COSIJNS TECH: what changed
COSIJNS TECH
Largest movements
- Receivables within one year +€126,429
up €126,429 (+40.4%), from €313,230 to €439,659
of which Trade receivables: +€133,379
- Cash +€86,813
up €86,813 (+41.5%), from €209,162 to €295,975
mainly Accrued charges and deferred income (+€69,161) and Net result for the year (+€68,700)
- Stocks and contracts -€48,058
down €48,058 (-59.7%), from €80,438 to €32,380
- Tangible fixed assets -€19,755
down €19,755 (-24.7%), from €80,100 to €60,345
of which Furniture and vehicles: -€18,403
- Accrued charges and deferred income +€69,161
up €69,161 (+1,976%), from €3,500 to €72,661
- Profit (loss) carried forward +€68,700
up €68,700 (+46.5%), from €147,832 to €216,532
- Trade debts +€18,810
up €18,810 (+36.1%), from €52,169 to €70,978
- Tax, wage and social debts -€8,899
down €8,899 (-35.1%), from €25,345 to €16,446
of which Remuneration and social security: -€6,931
- Gross operating margin -€132,571
down €132,571 (-34.6%), from €382,913 to €250,342
- Staff costs -€91,592
down €91,592 (-51.1%), from €179,247 to €87,655
- Taxes -€10,413
down €10,413 (-35.3%), from €29,539 to €19,126
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €730,452 | €870,218 | +€139,766 | +19.1% |
| Fixed assets | 21/28 | €126,736 | €100,981 | -€25,755 | -20.3% |
| Intangible fixed assets | 21 | €46,636 | €40,636 | -€6,000 | -12.9% |
| Tangible fixed assets | 22/27 | €80,100 | €60,345 | -€19,755 | -24.7% |
| Plant, machinery and equipment | 23 | €5,504 | €4,152 | -€1,352 | -24.6% |
| Furniture and vehicles | 24 | €74,597 | €56,193 | -€18,403 | -24.7% |
| Current assets | 29/58 | €603,716 | €769,237 | +€165,521 | +27.4% |
| Stocks and contracts in progress | 3 | €80,438 | €32,380 | -€48,058 | -59.7% |
| Stocks | 30/36 | €80,438 | €32,380 | -€48,058 | -59.7% |
| Amounts receivable within one year | 40/41 | €313,230 | €439,659 | +€126,429 | +40.4% |
| Trade receivables | 40 | €163,747 | €297,126 | +€133,379 | +81.5% |
| Other amounts receivable | 41 | €149,483 | €142,533 | -€6,950 | -4.6% |
| Cash at bank and in hand | 54/58 | €209,162 | €295,975 | +€86,813 | +41.5% |
| Deferred charges and accrued income | 490/1 | €887 | €1,223 | +€336 | +37.9% |
| Total equity and liabilities | 10/49 | €730,452 | €870,218 | +€139,766 | +19.1% |
| Equity | 10/15 | €437,296 | €505,996 | +€68,700 | +15.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €277,064 | €277,064 | = | 0.0% |
| Distributable reserves | 133 | €277,064 | €277,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,832 | €216,532 | +€68,700 | +46.5% |
| Amounts payable | 17/49 | €293,156 | €364,222 | +€71,066 | +24.2% |
| Amounts payable after more than one year | 17 | €165,563 | €171,378 | +€5,815 | +3.5% |
| Financial debts | 170/4 | €165,563 | €171,378 | +€5,815 | +3.5% |
| Amounts payable within one year | 42/48 | €124,093 | €120,183 | -€3,910 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €36,483 | €32,550 | -€3,932 | -10.8% |
| Trade debts | 44 | €52,169 | €70,978 | +€18,810 | +36.1% |
| Suppliers | 440/4 | €52,169 | €70,978 | +€18,810 | +36.1% |
| Advances received on contracts in progress | 46 | €1,646 | - | -€1,646 | |
| Taxes, remuneration and social security | 45 | €25,345 | €16,446 | -€8,899 | -35.1% |
| Taxes | 450/3 | €10,539 | €8,571 | -€1,969 | -18.7% |
| Remuneration and social security | 454/9 | €14,806 | €7,875 | -€6,931 | -46.8% |
| Other amounts payable | 47/48 | €8,451 | €209 | -€8,242 | -97.5% |
| Accrued charges and deferred income | 492/3 | €3,500 | €72,661 | +€69,161 | +1,976% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €179,247 | €87,655 | -€91,592 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,019 | €30,780 | +€1,761 | +6.1% |
| Other operating charges | 640/8 | €2,582 | €3,930 | +€1,347 | +52.2% |
| Gross operating margin | 9900 | €382,913 | €250,342 | -€132,571 | -34.6% |
| Operating profit (loss) | 9901 | €172,065 | €127,977 | -€44,087 | -25.6% |
| Financial income | 75/76B | €4,785 | €4,757 | -€28 | -0.6% |
| Recurring financial income | 75 | €4,785 | €4,757 | -€28 | -0.6% |
| Financial charges | 65/66B | €44,857 | €44,909 | +€52 | +0.1% |
| Recurring financial charges | 65 | €44,857 | €44,909 | +€52 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €131,993 | €87,825 | -€44,167 | -33.5% |
| Income taxes | 67/77 | €29,539 | €19,126 | -€10,413 | -35.3% |
| Profit (loss) for the period | 9904 | €102,454 | €68,700 | -€33,754 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €102,454 | €68,700 | -€33,754 | -32.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.