COURONIXEL: 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.
COURONIXEL
Largest movements
- Tangible fixed assets -€18,307
down €18,307 (-20.9%), from €87,480 to €69,173
of which Plant, machinery and equipment: -€17,265
- Cash +€6,404
up €6,404 (+79.3%), from €8,079 to €14,484
mainly Depreciation (+€18,307) and Net result for the year (+€412)
- Debts after one year -€10,623
down €10,623 (-17.1%), from €62,122 to €51,499
- Accrued charges and deferred income -€1,174
down €1,174 (-50.1%), from €2,343 to €1,168
- Gross operating margin -€7,868
down €7,868 (-23.3%), from €33,708 to €25,840
- Depreciation -€2,187
down €2,187 (-10.7%), from €20,493 to €18,307
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 | €95,559 | €84,153 | -€11,407 | -11.9% |
| Fixed assets | 21/28 | €87,480 | €69,173 | -€18,307 | -20.9% |
| Tangible fixed assets | 22/27 | €87,480 | €69,173 | -€18,307 | -20.9% |
| Land and buildings | 22 | €50,693 | €49,651 | -€1,041 | -2.1% |
| Plant, machinery and equipment | 23 | €25,147 | €7,882 | -€17,265 | -68.7% |
| Assets under construction and advance payments | 27 | €11,640 | €11,640 | = | 0.0% |
| Current assets | 29/58 | €8,079 | €14,979 | +€6,900 | +85.4% |
| Cash at bank and in hand | 54/58 | €8,079 | €14,484 | +€6,404 | +79.3% |
| Deferred charges and accrued income | 490/1 | €0 | €496 | +€496 | |
| Total equity and liabilities | 10/49 | €95,559 | €84,153 | -€11,407 | -11.9% |
| Equity | 10/15 | -€25,184 | -€24,772 | +€412 | +1.6% |
| Contributions | 10/11 | €62,407 | €62,407 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €407 | €407 | = | 0.0% |
| Share premium | 1100/10 | €407 | €407 | = | 0.0% |
| Revaluation surpluses | 12 | €6,105 | €5,980 | -€125 | -2.1% |
| Reserves | 13 | €16,104 | €16,229 | +€125 | +0.8% |
| Non-distributable reserves | 130/1 | €3,400 | €3,400 | = | 0.0% |
| Legal reserve | 130 | €3,400 | €3,400 | = | 0.0% |
| Distributable reserves | 133 | €12,704 | €12,829 | +€125 | +1.0% |
| Profit (loss) carried forward | 14 | -€109,800 | -€109,387 | +€412 | +0.4% |
| Amounts payable | 17/49 | €120,743 | €108,924 | -€11,819 | -9.8% |
| Amounts payable after more than one year | 17 | €62,122 | €51,499 | -€10,623 | -17.1% |
| Financial debts | 170/4 | €62,122 | €51,499 | -€10,623 | -17.1% |
| Amounts payable within one year | 42/48 | €56,278 | €56,257 | -€21 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €10,342 | €10,623 | +€282 | +2.7% |
| Trade debts | 44 | €303 | €0 | -€303 | -100.0% |
| Suppliers | 440/4 | €303 | €0 | -€303 | -100.0% |
| Other amounts payable | 47/48 | €45,634 | €45,634 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,343 | €1,168 | -€1,174 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,493 | €18,307 | -€2,187 | -10.7% |
| Other operating charges | 640/8 | €4,705 | €5,016 | +€311 | +6.6% |
| Gross operating margin | 9900 | €33,708 | €25,840 | -€7,868 | -23.3% |
| Operating profit (loss) | 9901 | €8,509 | €2,517 | -€5,992 | -70.4% |
| Financial charges | 65/66B | €2,362 | €2,105 | -€257 | -10.9% |
| Recurring financial charges | 65 | €2,362 | €2,105 | -€257 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €6,147 | €412 | -€5,735 | -93.3% |
| Profit (loss) for the period | 9904 | €6,147 | €412 | -€5,735 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,147 | €412 | -€5,735 | -93.3% |
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 10 October 2026 via checked.be.