KOPP: what changed
Two fiscal 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.
KOPP
Largest movements
- Deferred charges and accrued income +€30,538
up €30,538 (+409.9%), from €7,450 to €37,988
- Tangible fixed assets -€28,804
down €28,804 (-7.8%), from €369,390 to €340,586
of which Plant, machinery and equipment: -€16,595
- Cash +€9,822
up €9,822 (+35.7%), from €27,538 to €37,360
mainly Tax, wage and social debts (+€40,060) and Depreciation (+€28,804)
- Receivables within one year -€5,952
down €5,952 (-16.6%), from €35,915 to €29,963
of which Trade receivables: -€7,015
- Tax, wage and social debts +€40,060
up €40,060 (+29.6%), from €135,432 to €175,492
of which Taxes: +€27,240
- Other debts -€36,292
down €36,292 (-43.4%), from €83,641 to €47,349
- Trade debts +€27,494
up €27,494 (+16.4%), from €167,819 to €195,313
- Debts after one year -€17,788
no longer reported in 2024 (was €17,788)
- Current portion of long-term debt -€8,145
down €8,145 (-31.4%), from €25,933 to €17,788
- Financial charges +€35,740
up €35,740 (+558.2%), from €6,403 to €42,143
- Gross operating margin -€15,759
down €15,759 (-3.2%), from €485,318 to €469,559
- Staff costs +€9,839
up €9,839 (+2.6%), from €375,565 to €385,404
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €474,450 | €484,000 | +€9,550 | +2.0% |
| Fixed assets | 21/28 | €371,162 | €342,358 | -€28,804 | -7.8% |
| Tangible fixed assets | 22/27 | €369,390 | €340,586 | -€28,804 | -7.8% |
| Land and buildings | 22 | €182,732 | €170,523 | -€12,209 | -6.7% |
| Plant, machinery and equipment | 23 | €186,658 | €170,063 | -€16,595 | -8.9% |
| Financial fixed assets | 28 | €1,772 | €1,772 | = | 0.0% |
| Current assets | 29/58 | €103,288 | €141,642 | +€38,354 | +37.1% |
| Stocks and contracts in progress | 3 | €32,385 | €36,331 | +€3,946 | +12.2% |
| Stocks | 30/36 | €32,385 | €36,331 | +€3,946 | +12.2% |
| Amounts receivable within one year | 40/41 | €35,915 | €29,963 | -€5,952 | -16.6% |
| Trade receivables | 40 | €8,972 | €1,957 | -€7,015 | -78.2% |
| Other amounts receivable | 41 | €26,943 | €28,006 | +€1,063 | +3.9% |
| Cash at bank and in hand | 54/58 | €27,538 | €37,360 | +€9,822 | +35.7% |
| Deferred charges and accrued income | 490/1 | €7,450 | €37,988 | +€30,538 | +409.9% |
| Total equity and liabilities | 10/49 | €474,450 | €484,000 | +€9,550 | +2.0% |
| Equity | 10/15 | €42,707 | €48,058 | +€5,351 | +12.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,830 | -€6,479 | +€5,351 | +45.2% |
| Amounts payable | 17/49 | €431,743 | €435,942 | +€4,199 | +1.0% |
| Amounts payable after more than one year | 17 | €17,788 | - | -€17,788 | |
| Financial debts | 170/4 | €17,788 | - | -€17,788 | |
| Amounts payable within one year | 42/48 | €413,955 | €435,942 | +€21,987 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €25,933 | €17,788 | -€8,145 | -31.4% |
| Financial debts | 43 | €1,130 | - | -€1,130 | |
| Credit institutions | 430/8 | €1,130 | - | -€1,130 | |
| Trade debts | 44 | €167,819 | €195,313 | +€27,494 | +16.4% |
| Suppliers | 440/4 | €167,819 | €195,313 | +€27,494 | +16.4% |
| Taxes, remuneration and social security | 45 | €135,432 | €175,492 | +€40,060 | +29.6% |
| Taxes | 450/3 | €35,083 | €62,323 | +€27,240 | +77.6% |
| Remuneration and social security | 454/9 | €100,349 | €113,169 | +€12,820 | +12.8% |
| Other amounts payable | 47/48 | €83,641 | €47,349 | -€36,292 | -43.4% |
| Non-recurring operating income | 76A | €6,449 | €19,523 | +€13,074 | +202.7% |
| Remuneration, social security and pensions | 62 | €375,565 | €385,404 | +€9,839 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,411 | €28,804 | -€1,607 | -5.3% |
| Other operating charges | 640/8 | €8,901 | €7,932 | -€969 | -10.9% |
| Non-recurring operating charges | 66A | €68,966 | - | -€68,966 | |
| Gross operating margin | 9900 | €485,318 | €469,559 | -€15,759 | -3.2% |
| Operating profit (loss) | 9901 | €1,475 | €47,419 | +€45,944 | +3114.8% |
| Financial income | 75/76B | €132 | €249 | +€117 | +88.6% |
| Recurring financial income | 75 | €132 | €249 | +€117 | +88.6% |
| Financial charges | 65/66B | €6,403 | €42,143 | +€35,740 | +558.2% |
| Recurring financial charges | 65 | €6,403 | €42,143 | +€35,740 | +558.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,796 | €5,525 | +€10,321 | |
| Income taxes | 67/77 | €163 | €174 | +€11 | +6.7% |
| Profit (loss) for the period | 9904 | -€4,959 | €5,351 | +€10,310 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,959 | €5,351 | +€10,310 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.