FRANCE COPIN: what changed
FRANCE COPIN
Largest movements
- Receivables within one year +€14,487
up €14,487 (+12.8%), from €112,842 to €127,329
of which Trade receivables: +€25,669
- Tangible fixed assets +€10,351
up €10,351 (+3.1%), from €332,768 to €343,118
of which Land and buildings: +€25,654
- Cash +€5,938
up €5,938 (+19.4%), from €30,624 to €36,563
mainly Depreciation (+€40,921) and Other debts (+€36,505)
- Other debts +€36,505
up €36,505 (+183%), from €19,969 to €56,474
- Tax, wage and social debts +€32,035
up €32,035 (+102%), from €31,459 to €63,494
of which Taxes: +€21,023
- Reserves -€18,991
down €18,991 (-13.4%), from €141,604 to €122,613
- Debts after one year -€11,539
down €11,539 (-5.7%), from €203,139 to €191,600
- Current portion of long-term debt -€8,534
down €8,534 (-17.3%), from €49,263 to €40,730
- Gross operating margin +€66,187
up €66,187 (+26.6%), from €248,905 to €315,091
- Financial charges +€20,542
up €20,542 (+43.9%), from €46,773 to €67,316
- Staff costs +€20,049
up €20,049 (+13.4%), from €149,763 to €169,813
- Depreciation +€6,474
up €6,474 (+18.8%), from €34,447 to €40,921
- Other operating charges +€5,428
up €5,428 (+73.4%), from €7,395 to €12,823
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,372 | €518,972 | +€34,600 | +7.1% |
| Fixed assets | 21/28 | €335,289 | €345,095 | +€9,807 | +2.9% |
| Intangible fixed assets | 21 | €2,521 | €1,977 | -€544 | -21.6% |
| Tangible fixed assets | 22/27 | €332,768 | €343,118 | +€10,351 | +3.1% |
| Land and buildings | 22 | €264,231 | €289,885 | +€25,654 | +9.7% |
| Furniture and vehicles | 24 | €68,537 | €53,234 | -€15,303 | -22.3% |
| Current assets | 29/58 | €149,083 | €173,877 | +€24,793 | +16.6% |
| Amounts receivable within one year | 40/41 | €112,842 | €127,329 | +€14,487 | +12.8% |
| Trade receivables | 40 | €82,188 | €107,857 | +€25,669 | +31.2% |
| Other amounts receivable | 41 | €30,654 | €19,472 | -€11,182 | -36.5% |
| Cash at bank and in hand | 54/58 | €30,624 | €36,563 | +€5,938 | +19.4% |
| Deferred charges and accrued income | 490/1 | €5,617 | €9,985 | +€4,368 | +77.8% |
| Total equity and liabilities | 10/49 | €484,372 | €518,972 | +€34,600 | +7.1% |
| Equity | 10/15 | €156,304 | €137,313 | -€18,990 | -12.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €141,604 | €122,613 | -€18,991 | -13.4% |
| Distributable reserves | 133 | €141,604 | €122,613 | -€18,991 | -13.4% |
| Profit (loss) carried forward | 14 | €440 | €440 | +€1 | +0.1% |
| Amounts payable | 17/49 | €328,068 | €381,658 | +€53,590 | +16.3% |
| Amounts payable after more than one year | 17 | €203,139 | €191,600 | -€11,539 | -5.7% |
| Financial debts | 170/4 | €203,139 | €191,600 | -€11,539 | -5.7% |
| Amounts payable within one year | 42/48 | €124,929 | €190,058 | +€65,130 | +52.1% |
| Current portion of amounts payable after more than one year | 42 | €49,263 | €40,730 | -€8,534 | -17.3% |
| Trade debts | 44 | €24,238 | €29,361 | +€5,123 | +21.1% |
| Suppliers | 440/4 | €24,238 | €29,361 | +€5,123 | +21.1% |
| Taxes, remuneration and social security | 45 | €31,459 | €63,494 | +€32,035 | +102% |
| Taxes | 450/3 | €12,227 | €33,250 | +€21,023 | +172% |
| Remuneration and social security | 454/9 | €19,232 | €30,244 | +€11,012 | +57.3% |
| Other amounts payable | 47/48 | €19,969 | €56,474 | +€36,505 | +183% |
| Remuneration, social security and pensions | 62 | €149,763 | €169,813 | +€20,049 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,447 | €40,921 | +€6,474 | +18.8% |
| Other operating charges | 640/8 | €7,395 | €12,823 | +€5,428 | +73.4% |
| Gross operating margin | 9900 | €248,905 | €315,091 | +€66,187 | +26.6% |
| Operating profit (loss) | 9901 | €57,299 | €91,535 | +€34,236 | +59.8% |
| Financial income | 75/76B | €2,260 | €1,039 | -€1,221 | -54.0% |
| Recurring financial income | 75 | €2,260 | €1,039 | -€1,221 | -54.0% |
| Financial charges | 65/66B | €46,773 | €67,316 | +€20,542 | +43.9% |
| Recurring financial charges | 65 | €46,773 | €67,316 | +€20,542 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €12,785 | €25,258 | +€12,473 | +97.6% |
| Income taxes | 67/77 | €6,171 | €10,613 | +€4,442 | +72.0% |
| Profit (loss) for the period | 9904 | €6,614 | €14,645 | +€8,031 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €6,614 | €14,645 | +€8,031 | +121% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.