KOPPEN IMMO: 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.
KOPPEN IMMO
Largest movements
- Receivables within one year -€13,482
down €13,482 (-26.1%), from €51,594 to €38,112
of which Trade receivables: -€14,054
- Trade debts -€17,420
down €17,420 (-92.7%), from €18,796 to €1,376
- Profit (loss) carried forward +€14,038
up €14,038 (+5.6%), from -€249,121 to -€235,083
- Other debts -€11,336
down €11,336 (-22.8%), from €49,788 to €38,452
- Gross operating margin +€12,321
up €12,321 (+99.1%), from €12,437 to €24,758
- Other operating charges -€8,495
down €8,495 (-63.9%), from €13,299 to €4,804
- Taxes +€4,154
up €4,154, from €0 to €4,154
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.
Cash bridge derived
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 | €437,192 | €426,070 | -€11,122 | -2.5% |
| Fixed assets | 21/28 | €377,875 | €376,163 | -€1,712 | -0.5% |
| Tangible fixed assets | 22/27 | €377,875 | €376,163 | -€1,712 | -0.5% |
| Land and buildings | 22 | €377,875 | €376,163 | -€1,712 | -0.5% |
| Current assets | 29/58 | €59,317 | €49,907 | -€9,410 | -15.9% |
| Amounts receivable within one year | 40/41 | €51,594 | €38,112 | -€13,482 | -26.1% |
| Trade receivables | 40 | €17,104 | €3,050 | -€14,054 | -82.2% |
| Other amounts receivable | 41 | €34,490 | €35,062 | +€572 | +1.7% |
| Cash at bank and in hand | 54/58 | €7,723 | €11,581 | +€3,858 | +50.0% |
| Deferred charges and accrued income | 490/1 | - | €214 | +€214 | |
| Total equity and liabilities | 10/49 | €437,192 | €426,070 | -€11,122 | -2.5% |
| Equity | 10/15 | €368,051 | €382,089 | +€14,038 | +3.8% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Revaluation surpluses | 12 | €336,860 | €336,860 | = | 0.0% |
| Reserves | 13 | €248,086 | €248,086 | = | 0.0% |
| Distributable reserves | 133 | €248,086 | €248,086 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€249,121 | -€235,083 | +€14,038 | +5.6% |
| Amounts payable | 17/49 | €69,141 | €43,981 | -€25,160 | -36.4% |
| Amounts payable within one year | 42/48 | €69,141 | €43,981 | -€25,160 | -36.4% |
| Trade debts | 44 | €18,796 | €1,376 | -€17,420 | -92.7% |
| Suppliers | 440/4 | €18,796 | €1,376 | -€17,420 | -92.7% |
| Taxes, remuneration and social security | 45 | €558 | €4,154 | +€3,596 | +644.5% |
| Taxes | 450/3 | €558 | €4,154 | +€3,596 | +644.5% |
| Other amounts payable | 47/48 | €49,788 | €38,452 | -€11,336 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,712 | €1,712 | = | 0.0% |
| Other operating charges | 640/8 | €13,299 | €4,804 | -€8,495 | -63.9% |
| Gross operating margin | 9900 | €12,437 | €24,758 | +€12,321 | +99.1% |
| Operating profit (loss) | 9901 | -€2,574 | €18,242 | +€20,817 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €107 | €50 | -€56 | -52.9% |
| Recurring financial charges | 65 | €107 | €50 | -€56 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,681 | €18,192 | +€20,873 | |
| Income taxes | 67/77 | €0 | €4,154 | +€4,154 | |
| Profit (loss) for the period | 9904 | -€2,681 | €14,038 | +€16,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,681 | €14,038 | +€16,719 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.