COPIMCO: 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.
COPIMCO
Largest movements
- Tangible fixed assets -€109,507
down €109,507 (-7.8%), from €1.4m to €1.3m
- Cash +€78,961
up €78,961 (+44.5%), from €177,363 to €256,324
mainly Depreciation (+€109,507) and Net result for the year (+€71,165)
- Debts after one year -€121,600
down €121,600 (-11.6%), from €1.0m to €922,800
- Profit (loss) carried forward +€71,165
up €71,165 (+25.3%), from €281,705 to €352,870
- Financial charges -€10,614
down €10,614 (-29.4%), from €36,142 to €25,529
- Gross operating margin +€5,000
up €5,000 (+2.1%), from €232,742 to €237,742
- Taxes +€4,056
up €4,056 (+20.4%), from €19,866 to €23,921
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 | €1,598,671 | €1,554,525 | -€44,145 | -2.8% |
| Fixed assets | 21/28 | €1,407,077 | €1,297,570 | -€109,507 | -7.8% |
| Tangible fixed assets | 22/27 | €1,407,077 | €1,297,570 | -€109,507 | -7.8% |
| Land and buildings | 22 | €1,407,077 | €1,297,570 | -€109,507 | -7.8% |
| Current assets | 29/58 | €191,594 | €256,955 | +€65,361 | +34.1% |
| Amounts receivable within one year | 40/41 | €13,634 | €0 | -€13,634 | -100.0% |
| Other amounts receivable | 41 | €13,634 | €0 | -€13,634 | -100.0% |
| Cash at bank and in hand | 54/58 | €177,363 | €256,324 | +€78,961 | +44.5% |
| Deferred charges and accrued income | 490/1 | €597 | €631 | +€34 | +5.8% |
| Total equity and liabilities | 10/49 | €1,598,671 | €1,554,525 | -€44,145 | -2.8% |
| Equity | 10/15 | €336,705 | €407,870 | +€71,165 | +21.1% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281,705 | €352,870 | +€71,165 | +25.3% |
| Amounts payable | 17/49 | €1,261,966 | €1,146,656 | -€115,310 | -9.1% |
| Amounts payable after more than one year | 17 | €1,044,400 | €922,800 | -€121,600 | -11.6% |
| Financial debts | 170/4 | €1,044,400 | €922,800 | -€121,600 | -11.6% |
| Amounts payable within one year | 42/48 | €121,600 | €125,600 | +€4,000 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €121,600 | €121,600 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €4,000 | +€4,000 | |
| Taxes | 450/3 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €95,966 | €98,256 | +€2,290 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,507 | €109,507 | = | 0.0% |
| Other operating charges | 640/8 | €7,407 | €7,623 | +€215 | +2.9% |
| Gross operating margin | 9900 | €232,742 | €237,742 | +€5,000 | +2.1% |
| Operating profit (loss) | 9901 | €115,828 | €120,613 | +€4,785 | +4.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €36,142 | €25,529 | -€10,614 | -29.4% |
| Recurring financial charges | 65 | €36,142 | €25,529 | -€10,614 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €79,686 | €95,086 | +€15,400 | +19.3% |
| Income taxes | 67/77 | €19,866 | €23,921 | +€4,056 | +20.4% |
| Profit (loss) for the period | 9904 | €59,820 | €71,165 | +€11,345 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,820 | €71,165 | +€11,345 | +19.0% |
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 9 October 2026 via checked.be.