COYSMAN: 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.
COYSMAN
Largest movements
- Tangible fixed assets -€9,087
down €9,087 (-27.2%), from €33,410 to €24,322
of which Furniture and vehicles: -€5,130
- Cash +€3,967
up €3,967 (+14.4%), from €27,544 to €31,511
mainly Depreciation (+€9,127) and Trade debts (+€2,628)
- Receivables within one year -€2,126
down €2,126 (-47.2%), from €4,506 to €2,380
of which Trade receivables: -€1,237
- Other debts -€6,066
down €6,066 (-4.7%), from €128,712 to €122,646
- Trade debts +€2,628
new in 2025: €2,628
- Tax, wage and social debts -€2,609
down €2,609 (-47.9%), from €5,445 to €2,835
- Gross operating margin -€1,243
down €1,243 (-12.0%), from €10,371 to €9,128
- Depreciation -€553
down €553 (-5.7%), from €9,680 to €9,127
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 | €151,323 | €144,700 | -€6,623 | -4.4% |
| Fixed assets | 21/28 | €34,475 | €25,348 | -€9,127 | -26.5% |
| Intangible fixed assets | 21 | €526 | €486 | -€40 | -7.5% |
| Tangible fixed assets | 22/27 | €33,410 | €24,322 | -€9,087 | -27.2% |
| Land and buildings | 22 | €4,776 | €4,080 | -€696 | -14.6% |
| Plant, machinery and equipment | 23 | €12,871 | €9,609 | -€3,262 | -25.3% |
| Furniture and vehicles | 24 | €15,763 | €10,633 | -€5,130 | -32.5% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €116,848 | €119,352 | +€2,504 | +2.1% |
| Stocks and contracts in progress | 3 | €84,798 | €85,461 | +€664 | +0.8% |
| Stocks | 30/36 | €84,798 | €85,461 | +€664 | +0.8% |
| Amounts receivable within one year | 40/41 | €4,506 | €2,380 | -€2,126 | -47.2% |
| Trade receivables | 40 | €3,082 | €1,844 | -€1,237 | -40.1% |
| Other amounts receivable | 41 | €1,425 | €535 | -€889 | -62.4% |
| Cash at bank and in hand | 54/58 | €27,544 | €31,511 | +€3,967 | +14.4% |
| Total equity and liabilities | 10/49 | €151,323 | €144,700 | -€6,623 | -4.4% |
| Equity | 10/15 | €17,167 | €16,591 | -€576 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11 | €11 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11 | €11 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11 | €11 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,956 | €10,380 | -€576 | -5.3% |
| Amounts payable | 17/49 | €134,156 | €128,109 | -€6,047 | -4.5% |
| Amounts payable within one year | 42/48 | €134,156 | €128,109 | -€6,047 | -4.5% |
| Trade debts | 44 | - | €2,628 | +€2,628 | |
| Suppliers | 440/4 | - | €2,628 | +€2,628 | |
| Taxes, remuneration and social security | 45 | €5,445 | €2,835 | -€2,609 | -47.9% |
| Taxes | 450/3 | €5,445 | €2,835 | -€2,609 | -47.9% |
| Other amounts payable | 47/48 | €128,712 | €122,646 | -€6,066 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,680 | €9,127 | -€553 | -5.7% |
| Other operating charges | 640/8 | €500 | €445 | -€55 | -11.0% |
| Gross operating margin | 9900 | €10,371 | €9,128 | -€1,243 | -12.0% |
| Operating profit (loss) | 9901 | €191 | -€444 | -€635 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.4% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.4% |
| Financial charges | 65/66B | €141 | €132 | -€10 | -6.9% |
| Recurring financial charges | 65 | €141 | €132 | -€10 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €60 | -€576 | -€636 | |
| Income taxes | 67/77 | €27 | - | -€27 | |
| Profit (loss) for the period | 9904 | €32 | -€576 | -€608 | |
| Profit (loss) for the period to be appropriated | 9905 | €32 | -€576 | -€608 |
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 23 October 2026 via checked.be.