LE COUP VERT: 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.
LE COUP VERT
Largest movements
- Financial fixed assets +€16,674
up €16,674 (+2124.1%), from €785 to €17,459
- Cash +€5,943
up €5,943 (+407.8%), from €1,458 to €7,401
mainly Other debts (+€49,318) and Trade debts (+€5,313)
- Stocks and contracts -€1,263
down €1,263 (-14.5%), from €8,721 to €7,459
- Deferred charges and accrued income -€837
down €837 (-11.4%), from €7,320 to €6,483
- Other debts +€49,318
up €49,318, from €0 to €49,318
- Short-term financial debts -€22,501
down €22,501 (-100.0%), from €22,501 to €0
- Profit (loss) carried forward -€7,622
down €7,622 (-4.7%), from -€161,259 to -€168,881
- Trade debts +€5,313
up €5,313 (+40.2%), from €13,201 to €18,514
- Tax, wage and social debts -€4,250
down €4,250 (-12.8%), from €33,308 to €29,058
of which Taxes: -€6,389
- Gross operating margin +€10,658
up €10,658 (+11.2%), from €94,928 to €105,586
- Staff costs +€5,933
up €5,933 (+6.3%), from €93,993 to €99,925
- Depreciation -€3,968
down €3,968 (-95.7%), from €4,146 to €178
- Financial charges -€3,750
down €3,750 (-47.7%), from €7,862 to €4,112
- Other operating charges +€1,917
up €1,917 (+27.6%), from €6,934 to €8,851
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 | €19,726 | €39,983 | +€20,257 | +102.7% |
| Fixed assets | 21/28 | €963 | €17,459 | +€16,496 | +1712.2% |
| Tangible fixed assets | 22/27 | €178 | €0 | -€178 | -100.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €166 | €0 | -€166 | -100.0% |
| Furniture and vehicles | 24 | €13 | €0 | -€13 | -100.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €785 | €17,459 | +€16,674 | +2124.1% |
| Current assets | 29/58 | €18,762 | €22,524 | +€3,762 | +20.0% |
| Stocks and contracts in progress | 3 | €8,721 | €7,459 | -€1,263 | -14.5% |
| Stocks | 30/36 | €8,721 | €7,459 | -€1,263 | -14.5% |
| Amounts receivable within one year | 40/41 | €1,263 | €1,182 | -€82 | -6.5% |
| Trade receivables | 40 | €756 | €1,182 | +€426 | +56.4% |
| Other amounts receivable | 41 | €508 | €0 | -€508 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,458 | €7,401 | +€5,943 | +407.8% |
| Deferred charges and accrued income | 490/1 | €7,320 | €6,483 | -€837 | -11.4% |
| Total equity and liabilities | 10/49 | €19,726 | €39,983 | +€20,257 | +102.7% |
| Equity | 10/15 | -€124,284 | -€131,906 | -€7,622 | -6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,975 | €16,975 | = | 0.0% |
| Distributable reserves | 133 | €16,975 | €16,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,259 | -€168,881 | -€7,622 | -4.7% |
| Amounts payable | 17/49 | €144,010 | €171,889 | +€27,879 | +19.4% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,010 | €96,889 | +€27,879 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €22,501 | €0 | -€22,501 | -100.0% |
| Credit institutions | 430/8 | €22,501 | €0 | -€22,501 | -100.0% |
| Trade debts | 44 | €13,201 | €18,514 | +€5,313 | +40.2% |
| Suppliers | 440/4 | €13,201 | €18,514 | +€5,313 | +40.2% |
| Taxes, remuneration and social security | 45 | €33,308 | €29,058 | -€4,250 | -12.8% |
| Taxes | 450/3 | €15,635 | €9,246 | -€6,389 | -40.9% |
| Remuneration and social security | 454/9 | €17,673 | €19,811 | +€2,138 | +12.1% |
| Other amounts payable | 47/48 | €0 | €49,318 | +€49,318 | |
| Non-recurring operating income | 76A | €10,552 | €30,000 | +€19,448 | +184.3% |
| Remuneration, social security and pensions | 62 | €93,993 | €99,925 | +€5,933 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,146 | €178 | -€3,968 | -95.7% |
| Other operating charges | 640/8 | €6,934 | €8,851 | +€1,917 | +27.6% |
| Gross operating margin | 9900 | €94,928 | €105,586 | +€10,658 | +11.2% |
| Operating profit (loss) | 9901 | -€10,145 | -€3,369 | +€6,776 | +66.8% |
| Financial income | 75/76B | €0 | €1 | +€0 | +204.3% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +204.3% |
| Financial charges | 65/66B | €7,862 | €4,112 | -€3,750 | -47.7% |
| Recurring financial charges | 65 | €7,862 | €4,112 | -€3,750 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,007 | -€7,481 | +€10,527 | +58.5% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.1% |
| Profit (loss) for the period | 9904 | -€18,147 | -€7,622 | +€10,525 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,147 | -€7,622 | +€10,525 | +58.0% |
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 8 October 2026 via checked.be.