COP.MAN: 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.MAN
Largest movements
- Receivables within one year +€104,630
up €104,630 (+318.3%), from €32,875 to €137,504
of which Other amounts receivable: +€92,266
- Cash -€61,096
down €61,096 (-79.1%), from €77,209 to €16,114
mainly Receivables within one year (-€104,630) and Tax, wage and social debts (-€5,190)
- Tangible fixed assets +€1,775
up €1,775 (+128.3%), from €1,383 to €3,158
- Profit (loss) carried forward +€53,922
up €53,922 (+67.4%), from €80,014 to €133,935
- Tax, wage and social debts -€5,190
down €5,190 (-19.6%), from €26,463 to €21,272
- Trade debts -€3,640
down €3,640 (-71.3%), from €5,107 to €1,467
- Gross operating margin -€34,004
down €34,004 (-33.7%), from €100,919 to €66,915
- Taxes -€6,040
down €6,040 (-30.0%), from €20,155 to €14,115
- Financial income +€2,019
up €2,019 (+117.3%), from €1,721 to €3,740
- Financial charges +€1,535
up €1,535 (+494.1%), from €311 to €1,846
of which Non-recurring financial charges: +€1,292
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 | €112,583 | €157,924 | +€45,341 | +40.3% |
| Fixed assets | 21/28 | €1,383 | €3,158 | +€1,775 | +128.3% |
| Tangible fixed assets | 22/27 | €1,383 | €3,158 | +€1,775 | +128.3% |
| Furniture and vehicles | 24 | €1,383 | €3,158 | +€1,775 | +128.3% |
| Current assets | 29/58 | €111,200 | €154,767 | +€43,566 | +39.2% |
| Amounts receivable within one year | 40/41 | €32,875 | €137,504 | +€104,630 | +318.3% |
| Trade receivables | 40 | - | €12,364 | +€12,364 | |
| Other amounts receivable | 41 | €32,875 | €125,140 | +€92,266 | +280.7% |
| Cash at bank and in hand | 54/58 | €77,209 | €16,114 | -€61,096 | -79.1% |
| Deferred charges and accrued income | 490/1 | €1,116 | €1,149 | +€33 | +2.9% |
| Total equity and liabilities | 10/49 | €112,583 | €157,924 | +€45,341 | +40.3% |
| Equity | 10/15 | €81,014 | €134,935 | +€53,922 | +66.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,014 | €133,935 | +€53,922 | +67.4% |
| Amounts payable | 17/49 | €31,570 | €22,989 | -€8,581 | -27.2% |
| Amounts payable within one year | 42/48 | €31,570 | €22,739 | -€8,831 | -28.0% |
| Trade debts | 44 | €5,107 | €1,467 | -€3,640 | -71.3% |
| Suppliers | 440/4 | €5,107 | €1,467 | -€3,640 | -71.3% |
| Taxes, remuneration and social security | 45 | €26,463 | €21,272 | -€5,190 | -19.6% |
| Taxes | 450/3 | €26,463 | €21,272 | -€5,190 | -19.6% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €651 | €232 | -€419 | -64.3% |
| Other operating charges | 640/8 | €1,510 | €540 | -€970 | -64.2% |
| Gross operating margin | 9900 | €100,919 | €66,915 | -€34,004 | -33.7% |
| Operating profit (loss) | 9901 | €98,758 | €66,143 | -€32,616 | -33.0% |
| Financial income | 75/76B | €1,721 | €3,740 | +€2,019 | +117.3% |
| Recurring financial income | 75 | €1,721 | €3,740 | +€2,019 | +117.3% |
| Financial charges | 65/66B | €311 | €1,846 | +€1,535 | +494.1% |
| Recurring financial charges | 65 | €311 | €553 | +€243 | +78.1% |
| Non-recurring financial charges | 66B | - | €1,292 | +€1,292 | |
| Profit (loss) for the period before taxes | 9903 | €100,169 | €68,037 | -€32,132 | -32.1% |
| Income taxes | 67/77 | €20,155 | €14,115 | -€6,040 | -30.0% |
| Profit (loss) for the period | 9904 | €80,014 | €53,922 | -€26,092 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,014 | €53,922 | -€26,092 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.