B. COPPENS: what changed
Two fiscal 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.
B. COPPENS
Largest movements
- Stocks and contracts -€5,167
down €5,167 (-14.1%), from €36,739 to €31,572
- Cash +€3,558
up €3,558 (+231.1%), from €1,539 to €5,097
mainly Stocks and contracts (+€5,167) and Trade debts (+€1,829)
- Receivables within one year -€1,793
down €1,793 (-25.8%), from €6,959 to €5,165
of which Trade receivables: -€3,500
- Profit (loss) carried forward -€4,781
down €4,781 (-6.2%), from -€77,156 to -€81,937
- Trade debts +€1,829
up €1,829 (+46.4%), from €3,938 to €5,767
- Gross operating margin -€2,537
down €2,537 (-164.4%), from -€1,543 to -€4,080
- Other operating charges +€73
up €73 (+20.8%), from €352 to €425
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 | €46,800 | €43,504 | -€3,296 | -7.0% |
| Current assets | 29/58 | €46,800 | €43,504 | -€3,296 | -7.0% |
| Stocks and contracts in progress | 3 | €36,739 | €31,572 | -€5,167 | -14.1% |
| Stocks | 30/36 | €36,739 | €31,572 | -€5,167 | -14.1% |
| Amounts receivable within one year | 40/41 | €6,959 | €5,165 | -€1,793 | -25.8% |
| Trade receivables | 40 | €3,500 | - | -€3,500 | |
| Other amounts receivable | 41 | €3,459 | €5,165 | +€1,707 | +49.3% |
| Cash at bank and in hand | 54/58 | €1,539 | €5,097 | +€3,558 | +231.1% |
| Deferred charges and accrued income | 490/1 | €1,563 | €1,670 | +€107 | +6.8% |
| Total equity and liabilities | 10/49 | €46,800 | €43,504 | -€3,296 | -7.0% |
| Equity | 10/15 | €41,872 | €37,091 | -€4,781 | -11.4% |
| Contributions | 10/11 | €63,214 | €63,214 | = | 0.0% |
| Reserves | 13 | €55,814 | €55,814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,321 | €6,321 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,321 | €6,321 | = | 0.0% |
| Distributable reserves | 133 | €49,493 | €49,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,156 | -€81,937 | -€4,781 | -6.2% |
| Amounts payable | 17/49 | €4,927 | €6,413 | +€1,486 | +30.1% |
| Amounts payable within one year | 42/48 | €4,927 | €6,413 | +€1,486 | +30.1% |
| Trade debts | 44 | €3,938 | €5,767 | +€1,829 | +46.4% |
| Suppliers | 440/4 | €3,938 | €5,767 | +€1,829 | +46.4% |
| Taxes, remuneration and social security | 45 | €989 | €646 | -€343 | -34.7% |
| Taxes | 450/3 | €989 | €646 | -€343 | -34.7% |
| Other operating charges | 640/8 | €352 | €425 | +€73 | +20.8% |
| Gross operating margin | 9900 | -€1,543 | -€4,080 | -€2,537 | -164.4% |
| Operating profit (loss) | 9901 | -€1,894 | -€4,504 | -€2,610 | -137.8% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €77 | €92 | +€15 | +19.6% |
| Recurring financial charges | 65 | €77 | €92 | +€15 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,959 | -€4,596 | -€2,637 | -134.6% |
| Income taxes | 67/77 | €175 | €185 | +€10 | +5.9% |
| Profit (loss) for the period | 9904 | -€2,134 | -€4,781 | -€2,647 | -124.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,134 | -€4,781 | -€2,647 | -124.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.