STUDIO COUCOU: 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.
STUDIO COUCOU
Largest movements
- Tangible fixed assets -€11,326
down €11,326 (-7.3%), from €154,703 to €143,377
of which Land and buildings: -€14,087
- Cash +€3,425
up €3,425 (+32.9%), from €10,424 to €13,850
mainly Depreciation (+€25,274) and Receivables within one year (+€2,200)
- Receivables within one year -€2,200
down €2,200 (-39.5%), from €5,576 to €3,376
of which Trade receivables: -€1,999
- Profit (loss) carried forward -€10,048
down €10,048 (-6.3%), from -€158,548 to -€168,595
- Debts after one year -€3,559
down €3,559 (-1.3%), from €278,934 to €275,375
of which Financial debts: -€13,559
- Gross operating margin +€10,119
up €10,119 (+84.3%), from €12,001 to €22,120
- Depreciation +€660
up €660 (+2.7%), from €24,614 to €25,274
- Taxes +€515
up €515, from -€210 to €305
- Other operating charges +€281
up €281 (+8.5%), from €3,292 to €3,573
- Financial charges -€264
down €264 (-8.0%), from €3,293 to €3,030
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 | €182,677 | €172,386 | -€10,291 | -5.6% |
| Fixed assets | 21/28 | €154,703 | €143,377 | -€11,326 | -7.3% |
| Tangible fixed assets | 22/27 | €154,703 | €143,377 | -€11,326 | -7.3% |
| Land and buildings | 22 | €154,703 | €140,616 | -€14,087 | -9.1% |
| Furniture and vehicles | 24 | - | €2,761 | +€2,761 | |
| Current assets | 29/58 | €27,974 | €29,009 | +€1,035 | +3.7% |
| Amounts receivable within one year | 40/41 | €5,576 | €3,376 | -€2,200 | -39.5% |
| Trade receivables | 40 | €5,366 | €3,368 | -€1,999 | -37.2% |
| Other amounts receivable | 41 | €210 | €8 | -€202 | -96.1% |
| Current investments | 50/53 | €10,808 | €10,820 | +€12 | +0.1% |
| Cash at bank and in hand | 54/58 | €10,424 | €13,850 | +€3,425 | +32.9% |
| Deferred charges and accrued income | 490/1 | €1,166 | €964 | -€202 | -17.3% |
| Total equity and liabilities | 10/49 | €182,677 | €172,386 | -€10,291 | -5.6% |
| Equity | 10/15 | -€116,997 | -€127,045 | -€10,048 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,950 | €22,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,241 | €1,241 | = | 0.0% |
| Reserves not available under the articles | 1311 | €690 | €690 | = | 0.0% |
| Other | 1319 | €550 | €550 | = | 0.0% |
| Distributable reserves | 133 | €21,710 | €21,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,548 | -€168,595 | -€10,048 | -6.3% |
| Amounts payable | 17/49 | €299,674 | €299,431 | -€243 | -0.1% |
| Amounts payable after more than one year | 17 | €278,934 | €275,375 | -€3,559 | -1.3% |
| Financial debts | 170/4 | €115,318 | €101,759 | -€13,559 | -11.8% |
| Other amounts payable | 178/9 | €163,616 | €173,616 | +€10,000 | +6.1% |
| Amounts payable within one year | 42/48 | €20,740 | €24,056 | +€3,316 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €13,559 | €13,559 | = | 0.0% |
| Financial debts | 43 | €66 | €75 | +€9 | +13.9% |
| Credit institutions | 430/8 | - | €75 | +€75 | |
| Other loans | 439 | €66 | €0 | -€66 | -100.0% |
| Trade debts | 44 | €1,620 | €2,129 | +€509 | +31.4% |
| Suppliers | 440/4 | €1,620 | €2,129 | +€509 | +31.4% |
| Taxes, remuneration and social security | 45 | €1,631 | €3,379 | +€1,748 | +107.2% |
| Taxes | 450/3 | €1,631 | €3,379 | +€1,748 | +107.2% |
| Other amounts payable | 47/48 | €3,864 | €4,914 | +€1,050 | +27.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,614 | €25,274 | +€660 | +2.7% |
| Other operating charges | 640/8 | €3,292 | €3,573 | +€281 | +8.5% |
| Gross operating margin | 9900 | €12,001 | €22,120 | +€10,119 | +84.3% |
| Operating profit (loss) | 9901 | -€15,905 | -€6,727 | +€9,179 | +57.7% |
| Financial income | 75/76B | €35 | €14 | -€21 | -60.8% |
| Recurring financial income | 75 | €24 | €14 | -€11 | -43.5% |
| Non-recurring financial income | 76B | €11 | €0 | -€11 | -100.0% |
| Financial charges | 65/66B | €3,293 | €3,030 | -€264 | -8.0% |
| Recurring financial charges | 65 | €3,293 | €3,030 | -€264 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,164 | -€9,743 | +€9,421 | +49.2% |
| Income taxes | 67/77 | -€210 | €305 | +€515 | |
| Profit (loss) for the period | 9904 | -€18,954 | -€10,048 | +€8,906 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,954 | -€10,048 | +€8,906 | +47.0% |
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 10 October 2026 via checked.be.