COOPSA: 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.
COOPSA
Largest movements
- Tangible fixed assets -€82,784
down €82,784 (-44.8%), from €184,758 to €101,974
of which Furniture and vehicles: -€52,366
- Cash +€31,800
up €31,800 (+43.8%), from €72,639 to €104,439
mainly Depreciation (+€113,909) and Receivables within one year (+€20,193)
- Receivables within one year -€20,193
down €20,193 (-39.0%), from €51,815 to €31,622
of which Other amounts receivable: -€20,000
- Intangible fixed assets -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Other debts -€38,594
down €38,594 (-17.8%), from €216,594 to €178,000
- Trade debts -€30,050
down €30,050 (-75.5%), from €39,821 to €9,771
- Tax, wage and social debts -€9,531
down €9,531 (-55.2%), from €17,268 to €7,737
of which Remuneration and social security: -€8,360
- Profit (loss) carried forward +€4,875
up €4,875 (+14.8%), from €33,052 to €37,927
- Debts after one year -€4,454
down €4,454 (-100.0%), from €4,454 to €0
- Gross operating margin -€105,743
down €105,743 (-27.9%), from €378,943 to €273,200
- Turnover -€64,845
down €64,845 (-4.1%), from €1.6m to €1.5m
- Purchases and services +€40,898
up €40,898 (+3.4%), from €1.2m to €1.2m
- Depreciation -€25,190
down €25,190 (-18.1%), from €139,099 to €113,909
- Staff costs -€22,020
down €22,020 (-12.8%), from €171,803 to €149,783
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 | €360,746 | €283,569 | -€77,177 | -21.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €236,292 | €147,508 | -€88,784 | -37.6% |
| Intangible fixed assets | 21 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Tangible fixed assets | 22/27 | €184,758 | €101,974 | -€82,784 | -44.8% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €38,877 | €15,291 | -€23,586 | -60.7% |
| Furniture and vehicles | 24 | €136,938 | €84,572 | -€52,366 | -38.2% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | €8,943 | €2,111 | -€6,832 | -76.4% |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €33,534 | €33,534 | = | 0.0% |
| Current assets | 29/58 | €124,454 | €136,062 | +€11,607 | +9.3% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €51,815 | €31,622 | -€20,193 | -39.0% |
| Trade receivables | 40 | €1,815 | €1,622 | -€193 | -10.6% |
| Other amounts receivable | 41 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €72,639 | €104,439 | +€31,800 | +43.8% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €360,746 | €283,569 | -€77,177 | -21.4% |
| Equity | 10/15 | €78,728 | €83,603 | +€4,875 | +6.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | €27,085 | €27,085 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €27,085 | €27,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,052 | €37,927 | +€4,875 | +14.8% |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €282,018 | €199,966 | -€82,052 | -29.1% |
| Amounts payable after more than one year | 17 | €4,454 | €0 | -€4,454 | -100.0% |
| Financial debts | 170/4 | €4,454 | €0 | -€4,454 | -100.0% |
| Amounts payable within one year | 42/48 | €277,563 | €199,966 | -€77,597 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €3,881 | €4,454 | +€573 | +14.8% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €39,821 | €9,771 | -€30,050 | -75.5% |
| Suppliers | 440/4 | €39,821 | €9,771 | -€30,050 | -75.5% |
| Taxes, remuneration and social security | 45 | €17,268 | €7,737 | -€9,531 | -55.2% |
| Taxes | 450/3 | €1,592 | €421 | -€1,171 | -73.5% |
| Remuneration and social security | 454/9 | €15,675 | €7,315 | -€8,360 | -53.3% |
| Other amounts payable | 47/48 | €216,594 | €178,000 | -€38,594 | -17.8% |
| Turnover | 70 | €1,571,664 | €1,506,819 | -€64,845 | -4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,192,721 | €1,233,619 | +€40,898 | +3.4% |
| Remuneration, social security and pensions | 62 | €171,803 | €149,783 | -€22,020 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,099 | €113,909 | -€25,190 | -18.1% |
| Other operating charges | 640/8 | €5,461 | €458 | -€5,003 | -91.6% |
| Gross operating margin | 9900 | €378,943 | €273,200 | -€105,743 | -27.9% |
| Operating profit (loss) | 9901 | €62,581 | €9,050 | -€53,530 | -85.5% |
| Financial charges | 65/66B | €6,383 | €507 | -€5,876 | -92.1% |
| Recurring financial charges | 65 | €6,383 | €507 | -€5,876 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | €56,197 | €8,543 | -€47,654 | -84.8% |
| Income taxes | 67/77 | €8 | €3,668 | +€3,660 | +43985.6% |
| Profit (loss) for the period | 9904 | €56,189 | €4,875 | -€51,314 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,189 | €4,875 | -€51,314 | -91.3% |
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 4 October 2026 via checked.be.