COUPE K: 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.
COUPE K
Largest movements
- Cash -€10,175
down €10,175 (-25.9%), from €39,209 to €29,035
mainly Debts after one year (-€9,118) and Tax, wage and social debts (-€7,027)
- Receivables within one year +€6,463
up €6,463 (+556%), from €1,162 to €7,625
- Tangible fixed assets -€3,441
down €3,441 (-5.2%), from €66,483 to €63,042
- Debts after one year -€9,118
down €9,118 (-16.0%), from €57,133 to €48,015
- Tax, wage and social debts -€7,027
down €7,027 (-65.7%), from €10,691 to €3,663
- Trade debts +€4,987
up €4,987 (+479%), from €1,042 to €6,029
- Reserves +€1,636
up €1,636 (+7.5%), from €21,955 to €23,591
- Gross operating margin -€20,014
down €20,014 (-55.7%), from €35,915 to €15,901
- Taxes -€3,551
down €3,551 (-80.1%), from €4,435 to €884
- Depreciation +€911
up €911 (+10.6%), from €8,633 to €9,544
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 | €113,287 | €104,557 | -€8,730 | -7.7% |
| Formation expenses | 20 | €687 | €483 | -€204 | -29.7% |
| Fixed assets | 21/28 | €67,475 | €63,756 | -€3,719 | -5.5% |
| Intangible fixed assets | 21 | €992 | €714 | -€278 | -28.1% |
| Tangible fixed assets | 22/27 | €66,483 | €63,042 | -€3,441 | -5.2% |
| Plant, machinery and equipment | 23 | €4,068 | €2,901 | -€1,167 | -28.7% |
| Furniture and vehicles | 24 | €2,256 | €1,475 | -€781 | -34.6% |
| Other tangible fixed assets | 26 | €60,159 | €58,665 | -€1,493 | -2.5% |
| Current assets | 29/58 | €45,124 | €40,318 | -€4,807 | -10.7% |
| Stocks and contracts in progress | 3 | €4,196 | €3,373 | -€823 | -19.6% |
| Stocks | 30/36 | €4,196 | €3,373 | -€823 | -19.6% |
| Amounts receivable within one year | 40/41 | €1,162 | €7,625 | +€6,463 | +556% |
| Trade receivables | 40 | €1,162 | €7,625 | +€6,463 | +556% |
| Cash at bank and in hand | 54/58 | €39,209 | €29,035 | -€10,175 | -25.9% |
| Deferred charges and accrued income | 490/1 | €558 | €285 | -€272 | -48.9% |
| Total equity and liabilities | 10/49 | €113,287 | €104,557 | -€8,730 | -7.7% |
| Equity | 10/15 | €34,955 | €36,591 | +€1,636 | +4.7% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €21,955 | €23,591 | +€1,636 | +7.5% |
| Distributable reserves | 133 | €21,955 | €23,591 | +€1,636 | +7.5% |
| Amounts payable | 17/49 | €78,332 | €67,966 | -€10,366 | -13.2% |
| Amounts payable after more than one year | 17 | €57,133 | €48,015 | -€9,118 | -16.0% |
| Financial debts | 170/4 | €57,133 | €48,015 | -€9,118 | -16.0% |
| Amounts payable within one year | 42/48 | €20,940 | €19,460 | -€1,480 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €7,880 | €8,248 | +€368 | +4.7% |
| Trade debts | 44 | €1,042 | €6,029 | +€4,987 | +479% |
| Suppliers | 440/4 | €1,042 | €6,029 | +€4,987 | +479% |
| Taxes, remuneration and social security | 45 | €10,691 | €3,663 | -€7,027 | -65.7% |
| Taxes | 450/3 | €10,691 | €3,663 | -€7,027 | -65.7% |
| Other amounts payable | 47/48 | €1,327 | €1,519 | +€192 | +14.5% |
| Accrued charges and deferred income | 492/3 | €259 | €491 | +€232 | +89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,633 | €9,544 | +€911 | +10.6% |
| Other operating charges | 640/8 | €675 | €841 | +€166 | +24.5% |
| Gross operating margin | 9900 | €35,915 | €15,901 | -€20,014 | -55.7% |
| Operating profit (loss) | 9901 | €26,607 | €5,516 | -€21,091 | -79.3% |
| Financial income | 75/76B | €131 | €173 | +€43 | +32.8% |
| Recurring financial income | 75 | €131 | €173 | +€43 | +32.8% |
| Financial charges | 65/66B | €2,647 | €2,337 | -€310 | -11.7% |
| Recurring financial charges | 65 | €2,647 | €2,337 | -€310 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €24,091 | €3,353 | -€20,738 | -86.1% |
| Income taxes | 67/77 | €4,435 | €884 | -€3,551 | -80.1% |
| Profit (loss) for the period | 9904 | €19,656 | €2,469 | -€17,187 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,656 | €2,469 | -€17,187 | -87.4% |
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 23 October 2026 via checked.be.