COSI: 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.
COSI
Largest movements
- Cash -€6,517
down €6,517 (-98.1%), from €6,646 to €129
mainly Net result for the year (-€10,855) and Debts after one year (-€7,852)
- Tangible fixed assets -€6,098
down €6,098 (-4.4%), from €138,749 to €132,652
of which Land and buildings: -€3,519
- Receivables within one year -€3,942
down €3,942 (-69.1%), from €5,704 to €1,762
of which Trade receivables: -€2,106
- Profit (loss) carried forward -€10,855
down €10,855 (-34.4%), from -€31,572 to -€42,427
- Debts after one year -€7,852
down €7,852 (-20.4%), from €38,534 to €30,681
- Other debts +€4,177
up €4,177 (+30.5%), from €13,700 to €17,877
- Purchases and services -€232,135
no longer reported in 2025 (was €232,135)
- Turnover -€222,633
no longer reported in 2025 (was €222,633)
- Financial income -€4,721
down €4,721 (-42.8%), from €11,028 to €6,307
- Depreciation +€2,744
up €2,744 (+1278.3%), from €215 to €2,958
- Gross operating margin +€2,659
up €2,659 (+28.6%), from -€9,288 to -€6,629
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 | €162,670 | €144,755 | -€17,915 | -11.0% |
| Fixed assets | 21/28 | €139,591 | €133,493 | -€6,098 | -4.4% |
| Tangible fixed assets | 22/27 | €138,749 | €132,652 | -€6,098 | -4.4% |
| Land and buildings | 22 | €130,280 | €126,761 | -€3,519 | -2.7% |
| Plant, machinery and equipment | 23 | €8,469 | €5,890 | -€2,579 | -30.4% |
| Financial fixed assets | 28 | €842 | €842 | = | 0.0% |
| Current assets | 29/58 | €23,079 | €11,262 | -€11,817 | -51.2% |
| Stocks and contracts in progress | 3 | €9,931 | €9,370 | -€561 | -5.6% |
| Stocks | 30/36 | €9,931 | €9,370 | -€561 | -5.6% |
| Amounts receivable within one year | 40/41 | €5,704 | €1,762 | -€3,942 | -69.1% |
| Trade receivables | 40 | €2,106 | - | -€2,106 | |
| Other amounts receivable | 41 | €3,598 | €1,762 | -€1,836 | -51.0% |
| Cash at bank and in hand | 54/58 | €6,646 | €129 | -€6,517 | -98.1% |
| Deferred charges and accrued income | 490/1 | €797 | - | -€797 | |
| Total equity and liabilities | 10/49 | €162,670 | €144,755 | -€17,915 | -11.0% |
| Equity | 10/15 | €88,019 | €77,164 | -€10,855 | -12.3% |
| Contributions | 10/11 | €18,589 | €18,589 | = | 0.0% |
| Reserves | 13 | €101,003 | €101,003 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €99,143 | €99,143 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,572 | -€42,427 | -€10,855 | -34.4% |
| Amounts payable | 17/49 | €74,651 | €67,591 | -€7,060 | -9.5% |
| Amounts payable after more than one year | 17 | €38,534 | €30,681 | -€7,852 | -20.4% |
| Financial debts | 170/4 | €38,534 | €30,681 | -€7,852 | -20.4% |
| Amounts payable within one year | 42/48 | €36,117 | €36,910 | +€792 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €7,564 | €7,852 | +€289 | +3.8% |
| Financial debts | 43 | €4,943 | €3,962 | -€981 | -19.8% |
| Credit institutions | 430/8 | €4,943 | €3,962 | -€981 | -19.8% |
| Trade debts | 44 | €8,437 | €7,219 | -€1,218 | -14.4% |
| Suppliers | 440/4 | €8,437 | €7,219 | -€1,218 | -14.4% |
| Taxes, remuneration and social security | 45 | €1,474 | - | -€1,474 | |
| Taxes | 450/3 | €1,474 | - | -€1,474 | |
| Other amounts payable | 47/48 | €13,700 | €17,877 | +€4,177 | +30.5% |
| Turnover | 70 | €222,633 | - | -€222,633 | |
| Goods, raw materials, services and sundry goods | 60/61 | €232,135 | - | -€232,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €2,958 | +€2,744 | +1278.3% |
| Other operating charges | 640/8 | - | €168 | +€168 | |
| Non-recurring operating charges | 66A | - | €3,691 | +€3,691 | |
| Gross operating margin | 9900 | -€9,288 | -€6,629 | +€2,659 | +28.6% |
| Operating profit (loss) | 9901 | -€9,503 | -€13,446 | -€3,944 | -41.5% |
| Financial income | 75/76B | €11,028 | €6,307 | -€4,721 | -42.8% |
| Recurring financial income | 75 | €11,028 | €6,307 | -€4,721 | -42.8% |
| Financial charges | 65/66B | €4,066 | €3,716 | -€349 | -8.6% |
| Recurring financial charges | 65 | €4,066 | €3,716 | -€349 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,540 | -€10,855 | -€8,315 | -327.3% |
| Income taxes | 67/77 | €889 | - | -€889 | |
| Profit (loss) for the period | 9904 | -€3,429 | -€10,855 | -€7,426 | -216.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,429 | -€10,855 | -€7,426 | -216.6% |
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 2 October 2026 via checked.be.