R20 CoachIT: 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.
R20 CoachIT
Largest movements
- Tangible fixed assets +€15,536
up €15,536 (+356%), from €4,370 to €19,906
of which Furniture and vehicles: +€15,992
- Cash -€1,541
down €1,541 (-3.9%), from €39,872 to €38,331
mainly Investment in fixed assets (net) (-€18,639) and Other debts (-€17,749)
- Other debts -€17,749
down €17,749 (-99.2%), from €17,900 to €151
- Profit (loss) carried forward +€16,716
up €16,716 (+58.6%), from €28,532 to €45,248
- Tax, wage and social debts +€15,065
up €15,065 (+122%), from €12,325 to €27,390
- Gross operating margin -€5,273
down €5,273 (-14.0%), from €37,760 to €32,487
- Taxes +€4,820
up €4,820 (+64.0%), from €7,528 to €12,348
- Depreciation +€2,856
up €2,856 (+1,156%), from €247 to €3,103
- Financial charges -€1,318
down €1,318 (-96.1%), from €1,371 to €53
of which Financial charges: -€1,333
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 | €61,325 | €74,790 | +€13,465 | +22.0% |
| Fixed assets | 21/28 | €4,370 | €19,906 | +€15,536 | +356% |
| Tangible fixed assets | 22/27 | €4,370 | €19,906 | +€15,536 | +356% |
| Plant, machinery and equipment | 23 | €2,091 | €1,635 | -€456 | -21.8% |
| Furniture and vehicles | 24 | €2,279 | €18,271 | +€15,992 | +702% |
| Current assets | 29/58 | €56,955 | €54,884 | -€2,071 | -3.6% |
| Amounts receivable within one year | 40/41 | €16,988 | €16,553 | -€435 | -2.6% |
| Trade receivables | 40 | €16,988 | €16,553 | -€435 | -2.6% |
| Cash at bank and in hand | 54/58 | €39,872 | €38,331 | -€1,541 | -3.9% |
| Deferred charges and accrued income | 490/1 | €95 | - | -€95 | |
| Total equity and liabilities | 10/49 | €61,325 | €74,790 | +€13,465 | +22.0% |
| Equity | 10/15 | €30,532 | €47,248 | +€16,716 | +54.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,532 | €45,248 | +€16,716 | +58.6% |
| Amounts payable | 17/49 | €30,793 | €27,542 | -€3,251 | -10.6% |
| Amounts payable within one year | 42/48 | €30,779 | €27,541 | -€3,238 | -10.5% |
| Trade debts | 44 | €554 | - | -€554 | |
| Suppliers | 440/4 | €554 | - | -€554 | |
| Taxes, remuneration and social security | 45 | €12,325 | €27,390 | +€15,065 | +122% |
| Taxes | 450/3 | €12,325 | €27,390 | +€15,065 | +122% |
| Other amounts payable | 47/48 | €17,900 | €151 | -€17,749 | -99.2% |
| Accrued charges and deferred income | 492/3 | €14 | €1 | -€13 | -92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €3,103 | +€2,856 | +1,156% |
| Other operating charges | 640/8 | €82 | €267 | +€185 | +226% |
| Gross operating margin | 9900 | €37,760 | €32,487 | -€5,273 | -14.0% |
| Operating profit (loss) | 9901 | €37,431 | €29,117 | -€8,314 | -22.2% |
| Financial charges | 65/66B | €1,371 | €53 | -€1,318 | -96.1% |
| Recurring financial charges | 65 | €1,371 | €38 | -€1,333 | -97.2% |
| Non-recurring financial charges | 66B | - | €15 | +€15 | |
| Profit (loss) for the period before taxes | 9903 | €36,060 | €29,064 | -€6,996 | -19.4% |
| Income taxes | 67/77 | €7,528 | €12,348 | +€4,820 | +64.0% |
| Profit (loss) for the period | 9904 | €28,532 | €16,716 | -€11,816 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,532 | €16,716 | -€11,816 | -41.4% |
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 13 October 2026 via checked.be.