COPARTIM: 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.
COPARTIM
Largest movements
- Tangible fixed assets +€79,460
up €79,460 (+58.9%), from €134,863 to €214,323
of which Furniture and vehicles: +€74,433
- Cash -€54,370
down €54,370 (-52.0%), from €104,548 to €50,179
mainly Other debts (-€200,336) and Investment in fixed assets (net) (-€98,275)
- Current investments +€50,146
new in 2026: €50,146
- Stocks and contracts -€41,750
no longer reported in 2026 (was €41,750)
- Receivables within one year -€19,438
down €19,438 (-46.7%), from €41,619 to €22,181
of which Trade receivables: -€18,219
- Profit (loss) carried forward +€259,612
up €259,612 (+22.1%), from €1.2m to €1.4m
- Other debts -€200,336
no longer reported in 2026 (was €200,336)
- Current portion of long-term debt -€40,000
down €40,000 (-40.3%), from €99,260 to €59,260
- Financial income -€149,753
down €149,753 (-43.4%), from €345,000 to €195,247
- Gross operating margin +€26,951
up €26,951 (+26.9%), from €100,011 to €126,962
- Depreciation +€11,927
up €11,927 (+173.2%), from €6,888 to €18,815
- Taxes +€4,756
up €4,756 (+24.8%), from €19,158 to €23,913
- Financial charges -€2,074
down €2,074 (-34.4%), from €6,036 to €3,962
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,516,345 | €1,531,726 | +€15,382 | +1.0% |
| Fixed assets | 21/28 | €1,326,935 | €1,406,396 | +€79,460 | +6.0% |
| Tangible fixed assets | 22/27 | €134,863 | €214,323 | +€79,460 | +58.9% |
| Land and buildings | 22 | €114,868 | €111,698 | -€3,170 | -2.8% |
| Plant, machinery and equipment | 23 | €5,550 | €15,825 | +€10,275 | +185.1% |
| Furniture and vehicles | 24 | €1,316 | €75,749 | +€74,433 | +5654.0% |
| Other tangible fixed assets | 26 | €13,129 | €11,051 | -€2,078 | -15.8% |
| Financial fixed assets | 28 | €1,192,073 | €1,192,073 | = | 0.0% |
| Current assets | 29/58 | €189,409 | €125,331 | -€64,079 | -33.8% |
| Stocks and contracts in progress | 3 | €41,750 | - | -€41,750 | |
| Stocks | 30/36 | €41,750 | - | -€41,750 | |
| Amounts receivable within one year | 40/41 | €41,619 | €22,181 | -€19,438 | -46.7% |
| Trade receivables | 40 | €38,277 | €20,058 | -€18,219 | -47.6% |
| Other amounts receivable | 41 | €3,342 | €2,124 | -€1,219 | -36.5% |
| Current investments | 50/53 | - | €50,146 | +€50,146 | |
| Cash at bank and in hand | 54/58 | €104,548 | €50,179 | -€54,370 | -52.0% |
| Deferred charges and accrued income | 490/1 | €1,491 | €2,825 | +€1,333 | +89.4% |
| Total equity and liabilities | 10/49 | €1,516,345 | €1,531,726 | +€15,382 | +1.0% |
| Equity | 10/15 | €1,193,929 | €1,453,588 | +€259,660 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,908 | +€48 | +2.6% |
| Tax-exempt reserves | 132 | - | €48 | +€48 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,173,469 | €1,433,080 | +€259,612 | +22.1% |
| Amounts payable | 17/49 | €322,416 | €78,138 | -€244,278 | -75.8% |
| Amounts payable after more than one year | 17 | €9,260 | - | -€9,260 | |
| Financial debts | 170/4 | €9,260 | - | -€9,260 | |
| Amounts payable within one year | 42/48 | €312,376 | €77,741 | -€234,635 | -75.1% |
| Current portion of amounts payable after more than one year | 42 | €99,260 | €59,260 | -€40,000 | -40.3% |
| Financial debts | 43 | - | €774 | +€774 | |
| Credit institutions | 430/8 | - | €774 | +€774 | |
| Trade debts | 44 | €3,753 | €2,616 | -€1,137 | -30.3% |
| Suppliers | 440/4 | €3,753 | €2,616 | -€1,137 | -30.3% |
| Taxes, remuneration and social security | 45 | €9,027 | €15,092 | +€6,065 | +67.2% |
| Taxes | 450/3 | €9,027 | €15,092 | +€6,065 | +67.2% |
| Other amounts payable | 47/48 | €200,336 | - | -€200,336 | |
| Accrued charges and deferred income | 492/3 | €780 | €397 | -€384 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,888 | €18,815 | +€11,927 | +173.2% |
| Other operating charges | 640/8 | €14,240 | €15,859 | +€1,620 | +11.4% |
| Gross operating margin | 9900 | €100,011 | €126,962 | +€26,951 | +26.9% |
| Operating profit (loss) | 9901 | €78,883 | €92,288 | +€13,404 | +17.0% |
| Financial income | 75/76B | €345,000 | €195,247 | -€149,753 | -43.4% |
| Recurring financial income | 75 | €345,000 | €195,247 | -€149,753 | -43.4% |
| Financial charges | 65/66B | €6,036 | €3,962 | -€2,074 | -34.4% |
| Recurring financial charges | 65 | €6,036 | €3,962 | -€2,074 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €417,847 | €283,573 | -€134,274 | -32.1% |
| Income taxes | 67/77 | €19,158 | €23,913 | +€4,756 | +24.8% |
| Profit (loss) for the period | 9904 | €398,690 | €259,660 | -€139,030 | -34.9% |
| Transfer to tax-exempt reserves | 689 | - | €48 | +€48 | |
| Profit (loss) for the period to be appropriated | 9905 | €398,690 | €259,612 | -€139,078 | -34.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.