COPP&CAU: 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.
COPP&CAU
Largest movements
- Cash -€23,310
down €23,310 (-29.6%), from €78,749 to €55,439
mainly Contributions, distributions and other (-€66,243) and Investment in fixed assets (net) (-€8,540)
- Tangible fixed assets -€6,351
down €6,351 (-20.0%), from €31,728 to €25,376
of which Furniture and vehicles: -€10,190
- Intangible fixed assets -€3,700
down €3,700 (-33.3%), from €11,100 to €7,400
- Receivables within one year +€3,407
up €3,407 (+6194.4%), from €55 to €3,462
- Receivables after one year -€2,000
no longer reported in 2025 (was €2,000)
- Profit (loss) carried forward -€28,218
no longer reported in 2025 (was €28,218)
- Tax, wage and social debts -€8,037
down €8,037 (-33.1%), from €24,304 to €16,267
- Trade debts +€7,552
up €7,552 (+97.3%), from €7,760 to €15,312
- Debts after one year -€5,832
down €5,832 (-33.9%), from €17,228 to €11,397
- Other debts +€3,690
up €3,690 (+4.0%), from €91,394 to €95,084
- Gross operating margin +€13,880
up €13,880 (+25.5%), from €54,521 to €68,401
- Taxes +€2,777
up €2,777 (+32.5%), from €8,554 to €11,330
- Financial income +€1,387
up €1,387 (+264.8%), from €524 to €1,911
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 | €176,673 | €146,091 | -€30,581 | -17.3% |
| Fixed assets | 21/28 | €45,368 | €35,316 | -€10,051 | -22.2% |
| Intangible fixed assets | 21 | €11,100 | €7,400 | -€3,700 | -33.3% |
| Tangible fixed assets | 22/27 | €31,728 | €25,376 | -€6,351 | -20.0% |
| Plant, machinery and equipment | 23 | €1,941 | €651 | -€1,290 | -66.5% |
| Furniture and vehicles | 24 | €19,655 | €9,466 | -€10,190 | -51.8% |
| Other tangible fixed assets | 26 | €10,131 | €15,260 | +€5,129 | +50.6% |
| Financial fixed assets | 28 | €2,540 | €2,540 | = | 0.0% |
| Current assets | 29/58 | €131,305 | €110,775 | -€20,530 | -15.6% |
| Amounts receivable after more than one year | 29 | €2,000 | - | -€2,000 | |
| Other amounts receivable | 291 | €2,000 | - | -€2,000 | |
| Amounts receivable within one year | 40/41 | €55 | €3,462 | +€3,407 | +6194.4% |
| Trade receivables | 40 | €55 | €3,462 | +€3,407 | +6194.4% |
| Current investments | 50/53 | €50,000 | €51,379 | +€1,379 | +2.8% |
| Cash at bank and in hand | 54/58 | €78,749 | €55,439 | -€23,310 | -29.6% |
| Deferred charges and accrued income | 490/1 | €501 | €496 | -€6 | -1.2% |
| Total equity and liabilities | 10/49 | €176,673 | €146,091 | -€30,581 | -17.3% |
| Equity | 10/15 | €30,218 | €2,000 | -€28,218 | -93.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,218 | - | -€28,218 | |
| Amounts payable | 17/49 | €146,455 | €144,091 | -€2,363 | -1.6% |
| Amounts payable after more than one year | 17 | €17,228 | €11,397 | -€5,832 | -33.9% |
| Financial debts | 170/4 | €17,228 | €11,397 | -€5,832 | -33.9% |
| Amounts payable within one year | 42/48 | €129,034 | €132,495 | +€3,461 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €5,576 | €5,832 | +€256 | +4.6% |
| Trade debts | 44 | €7,760 | €15,312 | +€7,552 | +97.3% |
| Suppliers | 440/4 | €7,760 | €15,312 | +€7,552 | +97.3% |
| Taxes, remuneration and social security | 45 | €24,304 | €16,267 | -€8,037 | -33.1% |
| Taxes | 450/3 | €24,304 | €16,267 | -€8,037 | -33.1% |
| Other amounts payable | 47/48 | €91,394 | €95,084 | +€3,690 | +4.0% |
| Accrued charges and deferred income | 492/3 | €192 | €200 | +€7 | +3.9% |
| Non-recurring operating income | 76A | €432 | €263 | -€168 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,214 | €18,591 | +€377 | +2.1% |
| Other operating charges | 640/8 | €1,214 | €1,351 | +€137 | +11.3% |
| Gross operating margin | 9900 | €54,521 | €68,401 | +€13,880 | +25.5% |
| Operating profit (loss) | 9901 | €35,092 | €48,459 | +€13,367 | +38.1% |
| Financial income | 75/76B | €524 | €1,911 | +€1,387 | +264.8% |
| Recurring financial income | 75 | €524 | €1,911 | +€1,387 | +264.8% |
| Financial charges | 65/66B | €1,288 | €1,016 | -€273 | -21.2% |
| Recurring financial charges | 65 | €1,288 | €1,016 | -€273 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €34,328 | €49,355 | +€15,027 | +43.8% |
| Income taxes | 67/77 | €8,554 | €11,330 | +€2,777 | +32.5% |
| Profit (loss) for the period | 9904 | €25,774 | €38,024 | +€12,250 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,774 | €38,024 | +€12,250 | +47.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.