Copman: 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.
Copman
Largest movements
- Cash +€28,042
up €28,042 (+586.1%), from €4,784 to €32,826
mainly Net result for the year (+€21,190) and Receivables within one year (+€10,398)
- Receivables within one year -€10,398
down €10,398 (-54.7%), from €18,994 to €8,596
of which Other amounts receivable: -€18,994
- Deferred charges and accrued income -€1,789
down €1,789 (-72.8%), from €2,456 to €667
- Reserves +€21,190
up €21,190 (+165.0%), from €12,841 to €34,031
- Trade debts -€3,145
down €3,145 (-91.5%), from €3,437 to €292
- Tax, wage and social debts -€2,950
down €2,950 (-76.3%), from €3,866 to €915
- Other debts +€847
new in 2025: €847
- Gross operating margin +€12,085
up €12,085 (+72.5%), from €16,661 to €28,746
- Taxes +€3,050
up €3,050 (+78.9%), from €3,866 to €6,915
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 | €26,984 | €42,539 | +€15,555 | +57.6% |
| Fixed assets | 21/28 | €749 | €450 | -€300 | -40.0% |
| Tangible fixed assets | 22/27 | €749 | €450 | -€300 | -40.0% |
| Plant, machinery and equipment | 23 | €749 | €450 | -€300 | -40.0% |
| Current assets | 29/58 | €26,235 | €42,089 | +€15,855 | +60.4% |
| Amounts receivable within one year | 40/41 | €18,994 | €8,596 | -€10,398 | -54.7% |
| Trade receivables | 40 | - | €8,596 | +€8,596 | |
| Other amounts receivable | 41 | €18,994 | €0 | -€18,994 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,784 | €32,826 | +€28,042 | +586.1% |
| Deferred charges and accrued income | 490/1 | €2,456 | €667 | -€1,789 | -72.8% |
| Total equity and liabilities | 10/49 | €26,984 | €42,539 | +€15,555 | +57.6% |
| Equity | 10/15 | €17,841 | €39,031 | +€21,190 | +118.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,841 | €34,031 | +€21,190 | +165.0% |
| Distributable reserves | 133 | €12,841 | €34,031 | +€21,190 | +165.0% |
| Amounts payable | 17/49 | €9,143 | €3,508 | -€5,635 | -61.6% |
| Amounts payable within one year | 42/48 | €7,302 | €2,054 | -€5,249 | -71.9% |
| Trade debts | 44 | €3,437 | €292 | -€3,145 | -91.5% |
| Suppliers | 440/4 | €3,437 | €292 | -€3,145 | -91.5% |
| Taxes, remuneration and social security | 45 | €3,866 | €915 | -€2,950 | -76.3% |
| Taxes | 450/3 | €3,866 | €915 | -€2,950 | -76.3% |
| Other amounts payable | 47/48 | - | €847 | +€847 | |
| Accrued charges and deferred income | 492/3 | €1,840 | €1,454 | -€386 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150 | €300 | +€150 | +100.0% |
| Other operating charges | 640/8 | - | €284 | +€284 | |
| Gross operating margin | 9900 | €16,661 | €28,746 | +€12,085 | +72.5% |
| Operating profit (loss) | 9901 | €16,511 | €28,163 | +€11,652 | +70.6% |
| Financial income | 75/76B | €205 | €0 | -€205 | -100.0% |
| Recurring financial income | 75 | €205 | €0 | -€205 | -100.0% |
| Financial charges | 65/66B | €10 | €58 | +€48 | +475.4% |
| Recurring financial charges | 65 | €10 | €58 | +€48 | +475.4% |
| Profit (loss) for the period before taxes | 9903 | €16,706 | €28,105 | +€11,399 | +68.2% |
| Income taxes | 67/77 | €3,866 | €6,915 | +€3,050 | +78.9% |
| Profit (loss) for the period | 9904 | €12,841 | €21,190 | +€8,349 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,841 | €21,190 | +€8,349 | +65.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.