COPPENS & PARTNER: 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.
COPPENS & PARTNER
Largest movements
- Tangible fixed assets -€22,834
down €22,834 (-25.4%), from €89,771 to €66,937
- Cash +€7,724
up €7,724 (+25.9%), from €29,835 to €37,559
mainly Other debts (+€37,387) and Depreciation (+€34,739)
- Profit (loss) carried forward -€37,647
no longer reported in 2025 (was €37,647)
- Other debts +€37,387
up €37,387 (+150.0%), from €24,925 to €62,312
- Debts after one year -€15,676
down €15,676 (-47.0%), from €33,339 to €17,663
- Tax, wage and social debts +€7,485
up €7,485 (+121.4%), from €6,164 to €13,649
of which Taxes: +€6,787
- Trade debts -€5,816
down €5,816 (-52.5%), from €11,082 to €5,267
- Gross operating margin +€16,285
up €16,285 (+22.5%), from €72,291 to €88,576
- Taxes +€2,902
up €2,902 (+224.0%), from €1,295 to €4,197
- Depreciation +€2,226
up €2,226 (+6.8%), from €32,513 to €34,739
- Staff costs +€1,698
up €1,698 (+5.1%), from €33,427 to €35,125
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 | €138,857 | €124,567 | -€14,289 | -10.3% |
| Fixed assets | 21/28 | €89,771 | €66,937 | -€22,834 | -25.4% |
| Tangible fixed assets | 22/27 | €89,771 | €66,937 | -€22,834 | -25.4% |
| Plant, machinery and equipment | 23 | €40,347 | €30,346 | -€10,002 | -24.8% |
| Furniture and vehicles | 24 | €34,748 | €27,783 | -€6,965 | -20.0% |
| Other tangible fixed assets | 26 | €14,676 | €8,808 | -€5,867 | -40.0% |
| Current assets | 29/58 | €49,086 | €57,631 | +€8,545 | +17.4% |
| Stocks and contracts in progress | 3 | €12,445 | €12,400 | -€45 | -0.4% |
| Stocks | 30/36 | €12,445 | €12,400 | -€45 | -0.4% |
| Amounts receivable within one year | 40/41 | €4,937 | €5,595 | +€658 | +13.3% |
| Trade receivables | 40 | €232 | €890 | +€658 | +283.1% |
| Other amounts receivable | 41 | €4,705 | €4,705 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,835 | €37,559 | +€7,724 | +25.9% |
| Deferred charges and accrued income | 490/1 | €1,869 | €2,077 | +€209 | +11.2% |
| Total equity and liabilities | 10/49 | €138,857 | €124,567 | -€14,289 | -10.3% |
| Equity | 10/15 | €47,647 | €10,000 | -€37,647 | -79.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,647 | - | -€37,647 | |
| Amounts payable | 17/49 | €91,210 | €114,567 | +€23,357 | +25.6% |
| Amounts payable after more than one year | 17 | €33,339 | €17,663 | -€15,676 | -47.0% |
| Financial debts | 170/4 | €33,339 | €17,663 | -€15,676 | -47.0% |
| Amounts payable within one year | 42/48 | €57,871 | €96,904 | +€39,033 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | €15,131 | €15,676 | +€545 | +3.6% |
| Trade debts | 44 | €11,082 | €5,267 | -€5,816 | -52.5% |
| Suppliers | 440/4 | €11,082 | €5,267 | -€5,816 | -52.5% |
| Advances received on contracts in progress | 46 | €568 | - | -€568 | |
| Taxes, remuneration and social security | 45 | €6,164 | €13,649 | +€7,485 | +121.4% |
| Taxes | 450/3 | €511 | €7,299 | +€6,787 | +1327.0% |
| Remuneration and social security | 454/9 | €5,653 | €6,350 | +€698 | +12.3% |
| Other amounts payable | 47/48 | €24,925 | €62,312 | +€37,387 | +150.0% |
| Remuneration, social security and pensions | 62 | €33,427 | €35,125 | +€1,698 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,513 | €34,739 | +€2,226 | +6.8% |
| Other operating charges | 640/8 | €173 | €968 | +€795 | +459.5% |
| Gross operating margin | 9900 | €72,291 | €88,576 | +€16,285 | +22.5% |
| Operating profit (loss) | 9901 | €6,177 | €17,744 | +€11,567 | +187.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1025.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1025.0% |
| Financial charges | 65/66B | €2,169 | €1,642 | -€527 | -24.3% |
| Recurring financial charges | 65 | €2,169 | €1,642 | -€527 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €4,008 | €16,103 | +€12,095 | +301.7% |
| Income taxes | 67/77 | €1,295 | €4,197 | +€2,902 | +224.0% |
| Profit (loss) for the period | 9904 | €2,713 | €11,906 | +€9,193 | +338.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,713 | €11,906 | +€9,193 | +338.8% |
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 5 October 2026 via checked.be.