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FRANCE COPIN: what changed

What changed

FRANCE COPIN

BE 0873.682.265
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€14,645
2022 · €6,614+€8,031
Equity
€137,313
2022 · €156,304-€18,990
Cash
€36,563
2022 · €30,624+€5,938
Balance sheet total
€518,972
2022 · €484,372+€34,600

Largest movements

2022 to 2023
Assets
  • 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)

Equity and liabilities
  • 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

Income statement
  • 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

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2022 €6,614
Gross operating margin +€66,187
Staff costs -€20,049
Depreciation -€6,474
Other operating charges -€5,428
Financial income -€1,221
Financial charges -€20,542
Taxes -€4,442
Result 2023 €14,645
raises the resultlowers the result

Derived cash bridge

cash 2022 to 2023

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.

From operations +€110,374
Investment -€50,728
Financing -€53,708
Cash 2022 €30,624
Net result for the year +€14,645
Depreciation +€40,921
Receivables within one year -€14,487
Deferred charges and accrued income -€4,368
Trade debts +€5,123
Tax, wage and social debts +€32,035
Other debts +€36,505
Investment in fixed assets (net) -€50,728
Debts after one year -€11,539
Current portion of long-term debt -€8,534
Contributions, distributions and other -€33,635
Cash 2023 €36,563
brings cash intakes cash out
Every line side by side 42 lines
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%
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.