STB COPTER: 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.
STB COPTER
Largest movements
- Cash +€294,605
up €294,605 (+992%), from €29,697 to €324,302
mainly Current investments (+€154,267) and Receivables within one year (+€136,279)
- Current investments -€154,267
down €154,267 (-21.7%), from €709,728 to €555,462
- Receivables within one year -€136,279
down €136,279 (-52.3%), from €260,732 to €124,453
of which Other amounts receivable: -€114,723
- Reserves +€50,000
up €50,000 (+55.7%), from €89,841 to €139,841
- Accrued charges and deferred income -€36,154
down €36,154 (-98.9%), from €36,570 to €416
- Advances received -€26,218
down €26,218 (-10.0%), from €261,728 to €235,510
- Financial income +€46,449
up €46,449 (+383%), from €12,138 to €58,587
- Gross operating margin +€33,525
up €33,525, from -€11,724 to €21,801
- Financial charges +€18,484
up €18,484 (+81.5%), from -€22,686 to -€4,202
- Taxes +€5,985
new in 2025: €5,985
- Other operating charges -€565
down €565 (-2.9%), from €19,729 to €19,164
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 | €1,028,633 | €1,031,668 | +€3,035 | +0.3% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,027,633 | €1,030,668 | +€3,035 | +0.3% |
| Amounts receivable within one year | 40/41 | €260,732 | €124,453 | -€136,279 | -52.3% |
| Trade receivables | 40 | €75,980 | €54,424 | -€21,556 | -28.4% |
| Other amounts receivable | 41 | €184,752 | €70,029 | -€114,723 | -62.1% |
| Current investments | 50/53 | €709,728 | €555,462 | -€154,267 | -21.7% |
| Cash at bank and in hand | 54/58 | €29,697 | €324,302 | +€294,605 | +992% |
| Deferred charges and accrued income | 490/1 | €27,476 | €26,451 | -€1,025 | -3.7% |
| Total equity and liabilities | 10/49 | €1,028,633 | €1,031,668 | +€3,035 | +0.3% |
| Equity | 10/15 | €562,328 | €621,769 | +€59,441 | +10.6% |
| Contributions | 10/11 | €38,414 | €38,414 | = | 0.0% |
| Reserves | 13 | €89,841 | €139,841 | +€50,000 | +55.7% |
| Distributable reserves | 133 | €89,841 | €139,841 | +€50,000 | +55.7% |
| Profit (loss) carried forward | 14 | €434,072 | €443,513 | +€9,441 | +2.2% |
| Amounts payable | 17/49 | €466,305 | €409,899 | -€56,406 | -12.1% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €329,735 | €309,483 | -€20,252 | -6.1% |
| Trade debts | 44 | €18,005 | €18,299 | +€293 | +1.6% |
| Suppliers | 440/4 | €18,005 | €18,299 | +€293 | +1.6% |
| Advances received on contracts in progress | 46 | €261,728 | €235,510 | -€26,218 | -10.0% |
| Taxes, remuneration and social security | 45 | €14,764 | €15,005 | +€241 | +1.6% |
| Taxes | 450/3 | €14,764 | €15,005 | +€241 | +1.6% |
| Other amounts payable | 47/48 | €35,238 | €40,669 | +€5,432 | +15.4% |
| Accrued charges and deferred income | 492/3 | €36,570 | €416 | -€36,154 | -98.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€94 | - | +€94 | |
| Other operating charges | 640/8 | €19,729 | €19,164 | -€565 | -2.9% |
| Gross operating margin | 9900 | -€11,724 | €21,801 | +€33,525 | |
| Operating profit (loss) | 9901 | -€31,359 | €2,637 | +€33,996 | |
| Financial income | 75/76B | €12,138 | €58,587 | +€46,449 | +383% |
| Recurring financial income | 75 | €12,138 | €58,587 | +€46,449 | +383% |
| Financial charges | 65/66B | -€22,686 | -€4,202 | +€18,484 | +81.5% |
| Recurring financial charges | 65 | -€22,686 | -€4,202 | +€18,484 | +81.5% |
| Profit (loss) for the period before taxes | 9903 | €3,464 | €65,426 | +€61,962 | +1,789% |
| Income taxes | 67/77 | - | €5,985 | +€5,985 | |
| Profit (loss) for the period | 9904 | €3,464 | €59,441 | +€55,977 | +1,616% |
| Profit (loss) for the period to be appropriated | 9905 | €3,464 | €59,441 | +€55,977 | +1,616% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.