LE COUTER: 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.
What changed
LE COUTER
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.5m-€506,415
Equity
€16.7m
2024 · €16.1m+€604,338
Cash
€1.8m
2024 · €2.6m-€802,031
Balance sheet total
€24.0m
2024 · €21.9m+€2.1m
Largest movements
Assets
- Current investments +€3.7m
up €3.7m (+181.5%), from €2.1m to €5.8m
- Stocks and contracts -€1.5m
down €1.5m (-11.2%), from €13.4m to €11.9m
- Cash -€802,031
down €802,031 (-30.3%), from €2.6m to €1.8m
mainly Current investments (-€3.7m) and Receivables within one year (-€505,765)
- Receivables within one year +€505,765
up €505,765 (+21.5%), from €2.3m to €2.9m
of which Trade receivables: +€844,094
Equity and liabilities
- Trade debts +€1.0m
up €1.0m (+19.0%), from €5.4m to €6.5m
- Reserves +€842,000
up €842,000 (+16.2%), from €5.2m to €6.0m
of which Tax-exempt reserves: +€604,135
- Other debts +€430,048
up €430,048 (+14705.1%), from €2,924 to €432,973
Income statement
- Turnover +€2.0m
up €2.0m (+4.8%), from €42.0m to €44.0m
- Goods and materials +€1.9m
up €1.9m (+4.7%), from €41.0m to €43.0m
of which Change in stocks: decrease (increase): +€2.9m
- Other operating income -€471,482
down €471,482 (-9.9%), from €4.8m to €4.3m
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.
Result 2024
€1.5m
Turnover
+€2.0m
Other operating income
-€471,482
Goods and materials
-€1.9m
Services and other goods
-€229,294
Staff costs
-€121,357
Depreciation
+€19,964
Write-downs
+€2,868
Other operating charges
-€18,154
Financial income
+€41,431
Financial charges
+€331
Taxes
+€192,071
Result 2025
€1.0m
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.
From operations
+€3.6m
Investment
-€4.0m
Financing
-€430,000
Cash 2024
€2.6m
From operations (derived)
+€3.6m
Net result for the year
+€1.0m
Depreciation
+€262,403
Stocks and contracts
+€1.5m
Receivables within one year
-€505,765
Deferred charges and accrued income
-€178,188
Trade debts
+€1.0m
Tax, wage and social debts
+€13,336
Other debts
+€430,048
Investment (derived)
-€4.0m
Investment in fixed assets (net)
-€219,001
Current investments
-€3.7m
Financing
-€430,000
Contributions, distributions and other
-€430,000
Cash 2025
€1.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,888,111 | €23,967,148 | +€2.1m | +9.5% |
| Fixed assets | 21/28 | €1,402,834 | €1,359,432 | -€43,402 | -3.1% |
| Tangible fixed assets | 22/27 | €1,363,721 | €1,316,944 | -€46,777 | -3.4% |
| Land and buildings | 22 | €360,917 | €309,447 | -€51,469 | -14.3% |
| Plant, machinery and equipment | 23 | €414,699 | €399,751 | -€14,948 | -3.6% |
| Furniture and vehicles | 24 | €588,106 | €607,746 | +€19,641 | +3.3% |
| Financial fixed assets | 28 | €39,113 | €42,488 | +€3,375 | +8.6% |
| Other financial fixed assets | 284/8 | €39,113 | €42,488 | +€3,375 | +8.6% |
| Amounts receivable and cash guarantees | 285/8 | €39,113 | €42,488 | +€3,375 | +8.6% |
| Current assets | 29/58 | €20,485,277 | €22,607,716 | +€2.1m | +10.4% |
| Stocks and contracts in progress | 3 | €13,407,263 | €11,903,279 | -€1.5m | -11.2% |
| Stocks | 30/36 | €13,407,263 | €11,903,279 | -€1.5m | -11.2% |
| Goods purchased for resale | 34 | €13,407,263 | €11,903,279 | -€1.5m | -11.2% |
| Amounts receivable within one year | 40/41 | €2,349,619 | €2,855,384 | +€505,765 | +21.5% |
| Trade receivables | 40 | €1,358,403 | €2,202,497 | +€844,094 | +62.1% |
| Other amounts receivable | 41 | €991,217 | €652,887 | -€338,330 | -34.1% |
| Current investments | 50/53 | €2,063,500 | €5,808,000 | +€3.7m | +181.5% |
| Other investments | 51/53 | €2,063,500 | €5,808,000 | +€3.7m | +181.5% |
| Cash at bank and in hand | 54/58 | €2,643,299 | €1,841,268 | -€802,031 | -30.3% |
| Deferred charges and accrued income | 490/1 | €21,596 | €199,785 | +€178,188 | +825.1% |
| Total equity and liabilities | 10/49 | €21,888,111 | €23,967,148 | +€2.1m | +9.5% |
| Equity | 10/15 | €16,129,426 | €16,733,764 | +€604,338 | +3.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €5,203,898 | €6,045,898 | +€842,000 | +16.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,018,666 | €2,622,801 | +€604,135 | +29.9% |
| Distributable reserves | 133 | €3,179,083 | €3,416,948 | +€237,865 | +7.5% |
| Profit (loss) carried forward | 14 | €10,855,570 | €10,617,908 | -€237,662 | -2.2% |
| Investment grants | 15 | €8,458 | €8,458 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,355 | €4,355 | = | 0.0% |
| Deferred taxes | 168 | €4,355 | €4,355 | = | 0.0% |
| Amounts payable | 17/49 | €5,754,330 | €7,229,029 | +€1.5m | +25.6% |
| Amounts payable within one year | 42/48 | €5,754,330 | €7,229,029 | +€1.5m | +25.6% |
| Trade debts | 44 | €5,425,752 | €6,457,067 | +€1.0m | +19.0% |
| Suppliers | 440/4 | €5,425,752 | €6,457,067 | +€1.0m | +19.0% |
| Taxes, remuneration and social security | 45 | €325,653 | €338,989 | +€13,336 | +4.1% |
| Taxes | 450/3 | €106 | - | -€106 | |
| Remuneration and social security | 454/9 | €325,547 | €338,989 | +€13,442 | +4.1% |
| Other amounts payable | 47/48 | €2,924 | €432,973 | +€430,048 | +14705.1% |
| Operating income | 70/76A | €46,755,647 | €48,303,048 | +€1.5m | +3.3% |
| Turnover | 70 | €41,983,936 | €44,002,820 | +€2.0m | +4.8% |
| Other operating income | 74 | €4,771,710 | €4,300,228 | -€471,482 | -9.9% |
| Operating charges | 60/66A | €44,758,828 | €47,046,477 | +€2.3m | +5.1% |
| Goods for resale, raw materials and consumables | 60 | €41,014,841 | €42,956,517 | +€1.9m | +4.7% |
| Purchases | 600/8 | €42,444,853 | €41,452,535 | -€992,317 | -2.3% |
| Change in stocks: decrease (increase) | 609 | -€1,430,012 | €1,503,982 | +€2.9m | |
| Services and other goods | 61 | €1,323,964 | €1,553,258 | +€229,294 | +17.3% |
| Remuneration, social security and pensions | 62 | €2,037,406 | €2,158,763 | +€121,357 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,367 | €262,403 | -€19,964 | -7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,868 | - | -€2,868 | |
| Other operating charges | 640/8 | €97,382 | €115,536 | +€18,154 | +18.6% |
| Operating profit (loss) | 9901 | €1,996,819 | €1,256,571 | -€740,248 | -37.1% |
| Financial income | 75/76B | €62,054 | €103,485 | +€41,431 | +66.8% |
| Recurring financial income | 75 | €62,054 | €103,485 | +€41,431 | +66.8% |
| Income from current assets | 751 | €47,748 | €99,225 | +€51,477 | +107.8% |
| Other financial income | 752/9 | €14,306 | €4,260 | -€10,047 | -70.2% |
| Financial charges | 65/66B | €1,077 | €745 | -€331 | -30.8% |
| Recurring financial charges | 65 | €1,077 | €745 | -€331 | -30.8% |
| Debt charges | 650 | €678 | - | -€678 | |
| Other financial charges | 652/9 | €399 | €745 | +€347 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €2,057,797 | €1,359,311 | -€698,485 | -33.9% |
| Income taxes | 67/77 | €517,044 | €324,973 | -€192,071 | -37.1% |
| Taxes | 670/3 | €517,044 | €325,000 | -€192,044 | -37.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €27 | +€27 | |
| Profit (loss) for the period | 9904 | €1,540,753 | €1,034,338 | -€506,415 | -32.9% |
| Transfer from tax-exempt reserves | 789 | €640,308 | €237,865 | -€402,443 | -62.9% |
| Transfer to tax-exempt reserves | 689 | €631,500 | €842,000 | +€210,500 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,549,561 | €430,203 | -€1.1m | -72.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.