COPERNIC
Annual accounts 2025
micro format, filed on 17-06-2026, 44 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €350,000. Estimated: probably between €290,000 and €410,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €2.2m on 31-12-2025in euro
in euro
Position in the sector
12.4%
Higher than 18% of 39,364 companies in 2025.
0.84
Higher than 19% of 38,048 companies in 2025.
1.5%
Higher than 23% of 38,520 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
2.2m | 2.2m | 2.1m | 2.1m | 2.1m | 2.2m | 2.5m | 2.4m | 2.5m | 2.6m | 2.7m | 2.8m | 3.0m | 3.1m | 3.3m | 3.3m | 4.1m | 2.7m | 2.7m | 2.7m | |
21/28 |
1.9m | 2.0m | 2.0m | 2.0m | 2.1m | 2.2m | 2.5m | 2.4m | 2.5m | 2.6m | 2.7m | 2.8m | 2.9m | 3.1m | 3.2m | 3.3m | 3.4m | 2.6m | 2.7m | 2.6m | |
22/27 |
1.9m | 2.0m | 2.0m | 2.0m | 2.1m | 2.2m | 2.5m | 2.4m | 2.5m | 2.6m | 2.7m | 2.8m | 2.9m | 3.1m | 3.2m | 3.3m | 3.4m | 2.6m | 2.7m | 2.6m | |
22 |
1.8m | 1.9m | 1.9m | 2.0m | 2.0m | 2.1m | 2.4m | 2.3m | 2.4m | 2.5m | 2.5m | 2.6m | 2.7m | 2.8m | 2.9m | 3.0m | 3.1m | 2.1m | 2.2m | 2.1m | |
23 |
58,853 | 72,203 | 63,114 | 50,142 | 46,253 | 43,120 | 61,608 | 76,042 | 95,522 | 97,729 | 104,278 | 129,854 | 181,862 | 248,171 | 307,370 | 294,739 | 339,289 | 397,672 | 461,087 | 453,607 | |
24 |
11,185 | 16,486 | 11,573 | 8,087 | 7,189 | 5,981 | 6,026 | 7,812 | 10,187 | 12,561 | 15,608 | 22,862 | 30,969 | 39,549 | 47,387 | 58,124 | 48,399 | 33,918 | 38,385 | 46,453 | |
28 |
- | - | - | - | - | - | - | - | - | 3,160 | 3,160 | 3,160 | 3,160 | 3,160 | - | - | - | 1,280 | - | - | |
29/58 |
290,828 | 205,628 | 119,026 | 58,804 | 5,835 | 11,398 | 4,259 | 4,803 | 2,361 | 8,727 | 8,389 | 36,074 | 61,428 | 14,575 | 35,676 | 23,251 | 663,899 | 166,544 | 22,353 | 94,703 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145,000 | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145,000 | - | - | |
40/41 |
284,808 | 201,301 | 117,009 | 42,785 | 3,738 | 5,066 | 2,548 | 2,864 | - | 4,214 | 6,097 | 18,404 | 9,383 | 12,064 | 29,018 | 7,874 | 660,849 | 17,619 | 10,616 | 65,141 | |
40 |
6,670 | 3,255 | 2,884 | 24,567 | 3,738 | 5,066 | 2,512 | 2,388 | - | 2,364 | 6,097 | 18,396 | 9,383 | 10,568 | 29,002 | 7,865 | 660,849 | 17,599 | 10,616 | 65,141 | |
41 |
278,138 | 198,046 | 114,125 | 18,218 | - | - | 36 | 476 | - | 1,850 | - | 9 | - | 1,496 | 16 | 9 | - | 20 | - | - | |
54/58 |
3,024 | 1,620 | 187 | 14,360 | - | 4,276 | 256 | - | - | 2,189 | - | 15,896 | 50,229 | 838 | 3,686 | 15,377 | 578 | 3,370 | 11,737 | 29,562 | |
490/1 |
2,996 | 2,707 | 1,829 | 1,659 | 2,097 | 2,056 | 1,455 | 1,938 | 2,361 | 2,324 | 2,291 | 1,773 | 1,816 | 1,674 | 2,972 | - | 2,472 | 555 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.2m | 2.2m | 2.1m | 2.1m | 2.1m | 2.2m | 2.5m | 2.4m | 2.5m | 2.6m | 2.7m | 2.8m | 3.0m | 3.1m | 3.3m | 3.3m | 4.1m | 2.7m | 2.7m | 2.7m | |
10/15 |
272,738 | 239,560 | 223,304 | 173,260 | 109,507 | 166,669 | 91,722 | 264,895 | 249,046 | 615,675 | 574,094 | 581,596 | 452,627 | 405,501 | 419,357 | 504,052 | 384,651 | 329,146 | 405,645 | 416,295 | |
10/11 |
50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 200,000 | - | 400,000 | 400,000 | 700,000 | 700,000 | 700,000 | 500,000 | 500,000 | 500,000 | 500,000 | 300,000 | 300,000 | 300,000 | 300,000 | |
100 |
- | - | - | - | - | - | - | 400,000 | 400,000 | 700,000 | 700,000 | 700,000 | 500,000 | 500,000 | 500,000 | 500,000 | 300,000 | 300,000 | 300,000 | 300,000 | |
11 |
- | - | - | - | - | - | 200,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 200,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
216,991 | 185,931 | 179,872 | 193,812 | 207,752 | 221,693 | 235,633 | 249,574 | 263,514 | 277,454 | 291,395 | 305,335 | 319,276 | 333,216 | 347,157 | 361,097 | 375,037 | 234,241 | 243,539 | 264,768 | |
132 |
151,991 | 165,931 | 179,872 | 193,812 | 207,752 | 221,693 | 235,633 | 249,574 | 263,514 | 277,454 | 291,395 | 305,335 | 319,276 | 333,216 | 347,157 | 361,097 | 375,037 | 234,241 | 243,539 | 264,768 | |
133 |
65,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
5,747 | 3,629 | -6,568 | -70,552 | -148,246 | -255,024 | -343,911 | -384,679 | -414,468 | -361,780 | -417,300 | -423,739 | -366,649 | -427,715 | -427,799 | -357,045 | -290,387 | -205,094 | -137,894 | -148,473 | |
16 |
78,264 | 85,442 | 92,620 | 99,799 | 106,977 | 114,155 | 121,333 | 128,511 | 135,690 | 142,868 | 150,046 | 157,224 | 164,403 | 171,581 | 178,759 | 185,937 | 193,116 | 120,616 | 125,404 | 136,335 | |
168 |
78,264 | 85,442 | 92,620 | 99,799 | 106,977 | 114,155 | 121,333 | 128,511 | 135,690 | 142,868 | 150,046 | 157,224 | 164,403 | 171,581 | 178,759 | 185,937 | 193,116 | 120,616 | 125,404 | 136,335 | |
17/49 |
1.8m | 1.9m | 1.8m | 1.8m | 1.9m | 1.9m | 2.3m | 2.0m | 2.1m | 1.8m | 2.0m | 2.1m | 2.4m | 2.5m | 2.7m | 2.7m | 3.5m | 2.3m | 2.2m | 2.2m | |
17 |
1.4m | 1.5m | 1.4m | 1.4m | 1.5m | 1.7m | 1.8m | 1.7m | 1.4m | 1.3m | 1.4m | 1.3m | 1.2m | 1.2m | 1.5m | 1.7m | 1.6m | 1.8m | 885,574 | 1.6m | |
170/4 |
1.4m | 1.5m | 1.4m | 1.4m | 1.5m | 1.7m | 1.8m | 1.7m | 1.4m | 1.3m | 1.0m | 799,738 | 682,859 | 716,831 | 1.0m | 1.2m | 1.3m | 1.5m | 606,056 | 1.3m | |
178/9 |
- | - | - | - | - | - | - | - | - | - | 350,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 279,518 | 279,518 | 279,518 | 279,518 | |
42/48 |
344,540 | 350,630 | 325,218 | 321,952 | 333,733 | 177,022 | 445,315 | 218,319 | 721,235 | 548,747 | 568,627 | 753,321 | 1.2m | 1.3m | 1.1m | 950,170 | 1.9m | 492,034 | 1.3m | 541,877 | |
42 |
118,561 | 116,576 | 103,950 | 102,382 | 100,838 | 99,317 | 97,819 | 96,343 | 105,753 | 96,259 | 94,424 | 92,624 | 166,771 | 294,426 | 160,974 | 158,273 | 151,682 | 154,864 | 1.1m | 83,081 | |
43 |
190,000 | 190,000 | 190,000 | 190,000 | 169,401 | 40,000 | 190,000 | 3,414 | 450,177 | 450,000 | 451,340 | 450,000 | 751,000 | 760,185 | 761,239 | 751,000 | 1.4m | 145,000 | - | - | |
430/8 |
190,000 | 190,000 | 190,000 | 190,000 | 169,401 | 40,000 | 190,000 | 3,414 | 450,177 | 450,000 | 451,340 | 450,000 | 751,000 | 760,185 | 761,239 | 751,000 | 1.4m | 145,000 | - | - | |
44 |
- | 4,252 | - | 25,748 | 1,117 | 1,637 | 8,053 | 3,827 | 4,278 | 1,545 | 6,431 | 19,207 | 16,141 | 19,348 | 14,145 | 8,586 | 36,258 | 6,632 | 6,006 | 52,890 | |
440/4 |
- | 4,252 | - | 25,748 | 1,117 | 1,637 | 8,053 | 3,827 | 4,278 | 1,545 | 6,431 | 19,207 | 16,141 | 19,348 | 14,145 | 8,586 | 36,258 | 6,632 | 6,006 | 52,890 | |
45 |
5,729 | 25,801 | 31,268 | 3,822 | 2,085 | 3,634 | 4,673 | - | 2,401 | - | 535 | 5,013 | 14,787 | 7,197 | 5,154 | 6,568 | 11,142 | 14,714 | 12,392 | 15,536 | |
450/3 |
5,729 | 25,801 | 31,268 | 3,822 | 2,085 | 3,634 | 4,673 | - | 2,401 | - | 535 | 5,013 | 14,787 | 7,197 | 5,154 | 6,568 | 11,142 | 14,714 | 12,392 | 15,270 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 266 | |
47/48 |
30,250 | 14,000 | - | - | 60,292 | 32,434 | 144,771 | 114,735 | 158,626 | 944 | 15,898 | 186,478 | 208,897 | 200,423 | 193,871 | 25,742 | 251,404 | 170,824 | 105,018 | 390,369 | |
492/3 |
78,308 | 68,543 | 66,497 | 54,060 | 50,537 | 47,613 | 39,718 | 34,805 | 24,843 | 11,587 | 22,429 | 31,466 | 35,650 | 30,000 | 30,032 | 32,401 | 24,781 | 16,771 | 16,771 | 39,010 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 114,922 | 109,978 | - | |
76A |
- | - | - | - | 8,685 | 23,314 | 6,500 | - | - | - | - | - | - | 2,339 | 151 | 8,560 | 3,946 | - | 0 | 4,620 | |
9900 |
204,440 | 177,716 | 211,200 | 188,126 | 214,606 | 209,652 | 193,453 | 167,998 | 85,086 | 193,351 | 188,046 | 172,748 | 301,845 | 249,953 | 192,525 | 190,060 | 428,583 | 200,387 | 178,724 | 238,547 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 44,521 | 36,692 | - | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27 | 3,334 | |
630 |
118,730 | 118,186 | 103,928 | 98,603 | 96,279 | 102,853 | 136,558 | 106,174 | 105,719 | 111,511 | 143,819 | 165,093 | 164,127 | 164,909 | 166,056 | 158,547 | 184,873 | 134,161 | 133,947 | 130,934 | |
640/8 |
16,797 | 16,511 | 15,940 | 14,524 | 14,166 | 15,042 | 13,992 | 13,630 | 13,374 | 13,137 | 12,169 | 12,147 | 12,184 | 11,520 | 12,114 | 14,244 | 17,829 | 20,763 | 9,368 | 32,778 | |
66A |
- | - | - | - | - | - | - | - | - | 276 | - | - | - | - | - | - | - | - | - | 50 | |
9901 |
68,913 | 43,019 | 91,332 | 74,999 | 104,161 | 91,758 | 42,903 | 48,195 | -34,007 | 68,426 | 32,057 | -4,492 | 125,535 | 73,524 | 14,355 | 17,269 | 225,880 | 45,462 | 35,381 | 71,502 | |
75/76B |
8,168 | 4,824 | 2,714 | - | - | - | - | - | 5 | - | 3 | 40 | 18 | 27 | 3,769 | 77 | 9 | 143 | 379 | 157 | |
75 |
8,168 | 4,824 | 2,714 | - | - | - | - | - | 5 | - | 3 | 40 | 18 | 27 | 3,769 | 77 | 9 | 143 | 379 | 157 | |
65/66B |
29,019 | 25,529 | 28,615 | 18,424 | 18,501 | 23,989 | 23,254 | 39,524 | 39,805 | 34,024 | 46,740 | 73,757 | 85,603 | 96,924 | 110,147 | 113,683 | 101,887 | 126,892 | 57,313 | 72,298 | |
65 |
29,019 | 25,529 | 28,615 | 18,424 | 18,501 | 23,989 | 23,254 | 39,524 | 39,805 | 34,024 | 46,740 | 73,757 | 85,603 | 96,924 | 110,147 | 113,683 | 101,887 | 126,892 | 57,313 | 72,298 | |
9903 |
48,062 | 22,314 | 65,432 | 56,575 | 85,659 | 67,769 | 19,649 | 8,671 | -73,807 | 34,402 | -14,680 | -78,209 | 39,949 | -21,034 | -91,872 | -87,777 | 127,948 | -81,287 | -21,553 | 3,931 | |
780 |
7,178 | 7,178 | 7,178 | 7,178 | 7,178 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
22,063 | 13,235 | 22,566 | - | - | - | - | - | - | - | 0 | - | 2 | - | 1 | - | -56 | - | 28 | 7 | |
9904 |
33,178 | 16,257 | 50,044 | 63,753 | 92,838 | 74,947 | 26,827 | 15,849 | -66,629 | 41,580 | -7,502 | -71,030 | 47,125 | -13,856 | -84,694 | -80,599 | 55,505 | -76,499 | -10,649 | 14,855 | |
789 |
13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 13,940 | 9,298 | 21,229 | 21,229 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 154,737 | - | - | - | |
9905 |
47,118 | 30,197 | 63,984 | 77,694 | 106,778 | 88,887 | 40,768 | 29,790 | -52,689 | 55,521 | 6,439 | -57,090 | 61,066 | 84 | -70,754 | -66,659 | -85,292 | -67,201 | 10,580 | 36,084 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
50,747 | 23,629 | -6,568 | -70,552 | -148,246 | -255,024 | -343,911 | -384,679 | -414,468 | -361,780 | -417,300 | -423,739 | -366,649 | -427,715 | -427,799 | -357,045 | -290,387 | -205,094 | -137,894 | -148,473 | |
14P |
3,629 | -6,568 | -70,552 | -148,246 | -255,024 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
45,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
45,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 305 | |
| Document | |||||||||||||||||||||
The accounts for 12 older financial years (1993-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-06-2026 | 2026-00185015 | |
| 31-12-2024 | micro format | 20-06-2025 | 2025-00161705 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00178805 | |
| 31-12-2022 | micro format | 13-06-2023 | 2023-00137331 | |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20097236 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22300531 | |
| 31-12-2019 | micro format | 15-06-2020 | 2020-17100173 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-17100282 | |
| 31-12-2017 | micro format | 23-07-2018 | 2018-36100432 | |
| 31-12-2016 | full format | 27-06-2017 | 2017-22400148 | |
| 31-12-2015 | full format | 24-06-2016 | 2016-24300058 | |
| 31-12-2014 | full format | 10-06-2015 | 2015-16500515 | |
| 31-12-2013 | full format | 20-06-2014 | 2014-19000252 | |
| 31-12-2012 | full format | 27-06-2013 | 2013-21900190 | |
| 31-12-2011 | full format | 29-08-2012 | 2012-46700001 | |
| 31-12-2010 | full format | 18-07-2011 | 2011-30500150 | |
| 31-12-2009 | full format | 13-08-2010 | 2010-40400490 | |
| 31-12-2008 | full format | 26-08-2009 | 2009-63400269 | |
| 31-12-2007 | full format | 22-07-2008 | 2008-44200347 | |
| 31-12-2006 | full format | 23-07-2007 | 2007-43600019 | |
| 31-12-2005 | full format | 28-07-2006 | 2006-54802000 | |
| 31-12-2004 | full format | 14-07-2005 | 2005-47403343 | |
| 31-12-2003 | full format | 26-07-2004 | 2004-50303997 | |
| 31-12-2002 | full format | 01-10-2003 | 2003-71502867 | |
| 30-06-2001 | full format | 18-02-2002 | 2002-04404527 | |
| 30-06-2000 | full format | 16-01-2001 | 2001-01502570 | |
| 30-06-1999 | full format | 24-01-2000 | 2000-02101512 | |
| 30-06-1998 | full format | 20-01-1999 | 1999-01303306 | |
| 31-12-1996 | full format | 20-06-1997 | 1997-17504007 | |
| 31-12-1995 | full format | 01-07-1996 | 1996-25100770 | |
| 31-12-1994 | full format | 21-06-1995 | 1995-26404823 | |
| 31-12-1993 | full format | 16-06-1994 | 1994-15304069 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 187,644 | 161,205 | 195,260 | 173,602 | 200,439 | 194,611 | 179,461 | 154,368 | 71,713 | 179,938 | 175,876 | 160,601 | 289,661 | 238,433 | 180,411 | 175,816 | 410,753 | 179,624 | 169,328 | 202,436 | ||
| 151,908 | 134,442 | 153,972 | 162,356 | 189,116 | 177,800 | 163,385 | 122,023 | 39,090 | 153,092 | 136,317 | 94,062 | 211,252 | 151,053 | 81,362 | 77,948 | 240,378 | 57,662 | 123,298 | 145,789 | ||
| 27,955 | 149,621 | 59,325 | 19,069 | 16,299 | -186,824 | 217,970 | 0 | 16,817 | 17,595 | 26,669 | 20,658 | 4,917 | 16,713 | 83,630 | 39,402 | 1.4m | 21,370 | 162,373 | 342,228 | ||
| 1,404 | 1,432 | -14,173 | - | - | 4,020 | - | - | - | - | - | -34,333 | 49,391 | -2,848 | -11,691 | 14,799 | -2,792 | -8,367 | -17,825 | - | ||
| -53,712 | -145,002 | -206,192 | -263,148 | -327,897 | -165,624 | -441,057 | -213,516 | -718,874 | -540,021 | -560,238 | -717,248 | -1.1m | -1.3m | -1.1m | -926,918 | -1.2m | -325,490 | -1.2m | -447,174 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.6% | 32.2% | - | ||
| 12.4% | 10.9% | 10.7% | 8.4% | 5.2% | 7.6% | 3.7% | 11.1% | 10.0% | 23.8% | 21.4% | 20.6% | 15.1% | 13.1% | 12.8% | 15.1% | 9.4% | 12.1% | 15.1% | 15.2% | ||
| 0.84 | 0.59 | 0.37 | 0.18 | 0.02 | 0.06 | 0.01 | 0.02 | 0.00 | 0.02 | 0.01 | 0.05 | 0.05 | 0.01 | 0.03 | 0.02 | 0.35 | 0.34 | 0.02 | 0.17 | ||
| 0.84 | 0.59 | 0.37 | 0.18 | 0.02 | 0.06 | 0.01 | 0.02 | 0.00 | 0.02 | 0.01 | 0.05 | 0.05 | 0.01 | 0.03 | 0.02 | 0.35 | 0.04 | 0.02 | 0.17 | ||
| 6.77 | 7.86 | 7.94 | 10.39 | 17.20 | 11.43 | 24.59 | 7.51 | 8.44 | 2.97 | 3.40 | 3.58 | 5.25 | 6.24 | 6.38 | 5.27 | 9.17 | 6.90 | 5.32 | 5.24 | ||
| 12.2% | 6.8% | 22.4% | 36.8% | 84.8% | 45.0% | 29.2% | 6.0% | -26.8% | 6.8% | -1.3% | -12.2% | 10.4% | -3.4% | -20.2% | -16.0% | 14.4% | -23.2% | -2.6% | 3.6% | ||
| 1.5% | 0.7% | 2.4% | 3.1% | 4.4% | 3.4% | 1.1% | 0.7% | -2.7% | 1.6% | -0.3% | -2.5% | 1.6% | -0.4% | -2.6% | -2.4% | 1.4% | -2.8% | -0.4% | 0.5% | ||
| 6.47 | 6.31 | 6.82 | 9.42 | 10.83 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 56 days | 35 days | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 54 days | 60 days | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €27,955 | €149,621 | €59,325 | €19,069 | €16,299 |
| €118,730 | €118,186 | €103,928 | €98,603 | €96,279 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on COPERNIC
The operating result for 2025 is 60% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 85.3% to 84.0%. Equity is higher and debt is lower.