COPPER & LIGHT: 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.
COPPER & LIGHT
Largest movements
- Cash -€31,091
down €31,091 (-97.7%), from €31,808 to €716
mainly Debts after one year (-€32,000) and Trade debts (-€17,446)
- Receivables within one year -€16,139
down €16,139 (-78.0%), from €20,682 to €4,543
of which Trade receivables: -€16,718
- Profit (loss) carried forward +€94,253
up €94,253 (+79.1%), from -€119,202 to -€24,949
- Contributions -€86,000
down €86,000 (-79.6%), from €108,000 to €22,000
- Debts after one year -€32,000
down €32,000 (-100.0%), from €32,000 to €0
- Trade debts -€17,446
down €17,446 (-100.0%), from €17,446 to €0
- Current portion of long-term debt -€7,300
down €7,300 (-48.7%), from €15,000 to €7,700
- Gross operating margin +€12,525
up €12,525 (+538.3%), from €2,327 to €14,852
- Write-downs +€5,880
new in 2025: €5,880
- Other operating charges -€844
down €844 (-67.8%), from €1,243 to €400
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 | €53,257 | €5,778 | -€47,479 | -89.2% |
| Formation expenses | 20 | €440 | €220 | -€220 | -50.0% |
| Current assets | 29/58 | €52,817 | €5,558 | -€47,259 | -89.5% |
| Amounts receivable within one year | 40/41 | €20,682 | €4,543 | -€16,139 | -78.0% |
| Trade receivables | 40 | €17,953 | €1,235 | -€16,718 | -93.1% |
| Other amounts receivable | 41 | €2,729 | €3,308 | +€579 | +21.2% |
| Cash at bank and in hand | 54/58 | €31,808 | €716 | -€31,091 | -97.7% |
| Deferred charges and accrued income | 490/1 | €327 | €299 | -€28 | -8.5% |
| Total equity and liabilities | 10/49 | €53,257 | €5,778 | -€47,479 | -89.2% |
| Equity | 10/15 | -€11,202 | -€2,949 | +€8,253 | +73.7% |
| Contributions | 10/11 | €108,000 | €22,000 | -€86,000 | -79.6% |
| Profit (loss) carried forward | 14 | -€119,202 | -€24,949 | +€94,253 | +79.1% |
| Amounts payable | 17/49 | €64,459 | €8,727 | -€55,731 | -86.5% |
| Amounts payable after more than one year | 17 | €32,000 | €0 | -€32,000 | -100.0% |
| Financial debts | 170/4 | €32,000 | €0 | -€32,000 | -100.0% |
| Amounts payable within one year | 42/48 | €32,459 | €7,700 | -€24,759 | -76.3% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €7,700 | -€7,300 | -48.7% |
| Trade debts | 44 | €17,446 | €0 | -€17,446 | -100.0% |
| Suppliers | 440/4 | €17,446 | €0 | -€17,446 | -100.0% |
| Taxes, remuneration and social security | 45 | €13 | €0 | -€13 | -100.0% |
| Taxes | 450/3 | €13 | €0 | -€13 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,027 | +€1,027 | |
| Non-recurring operating income | 76A | €0 | €23,050 | +€23,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €220 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,880 | +€5,880 | |
| Other operating charges | 640/8 | €1,243 | €400 | -€844 | -67.8% |
| Gross operating margin | 9900 | €2,327 | €14,852 | +€12,525 | +538.3% |
| Operating profit (loss) | 9901 | €864 | €8,352 | +€7,489 | +867.2% |
| Financial charges | 65/66B | €131 | €100 | -€31 | -24.0% |
| Recurring financial charges | 65 | €131 | €100 | -€31 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €733 | €8,253 | +€7,520 | +1026.6% |
| Profit (loss) for the period | 9904 | €733 | €8,253 | +€7,520 | +1026.6% |
| Profit (loss) for the period to be appropriated | 9905 | €733 | €8,253 | +€7,520 | +1026.6% |
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.