COURT: 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.
COURT
Largest movements
- Current investments +€22,846
up €22,846 (+20.3%), from €112,782 to €135,628
- Cash -€11,566
down €11,566 (-34.2%), from €33,853 to €22,288
mainly Current investments (-€22,846) and Receivables within one year (-€991)
- Tangible fixed assets -€2,162
down €2,162 (-15.4%), from €14,053 to €11,891
of which Other tangible fixed assets: -€1,132
- Reserves +€58,097
up €58,097 (+58.4%), from €99,451 to €157,548
- Profit (loss) carried forward -€47,845
no longer reported in 2025 (was €47,845)
- Gross operating margin -€1,361
down €1,361 (-5.8%), from €23,461 to €22,099
- Financial charges +€1,340
up €1,340 (+90.8%), from €1,475 to €2,815
- Taxes -€537
down €537 (-8.3%), from €6,470 to €5,934
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 | €167,747 | €177,999 | +€10,252 | +6.1% |
| Fixed assets | 21/28 | €14,053 | €11,891 | -€2,162 | -15.4% |
| Tangible fixed assets | 22/27 | €14,053 | €11,891 | -€2,162 | -15.4% |
| Furniture and vehicles | 24 | €4,916 | €3,885 | -€1,031 | -21.0% |
| Other tangible fixed assets | 26 | €9,137 | €8,005 | -€1,132 | -12.4% |
| Current assets | 29/58 | €153,695 | €166,109 | +€12,414 | +8.1% |
| Amounts receivable within one year | 40/41 | €2,509 | €3,500 | +€991 | +39.5% |
| Other amounts receivable | 41 | €2,509 | €3,500 | +€991 | +39.5% |
| Current investments | 50/53 | €112,782 | €135,628 | +€22,846 | +20.3% |
| Cash at bank and in hand | 54/58 | €33,853 | €22,288 | -€11,566 | -34.2% |
| Deferred charges and accrued income | 490/1 | €4,551 | €4,694 | +€143 | +3.1% |
| Total equity and liabilities | 10/49 | €167,747 | €177,999 | +€10,252 | +6.1% |
| Equity | 10/15 | €167,747 | €177,999 | +€10,252 | +6.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €99,451 | €157,548 | +€58,097 | +58.4% |
| Distributable reserves | 133 | €99,451 | €157,548 | +€58,097 | +58.4% |
| Profit (loss) carried forward | 14 | €47,845 | - | -€47,845 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €2,162 | = | 0.0% |
| Other operating charges | 640/8 | €1,206 | €1,071 | -€135 | -11.2% |
| Gross operating margin | 9900 | €23,461 | €22,099 | -€1,361 | -5.8% |
| Operating profit (loss) | 9901 | €20,092 | €18,866 | -€1,226 | -6.1% |
| Financial income | 75/76B | €98 | €134 | +€36 | +37.0% |
| Recurring financial income | 75 | €98 | €134 | +€36 | +37.0% |
| Financial charges | 65/66B | €1,475 | €2,815 | +€1,340 | +90.8% |
| Recurring financial charges | 65 | €1,475 | €2,815 | +€1,340 | +90.8% |
| Profit (loss) for the period before taxes | 9903 | €18,715 | €16,185 | -€2,529 | -13.5% |
| Income taxes | 67/77 | €6,470 | €5,934 | -€537 | -8.3% |
| Profit (loss) for the period | 9904 | €12,244 | €10,252 | -€1,993 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,244 | €10,252 | -€1,993 | -16.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.