GROEP COEKAERTS: 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.
GROEP COEKAERTS
Largest movements
- Tangible fixed assets -€42,902
down €42,902 (-4.1%), from €1.0m to €992,894
of which Land and buildings: -€30,927
- Profit (loss) carried forward -€53,300
down €53,300 (-14.4%), from -€369,169 to -€422,470
- Gross operating margin +€21,733
up €21,733, from -€13,990 to €7,744
- Other operating charges +€375
up €375 (+9.4%), from €3,997 to €4,372
- Depreciation +€151
up €151 (+0.4%), from €42,708 to €42,859
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 | €1,592,512 | €1,552,539 | -€39,972 | -2.5% |
| Fixed assets | 21/28 | €1,035,796 | €992,894 | -€42,902 | -4.1% |
| Tangible fixed assets | 22/27 | €1,035,796 | €992,894 | -€42,902 | -4.1% |
| Land and buildings | 22 | €952,970 | €922,043 | -€30,927 | -3.2% |
| Plant, machinery and equipment | 23 | €82,826 | €70,851 | -€11,975 | -14.5% |
| Current assets | 29/58 | €556,716 | €559,646 | +€2,930 | +0.5% |
| Amounts receivable within one year | 40/41 | €508,479 | €508,110 | -€369 | -0.1% |
| Trade receivables | 40 | €1,110 | €1,110 | = | 0.0% |
| Other amounts receivable | 41 | €507,369 | €507,000 | -€369 | -0.1% |
| Cash at bank and in hand | 54/58 | €13,869 | €18,228 | +€4,359 | +31.4% |
| Deferred charges and accrued income | 490/1 | €34,368 | €33,308 | -€1,059 | -3.1% |
| Total equity and liabilities | 10/49 | €1,592,512 | €1,552,539 | -€39,972 | -2.5% |
| Equity | 10/15 | €157,331 | €104,030 | -€53,300 | -33.9% |
| Contributions | 10/11 | €219,000 | €219,000 | = | 0.0% |
| Capital | 10 | €219,000 | €219,000 | = | 0.0% |
| Issued capital | 100 | €219,000 | €219,000 | = | 0.0% |
| Reserves | 13 | €307,500 | €307,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€369,169 | -€422,470 | -€53,300 | -14.4% |
| Amounts payable | 17/49 | €1,435,181 | €1,448,509 | +€13,328 | +0.9% |
| Amounts payable within one year | 42/48 | €1,435,181 | €1,448,509 | +€13,328 | +0.9% |
| Trade debts | 44 | €433 | €0 | -€433 | -100% |
| Suppliers | 440/4 | €433 | €0 | -€433 | -100% |
| Taxes, remuneration and social security | 45 | €2,352 | €1,570 | -€781 | -33.2% |
| Taxes | 450/3 | €2,352 | €1,570 | -€781 | -33.2% |
| Other amounts payable | 47/48 | €1,432,396 | €1,446,939 | +€14,543 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,708 | €42,859 | +€151 | +0.4% |
| Other operating charges | 640/8 | €3,997 | €4,372 | +€375 | +9.4% |
| Gross operating margin | 9900 | -€13,990 | €7,744 | +€21,733 | |
| Operating profit (loss) | 9901 | -€60,695 | -€39,487 | +€21,208 | +34.9% |
| Financial charges | 65/66B | €13,749 | €13,813 | +€64 | +0.5% |
| Recurring financial charges | 65 | €13,749 | €13,813 | +€64 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€74,444 | -€53,300 | +€21,144 | +28.4% |
| Profit (loss) for the period | 9904 | -€74,444 | -€53,300 | +€21,144 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,444 | -€53,300 | +€21,144 | +28.4% |
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 28 October 2026 via checked.be.