COPALGEST: 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.
COPALGEST
Largest movements
- Deferred charges and accrued income -€1,712
down €1,712 (-33.3%), from €5,137 to €3,425
- Receivables within one year -€1,251
down €1,251 (-8.1%), from €15,463 to €14,212
of which Trade receivables: -€1,056
- Cash +€847
up €847 (+78.5%), from €1,079 to €1,926
mainly Other debts (+€12,657) and Trade debts (+€3,161)
- Profit (loss) carried forward -€13,189
down €13,189 (-279.4%), from -€4,720 to -€17,909
- Other debts +€12,657
up €12,657 (+143.3%), from €8,834 to €21,491
- Tax, wage and social debts -€4,745
down €4,745 (-93.7%), from €5,065 to €320
- Trade debts +€3,161
new in 2025: €3,161
- Gross operating margin +€9,621
up €9,621 (+45.2%), from -€21,289 to -€11,668
- Financial charges -€853
down €853 (-55.2%), from €1,546 to €693
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 | €21,679 | €19,563 | -€2,116 | -9.8% |
| Current assets | 29/58 | €21,679 | €19,563 | -€2,116 | -9.8% |
| Amounts receivable within one year | 40/41 | €15,463 | €14,212 | -€1,251 | -8.1% |
| Trade receivables | 40 | €12,094 | €11,038 | -€1,056 | -8.7% |
| Other amounts receivable | 41 | €3,370 | €3,175 | -€195 | -5.8% |
| Cash at bank and in hand | 54/58 | €1,079 | €1,926 | +€847 | +78.5% |
| Deferred charges and accrued income | 490/1 | €5,137 | €3,425 | -€1,712 | -33.3% |
| Total equity and liabilities | 10/49 | €21,679 | €19,563 | -€2,116 | -9.8% |
| Equity | 10/15 | €7,780 | -€5,409 | -€13,189 | |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,720 | -€17,909 | -€13,189 | -279.4% |
| Amounts payable | 17/49 | €13,899 | €24,972 | +€11,073 | +79.7% |
| Amounts payable within one year | 42/48 | €13,899 | €24,972 | +€11,073 | +79.7% |
| Trade debts | 44 | - | €3,161 | +€3,161 | |
| Suppliers | 440/4 | - | €3,161 | +€3,161 | |
| Taxes, remuneration and social security | 45 | €5,065 | €320 | -€4,745 | -93.7% |
| Taxes | 450/3 | €5,065 | €320 | -€4,745 | -93.7% |
| Other amounts payable | 47/48 | €8,834 | €21,491 | +€12,657 | +143.3% |
| Other operating charges | 640/8 | €695 | €508 | -€187 | -26.9% |
| Gross operating margin | 9900 | -€21,289 | -€11,668 | +€9,621 | +45.2% |
| Operating profit (loss) | 9901 | -€21,983 | -€12,176 | +€9,807 | +44.6% |
| Financial charges | 65/66B | €1,546 | €693 | -€853 | -55.2% |
| Recurring financial charges | 65 | €1,546 | €693 | -€853 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,529 | -€12,869 | +€10,660 | +45.3% |
| Income taxes | 67/77 | €394 | €320 | -€74 | -18.8% |
| Profit (loss) for the period | 9904 | -€23,923 | -€13,189 | +€10,734 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,923 | -€13,189 | +€10,734 | +44.9% |
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.