COSIDDETTO: 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.
COSIDDETTO
Largest movements
- Current investments -€68,906
down €68,906 (-29.5%), from €233,348 to €164,442
- Cash -€15,214
down €15,214 (-13.3%), from €113,977 to €98,764
mainly Contributions, distributions and other (-€139,400) and Tax, wage and social debts (-€6,985)
- Tangible fixed assets -€5,347
down €5,347 (-20.9%), from €25,620 to €20,273
of which Furniture and vehicles: -€6,803
- Reserves -€103,201
down €103,201 (-40.3%), from €255,933 to €152,733
of which Distributable reserves: -€103,201
- Other debts +€12,619
up €12,619 (+31.7%), from €39,836 to €52,455
- Tax, wage and social debts -€6,985
down €6,985 (-16.3%), from €42,790 to €35,805
of which Remuneration and social security: -€12,699
- Accrued charges and deferred income +€5,691
up €5,691 (+180.3%), from €3,157 to €8,848
- Gross operating margin +€27,236
up €27,236 (+68.8%), from €39,600 to €66,836
- Taxes +€7,754
up €7,754 (+74.6%), from €10,401 to €18,155
- Financial income +€3,320
up €3,320 (+393.2%), from €844 to €4,164
- Depreciation +€3,240
up €3,240 (+37.6%), from €8,619 to €11,859
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 | €399,707 | €305,758 | -€93,949 | -23.5% |
| Fixed assets | 21/28 | €33,791 | €25,526 | -€8,265 | -24.5% |
| Intangible fixed assets | 21 | €8,171 | €5,253 | -€2,918 | -35.7% |
| Tangible fixed assets | 22/27 | €25,620 | €20,273 | -€5,347 | -20.9% |
| Land and buildings | 22 | €1,213 | €2,669 | +€1,456 | +120.1% |
| Furniture and vehicles | 24 | €24,407 | €17,604 | -€6,803 | -27.9% |
| Current assets | 29/58 | €365,916 | €280,232 | -€85,684 | -23.4% |
| Stocks and contracts in progress | 3 | €354 | €167 | -€186 | -52.7% |
| Stocks | 30/36 | €354 | €167 | -€186 | -52.7% |
| Amounts receivable within one year | 40/41 | €17,200 | €16,230 | -€970 | -5.6% |
| Trade receivables | 40 | €16,120 | €16,120 | = | 0.0% |
| Other amounts receivable | 41 | €1,080 | €110 | -€970 | -89.9% |
| Current investments | 50/53 | €233,348 | €164,442 | -€68,906 | -29.5% |
| Cash at bank and in hand | 54/58 | €113,977 | €98,764 | -€15,214 | -13.3% |
| Deferred charges and accrued income | 490/1 | €1,036 | €629 | -€408 | -39.4% |
| Total equity and liabilities | 10/49 | €399,707 | €305,758 | -€93,949 | -23.5% |
| Equity | 10/15 | €310,733 | €207,533 | -€103,201 | -33.2% |
| Contributions | 10/11 | €54,800 | €54,800 | = | 0.0% |
| Reserves | 13 | €255,933 | €152,733 | -€103,201 | -40.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €255,933 | €152,733 | -€103,201 | -40.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €88,973 | €98,225 | +€9,252 | +10.4% |
| Amounts payable within one year | 42/48 | €85,817 | €89,377 | +€3,560 | +4.1% |
| Financial debts | 43 | €1,989 | €0 | -€1,989 | -100.0% |
| Credit institutions | 430/8 | €1,989 | €0 | -€1,989 | -100.0% |
| Trade debts | 44 | €1,201 | €1,116 | -€85 | -7.1% |
| Suppliers | 440/4 | €1,201 | €1,116 | -€85 | -7.1% |
| Taxes, remuneration and social security | 45 | €42,790 | €35,805 | -€6,985 | -16.3% |
| Taxes | 450/3 | €8,926 | €14,640 | +€5,714 | +64.0% |
| Remuneration and social security | 454/9 | €33,864 | €21,165 | -€12,699 | -37.5% |
| Other amounts payable | 47/48 | €39,836 | €52,455 | +€12,619 | +31.7% |
| Accrued charges and deferred income | 492/3 | €3,157 | €8,848 | +€5,691 | +180.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,619 | €11,859 | +€3,240 | +37.6% |
| Other operating charges | 640/8 | €1,261 | €1,455 | +€195 | +15.4% |
| Gross operating margin | 9900 | €39,600 | €66,836 | +€27,236 | +68.8% |
| Operating profit (loss) | 9901 | €29,721 | €53,522 | +€23,801 | +80.1% |
| Financial income | 75/76B | €844 | €4,164 | +€3,320 | +393.2% |
| Recurring financial income | 75 | €844 | €4,164 | +€3,320 | +393.2% |
| Financial charges | 65/66B | €2,921 | €3,331 | +€410 | +14.0% |
| Recurring financial charges | 65 | €2,921 | €3,331 | +€410 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €27,643 | €54,354 | +€26,711 | +96.6% |
| Income taxes | 67/77 | €10,401 | €18,155 | +€7,754 | +74.6% |
| Profit (loss) for the period | 9904 | €17,242 | €36,199 | +€18,957 | +109.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,242 | €36,199 | +€18,957 | +109.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.