COS312: 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.
COS312
Largest movements
- Cash +€127,556
up €127,556 (+96.3%), from €132,448 to €260,004
mainly Net result for the year (+€113,511) and Receivables within one year (+€32,876)
- Receivables within one year -€32,876
down €32,876 (-100.0%), from €32,876 to €0
of which Trade receivables: -€32,876
- Profit (loss) carried forward +€80,713
up €80,713 (+106.5%), from €75,783 to €156,496
- Other debts +€11,943
up €11,943 (+54.0%), from €22,112 to €34,055
- Trade debts -€8,426
down €8,426 (-59.0%), from €14,271 to €5,845
- Tax, wage and social debts +€8,293
up €8,293 (+22.4%), from €37,028 to €45,321
of which Taxes: +€7,747
- Gross operating margin +€23,493
up €23,493 (+17.9%), from €131,298 to €154,791
- Taxes +€6,550
up €6,550 (+23.7%), from €27,632 to €34,182
- Financial charges +€1,836
up €1,836 (+55.1%), from €3,333 to €5,169
- Depreciation -€1,708
down €1,708 (-69.5%), from €2,457 to €749
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 | €168,757 | €261,279 | +€92,522 | +54.8% |
| Fixed assets | 21/28 | €1,177 | €1,274 | +€97 | +8.2% |
| Tangible fixed assets | 22/27 | €1,177 | €1,274 | +€97 | +8.2% |
| Furniture and vehicles | 24 | €1,177 | €1,274 | +€97 | +8.2% |
| Current assets | 29/58 | €167,579 | €260,004 | +€92,425 | +55.2% |
| Amounts receivable within one year | 40/41 | €32,876 | €0 | -€32,876 | -100.0% |
| Trade receivables | 40 | €32,876 | €0 | -€32,876 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €132,448 | €260,004 | +€127,556 | +96.3% |
| Deferred charges and accrued income | 490/1 | €2,255 | €0 | -€2,255 | -100.0% |
| Total equity and liabilities | 10/49 | €168,757 | €261,279 | +€92,522 | +54.8% |
| Equity | 10/15 | €95,345 | €176,058 | +€80,713 | +84.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €13,562 | €13,562 | = | 0.0% |
| Distributable reserves | 133 | €13,562 | €13,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,783 | €156,496 | +€80,713 | +106.5% |
| Amounts payable | 17/49 | €73,411 | €85,221 | +€11,810 | +16.1% |
| Amounts payable within one year | 42/48 | €73,411 | €85,221 | +€11,810 | +16.1% |
| Trade debts | 44 | €14,271 | €5,845 | -€8,426 | -59.0% |
| Suppliers | 440/4 | €14,271 | €5,845 | -€8,426 | -59.0% |
| Taxes, remuneration and social security | 45 | €37,028 | €45,321 | +€8,293 | +22.4% |
| Taxes | 450/3 | €37,028 | €44,775 | +€7,747 | +20.9% |
| Remuneration and social security | 454/9 | €0 | €546 | +€546 | |
| Other amounts payable | 47/48 | €22,112 | €34,055 | +€11,943 | +54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,457 | €749 | -€1,708 | -69.5% |
| Other operating charges | 640/8 | €663 | €1,179 | +€515 | +77.7% |
| Gross operating margin | 9900 | €131,298 | €154,791 | +€23,493 | +17.9% |
| Operating profit (loss) | 9901 | €128,177 | €152,863 | +€24,685 | +19.3% |
| Financial charges | 65/66B | €3,333 | €5,169 | +€1,836 | +55.1% |
| Recurring financial charges | 65 | €3,333 | €5,169 | +€1,836 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €124,844 | €147,693 | +€22,849 | +18.3% |
| Income taxes | 67/77 | €27,632 | €34,182 | +€6,550 | +23.7% |
| Profit (loss) for the period | 9904 | €97,212 | €113,511 | +€16,299 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,212 | €113,511 | +€16,299 | +16.8% |
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 4 October 2026 via checked.be.