COSIGN HOLDING: 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.
COSIGN HOLDING
Largest movements
- Financial fixed assets +€145,000
up €145,000 (+3.2%), from €4.5m to €4.6m
- Receivables within one year +€82,233
up €82,233 (+79.5%), from €103,475 to €185,708
of which Trade receivables: +€185,000
- Cash -€81,199
down €81,199 (-77.5%), from €104,832 to €23,632
mainly Investment in fixed assets (net) (-€145,000) and Receivables within one year (-€82,233)
- Reserves +€150,872
up €150,872 (+9.2%), from €1.6m to €1.8m
of which Distributable reserves: +€150,872
- Financial income -€456,950
down €456,950 (-82.5%), from €554,120 to €97,170
- Gross operating margin -€41,210
down €41,210 (-18.1%), from €227,397 to €186,187
- Taxes +€17,719
up €17,719 (+95.9%), from €18,477 to €36,197
- Financial charges -€10,007
down €10,007 (-9.5%), from €105,235 to €95,228
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 | €4,707,204 | €4,862,007 | +€154,803 | +3.3% |
| Fixed assets | 21/28 | €4,498,898 | €4,643,898 | +€145,000 | +3.2% |
| Financial fixed assets | 28 | €4,498,898 | €4,643,898 | +€145,000 | +3.2% |
| Current assets | 29/58 | €208,307 | €218,110 | +€9,803 | +4.7% |
| Amounts receivable within one year | 40/41 | €103,475 | €185,708 | +€82,233 | +79.5% |
| Trade receivables | 40 | - | €185,000 | +€185,000 | |
| Other amounts receivable | 41 | €103,475 | €708 | -€102,767 | -99.3% |
| Cash at bank and in hand | 54/58 | €104,832 | €23,632 | -€81,199 | -77.5% |
| Deferred charges and accrued income | 490/1 | - | €8,769 | +€8,769 | |
| Total equity and liabilities | 10/49 | €4,707,204 | €4,862,007 | +€154,803 | +3.3% |
| Equity | 10/15 | €1,932,390 | €2,083,262 | +€150,872 | +7.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,632,390 | €1,783,262 | +€150,872 | +9.2% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €1,602,390 | €1,753,262 | +€150,872 | +9.4% |
| Amounts payable | 17/49 | €2,774,814 | €2,778,745 | +€3,931 | +0.1% |
| Amounts payable after more than one year | 17 | €2,688,390 | €2,722,158 | +€33,768 | +1.3% |
| Financial debts | 170/4 | €2,688,390 | €2,722,158 | +€33,768 | +1.3% |
| Amounts payable within one year | 42/48 | €86,424 | €56,587 | -€29,837 | -34.5% |
| Trade debts | 44 | €9,513 | €1,695 | -€7,818 | -82.2% |
| Suppliers | 440/4 | €9,513 | €1,695 | -€7,818 | -82.2% |
| Taxes, remuneration and social security | 45 | €75,094 | €53,075 | -€22,019 | -29.3% |
| Taxes | 450/3 | €75,094 | €53,075 | -€22,019 | -29.3% |
| Other amounts payable | 47/48 | €1,818 | €1,818 | = | 0.0% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | €227,397 | €186,187 | -€41,210 | -18.1% |
| Operating profit (loss) | 9901 | €226,367 | €185,126 | -€41,241 | -18.2% |
| Financial income | 75/76B | €554,120 | €97,170 | -€456,950 | -82.5% |
| Recurring financial income | 75 | €554,120 | €97,170 | -€456,950 | -82.5% |
| Financial charges | 65/66B | €105,235 | €95,228 | -€10,007 | -9.5% |
| Recurring financial charges | 65 | €105,235 | €95,228 | -€10,007 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €675,253 | €187,069 | -€488,184 | -72.3% |
| Income taxes | 67/77 | €18,477 | €36,197 | +€17,719 | +95.9% |
| Profit (loss) for the period | 9904 | €656,775 | €150,872 | -€505,903 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €656,775 | €150,872 | -€505,903 | -77.0% |
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 14 October 2026 via checked.be.