KOOPVAARDIJ: 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.
KOOPVAARDIJ
Largest movements
- Cash +€9,696
up €9,696 (+124%), from €7,823 to €17,519
mainly Accrued charges and deferred income (+€10,969) and Depreciation (+€8,652)
- Tangible fixed assets -€8,652
down €8,652 (-3.9%), from €220,472 to €211,820
- Debts after one year -€11,280
down €11,280 (-10.2%), from €110,347 to €99,067
- Accrued charges and deferred income +€10,969
new in 2025: €10,969
- Gross operating margin +€5,197
up €5,197 (+49.3%), from €10,546 to €15,743
- Financial charges +€1,862
up €1,862 (+62.0%), from €3,004 to €4,866
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 | €229,339 | €230,580 | +€1,241 | +0.5% |
| Fixed assets | 21/28 | €220,472 | €211,820 | -€8,652 | -3.9% |
| Tangible fixed assets | 22/27 | €220,472 | €211,820 | -€8,652 | -3.9% |
| Land and buildings | 22 | €220,472 | €211,820 | -€8,652 | -3.9% |
| Current assets | 29/58 | €8,866 | €18,760 | +€9,894 | +112% |
| Amounts receivable within one year | 40/41 | €575 | €798 | +€223 | +38.8% |
| Other amounts receivable | 41 | €575 | €798 | +€223 | +38.8% |
| Cash at bank and in hand | 54/58 | €7,823 | €17,519 | +€9,696 | +124% |
| Deferred charges and accrued income | 490/1 | €469 | €443 | -€25 | -5.4% |
| Total equity and liabilities | 10/49 | €229,339 | €230,580 | +€1,241 | +0.5% |
| Equity | 10/15 | €53,476 | €54,772 | +€1,296 | +2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,289 | €49,289 | = | 0.0% |
| Distributable reserves | 133 | €49,289 | €49,289 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,013 | -€718 | +€1,296 | +64.4% |
| Amounts payable | 17/49 | €175,863 | €175,808 | -€55 | 0.0% |
| Amounts payable after more than one year | 17 | €110,347 | €99,067 | -€11,280 | -10.2% |
| Financial debts | 170/4 | €110,347 | €99,067 | -€11,280 | -10.2% |
| Amounts payable within one year | 42/48 | €65,516 | €65,772 | +€256 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €11,024 | €11,280 | +€256 | +2.3% |
| Other amounts payable | 47/48 | €54,492 | €54,492 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €10,969 | +€10,969 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,652 | €8,652 | = | 0.0% |
| Other operating charges | 640/8 | €903 | €929 | +€26 | +2.9% |
| Gross operating margin | 9900 | €10,546 | €15,743 | +€5,197 | +49.3% |
| Operating profit (loss) | 9901 | €991 | €6,162 | +€5,171 | +522% |
| Financial charges | 65/66B | €3,004 | €4,866 | +€1,862 | +62.0% |
| Recurring financial charges | 65 | €3,004 | €4,866 | +€1,862 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,013 | €1,296 | +€3,309 | |
| Profit (loss) for the period | 9904 | -€2,013 | €1,296 | +€3,309 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,013 | €1,296 | +€3,309 |
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 16 October 2026 via checked.be.