LE COIN D'OR: what changed
LE COIN D'OR
Largest movements
- Cash +€132,433
up €132,433 (+30.8%), from €430,499 to €562,933
mainly Trade debts (+€111,132) and Net result for the year (+€82,780)
- Receivables within one year +€34,720
up €34,720 (+37.5%), from €92,487 to €127,207
of which Trade receivables: +€35,509
- Tangible fixed assets +€22,237
new in 2025: €22,237
- Trade debts +€111,132
up €111,132 (+90.7%), from €122,519 to €233,651
- Profit (loss) carried forward +€82,780
up €82,780 (+38.3%), from €216,034 to €298,814
- Debts after one year -€15,486
down €15,486 (-19.4%), from €79,812 to €64,326
of which Financial debts: -€15,486
- Tax, wage and social debts +€10,368
up €10,368 (+16.1%), from €64,334 to €74,701
of which Taxes: +€10,581
- Turnover -€466,928
no longer reported in 2025 (was €466,928)
- Purchases and services -€352,105
no longer reported in 2025 (was €352,105)
- Gross operating margin +€42,108
up €42,108 (+36.7%), from €114,822 to €156,931
- Other operating charges +€17,531
up €17,531 (+188%), from €9,341 to €26,872
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,123 | €713,531 | +€189,408 | +36.1% |
| Fixed assets | 21/28 | - | €22,237 | +€22,237 | |
| Tangible fixed assets | 22/27 | - | €22,237 | +€22,237 | |
| Furniture and vehicles | 24 | - | €22,237 | +€22,237 | |
| Current assets | 29/58 | €524,123 | €691,294 | +€167,171 | +31.9% |
| Amounts receivable within one year | 40/41 | €92,487 | €127,207 | +€34,720 | +37.5% |
| Trade receivables | 40 | €22,289 | €57,798 | +€35,509 | +159% |
| Other amounts receivable | 41 | €70,197 | €69,408 | -€789 | -1.1% |
| Cash at bank and in hand | 54/58 | €430,499 | €562,933 | +€132,433 | +30.8% |
| Deferred charges and accrued income | 490/1 | €1,137 | €1,155 | +€18 | +1.6% |
| Total equity and liabilities | 10/49 | €524,123 | €713,531 | +€189,408 | +36.1% |
| Equity | 10/15 | €242,494 | €325,274 | +€82,780 | +34.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,034 | €298,814 | +€82,780 | +38.3% |
| Amounts payable | 17/49 | €281,629 | €388,257 | +€106,628 | +37.9% |
| Amounts payable after more than one year | 17 | €79,812 | €64,326 | -€15,486 | -19.4% |
| Financial debts | 170/4 | €63,812 | €48,326 | -€15,486 | -24.3% |
| Other amounts payable | 178/9 | €16,000 | €16,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €201,816 | €323,931 | +€122,114 | +60.5% |
| Current portion of amounts payable after more than one year | 42 | €14,964 | €15,486 | +€523 | +3.5% |
| Trade debts | 44 | €122,519 | €233,651 | +€111,132 | +90.7% |
| Suppliers | 440/4 | €122,519 | €233,651 | +€111,132 | +90.7% |
| Taxes, remuneration and social security | 45 | €64,334 | €74,701 | +€10,368 | +16.1% |
| Taxes | 450/3 | €62,356 | €72,937 | +€10,581 | +17.0% |
| Remuneration and social security | 454/9 | €1,978 | €1,765 | -€213 | -10.8% |
| Other amounts payable | 47/48 | - | €92 | +€92 | |
| Turnover | 70 | €466,928 | - | -€466,928 | |
| Goods, raw materials, services and sundry goods | 60/61 | €352,105 | - | -€352,105 | |
| Remuneration, social security and pensions | 62 | €216 | €3,394 | +€3,179 | +1,474% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €2,892 | +€2,682 | +1,276% |
| Other operating charges | 640/8 | €9,341 | €26,872 | +€17,531 | +188% |
| Gross operating margin | 9900 | €114,822 | €156,931 | +€42,108 | +36.7% |
| Operating profit (loss) | 9901 | €105,056 | €123,772 | +€18,716 | +17.8% |
| Financial charges | 65/66B | €1,462 | €3,240 | +€1,778 | +122% |
| Recurring financial charges | 65 | €1,462 | €3,240 | +€1,778 | +122% |
| Profit (loss) for the period before taxes | 9903 | €103,594 | €120,532 | +€16,938 | +16.4% |
| Income taxes | 67/77 | €34,750 | €37,752 | +€3,002 | +8.6% |
| Profit (loss) for the period | 9904 | €68,844 | €82,780 | +€13,936 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,844 | €82,780 | +€13,936 | +20.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.