COSALI: 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.
COSALI
Largest movements
- Tangible fixed assets +€44,918
up €44,918 (+58.9%), from €76,296 to €121,214
of which Furniture and vehicles: +€44,385
- Receivables within one year +€20,756
up €20,756 (+8.7%), from €239,382 to €260,137
of which Trade receivables: +€33,232
- Profit (loss) carried forward +€55,855
up €55,855 (+145%), from €38,500 to €94,354
- Trade debts -€22,669
down €22,669 (-57.7%), from €39,287 to €16,618
- Tax, wage and social debts +€19,104
up €19,104 (+69.5%), from €27,498 to €46,602
- Accrued charges and deferred income +€15,303
up €15,303 (+8.8%), from €173,942 to €189,246
- Debts after one year -€5,329
down €5,329 (-60.1%), from €8,863 to €3,534
- Gross operating margin +€17,844
up €17,844 (+20.4%), from €87,288 to €105,132
- Other operating charges -€8,184
down €8,184 (-83.9%), from €9,758 to €1,574
- Depreciation +€5,066
up €5,066 (+20.5%), from €24,767 to €29,833
- Taxes +€4,406
up €4,406 (+25.1%), from €17,565 to €21,971
- Financial income -€2,595
down €2,595 (-18.3%), from €14,217 to €11,622
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,858 | €381,801 | +€65,943 | +20.9% |
| Fixed assets | 21/28 | €76,476 | €121,394 | +€44,918 | +58.7% |
| Tangible fixed assets | 22/27 | €76,296 | €121,214 | +€44,918 | +58.9% |
| Land and buildings | 22 | €5,312 | €3,842 | -€1,470 | -27.7% |
| Plant, machinery and equipment | 23 | €23,937 | €31,413 | +€7,476 | +31.2% |
| Furniture and vehicles | 24 | €35,728 | €80,113 | +€44,385 | +124% |
| Leasing and similar rights | 25 | €11,320 | €5,846 | -€5,474 | -48.4% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €239,382 | €260,407 | +€21,025 | +8.8% |
| Amounts receivable within one year | 40/41 | €239,382 | €260,137 | +€20,756 | +8.7% |
| Trade receivables | 40 | €5,798 | €39,030 | +€33,232 | +573% |
| Other amounts receivable | 41 | €233,583 | €221,107 | -€12,476 | -5.3% |
| Deferred charges and accrued income | 490/1 | - | €270 | +€270 | |
| Total equity and liabilities | 10/49 | €315,858 | €381,801 | +€65,943 | +20.9% |
| Equity | 10/15 | €57,100 | €112,954 | +€55,855 | +97.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,500 | €94,354 | +€55,855 | +145% |
| Amounts payable | 17/49 | €258,758 | €268,846 | +€10,088 | +3.9% |
| Amounts payable after more than one year | 17 | €8,863 | €3,534 | -€5,329 | -60.1% |
| Financial debts | 170/4 | €8,863 | €3,534 | -€5,329 | -60.1% |
| Amounts payable within one year | 42/48 | €75,952 | €76,066 | +€114 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €5,329 | €5,329 | +€0 | 0.0% |
| Financial debts | 43 | €3,839 | €7,518 | +€3,679 | +95.8% |
| Credit institutions | 430/8 | €3,839 | €7,518 | +€3,679 | +95.8% |
| Trade debts | 44 | €39,287 | €16,618 | -€22,669 | -57.7% |
| Suppliers | 440/4 | €39,287 | €16,618 | -€22,669 | -57.7% |
| Taxes, remuneration and social security | 45 | €27,498 | €46,602 | +€19,104 | +69.5% |
| Taxes | 450/3 | €27,498 | €46,602 | +€19,104 | +69.5% |
| Accrued charges and deferred income | 492/3 | €173,942 | €189,246 | +€15,303 | +8.8% |
| Non-recurring operating income | 76A | - | €75 | +€75 | |
| Remuneration, social security and pensions | 62 | €4,625 | €5,281 | +€656 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,767 | €29,833 | +€5,066 | +20.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24 | - | -€24 | |
| Other operating charges | 640/8 | €9,758 | €1,574 | -€8,184 | -83.9% |
| Gross operating margin | 9900 | €87,288 | €105,132 | +€17,844 | +20.4% |
| Operating profit (loss) | 9901 | €48,114 | €68,445 | +€20,331 | +42.3% |
| Financial income | 75/76B | €14,217 | €11,622 | -€2,595 | -18.3% |
| Recurring financial income | 75 | €14,217 | €11,622 | -€2,595 | -18.3% |
| Financial charges | 65/66B | €1,841 | €2,242 | +€400 | +21.7% |
| Recurring financial charges | 65 | €1,841 | €2,242 | +€400 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €60,490 | €77,826 | +€17,335 | +28.7% |
| Income taxes | 67/77 | €17,565 | €21,971 | +€4,406 | +25.1% |
| Profit (loss) for the period | 9904 | €42,925 | €55,855 | +€12,929 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,925 | €55,855 | +€12,929 | +30.1% |
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 18 October 2026 via checked.be.