COPSO: 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.
COPSO
Largest movements
- Cash -€11,218
down €11,218 (-16.7%), from €67,029 to €55,811
mainly Net result for the year (-€7,324) and Tax, wage and social debts (-€4,436)
- Deferred charges and accrued income -€1,908
no longer reported in 2025 (was €1,908)
- Tangible fixed assets -€1,318
down €1,318 (-71.3%), from €1,847 to €529
- Profit (loss) carried forward -€7,324
new in 2025: -€7,324
- Tax, wage and social debts -€4,436
no longer reported in 2025 (was €4,436)
- Trade debts -€2,776
down €2,776 (-87.4%), from €3,176 to €400
- Gross operating margin -€14,263
down €14,263, from €8,883 to -€5,380
- Taxes -€2,101
no longer reported in 2025 (was €2,101)
- Financial charges -€469
down €469 (-89.5%), from €524 to €55
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 | €73,711 | €59,170 | -€14,541 | -19.7% |
| Fixed assets | 21/28 | €1,847 | €529 | -€1,318 | -71.3% |
| Tangible fixed assets | 22/27 | €1,847 | €529 | -€1,318 | -71.3% |
| Plant, machinery and equipment | 23 | €1,847 | €529 | -€1,318 | -71.3% |
| Current assets | 29/58 | €71,864 | €58,641 | -€13,223 | -18.4% |
| Amounts receivable within one year | 40/41 | €2,927 | €2,829 | -€98 | -3.4% |
| Trade receivables | 40 | €389 | €930 | +€542 | +139.4% |
| Other amounts receivable | 41 | €2,539 | €1,899 | -€640 | -25.2% |
| Cash at bank and in hand | 54/58 | €67,029 | €55,811 | -€11,218 | -16.7% |
| Deferred charges and accrued income | 490/1 | €1,908 | - | -€1,908 | |
| Total equity and liabilities | 10/49 | €73,711 | €59,170 | -€14,541 | -19.7% |
| Equity | 10/15 | €61,941 | €54,617 | -€7,324 | -11.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €43,349 | €43,349 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €41,490 | €41,490 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,324 | -€7,324 | |
| Amounts payable | 17/49 | €11,770 | €4,553 | -€7,217 | -61.3% |
| Amounts payable within one year | 42/48 | €11,770 | €4,553 | -€7,217 | -61.3% |
| Trade debts | 44 | €3,176 | €400 | -€2,776 | -87.4% |
| Suppliers | 440/4 | €3,176 | €400 | -€2,776 | -87.4% |
| Taxes, remuneration and social security | 45 | €4,436 | - | -€4,436 | |
| Taxes | 450/3 | €4,436 | - | -€4,436 | |
| Other amounts payable | 47/48 | €4,158 | €4,153 | -€5 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €1,318 | -€0 | 0.0% |
| Other operating charges | 640/8 | €515 | €571 | +€56 | +10.9% |
| Gross operating margin | 9900 | €8,883 | -€5,380 | -€14,263 | |
| Operating profit (loss) | 9901 | €7,051 | -€7,269 | -€14,320 | |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €524 | €55 | -€469 | -89.5% |
| Recurring financial charges | 65 | €524 | €55 | -€469 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | €6,602 | -€7,324 | -€13,926 | |
| Income taxes | 67/77 | €2,101 | - | -€2,101 | |
| Profit (loss) for the period | 9904 | €4,501 | -€7,324 | -€11,826 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,501 | -€7,324 | -€11,826 |
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 28 September 2026 via checked.be.