D-COPY: 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.
D-COPY
Largest movements
- Cash -€12,303
down €12,303 (-19.6%), from €62,903 to €50,600
mainly Net result for the year (-€13,702) and Current portion of long-term debt (-€3,847)
- Receivables within one year -€4,031
down €4,031 (-3.1%), from €129,132 to €125,101
of which Other amounts receivable: -€7,829
- Profit (loss) carried forward -€13,702
down €13,702 (-14.3%), from €95,591 to €81,888
- Current portion of long-term debt -€3,847
down €3,847 (-75.0%), from €5,130 to €1,282
- Trade debts +€2,517
up €2,517 (+156.7%), from €1,606 to €4,122
- Gross operating margin -€14,298
down €14,298 (-25.8%), from €55,473 to €41,175
- Staff costs +€3,194
up €3,194 (+5.7%), from €55,892 to €59,086
- Financial income -€1,687
down €1,687 (-25.4%), from €6,643 to €4,956
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 | €199,294 | €183,823 | -€15,471 | -7.8% |
| Fixed assets | 21/28 | €429 | €214 | -€215 | -50.1% |
| Tangible fixed assets | 22/27 | €429 | €214 | -€215 | -50.1% |
| Plant, machinery and equipment | 23 | €429 | €214 | -€215 | -50.1% |
| Current assets | 29/58 | €198,865 | €183,609 | -€15,256 | -7.7% |
| Stocks and contracts in progress | 3 | €6,143 | €6,763 | +€620 | +10.1% |
| Stocks | 30/36 | €6,143 | €6,763 | +€620 | +10.1% |
| Amounts receivable within one year | 40/41 | €129,132 | €125,101 | -€4,031 | -3.1% |
| Trade receivables | 40 | €17,669 | €21,467 | +€3,798 | +21.5% |
| Other amounts receivable | 41 | €111,463 | €103,634 | -€7,829 | -7.0% |
| Cash at bank and in hand | 54/58 | €62,903 | €50,600 | -€12,303 | -19.6% |
| Deferred charges and accrued income | 490/1 | €688 | €1,145 | +€458 | +66.6% |
| Total equity and liabilities | 10/49 | €199,294 | €183,823 | -€15,471 | -7.8% |
| Equity | 10/15 | €180,191 | €166,488 | -€13,702 | -7.6% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Capital | 10 | €66,000 | €66,000 | = | 0.0% |
| Issued capital | 100 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €18,600 | €18,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,600 | €6,600 | = | 0.0% |
| Legal reserve | 130 | €6,600 | €6,600 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,591 | €81,888 | -€13,702 | -14.3% |
| Amounts payable | 17/49 | €19,103 | €17,335 | -€1,768 | -9.3% |
| Amounts payable after more than one year | 17 | €1,282 | - | -€1,282 | |
| Financial debts | 170/4 | €1,282 | - | -€1,282 | |
| Amounts payable within one year | 42/48 | €15,724 | €15,222 | -€502 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €5,130 | €1,282 | -€3,847 | -75.0% |
| Trade debts | 44 | €1,606 | €4,122 | +€2,517 | +156.7% |
| Suppliers | 440/4 | €1,606 | €4,122 | +€2,517 | +156.7% |
| Taxes, remuneration and social security | 45 | €7,327 | €8,157 | +€829 | +11.3% |
| Remuneration and social security | 454/9 | €7,327 | €8,157 | +€829 | +11.3% |
| Other amounts payable | 47/48 | €1,661 | €1,661 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,097 | €2,113 | +€16 | +0.8% |
| Remuneration, social security and pensions | 62 | €55,892 | €59,086 | +€3,194 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €215 | = | 0.0% |
| Other operating charges | 640/8 | €487 | €400 | -€88 | -18.0% |
| Gross operating margin | 9900 | €55,473 | €41,175 | -€14,298 | -25.8% |
| Operating profit (loss) | 9901 | -€1,121 | -€18,526 | -€17,405 | -1552.2% |
| Financial income | 75/76B | €6,643 | €4,956 | -€1,687 | -25.4% |
| Recurring financial income | 75 | €6,643 | €4,956 | -€1,687 | -25.4% |
| Financial charges | 65/66B | €369 | €133 | -€236 | -64.0% |
| Recurring financial charges | 65 | €369 | €133 | -€236 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €5,153 | -€13,702 | -€18,855 | |
| Profit (loss) for the period | 9904 | €5,153 | -€13,702 | -€18,855 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,153 | -€13,702 | -€18,855 |
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 8 October 2026 via checked.be.