Couplet: 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.
Couplet
Largest movements
- Tangible fixed assets -€6,711
down €6,711 (-9.3%), from €72,304 to €65,593
of which Furniture and vehicles: -€3,959
- Receivables within one year -€2,654
down €2,654 (-42.0%), from €6,325 to €3,671
of which Trade receivables: -€2,591
- Cash +€2,626
up €2,626 (+103.4%), from €2,539 to €5,165
mainly Net result for the year (+€13,695) and Depreciation (+€7,650)
- Profit (loss) carried forward +€12,195
up €12,195 (+58.4%), from -€20,874 to -€8,679
- Debts after one year -€10,928
down €10,928 (-23.0%), from €47,522 to €36,594
- Other debts -€7,062
down €7,062 (-93.7%), from €7,533 to €471
- Trade debts -€1,524
down €1,524 (-52.4%), from €2,909 to €1,385
- Reserves +€1,500
up €1,500 (+9.0%), from €16,727 to €18,227
of which Distributable reserves: +€1,500
- Gross operating margin -€3,295
down €3,295 (-12.2%), from €26,913 to €23,618
- Depreciation +€1,425
up €1,425 (+22.9%), from €6,225 to €7,650
- Taxes +€500
up €500 (+259.1%), from €193 to €693
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 | €81,694 | €75,586 | -€6,108 | -7.5% |
| Fixed assets | 21/28 | €72,304 | €65,593 | -€6,711 | -9.3% |
| Tangible fixed assets | 22/27 | €72,304 | €65,593 | -€6,711 | -9.3% |
| Land and buildings | 22 | €55,960 | €52,812 | -€3,148 | -5.6% |
| Plant, machinery and equipment | 23 | €3,258 | €3,654 | +€396 | +12.2% |
| Furniture and vehicles | 24 | €13,086 | €9,127 | -€3,959 | -30.3% |
| Current assets | 29/58 | €9,390 | €9,993 | +€603 | +6.4% |
| Amounts receivable within one year | 40/41 | €6,325 | €3,671 | -€2,654 | -42.0% |
| Trade receivables | 40 | €6,236 | €3,645 | -€2,591 | -41.5% |
| Other amounts receivable | 41 | €89 | €26 | -€63 | -70.8% |
| Cash at bank and in hand | 54/58 | €2,539 | €5,165 | +€2,626 | +103.4% |
| Deferred charges and accrued income | 490/1 | €526 | €1,157 | +€631 | +120.0% |
| Total equity and liabilities | 10/49 | €81,694 | €75,586 | -€6,108 | -7.5% |
| Equity | 10/15 | €14,453 | €28,148 | +€13,695 | +94.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,727 | €18,227 | +€1,500 | +9.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,867 | €16,367 | +€1,500 | +10.1% |
| Profit (loss) carried forward | 14 | -€20,874 | -€8,679 | +€12,195 | +58.4% |
| Amounts payable | 17/49 | €67,241 | €47,438 | -€19,803 | -29.5% |
| Amounts payable after more than one year | 17 | €47,522 | €36,594 | -€10,928 | -23.0% |
| Financial debts | 170/4 | €47,522 | €36,594 | -€10,928 | -23.0% |
| Amounts payable within one year | 42/48 | €19,719 | €10,844 | -€8,875 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €5,976 | €6,128 | +€152 | +2.5% |
| Trade debts | 44 | €2,909 | €1,385 | -€1,524 | -52.4% |
| Suppliers | 440/4 | €2,909 | €1,385 | -€1,524 | -52.4% |
| Taxes, remuneration and social security | 45 | €3,301 | €2,860 | -€441 | -13.4% |
| Taxes | 450/3 | €2,865 | €2,424 | -€441 | -15.4% |
| Remuneration and social security | 454/9 | €436 | €436 | = | 0.0% |
| Other amounts payable | 47/48 | €7,533 | €471 | -€7,062 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,225 | €7,650 | +€1,425 | +22.9% |
| Other operating charges | 640/8 | €373 | €216 | -€157 | -42.1% |
| Gross operating margin | 9900 | €26,913 | €23,618 | -€3,295 | -12.2% |
| Operating profit (loss) | 9901 | €20,315 | €15,752 | -€4,563 | -22.5% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €1,570 | €1,380 | -€190 | -12.1% |
| Recurring financial charges | 65 | €1,570 | €1,380 | -€190 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €18,745 | €14,388 | -€4,357 | -23.2% |
| Income taxes | 67/77 | €193 | €693 | +€500 | +259.1% |
| Profit (loss) for the period | 9904 | €18,552 | €13,695 | -€4,857 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,552 | €13,695 | -€4,857 | -26.2% |
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 6 October 2026 via checked.be.