COPPECO: 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.
COPPECO
Largest movements
- Receivables within one year +€30,139
up €30,139 (+16.6%), from €181,771 to €211,910
of which Other amounts receivable: +€23,673
- Stocks and contracts -€26,750
down €26,750 (-38.8%), from €69,000 to €42,250
of which Contracts in progress: -€25,000
- Cash +€19,258
up €19,258 (+246.1%), from €7,826 to €27,084
mainly Net result for the year (+€36,407) and Stocks and contracts (+€26,750)
- Reserves +€36,407
up €36,407 (+88.9%), from €40,960 to €77,367
of which Distributable reserves: +€36,407
- Short-term financial debts -€23,326
down €23,326 (-93.3%), from €25,000 to €1,674
- Trade debts -€22,584
down €22,584 (-65.0%), from €34,771 to €12,187
- Other debts +€15,661
up €15,661 (+21.1%), from €74,069 to €89,730
- Debts after one year +€9,890
new in 2025: €9,890
- Gross operating margin +€52,722
up €52,722 (+934.9%), from €5,639 to €58,361
- Taxes +€13,649
up €13,649, from €0 to €13,649
- Financial charges +€3,720
up €3,720 (+156.7%), from €2,373 to €6,093
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 | €268,418 | €292,158 | +€23,740 | +8.8% |
| Fixed assets | 21/28 | €4,094 | €3,452 | -€642 | -15.7% |
| Tangible fixed assets | 22/27 | €4,094 | €3,452 | -€642 | -15.7% |
| Plant, machinery and equipment | 23 | €3,412 | €3,213 | -€199 | -5.8% |
| Furniture and vehicles | 24 | €682 | €239 | -€443 | -64.9% |
| Current assets | 29/58 | €264,323 | €288,706 | +€24,382 | +9.2% |
| Stocks and contracts in progress | 3 | €69,000 | €42,250 | -€26,750 | -38.8% |
| Stocks | 30/36 | €19,000 | €17,250 | -€1,750 | -9.2% |
| Contracts in progress | 37 | €50,000 | €25,000 | -€25,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €181,771 | €211,910 | +€30,139 | +16.6% |
| Trade receivables | 40 | €138,471 | €144,937 | +€6,466 | +4.7% |
| Other amounts receivable | 41 | €43,300 | €66,972 | +€23,673 | +54.7% |
| Cash at bank and in hand | 54/58 | €7,826 | €27,084 | +€19,258 | +246.1% |
| Deferred charges and accrued income | 490/1 | €5,727 | €7,461 | +€1,735 | +30.3% |
| Total equity and liabilities | 10/49 | €268,418 | €292,158 | +€23,740 | +8.8% |
| Equity | 10/15 | €131,117 | €167,524 | +€36,407 | +27.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,960 | €77,367 | +€36,407 | +88.9% |
| Non-distributable reserves | 130/1 | €394 | €394 | = | 0.0% |
| Reserves not available under the articles | 1311 | €394 | €394 | = | 0.0% |
| Distributable reserves | 133 | €40,566 | €76,973 | +€36,407 | +89.7% |
| Profit (loss) carried forward | 14 | €83,957 | €83,957 | = | 0.0% |
| Amounts payable | 17/49 | €137,301 | €124,634 | -€12,667 | -9.2% |
| Amounts payable after more than one year | 17 | - | €9,890 | +€9,890 | |
| Financial debts | 170/4 | - | €9,890 | +€9,890 | |
| Amounts payable within one year | 42/48 | €137,301 | €114,743 | -€22,557 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €761 | €3,605 | +€2,844 | +373.9% |
| Financial debts | 43 | €25,000 | €1,674 | -€23,326 | -93.3% |
| Credit institutions | 430/8 | €25,000 | €1,674 | -€23,326 | -93.3% |
| Trade debts | 44 | €34,771 | €12,187 | -€22,584 | -65.0% |
| Suppliers | 440/4 | €34,771 | €12,187 | -€22,584 | -65.0% |
| Taxes, remuneration and social security | 45 | €2,700 | €7,549 | +€4,849 | +179.6% |
| Taxes | 450/3 | €2,700 | €7,549 | +€4,849 | +179.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €74,069 | €89,730 | +€15,661 | +21.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,575 | €1,959 | +€384 | +24.4% |
| Other operating charges | 640/8 | €272 | €305 | +€33 | +12.3% |
| Non-recurring operating charges | 66A | €81 | €81 | +€0 | +0.1% |
| Gross operating margin | 9900 | €5,639 | €58,361 | +€52,722 | +934.9% |
| Operating profit (loss) | 9901 | €3,712 | €56,015 | +€52,304 | +1409.2% |
| Financial income | 75/76B | €0 | €133 | +€133 | +189928.6% |
| Recurring financial income | 75 | €0 | €133 | +€133 | +189928.6% |
| Financial charges | 65/66B | €2,373 | €6,093 | +€3,720 | +156.7% |
| Recurring financial charges | 65 | €2,373 | €6,093 | +€3,720 | +156.7% |
| Profit (loss) for the period before taxes | 9903 | €1,338 | €50,056 | +€48,717 | +3640.0% |
| Income taxes | 67/77 | €0 | €13,649 | +€13,649 | |
| Profit (loss) for the period | 9904 | €1,338 | €36,407 | +€35,069 | +2620.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,338 | €36,407 | +€35,069 | +2620.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.