Coppens Jurgen: 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 Jurgen
Largest movements
- Receivables within one year +€60,967
up €60,967 (+93.9%), from €64,955 to €125,922
of which Trade receivables: +€46,930
- Cash -€44,363
down €44,363 (-52.7%), from €84,102 to €39,739
mainly Receivables within one year (-€60,967) and Investment in fixed assets (net) (-€37,397)
- Tangible fixed assets +€34,471
up €34,471 (+168%), from €20,505 to €54,976
of which Leasing and similar rights: +€54,641
- Stocks and contracts +€9,434
up €9,434, from €0 to €9,434
- Debts after one year +€28,854
up €28,854 (+1,355%), from €2,130 to €30,983
- Reserves +€24,426
up €24,426 (+19.4%), from €125,733 to €150,159
of which Distributable reserves: +€24,426
- Trade debts +€23,571
up €23,571 (+785%), from €3,004 to €26,575
- Tax, wage and social debts -€17,446
down €17,446 (-83.6%), from €20,875 to €3,430
- Gross operating margin -€25,105
down €25,105 (-39.9%), from €62,948 to €37,842
- Depreciation -€16,541
down €16,541 (-85.0%), from €19,467 to €2,926
- Taxes -€3,239
down €3,239 (-27.1%), from €11,933 to €8,694
- Financial income +€879
up €879 (+127%), from €693 to €1,572
- Staff costs +€715
new in 2025: €715
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 | €176,814 | €236,312 | +€59,498 | +33.6% |
| Fixed assets | 21/28 | €20,505 | €54,976 | +€34,471 | +168% |
| Tangible fixed assets | 22/27 | €20,505 | €54,976 | +€34,471 | +168% |
| Plant, machinery and equipment | 23 | €20,505 | €335 | -€20,170 | -98.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | - | €54,641 | +€54,641 | |
| Current assets | 29/58 | €156,309 | €181,337 | +€25,027 | +16.0% |
| Stocks and contracts in progress | 3 | €0 | €9,434 | +€9,434 | |
| Contracts in progress | 37 | €0 | €9,434 | +€9,434 | |
| Amounts receivable within one year | 40/41 | €64,955 | €125,922 | +€60,967 | +93.9% |
| Trade receivables | 40 | €38,194 | €85,125 | +€46,930 | +123% |
| Other amounts receivable | 41 | €26,761 | €40,797 | +€14,037 | +52.5% |
| Cash at bank and in hand | 54/58 | €84,102 | €39,739 | -€44,363 | -52.7% |
| Deferred charges and accrued income | 490/1 | €7,252 | €6,242 | -€1,010 | -13.9% |
| Total equity and liabilities | 10/49 | €176,814 | €236,312 | +€59,498 | +33.6% |
| Equity | 10/15 | €138,133 | €162,559 | +€24,426 | +17.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €125,733 | €150,159 | +€24,426 | +19.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €125,733 | €150,159 | +€24,426 | +19.4% |
| Amounts payable | 17/49 | €38,681 | €73,753 | +€35,072 | +90.7% |
| Amounts payable after more than one year | 17 | €2,130 | €30,983 | +€28,854 | +1,355% |
| Financial debts | 170/4 | €2,130 | €30,983 | +€28,854 | +1,355% |
| Amounts payable within one year | 42/48 | €36,551 | €42,769 | +€6,218 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €12,672 | €12,765 | +€93 | +0.7% |
| Trade debts | 44 | €3,004 | €26,575 | +€23,571 | +785% |
| Suppliers | 440/4 | €3,004 | €26,575 | +€23,571 | +785% |
| Taxes, remuneration and social security | 45 | €20,875 | €3,430 | -€17,446 | -83.6% |
| Taxes | 450/3 | €20,875 | €3,430 | -€17,446 | -83.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €715 | +€715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,467 | €2,926 | -€16,541 | -85.0% |
| Other operating charges | 640/8 | €2,343 | €1,963 | -€379 | -16.2% |
| Gross operating margin | 9900 | €62,948 | €37,842 | -€25,105 | -39.9% |
| Operating profit (loss) | 9901 | €41,138 | €32,238 | -€8,900 | -21.6% |
| Financial income | 75/76B | €693 | €1,572 | +€879 | +127% |
| Recurring financial income | 75 | €693 | €1,572 | +€879 | +127% |
| Financial charges | 65/66B | €593 | €690 | +€96 | +16.2% |
| Recurring financial charges | 65 | €593 | €690 | +€96 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €41,238 | €33,120 | -€8,118 | -19.7% |
| Income taxes | 67/77 | €11,933 | €8,694 | -€3,239 | -27.1% |
| Profit (loss) for the period | 9904 | €29,305 | €24,426 | -€4,879 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,305 | €24,426 | -€4,879 | -16.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.