COSELIMMO: 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.
What changed
COSELIMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€923,624
2024 · €1.2m-€318,129
Equity
€3.9m
2024 · €3.8m+€21,841
Cash
€55,332
2024 · €55,332
Balance sheet total
€16.9m
2024 · €16.3m+€611,740
Largest movements
Assets
- Receivables within one year +€799,380
up €799,380 (+42.3%), from €1.9m to €2.7m
of which Other amounts receivable: +€877,296
- Tangible fixed assets -€187,341
down €187,341 (-2.7%), from €6.8m to €6.6m
of which Land and buildings: -€179,740
Equity and liabilities
- Other debts +€1.4m
up €1.4m (+17.4%), from €8.1m to €9.5m
- Debts after one year -€859,231
down €859,231 (-25.9%), from €3.3m to €2.5m
of which Financial debts: -€859,231
Income statement
- Other operating income -€643,295
down €643,295 (-95.5%), from €673,377 to €30,082
- Turnover +€131,334
up €131,334 (+10.8%), from €1.2m to €1.4m
- Financial charges -€118,637
down €118,637 (-42.3%), from €280,677 to €162,040
- Financial income +€96,902
up €96,902 (+15.2%), from €638,933 to €735,834
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.
Result 2024
€1.2m
Turnover
+€131,334
Other operating income
-€643,295
Services and other goods
-€8,830
Depreciation
+€4,272
Write-downs
-€2,083
Other operating charges
-€1,725
Financial income
+€96,902
Financial charges
+€118,637
Taxes
-€13,265
Deferred taxes and other
-€76
Result 2025
€923,624
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.9m
Investment
-€129,042
Financing
-€1.8m
Cash 2024
€55,332
From operations (derived)
+€1.9m
Net result for the year
+€923,624
Depreciation
+€316,384
Receivables within one year
-€799,380
Smaller working-capital items
+€286
Trade debts
-€36,337
Tax, wage and social debts
+€78,074
Other debts
+€1.4m
Accrued charges and deferred income
-€4,864
Investment (derived)
-€129,042
Investment in fixed assets (net)
-€129,042
Financing
-€1.8m
Debts after one year
-€859,231
Short-term financial debts
+€287
Contributions, distributions and other
-€901,782
Cash 2025
€55,332
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,317,562 | €16,929,302 | +€611,740 | +3.7% |
| Fixed assets | 21/28 | €14,357,765 | €14,170,423 | -€187,341 | -1.3% |
| Tangible fixed assets | 22/27 | €6,833,317 | €6,645,975 | -€187,341 | -2.7% |
| Land and buildings | 22 | €6,771,272 | €6,591,533 | -€179,740 | -2.7% |
| Plant, machinery and equipment | 23 | €54,905 | €46,342 | -€8,564 | -15.6% |
| Other tangible fixed assets | 26 | €7,139 | €8,101 | +€962 | +13.5% |
| Financial fixed assets | 28 | €7,524,448 | €7,524,448 | = | 0.0% |
| Affiliated companies | 280/1 | €7,524,448 | €7,524,448 | = | 0.0% |
| Participating interests | 280 | €7,524,448 | €7,524,448 | = | 0.0% |
| Current assets | 29/58 | €1,959,797 | €2,758,878 | +€799,081 | +40.8% |
| Amounts receivable within one year | 40/41 | €1,888,483 | €2,687,863 | +€799,380 | +42.3% |
| Trade receivables | 40 | €288,133 | €210,217 | -€77,916 | -27.0% |
| Other amounts receivable | 41 | €1,600,350 | €2,477,646 | +€877,296 | +54.8% |
| Cash at bank and in hand | 54/58 | €55,332 | €55,332 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €15,982 | €15,683 | -€299 | -1.9% |
| Total equity and liabilities | 10/49 | €16,317,562 | €16,929,302 | +€611,740 | +3.7% |
| Equity | 10/15 | €3,838,913 | €3,860,754 | +€21,841 | +0.6% |
| Contributions | 10/11 | €2,723,870 | €2,723,870 | = | 0.0% |
| Reserves | 13 | €1,095,580 | €1,119,204 | +€23,624 | +2.2% |
| Tax-exempt reserves | 132 | €183,119 | €183,119 | = | 0.0% |
| Distributable reserves | 133 | €912,461 | €936,085 | +€23,624 | +2.6% |
| Investment grants | 15 | €19,462 | €17,680 | -€1,782 | -9.2% |
| Provisions and deferred taxes | 16 | €12 | - | -€12 | |
| Deferred taxes | 168 | €12 | - | -€12 | |
| Amounts payable | 17/49 | €12,478,637 | €13,068,548 | +€589,911 | +4.7% |
| Amounts payable after more than one year | 17 | €3,321,569 | €2,462,338 | -€859,231 | -25.9% |
| Financial debts | 170/4 | €3,268,596 | €2,409,365 | -€859,231 | -26.3% |
| Credit institutions | 173 | €3,268,596 | €2,409,365 | -€859,231 | -26.3% |
| Other amounts payable | 178/9 | €52,973 | €52,973 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,084,653 | €10,538,659 | +€1.5m | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €859,231 | €859,231 | = | 0.0% |
| Financial debts | 43 | - | €287 | +€287 | |
| Credit institutions | 430/8 | - | €287 | +€287 | |
| Trade debts | 44 | €57,202 | €20,864 | -€36,337 | -63.5% |
| Suppliers | 440/4 | €57,202 | €20,864 | -€36,337 | -63.5% |
| Taxes, remuneration and social security | 45 | €72,489 | €150,564 | +€78,074 | +108% |
| Taxes | 450/3 | €72,489 | €150,564 | +€78,074 | +108% |
| Other amounts payable | 47/48 | €8,095,732 | €9,507,713 | +€1.4m | +17.4% |
| Accrued charges and deferred income | 492/3 | €72,414 | €67,551 | -€4,864 | -6.7% |
| Operating income | 70/76A | €1,894,755 | €1,382,795 | -€511,960 | -27.0% |
| Turnover | 70 | €1,220,417 | €1,351,751 | +€131,334 | +10.8% |
| Other operating income | 74 | €673,377 | €30,082 | -€643,295 | -95.5% |
| Non-recurring operating income | 76A | €962 | €962 | = | 0.0% |
| Operating charges | 60/66A | €944,347 | €952,713 | +€8,366 | +0.9% |
| Services and other goods | 61 | €485,048 | €493,878 | +€8,830 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320,655 | €316,384 | -€4,272 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,083 | - | +€2,083 | |
| Other operating charges | 640/8 | €140,727 | €142,451 | +€1,725 | +1.2% |
| Operating profit (loss) | 9901 | €950,408 | €430,082 | -€520,326 | -54.7% |
| Financial income | 75/76B | €638,933 | €735,834 | +€96,902 | +15.2% |
| Recurring financial income | 75 | €638,933 | €735,834 | +€96,902 | +15.2% |
| Income from financial fixed assets | 750 | €599,964 | €699,988 | +€100,024 | +16.7% |
| Income from current assets | 751 | €37,029 | €34,019 | -€3,011 | -8.1% |
| Other financial income | 752/9 | €1,939 | €1,827 | -€112 | -5.8% |
| Financial charges | 65/66B | €280,677 | €162,040 | -€118,637 | -42.3% |
| Recurring financial charges | 65 | €280,677 | €162,040 | -€118,637 | -42.3% |
| Debt charges | 650 | €279,328 | €160,631 | -€118,697 | -42.5% |
| Other financial charges | 652/9 | €1,349 | €1,409 | +€61 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €1,308,664 | €1,003,876 | -€304,788 | -23.3% |
| Transfer from deferred taxes | 780 | €89 | €12 | -€76 | -86.2% |
| Income taxes | 67/77 | €67,000 | €80,265 | +€13,265 | +19.8% |
| Taxes | 670/3 | €67,000 | €80,265 | +€13,265 | +19.8% |
| Profit (loss) for the period | 9904 | €1,241,753 | €923,624 | -€318,129 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,241,753 | €923,624 | -€318,129 | -25.6% |
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 17 October 2026 via checked.be.