COSICT: 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.
COSICT
Largest movements
- Tangible fixed assets +€24,074
up €24,074 (+31.9%), from €75,383 to €99,457
of which Land and buildings: +€23,477
- Receivables within one year +€3,887
up €3,887 (+9.7%), from €39,984 to €43,871
of which Other amounts receivable: +€2,866
- Reserves +€29,144
up €29,144 (+12.7%), from €229,691 to €258,835
- Tax, wage and social debts +€20,480
up €20,480 (+183.9%), from €11,139 to €31,619
of which Taxes: +€20,633
- Trade debts -€17,219
down €17,219 (-40.8%), from €42,177 to €24,958
- Debts after one year -€5,857
down €5,857 (-16.5%), from €35,488 to €29,632
- Current portion of long-term debt -€4,541
down €4,541 (-43.7%), from €10,398 to €5,857
- Gross operating margin +€32,936
up €32,936 (+114.5%), from €28,771 to €61,707
- Taxes +€11,092
up €11,092 (+367.4%), from €3,019 to €14,112
- Depreciation -€3,663
down €3,663 (-25.2%), from €14,526 to €10,863
- Financial income +€1,400
up €1,400 (+30.0%), from €4,662 to €6,062
- Other operating charges +€760
up €760 (+46.7%), from €1,625 to €2,385
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 | €347,881 | €369,888 | +€22,007 | +6.3% |
| Fixed assets | 21/28 | €75,383 | €99,457 | +€24,074 | +31.9% |
| Tangible fixed assets | 22/27 | €75,383 | €99,457 | +€24,074 | +31.9% |
| Land and buildings | 22 | €72,282 | €95,759 | +€23,477 | +32.5% |
| Furniture and vehicles | 24 | €3,101 | €3,698 | +€597 | +19.3% |
| Current assets | 29/58 | €272,498 | €270,431 | -€2,067 | -0.8% |
| Stocks and contracts in progress | 3 | €81,857 | €78,584 | -€3,273 | -4.0% |
| Stocks | 30/36 | €81,857 | €78,584 | -€3,273 | -4.0% |
| Amounts receivable within one year | 40/41 | €39,984 | €43,871 | +€3,887 | +9.7% |
| Trade receivables | 40 | €845 | €1,866 | +€1,021 | +120.9% |
| Other amounts receivable | 41 | €39,139 | €42,005 | +€2,866 | +7.3% |
| Cash at bank and in hand | 54/58 | €150,657 | €147,976 | -€2,681 | -1.8% |
| Total equity and liabilities | 10/49 | €347,881 | €369,888 | +€22,007 | +6.3% |
| Equity | 10/15 | €248,291 | €277,435 | +€29,144 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,691 | €258,835 | +€29,144 | +12.7% |
| Distributable reserves | 133 | €229,691 | €258,835 | +€29,144 | +12.7% |
| Amounts payable | 17/49 | €99,590 | €92,453 | -€7,137 | -7.2% |
| Amounts payable after more than one year | 17 | €35,488 | €29,632 | -€5,857 | -16.5% |
| Financial debts | 170/4 | €35,488 | €29,632 | -€5,857 | -16.5% |
| Amounts payable within one year | 42/48 | €63,714 | €62,434 | -€1,280 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €10,398 | €5,857 | -€4,541 | -43.7% |
| Trade debts | 44 | €42,177 | €24,958 | -€17,219 | -40.8% |
| Suppliers | 440/4 | €42,177 | €24,958 | -€17,219 | -40.8% |
| Taxes, remuneration and social security | 45 | €11,139 | €31,619 | +€20,480 | +183.9% |
| Taxes | 450/3 | €10,613 | €31,247 | +€20,633 | +194.4% |
| Remuneration and social security | 454/9 | €525 | €373 | -€153 | -29.0% |
| Accrued charges and deferred income | 492/3 | €387 | €387 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €7,909 | €7,459 | -€450 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,526 | €10,863 | -€3,663 | -25.2% |
| Other operating charges | 640/8 | €1,625 | €2,385 | +€760 | +46.7% |
| Gross operating margin | 9900 | €28,771 | €61,707 | +€32,936 | +114.5% |
| Operating profit (loss) | 9901 | €4,711 | €41,001 | +€36,290 | +770.4% |
| Financial income | 75/76B | €4,662 | €6,062 | +€1,400 | +30.0% |
| Recurring financial income | 75 | €4,662 | €6,062 | +€1,400 | +30.0% |
| Financial charges | 65/66B | €3,807 | €3,808 | +€1 | 0.0% |
| Recurring financial charges | 65 | €3,807 | €3,808 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,567 | €43,255 | +€37,689 | +677.0% |
| Income taxes | 67/77 | €3,019 | €14,112 | +€11,092 | +367.4% |
| Profit (loss) for the period | 9904 | €2,548 | €29,144 | +€26,596 | +1044.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,548 | €29,144 | +€26,596 | +1044.0% |
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 8 October 2026 via checked.be.