Dimas Coetsier: 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.
Dimas Coetsier
Largest movements
- Cash -€92,067
down €92,067 (-88.7%), from €103,836 to €11,769
mainly Other debts (-€86,763) and Contributions, distributions and other (-€63,076)
- Receivables within one year +€10,600
up €10,600 (+464.7%), from €2,281 to €12,881
of which Trade receivables: +€6,148
- Other debts -€86,763
down €86,763 (-89.6%), from €96,839 to €10,076
- Trade debts +€3,999
up €3,999 (+280.8%), from €1,424 to €5,423
- Gross operating margin +€30,075
up €30,075 (+58.8%), from €51,159 to €81,234
- Taxes +€6,379
up €6,379 (+58.5%), from €10,914 to €17,293
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 | €107,834 | €25,713 | -€82,122 | -76.2% |
| Fixed assets | 21/28 | €1,215 | €920 | -€295 | -24.3% |
| Tangible fixed assets | 22/27 | €1,215 | €920 | -€295 | -24.3% |
| Plant, machinery and equipment | 23 | €429 | €216 | -€214 | -49.8% |
| Other tangible fixed assets | 26 | €786 | €704 | -€82 | -10.4% |
| Current assets | 29/58 | €106,619 | €24,793 | -€81,826 | -76.7% |
| Amounts receivable within one year | 40/41 | €2,281 | €12,881 | +€10,600 | +464.7% |
| Trade receivables | 40 | €38 | €6,186 | +€6,148 | +16186.8% |
| Other amounts receivable | 41 | €2,243 | €6,695 | +€4,452 | +198.5% |
| Cash at bank and in hand | 54/58 | €103,836 | €11,769 | -€92,067 | -88.7% |
| Deferred charges and accrued income | 490/1 | €502 | €143 | -€359 | -71.6% |
| Total equity and liabilities | 10/49 | €107,834 | €25,713 | -€82,122 | -76.2% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €105,834 | €23,713 | -€82,122 | -77.6% |
| Amounts payable within one year | 42/48 | €105,834 | €23,713 | -€82,122 | -77.6% |
| Trade debts | 44 | €1,424 | €5,423 | +€3,999 | +280.8% |
| Suppliers | 440/4 | €1,424 | €5,423 | +€3,999 | +280.8% |
| Advances received on contracts in progress | 46 | - | €581 | +€581 | |
| Taxes, remuneration and social security | 45 | €7,571 | €7,633 | +€61 | +0.8% |
| Taxes | 450/3 | €7,571 | €7,633 | +€61 | +0.8% |
| Other amounts payable | 47/48 | €96,839 | €10,076 | -€86,763 | -89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €244 | €295 | +€51 | +21.0% |
| Other operating charges | 640/8 | €888 | €544 | -€344 | -38.7% |
| Gross operating margin | 9900 | €51,159 | €81,234 | +€30,075 | +58.8% |
| Operating profit (loss) | 9901 | €50,027 | €80,394 | +€30,367 | +60.7% |
| Financial income | 75/76B | €522 | €98 | -€424 | -81.3% |
| Recurring financial income | 75 | €522 | €98 | -€424 | -81.3% |
| Financial charges | 65/66B | €69 | €123 | +€54 | +77.8% |
| Recurring financial charges | 65 | €69 | €123 | +€54 | +77.8% |
| Profit (loss) for the period before taxes | 9903 | €50,480 | €80,369 | +€29,889 | +59.2% |
| Income taxes | 67/77 | €10,914 | €17,293 | +€6,379 | +58.5% |
| Profit (loss) for the period | 9904 | €39,567 | €63,076 | +€23,510 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,567 | €63,076 | +€23,510 | +59.4% |
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 7 October 2026 via checked.be.