COPYLAND: 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.
COPYLAND
Largest movements
- Cash -€33,412
down €33,412 (-43.3%), from €77,198 to €43,786
mainly Net result for the year (-€39,896) and Current portion of long-term debt (-€4,690)
- Tangible fixed assets -€9,376
down €9,376 (-53.6%), from €17,478 to €8,102
of which Plant, machinery and equipment: -€8,596
- Receivables within one year -€5,644
down €5,644 (-3.4%), from €164,447 to €158,803
of which Trade receivables: -€5,322
- Stocks and contracts -€3,954
down €3,954 (-25.4%), from €15,549 to €11,595
- Profit (loss) carried forward -€39,896
down €39,896 (-19.3%), from €207,161 to €167,266
- Current portion of long-term debt -€4,690
down €4,690 (-70.6%), from €6,639 to €1,949
- Trade debts -€3,684
down €3,684 (-26.5%), from €13,917 to €10,232
- Other debts -€3,410
no longer reported in 2025 (was €3,410)
- Gross operating margin -€75,352
down €75,352 (-34.4%), from €219,250 to €143,898
- Staff costs -€15,536
down €15,536 (-7.9%), from €196,236 to €180,700
- Financial income -€2,394
down €2,394 (-24.3%), from €9,831 to €7,437
- Taxes -€2,222
down €2,222, from €1,547 to -€675
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 | €277,656 | €222,489 | -€55,167 | -19.9% |
| Fixed assets | 21/28 | €20,229 | €8,102 | -€12,127 | -59.9% |
| Tangible fixed assets | 22/27 | €17,478 | €8,102 | -€9,376 | -53.6% |
| Plant, machinery and equipment | 23 | €9,680 | €1,084 | -€8,596 | -88.8% |
| Other tangible fixed assets | 26 | €7,798 | €7,018 | -€780 | -10.0% |
| Financial fixed assets | 28 | €2,752 | - | -€2,752 | |
| Current assets | 29/58 | €257,426 | €214,387 | -€43,039 | -16.7% |
| Stocks and contracts in progress | 3 | €15,549 | €11,595 | -€3,954 | -25.4% |
| Stocks | 30/36 | €15,549 | €11,595 | -€3,954 | -25.4% |
| Amounts receivable within one year | 40/41 | €164,447 | €158,803 | -€5,644 | -3.4% |
| Trade receivables | 40 | €8,877 | €3,555 | -€5,322 | -60.0% |
| Other amounts receivable | 41 | €155,570 | €155,248 | -€322 | -0.2% |
| Cash at bank and in hand | 54/58 | €77,198 | €43,786 | -€33,412 | -43.3% |
| Deferred charges and accrued income | 490/1 | €232 | €203 | -€30 | -12.8% |
| Total equity and liabilities | 10/49 | €277,656 | €222,489 | -€55,167 | -19.9% |
| Equity | 10/15 | €227,621 | €187,726 | -€39,896 | -17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,161 | €167,266 | -€39,896 | -19.3% |
| Amounts payable | 17/49 | €50,034 | €34,764 | -€15,271 | -30.5% |
| Amounts payable after more than one year | 17 | €1,949 | - | -€1,949 | |
| Financial debts | 170/4 | €1,949 | - | -€1,949 | |
| Amounts payable within one year | 42/48 | €43,548 | €32,163 | -€11,385 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €6,639 | €1,949 | -€4,690 | -70.6% |
| Trade debts | 44 | €13,917 | €10,232 | -€3,684 | -26.5% |
| Suppliers | 440/4 | €13,917 | €10,232 | -€3,684 | -26.5% |
| Taxes, remuneration and social security | 45 | €19,582 | €19,982 | +€400 | +2.0% |
| Remuneration and social security | 454/9 | €19,582 | €19,982 | +€400 | +2.0% |
| Other amounts payable | 47/48 | €3,410 | - | -€3,410 | |
| Accrued charges and deferred income | 492/3 | €4,538 | €2,601 | -€1,937 | -42.7% |
| Non-recurring operating income | 76A | - | €3,410 | +€3,410 | |
| Remuneration, social security and pensions | 62 | €196,236 | €180,700 | -€15,536 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,596 | €9,376 | +€780 | +9.1% |
| Other operating charges | 640/8 | €1,266 | €1,225 | -€41 | -3.2% |
| Gross operating margin | 9900 | €219,250 | €143,898 | -€75,352 | -34.4% |
| Operating profit (loss) | 9901 | €13,152 | -€47,403 | -€60,555 | |
| Financial income | 75/76B | €9,831 | €7,437 | -€2,394 | -24.3% |
| Recurring financial income | 75 | €9,831 | €7,437 | -€2,394 | -24.3% |
| Financial charges | 65/66B | €1,290 | €605 | -€685 | -53.1% |
| Recurring financial charges | 65 | €1,290 | €605 | -€685 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €21,693 | -€40,571 | -€62,264 | |
| Income taxes | 67/77 | €1,547 | -€675 | -€2,222 | |
| Profit (loss) for the period | 9904 | €20,146 | -€39,896 | -€60,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,146 | -€39,896 | -€60,042 |
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 13 October 2026 via checked.be.