KOPO: 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.
KOPO
Largest movements
- Cash -€51,077
down €51,077 (-38.8%), from €131,700 to €80,623
mainly Trade debts (-€104,060) and Stocks and contracts (-€39,562)
- Stocks and contracts +€39,562
up €39,562 (+854%), from €4,632 to €44,194
- Receivables within one year -€22,983
down €22,983 (-13.7%), from €167,894 to €144,911
of which Other amounts receivable: -€26,728
- Deferred charges and accrued income -€8,440
no longer reported in 2025 (was €8,440)
- Trade debts -€104,060
down €104,060 (-41.8%), from €248,702 to €144,642
- Profit (loss) carried forward +€56,451
up €56,451 (+264%), from €21,344 to €77,795
- Tax, wage and social debts +€19,395
up €19,395 (+260%), from €7,456 to €26,851
- Accrued charges and deferred income -€10,905
down €10,905 (-71.9%), from €15,164 to €4,259
- Gross operating margin +€37,824
up €37,824 (+124%), from €30,398 to €68,223
- Taxes +€11,939
up €11,939 (+160%), from €7,456 to €19,395
- Financial income +€9,608
up €9,608 (+6,862,943%), from €0 to €9,608
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 | €312,665 | €273,546 | -€39,119 | -12.5% |
| Fixed assets | 21/28 | - | €3,818 | +€3,818 | |
| Tangible fixed assets | 22/27 | - | €1,598 | +€1,598 | |
| Furniture and vehicles | 24 | - | €1,598 | +€1,598 | |
| Financial fixed assets | 28 | - | €2,220 | +€2,220 | |
| Current assets | 29/58 | €312,665 | €269,728 | -€42,937 | -13.7% |
| Stocks and contracts in progress | 3 | €4,632 | €44,194 | +€39,562 | +854% |
| Contracts in progress | 37 | €4,632 | €44,194 | +€39,562 | +854% |
| Amounts receivable within one year | 40/41 | €167,894 | €144,911 | -€22,983 | -13.7% |
| Trade receivables | 40 | €100,637 | €104,381 | +€3,744 | +3.7% |
| Other amounts receivable | 41 | €67,257 | €40,530 | -€26,728 | -39.7% |
| Cash at bank and in hand | 54/58 | €131,700 | €80,623 | -€51,077 | -38.8% |
| Deferred charges and accrued income | 490/1 | €8,440 | - | -€8,440 | |
| Total equity and liabilities | 10/49 | €312,665 | €273,546 | -€39,119 | -12.5% |
| Equity | 10/15 | €41,344 | €97,795 | +€56,451 | +137% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,344 | €77,795 | +€56,451 | +264% |
| Amounts payable | 17/49 | €271,322 | €175,752 | -€95,570 | -35.2% |
| Amounts payable within one year | 42/48 | €256,158 | €171,493 | -€84,665 | -33.1% |
| Trade debts | 44 | €248,702 | €144,642 | -€104,060 | -41.8% |
| Suppliers | 440/4 | €248,702 | €144,642 | -€104,060 | -41.8% |
| Taxes, remuneration and social security | 45 | €7,456 | €26,851 | +€19,395 | +260% |
| Taxes | 450/3 | €7,456 | €26,851 | +€19,395 | +260% |
| Accrued charges and deferred income | 492/3 | €15,164 | €4,259 | -€10,905 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €53 | +€53 | |
| Other operating charges | 640/8 | €980 | €1,352 | +€372 | +37.9% |
| Gross operating margin | 9900 | €30,398 | €68,223 | +€37,824 | +124% |
| Operating profit (loss) | 9901 | €29,418 | €66,818 | +€37,400 | +127% |
| Financial income | 75/76B | €0 | €9,608 | +€9,608 | +6,862,943% |
| Recurring financial income | 75 | €0 | €9,608 | +€9,608 | +6,862,943% |
| Financial charges | 65/66B | €619 | €580 | -€39 | -6.3% |
| Recurring financial charges | 65 | €619 | €580 | -€39 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €28,799 | €75,846 | +€47,047 | +163% |
| Income taxes | 67/77 | €7,456 | €19,395 | +€11,939 | +160% |
| Profit (loss) for the period | 9904 | €21,344 | €56,451 | +€35,108 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €21,344 | €56,451 | +€35,108 | +164% |
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.