COPACABANA: 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.
COPACABANA
Largest movements
- Receivables within one year +€51,965
up €51,965 (+416.2%), from €12,485 to €64,450
of which Trade receivables: +€52,309
- Stocks and contracts -€19,449
down €19,449 (-29.8%), from €65,275 to €45,826
- Cash -€2,936
down €2,936 (-25.9%), from €11,347 to €8,411
mainly Receivables within one year (-€51,965) and Tax, wage and social debts (-€557)
- Profit (loss) carried forward +€22,973
up €22,973 (+45.7%), from -€50,218 to -€27,245
- Other debts +€4,725
up €4,725 (+10.4%), from €45,590 to €50,315
- Trade debts +€2,643
up €2,643 (+75.2%), from €3,516 to €6,158
- Gross operating margin +€22,341
up €22,341 (+92.6%), from €24,123 to €46,464
- Financial charges -€983
down €983 (-35.3%), from €2,786 to €1,803
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 | €89,326 | €119,308 | +€29,982 | +33.6% |
| Fixed assets | 21/28 | €49 | €445 | +€397 | +811.7% |
| Tangible fixed assets | 22/27 | - | €397 | +€397 | |
| Furniture and vehicles | 24 | - | €397 | +€397 | |
| Financial fixed assets | 28 | €49 | €49 | = | 0.0% |
| Current assets | 29/58 | €89,278 | €118,863 | +€29,585 | +33.1% |
| Stocks and contracts in progress | 3 | €65,275 | €45,826 | -€19,449 | -29.8% |
| Stocks | 30/36 | €65,275 | €45,826 | -€19,449 | -29.8% |
| Amounts receivable within one year | 40/41 | €12,485 | €64,450 | +€51,965 | +416.2% |
| Trade receivables | 40 | €12,141 | €64,450 | +€52,309 | +430.9% |
| Other amounts receivable | 41 | €344 | €0 | -€344 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,347 | €8,411 | -€2,936 | -25.9% |
| Deferred charges and accrued income | 490/1 | €171 | €176 | +€5 | +2.7% |
| Total equity and liabilities | 10/49 | €89,326 | €119,308 | +€29,982 | +33.6% |
| Equity | 10/15 | €33,621 | €56,594 | +€22,973 | +68.3% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €9,471 | €9,471 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €2,034 | €2,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,218 | -€27,245 | +€22,973 | +45.7% |
| Amounts payable | 17/49 | €55,705 | €62,714 | +€7,009 | +12.6% |
| Amounts payable within one year | 42/48 | €55,705 | €62,516 | +€6,810 | +12.2% |
| Trade debts | 44 | €3,516 | €6,158 | +€2,643 | +75.2% |
| Suppliers | 440/4 | €3,516 | €6,158 | +€2,643 | +75.2% |
| Taxes, remuneration and social security | 45 | €6,600 | €6,043 | -€557 | -8.4% |
| Taxes | 450/3 | €4,223 | €3,555 | -€668 | -15.8% |
| Remuneration and social security | 454/9 | €2,377 | €2,488 | +€111 | +4.7% |
| Other amounts payable | 47/48 | €45,590 | €50,315 | +€4,725 | +10.4% |
| Accrued charges and deferred income | 492/3 | - | €198 | +€198 | |
| Non-recurring operating income | 76A | - | €31,674 | +€31,674 | |
| Remuneration, social security and pensions | 62 | €20,786 | €21,241 | +€455 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €52 | +€52 | |
| Other operating charges | 640/8 | €402 | €394 | -€7 | -1.9% |
| Gross operating margin | 9900 | €24,123 | €46,464 | +€22,341 | +92.6% |
| Operating profit (loss) | 9901 | €2,934 | €24,776 | +€21,841 | +744.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +20.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +20.0% |
| Financial charges | 65/66B | €2,786 | €1,803 | -€983 | -35.3% |
| Recurring financial charges | 65 | €2,786 | €1,803 | -€983 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €149 | €22,973 | +€22,824 | +15349.2% |
| Profit (loss) for the period | 9904 | €149 | €22,973 | +€22,824 | +15349.2% |
| Profit (loss) for the period to be appropriated | 9905 | €149 | €22,973 | +€22,824 | +15349.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.