MASSY - COULON: 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.
MASSY - COULON
Largest movements
- Current investments -€31,018
down €31,018 (-14.5%), from €213,355 to €182,337
- Receivables within one year +€25,403
up €25,403 (+14.4%), from €176,798 to €202,201
of which Other amounts receivable: +€26,571
- Trade debts -€10,804
no longer reported in 2025 (was €10,804)
- Profit (loss) carried forward +€6,682
up €6,682 (+2.1%), from €319,936 to €326,618
- Financial income +€8,309
up €8,309 (+87.0%), from €9,554 to €17,863
- Gross operating margin -€4,155
down €4,155 (-109%), from -€3,800 to -€7,955
- Taxes +€1,510
up €1,510 (+130%), from €1,158 to €2,668
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 | €651,701 | €649,222 | -€2,479 | -0.4% |
| Current assets | 29/58 | €651,701 | €649,222 | -€2,479 | -0.4% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Trade receivables | 290 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €176,798 | €202,201 | +€25,403 | +14.4% |
| Trade receivables | 40 | €1,168 | - | -€1,168 | |
| Other amounts receivable | 41 | €175,630 | €202,201 | +€26,571 | +15.1% |
| Current investments | 50/53 | €213,355 | €182,337 | -€31,018 | -14.5% |
| Cash at bank and in hand | 54/58 | €11,548 | €13,118 | +€1,570 | +13.6% |
| Deferred charges and accrued income | 490/1 | - | €1,566 | +€1,566 | |
| Total equity and liabilities | 10/49 | €651,701 | €649,222 | -€2,479 | -0.4% |
| Equity | 10/15 | €640,262 | €646,944 | +€6,682 | +1.0% |
| Contributions | 10/11 | €312,000 | €312,000 | = | 0.0% |
| Reserves | 13 | €8,326 | €8,326 | = | 0.0% |
| Distributable reserves | 133 | €8,326 | €8,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | €319,936 | €326,618 | +€6,682 | +2.1% |
| Amounts payable | 17/49 | €11,439 | €2,278 | -€9,161 | -80.1% |
| Amounts payable after more than one year | 17 | - | €29 | +€29 | |
| Trade debts | 175 | - | €29 | +€29 | |
| Amounts payable within one year | 42/48 | €11,055 | €2,249 | -€8,806 | -79.7% |
| Trade debts | 44 | €10,804 | - | -€10,804 | |
| Suppliers | 440/4 | €10,804 | - | -€10,804 | |
| Taxes, remuneration and social security | 45 | €27 | €2,025 | +€1,998 | +7,400% |
| Taxes | 450/3 | €27 | €2,025 | +€1,998 | +7,400% |
| Other amounts payable | 47/48 | €224 | €224 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Other operating charges | 640/8 | €537 | €478 | -€59 | -11.0% |
| Gross operating margin | 9900 | -€3,800 | -€7,955 | -€4,155 | -109% |
| Operating profit (loss) | 9901 | -€4,337 | -€8,433 | -€4,096 | -94.4% |
| Financial income | 75/76B | €9,554 | €17,863 | +€8,309 | +87.0% |
| Recurring financial income | 75 | €9,554 | €17,863 | +€8,309 | +87.0% |
| Financial charges | 65/66B | €97 | €80 | -€17 | -17.5% |
| Recurring financial charges | 65 | €97 | €80 | -€17 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €5,120 | €9,350 | +€4,230 | +82.6% |
| Income taxes | 67/77 | €1,158 | €2,668 | +€1,510 | +130% |
| Profit (loss) for the period | 9904 | €3,962 | €6,682 | +€2,720 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,962 | €6,682 | +€2,720 | +68.7% |
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 31 October 2026 via checked.be.