COSCASA: 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.
COSCASA
Largest movements
- Receivables within one year -€12,426
down €12,426 (-79.9%), from €15,552 to €3,126
of which Trade receivables: -€11,978
- Tangible fixed assets +€3,305
up €3,305 (+24.9%), from €13,297 to €16,602
of which Plant, machinery and equipment: +€4,685
- Cash +€1,714
up €1,714 (+13.1%), from €13,094 to €14,808
mainly Receivables within one year (+€12,426) and Depreciation (+€3,160)
- Deferred charges and accrued income -€555
down €555 (-27.9%), from €1,993 to €1,437
- Debts after one year -€8,693
down €8,693 (-62.9%), from €13,824 to €5,131
- Tax, wage and social debts +€627
up €627 (+12.2%), from €5,131 to €5,757
- Trade debts -€597
down €597 (-54.9%), from €1,088 to €491
- Profit (loss) carried forward +€543
up €543 (+18.8%), from €2,889 to €3,432
- Gross operating margin -€6,435
down €6,435 (-39.4%), from €16,351 to €9,916
- Financial charges +€808
up €808 (+86.8%), from €931 to €1,740
- Other operating charges +€691
up €691 (+96.0%), from €720 to €1,412
- Taxes -€398
down €398 (-12.5%), from €3,172 to €2,774
- Depreciation +€218
up €218 (+7.4%), from €2,942 to €3,160
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 | €43,935 | €35,973 | -€7,962 | -18.1% |
| Fixed assets | 21/28 | €13,297 | €16,602 | +€3,305 | +24.9% |
| Tangible fixed assets | 22/27 | €13,297 | €16,602 | +€3,305 | +24.9% |
| Plant, machinery and equipment | 23 | €10,833 | €15,518 | +€4,685 | +43.2% |
| Furniture and vehicles | 24 | €2,464 | €1,084 | -€1,380 | -56.0% |
| Current assets | 29/58 | €30,638 | €19,371 | -€11,267 | -36.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,552 | €3,126 | -€12,426 | -79.9% |
| Trade receivables | 40 | €15,098 | €3,120 | -€11,978 | -79.3% |
| Other amounts receivable | 41 | €454 | €6 | -€448 | -98.8% |
| Cash at bank and in hand | 54/58 | €13,094 | €14,808 | +€1,714 | +13.1% |
| Deferred charges and accrued income | 490/1 | €1,993 | €1,437 | -€555 | -27.9% |
| Total equity and liabilities | 10/49 | €43,935 | €35,973 | -€7,962 | -18.1% |
| Equity | 10/15 | €15,289 | €15,832 | +€543 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,889 | €3,432 | +€543 | +18.8% |
| Amounts payable | 17/49 | €28,646 | €20,141 | -€8,505 | -29.7% |
| Amounts payable after more than one year | 17 | €13,824 | €5,131 | -€8,693 | -62.9% |
| Financial debts | 170/4 | €13,824 | €5,131 | -€8,693 | -62.9% |
| Amounts payable within one year | 42/48 | €14,822 | €15,010 | +€188 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €8,563 | €8,693 | +€129 | +1.5% |
| Trade debts | 44 | €1,088 | €491 | -€597 | -54.9% |
| Suppliers | 440/4 | €1,088 | €491 | -€597 | -54.9% |
| Taxes, remuneration and social security | 45 | €5,131 | €5,757 | +€627 | +12.2% |
| Taxes | 450/3 | €5,131 | €5,757 | +€627 | +12.2% |
| Other amounts payable | 47/48 | €40 | €68 | +€28 | +71.1% |
| Non-recurring operating income | 76A | €8,998 | €0 | -€8,998 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,942 | €3,160 | +€218 | +7.4% |
| Other operating charges | 640/8 | €720 | €1,412 | +€691 | +96.0% |
| Non-recurring operating charges | 66A | €0 | €286 | +€286 | |
| Gross operating margin | 9900 | €16,351 | €9,916 | -€6,435 | -39.4% |
| Operating profit (loss) | 9901 | €12,689 | €5,057 | -€7,632 | -60.1% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.7% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.7% |
| Financial charges | 65/66B | €931 | €1,740 | +€808 | +86.8% |
| Recurring financial charges | 65 | €931 | €1,740 | +€808 | +86.8% |
| Profit (loss) for the period before taxes | 9903 | €11,768 | €3,318 | -€8,451 | -71.8% |
| Income taxes | 67/77 | €3,172 | €2,774 | -€398 | -12.5% |
| Profit (loss) for the period | 9904 | €8,596 | €543 | -€8,053 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,596 | €543 | -€8,053 | -93.7% |
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 11 October 2026 via checked.be.