Cosèle: 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.
Cosèle
Largest movements
- Cash +€42,651
up €42,651 (+471%), from €9,048 to €51,699
mainly Net result for the year (+€44,246) and Depreciation (+€7,712)
- Tangible fixed assets -€7,712
down €7,712 (-19.9%), from €38,686 to €30,974
of which Land and buildings: -€5,267
- Receivables within one year +€3,348
up €3,348 (+21.8%), from €15,365 to €18,713
of which Trade receivables: +€6,520
- Reserves +€39,359
up €39,359 (+197%), from €19,930 to €59,289
- Trade debts -€7,701
down €7,701 (-91.6%), from €8,403 to €702
- Profit (loss) carried forward +€4,887
no longer reported in 2025 (was -€4,887)
- Tax, wage and social debts +€3,804
up €3,804 (+34.4%), from €11,043 to €14,847
of which Taxes: +€6,611
- Debts after one year -€2,549
down €2,549 (-8.9%), from €28,702 to €26,153
- Gross operating margin +€65,941
up €65,941 (+1,099%), from €6,001 to €71,942
- Taxes +€17,283
up €17,283 (+946%), from €1,827 to €19,110
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
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 | €79,099 | €117,386 | +€38,287 | +48.4% |
| Fixed assets | 21/28 | €54,686 | €46,974 | -€7,712 | -14.1% |
| Tangible fixed assets | 22/27 | €38,686 | €30,974 | -€7,712 | -19.9% |
| Land and buildings | 22 | €33,200 | €27,933 | -€5,267 | -15.9% |
| Furniture and vehicles | 24 | €5,486 | €3,041 | -€2,445 | -44.6% |
| Financial fixed assets | 28 | €16,000 | €16,000 | = | 0.0% |
| Current assets | 29/58 | €24,413 | €70,412 | +€45,999 | +188% |
| Amounts receivable within one year | 40/41 | €15,365 | €18,713 | +€3,348 | +21.8% |
| Trade receivables | 40 | €12,100 | €18,620 | +€6,520 | +53.9% |
| Other amounts receivable | 41 | €3,265 | €93 | -€3,172 | -97.2% |
| Cash at bank and in hand | 54/58 | €9,048 | €51,699 | +€42,651 | +471% |
| Total equity and liabilities | 10/49 | €79,099 | €117,386 | +€38,287 | +48.4% |
| Equity | 10/15 | €27,443 | €71,689 | +€44,246 | +161% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,930 | €59,289 | +€39,359 | +197% |
| Distributable reserves | 133 | €19,930 | €59,289 | +€39,359 | +197% |
| Profit (loss) carried forward | 14 | -€4,887 | - | +€4,887 | |
| Amounts payable | 17/49 | €51,656 | €45,697 | -€5,959 | -11.5% |
| Amounts payable after more than one year | 17 | €28,702 | €26,153 | -€2,549 | -8.9% |
| Financial debts | 170/4 | €28,702 | €26,153 | -€2,549 | -8.9% |
| Amounts payable within one year | 42/48 | €22,954 | €19,544 | -€3,410 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €3,273 | €2,549 | -€724 | -22.1% |
| Trade debts | 44 | €8,403 | €702 | -€7,701 | -91.6% |
| Suppliers | 440/4 | €8,403 | €702 | -€7,701 | -91.6% |
| Taxes, remuneration and social security | 45 | €11,043 | €14,847 | +€3,804 | +34.4% |
| Taxes | 450/3 | €5,430 | €12,041 | +€6,611 | +122% |
| Remuneration and social security | 454/9 | €5,613 | €2,806 | -€2,807 | -50.0% |
| Other amounts payable | 47/48 | €235 | €1,446 | +€1,211 | +515% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,841 | €7,712 | -€129 | -1.6% |
| Other operating charges | 640/8 | €141 | €144 | +€3 | +2.1% |
| Gross operating margin | 9900 | €6,001 | €71,942 | +€65,941 | +1,099% |
| Operating profit (loss) | 9901 | -€1,981 | €64,086 | +€66,067 | |
| Financial charges | 65/66B | €829 | €730 | -€99 | -11.9% |
| Recurring financial charges | 65 | €829 | €730 | -€99 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,810 | €63,356 | +€66,166 | |
| Income taxes | 67/77 | €1,827 | €19,110 | +€17,283 | +946% |
| Profit (loss) for the period | 9904 | -€4,637 | €44,246 | +€48,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,637 | €44,246 | +€48,883 |
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 25 October 2026 via checked.be.