EL COYOTE: 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.
EL COYOTE
Largest movements
- Cash +€8,862
up €8,862 (+14.1%), from €62,983 to €71,846
mainly Provisions (+€741,205) and Depreciation (+€6,134)
- Tangible fixed assets +€2,686
up €2,686 (+21.3%), from €12,605 to €15,291
of which Other tangible fixed assets: +€3,674
- Provisions +€741,205
new in 2025: €741,205
- Profit (loss) carried forward -€731,055
down €731,055, from €80,240 to -€650,815
- Tax, wage and social debts -€3,975
down €3,975 (-16.6%), from €23,932 to €19,956
of which Remuneration and social security: -€3,442
- Trade debts +€3,384
up €3,384 (+34.0%), from €9,956 to €13,340
- Provisions +€741,205
new in 2025: €741,205
- Gross operating margin -€5,791
down €5,791 (-4.3%), from €133,742 to €127,951
- Staff costs -€1,355
down €1,355 (-1.3%), from €105,058 to €103,703
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 | €137,861 | €148,286 | +€10,425 | +7.6% |
| Fixed assets | 21/28 | €12,905 | €15,591 | +€2,686 | +20.8% |
| Tangible fixed assets | 22/27 | €12,605 | €15,291 | +€2,686 | +21.3% |
| Plant, machinery and equipment | 23 | €1,504 | €1,290 | -€214 | -14.3% |
| Furniture and vehicles | 24 | €4,121 | €3,346 | -€774 | -18.8% |
| Other tangible fixed assets | 26 | €6,981 | €10,655 | +€3,674 | +52.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €124,955 | €132,695 | +€7,739 | +6.2% |
| Stocks and contracts in progress | 3 | €21,911 | €21,791 | -€120 | -0.5% |
| Stocks | 30/36 | €21,911 | €21,791 | -€120 | -0.5% |
| Amounts receivable within one year | 40/41 | €37,744 | €37,526 | -€218 | -0.6% |
| Trade receivables | 40 | €2,197 | €99 | -€2,099 | -95.5% |
| Other amounts receivable | 41 | €35,547 | €37,427 | +€1,880 | +5.3% |
| Cash at bank and in hand | 54/58 | €62,983 | €71,846 | +€8,862 | +14.1% |
| Deferred charges and accrued income | 490/1 | €2,317 | €1,533 | -€784 | -33.9% |
| Total equity and liabilities | 10/49 | €137,861 | €148,286 | +€10,425 | +7.6% |
| Equity | 10/15 | €102,240 | -€628,815 | -€731,055 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,240 | -€650,815 | -€731,055 | |
| Provisions and deferred taxes | 16 | - | €741,205 | +€741,205 | |
| Provisions for liabilities and charges | 160/5 | - | €741,205 | +€741,205 | |
| Taxes | 161 | - | €741,205 | +€741,205 | |
| Amounts payable | 17/49 | €35,621 | €35,896 | +€275 | +0.8% |
| Amounts payable within one year | 42/48 | €35,621 | €34,496 | -€1,125 | -3.2% |
| Trade debts | 44 | €9,956 | €13,340 | +€3,384 | +34.0% |
| Suppliers | 440/4 | €9,956 | €13,340 | +€3,384 | +34.0% |
| Taxes, remuneration and social security | 45 | €23,932 | €19,956 | -€3,975 | -16.6% |
| Taxes | 450/3 | €8,757 | €8,223 | -€534 | -6.1% |
| Remuneration and social security | 454/9 | €15,175 | €11,733 | -€3,442 | -22.7% |
| Other amounts payable | 47/48 | €1,733 | €1,200 | -€533 | -30.8% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Non-recurring operating income | 76A | €8,700 | - | -€8,700 | |
| Remuneration, social security and pensions | 62 | €105,058 | €103,703 | -€1,355 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,960 | €6,134 | +€1,174 | +23.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €741,205 | +€741,205 | |
| Other operating charges | 640/8 | €2,004 | €1,852 | -€152 | -7.6% |
| Gross operating margin | 9900 | €133,742 | €127,951 | -€5,791 | -4.3% |
| Operating profit (loss) | 9901 | €21,720 | -€724,943 | -€746,663 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +24.2% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +24.2% |
| Financial charges | 65/66B | €2,972 | €3,033 | +€61 | +2.0% |
| Recurring financial charges | 65 | €2,972 | €3,033 | +€61 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €18,748 | -€727,976 | -€746,724 | |
| Income taxes | 67/77 | €2,410 | €3,080 | +€670 | +27.8% |
| Profit (loss) for the period | 9904 | €16,338 | -€731,055 | -€747,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,338 | -€731,055 | -€747,394 |
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 30 October 2026 via checked.be.