COPPENS-HOFMAN: 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.
What changed
COPPENS-HOFMAN
NACE 47.400, Retail sale of information and communication equipment
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€467,724
2025 · €637,836-€170,112
Equity
€250,000
2025 · €250,000
Cash
€662,384
2025 · €503,763+€158,621
Balance sheet total
€1.2m
2025 · €1.1m+€163,055
Largest movements
Assets
- Cash +€158,621
up €158,621 (+31.5%), from €503,763 to €662,384
mainly Net result for the year (+€467,724) and Other debts (+€172,811)
Equity and liabilities
- Other debts +€172,811
up €172,811 (+27.1%), from €637,836 to €810,647
- Trade debts -€61,264
down €61,264 (-38.9%), from €157,367 to €96,103
- Debts after one year +€31,682
new in 2026: €31,682
Income statement
- Gross operating margin -€184,717
down €184,717 (-17.5%), from €1.1m to €870,602
- Taxes -€52,032
down €52,032 (-33.9%), from €153,680 to €101,648
- Staff costs +€37,020
up €37,020 (+17.8%), from €208,550 to €245,570
From the 2025 result to the 2026 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.
Result 2025
€637,836
Gross operating margin
-€184,717
Staff costs
-€37,020
Depreciation
+€652
Other operating charges
-€486
Financial income
-€192
Financial charges
-€380
Taxes
+€52,032
Result 2026
€467,724
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€632,668
Investment
-€45,888
Financing
-€428,159
Cash 2025
€503,763
From operations (derived)
+€632,668
Net result for the year
+€467,724
Depreciation
+€45,303
Stocks and contracts
+€1,864
Receivables within one year
-€5,713
Trade debts
-€61,264
Tax, wage and social debts
+€11,943
Other debts
+€172,811
Investment (derived)
-€45,888
Investment in fixed assets (net)
-€45,888
Financing
-€428,159
Debts after one year
+€31,682
Current portion of long-term debt
+€7,883
Contributions, distributions and other
-€467,724
Cash 2026
€662,384
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,071,858 | €1,234,913 | +€163,055 | +15.2% |
| Fixed assets | 21/28 | €89,190 | €89,775 | +€585 | +0.7% |
| Tangible fixed assets | 22/27 | €89,190 | €89,775 | +€585 | +0.7% |
| Plant, machinery and equipment | 23 | €41,406 | €20,414 | -€20,992 | -50.7% |
| Furniture and vehicles | 24 | €19,034 | €46,361 | +€27,326 | +144% |
| Other tangible fixed assets | 26 | €28,750 | €23,000 | -€5,750 | -20.0% |
| Current assets | 29/58 | €982,668 | €1,145,138 | +€162,470 | +16.5% |
| Stocks and contracts in progress | 3 | €180,983 | €179,119 | -€1,864 | -1.0% |
| Stocks | 30/36 | €180,983 | €179,119 | -€1,864 | -1.0% |
| Amounts receivable within one year | 40/41 | €297,922 | €303,635 | +€5,713 | +1.9% |
| Trade receivables | 40 | €274,613 | €303,635 | +€29,023 | +10.6% |
| Other amounts receivable | 41 | €23,310 | €0 | -€23,310 | -100% |
| Cash at bank and in hand | 54/58 | €503,763 | €662,384 | +€158,621 | +31.5% |
| Total equity and liabilities | 10/49 | €1,071,858 | €1,234,913 | +€163,055 | +15.2% |
| Equity | 10/15 | €250,000 | €250,000 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €188,000 | €188,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €169,300 | €169,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €821,858 | €984,913 | +€163,055 | +19.8% |
| Amounts payable after more than one year | 17 | - | €31,682 | +€31,682 | |
| Financial debts | 170/4 | - | €31,682 | +€31,682 | |
| Amounts payable within one year | 42/48 | €821,858 | €953,231 | +€131,373 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,883 | +€7,883 | |
| Trade debts | 44 | €157,367 | €96,103 | -€61,264 | -38.9% |
| Suppliers | 440/4 | €157,367 | €96,103 | -€61,264 | -38.9% |
| Taxes, remuneration and social security | 45 | €26,655 | €38,598 | +€11,943 | +44.8% |
| Taxes | 450/3 | €4,619 | €19,326 | +€14,707 | +318% |
| Remuneration and social security | 454/9 | €22,036 | €19,272 | -€2,764 | -12.5% |
| Other amounts payable | 47/48 | €637,836 | €810,647 | +€172,811 | +27.1% |
| Remuneration, social security and pensions | 62 | €208,550 | €245,570 | +€37,020 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,955 | €45,303 | -€652 | -1.4% |
| Other operating charges | 640/8 | €11,000 | €11,486 | +€486 | +4.4% |
| Gross operating margin | 9900 | €1,055,319 | €870,602 | -€184,717 | -17.5% |
| Operating profit (loss) | 9901 | €789,814 | €568,242 | -€221,572 | -28.1% |
| Financial income | 75/76B | €3,239 | €3,046 | -€192 | -5.9% |
| Recurring financial income | 75 | €3,239 | €3,046 | -€192 | -5.9% |
| Financial charges | 65/66B | €1,536 | €1,916 | +€380 | +24.7% |
| Recurring financial charges | 65 | €1,536 | €1,916 | +€380 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €791,517 | €569,372 | -€222,144 | -28.1% |
| Income taxes | 67/77 | €153,680 | €101,648 | -€52,032 | -33.9% |
| Profit (loss) for the period | 9904 | €637,836 | €467,724 | -€170,112 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €637,836 | €467,724 | -€170,112 | -26.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.