Cop-co: 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.
Cop-co
Largest movements
- Tangible fixed assets -€720
down €720 (-69.9%), from €1,030 to €310
of which Furniture and vehicles: -€720
- Stocks and contracts -€150
down €150 (-7.4%), from €2,039 to €1,889
- Cash -€137
down €137 (-6.5%), from €2,096 to €1,959
mainly Other debts (-€24,996) and Net result for the year (-€1,245)
- Receivables within one year +€53
up €53 (+36.3%), from €147 to €200
of which Trade receivables: +€200
- Debts after one year +€25,000
up €25,000 (+78.1%), from €32,000 to €57,000
- Other debts -€24,996
down €24,996 (-25.8%), from €96,753 to €71,757
- Profit (loss) carried forward -€1,245
down €1,245 (-1.0%), from -€129,799 to -€131,044
- Trade debts +€209
up €209 (+132.2%), from €158 to €367
- Tax, wage and social debts +€78
up €78, from €0 to €78
- Gross operating margin +€203
up €203, from -€90 to €113
- Other operating charges -€51
down €51 (-7.9%), from €636 to €585
- Financial charges +€13
up €13 (+33.8%), from €39 to €53
- Write-downs -€8
no longer reported in 2025 (was €8)
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 | €5,312 | €4,358 | -€954 | -18.0% |
| Fixed assets | 21/28 | €1,030 | €310 | -€720 | -69.9% |
| Tangible fixed assets | 22/27 | €1,030 | €310 | -€720 | -69.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,030 | €310 | -€720 | -69.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €4,282 | €4,048 | -€234 | -5.5% |
| Stocks and contracts in progress | 3 | €2,039 | €1,889 | -€150 | -7.4% |
| Stocks | 30/36 | €2,039 | €1,889 | -€150 | -7.4% |
| Amounts receivable within one year | 40/41 | €147 | €200 | +€53 | +36.3% |
| Trade receivables | 40 | €0 | €200 | +€200 | |
| Other amounts receivable | 41 | €147 | €0 | -€147 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,096 | €1,959 | -€137 | -6.5% |
| Total equity and liabilities | 10/49 | €5,312 | €4,358 | -€954 | -18.0% |
| Equity | 10/15 | -€123,599 | -€124,844 | -€1,245 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,799 | -€131,044 | -€1,245 | -1.0% |
| Amounts payable | 17/49 | €128,911 | €129,202 | +€291 | +0.2% |
| Amounts payable after more than one year | 17 | €32,000 | €57,000 | +€25,000 | +78.1% |
| Financial debts | 170/4 | €32,000 | €57,000 | +€25,000 | +78.1% |
| Amounts payable within one year | 42/48 | €96,911 | €72,202 | -€24,709 | -25.5% |
| Trade debts | 44 | €158 | €367 | +€209 | +132.2% |
| Suppliers | 440/4 | €158 | €367 | +€209 | +132.2% |
| Taxes, remuneration and social security | 45 | €0 | €78 | +€78 | |
| Taxes | 450/3 | €0 | €78 | +€78 | |
| Other amounts payable | 47/48 | €96,753 | €71,757 | -€24,996 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €720 | €720 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8 | - | -€8 | |
| Other operating charges | 640/8 | €636 | €585 | -€51 | -7.9% |
| Gross operating margin | 9900 | -€90 | €113 | +€203 | |
| Operating profit (loss) | 9901 | -€1,453 | -€1,192 | +€261 | +18.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €39 | €53 | +€13 | +33.8% |
| Recurring financial charges | 65 | €39 | €53 | +€13 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,493 | -€1,245 | +€248 | +16.6% |
| Profit (loss) for the period | 9904 | -€1,493 | -€1,245 | +€248 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,493 | -€1,245 | +€248 | +16.6% |
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.