Courtisane: 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.
Courtisane
Largest movements
- Deferred charges and accrued income +€5,493
up €5,493 (+616%), from €891 to €6,384
- Receivables within one year -€2,125
down €2,125 (-9.4%), from €22,650 to €20,525
of which Other amounts receivable: -€2,887
- Cash +€1,460
up €1,460 (+121%), from €1,207 to €2,667
mainly Short-term financial debts (+€9,733) and Receivables within one year (+€2,125)
- Tangible fixed assets -€1,272
down €1,272 (-68.6%), from €1,853 to €581
of which Plant, machinery and equipment: -€690
- Short-term financial debts +€9,733
new in 2025: €9,733
- Tax, wage and social debts -€5,342
down €5,342 (-31.8%), from €16,795 to €11,453
of which Taxes: -€4,178
- Profit (loss) carried forward -€2,315
down €2,315 (-32.4%), from €7,142 to €4,827
- Accrued charges and deferred income +€1,044
new in 2025: €1,044
- Trade debts +€436
up €436 (+16.4%), from €2,664 to €3,099
- Turnover -€8,074
down €8,074 (-15.5%), from €52,023 to €43,949
- Staff costs +€7,467
up €7,467 (+7.3%), from €102,144 to €109,611
- Gross operating margin +€5,596
up €5,596 (+5.2%), from €107,098 to €112,695
- Purchases and services -€3,235
down €3,235 (-2.0%), from €160,422 to €157,187
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 | €26,601 | €30,157 | +€3,556 | +13.4% |
| Fixed assets | 21/28 | €1,853 | €581 | -€1,272 | -68.6% |
| Tangible fixed assets | 22/27 | €1,853 | €581 | -€1,272 | -68.6% |
| Plant, machinery and equipment | 23 | €690 | - | -€690 | |
| Furniture and vehicles | 24 | €1,162 | €581 | -€581 | -50.0% |
| Current assets | 29/58 | €24,749 | €29,576 | +€4,827 | +19.5% |
| Amounts receivable within one year | 40/41 | €22,650 | €20,525 | -€2,125 | -9.4% |
| Trade receivables | 40 | €160 | €921 | +€762 | +478% |
| Other amounts receivable | 41 | €22,491 | €19,604 | -€2,887 | -12.8% |
| Cash at bank and in hand | 54/58 | €1,207 | €2,667 | +€1,460 | +121% |
| Deferred charges and accrued income | 490/1 | €891 | €6,384 | +€5,493 | +616% |
| Total equity and liabilities | 10/49 | €26,601 | €30,157 | +€3,556 | +13.4% |
| Equity | 10/15 | €7,142 | €4,827 | -€2,315 | -32.4% |
| Profit (loss) carried forward | 14 | €7,142 | €4,827 | -€2,315 | -32.4% |
| Amounts payable | 17/49 | €19,459 | €25,330 | +€5,871 | +30.2% |
| Amounts payable within one year | 42/48 | €19,459 | €24,286 | +€4,827 | +24.8% |
| Financial debts | 43 | - | €9,733 | +€9,733 | |
| Credit institutions | 430/8 | - | €9,733 | +€9,733 | |
| Trade debts | 44 | €2,664 | €3,099 | +€436 | +16.4% |
| Suppliers | 440/4 | €2,664 | €3,099 | +€436 | +16.4% |
| Taxes, remuneration and social security | 45 | €16,795 | €11,453 | -€5,342 | -31.8% |
| Taxes | 450/3 | €4,178 | - | -€4,178 | |
| Remuneration and social security | 454/9 | €12,618 | €11,453 | -€1,165 | -9.2% |
| Accrued charges and deferred income | 492/3 | - | €1,044 | +€1,044 | |
| Turnover | 70 | €52,023 | €43,949 | -€8,074 | -15.5% |
| Membership fees, donations, legacies and grants | 73 | €215,497 | €221,145 | +€5,648 | +2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,422 | €157,187 | -€3,235 | -2.0% |
| Remuneration, social security and pensions | 62 | €102,144 | €109,611 | +€7,467 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,732 | €1,272 | -€460 | -26.6% |
| Other operating charges | 640/8 | €3,473 | €2,873 | -€600 | -17.3% |
| Gross operating margin | 9900 | €107,098 | €112,695 | +€5,596 | +5.2% |
| Operating profit (loss) | 9901 | -€250 | -€1,061 | -€811 | -324% |
| Financial income | 75/76B | €66 | €8 | -€58 | -88.3% |
| Recurring financial income | 75 | €66 | €8 | -€58 | -88.3% |
| Financial charges | 65/66B | €1,207 | €1,262 | +€54 | +4.5% |
| Recurring financial charges | 65 | €1,207 | €1,262 | +€54 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,392 | -€2,315 | -€923 | -66.3% |
| Profit (loss) for the period | 9904 | -€1,392 | -€2,315 | -€923 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,392 | -€2,315 | -€923 | -66.3% |
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 27 October 2026 via checked.be.