COUMANS: 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.
COUMANS
Largest movements
- Current investments +€5,000
up €5,000 (+33.3%), from €15,000 to €20,000
- Receivables within one year +€4,322
up €4,322 (+24.1%), from €17,937 to €22,259
of which Trade receivables: +€8,281
- Reserves +€10,000
up €10,000 (+35.9%), from €27,860 to €37,860
- Tax, wage and social debts +€3,429
up €3,429 (+96.8%), from €3,543 to €6,972
of which Taxes: +€3,429
- Debts after one year -€3,073
down €3,073 (-26.8%), from €11,473 to €8,400
- Gross operating margin +€18,482
up €18,482 (+352.2%), from €5,247 to €23,728
- Taxes +€4,146
up €4,146 (+1943.0%), from €213 to €4,360
- Other operating charges +€1,358
up €1,358 (+144.0%), from €943 to €2,301
- Financial charges -€597
down €597 (-18.4%), from €3,247 to €2,649
- Depreciation +€569
up €569 (+12.4%), from €4,603 to €5,172
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 | €122,738 | €132,689 | +€9,951 | +8.1% |
| Fixed assets | 21/28 | €44,565 | €44,555 | -€10 | 0.0% |
| Tangible fixed assets | 22/27 | €44,565 | €44,555 | -€10 | 0.0% |
| Land and buildings | 22 | €42,774 | €39,023 | -€3,751 | -8.8% |
| Plant, machinery and equipment | 23 | €1,574 | €862 | -€712 | -45.2% |
| Furniture and vehicles | 24 | €217 | €4,669 | +€4,452 | +2053.0% |
| Current assets | 29/58 | €78,173 | €88,134 | +€9,962 | +12.7% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,937 | €22,259 | +€4,322 | +24.1% |
| Trade receivables | 40 | €12,282 | €20,563 | +€8,281 | +67.4% |
| Other amounts receivable | 41 | €5,655 | €1,697 | -€3,959 | -70.0% |
| Current investments | 50/53 | €15,000 | €20,000 | +€5,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €40,236 | €39,994 | -€242 | -0.6% |
| Deferred charges and accrued income | 490/1 | - | €881 | +€881 | |
| Total equity and liabilities | 10/49 | €122,738 | €132,689 | +€9,951 | +8.1% |
| Equity | 10/15 | €102,820 | €112,912 | +€10,092 | +9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,860 | €37,860 | +€10,000 | +35.9% |
| Distributable reserves | 133 | €27,860 | €37,860 | +€10,000 | +35.9% |
| Profit (loss) carried forward | 14 | €62,560 | €62,652 | +€92 | +0.1% |
| Amounts payable | 17/49 | €19,918 | €19,777 | -€141 | -0.7% |
| Amounts payable after more than one year | 17 | €11,473 | €8,400 | -€3,073 | -26.8% |
| Financial debts | 170/4 | €11,473 | €8,400 | -€3,073 | -26.8% |
| Amounts payable within one year | 42/48 | €8,445 | €11,377 | +€2,932 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €3,032 | €3,073 | +€41 | +1.4% |
| Trade debts | 44 | - | €115 | +€115 | |
| Suppliers | 440/4 | - | €115 | +€115 | |
| Taxes, remuneration and social security | 45 | €3,543 | €6,972 | +€3,429 | +96.8% |
| Taxes | 450/3 | €993 | €4,422 | +€3,429 | +345.2% |
| Remuneration and social security | 454/9 | €2,549 | €2,549 | = | 0.0% |
| Other amounts payable | 47/48 | €1,871 | €1,218 | -€653 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,603 | €5,172 | +€569 | +12.4% |
| Other operating charges | 640/8 | €943 | €2,301 | +€1,358 | +144.0% |
| Gross operating margin | 9900 | €5,247 | €23,728 | +€18,482 | +352.2% |
| Operating profit (loss) | 9901 | -€299 | €16,255 | +€16,555 | |
| Financial income | 75/76B | €1,356 | €846 | -€510 | -37.6% |
| Recurring financial income | 75 | €1,356 | €846 | -€510 | -37.6% |
| Financial charges | 65/66B | €3,247 | €2,649 | -€597 | -18.4% |
| Recurring financial charges | 65 | €3,247 | €2,649 | -€597 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,190 | €14,452 | +€16,642 | |
| Income taxes | 67/77 | €213 | €4,360 | +€4,146 | +1943.0% |
| Profit (loss) for the period | 9904 | -€2,404 | €10,092 | +€12,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,404 | €10,092 | +€12,496 |
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.