COPPERS: 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.
COPPERS
Largest movements
- Cash +€22,134
up €22,134 (+97.2%), from €22,774 to €44,908
mainly Trade debts (+€9,460) and Net result for the year (+€8,744)
- Stocks and contracts +€1,949
up €1,949 (+12.3%), from €15,902 to €17,851
- Trade debts +€9,460
up €9,460 (+68.1%), from €13,896 to €23,356
- Reserves +€8,744
up €8,744 (+32.7%), from €26,729 to €35,473
of which Distributable reserves: +€8,744
- Other debts +€5,142
up €5,142 (+144.2%), from €3,567 to €8,709
- Gross operating margin +€7,474
up €7,474 (+212.1%), from €3,523 to €10,998
- Taxes -€1,265
down €1,265 (-54.6%), from €2,315 to €1,050
- Other operating charges +€154
up €154 (+17.5%), from €881 to €1,035
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 | €50,873 | €74,364 | +€23,491 | +46.2% |
| Current assets | 29/58 | €50,873 | €74,364 | +€23,491 | +46.2% |
| Stocks and contracts in progress | 3 | €15,902 | €17,851 | +€1,949 | +12.3% |
| Stocks | 30/36 | €15,902 | €17,851 | +€1,949 | +12.3% |
| Amounts receivable within one year | 40/41 | €12,198 | €11,605 | -€593 | -4.9% |
| Trade receivables | 40 | €3,986 | €3,386 | -€600 | -15.0% |
| Other amounts receivable | 41 | €8,212 | €8,219 | +€7 | +0.1% |
| Cash at bank and in hand | 54/58 | €22,774 | €44,908 | +€22,134 | +97.2% |
| Total equity and liabilities | 10/49 | €50,873 | €74,364 | +€23,491 | +46.2% |
| Equity | 10/15 | €32,929 | €41,673 | +€8,744 | +26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €26,729 | €35,473 | +€8,744 | +32.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,869 | €33,613 | +€8,744 | +35.2% |
| Amounts payable | 17/49 | €17,944 | €32,691 | +€14,747 | +82.2% |
| Amounts payable within one year | 42/48 | €17,944 | €32,691 | +€14,747 | +82.2% |
| Trade debts | 44 | €13,896 | €23,356 | +€9,460 | +68.1% |
| Suppliers | 440/4 | €13,896 | €23,356 | +€9,460 | +68.1% |
| Taxes, remuneration and social security | 45 | €481 | €625 | +€144 | +30.0% |
| Taxes | 450/3 | €481 | €625 | +€144 | +30.0% |
| Other amounts payable | 47/48 | €3,567 | €8,709 | +€5,142 | +144.2% |
| Other operating charges | 640/8 | €881 | €1,035 | +€154 | +17.5% |
| Gross operating margin | 9900 | €3,523 | €10,998 | +€7,474 | +212.1% |
| Operating profit (loss) | 9901 | €2,643 | €9,963 | +€7,320 | +277.0% |
| Financial income | 75/76B | €32 | €1 | -€30 | -95.3% |
| Recurring financial income | 75 | €32 | €1 | -€30 | -95.3% |
| Financial charges | 65/66B | €127 | €170 | +€43 | +33.7% |
| Recurring financial charges | 65 | €127 | €170 | +€43 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €2,547 | €9,794 | +€7,247 | +284.5% |
| Income taxes | 67/77 | €2,315 | €1,050 | -€1,265 | -54.6% |
| Profit (loss) for the period | 9904 | €232 | €8,744 | +€8,512 | +3673.1% |
| Profit (loss) for the period to be appropriated | 9905 | €232 | €8,744 | +€8,512 | +3673.1% |
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 11 October 2026 via checked.be.