COPYCAT MANAGEMENT: 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.
COPYCAT MANAGEMENT
Largest movements
- Tangible fixed assets +€47,794
up €47,794 (+103%), from €46,416 to €94,210
of which Furniture and vehicles: +€46,656
- Receivables within one year -€26,773
down €26,773 (-65.1%), from €41,133 to €14,360
of which Trade receivables: -€26,642
- Cash -€9,407
down €9,407 (-9.8%), from €96,137 to €86,730
mainly Investment in fixed assets (net) (-€64,890) and Tax, wage and social debts (-€10,405)
- Stocks and contracts -€5,250
down €5,250 (-64.3%), from €8,160 to €2,910
- Tax, wage and social debts -€10,405
down €10,405 (-67.5%), from €15,405 to €5,001
of which Taxes: -€13,975
- Advances received +€10,000
up €10,000 (+19.1%), from €52,251 to €62,251
- Other debts -€8,593
down €8,593 (-85.2%), from €10,083 to €1,490
- Profit (loss) carried forward +€7,445
up €7,445 (+20.1%), from -€36,983 to -€29,538
- Trade debts +€7,403
up €7,403 (+323%), from €2,289 to €9,692
- Gross operating margin +€15,974
up €15,974 (+118%), from €13,498 to €29,472
- Depreciation -€5,373
down €5,373 (-23.4%), from €22,983 to €17,610
- Taxes +€1,272
up €1,272 (+806%), from €158 to €1,430
- Other operating charges +€313
up €313 (+37.4%), from €837 to €1,150
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 | €253,345 | €259,195 | +€5,850 | +2.3% |
| Fixed assets | 21/28 | €47,915 | €95,195 | +€47,280 | +98.7% |
| Intangible fixed assets | 21 | €1,499 | €985 | -€514 | -34.3% |
| Tangible fixed assets | 22/27 | €46,416 | €94,210 | +€47,794 | +103% |
| Plant, machinery and equipment | 23 | €2,425 | €3,562 | +€1,138 | +46.9% |
| Furniture and vehicles | 24 | €43,992 | €90,648 | +€46,656 | +106% |
| Current assets | 29/58 | €205,430 | €164,000 | -€41,430 | -20.2% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €8,160 | €2,910 | -€5,250 | -64.3% |
| Stocks | 30/36 | €8,160 | €2,910 | -€5,250 | -64.3% |
| Amounts receivable within one year | 40/41 | €41,133 | €14,360 | -€26,773 | -65.1% |
| Trade receivables | 40 | €35,841 | €9,200 | -€26,642 | -74.3% |
| Other amounts receivable | 41 | €5,292 | €5,161 | -€131 | -2.5% |
| Cash at bank and in hand | 54/58 | €96,137 | €86,730 | -€9,407 | -9.8% |
| Total equity and liabilities | 10/49 | €253,345 | €259,195 | +€5,850 | +2.3% |
| Equity | 10/15 | €173,316 | €180,761 | +€7,445 | +4.3% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €142,128 | €142,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,817 | €6,817 | = | 0.0% |
| Distributable reserves | 133 | €135,311 | €135,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,983 | -€29,538 | +€7,445 | +20.1% |
| Amounts payable | 17/49 | €80,029 | €78,434 | -€1,595 | -2.0% |
| Amounts payable within one year | 42/48 | €80,029 | €78,434 | -€1,595 | -2.0% |
| Trade debts | 44 | €2,289 | €9,692 | +€7,403 | +323% |
| Suppliers | 440/4 | €2,289 | €9,692 | +€7,403 | +323% |
| Advances received on contracts in progress | 46 | €52,251 | €62,251 | +€10,000 | +19.1% |
| Taxes, remuneration and social security | 45 | €15,405 | €5,001 | -€10,405 | -67.5% |
| Taxes | 450/3 | €15,405 | €1,430 | -€13,975 | -90.7% |
| Remuneration and social security | 454/9 | - | €3,571 | +€3,571 | |
| Other amounts payable | 47/48 | €10,083 | €1,490 | -€8,593 | -85.2% |
| Non-recurring operating income | 76A | - | €20,985 | +€20,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,983 | €17,610 | -€5,373 | -23.4% |
| Other operating charges | 640/8 | €837 | €1,150 | +€313 | +37.4% |
| Non-recurring operating charges | 66A | - | €655 | +€655 | |
| Gross operating margin | 9900 | €13,498 | €29,472 | +€15,974 | +118% |
| Operating profit (loss) | 9901 | -€10,322 | €10,058 | +€20,380 | |
| Financial income | 75/76B | €808 | €822 | +€14 | +1.7% |
| Recurring financial income | 75 | €808 | €822 | +€14 | +1.7% |
| Financial charges | 65/66B | €1,767 | €2,006 | +€239 | +13.5% |
| Recurring financial charges | 65 | €1,767 | €2,006 | +€239 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,280 | €8,874 | +€20,154 | |
| Income taxes | 67/77 | €158 | €1,430 | +€1,272 | +806% |
| Profit (loss) for the period | 9904 | -€11,438 | €7,445 | +€18,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,438 | €7,445 | +€18,882 |
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 21 October 2026 via checked.be.