COPADO CONCEPT: what changed
Two financial 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.
COPADO CONCEPT
Largest movements
- Receivables within one year +€23,454
up €23,454 (+690.0%), from €3,399 to €26,854
of which Trade receivables: +€19,931
- Tangible fixed assets +€9,759
new in 2025: €9,759
of which Furniture and vehicles: +€8,306
- Profit (loss) carried forward +€13,968
up €13,968 (+211.2%), from €6,613 to €20,582
- Other debts +€6,705
up €6,705 (+214.7%), from €3,122 to €9,827
- Debts after one year +€4,841
new in 2025: €4,841
- Tax, wage and social debts +€4,701
up €4,701 (+270.8%), from €1,736 to €6,437
- Current portion of long-term debt +€3,713
new in 2025: €3,713
- Gross operating margin +€15,068
up €15,068 (+182.6%), from €8,252 to €23,320
- Depreciation +€3,210
new in 2025: €3,210
- Taxes +€3,177
up €3,177 (+194.9%), from €1,630 to €4,807
- Staff costs +€790
new in 2025: €790
- Financial charges +€399
up €399 (+270.3%), from €147 to €546
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 | €17,646 | €50,400 | +€32,755 | +185.6% |
| Fixed assets | 21/28 | - | €9,759 | +€9,759 | |
| Tangible fixed assets | 22/27 | - | €9,759 | +€9,759 | |
| Plant, machinery and equipment | 23 | - | €1,454 | +€1,454 | |
| Furniture and vehicles | 24 | - | €8,306 | +€8,306 | |
| Current assets | 29/58 | €17,646 | €40,641 | +€22,995 | +130.3% |
| Stocks and contracts in progress | 3 | €270 | €270 | = | 0.0% |
| Stocks | 30/36 | €270 | €270 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,399 | €26,854 | +€23,454 | +690.0% |
| Trade receivables | 40 | €1,332 | €21,263 | +€19,931 | +1496.8% |
| Other amounts receivable | 41 | €2,068 | €5,590 | +€3,523 | +170.4% |
| Cash at bank and in hand | 54/58 | €13,977 | €13,518 | -€459 | -3.3% |
| Total equity and liabilities | 10/49 | €17,646 | €50,400 | +€32,755 | +185.6% |
| Equity | 10/15 | €11,613 | €25,582 | +€13,968 | +120.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,613 | €20,582 | +€13,968 | +211.2% |
| Amounts payable | 17/49 | €6,032 | €24,819 | +€18,786 | +311.4% |
| Amounts payable after more than one year | 17 | - | €4,841 | +€4,841 | |
| Financial debts | 170/4 | - | €4,841 | +€4,841 | |
| Amounts payable within one year | 42/48 | €6,032 | €19,977 | +€13,945 | +231.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,713 | +€3,713 | |
| Trade debts | 44 | €1,174 | - | -€1,174 | |
| Suppliers | 440/4 | €1,174 | - | -€1,174 | |
| Taxes, remuneration and social security | 45 | €1,736 | €6,437 | +€4,701 | +270.8% |
| Taxes | 450/3 | €1,736 | €6,437 | +€4,701 | +270.8% |
| Other amounts payable | 47/48 | €3,122 | €9,827 | +€6,705 | +214.7% |
| Remuneration, social security and pensions | 62 | - | €790 | +€790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,210 | +€3,210 | |
| Gross operating margin | 9900 | €8,252 | €23,320 | +€15,068 | +182.6% |
| Operating profit (loss) | 9901 | €8,252 | €19,321 | +€11,069 | +134.1% |
| Financial income | 75/76B | €139 | - | -€139 | |
| Recurring financial income | 75 | €139 | - | -€139 | |
| Financial charges | 65/66B | €147 | €546 | +€399 | +270.3% |
| Recurring financial charges | 65 | €147 | €546 | +€399 | +270.3% |
| Profit (loss) for the period before taxes | 9903 | €8,243 | €18,775 | +€10,531 | +127.8% |
| Income taxes | 67/77 | €1,630 | €4,807 | +€3,177 | +194.9% |
| Profit (loss) for the period | 9904 | €6,613 | €13,968 | +€7,355 | +111.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,613 | €13,968 | +€7,355 | +111.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.