ROBRECHT COPPENS: 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.
ROBRECHT COPPENS
Largest movements
- Receivables within one year +€259,730
up €259,730 (+30.7%), from €844,688 to €1.1m
- Cash +€206,239
up €206,239 (+16.3%), from €1.3m to €1.5m
mainly Net result for the year (+€903,745) and Other debts (+€428,533)
- Other debts +€428,533
up €428,533 (+263.1%), from €162,870 to €591,403
- Trade debts +€112,353
up €112,353 (+12846.4%), from €875 to €113,228
- Reserves -€108,255
down €108,255 (-4.9%), from €2.2m to €2.1m
- Tax, wage and social debts +€33,203
up €33,203 (+33.6%), from €98,849 to €132,051
- Gross operating margin +€386,613
up €386,613 (+43.3%), from €892,859 to €1.3m
- Taxes +€116,517
up €116,517 (+38.7%), from €301,144 to €417,662
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 | €2,484,946 | €2,950,780 | +€465,834 | +18.7% |
| Fixed assets | 21/28 | €45,116 | €42,768 | -€2,349 | -5.2% |
| Tangible fixed assets | 22/27 | €20,066 | €17,718 | -€2,349 | -11.7% |
| Plant, machinery and equipment | 23 | €4,794 | €5,629 | +€834 | +17.4% |
| Furniture and vehicles | 24 | €3,120 | €2,447 | -€673 | -21.6% |
| Other tangible fixed assets | 26 | €12,152 | €9,642 | -€2,510 | -20.7% |
| Financial fixed assets | 28 | €25,050 | €25,050 | = | 0.0% |
| Current assets | 29/58 | €2,439,830 | €2,908,012 | +€468,182 | +19.2% |
| Amounts receivable within one year | 40/41 | €844,688 | €1,104,418 | +€259,730 | +30.7% |
| Other amounts receivable | 41 | €844,688 | €1,104,418 | +€259,730 | +30.7% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,265,713 | €1,471,952 | +€206,239 | +16.3% |
| Deferred charges and accrued income | 490/1 | €29,430 | €31,643 | +€2,213 | +7.5% |
| Total equity and liabilities | 10/49 | €2,484,946 | €2,950,780 | +€465,834 | +18.7% |
| Equity | 10/15 | €2,222,353 | €2,114,097 | -€108,255 | -4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,209,953 | €2,101,697 | -€108,255 | -4.9% |
| Distributable reserves | 133 | €2,209,953 | €2,101,697 | -€108,255 | -4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €262,593 | €836,682 | +€574,089 | +218.6% |
| Amounts payable within one year | 42/48 | €262,593 | €836,682 | +€574,089 | +218.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €875 | €113,228 | +€112,353 | +12846.4% |
| Suppliers | 440/4 | €875 | €113,228 | +€112,353 | +12846.4% |
| Taxes, remuneration and social security | 45 | €98,849 | €132,051 | +€33,203 | +33.6% |
| Taxes | 450/3 | €98,849 | €132,051 | +€33,203 | +33.6% |
| Other amounts payable | 47/48 | €162,870 | €591,403 | +€428,533 | +263.1% |
| Non-recurring operating income | 76A | - | €8,500 | +€8,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,211 | €4,248 | +€1,037 | +32.3% |
| Other operating charges | 640/8 | €2,622 | €1,952 | -€670 | -25.5% |
| Gross operating margin | 9900 | €892,859 | €1,279,472 | +€386,613 | +43.3% |
| Operating profit (loss) | 9901 | €887,026 | €1,273,272 | +€386,246 | +43.5% |
| Financial income | 75/76B | €61,294 | €48,518 | -€12,776 | -20.8% |
| Recurring financial income | 75 | €61,294 | €48,518 | -€12,776 | -20.8% |
| Financial charges | 65/66B | €295 | €385 | +€89 | +30.2% |
| Recurring financial charges | 65 | €295 | €385 | +€89 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €948,025 | €1,321,406 | +€373,381 | +39.4% |
| Income taxes | 67/77 | €301,144 | €417,662 | +€116,517 | +38.7% |
| Profit (loss) for the period | 9904 | €646,881 | €903,745 | +€256,863 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €646,881 | €903,745 | +€256,863 | +39.7% |
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.