Coserti: 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.
Coserti
Largest movements
- Current investments -€150,000
down €150,000 (-78.9%), from €190,000 to €40,000
- Cash +€80,881
up €80,881 (+127%), from €63,835 to €144,716
mainly Current investments (+€150,000) and Depreciation (+€71,360)
- Tangible fixed assets -€71,360
down €71,360 (-5.4%), from €1.3m to €1.3m
of which Furniture and vehicles: -€37,648
- Receivables within one year -€24,846
down €24,846 (-34.1%), from €72,765 to €47,919
of which Trade receivables: -€27,346
- Debts after one year -€200,000
no longer reported in 2025 (was €200,000)
- Profit (loss) carried forward +€27,255
up €27,255 (+2.0%), from €1.4m to €1.4m
- Gross operating margin -€15,044
down €15,044 (-11.7%), from €129,063 to €114,019
- Depreciation +€8,730
up €8,730 (+13.9%), from €62,630 to €71,360
- Taxes -€1,838
down €1,838 (-14.3%), from €12,823 to €10,985
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 | €1,663,686 | €1,498,339 | -€165,347 | -9.9% |
| Fixed assets | 21/28 | €1,333,610 | €1,262,250 | -€71,360 | -5.4% |
| Tangible fixed assets | 22/27 | €1,333,550 | €1,262,190 | -€71,360 | -5.4% |
| Land and buildings | 22 | €1,246,136 | €1,213,687 | -€32,448 | -2.6% |
| Plant, machinery and equipment | 23 | €8,840 | €7,577 | -€1,263 | -14.3% |
| Furniture and vehicles | 24 | €78,574 | €40,926 | -€37,648 | -47.9% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €330,076 | €236,089 | -€93,987 | -28.5% |
| Amounts receivable within one year | 40/41 | €72,765 | €47,919 | -€24,846 | -34.1% |
| Trade receivables | 40 | €68,970 | €41,624 | -€27,346 | -39.6% |
| Other amounts receivable | 41 | €3,795 | €6,295 | +€2,500 | +65.9% |
| Current investments | 50/53 | €190,000 | €40,000 | -€150,000 | -78.9% |
| Cash at bank and in hand | 54/58 | €63,835 | €144,716 | +€80,881 | +127% |
| Deferred charges and accrued income | 490/1 | €3,476 | €3,454 | -€22 | -0.6% |
| Total equity and liabilities | 10/49 | €1,663,686 | €1,498,339 | -€165,347 | -9.9% |
| Equity | 10/15 | €1,446,992 | €1,474,247 | +€27,255 | +1.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €26,005 | €26,005 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €19,805 | €19,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,358,987 | €1,386,242 | +€27,255 | +2.0% |
| Amounts payable | 17/49 | €216,694 | €24,092 | -€192,602 | -88.9% |
| Amounts payable after more than one year | 17 | €200,000 | - | -€200,000 | |
| Other amounts payable | 178/9 | €200,000 | - | -€200,000 | |
| Amounts payable within one year | 42/48 | €13,044 | €18,386 | +€5,342 | +41.0% |
| Trade debts | 44 | €779 | €4,419 | +€3,640 | +467% |
| Suppliers | 440/4 | €779 | €4,419 | +€3,640 | +467% |
| Taxes, remuneration and social security | 45 | €12,265 | €12,617 | +€352 | +2.9% |
| Taxes | 450/3 | €12,265 | €11,492 | -€773 | -6.3% |
| Remuneration and social security | 454/9 | - | €1,125 | +€1,125 | |
| Other amounts payable | 47/48 | - | €1,350 | +€1,350 | |
| Accrued charges and deferred income | 492/3 | €3,650 | €5,706 | +€2,056 | +56.3% |
| Non-recurring operating income | 76A | €12,604 | - | -€12,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,630 | €71,360 | +€8,730 | +13.9% |
| Other operating charges | 640/8 | €4,651 | €5,029 | +€378 | +8.1% |
| Gross operating margin | 9900 | €129,063 | €114,019 | -€15,044 | -11.7% |
| Operating profit (loss) | 9901 | €61,782 | €37,630 | -€24,151 | -39.1% |
| Financial income | 75/76B | €387 | €1,258 | +€871 | +225% |
| Recurring financial income | 75 | €387 | €1,258 | +€871 | +225% |
| Financial charges | 65/66B | €733 | €649 | -€83 | -11.4% |
| Recurring financial charges | 65 | €733 | €649 | -€83 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €61,437 | €38,240 | -€23,197 | -37.8% |
| Income taxes | 67/77 | €12,823 | €10,985 | -€1,838 | -14.3% |
| Profit (loss) for the period | 9904 | €48,614 | €27,255 | -€21,359 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,614 | €27,255 | -€21,359 | -43.9% |
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 15 October 2026 via checked.be.