Mathilde Coste: 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.
Mathilde Coste
Largest movements
- Cash +€8,327
up €8,327 (+14.1%), from €59,021 to €67,348
mainly Net result for the year (+€7,043) and Trade debts (+€4,331)
- Deferred charges and accrued income -€1,814
down €1,814 (-70.2%), from €2,583 to €770
- Receivables within one year +€1,195
new in 2025: €1,195
- Profit (loss) carried forward +€7,043
up €7,043 (+22.3%), from €31,641 to €38,684
- Tax, wage and social debts -€5,792
down €5,792 (-46.2%), from €12,542 to €6,750
- Trade debts +€4,331
up €4,331 (+404.7%), from €1,070 to €5,401
- Contributions +€2,000
new in 2025: €2,000
- Gross operating margin -€31,683
down €31,683 (-76.6%), from €41,356 to €9,673
- Taxes -€3,787
down €3,787 (-65.4%), from €5,792 to €2,005
- Depreciation -€613
down €613 (-88.5%), from €693 to €80
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 | €61,684 | €69,312 | +€7,628 | +12.4% |
| Fixed assets | 21/28 | €80 | - | -€80 | |
| Tangible fixed assets | 22/27 | €80 | - | -€80 | |
| Furniture and vehicles | 24 | €80 | - | -€80 | |
| Current assets | 29/58 | €61,604 | €69,312 | +€7,708 | +12.5% |
| Amounts receivable within one year | 40/41 | - | €1,195 | +€1,195 | |
| Other amounts receivable | 41 | - | €1,195 | +€1,195 | |
| Cash at bank and in hand | 54/58 | €59,021 | €67,348 | +€8,327 | +14.1% |
| Deferred charges and accrued income | 490/1 | €2,583 | €770 | -€1,814 | -70.2% |
| Total equity and liabilities | 10/49 | €61,684 | €69,312 | +€7,628 | +12.4% |
| Equity | 10/15 | €31,641 | €40,684 | +€9,043 | +28.6% |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €31,641 | €38,684 | +€7,043 | +22.3% |
| Amounts payable | 17/49 | €30,043 | €28,628 | -€1,415 | -4.7% |
| Amounts payable within one year | 42/48 | €30,043 | €28,628 | -€1,415 | -4.7% |
| Trade debts | 44 | €1,070 | €5,401 | +€4,331 | +404.7% |
| Suppliers | 440/4 | €1,070 | €5,401 | +€4,331 | +404.7% |
| Taxes, remuneration and social security | 45 | €12,542 | €6,750 | -€5,792 | -46.2% |
| Taxes | 450/3 | €12,542 | €6,750 | -€5,792 | -46.2% |
| Other amounts payable | 47/48 | €16,431 | €16,477 | +€47 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €693 | €80 | -€613 | -88.5% |
| Other operating charges | 640/8 | €387 | €81 | -€306 | -79.1% |
| Gross operating margin | 9900 | €41,356 | €9,673 | -€31,683 | -76.6% |
| Operating profit (loss) | 9901 | €40,275 | €9,511 | -€30,764 | -76.4% |
| Financial charges | 65/66B | €864 | €463 | -€401 | -46.4% |
| Recurring financial charges | 65 | €864 | €463 | -€401 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €39,411 | €9,048 | -€30,363 | -77.0% |
| Income taxes | 67/77 | €5,792 | €2,005 | -€3,787 | -65.4% |
| Profit (loss) for the period | 9904 | €33,619 | €7,043 | -€26,576 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,619 | €7,043 | -€26,576 | -79.1% |
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 29 September 2026 via checked.be.