COPALIM: 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.
COPALIM
Largest movements
- Current investments +€36,189
up €36,189 (+18.5%), from €195,403 to €231,592
- Receivables after one year -€26,882
down €26,882 (-1.7%), from €1.6m to €1.5m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€18,442
up €18,442, from -€3,552 to €14,890
- Taxes +€9,204
up €9,204, from -€5,856 to €3,348
- Financial charges -€386
down €386 (-28.0%), from €1,378 to €992
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.
Derived cash bridge
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 | €1,793,163 | €1,804,001 | +€10,838 | +0.6% |
| Current assets | 29/58 | €1,793,163 | €1,804,001 | +€10,838 | +0.6% |
| Amounts receivable after more than one year | 29 | €1,553,075 | €1,526,193 | -€26,882 | -1.7% |
| Trade receivables | 290 | €1,553,075 | €1,526,193 | -€26,882 | -1.7% |
| Stocks and contracts in progress | 3 | €225 | €225 | = | 0.0% |
| Stocks | 30/36 | €225 | €225 | = | 0.0% |
| Current investments | 50/53 | €195,403 | €231,592 | +€36,189 | +18.5% |
| Cash at bank and in hand | 54/58 | €4,016 | €3,999 | -€17 | -0.4% |
| Deferred charges and accrued income | 490/1 | €40,444 | €41,992 | +€1,548 | +3.8% |
| Total equity and liabilities | 10/49 | €1,793,163 | €1,804,001 | +€10,838 | +0.6% |
| Equity | 10/15 | €1,791,576 | €1,801,035 | +€9,459 | +0.5% |
| Contributions | 10/11 | €2,100,000 | €2,100,000 | = | 0.0% |
| Capital | 10 | €2,100,000 | €2,100,000 | = | 0.0% |
| Issued capital | 100 | €2,100,000 | €2,100,000 | = | 0.0% |
| Reserves | 13 | €6,450 | €6,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,450 | €6,450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,450 | €6,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314,874 | -€305,415 | +€9,459 | +3.0% |
| Amounts payable | 17/49 | €1,587 | €2,966 | +€1,379 | +86.9% |
| Amounts payable within one year | 42/48 | €1,058 | €2,966 | +€1,908 | +180% |
| Trade debts | 44 | €58 | €61 | +€3 | +5.2% |
| Suppliers | 440/4 | €58 | €61 | +€3 | +5.2% |
| Taxes, remuneration and social security | 45 | €1,000 | €2,905 | +€1,905 | +191% |
| Taxes | 450/3 | - | €1,905 | +€1,905 | |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €529 | - | -€529 | |
| Other operating charges | 640/8 | €1,081 | €1,091 | +€10 | +0.9% |
| Gross operating margin | 9900 | -€3,552 | €14,890 | +€18,442 | |
| Operating profit (loss) | 9901 | -€4,633 | €13,799 | +€18,432 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,378 | €992 | -€386 | -28.0% |
| Recurring financial charges | 65 | €1,378 | €992 | -€386 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,010 | €12,807 | +€18,817 | |
| Income taxes | 67/77 | -€5,856 | €3,348 | +€9,204 | |
| Profit (loss) for the period | 9904 | -€154 | €9,459 | +€9,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€154 | €9,459 | +€9,613 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.