DRUKKERIJ COPPENS: 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.
DRUKKERIJ COPPENS
Largest movements
- Tangible fixed assets -€31,396
down €31,396 (-16.8%), from €186,614 to €155,218
- Cash +€15,944
up €15,944 (+9.9%), from €161,596 to €177,541
mainly Net result for the year (+€61,220) and Depreciation (+€31,396)
- Receivables within one year +€14,197
up €14,197 (+14.7%), from €96,891 to €111,087
of which Trade receivables: +€13,528
- Reserves +€61,220
up €61,220 (+21.0%), from €290,968 to €352,188
of which Distributable reserves: +€61,220
- Other debts -€35,571
down €35,571 (-100%), from €35,571 to €0
- Debts after one year -€32,550
down €32,550 (-89.8%), from €36,264 to €3,714
of which Financial debts: -€32,568
- Gross operating margin +€8,292
up €8,292 (+6.4%), from €129,993 to €138,284
- Staff costs +€7,751
up €7,751 (+267%), from €2,908 to €10,659
- Taxes +€7,330
up €7,330 (+42.5%), from €17,229 to €24,559
- Other operating charges -€2,034
down €2,034 (-20.5%), from €9,915 to €7,881
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 | €463,573 | €461,474 | -€2,099 | -0.5% |
| Fixed assets | 21/28 | €191,155 | €159,759 | -€31,396 | -16.4% |
| Tangible fixed assets | 22/27 | €186,614 | €155,218 | -€31,396 | -16.8% |
| Land and buildings | 22 | €64,297 | €61,125 | -€3,172 | -4.9% |
| Plant, machinery and equipment | 23 | €71,525 | €60,341 | -€11,185 | -15.6% |
| Furniture and vehicles | 24 | €3,491 | €1,758 | -€1,733 | -49.6% |
| Leasing and similar rights | 25 | €47,301 | €31,995 | -€15,306 | -32.4% |
| Financial fixed assets | 28 | €4,541 | €4,541 | = | 0.0% |
| Current assets | 29/58 | €272,417 | €301,715 | +€29,297 | +10.8% |
| Stocks and contracts in progress | 3 | €9,882 | €6,426 | -€3,456 | -35.0% |
| Stocks | 30/36 | €9,882 | €6,426 | -€3,456 | -35.0% |
| Amounts receivable within one year | 40/41 | €96,891 | €111,087 | +€14,197 | +14.7% |
| Trade receivables | 40 | €74,542 | €88,070 | +€13,528 | +18.1% |
| Other amounts receivable | 41 | €22,349 | €23,017 | +€669 | +3.0% |
| Cash at bank and in hand | 54/58 | €161,596 | €177,541 | +€15,944 | +9.9% |
| Deferred charges and accrued income | 490/1 | €4,049 | €6,661 | +€2,612 | +64.5% |
| Total equity and liabilities | 10/49 | €463,573 | €461,474 | -€2,099 | -0.5% |
| Equity | 10/15 | €326,981 | €388,201 | +€61,220 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,968 | €352,188 | +€61,220 | +21.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,376 | €15,376 | = | 0.0% |
| Distributable reserves | 133 | €273,732 | €334,952 | +€61,220 | +22.4% |
| Profit (loss) carried forward | 14 | €17,414 | €17,414 | = | 0.0% |
| Amounts payable | 17/49 | €136,591 | €73,272 | -€63,319 | -46.4% |
| Amounts payable after more than one year | 17 | €36,264 | €3,714 | -€32,550 | -89.8% |
| Financial debts | 170/4 | €36,264 | €3,696 | -€32,568 | -89.8% |
| Trade debts | 175 | - | €18 | +€18 | |
| Amounts payable within one year | 42/48 | €100,327 | €69,558 | -€30,769 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €30,230 | €30,022 | -€208 | -0.7% |
| Trade debts | 44 | €13,050 | €16,569 | +€3,519 | +27.0% |
| Suppliers | 440/4 | €13,050 | €16,569 | +€3,519 | +27.0% |
| Taxes, remuneration and social security | 45 | €21,475 | €22,967 | +€1,492 | +6.9% |
| Taxes | 450/3 | €18,321 | €19,782 | +€1,461 | +8.0% |
| Remuneration and social security | 454/9 | €3,154 | €3,185 | +€31 | +1.0% |
| Other amounts payable | 47/48 | €35,571 | €0 | -€35,571 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,908 | €10,659 | +€7,751 | +267% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,695 | €31,396 | +€701 | +2.3% |
| Other operating charges | 640/8 | €9,915 | €7,881 | -€2,034 | -20.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €129,993 | €138,284 | +€8,292 | +6.4% |
| Operating profit (loss) | 9901 | €86,474 | €88,349 | +€1,874 | +2.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,550 | €2,570 | -€980 | -27.6% |
| Recurring financial charges | 65 | €3,550 | €2,570 | -€980 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €82,925 | €85,779 | +€2,854 | +3.4% |
| Income taxes | 67/77 | €17,229 | €24,559 | +€7,330 | +42.5% |
| Profit (loss) for the period | 9904 | €65,696 | €61,220 | -€4,476 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,696 | €61,220 | -€4,476 | -6.8% |
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 20 October 2026 via checked.be.