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COPPENS KEN: 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.

What changed

COPPENS KEN

BE 0773.710.107
NACE 43.120, Site preparation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€6,896
2024 · €12,497-€19,393
Equity
€32,201
2024 · €39,097-€6,896
Cash
€27,771
2024 · €3,415+€24,357
Balance sheet total
€70,407
2024 · €93,729-€23,322

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€34,782

    down €34,782 (-71.0%), from €48,977 to €14,195

    of which Other amounts receivable: -€18,013

  • Cash +€24,357

    up €24,357 (+713.3%), from €3,415 to €27,771

    mainly Receivables within one year (+€34,782) and Depreciation (+€16,147)

  • Tangible fixed assets -€12,897

    down €12,897 (-31.2%), from €41,337 to €28,440

    of which Furniture and vehicles: -€7,039

Equity and liabilities
  • Other debts -€9,702

    down €9,702 (-84.9%), from €11,424 to €1,722

  • Profit (loss) carried forward -€6,896

    down €6,896, from €0 to -€6,896

  • Debts after one year -€6,672

    down €6,672 (-37.0%), from €18,038 to €11,366

  • Current portion of long-term debt -€2,251

    down €2,251 (-25.2%), from €8,923 to €6,672

  • Trade debts +€2,071

    up €2,071 (+16.4%), from €12,647 to €14,718

Income statement
  • Gross operating margin -€25,118

    down €25,118 (-65.5%), from €38,349 to €13,231

  • Depreciation -€4,974

    down €4,974 (-23.6%), from €21,121 to €16,147

  • Taxes -€964

    down €964 (-88.3%), from €1,093 to €128

  • Other operating charges +€860

    up €860 (+49.5%), from €1,740 to €2,600

  • Financial charges -€647

    down €647 (-34.1%), from €1,900 to €1,253

From the 2024 result to the 2025 result

effect on the 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 2024 €12,497
Gross operating margin -€25,118
Depreciation +€4,974
Other operating charges -€860
Financial income -€0
Financial charges +€647
Taxes +€964
Result 2025 -€6,896

Cash bridge derived

cash 2024 to 2025

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.

From operations +€36,530
Investment -€3,250
Financing -€8,923
Cash 2024 €3,415
Net result for the year -€6,896
Depreciation +€16,147
Receivables within one year +€34,782
Trade debts +€2,071
Tax, wage and social debts +€128
Other debts -€9,702
Investment in fixed assets (net) -€3,250
Debts after one year -€6,672
Current portion of long-term debt -€2,251
Cash 2025 €27,771
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €93,729 €70,407 -€23,322 -24.9%
Fixed assets 21/28 €41,337 €28,440 -€12,897 -31.2%
Tangible fixed assets 22/27 €41,337 €28,440 -€12,897 -31.2%
Plant, machinery and equipment 23 €5,084 €6,001 +€917 +18.0%
Furniture and vehicles 24 €12,753 €5,714 -€7,039 -55.2%
Leasing and similar rights 25 €23,500 €16,725 -€6,775 -28.8%
Current assets 29/58 €52,392 €41,967 -€10,425 -19.9%
Amounts receivable within one year 40/41 €48,977 €14,195 -€34,782 -71.0%
Trade receivables 40 €29,376 €12,608 -€16,769 -57.1%
Other amounts receivable 41 €19,601 €1,588 -€18,013 -91.9%
Cash at bank and in hand 54/58 €3,415 €27,771 +€24,357 +713.3%
Total equity and liabilities 10/49 €93,729 €70,407 -€23,322 -24.9%
Equity 10/15 €39,097 €32,201 -€6,896 -17.6%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €34,097 €34,097 = 0.0%
Distributable reserves 133 €34,097 €34,097 = 0.0%
Profit (loss) carried forward 14 €0 -€6,896 -€6,896
Amounts payable 17/49 €54,632 €38,205 -€16,426 -30.1%
Amounts payable after more than one year 17 €18,038 €11,366 -€6,672 -37.0%
Financial debts 170/4 €18,038 €11,366 -€6,672 -37.0%
Amounts payable within one year 42/48 €36,594 €26,839 -€9,755 -26.7%
Current portion of amounts payable after more than one year 42 €8,923 €6,672 -€2,251 -25.2%
Trade debts 44 €12,647 €14,718 +€2,071 +16.4%
Suppliers 440/4 €12,647 €14,718 +€2,071 +16.4%
Taxes, remuneration and social security 45 €3,600 €3,728 +€128 +3.6%
Taxes 450/3 €3,600 €3,728 +€128 +3.6%
Other amounts payable 47/48 €11,424 €1,722 -€9,702 -84.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,121 €16,147 -€4,974 -23.6%
Other operating charges 640/8 €1,740 €2,600 +€860 +49.5%
Gross operating margin 9900 €38,349 €13,231 -€25,118 -65.5%
Operating profit (loss) 9901 €15,489 -€5,516 -€21,005
Financial income 75/76B €1 €1 -€0 -31.5%
Recurring financial income 75 €1 €1 -€0 -31.5%
Financial charges 65/66B €1,900 €1,253 -€647 -34.1%
Recurring financial charges 65 €1,900 €1,253 -€647 -34.1%
Profit (loss) for the period before taxes 9903 €13,590 -€6,768 -€20,358
Income taxes 67/77 €1,093 €128 -€964 -88.3%
Profit (loss) for the period 9904 €12,497 -€6,896 -€19,393
Profit (loss) for the period to be appropriated 9905 €12,497 -€6,896 -€19,393

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 30 September 2026 via checked.be.