | 9904 | -€399 | €1,074 | +€1,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€399 | €1,074 | +€1,473 |
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.