COSAS: 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.
COSAS
Largest movements
- Receivables within one year +€40,883
up €40,883 (+26.8%), from €152,321 to €193,204
of which Other amounts receivable: +€40,420
- Tangible fixed assets -€16,990
down €16,990 (-34.3%), from €49,564 to €32,573
of which Furniture and vehicles: -€16,626
- Intangible fixed assets -€9,300
down €9,300 (-48.0%), from €19,375 to €10,075
- Cash +€8,353
up €8,353 (+104.6%), from €7,983 to €16,335
mainly Other debts (+€53,607) and Depreciation (+€28,740)
- Other debts +€53,607
up €53,607 (+103.6%), from €51,760 to €105,367
- Trade debts -€41,484
down €41,484 (-24.5%), from €169,335 to €127,850
- Reserves +€8,612
up €8,612 (+19.8%), from €43,452 to €52,063
- Short-term financial debts +€4,131
up €4,131 (+44.8%), from €9,228 to €13,359
- Gross operating margin +€32,715
up €32,715 (+97.3%), from €33,632 to €66,347
- Staff costs +€15,476
new in 2024: €15,476
- Depreciation +€10,969
up €10,969 (+61.7%), from €17,771 to €28,740
- Taxes +€1,372
up €1,372 (+32.9%), from €4,173 to €5,545
- Other operating charges +€1,013
up €1,013 (+61.3%), from €1,652 to €2,665
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €366,497 | €390,356 | +€23,859 | +6.5% |
| Fixed assets | 21/28 | €68,939 | €42,648 | -€26,290 | -38.1% |
| Intangible fixed assets | 21 | €19,375 | €10,075 | -€9,300 | -48.0% |
| Tangible fixed assets | 22/27 | €49,564 | €32,573 | -€16,990 | -34.3% |
| Land and buildings | 22 | €16,962 | €15,554 | -€1,407 | -8.3% |
| Plant, machinery and equipment | 23 | €4,046 | €5,089 | +€1,043 | +25.8% |
| Furniture and vehicles | 24 | €28,556 | €11,930 | -€16,626 | -58.2% |
| Current assets | 29/58 | €297,558 | €347,708 | +€50,150 | +16.9% |
| Stocks and contracts in progress | 3 | €134,284 | €134,179 | -€106 | -0.1% |
| Stocks | 30/36 | €134,284 | €134,179 | -€106 | -0.1% |
| Amounts receivable within one year | 40/41 | €152,321 | €193,204 | +€40,883 | +26.8% |
| Trade receivables | 40 | €4,309 | €4,772 | +€463 | +10.7% |
| Other amounts receivable | 41 | €148,013 | €188,432 | +€40,420 | +27.3% |
| Current investments | 50/53 | €2,970 | €3,990 | +€1,020 | +34.3% |
| Cash at bank and in hand | 54/58 | €7,983 | €16,335 | +€8,353 | +104.6% |
| Total equity and liabilities | 10/49 | €366,497 | €390,356 | +€23,859 | +6.5% |
| Equity | 10/15 | €75,452 | €84,063 | +€8,612 | +11.4% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €43,452 | €52,063 | +€8,612 | +19.8% |
| Distributable reserves | 133 | €43,452 | €52,063 | +€8,612 | +19.8% |
| Amounts payable | 17/49 | €291,045 | €306,293 | +€15,247 | +5.2% |
| Amounts payable after more than one year | 17 | €37,492 | €34,712 | -€2,780 | -7.4% |
| Financial debts | 170/4 | €37,492 | €34,712 | -€2,780 | -7.4% |
| Amounts payable within one year | 42/48 | €253,261 | €271,581 | +€18,320 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €15,535 | €15,463 | -€71 | -0.5% |
| Financial debts | 43 | €9,228 | €13,359 | +€4,131 | +44.8% |
| Credit institutions | 430/8 | €9,228 | €13,359 | +€4,131 | +44.8% |
| Trade debts | 44 | €169,335 | €127,850 | -€41,484 | -24.5% |
| Suppliers | 440/4 | €169,335 | €127,850 | -€41,484 | -24.5% |
| Advances received on contracts in progress | 46 | €242 | €989 | +€747 | +308.8% |
| Taxes, remuneration and social security | 45 | €7,162 | €8,552 | +€1,390 | +19.4% |
| Taxes | 450/3 | €7,162 | €4,716 | -€2,446 | -34.1% |
| Remuneration and social security | 454/9 | - | €3,836 | +€3,836 | |
| Other amounts payable | 47/48 | €51,760 | €105,367 | +€53,607 | +103.6% |
| Accrued charges and deferred income | 492/3 | €292 | €0 | -€292 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €15,476 | +€15,476 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,771 | €28,740 | +€10,969 | +61.7% |
| Other operating charges | 640/8 | €1,652 | €2,665 | +€1,013 | +61.3% |
| Gross operating margin | 9900 | €33,632 | €66,347 | +€32,715 | +97.3% |
| Operating profit (loss) | 9901 | €14,208 | €19,466 | +€5,258 | +37.0% |
| Financial income | 75/76B | €23 | €59 | +€36 | +154.1% |
| Recurring financial income | 75 | €23 | €59 | +€36 | +154.1% |
| Financial charges | 65/66B | €5,875 | €5,368 | -€507 | -8.6% |
| Recurring financial charges | 65 | €5,875 | €5,368 | -€507 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €8,357 | €14,157 | +€5,800 | +69.4% |
| Income taxes | 67/77 | €4,173 | €5,545 | +€1,372 | +32.9% |
| Profit (loss) for the period | 9904 | €4,184 | €8,612 | +€4,428 | +105.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,184 | €8,612 | +€4,428 | +105.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.