COPASS: 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.
COPASS
Largest movements
- Tangible fixed assets -€25,048
down €25,048 (-3.8%), from €654,912 to €629,864
of which Land and buildings: -€24,319
- Debts after one year -€25,849
down €25,849 (-5.8%), from €442,846 to €416,997
- Profit (loss) carried forward +€23,782
up €23,782 (+90.8%), from -€26,187 to -€2,405
- Other debts -€17,906
down €17,906 (-11.1%), from €161,349 to €143,443
- Gross operating margin +€32,122
up €32,122 (+90.6%), from €35,441 to €67,564
- Provisions -€27,500
down €27,500 (-100%), from €27,500 to €0
- Other operating charges -€6,930
down €6,930 (-54.2%), from €12,790 to €5,860
- Financial charges -€806
down €806 (-5.9%), from €13,641 to €12,835
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 | €663,931 | €641,850 | -€22,081 | -3.3% |
| Fixed assets | 21/28 | €654,912 | €629,864 | -€25,048 | -3.8% |
| Tangible fixed assets | 22/27 | €654,912 | €629,864 | -€25,048 | -3.8% |
| Land and buildings | 22 | €653,559 | €629,240 | -€24,319 | -3.7% |
| Furniture and vehicles | 24 | €1,353 | €625 | -€729 | -53.9% |
| Current assets | 29/58 | €9,019 | €11,986 | +€2,967 | +32.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,019 | €11,986 | +€2,967 | +32.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €663,931 | €641,850 | -€22,081 | -3.3% |
| Equity | 10/15 | €4,279 | €28,061 | +€23,782 | +556% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,866 | €11,866 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,006 | €10,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,187 | -€2,405 | +€23,782 | +90.8% |
| Provisions and deferred taxes | 16 | €27,500 | €27,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €27,500 | €27,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €27,500 | €27,500 | = | 0.0% |
| Amounts payable | 17/49 | €632,152 | €586,289 | -€45,863 | -7.3% |
| Amounts payable after more than one year | 17 | €442,846 | €416,997 | -€25,849 | -5.8% |
| Financial debts | 170/4 | €442,846 | €416,997 | -€25,849 | -5.8% |
| Amounts payable within one year | 42/48 | €189,306 | €169,292 | -€20,014 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €25,849 | €25,849 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,109 | €0 | -€2,109 | -100% |
| Taxes | 450/3 | €2,109 | €0 | -€2,109 | -100% |
| Other amounts payable | 47/48 | €161,349 | €143,443 | -€17,906 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,052 | €25,048 | -€4 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €27,500 | €0 | -€27,500 | -100% |
| Other operating charges | 640/8 | €12,790 | €5,860 | -€6,930 | -54.2% |
| Non-recurring operating charges | 66A | €4,448 | €0 | -€4,448 | -100% |
| Gross operating margin | 9900 | €35,441 | €67,564 | +€32,122 | +90.6% |
| Operating profit (loss) | 9901 | -€34,348 | €36,656 | +€71,004 | |
| Financial charges | 65/66B | €13,641 | €12,835 | -€806 | -5.9% |
| Recurring financial charges | 65 | €13,641 | €12,835 | -€806 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,989 | €23,821 | +€71,810 | |
| Income taxes | 67/77 | €125 | €39 | -€86 | -68.8% |
| Profit (loss) for the period | 9904 | -€48,114 | €23,782 | +€71,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,114 | €23,782 | +€71,896 |
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 15 October 2026 via checked.be.