COUPETRANS: 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.
COUPETRANS
Largest movements
- Tangible fixed assets -€405,317
down €405,317 (-81.8%), from €495,450 to €90,133
of which Furniture and vehicles: -€404,001
- Current investments -€313,813
down €313,813 (-12.7%), from €2.5m to €2.2m
- Receivables within one year -€249,705
down €249,705 (-78.1%), from €319,621 to €69,916
of which Trade receivables: -€251,443
- Cash -€191,893
down €191,893 (-59.6%), from €322,070 to €130,177
mainly Other debts (-€1.2m) and Receivables after one year (-€150,000)
- Receivables after one year +€150,000
new in 2025: €150,000
- Other debts -€1.2m
down €1.2m (-95.1%), from €1.3m to €61,345
- Reserves +€271,778
up €271,778 (+16.9%), from €1.6m to €1.9m
of which Distributable reserves: +€271,778
- Tax, wage and social debts -€44,272
down €44,272 (-79.1%), from €55,996 to €11,724
of which Remuneration and social security: -€44,272
- Trade debts -€42,860
down €42,860 (-91.3%), from €46,954 to €4,094
- Gross operating margin -€701,097
down €701,097, from €673,132 to -€27,966
- Staff costs -€384,670
down €384,670 (-70.9%), from €542,274 to €157,604
- Financial income +€357,281
up €357,281 (+120.8%), from €295,826 to €653,107
of which Non-recurring financial income: +€606,034
- Financial charges -€115,699
down €115,699 (-99.0%), from €116,853 to €1,154
- Depreciation -€100,135
down €100,135 (-73.8%), from €135,736 to €35,601
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 | €3,608,951 | €2,597,958 | -€1.0m | -28.0% |
| Fixed assets | 21/28 | €495,450 | €90,133 | -€405,317 | -81.8% |
| Tangible fixed assets | 22/27 | €495,450 | €90,133 | -€405,317 | -81.8% |
| Plant, machinery and equipment | 23 | €5,604 | €4,288 | -€1,316 | -23.5% |
| Furniture and vehicles | 24 | €489,846 | €85,845 | -€404,001 | -82.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,113,501 | €2,507,824 | -€605,676 | -19.5% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €319,621 | €69,916 | -€249,705 | -78.1% |
| Trade receivables | 40 | €303,743 | €52,300 | -€251,443 | -82.8% |
| Other amounts receivable | 41 | €15,877 | €17,616 | +€1,738 | +10.9% |
| Current investments | 50/53 | €2,471,545 | €2,157,732 | -€313,813 | -12.7% |
| Cash at bank and in hand | 54/58 | €322,070 | €130,177 | -€191,893 | -59.6% |
| Deferred charges and accrued income | 490/1 | €265 | €0 | -€265 | -100.0% |
| Total equity and liabilities | 10/49 | €3,608,951 | €2,597,958 | -€1.0m | -28.0% |
| Equity | 10/15 | €2,249,016 | €2,520,794 | +€271,778 | +12.1% |
| Contributions | 10/11 | €641,046 | €641,046 | = | 0.0% |
| Capital | 10 | €640,000 | €640,000 | = | 0.0% |
| Issued capital | 100 | €640,000 | €640,000 | = | 0.0% |
| Outside capital | 11 | €1,046 | €1,046 | = | 0.0% |
| Share premium | 1100/10 | €1,046 | €1,046 | = | 0.0% |
| Reserves | 13 | €1,607,970 | €1,879,749 | +€271,778 | +16.9% |
| Non-distributable reserves | 130/1 | €64,000 | €64,000 | = | 0.0% |
| Legal reserve | 130 | €64,000 | €64,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,002,048 | €1,002,048 | = | 0.0% |
| Distributable reserves | 133 | €541,923 | €813,701 | +€271,778 | +50.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,359,935 | €77,163 | -€1.3m | -94.3% |
| Amounts payable within one year | 42/48 | €1,359,935 | €77,163 | -€1.3m | -94.3% |
| Trade debts | 44 | €46,954 | €4,094 | -€42,860 | -91.3% |
| Suppliers | 440/4 | €46,954 | €4,094 | -€42,860 | -91.3% |
| Taxes, remuneration and social security | 45 | €55,996 | €11,724 | -€44,272 | -79.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €55,996 | €11,724 | -€44,272 | -79.1% |
| Other amounts payable | 47/48 | €1,256,984 | €61,345 | -€1.2m | -95.1% |
| Non-recurring operating income | 76A | €18,914 | €15,915 | -€2,999 | -15.9% |
| Remuneration, social security and pensions | 62 | €542,274 | €157,604 | -€384,670 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,736 | €35,601 | -€100,135 | -73.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,927 | -€32,927 | -€65,853 | |
| Other operating charges | 640/8 | €14,620 | €39,572 | +€24,952 | +170.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €673,132 | -€27,966 | -€701,097 | |
| Operating profit (loss) | 9901 | -€52,425 | -€227,816 | -€175,392 | -334.6% |
| Financial income | 75/76B | €295,826 | €653,107 | +€357,281 | +120.8% |
| Recurring financial income | 75 | €295,826 | €47,073 | -€248,753 | -84.1% |
| Non-recurring financial income | 76B | - | €606,034 | +€606,034 | |
| Financial charges | 65/66B | €116,853 | €1,154 | -€115,699 | -99.0% |
| Recurring financial charges | 65 | €116,853 | €1,154 | -€115,699 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €126,549 | €424,136 | +€297,588 | +235.2% |
| Income taxes | 67/77 | €29,104 | €92,358 | +€63,254 | +217.3% |
| Profit (loss) for the period | 9904 | €97,445 | €331,778 | +€234,334 | +240.5% |
| Transfer from tax-exempt reserves | 789 | €100,000 | €0 | -€100,000 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €197,445 | €331,778 | +€134,334 | +68.0% |
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.