't KOPKE: 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.
't KOPKE
Largest movements
- Stocks and contracts -€41,908
down €41,908 (-43.9%), from €95,455 to €53,547
- Short-term financial debts -€315,119
down €315,119 (-28.0%), from €1.1m to €812,143
- Other debts +€198,627
up €198,627 (+67.2%), from €295,373 to €494,000
- Profit (loss) carried forward +€181,528
up €181,528 (+126%), from €143,969 to €325,498
- Trade debts -€140,878
down €140,878 (-95.6%), from €147,378 to €6,499
- Tax, wage and social debts +€33,757
up €33,757 (+1,757%), from €1,922 to €35,679
- Gross operating margin +€144,636
up €144,636 (+111%), from €129,743 to €274,379
- Financial charges -€39,688
down €39,688 (-44.2%), from €89,822 to €50,134
- Taxes +€36,257
new in 2025: €36,257
- Other operating charges -€22,728
down €22,728 (-77.8%), from €29,228 to €6,499
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 | €1,799,557 | €1,757,627 | -€41,931 | -2.3% |
| Fixed assets | 21/28 | €1,700,000 | €1,700,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,700,000 | €1,700,000 | = | 0.0% |
| Current assets | 29/58 | €99,557 | €57,627 | -€41,931 | -42.1% |
| Stocks and contracts in progress | 3 | €95,455 | €53,547 | -€41,908 | -43.9% |
| Stocks | 30/36 | €95,455 | €53,547 | -€41,908 | -43.9% |
| Amounts receivable within one year | 40/41 | €4,041 | €4,080 | +€39 | +1.0% |
| Other amounts receivable | 41 | €4,041 | €4,080 | +€39 | +1.0% |
| Cash at bank and in hand | 54/58 | €62 | - | -€62 | |
| Total equity and liabilities | 10/49 | €1,799,557 | €1,757,627 | -€41,931 | -2.3% |
| Equity | 10/15 | €226,469 | €407,998 | +€181,528 | +80.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,969 | €325,498 | +€181,528 | +126% |
| Amounts payable | 17/49 | €1,573,088 | €1,349,629 | -€223,459 | -14.2% |
| Amounts payable within one year | 42/48 | €1,571,934 | €1,348,321 | -€223,613 | -14.2% |
| Financial debts | 43 | €1,127,262 | €812,143 | -€315,119 | -28.0% |
| Credit institutions | 430/8 | €1,127,262 | €812,143 | -€315,119 | -28.0% |
| Trade debts | 44 | €147,378 | €6,499 | -€140,878 | -95.6% |
| Suppliers | 440/4 | €147,378 | €6,499 | -€140,878 | -95.6% |
| Taxes, remuneration and social security | 45 | €1,922 | €35,679 | +€33,757 | +1,757% |
| Taxes | 450/3 | €1,922 | €35,679 | +€33,757 | +1,757% |
| Other amounts payable | 47/48 | €295,373 | €494,000 | +€198,627 | +67.2% |
| Accrued charges and deferred income | 492/3 | €1,154 | €1,308 | +€154 | +13.4% |
| Other operating charges | 640/8 | €29,228 | €6,499 | -€22,728 | -77.8% |
| Gross operating margin | 9900 | €129,743 | €274,379 | +€144,636 | +111% |
| Operating profit (loss) | 9901 | €100,515 | €267,880 | +€167,364 | +167% |
| Financial income | 75/76B | €39 | €39 | +€0 | +1.0% |
| Recurring financial income | 75 | €39 | €39 | +€0 | +1.0% |
| Financial charges | 65/66B | €89,822 | €50,134 | -€39,688 | -44.2% |
| Recurring financial charges | 65 | €89,822 | €50,134 | -€39,688 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €10,733 | €217,786 | +€207,053 | +1,929% |
| Income taxes | 67/77 | - | €36,257 | +€36,257 | |
| Profit (loss) for the period | 9904 | €10,733 | €181,528 | +€170,796 | +1,591% |
| Profit (loss) for the period to be appropriated | 9905 | €10,733 | €181,528 | +€170,796 | +1,591% |
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 22 October 2026 via checked.be.