COUP DE FEU: 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.
COUP DE FEU
Largest movements
- Stocks and contracts -€41,485
down €41,485 (-87.9%), from €47,197 to €5,712
- Tangible fixed assets -€11,807
down €11,807 (-8.7%), from €135,620 to €123,814
of which Plant, machinery and equipment: -€9,067
- Receivables within one year +€7,757
up €7,757 (+58.2%), from €13,328 to €21,085
of which Trade receivables: +€7,767
- Deferred charges and accrued income -€4,174
down €4,174 (-93.1%), from €4,483 to €309
- Debts after one year -€37,377
down €37,377 (-38.4%), from €97,375 to €59,997
- Other debts -€27,440
down €27,440 (-56.4%), from €48,687 to €21,247
- Profit (loss) carried forward +€23,938
up €23,938 (+69.1%), from -€34,646 to -€10,708
- Trade debts -€5,389
down €5,389 (-15.8%), from €34,142 to €28,753
- Current portion of long-term debt -€4,273
down €4,273 (-19.3%), from €22,104 to €17,832
- Depreciation -€3,477
down €3,477 (-22.8%), from €15,284 to €11,807
- Financial income +€1,739
up €1,739 (+267,575%), from €1 to €1,740
- Other operating charges +€1,694
up €1,694 (+146%), from €1,162 to €2,856
- Gross operating margin -€735
down €735 (-1.7%), from €42,095 to €41,360
- Financial charges -€679
down €679 (-17.5%), from €3,876 to €3,196
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,402 | €152,105 | -€50,297 | -24.9% |
| Fixed assets | 21/28 | €135,620 | €123,814 | -€11,807 | -8.7% |
| Tangible fixed assets | 22/27 | €135,620 | €123,814 | -€11,807 | -8.7% |
| Land and buildings | 22 | €82,833 | €80,335 | -€2,497 | -3.0% |
| Plant, machinery and equipment | 23 | €52,445 | €43,378 | -€9,067 | -17.3% |
| Furniture and vehicles | 24 | €342 | €100 | -€242 | -70.7% |
| Current assets | 29/58 | €66,781 | €28,291 | -€38,490 | -57.6% |
| Stocks and contracts in progress | 3 | €47,197 | €5,712 | -€41,485 | -87.9% |
| Stocks | 30/36 | €47,197 | €5,712 | -€41,485 | -87.9% |
| Amounts receivable within one year | 40/41 | €13,328 | €21,085 | +€7,757 | +58.2% |
| Trade receivables | 40 | €13,234 | €21,001 | +€7,767 | +58.7% |
| Other amounts receivable | 41 | €94 | €85 | -€9 | -10.0% |
| Cash at bank and in hand | 54/58 | €1,774 | €1,185 | -€589 | -33.2% |
| Deferred charges and accrued income | 490/1 | €4,483 | €309 | -€4,174 | -93.1% |
| Total equity and liabilities | 10/49 | €202,402 | €152,105 | -€50,297 | -24.9% |
| Equity | 10/15 | -€14,646 | €9,292 | +€23,938 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,646 | -€10,708 | +€23,938 | +69.1% |
| Amounts payable | 17/49 | €217,048 | €142,812 | -€74,235 | -34.2% |
| Amounts payable after more than one year | 17 | €97,375 | €59,997 | -€37,377 | -38.4% |
| Financial debts | 170/4 | €97,375 | €59,997 | -€37,377 | -38.4% |
| Amounts payable within one year | 42/48 | €116,283 | €78,200 | -€38,083 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €22,104 | €17,832 | -€4,273 | -19.3% |
| Financial debts | 43 | €4,764 | €5,108 | +€344 | +7.2% |
| Credit institutions | 430/8 | €4,764 | €5,108 | +€344 | +7.2% |
| Trade debts | 44 | €34,142 | €28,753 | -€5,389 | -15.8% |
| Suppliers | 440/4 | €34,142 | €28,753 | -€5,389 | -15.8% |
| Taxes, remuneration and social security | 45 | €6,586 | €5,261 | -€1,326 | -20.1% |
| Taxes | 450/3 | €6,586 | €3,341 | -€3,245 | -49.3% |
| Remuneration and social security | 454/9 | - | €1,919 | +€1,919 | |
| Other amounts payable | 47/48 | €48,687 | €21,247 | -€27,440 | -56.4% |
| Accrued charges and deferred income | 492/3 | €3,390 | €4,615 | +€1,225 | +36.2% |
| Non-recurring operating income | 76A | €231 | €0 | -€231 | -100% |
| Remuneration, social security and pensions | 62 | €1,256 | €1,303 | +€47 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,284 | €11,807 | -€3,477 | -22.8% |
| Other operating charges | 640/8 | €1,162 | €2,856 | +€1,694 | +146% |
| Gross operating margin | 9900 | €42,095 | €41,360 | -€735 | -1.7% |
| Operating profit (loss) | 9901 | €24,393 | €25,395 | +€1,002 | +4.1% |
| Financial income | 75/76B | €1 | €1,740 | +€1,739 | +267,575% |
| Recurring financial income | 75 | €1 | €1,740 | +€1,739 | +267,575% |
| Financial charges | 65/66B | €3,876 | €3,196 | -€679 | -17.5% |
| Recurring financial charges | 65 | €3,876 | €3,196 | -€679 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €20,518 | €23,938 | +€3,421 | +16.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €20,518 | €23,938 | +€3,421 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,518 | €23,938 | +€3,421 | +16.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.