COSBRO: 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.
COSBRO
Largest movements
- Cash -€8,039
down €8,039 (-35.0%), from €22,950 to €14,911
mainly Net result for the year (-€37,516) and Deferred charges and accrued income (-€268)
- Receivables within one year -€7,295
down €7,295 (-43.8%), from €16,659 to €9,364
of which Trade receivables: -€13,782
- Profit (loss) carried forward -€37,516
down €37,516 (-35.9%), from -€104,443 to -€141,959
- Other debts +€21,510
up €21,510 (+19.7%), from €109,024 to €130,534
- Gross operating margin +€57,693
up €57,693 (+61.5%), from -€93,845 to -€36,151
- Financial income -€5,987
down €5,987 (-99.8%), from €6,000 to €13
- Financial charges -€2,218
down €2,218 (-90.4%), from €2,453 to €236
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 | €43,290 | €27,798 | -€15,492 | -35.8% |
| Fixed assets | 21/28 | €1,159 | €733 | -€425 | -36.7% |
| Tangible fixed assets | 22/27 | €1,159 | €733 | -€425 | -36.7% |
| Land and buildings | 22 | €279 | €177 | -€101 | -36.4% |
| Furniture and vehicles | 24 | €880 | €556 | -€324 | -36.8% |
| Current assets | 29/58 | €42,131 | €27,065 | -€15,067 | -35.8% |
| Amounts receivable within one year | 40/41 | €16,659 | €9,364 | -€7,295 | -43.8% |
| Trade receivables | 40 | €14,364 | €582 | -€13,782 | -95.9% |
| Other amounts receivable | 41 | €2,296 | €8,782 | +€6,486 | +282.6% |
| Cash at bank and in hand | 54/58 | €22,950 | €14,911 | -€8,039 | -35.0% |
| Deferred charges and accrued income | 490/1 | €2,522 | €2,790 | +€268 | +10.6% |
| Total equity and liabilities | 10/49 | €43,290 | €27,798 | -€15,492 | -35.8% |
| Equity | 10/15 | -€72,092 | -€109,608 | -€37,516 | -52.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,152 | €26,152 | = | 0.0% |
| Distributable reserves | 133 | €26,152 | €26,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,443 | -€141,959 | -€37,516 | -35.9% |
| Amounts payable | 17/49 | €115,381 | €137,406 | +€22,024 | +19.1% |
| Amounts payable within one year | 42/48 | €115,381 | €137,406 | +€22,024 | +19.1% |
| Trade debts | 44 | €5,038 | €5,323 | +€285 | +5.7% |
| Suppliers | 440/4 | €5,038 | €5,323 | +€285 | +5.7% |
| Taxes, remuneration and social security | 45 | €1,319 | €1,548 | +€229 | +17.4% |
| Taxes | 450/3 | €1,319 | €1,548 | +€229 | +17.4% |
| Other amounts payable | 47/48 | €109,024 | €130,534 | +€21,510 | +19.7% |
| Non-recurring operating income | 76A | €3,062 | - | -€3,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €402 | €425 | +€23 | +5.8% |
| Other operating charges | 640/8 | €600 | €556 | -€44 | -7.4% |
| Gross operating margin | 9900 | -€93,845 | -€36,151 | +€57,693 | +61.5% |
| Operating profit (loss) | 9901 | -€94,847 | -€37,132 | +€57,715 | +60.9% |
| Financial income | 75/76B | €6,000 | €13 | -€5,987 | -99.8% |
| Recurring financial income | 75 | €6,000 | €13 | -€5,987 | -99.8% |
| Financial charges | 65/66B | €2,453 | €236 | -€2,218 | -90.4% |
| Recurring financial charges | 65 | €2,453 | €236 | -€2,218 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | -€91,300 | -€37,355 | +€53,945 | +59.1% |
| Income taxes | 67/77 | €187 | €161 | -€25 | -13.6% |
| Profit (loss) for the period | 9904 | -€91,487 | -€37,516 | +€53,971 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,487 | -€37,516 | +€53,971 | +59.0% |
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 5 October 2026 via checked.be.