COUSSEMENT: 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.
COUSSEMENT
Largest movements
- Cash +€207,178
up €207,178 (+18.9%), from €1.1m to €1.3m
mainly Net result for the year (+€296,613) and Receivables within one year (+€81,618)
- Receivables within one year -€81,618
down €81,618 (-47.5%), from €171,986 to €90,368
of which Trade receivables: -€44,300
- Reserves +€71,613
up €71,613 (+8.1%), from €883,189 to €954,802
of which Distributable reserves: +€71,613
- Trade debts +€41,842
up €41,842 (+41.9%), from €99,940 to €141,781
- Other debts +€37,205
up €37,205 (+8.8%), from €421,845 to €459,050
- Write-downs -€16,920
down €16,920 (-100.0%), from €16,920 to €0
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 | €1,456,897 | €1,599,482 | +€142,586 | +9.8% |
| Fixed assets | 21/28 | €151,817 | €160,875 | +€9,057 | +6.0% |
| Tangible fixed assets | 22/27 | €151,817 | €160,875 | +€9,057 | +6.0% |
| Land and buildings | 22 | €96,180 | €93,426 | -€2,754 | -2.9% |
| Plant, machinery and equipment | 23 | €2,301 | €1,438 | -€862 | -37.5% |
| Furniture and vehicles | 24 | €53,337 | €66,010 | +€12,673 | +23.8% |
| Current assets | 29/58 | €1,305,079 | €1,438,608 | +€133,529 | +10.2% |
| Stocks and contracts in progress | 3 | €34,993 | €39,572 | +€4,579 | +13.1% |
| Stocks | 30/36 | €34,993 | €39,572 | +€4,579 | +13.1% |
| Amounts receivable within one year | 40/41 | €171,986 | €90,368 | -€81,618 | -47.5% |
| Trade receivables | 40 | €127,582 | €83,283 | -€44,300 | -34.7% |
| Other amounts receivable | 41 | €44,404 | €7,085 | -€37,318 | -84.0% |
| Cash at bank and in hand | 54/58 | €1,094,454 | €1,301,632 | +€207,178 | +18.9% |
| Deferred charges and accrued income | 490/1 | €3,646 | €7,036 | +€3,389 | +93.0% |
| Total equity and liabilities | 10/49 | €1,456,897 | €1,599,482 | +€142,586 | +9.8% |
| Equity | 10/15 | €908,189 | €979,802 | +€71,613 | +7.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €883,189 | €954,802 | +€71,613 | +8.1% |
| Tax-exempt reserves | 132 | €71,087 | €71,087 | = | 0.0% |
| Distributable reserves | 133 | €812,102 | €883,715 | +€71,613 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €548,707 | €619,680 | +€70,973 | +12.9% |
| Amounts payable within one year | 42/48 | €531,189 | €603,514 | +€72,325 | +13.6% |
| Trade debts | 44 | €99,940 | €141,781 | +€41,842 | +41.9% |
| Suppliers | 440/4 | €99,940 | €141,781 | +€41,842 | +41.9% |
| Taxes, remuneration and social security | 45 | €9,404 | €2,683 | -€6,721 | -71.5% |
| Taxes | 450/3 | €8,373 | €1,680 | -€6,693 | -79.9% |
| Remuneration and social security | 454/9 | €1,032 | €1,003 | -€28 | -2.7% |
| Other amounts payable | 47/48 | €421,845 | €459,050 | +€37,205 | +8.8% |
| Accrued charges and deferred income | 492/3 | €17,518 | €16,166 | -€1,352 | -7.7% |
| Non-recurring operating income | 76A | €4,900 | €2,800 | -€2,100 | -42.9% |
| Remuneration, social security and pensions | 62 | €324,765 | €321,683 | -€3,082 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,794 | €18,386 | +€6,592 | +55.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,920 | €0 | -€16,920 | -100.0% |
| Other operating charges | 640/8 | €7,312 | €7,132 | -€180 | -2.5% |
| Gross operating margin | 9900 | €674,022 | €677,793 | +€3,771 | +0.6% |
| Operating profit (loss) | 9901 | €313,230 | €330,592 | +€17,361 | +5.5% |
| Financial income | 75/76B | €8,869 | €7,140 | -€1,730 | -19.5% |
| Recurring financial income | 75 | €8,869 | €7,140 | -€1,730 | -19.5% |
| Financial charges | 65/66B | €21,230 | €17,700 | -€3,530 | -16.6% |
| Recurring financial charges | 65 | €21,230 | €17,700 | -€3,530 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €300,870 | €320,032 | +€19,162 | +6.4% |
| Income taxes | 67/77 | €26,218 | €23,419 | -€2,799 | -10.7% |
| Profit (loss) for the period | 9904 | €274,652 | €296,613 | +€21,961 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €274,652 | €296,613 | +€21,961 | +8.0% |
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 2 October 2026 via checked.be.