COUROS: 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.
COUROS
Largest movements
- Receivables within one year +€12,068
up €12,068 (+313%), from €3,862 to €15,930
of which Trade receivables: +€12,025
- Other debts +€15,180
up €15,180 (+37.6%), from €40,333 to €55,512
- Profit (loss) carried forward -€6,272
down €6,272 (-4.8%), from -€131,796 to -€138,068
- Trade debts +€3,311
up €3,311 (+522%), from €634 to €3,945
- Gross operating margin +€32,676
up €32,676 (+87.2%), from -€37,458 to -€4,782
- Financial charges +€527
up €527 (+88.0%), from €599 to €1,126
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 | €4,269 | €16,487 | +€12,218 | +286% |
| Current assets | 29/58 | €4,269 | €16,487 | +€12,218 | +286% |
| Amounts receivable within one year | 40/41 | €3,862 | €15,930 | +€12,068 | +313% |
| Trade receivables | 40 | - | €12,025 | +€12,025 | |
| Other amounts receivable | 41 | €3,862 | €3,905 | +€43 | +1.1% |
| Cash at bank and in hand | 54/58 | €318 | €468 | +€150 | +47.1% |
| Deferred charges and accrued income | 490/1 | €90 | €90 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,269 | €16,487 | +€12,218 | +286% |
| Equity | 10/15 | -€39,098 | -€45,370 | -€6,272 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,098 | €74,098 | = | 0.0% |
| Distributable reserves | 133 | €74,098 | €74,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,796 | -€138,068 | -€6,272 | -4.8% |
| Amounts payable | 17/49 | €43,367 | €61,858 | +€18,491 | +42.6% |
| Amounts payable within one year | 42/48 | €43,367 | €61,858 | +€18,491 | +42.6% |
| Trade debts | 44 | €634 | €3,945 | +€3,311 | +522% |
| Suppliers | 440/4 | €634 | €3,945 | +€3,311 | +522% |
| Taxes, remuneration and social security | 45 | €2,400 | €2,400 | = | 0.0% |
| Taxes | 450/3 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €40,333 | €55,512 | +€15,180 | +37.6% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€37,458 | -€4,782 | +€32,676 | +87.2% |
| Operating profit (loss) | 9901 | -€37,971 | -€5,310 | +€32,661 | +86.0% |
| Financial income | 75/76B | €155 | €163 | +€9 | +5.7% |
| Recurring financial income | 75 | €155 | €163 | +€9 | +5.7% |
| Financial charges | 65/66B | €599 | €1,126 | +€527 | +88.0% |
| Recurring financial charges | 65 | €599 | €1,126 | +€527 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,416 | -€6,272 | +€32,143 | +83.7% |
| Profit (loss) for the period | 9904 | -€38,416 | -€6,272 | +€32,143 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,416 | -€6,272 | +€32,143 | +83.7% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.