KOPARAN: 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.
KOPARAN
Largest movements
- Receivables within one year +€48,501
up €48,501 (+289%), from €16,776 to €65,277
of which Trade receivables: +€44,345
- Cash -€24,010
down €24,010 (-49.5%), from €48,515 to €24,504
mainly Receivables within one year (-€48,501) and Stocks and contracts (-€12,723)
- Stocks and contracts +€12,723
up €12,723 (+33.6%), from €37,815 to €50,537
- Deferred charges and accrued income +€4,206
up €4,206 (+111%), from €3,786 to €7,992
- Trade debts +€47,870
up €47,870 (+233%), from €20,577 to €68,448
- Tax, wage and social debts -€8,309
down €8,309 (-47.1%), from €17,640 to €9,332
of which Taxes: -€9,752
- Profit (loss) carried forward +€4,015
up €4,015 (+6.7%), from €59,564 to €63,579
- Other debts -€2,708
down €2,708 (-64.2%), from €4,217 to €1,510
- Gross operating margin -€27,453
down €27,453 (-41.6%), from €65,982 to €38,530
- Taxes -€7,595
down €7,595 (-74.2%), from €10,235 to €2,640
- Staff costs +€7,087
up €7,087 (+42.7%), from €16,586 to €23,673
- Depreciation -€3,033
down €3,033 (-88.6%), from €3,425 to €392
- Financial charges +€1,743
up €1,743 (+68.7%), from €2,538 to €4,281
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 | €108,249 | €149,276 | +€41,027 | +37.9% |
| Fixed assets | 21/28 | €1,357 | €966 | -€392 | -28.9% |
| Tangible fixed assets | 22/27 | €1,357 | €966 | -€392 | -28.9% |
| Plant, machinery and equipment | 23 | €1,357 | €966 | -€392 | -28.9% |
| Current assets | 29/58 | €106,892 | €148,310 | +€41,419 | +38.7% |
| Stocks and contracts in progress | 3 | €37,815 | €50,537 | +€12,723 | +33.6% |
| Stocks | 30/36 | €37,815 | €50,537 | +€12,723 | +33.6% |
| Amounts receivable within one year | 40/41 | €16,776 | €65,277 | +€48,501 | +289% |
| Trade receivables | 40 | €14,795 | €59,140 | +€44,345 | +300% |
| Other amounts receivable | 41 | €1,981 | €6,137 | +€4,156 | +210% |
| Cash at bank and in hand | 54/58 | €48,515 | €24,504 | -€24,010 | -49.5% |
| Deferred charges and accrued income | 490/1 | €3,786 | €7,992 | +€4,206 | +111% |
| Total equity and liabilities | 10/49 | €108,249 | €149,276 | +€41,027 | +37.9% |
| Equity | 10/15 | €65,814 | €69,829 | +€4,015 | +6.1% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,564 | €63,579 | +€4,015 | +6.7% |
| Amounts payable | 17/49 | €42,435 | €79,447 | +€37,012 | +87.2% |
| Amounts payable within one year | 42/48 | €42,435 | €79,289 | +€36,854 | +86.8% |
| Trade debts | 44 | €20,577 | €68,448 | +€47,870 | +233% |
| Suppliers | 440/4 | €20,577 | €68,448 | +€47,870 | +233% |
| Taxes, remuneration and social security | 45 | €17,640 | €9,332 | -€8,309 | -47.1% |
| Taxes | 450/3 | €14,693 | €4,940 | -€9,752 | -66.4% |
| Remuneration and social security | 454/9 | €2,948 | €4,391 | +€1,444 | +49.0% |
| Other amounts payable | 47/48 | €4,217 | €1,510 | -€2,708 | -64.2% |
| Accrued charges and deferred income | 492/3 | - | €158 | +€158 | |
| Remuneration, social security and pensions | 62 | €16,586 | €23,673 | +€7,087 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,425 | €392 | -€3,033 | -88.6% |
| Other operating charges | 640/8 | €3,267 | €3,649 | +€383 | +11.7% |
| Gross operating margin | 9900 | €65,982 | €38,530 | -€27,453 | -41.6% |
| Operating profit (loss) | 9901 | €42,705 | €10,816 | -€31,889 | -74.7% |
| Financial income | 75/76B | €0 | €121 | +€121 | +1,206,000% |
| Recurring financial income | 75 | €0 | €121 | +€121 | +1,206,000% |
| Financial charges | 65/66B | €2,538 | €4,281 | +€1,743 | +68.7% |
| Recurring financial charges | 65 | €2,538 | €4,281 | +€1,743 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €40,167 | €6,655 | -€33,512 | -83.4% |
| Income taxes | 67/77 | €10,235 | €2,640 | -€7,595 | -74.2% |
| Profit (loss) for the period | 9904 | €29,932 | €4,015 | -€25,917 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,932 | €4,015 | -€25,917 | -86.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.