LES COUVES: 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.
LES COUVES
Largest movements
- Receivables within one year -€5,500
down €5,500 (-55.6%), from €9,900 to €4,400
- Tangible fixed assets -€2,258
down €2,258 (-3.0%), from €74,107 to €71,849
- Cash +€2,194
up €2,194 (+191.1%), from €1,148 to €3,343
mainly Receivables within one year (+€5,500) and Net result for the year (+€3,707)
- Other debts -€8,544
down €8,544 (-21.2%), from €40,305 to €31,761
- Reserves +€3,700
new in 2025: €3,700
- Financial charges -€610
down €610 (-18.5%), from €3,291 to €2,681
- Taxes +€410
up €410 (+30.1%), from €1,363 to €1,772
- Gross operating margin -€235
down €235 (-2.0%), from €11,926 to €11,691
- Depreciation -€142
down €142 (-5.9%), from €2,400 to €2,258
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 | €85,155 | €79,592 | -€5,563 | -6.5% |
| Fixed assets | 21/28 | €74,107 | €71,849 | -€2,258 | -3.0% |
| Tangible fixed assets | 22/27 | €74,107 | €71,849 | -€2,258 | -3.0% |
| Land and buildings | 22 | €74,107 | €71,849 | -€2,258 | -3.0% |
| Current assets | 29/58 | €11,048 | €7,743 | -€3,306 | -29.9% |
| Amounts receivable within one year | 40/41 | €9,900 | €4,400 | -€5,500 | -55.6% |
| Trade receivables | 40 | €9,900 | €4,400 | -€5,500 | -55.6% |
| Cash at bank and in hand | 54/58 | €1,148 | €3,343 | +€2,194 | +191.1% |
| Total equity and liabilities | 10/49 | €85,155 | €79,592 | -€5,563 | -6.5% |
| Equity | 10/15 | €42,592 | €46,299 | +€3,707 | +8.7% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | - | €3,700 | +€3,700 | |
| Distributable reserves | 133 | - | €3,700 | +€3,700 | |
| Profit (loss) carried forward | 14 | €22,141 | €22,148 | +€7 | 0.0% |
| Amounts payable | 17/49 | €42,563 | €33,293 | -€9,270 | -21.8% |
| Amounts payable within one year | 42/48 | €42,563 | €33,293 | -€9,270 | -21.8% |
| Taxes, remuneration and social security | 45 | €2,258 | €1,532 | -€726 | -32.2% |
| Taxes | 450/3 | €2,258 | €1,532 | -€726 | -32.2% |
| Other amounts payable | 47/48 | €40,305 | €31,761 | -€8,544 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,400 | €2,258 | -€142 | -5.9% |
| Other operating charges | 640/8 | €1,235 | €1,273 | +€38 | +3.1% |
| Gross operating margin | 9900 | €11,926 | €11,691 | -€235 | -2.0% |
| Operating profit (loss) | 9901 | €8,292 | €8,161 | -€131 | -1.6% |
| Financial charges | 65/66B | €3,291 | €2,681 | -€610 | -18.5% |
| Recurring financial charges | 65 | €3,291 | €2,681 | -€610 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €5,001 | €5,480 | +€479 | +9.6% |
| Income taxes | 67/77 | €1,363 | €1,772 | +€410 | +30.1% |
| Profit (loss) for the period | 9904 | €3,638 | €3,707 | +€69 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,638 | €3,707 | +€69 | +1.9% |
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 5 October 2026 via checked.be.