COPPER en CO: 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.
COPPER en CO
Largest movements
- Cash -€234,408
down €234,408 (-9.3%), from €2.5m to €2.3m
mainly Current investments (-€200,000) and Tax, wage and social debts (-€168,277)
- Current investments +€200,000
new in 2025: €200,000
- Receivables within one year -€156,487
down €156,487 (-72.4%), from €216,275 to €59,788
of which Other amounts receivable: -€147,748
- Tangible fixed assets +€43,863
up €43,863 (+33.4%), from €131,495 to €175,358
of which Furniture and vehicles: +€66,465
- Tax, wage and social debts -€168,277
down €168,277 (-89.3%), from €188,493 to €20,215
of which Taxes: -€175,328
- Other debts -€160,711
down €160,711 (-97.4%), from €164,995 to €4,284
- Reserves +€80,003
up €80,003 (+2.4%), from €3.3m to €3.3m
of which Distributable reserves: +€80,003
- Advances received +€46,028
up €46,028 (+29.4%), from €156,453 to €202,481
- Gross operating margin -€108,977
down €108,977 (-15.6%), from €698,045 to €589,067
- Staff costs +€63,412
up €63,412 (+18.3%), from €346,865 to €410,277
- Taxes -€45,044
down €45,044 (-54.9%), from €82,106 to €37,061
- Depreciation -€20,244
down €20,244 (-21.1%), from €95,914 to €75,670
- Financial income +€8,929
up €8,929 (+47.8%), from €18,687 to €27,616
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 | €4,165,199 | €4,034,834 | -€130,366 | -3.1% |
| Fixed assets | 21/28 | €532,866 | €576,729 | +€43,863 | +8.2% |
| Tangible fixed assets | 22/27 | €131,495 | €175,358 | +€43,863 | +33.4% |
| Land and buildings | 22 | €10,756 | €5,470 | -€5,286 | -49.1% |
| Plant, machinery and equipment | 23 | €33,908 | €16,592 | -€17,316 | -51.1% |
| Furniture and vehicles | 24 | €86,831 | €153,296 | +€66,465 | +76.5% |
| Financial fixed assets | 28 | €401,371 | €401,371 | = | 0.0% |
| Current assets | 29/58 | €3,632,334 | €3,458,105 | -€174,228 | -4.8% |
| Amounts receivable after more than one year | 29 | €850,000 | €850,000 | = | 0.0% |
| Other amounts receivable | 291 | €850,000 | €850,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €216,275 | €59,788 | -€156,487 | -72.4% |
| Trade receivables | 40 | €8,923 | €185 | -€8,739 | -97.9% |
| Other amounts receivable | 41 | €207,352 | €59,604 | -€147,748 | -71.3% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €2,515,082 | €2,280,674 | -€234,408 | -9.3% |
| Deferred charges and accrued income | 490/1 | €50,976 | €67,643 | +€16,667 | +32.7% |
| Total equity and liabilities | 10/49 | €4,165,199 | €4,034,834 | -€130,366 | -3.1% |
| Equity | 10/15 | €3,329,423 | €3,409,425 | +€80,003 | +2.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €3,267,449 | €3,347,452 | +€80,003 | +2.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €3,261,252 | €3,341,255 | +€80,003 | +2.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €150,000 | €150,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €150,000 | €150,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable | 17/49 | €685,777 | €475,408 | -€210,368 | -30.7% |
| Amounts payable after more than one year | 17 | €24,090 | €56,882 | +€32,792 | +136% |
| Financial debts | 170/4 | €24,090 | €56,882 | +€32,792 | +136% |
| Amounts payable within one year | 42/48 | €658,518 | €418,527 | -€239,991 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €10,955 | €27,900 | +€16,945 | +155% |
| Financial debts | 43 | €1,365 | €27,179 | +€25,814 | +1,891% |
| Credit institutions | 430/8 | €1,365 | €27,179 | +€25,814 | +1,891% |
| Trade debts | 44 | €136,258 | €136,468 | +€210 | +0.2% |
| Suppliers | 440/4 | €136,258 | €136,468 | +€210 | +0.2% |
| Advances received on contracts in progress | 46 | €156,453 | €202,481 | +€46,028 | +29.4% |
| Taxes, remuneration and social security | 45 | €188,493 | €20,215 | -€168,277 | -89.3% |
| Taxes | 450/3 | €175,328 | €0 | -€175,328 | -100% |
| Remuneration and social security | 454/9 | €13,164 | €20,215 | +€7,051 | +53.6% |
| Other amounts payable | 47/48 | €164,995 | €4,284 | -€160,711 | -97.4% |
| Accrued charges and deferred income | 492/3 | €3,169 | €0 | -€3,169 | -100% |
| Non-recurring operating income | 76A | €0 | €4,750 | +€4,750 | |
| Remuneration, social security and pensions | 62 | €346,865 | €410,277 | +€63,412 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,914 | €75,670 | -€20,244 | -21.1% |
| Other operating charges | 640/8 | €11,618 | €9,951 | -€1,667 | -14.3% |
| Non-recurring operating charges | 66A | - | €400 | +€400 | |
| Gross operating margin | 9900 | €698,045 | €589,067 | -€108,977 | -15.6% |
| Operating profit (loss) | 9901 | €243,648 | €92,769 | -€150,879 | -61.9% |
| Financial income | 75/76B | €18,687 | €27,616 | +€8,929 | +47.8% |
| Recurring financial income | 75 | €18,687 | €27,616 | +€8,929 | +47.8% |
| Financial charges | 65/66B | €9,193 | €3,321 | -€5,872 | -63.9% |
| Recurring financial charges | 65 | €9,193 | €3,321 | -€5,872 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €253,141 | €117,064 | -€136,077 | -53.8% |
| Income taxes | 67/77 | €82,106 | €37,061 | -€45,044 | -54.9% |
| Profit (loss) for the period | 9904 | €171,036 | €80,003 | -€91,033 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €171,036 | €80,003 | -€91,033 | -53.2% |
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 25 October 2026 via checked.be.