COPP: 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.
COPP
Largest movements
- Tangible fixed assets +€36,158
up €36,158 (+9.2%), from €393,755 to €429,913
of which Land and buildings: +€37,421
- Cash +€10,127
up €10,127 (+37.9%), from €26,734 to €36,861
mainly Net result for the year (+€42,774) and Depreciation (+€31,699)
- Profit (loss) carried forward +€42,774
up €42,774 (+77.5%), from €55,159 to €97,933
- Other debts -€26,798
down €26,798 (-32.9%), from €81,454 to €54,656
- Debts after one year +€21,862
up €21,862 (+7.0%), from €312,415 to €334,276
- Current portion of long-term debt +€7,381
up €7,381 (+36.2%), from €20,397 to €27,779
- Gross operating margin +€23,680
up €23,680 (+29.1%), from €81,438 to €105,119
- Taxes +€7,220
up €7,220 (+76.6%), from €9,429 to €16,649
- Other operating charges -€4,434
down €4,434 (-54.3%), from €8,172 to €3,739
- Staff costs +€2,222
up €2,222, from -€2,222 to €0
- Depreciation -€1,766
down €1,766 (-5.3%), from €33,465 to €31,699
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 | €479,222 | €530,667 | +€51,445 | +10.7% |
| Fixed assets | 21/28 | €393,755 | €429,913 | +€36,158 | +9.2% |
| Tangible fixed assets | 22/27 | €393,755 | €429,913 | +€36,158 | +9.2% |
| Land and buildings | 22 | €345,675 | €383,096 | +€37,421 | +10.8% |
| Plant, machinery and equipment | 23 | €34,679 | €40,529 | +€5,850 | +16.9% |
| Furniture and vehicles | 24 | €13,401 | €6,288 | -€7,113 | -53.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €85,467 | €100,754 | +€15,287 | +17.9% |
| Stocks and contracts in progress | 3 | €1,311 | €2,506 | +€1,195 | +91.2% |
| Stocks | 30/36 | €1,311 | €2,506 | +€1,195 | +91.2% |
| Amounts receivable within one year | 40/41 | €56,641 | €60,477 | +€3,836 | +6.8% |
| Trade receivables | 40 | €10,600 | €14,084 | +€3,485 | +32.9% |
| Other amounts receivable | 41 | €46,042 | €46,393 | +€351 | +0.8% |
| Cash at bank and in hand | 54/58 | €26,734 | €36,861 | +€10,127 | +37.9% |
| Deferred charges and accrued income | 490/1 | €781 | €910 | +€129 | +16.6% |
| Total equity and liabilities | 10/49 | €479,222 | €530,667 | +€51,445 | +10.7% |
| Equity | 10/15 | €58,159 | €100,933 | +€42,774 | +73.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,159 | €97,933 | +€42,774 | +77.5% |
| Amounts payable | 17/49 | €421,063 | €429,734 | +€8,671 | +2.1% |
| Amounts payable after more than one year | 17 | €312,415 | €334,276 | +€21,862 | +7.0% |
| Financial debts | 170/4 | €312,415 | €334,276 | +€21,862 | +7.0% |
| Amounts payable within one year | 42/48 | €108,348 | €95,158 | -€13,190 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €20,397 | €27,779 | +€7,381 | +36.2% |
| Trade debts | 44 | €4,108 | €8,354 | +€4,246 | +103.3% |
| Suppliers | 440/4 | €4,108 | €8,354 | +€4,246 | +103.3% |
| Taxes, remuneration and social security | 45 | €2,389 | €4,369 | +€1,981 | +82.9% |
| Taxes | 450/3 | €2,389 | €4,369 | +€1,981 | +82.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €81,454 | €54,656 | -€26,798 | -32.9% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€2,222 | €0 | +€2,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,465 | €31,699 | -€1,766 | -5.3% |
| Other operating charges | 640/8 | €8,172 | €3,739 | -€4,434 | -54.3% |
| Gross operating margin | 9900 | €81,438 | €105,119 | +€23,680 | +29.1% |
| Operating profit (loss) | 9901 | €42,024 | €69,681 | +€27,658 | +65.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €10,276 | €10,259 | -€18 | -0.2% |
| Recurring financial charges | 65 | €10,276 | €10,259 | -€18 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €31,747 | €59,423 | +€27,676 | +87.2% |
| Income taxes | 67/77 | €9,429 | €16,649 | +€7,220 | +76.6% |
| Profit (loss) for the period | 9904 | €22,318 | €42,774 | +€20,456 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,318 | €42,774 | +€20,456 | +91.7% |
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.