Open Coconut: 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.
Open Coconut
Largest movements
- Tangible fixed assets -€5,877
down €5,877 (-20.9%), from €28,086 to €22,209
- Receivables within one year -€2,756
down €2,756 (-97.4%), from €2,831 to €75
of which Other amounts receivable: -€2,616
- Cash +€2,723
up €2,723 (+125.0%), from €2,178 to €4,901
mainly Depreciation (+€5,877) and Receivables within one year (+€2,756)
- Profit (loss) carried forward -€7,624
down €7,624 (-2.0%), from -€376,552 to -€384,176
- Current portion of long-term debt +€1,302
up €1,302 (+1.2%), from €105,469 to €106,771
- Trade debts +€412
up €412 (+1.0%), from €39,318 to €39,730
- Gross operating margin +€15,860
up €15,860 (+97.8%), from -€16,215 to -€355
- Depreciation -€2,357
down €2,357 (-28.6%), from €8,234 to €5,877
- Financial charges -€2,267
down €2,267 (-62.0%), from €3,659 to €1,392
From the 01-08-2025 result to the 31-12-2025 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 01-08-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 01-08-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,095 | €27,185 | -€5,910 | -17.9% |
| Fixed assets | 21/28 | €28,086 | €22,209 | -€5,877 | -20.9% |
| Tangible fixed assets | 22/27 | €28,086 | €22,209 | -€5,877 | -20.9% |
| Furniture and vehicles | 24 | €28,086 | €22,209 | -€5,877 | -20.9% |
| Current assets | 29/58 | €5,009 | €4,976 | -€33 | -0.7% |
| Amounts receivable within one year | 40/41 | €2,831 | €75 | -€2,756 | -97.4% |
| Trade receivables | 40 | €140 | - | -€140 | |
| Other amounts receivable | 41 | €2,691 | €75 | -€2,616 | -97.2% |
| Cash at bank and in hand | 54/58 | €2,178 | €4,901 | +€2,723 | +125.0% |
| Total equity and liabilities | 10/49 | €33,095 | €27,185 | -€5,910 | -17.9% |
| Equity | 10/15 | -€116,552 | -€124,176 | -€7,624 | -6.5% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€376,552 | -€384,176 | -€7,624 | -2.0% |
| Provisions and deferred taxes | 16 | €4,455 | €4,455 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,455 | €4,455 | = | 0.0% |
| Other liabilities and charges | 164/5 | €4,455 | €4,455 | = | 0.0% |
| Amounts payable | 17/49 | €145,192 | €146,906 | +€1,714 | +1.2% |
| Amounts payable within one year | 42/48 | €145,192 | €146,906 | +€1,714 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €105,469 | €106,771 | +€1,302 | +1.2% |
| Trade debts | 44 | €39,318 | €39,730 | +€412 | +1.0% |
| Suppliers | 440/4 | €39,318 | €39,730 | +€412 | +1.0% |
| Taxes, remuneration and social security | 45 | €405 | €405 | = | 0.0% |
| Taxes | 450/3 | €405 | €405 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,234 | €5,877 | -€2,357 | -28.6% |
| Gross operating margin | 9900 | -€16,215 | -€355 | +€15,860 | +97.8% |
| Operating profit (loss) | 9901 | -€24,449 | -€6,232 | +€18,217 | +74.5% |
| Financial charges | 65/66B | €3,659 | €1,392 | -€2,267 | -62.0% |
| Recurring financial charges | 65 | €3,659 | €1,392 | -€2,267 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | -€28,108 | -€7,624 | +€20,484 | +72.9% |
| Profit (loss) for the period | 9904 | -€28,108 | -€7,624 | +€20,484 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,108 | -€7,624 | +€20,484 | +72.9% |
Source: filed annual accounts (NBB), financial years ended 1 August 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.