COPATECH: 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.
COPATECH
Largest movements
- Receivables within one year -€54,850
down €54,850 (-19.4%), from €283,406 to €228,556
of which Trade receivables: -€71,636
- Cash +€44,806
up €44,806 (+157.6%), from €28,424 to €73,230
mainly Other debts (+€63,526) and Receivables within one year (+€54,850)
- Trade debts -€63,741
down €63,741 (-36.5%), from €174,433 to €110,692
- Other debts +€63,526
up €63,526 (+94.6%), from €67,175 to €130,701
- Tax, wage and social debts -€13,431
down €13,431 (-84.0%), from €15,993 to €2,562
of which Taxes: -€13,831
- Accrued charges and deferred income +€11,153
new in 2025: €11,153
- Profit (loss) carried forward -€7,179
down €7,179 (-16.5%), from €43,395 to €36,216
- Gross operating margin -€9,054
down €9,054, from €2,328 to -€6,726
- Other operating charges -€1,323
down €1,323 (-92.0%), from €1,438 to €115
- Taxes -€341
down €341 (-70.7%), from €483 to €141
- Financial charges -€88
down €88 (-36.4%), from €241 to €154
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 | €315,569 | €305,897 | -€9,672 | -3.1% |
| Fixed assets | 21/28 | €43 | - | -€43 | |
| Tangible fixed assets | 22/27 | €43 | - | -€43 | |
| Plant, machinery and equipment | 23 | €43 | - | -€43 | |
| Current assets | 29/58 | €315,526 | €305,897 | -€9,629 | -3.1% |
| Amounts receivable within one year | 40/41 | €283,406 | €228,556 | -€54,850 | -19.4% |
| Trade receivables | 40 | €283,406 | €211,771 | -€71,636 | -25.3% |
| Other amounts receivable | 41 | - | €16,786 | +€16,786 | |
| Cash at bank and in hand | 54/58 | €28,424 | €73,230 | +€44,806 | +157.6% |
| Deferred charges and accrued income | 490/1 | €3,696 | €4,111 | +€415 | +11.2% |
| Total equity and liabilities | 10/49 | €315,569 | €305,897 | -€9,672 | -3.1% |
| Equity | 10/15 | €56,455 | €49,276 | -€7,179 | -12.7% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €43,395 | €36,216 | -€7,179 | -16.5% |
| Amounts payable | 17/49 | €259,114 | €256,621 | -€2,493 | -1.0% |
| Amounts payable within one year | 42/48 | €259,114 | €245,468 | -€13,646 | -5.3% |
| Trade debts | 44 | €174,433 | €110,692 | -€63,741 | -36.5% |
| Suppliers | 440/4 | €174,433 | €110,692 | -€63,741 | -36.5% |
| Advances received on contracts in progress | 46 | €1,513 | €1,513 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,993 | €2,562 | -€13,431 | -84.0% |
| Taxes | 450/3 | €15,593 | €1,762 | -€13,831 | -88.7% |
| Remuneration and social security | 454/9 | €400 | €800 | +€400 | +100.0% |
| Other amounts payable | 47/48 | €67,175 | €130,701 | +€63,526 | +94.6% |
| Accrued charges and deferred income | 492/3 | - | €11,153 | +€11,153 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €43 | -€43 | -50.0% |
| Other operating charges | 640/8 | €1,438 | €115 | -€1,323 | -92.0% |
| Gross operating margin | 9900 | €2,328 | -€6,726 | -€9,054 | |
| Operating profit (loss) | 9901 | €805 | -€6,884 | -€7,688 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.3% |
| Financial charges | 65/66B | €241 | €154 | -€88 | -36.4% |
| Recurring financial charges | 65 | €241 | €154 | -€88 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €566 | -€7,037 | -€7,604 | |
| Income taxes | 67/77 | €483 | €141 | -€341 | -70.7% |
| Profit (loss) for the period | 9904 | €83 | -€7,179 | -€7,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €83 | -€7,179 | -€7,262 |
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 11 October 2026 via checked.be.