COUVRE-TOITS: 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.
COUVRE-TOITS
Largest movements
- Receivables within one year -€14,226
down €14,226 (-25.9%), from €54,997 to €40,771
of which Other amounts receivable: -€10,565
- Cash -€8,602
down €8,602 (-16.3%), from €52,724 to €44,122
mainly Investment in fixed assets (net) (-€28,750) and Trade debts (-€14,558)
- Tangible fixed assets +€6,575
up €6,575 (+19.9%), from €33,061 to €39,636
of which Plant, machinery and equipment: +€15,749
- Stocks and contracts -€1,877
down €1,877 (-9.4%), from €19,924 to €18,047
- Trade debts -€14,558
down €14,558 (-71.3%), from €20,430 to €5,872
- Debts after one year -€4,000
down €4,000 (-84.6%), from €4,730 to €730
- Other debts +€3,901
new in 2025: €3,901
- Current portion of long-term debt -€1,865
down €1,865 (-32.1%), from €5,807 to €3,942
- Turnover -€33,970
down €33,970 (-9.3%), from €366,203 to €332,233
- Purchases and services -€19,878
down €19,878 (-5.8%), from €343,572 to €323,693
- Financial income +€18,436
up €18,436 (+1,802%), from €1,023 to €19,459
of which Non-recurring financial income: +€19,100
- Gross operating margin -€14,092
down €14,092 (-62.3%), from €22,631 to €8,539
- Depreciation +€4,971
up €4,971 (+28.9%), from €17,204 to €22,175
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 | €160,921 | €144,172 | -€16,749 | -10.4% |
| Fixed assets | 21/28 | €33,276 | €39,851 | +€6,575 | +19.8% |
| Tangible fixed assets | 22/27 | €33,061 | €39,636 | +€6,575 | +19.9% |
| Land and buildings | 22 | €2,321 | €1,224 | -€1,096 | -47.2% |
| Plant, machinery and equipment | 23 | €15,719 | €31,468 | +€15,749 | +100% |
| Furniture and vehicles | 24 | €15,022 | €6,944 | -€8,078 | -53.8% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €127,644 | €104,321 | -€23,324 | -18.3% |
| Stocks and contracts in progress | 3 | €19,924 | €18,047 | -€1,877 | -9.4% |
| Stocks | 30/36 | €19,924 | €18,047 | -€1,877 | -9.4% |
| Amounts receivable within one year | 40/41 | €54,997 | €40,771 | -€14,226 | -25.9% |
| Trade receivables | 40 | €39,867 | €36,206 | -€3,661 | -9.2% |
| Other amounts receivable | 41 | €15,130 | €4,565 | -€10,565 | -69.8% |
| Cash at bank and in hand | 54/58 | €52,724 | €44,122 | -€8,602 | -16.3% |
| Deferred charges and accrued income | 490/1 | - | €1,381 | +€1,381 | |
| Total equity and liabilities | 10/49 | €160,921 | €144,172 | -€16,749 | -10.4% |
| Equity | 10/15 | €127,618 | €127,206 | -€412 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,158 | €106,746 | -€412 | -0.4% |
| Amounts payable | 17/49 | €33,303 | €16,966 | -€16,337 | -49.1% |
| Amounts payable after more than one year | 17 | €4,730 | €730 | -€4,000 | -84.6% |
| Financial debts | 170/4 | €4,730 | €730 | -€4,000 | -84.6% |
| Amounts payable within one year | 42/48 | €28,573 | €16,236 | -€12,337 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €5,807 | €3,942 | -€1,865 | -32.1% |
| Trade debts | 44 | €20,430 | €5,872 | -€14,558 | -71.3% |
| Suppliers | 440/4 | €20,430 | €5,872 | -€14,558 | -71.3% |
| Taxes, remuneration and social security | 45 | €2,336 | €2,521 | +€185 | +7.9% |
| Taxes | 450/3 | €2,336 | €2,336 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €185 | +€185 | |
| Other amounts payable | 47/48 | - | €3,901 | +€3,901 | |
| Turnover | 70 | €366,203 | €332,233 | -€33,970 | -9.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €343,572 | €323,693 | -€19,878 | -5.8% |
| Remuneration, social security and pensions | 62 | €5,452 | €890 | -€4,563 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,204 | €22,175 | +€4,971 | +28.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €750 | +€750 | |
| Other operating charges | 640/8 | €1,604 | €3,586 | +€1,983 | +124% |
| Non-recurring operating charges | 66A | €5,673 | - | -€5,673 | |
| Gross operating margin | 9900 | €22,631 | €8,539 | -€14,092 | -62.3% |
| Operating profit (loss) | 9901 | -€7,302 | -€18,861 | -€11,559 | -158% |
| Financial income | 75/76B | €1,023 | €19,459 | +€18,436 | +1,802% |
| Recurring financial income | 75 | €1,023 | €359 | -€664 | -64.9% |
| Non-recurring financial income | 76B | - | €19,100 | +€19,100 | |
| Financial charges | 65/66B | €1,557 | €1,009 | -€548 | -35.2% |
| Recurring financial charges | 65 | €1,557 | €1,009 | -€548 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,836 | -€412 | +€7,424 | +94.7% |
| Profit (loss) for the period | 9904 | -€7,836 | -€412 | +€7,424 | +94.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,836 | -€412 | +€7,424 | +94.7% |
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 29 October 2026 via checked.be.