DE COPPEL RIK: 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.
DE COPPEL RIK
Largest movements
- Financial fixed assets +€575,000
up €575,000 (+55.3%), from €1.0m to €1.6m
- Cash -€437,070
down €437,070 (-28.2%), from €1.5m to €1.1m
mainly Investment in fixed assets (net) (-€713,244) and Contributions, distributions and other (-€258,492)
- Tangible fixed assets -€233,602
down €233,602 (-19.9%), from €1.2m to €941,323
of which Furniture and vehicles: -€142,972
- Stocks and contracts -€91,518
down €91,518 (-44.2%), from €207,018 to €115,500
- Receivables within one year +€59,784
up €59,784 (+40.3%), from €148,483 to €208,267
of which Other amounts receivable: +€35,514
- Accrued charges and deferred income -€203,581
down €203,581 (-65.4%), from €311,217 to €107,636
- Reserves +€106,615
up €106,615 (+6.1%), from €1.8m to €1.9m
of which Distributable reserves: +€106,615
- Debts after one year +€105,682
up €105,682 (+12.9%), from €818,031 to €923,713
- Other debts -€100,218
down €100,218 (-21.0%), from €477,016 to €376,797
- Current portion of long-term debt +€95,953
up €95,953 (+24.1%), from €398,158 to €494,111
- Gross operating margin -€163,020
down €163,020 (-14.5%), from €1.1m to €962,670
- Taxes -€57,050
down €57,050 (-25.4%), from €224,884 to €167,835
- Depreciation +€33,495
up €33,495 (+9.9%), from €338,351 to €371,846
- Financial charges -€18,106
down €18,106 (-27.5%), from €65,814 to €47,708
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 | €4,131,050 | €4,003,643 | -€127,407 | -3.1% |
| Fixed assets | 21/28 | €2,215,488 | €2,556,886 | +€341,398 | +15.4% |
| Tangible fixed assets | 22/27 | €1,174,925 | €941,323 | -€233,602 | -19.9% |
| Land and buildings | 22 | €240,736 | €220,530 | -€20,206 | -8.4% |
| Plant, machinery and equipment | 23 | €340,133 | €339,623 | -€510 | -0.2% |
| Furniture and vehicles | 24 | €490,567 | €347,595 | -€142,972 | -29.1% |
| Leasing and similar rights | 25 | €90,317 | €22,216 | -€68,101 | -75.4% |
| Assets under construction and advance payments | 27 | €13,172 | €11,359 | -€1,813 | -13.8% |
| Financial fixed assets | 28 | €1,040,563 | €1,615,563 | +€575,000 | +55.3% |
| Current assets | 29/58 | €1,915,562 | €1,446,757 | -€468,805 | -24.5% |
| Stocks and contracts in progress | 3 | €207,018 | €115,500 | -€91,518 | -44.2% |
| Stocks | 30/36 | €207,018 | €115,500 | -€91,518 | -44.2% |
| Amounts receivable within one year | 40/41 | €148,483 | €208,267 | +€59,784 | +40.3% |
| Trade receivables | 40 | €144,837 | €169,107 | +€24,270 | +16.8% |
| Other amounts receivable | 41 | €3,646 | €39,159 | +€35,514 | +974.1% |
| Current investments | 50/53 | €10,228 | €10,228 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,549,833 | €1,112,762 | -€437,070 | -28.2% |
| Total equity and liabilities | 10/49 | €4,131,050 | €4,003,643 | -€127,407 | -3.1% |
| Equity | 10/15 | €1,797,603 | €1,904,218 | +€106,615 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,757,950 | €1,864,565 | +€106,615 | +6.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,756,090 | €1,862,705 | +€106,615 | +6.1% |
| Profit (loss) carried forward | 14 | €21,053 | €21,053 | = | 0.0% |
| Amounts payable | 17/49 | €2,333,447 | €2,099,425 | -€234,022 | -10.0% |
| Amounts payable after more than one year | 17 | €818,031 | €923,713 | +€105,682 | +12.9% |
| Financial debts | 170/4 | €818,031 | €923,713 | +€105,682 | +12.9% |
| Amounts payable within one year | 42/48 | €1,204,200 | €1,068,076 | -€136,124 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €398,158 | €494,111 | +€95,953 | +24.1% |
| Trade debts | 44 | €206,512 | €128,018 | -€78,494 | -38.0% |
| Suppliers | 440/4 | €206,512 | €128,018 | -€78,494 | -38.0% |
| Taxes, remuneration and social security | 45 | €122,514 | €69,151 | -€53,364 | -43.6% |
| Taxes | 450/3 | €115,014 | €69,151 | -€45,864 | -39.9% |
| Remuneration and social security | 454/9 | €7,500 | - | -€7,500 | |
| Other amounts payable | 47/48 | €477,016 | €376,797 | -€100,218 | -21.0% |
| Accrued charges and deferred income | 492/3 | €311,217 | €107,636 | -€203,581 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338,351 | €371,846 | +€33,495 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,459 | - | +€5,459 | |
| Other operating charges | 640/8 | €10,819 | €12,154 | +€1,336 | +12.3% |
| Gross operating margin | 9900 | €1,125,690 | €962,670 | -€163,020 | -14.5% |
| Operating profit (loss) | 9901 | €781,979 | €578,670 | -€203,309 | -26.0% |
| Financial income | 75/76B | €1,953 | €1,979 | +€26 | +1.4% |
| Recurring financial income | 75 | €1,953 | €1,979 | +€26 | +1.4% |
| Financial charges | 65/66B | €65,814 | €47,708 | -€18,106 | -27.5% |
| Recurring financial charges | 65 | €65,814 | €47,708 | -€18,106 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €718,118 | €532,941 | -€185,177 | -25.8% |
| Income taxes | 67/77 | €224,884 | €167,835 | -€57,050 | -25.4% |
| Profit (loss) for the period | 9904 | €493,234 | €365,107 | -€128,127 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €493,234 | €365,107 | -€128,127 | -26.0% |
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 9 October 2026 via checked.be.