Van Coillieteit: 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.
Van Coillieteit
Largest movements
- Tangible fixed assets -€23,059
down €23,059 (-7.2%), from €322,435 to €299,376
of which Land and buildings: -€12,672
- Receivables within one year +€3,905
up €3,905 (+10.7%), from €36,511 to €40,416
of which Trade receivables: +€3,911
- Debts after one year -€60,000
down €60,000 (-20.0%), from €300,000 to €240,000
- Reserves +€24,984
up €24,984 (+46.1%), from €54,167 to €79,151
- Tax, wage and social debts +€9,047
up €9,047 (+65.0%), from €13,922 to €22,969
- Accrued charges and deferred income +€6,995
up €6,995 (+888%), from €788 to €7,782
- Depreciation -€26,919
down €26,919 (-53.9%), from €49,978 to €23,059
- Financial charges +€6,254
up €6,254 (+668%), from €937 to €7,191
- Taxes +€4,249
up €4,249 (+70.0%), from €6,070 to €10,318
- Gross operating margin -€3,477
down €3,477 (-4.9%), from €71,052 to €67,575
- Other operating charges +€1,260
up €1,260 (+165%), from €764 to €2,023
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 | €380,606 | €363,053 | -€17,552 | -4.6% |
| Fixed assets | 21/28 | €322,435 | €299,376 | -€23,059 | -7.2% |
| Tangible fixed assets | 22/27 | €322,435 | €299,376 | -€23,059 | -7.2% |
| Land and buildings | 22 | €291,046 | €278,374 | -€12,672 | -4.4% |
| Furniture and vehicles | 24 | €31,389 | €21,002 | -€10,387 | -33.1% |
| Current assets | 29/58 | €58,171 | €63,678 | +€5,507 | +9.5% |
| Amounts receivable within one year | 40/41 | €36,511 | €40,416 | +€3,905 | +10.7% |
| Trade receivables | 40 | €36,504 | €40,416 | +€3,911 | +10.7% |
| Other amounts receivable | 41 | €6 | €0 | -€6 | -100% |
| Cash at bank and in hand | 54/58 | €20,140 | €21,747 | +€1,607 | +8.0% |
| Deferred charges and accrued income | 490/1 | €1,521 | €1,516 | -€5 | -0.3% |
| Total equity and liabilities | 10/49 | €380,606 | €363,053 | -€17,552 | -4.6% |
| Equity | 10/15 | €55,167 | €80,151 | +€24,984 | +45.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €54,167 | €79,151 | +€24,984 | +46.1% |
| Distributable reserves | 133 | €54,167 | €79,151 | +€24,984 | +46.1% |
| Amounts payable | 17/49 | €325,439 | €282,903 | -€42,536 | -13.1% |
| Amounts payable after more than one year | 17 | €300,000 | €240,000 | -€60,000 | -20.0% |
| Financial debts | 170/4 | €300,000 | €240,000 | -€60,000 | -20.0% |
| Amounts payable within one year | 42/48 | €24,651 | €35,121 | +€10,469 | +42.5% |
| Trade debts | 44 | €2,249 | €652 | -€1,596 | -71.0% |
| Suppliers | 440/4 | €2,249 | €652 | -€1,596 | -71.0% |
| Taxes, remuneration and social security | 45 | €13,922 | €22,969 | +€9,047 | +65.0% |
| Taxes | 450/3 | €13,922 | €22,969 | +€9,047 | +65.0% |
| Other amounts payable | 47/48 | €8,481 | €11,500 | +€3,019 | +35.6% |
| Accrued charges and deferred income | 492/3 | €788 | €7,782 | +€6,995 | +888% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,978 | €23,059 | -€26,919 | -53.9% |
| Other operating charges | 640/8 | €764 | €2,023 | +€1,260 | +165% |
| Gross operating margin | 9900 | €71,052 | €67,575 | -€3,477 | -4.9% |
| Operating profit (loss) | 9901 | €20,310 | €42,493 | +€22,182 | +109% |
| Financial charges | 65/66B | €937 | €7,191 | +€6,254 | +668% |
| Recurring financial charges | 65 | €937 | €7,191 | +€6,254 | +668% |
| Profit (loss) for the period before taxes | 9903 | €19,374 | €35,302 | +€15,928 | +82.2% |
| Income taxes | 67/77 | €6,070 | €10,318 | +€4,249 | +70.0% |
| Profit (loss) for the period | 9904 | €13,304 | €24,984 | +€11,680 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,304 | €24,984 | +€11,680 | +87.8% |
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 25 October 2026 via checked.be.