COPERNICUS IT: 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.
COPERNICUS IT
Largest movements
- Cash +€56,684
up €56,684 (+12.8%), from €443,814 to €500,498
mainly Net result for the year (+€71,809) and Other debts (+€1,952)
- Reserves +€71,809
up €71,809 (+18.6%), from €385,059 to €456,869
of which Distributable reserves: +€71,809
- Tax, wage and social debts -€15,807
down €15,807 (-54.5%), from €29,017 to €13,211
- Gross operating margin -€4,376
down €4,376 (-4.0%), from €109,310 to €104,934
- Depreciation -€3,261
down €3,261 (-78.6%), from €4,147 to €886
- Financial income +€1,207
new in 2024: €1,207
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €461,303 | €516,792 | +€55,488 | +12.0% |
| Fixed assets | 21/28 | €4,099 | €3,878 | -€221 | -5.4% |
| Tangible fixed assets | 22/27 | €4,099 | €3,878 | -€221 | -5.4% |
| Land and buildings | 22 | €2,347 | €2,134 | -€213 | -9.1% |
| Plant, machinery and equipment | 23 | €1,751 | €1,744 | -€8 | -0.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €457,204 | €512,914 | +€55,709 | +12.2% |
| Amounts receivable within one year | 40/41 | €13,120 | €12,140 | -€980 | -7.5% |
| Trade receivables | 40 | €9,999 | €11,707 | +€1,708 | +17.1% |
| Other amounts receivable | 41 | €3,121 | €433 | -€2,688 | -86.1% |
| Cash at bank and in hand | 54/58 | €443,814 | €500,498 | +€56,684 | +12.8% |
| Deferred charges and accrued income | 490/1 | €271 | €276 | +€5 | +2.0% |
| Total equity and liabilities | 10/49 | €461,303 | €516,792 | +€55,488 | +12.0% |
| Equity | 10/15 | €397,459 | €469,269 | +€71,809 | +18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €385,059 | €456,869 | +€71,809 | +18.6% |
| 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 | €383,199 | €455,009 | +€71,809 | +18.7% |
| Provisions and deferred taxes | 16 | €8,800 | €8,800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,800 | €8,800 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,800 | €8,800 | = | 0.0% |
| Amounts payable | 17/49 | €55,044 | €38,723 | -€16,321 | -29.7% |
| Amounts payable within one year | 42/48 | €53,521 | €38,723 | -€14,798 | -27.6% |
| Trade debts | 44 | €2,204 | €1,260 | -€944 | -42.8% |
| Suppliers | 440/4 | €2,204 | €1,260 | -€944 | -42.8% |
| Taxes, remuneration and social security | 45 | €29,017 | €13,211 | -€15,807 | -54.5% |
| Taxes | 450/3 | €29,017 | €13,211 | -€15,807 | -54.5% |
| Other amounts payable | 47/48 | €22,299 | €24,252 | +€1,952 | +8.8% |
| Accrued charges and deferred income | 492/3 | €1,523 | - | -€1,523 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,147 | €886 | -€3,261 | -78.6% |
| Other operating charges | 640/8 | €1,002 | €1,133 | +€131 | +13.1% |
| Gross operating margin | 9900 | €109,310 | €104,934 | -€4,376 | -4.0% |
| Operating profit (loss) | 9901 | €104,161 | €102,914 | -€1,247 | -1.2% |
| Financial income | 75/76B | - | €1,207 | +€1,207 | |
| Recurring financial income | 75 | - | €1,207 | +€1,207 | |
| Financial charges | 65/66B | €241 | €295 | +€54 | +22.3% |
| Recurring financial charges | 65 | €241 | €295 | +€54 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €103,920 | €103,827 | -€93 | -0.1% |
| Income taxes | 67/77 | €31,284 | €32,018 | +€733 | +2.3% |
| Profit (loss) for the period | 9904 | €72,636 | €71,809 | -€826 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,636 | €71,809 | -€826 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.