COP CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year -€125,623
down €125,623 (-74.2%), from €169,392 to €43,769
of which Trade receivables: -€131,157
- Stocks and contracts +€18,537
new in 2024: €18,537
- Tangible fixed assets +€12,023
up €12,023 (+245.0%), from €4,907 to €16,930
of which Furniture and vehicles: +€11,301
- Cash -€10,023
down €10,023 (-86.7%), from €11,565 to €1,542
mainly Trade debts (-€103,137) and Net result for the year (-€35,909)
- Trade debts -€103,137
down €103,137 (-90.7%), from €113,660 to €10,523
- Tax, wage and social debts +€37,383
up €37,383 (+374.8%), from €9,974 to €47,357
- Profit (loss) carried forward -€35,909
down €35,909 (-71.7%), from €50,083 to €14,174
- Other debts -€7,338
down €7,338 (-86.6%), from €8,477 to €1,139
- Advances received +€2,585
new in 2024: €2,585
- Gross operating margin -€68,827
down €68,827 (-93.9%), from €73,333 to €4,506
- Staff costs -€33,659
down €33,659 (-93.7%), from €35,922 to €2,263
- Taxes +€20,261
up €20,261 (+175.1%), from €11,574 to €31,835
- Depreciation +€4,161
up €4,161 (+296.6%), from €1,403 to €5,564
- Financial income +€1,171
up €1,171 (+231.0%), from €507 to €1,678
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,194 | €80,778 | -€106,416 | -56.8% |
| Fixed assets | 21/28 | €4,907 | €16,930 | +€12,023 | +245.0% |
| Tangible fixed assets | 22/27 | €4,907 | €16,930 | +€12,023 | +245.0% |
| Plant, machinery and equipment | 23 | - | €722 | +€722 | |
| Furniture and vehicles | 24 | €4,907 | €16,208 | +€11,301 | +230.3% |
| Current assets | 29/58 | €182,287 | €63,848 | -€118,439 | -65.0% |
| Stocks and contracts in progress | 3 | - | €18,537 | +€18,537 | |
| Stocks | 30/36 | - | €18,537 | +€18,537 | |
| Amounts receivable within one year | 40/41 | €169,392 | €43,769 | -€125,623 | -74.2% |
| Trade receivables | 40 | €156,089 | €24,932 | -€131,157 | -84.0% |
| Other amounts receivable | 41 | €13,303 | €18,837 | +€5,534 | +41.6% |
| Cash at bank and in hand | 54/58 | €11,565 | €1,542 | -€10,023 | -86.7% |
| Deferred charges and accrued income | 490/1 | €1,330 | - | -€1,330 | |
| Total equity and liabilities | 10/49 | €187,194 | €80,778 | -€106,416 | -56.8% |
| Equity | 10/15 | €55,083 | €19,174 | -€35,909 | -65.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,083 | €14,174 | -€35,909 | -71.7% |
| Amounts payable | 17/49 | €132,111 | €61,604 | -€70,507 | -53.4% |
| Amounts payable within one year | 42/48 | €132,111 | €61,604 | -€70,507 | -53.4% |
| Trade debts | 44 | €113,660 | €10,523 | -€103,137 | -90.7% |
| Suppliers | 440/4 | €113,660 | €10,523 | -€103,137 | -90.7% |
| Advances received on contracts in progress | 46 | - | €2,585 | +€2,585 | |
| Taxes, remuneration and social security | 45 | €9,974 | €47,357 | +€37,383 | +374.8% |
| Taxes | 450/3 | €9,974 | €47,357 | +€37,383 | +374.8% |
| Other amounts payable | 47/48 | €8,477 | €1,139 | -€7,338 | -86.6% |
| Remuneration, social security and pensions | 62 | €35,922 | €2,263 | -€33,659 | -93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,403 | €5,564 | +€4,161 | +296.6% |
| Other operating charges | 640/8 | €1,241 | €1,283 | +€42 | +3.4% |
| Gross operating margin | 9900 | €73,333 | €4,506 | -€68,827 | -93.9% |
| Operating profit (loss) | 9901 | €34,767 | -€4,604 | -€39,371 | |
| Financial income | 75/76B | €507 | €1,678 | +€1,171 | +231.0% |
| Recurring financial income | 75 | €507 | €1,678 | +€1,171 | +231.0% |
| Financial charges | 65/66B | €965 | €1,148 | +€183 | +19.0% |
| Recurring financial charges | 65 | €965 | €1,148 | +€183 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €34,309 | -€4,074 | -€38,383 | |
| Income taxes | 67/77 | €11,574 | €31,835 | +€20,261 | +175.1% |
| Profit (loss) for the period | 9904 | €22,735 | -€35,909 | -€58,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,735 | -€35,909 | -€58,644 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.