COPPENS CARLOS: 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.
COPPENS CARLOS
Largest movements
- Receivables within one year -€39,831
down €39,831 (-41.1%), from €96,837 to €57,006
of which Trade receivables: -€45,177
- Tangible fixed assets -€22,005
down €22,005 (-35.5%), from €62,023 to €40,018
- Stocks and contracts -€18,646
down €18,646 (-82.1%), from €22,704 to €4,058
- Intangible fixed assets -€14,000
down €14,000 (-14.6%), from €95,574 to €81,574
- Cash -€9,650
down €9,650 (-35.6%), from €27,126 to €17,476
mainly Trade debts (-€66,271) and Debts after one year (-€38,730)
- Trade debts -€66,271
down €66,271 (-74.5%), from €89,011 to €22,740
- Debts after one year -€38,730
down €38,730 (-32.6%), from €118,730 to €80,000
- Reserves +€5,910
up €5,910 (+681%), from €867 to €6,777
- Gross operating margin -€4,608
down €4,608 (-7.0%), from €65,738 to €61,131
- Taxes +€2,563
up €2,563 (+208%), from €1,235 to €3,798
- Other operating charges +€1,934
up €1,934 (+54.0%), from €3,581 to €5,515
- Depreciation +€885
up €885 (+2.0%), from €43,967 to €44,852
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.
Derived cash bridge
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 | €315,300 | €211,524 | -€103,776 | -32.9% |
| Formation expenses | 20 | €1,697 | €725 | -€972 | -57.3% |
| Fixed assets | 21/28 | €160,295 | €124,290 | -€36,005 | -22.5% |
| Intangible fixed assets | 21 | €95,574 | €81,574 | -€14,000 | -14.6% |
| Tangible fixed assets | 22/27 | €62,023 | €40,018 | -€22,005 | -35.5% |
| Plant, machinery and equipment | 23 | €62,023 | €40,018 | -€22,005 | -35.5% |
| Financial fixed assets | 28 | €2,698 | €2,698 | = | 0.0% |
| Current assets | 29/58 | €153,308 | €86,509 | -€66,799 | -43.6% |
| Stocks and contracts in progress | 3 | €22,704 | €4,058 | -€18,646 | -82.1% |
| Stocks | 30/36 | €22,704 | €4,058 | -€18,646 | -82.1% |
| Amounts receivable within one year | 40/41 | €96,837 | €57,006 | -€39,831 | -41.1% |
| Trade receivables | 40 | €89,010 | €43,833 | -€45,177 | -50.8% |
| Other amounts receivable | 41 | €7,827 | €13,173 | +€5,346 | +68.3% |
| Cash at bank and in hand | 54/58 | €27,126 | €17,476 | -€9,650 | -35.6% |
| Deferred charges and accrued income | 490/1 | €6,641 | €7,969 | +€1,329 | +20.0% |
| Total equity and liabilities | 10/49 | €315,300 | €211,524 | -€103,776 | -32.9% |
| Equity | 10/15 | €50,867 | €56,777 | +€5,910 | +11.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €867 | €6,777 | +€5,910 | +681% |
| Distributable reserves | 133 | €867 | €6,777 | +€5,910 | +681% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €264,433 | €154,747 | -€109,685 | -41.5% |
| Amounts payable after more than one year | 17 | €118,730 | €80,000 | -€38,730 | -32.6% |
| Financial debts | 170/4 | €118,730 | €80,000 | -€38,730 | -32.6% |
| Amounts payable within one year | 42/48 | €145,702 | €74,747 | -€70,955 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €38,560 | €35,813 | -€2,747 | -7.1% |
| Trade debts | 44 | €89,011 | €22,740 | -€66,271 | -74.5% |
| Suppliers | 440/4 | €89,011 | €22,740 | -€66,271 | -74.5% |
| Taxes, remuneration and social security | 45 | €3,141 | €2,022 | -€1,118 | -35.6% |
| Taxes | 450/3 | €3,141 | €2,022 | -€1,118 | -35.6% |
| Other amounts payable | 47/48 | €14,990 | €14,172 | -€819 | -5.5% |
| Remuneration, social security and pensions | 62 | -€55 | €25 | +€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,967 | €44,852 | +€885 | +2.0% |
| Other operating charges | 640/8 | €3,581 | €5,515 | +€1,934 | +54.0% |
| Gross operating margin | 9900 | €65,738 | €61,131 | -€4,608 | -7.0% |
| Operating profit (loss) | 9901 | €18,244 | €10,738 | -€7,506 | -41.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -94.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -94.7% |
| Financial charges | 65/66B | €1,576 | €1,031 | -€545 | -34.6% |
| Recurring financial charges | 65 | €1,576 | €1,031 | -€545 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €16,670 | €9,707 | -€6,962 | -41.8% |
| Income taxes | 67/77 | €1,235 | €3,798 | +€2,563 | +208% |
| Profit (loss) for the period | 9904 | €15,435 | €5,910 | -€9,525 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,435 | €5,910 | -€9,525 | -61.7% |
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 28 October 2026 via checked.be.