Coppin Margot: 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.
Coppin Margot
Largest movements
- Cash -€79,379
down €79,379 (-60.7%), from €130,682 to €51,302
mainly Contributions, distributions and other (-€147,076) and Investment in fixed assets (net) (-€74,379)
- Tangible fixed assets +€55,201
up €55,201 (+149%), from €37,029 to €92,230
of which Furniture and vehicles: +€49,371
- Current investments +€22,500
up €22,500 (+59.2%), from €38,033 to €60,533
- Receivables within one year -€7,172
down €7,172 (-8.0%), from €89,903 to €82,731
of which Other amounts receivable: -€27,155
- Intangible fixed assets -€4,536
down €4,536 (-16.7%), from €27,193 to €22,658
- Other debts +€88,568
new in 2025: €88,568
- Reserves -€61,813
down €61,813 (-27.6%), from €224,076 to €162,263
- Tax, wage and social debts -€24,983
down €24,983 (-68.7%), from €36,348 to €11,365
of which Taxes: -€35,161
- Accrued charges and deferred income -€6,649
down €6,649 (-48.3%), from €13,775 to €7,126
- Trade debts -€4,407
down €4,407 (-7.6%), from €57,828 to €53,422
- Gross operating margin +€72,570
up €72,570 (+54.1%), from €134,183 to €206,753
- Staff costs +€67,417
new in 2025: €67,417
- Depreciation +€8,449
up €8,449 (+55.4%), from €15,264 to €23,713
- Financial income +€3,573
up €3,573 (+273%), from €1,308 to €4,880
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 | €335,027 | €325,743 | -€9,284 | -2.8% |
| Fixed assets | 21/28 | €64,223 | €114,888 | +€50,665 | +78.9% |
| Intangible fixed assets | 21 | €27,193 | €22,658 | -€4,536 | -16.7% |
| Tangible fixed assets | 22/27 | €37,029 | €92,230 | +€55,201 | +149% |
| Plant, machinery and equipment | 23 | €12,501 | €12,555 | +€54 | +0.4% |
| Furniture and vehicles | 24 | €9,403 | €58,774 | +€49,371 | +525% |
| Other tangible fixed assets | 26 | €15,125 | €20,901 | +€5,776 | +38.2% |
| Current assets | 29/58 | €270,804 | €210,855 | -€59,949 | -22.1% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Contracts in progress | 37 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,903 | €82,731 | -€7,172 | -8.0% |
| Trade receivables | 40 | €56,585 | €76,568 | +€19,983 | +35.3% |
| Other amounts receivable | 41 | €33,318 | €6,163 | -€27,155 | -81.5% |
| Current investments | 50/53 | €38,033 | €60,533 | +€22,500 | +59.2% |
| Cash at bank and in hand | 54/58 | €130,682 | €51,302 | -€79,379 | -60.7% |
| Deferred charges and accrued income | 490/1 | €2,186 | €6,288 | +€4,101 | +188% |
| Total equity and liabilities | 10/49 | €335,027 | €325,743 | -€9,284 | -2.8% |
| Equity | 10/15 | €227,076 | €165,263 | -€61,813 | -27.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €224,076 | €162,263 | -€61,813 | -27.6% |
| Distributable reserves | 133 | €224,076 | €162,263 | -€61,813 | -27.6% |
| Amounts payable | 17/49 | €107,951 | €160,480 | +€52,529 | +48.7% |
| Amounts payable within one year | 42/48 | €94,176 | €153,354 | +€59,178 | +62.8% |
| Trade debts | 44 | €57,828 | €53,422 | -€4,407 | -7.6% |
| Suppliers | 440/4 | €57,828 | €53,422 | -€4,407 | -7.6% |
| Taxes, remuneration and social security | 45 | €36,348 | €11,365 | -€24,983 | -68.7% |
| Taxes | 450/3 | €36,348 | €1,187 | -€35,161 | -96.7% |
| Remuneration and social security | 454/9 | - | €10,178 | +€10,178 | |
| Other amounts payable | 47/48 | - | €88,568 | +€88,568 | |
| Accrued charges and deferred income | 492/3 | €13,775 | €7,126 | -€6,649 | -48.3% |
| Remuneration, social security and pensions | 62 | - | €67,417 | +€67,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,264 | €23,713 | +€8,449 | +55.4% |
| Other operating charges | 640/8 | €814 | €689 | -€126 | -15.4% |
| Non-recurring operating charges | 66A | - | €123 | +€123 | |
| Gross operating margin | 9900 | €134,183 | €206,753 | +€72,570 | +54.1% |
| Operating profit (loss) | 9901 | €118,104 | €114,811 | -€3,293 | -2.8% |
| Financial income | 75/76B | €1,308 | €4,880 | +€3,573 | +273% |
| Recurring financial income | 75 | €1,308 | €4,880 | +€3,573 | +273% |
| Financial charges | 65/66B | €872 | €2,005 | +€1,133 | +130% |
| Recurring financial charges | 65 | €872 | €2,005 | +€1,133 | +130% |
| Profit (loss) for the period before taxes | 9903 | €118,540 | €117,687 | -€853 | -0.7% |
| Income taxes | 67/77 | €32,572 | €32,424 | -€148 | -0.5% |
| Profit (loss) for the period | 9904 | €85,968 | €85,263 | -€705 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,968 | €85,263 | -€705 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.