Dois Copos: 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.
Dois Copos
Largest movements
- Stocks and contracts +€26,366
up €26,366 (+138.3%), from €19,064 to €45,429
- Tangible fixed assets -€10,590
down €10,590 (-4.8%), from €222,885 to €212,295
of which Other tangible fixed assets: -€18,358
- Profit (loss) carried forward -€70,871
down €70,871 (-64.3%), from -€110,211 to -€181,082
- Trade debts +€60,147
up €60,147 (+313.2%), from €19,204 to €79,350
- Debts after one year -€35,271
down €35,271 (-19.5%), from €181,039 to €145,769
- Other debts +€26,542
up €26,542 (+30.6%), from €86,667 to €113,209
- Tax, wage and social debts +€20,459
up €20,459 (+190.3%), from €10,751 to €31,210
of which Taxes: +€17,869
- Staff costs +€84,340
up €84,340 (+154.6%), from €54,562 to €138,902
- Gross operating margin +€81,391
up €81,391 (+233.3%), from €34,885 to €116,277
- Depreciation +€22,294
up €22,294 (+235.9%), from €9,452 to €31,745
- Financial charges +€3,781
up €3,781 (+34.1%), from €11,074 to €14,854
- Other operating charges +€1,200
up €1,200 (+267.2%), from €449 to €1,649
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 | €244,617 | €259,205 | +€14,589 | +6.0% |
| Fixed assets | 21/28 | €222,935 | €212,340 | -€10,595 | -4.8% |
| Intangible fixed assets | 21 | €49 | €44 | -€5 | -10.3% |
| Tangible fixed assets | 22/27 | €222,885 | €212,295 | -€10,590 | -4.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €23,020 | €30,309 | +€7,289 | +31.7% |
| Furniture and vehicles | 24 | €13,185 | €13,665 | +€479 | +3.6% |
| Other tangible fixed assets | 26 | €186,680 | €168,322 | -€18,358 | -9.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €21,682 | €46,865 | +€25,183 | +116.1% |
| Stocks and contracts in progress | 3 | €19,064 | €45,429 | +€26,366 | +138.3% |
| Stocks | 30/36 | €19,064 | €45,429 | +€26,366 | +138.3% |
| Amounts receivable within one year | 40/41 | €691 | €23 | -€668 | -96.7% |
| Trade receivables | 40 | €191 | €23 | -€168 | -88.2% |
| Other amounts receivable | 41 | €500 | €0 | -€500 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,928 | €1,414 | -€514 | -26.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €244,617 | €259,205 | +€14,589 | +6.0% |
| Equity | 10/15 | -€91,230 | -€162,101 | -€70,871 | -77.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €389 | €389 | = | 0.0% |
| Non-distributable reserves | 130/1 | €389 | - | -€389 | |
| Reserves not available under the articles | 1311 | €389 | - | -€389 | |
| Distributable reserves | 133 | - | €389 | +€389 | |
| Profit (loss) carried forward | 14 | -€110,211 | -€181,082 | -€70,871 | -64.3% |
| Amounts payable | 17/49 | €335,846 | €421,306 | +€85,460 | +25.4% |
| Amounts payable after more than one year | 17 | €181,039 | €145,769 | -€35,271 | -19.5% |
| Financial debts | 170/4 | €181,039 | €145,769 | -€35,271 | -19.5% |
| Amounts payable within one year | 42/48 | €150,582 | €270,369 | +€119,787 | +79.5% |
| Current portion of amounts payable after more than one year | 42 | €33,961 | €46,600 | +€12,639 | +37.2% |
| Trade debts | 44 | €19,204 | €79,350 | +€60,147 | +313.2% |
| Suppliers | 440/4 | €19,204 | €79,350 | +€60,147 | +313.2% |
| Taxes, remuneration and social security | 45 | €10,751 | €31,210 | +€20,459 | +190.3% |
| Taxes | 450/3 | €1,900 | €19,768 | +€17,869 | +940.7% |
| Remuneration and social security | 454/9 | €8,851 | €11,441 | +€2,590 | +29.3% |
| Other amounts payable | 47/48 | €86,667 | €113,209 | +€26,542 | +30.6% |
| Accrued charges and deferred income | 492/3 | €4,225 | €5,168 | +€943 | +22.3% |
| Remuneration, social security and pensions | 62 | €54,562 | €138,902 | +€84,340 | +154.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,452 | €31,745 | +€22,294 | +235.9% |
| Other operating charges | 640/8 | €449 | €1,649 | +€1,200 | +267.2% |
| Gross operating margin | 9900 | €34,885 | €116,277 | +€81,391 | +233.3% |
| Operating profit (loss) | 9901 | -€29,577 | -€56,019 | -€26,442 | -89.4% |
| Financial income | 75/76B | €0 | €2 | +€2 | +1684.6% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +1684.6% |
| Financial charges | 65/66B | €11,074 | €14,854 | +€3,781 | +34.1% |
| Recurring financial charges | 65 | €11,074 | €14,854 | +€3,781 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | -€40,651 | -€70,871 | -€30,221 | -74.3% |
| Profit (loss) for the period | 9904 | -€40,651 | -€70,871 | -€30,221 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,651 | -€70,871 | -€30,221 | -74.3% |
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.