COPY BEN: 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.
COPY BEN
Largest movements
- Cash +€42,736
up €42,736 (+42.0%), from €101,807 to €144,543
mainly Depreciation (+€34,273) and Net result for the year (+€18,722)
- Tangible fixed assets -€4,131
down €4,131 (-4.9%), from €84,791 to €80,660
of which Plant, machinery and equipment: -€2,130
- Profit (loss) carried forward +€18,722
up €18,722 (+6.9%), from €270,161 to €288,882
- Trade debts +€17,114
up €17,114 (+84.2%), from €20,331 to €37,445
- Turnover -€8,291
down €8,291 (-1.4%), from €606,112 to €597,820
- Depreciation +€7,569
up €7,569 (+28.3%), from €26,704 to €34,273
- Gross operating margin -€7,400
down €7,400 (-3.1%), from €242,275 to €234,875
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 | €369,313 | €406,807 | +€37,494 | +10.2% |
| Fixed assets | 21/28 | €85,171 | €81,040 | -€4,131 | -4.9% |
| Tangible fixed assets | 22/27 | €84,791 | €80,660 | -€4,131 | -4.9% |
| Plant, machinery and equipment | 23 | €69,260 | €67,131 | -€2,130 | -3.1% |
| Furniture and vehicles | 24 | €15,531 | €13,529 | -€2,002 | -12.9% |
| Financial fixed assets | 28 | €380 | €380 | = | 0.0% |
| Current assets | 29/58 | €284,142 | €325,768 | +€41,625 | +14.6% |
| Stocks and contracts in progress | 3 | €147,905 | €144,053 | -€3,852 | -2.6% |
| Stocks | 30/36 | €147,905 | €144,053 | -€3,852 | -2.6% |
| Amounts receivable within one year | 40/41 | €33,869 | €36,730 | +€2,862 | +8.4% |
| Trade receivables | 40 | €32,189 | €30,580 | -€1,609 | -5.0% |
| Other amounts receivable | 41 | €1,679 | €6,150 | +€4,471 | +266.2% |
| Current investments | 50/53 | €91 | - | -€91 | |
| Cash at bank and in hand | 54/58 | €101,807 | €144,543 | +€42,736 | +42.0% |
| Deferred charges and accrued income | 490/1 | €471 | €441 | -€30 | -6.3% |
| Total equity and liabilities | 10/49 | €369,313 | €406,807 | +€37,494 | +10.2% |
| Equity | 10/15 | €308,321 | €327,042 | +€18,722 | +6.1% |
| Contributions | 10/11 | €28,160 | €28,160 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,161 | €288,882 | +€18,722 | +6.9% |
| Amounts payable | 17/49 | €60,993 | €79,765 | +€18,772 | +30.8% |
| Amounts payable within one year | 42/48 | €60,993 | €79,765 | +€18,772 | +30.8% |
| Trade debts | 44 | €20,331 | €37,445 | +€17,114 | +84.2% |
| Suppliers | 440/4 | €20,331 | €37,445 | +€17,114 | +84.2% |
| Taxes, remuneration and social security | 45 | €37,082 | €37,533 | +€451 | +1.2% |
| Taxes | 450/3 | €11,947 | €5,857 | -€6,091 | -51.0% |
| Remuneration and social security | 454/9 | €25,135 | €31,677 | +€6,542 | +26.0% |
| Other amounts payable | 47/48 | €3,579 | €4,787 | +€1,207 | +33.7% |
| Turnover | 70 | €606,112 | €597,820 | -€8,291 | -1.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €363,908 | €362,945 | -€963 | -0.3% |
| Remuneration, social security and pensions | 62 | €180,704 | €174,812 | -€5,892 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,704 | €34,273 | +€7,569 | +28.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,115 | +€1,115 | |
| Other operating charges | 640/8 | €740 | €749 | +€9 | +1.2% |
| Gross operating margin | 9900 | €242,275 | €234,875 | -€7,400 | -3.1% |
| Operating profit (loss) | 9901 | €34,127 | €23,926 | -€10,200 | -29.9% |
| Financial income | 75/76B | €1,195 | €1,856 | +€661 | +55.3% |
| Recurring financial income | 75 | €1,195 | €1,856 | +€661 | +55.3% |
| Financial charges | 65/66B | €1,377 | €1,438 | +€62 | +4.5% |
| Recurring financial charges | 65 | €1,377 | €1,438 | +€62 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €33,945 | €24,345 | -€9,601 | -28.3% |
| Income taxes | 67/77 | €8,330 | €5,623 | -€2,708 | -32.5% |
| Profit (loss) for the period | 9904 | €25,615 | €18,722 | -€6,893 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,615 | €18,722 | -€6,893 | -26.9% |
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 3 October 2026 via checked.be.