LINE COUCKE: 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.
LINE COUCKE
Largest movements
- Deferred charges and accrued income +€26,341
up €26,341 (+25.9%), from €101,683 to €128,024
- Cash +€24,188
up €24,188 (+10.4%), from €232,006 to €256,194
mainly Other debts (+€370,209) and Net result for the year (+€197,492)
- Receivables within one year -€5,077
down €5,077 (-67.3%), from €7,541 to €2,464
- Other debts +€370,209
new in 2025: €370,209
- Reserves -€322,936
down €322,936 (-100%), from €322,936 to €0
- Tax, wage and social debts -€6,675
down €6,675 (-24.6%), from €27,128 to €20,453
- Gross operating margin +€32,059
up €32,059 (+14.0%), from €228,911 to €260,969
- Taxes +€8,423
up €8,423 (+16.3%), from €51,752 to €60,175
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 | €361,584 | €403,315 | +€41,731 | +11.5% |
| Fixed assets | 21/28 | €20,353 | €16,633 | -€3,720 | -18.3% |
| Tangible fixed assets | 22/27 | €20,353 | €16,633 | -€3,720 | -18.3% |
| Land and buildings | 22 | €3,642 | €3,198 | -€445 | -12.2% |
| Furniture and vehicles | 24 | €16,711 | €13,435 | -€3,276 | -19.6% |
| Current assets | 29/58 | €341,231 | €386,682 | +€45,451 | +13.3% |
| Amounts receivable within one year | 40/41 | €7,541 | €2,464 | -€5,077 | -67.3% |
| Other amounts receivable | 41 | €7,541 | €2,464 | -€5,077 | -67.3% |
| Cash at bank and in hand | 54/58 | €232,006 | €256,194 | +€24,188 | +10.4% |
| Deferred charges and accrued income | 490/1 | €101,683 | €128,024 | +€26,341 | +25.9% |
| Total equity and liabilities | 10/49 | €361,584 | €403,315 | +€41,731 | +11.5% |
| Equity | 10/15 | €332,936 | €10,219 | -€322,717 | -96.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €322,936 | €0 | -€322,936 | -100% |
| Distributable reserves | 133 | €322,936 | €0 | -€322,936 | -100% |
| Profit (loss) carried forward | 14 | €0 | €219 | +€219 | |
| Amounts payable | 17/49 | €28,648 | €393,096 | +€364,448 | +1,272% |
| Amounts payable within one year | 42/48 | €28,648 | €393,096 | +€364,448 | +1,272% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,520 | €2,434 | +€913 | +60.1% |
| Suppliers | 440/4 | €1,520 | €2,434 | +€913 | +60.1% |
| Taxes, remuneration and social security | 45 | €27,128 | €20,453 | -€6,675 | -24.6% |
| Taxes | 450/3 | €27,128 | €20,453 | -€6,675 | -24.6% |
| Other amounts payable | 47/48 | - | €370,209 | +€370,209 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,404 | €4,768 | +€1,364 | +40.1% |
| Other operating charges | 640/8 | €660 | €679 | +€19 | +2.9% |
| Gross operating margin | 9900 | €228,911 | €260,969 | +€32,059 | +14.0% |
| Operating profit (loss) | 9901 | €224,847 | €255,522 | +€30,675 | +13.6% |
| Financial income | 75/76B | €510 | €2,817 | +€2,308 | +453% |
| Recurring financial income | 75 | €510 | €2,817 | +€2,308 | +453% |
| Financial charges | 65/66B | €1,264 | €672 | -€592 | -46.9% |
| Recurring financial charges | 65 | €1,264 | €672 | -€592 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €224,092 | €257,668 | +€33,575 | +15.0% |
| Income taxes | 67/77 | €51,752 | €60,175 | +€8,423 | +16.3% |
| Profit (loss) for the period | 9904 | €172,340 | €197,492 | +€25,152 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €172,340 | €197,492 | +€25,152 | +14.6% |
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 19 October 2026 via checked.be.