Coparbel SComm: 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.
What changed
Coparbel SComm
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4.3m
2024 · €3.3m+€985,957
Equity
€343.8m
2024 · €339.5m+€4.3m
Cash
€1.0m
2024 · €1.3m-€284,997
Balance sheet total
€351.8m
2024 · €345.6m+€6.2m
Largest movements
Assets
- Financial fixed assets +€6.3m
up €6.3m (+1.9%), from €341.2m to €347.5m
Equity and liabilities
- Profit (loss) carried forward +€4.3m
up €4.3m (+16.7%), from €25.5m to €29.8m
Income statement
- Financial income +€1.0m
up €1.0m (+29.7%), from €3.4m to €4.4m
- Gross operating margin -€29,946
down €29,946 (-42.3%), from -€70,787 to -€100,734
- Financial charges -€16,937
down €16,937 (-30.7%), from €55,103 to €38,166
- Taxes +€11,644
up €11,644, from €0 to €11,644
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.
Result 2024
€3.3m
Gross operating margin
-€29,946
Other operating charges
+€7
Financial income
+€1.0m
Financial charges
+€16,937
Taxes
-€11,644
Result 2025
€4.3m
raises the resultlowers the result
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.
From operations
+€4.1m
Investment
-€6.4m
Financing
+€2.0m
Cash 2024
€1.3m
From operations (derived)
+€4.1m
Net result for the year
+€4.3m
Receivables within one year
-€101,599
Smaller working-capital items
+€7,939
Other debts
-€17,000
Investment (derived)
-€6.4m
Investment in fixed assets (net)
-€6.4m
Current investments
-€21,003
Financing
+€2.0m
Debts after one year
+€2.0m
Short-term financial debts
+€182
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,598,167 | €351,843,831 | +€6.2m | +1.8% |
| Fixed assets | 21/28 | €341,505,130 | €347,913,188 | +€6.4m | +1.9% |
| Tangible fixed assets | 22/27 | €287,360 | €364,912 | +€77,552 | +27.0% |
| Other tangible fixed assets | 26 | €287,360 | €364,912 | +€77,552 | +27.0% |
| Financial fixed assets | 28 | €341,217,770 | €347,548,276 | +€6.3m | +1.9% |
| Current assets | 29/58 | €4,093,038 | €3,930,642 | -€162,395 | -4.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €658,969 | €760,569 | +€101,599 | +15.4% |
| Other amounts receivable | 41 | €658,969 | €760,569 | +€101,599 | +15.4% |
| Current investments | 50/53 | €2,114,507 | €2,135,510 | +€21,003 | +1.0% |
| Cash at bank and in hand | 54/58 | €1,319,561 | €1,034,564 | -€284,997 | -21.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €345,598,167 | €351,843,831 | +€6.2m | +1.8% |
| Equity | 10/15 | €339,495,813 | €343,750,356 | +€4.3m | +1.3% |
| Contributions | 10/11 | €313,137,938 | €313,137,938 | = | 0.0% |
| Reserves | 13 | €830,000 | €830,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €830,000 | €830,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €830,000 | €830,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,527,875 | €29,782,418 | +€4.3m | +16.7% |
| Amounts payable | 17/49 | €6,102,354 | €8,093,474 | +€2.0m | +32.6% |
| Amounts payable after more than one year | 17 | - | €2,000,000 | +€2.0m | |
| Financial debts | 170/4 | - | €2,000,000 | +€2.0m | |
| Amounts payable within one year | 42/48 | €6,102,354 | €6,091,697 | -€10,658 | -0.2% |
| Financial debts | 43 | - | €182 | +€182 | |
| Credit institutions | 430/8 | - | €182 | +€182 | |
| Trade debts | 44 | €2,386 | €8,547 | +€6,161 | +258% |
| Suppliers | 440/4 | €2,386 | €8,547 | +€6,161 | +258% |
| Other amounts payable | 47/48 | €6,099,969 | €6,082,969 | -€17,000 | -0.3% |
| Accrued charges and deferred income | 492/3 | - | €1,778 | +€1,778 | |
| Other operating charges | 640/8 | €5,176 | €5,169 | -€7 | -0.1% |
| Gross operating margin | 9900 | -€70,787 | -€100,734 | -€29,946 | -42.3% |
| Operating profit (loss) | 9901 | -€75,963 | -€105,902 | -€29,939 | -39.4% |
| Financial income | 75/76B | €3,399,653 | €4,410,256 | +€1.0m | +29.7% |
| Recurring financial income | 75 | €3,399,653 | €4,410,256 | +€1.0m | +29.7% |
| Financial charges | 65/66B | €55,103 | €38,166 | -€16,937 | -30.7% |
| Recurring financial charges | 65 | €55,103 | €38,166 | -€16,937 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €3,268,586 | €4,266,188 | +€997,601 | +30.5% |
| Income taxes | 67/77 | €0 | €11,644 | +€11,644 | |
| Profit (loss) for the period | 9904 | €3,268,586 | €4,254,543 | +€985,957 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,268,586 | €4,254,543 | +€985,957 | +30.2% |
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 28 October 2026 via checked.be.