Coppée E & A: 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.
Coppée E & A
Largest movements
- Tangible fixed assets -€37,307
down €37,307 (-28.7%), from €129,973 to €92,666
of which Plant, machinery and equipment: -€22,453
- Cash +€17,573
up €17,573 (+40.8%), from €43,062 to €60,635
mainly Depreciation (+€38,307) and Tax, wage and social debts (+€19,773)
- Tax, wage and social debts +€19,773
up €19,773 (+225.7%), from €8,761 to €28,534
of which Remuneration and social security: +€20,906
- Debts after one year -€19,688
down €19,688 (-24.4%), from €80,744 to €61,056
- Other debts -€18,472
down €18,472 (-13.4%), from €138,238 to €119,766
- Staff costs +€33,966
up €33,966 (+30.7%), from €110,639 to €144,605
- Gross operating margin +€23,945
up €23,945 (+14.8%), from €161,510 to €185,455
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 | €360,580 | €340,232 | -€20,348 | -5.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €141,501 | €103,184 | -€38,317 | -27.1% |
| Intangible fixed assets | 21 | €6,496 | €5,496 | -€1,000 | -15.4% |
| Tangible fixed assets | 22/27 | €129,973 | €92,666 | -€37,307 | -28.7% |
| Plant, machinery and equipment | 23 | €84,552 | €62,099 | -€22,453 | -26.6% |
| Furniture and vehicles | 24 | €17,523 | €6,347 | -€11,176 | -63.8% |
| Other tangible fixed assets | 26 | €27,898 | €24,219 | -€3,679 | -13.2% |
| Financial fixed assets | 28 | €5,032 | €5,022 | -€10 | -0.2% |
| Current assets | 29/58 | €219,079 | €237,047 | +€17,969 | +8.2% |
| Stocks and contracts in progress | 3 | €160,364 | €157,672 | -€2,692 | -1.7% |
| Stocks | 30/36 | €160,364 | €157,672 | -€2,692 | -1.7% |
| Amounts receivable within one year | 40/41 | €12,207 | €13,398 | +€1,191 | +9.8% |
| Trade receivables | 40 | €5,269 | €1,771 | -€3,497 | -66.4% |
| Other amounts receivable | 41 | €6,938 | €11,626 | +€4,688 | +67.6% |
| Cash at bank and in hand | 54/58 | €43,062 | €60,635 | +€17,573 | +40.8% |
| Deferred charges and accrued income | 490/1 | €3,446 | €5,342 | +€1,896 | +55.0% |
| Total equity and liabilities | 10/49 | €360,580 | €340,232 | -€20,348 | -5.6% |
| Equity | 10/15 | €63,070 | €60,560 | -€2,510 | -4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €14,808 | €14,808 | = | 0.0% |
| Distributable reserves | 133 | €14,808 | €14,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,261 | €25,751 | -€2,510 | -8.9% |
| Amounts payable | 17/49 | €297,510 | €279,672 | -€17,838 | -6.0% |
| Amounts payable after more than one year | 17 | €80,744 | €61,056 | -€19,688 | -24.4% |
| Financial debts | 170/4 | €80,744 | €61,056 | -€19,688 | -24.4% |
| Amounts payable within one year | 42/48 | €216,339 | €218,348 | +€2,009 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €19,306 | €19,688 | +€381 | +2.0% |
| Trade debts | 44 | €50,034 | €50,360 | +€326 | +0.7% |
| Suppliers | 440/4 | €50,034 | €50,360 | +€326 | +0.7% |
| Taxes, remuneration and social security | 45 | €8,761 | €28,534 | +€19,773 | +225.7% |
| Taxes | 450/3 | €1,732 | €599 | -€1,133 | -65.4% |
| Remuneration and social security | 454/9 | €7,029 | €27,935 | +€20,906 | +297.4% |
| Other amounts payable | 47/48 | €138,238 | €119,766 | -€18,472 | -13.4% |
| Accrued charges and deferred income | 492/3 | €428 | €268 | -€159 | -37.3% |
| Remuneration, social security and pensions | 62 | €110,639 | €144,605 | +€33,966 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,515 | €38,307 | -€208 | -0.5% |
| Other operating charges | 640/8 | €2,060 | €2,376 | +€316 | +15.3% |
| Gross operating margin | 9900 | €161,510 | €185,455 | +€23,945 | +14.8% |
| Operating profit (loss) | 9901 | €10,295 | €166 | -€10,129 | -98.4% |
| Financial income | 75/76B | €90 | €876 | +€786 | +875.2% |
| Recurring financial income | 75 | €90 | €876 | +€786 | +875.2% |
| Financial charges | 65/66B | €2,552 | €2,887 | +€336 | +13.2% |
| Recurring financial charges | 65 | €2,552 | €2,887 | +€336 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €7,834 | -€1,845 | -€9,679 | |
| Income taxes | 67/77 | €2,487 | €665 | -€1,822 | -73.3% |
| Profit (loss) for the period | 9904 | €5,346 | -€2,510 | -€7,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,346 | -€2,510 | -€7,856 |
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 3 October 2026 via checked.be.