COSINUS: 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.
COSINUS
Largest movements
- Cash +€231,721
up €231,721 (+394%), from €58,784 to €290,505
mainly Net result for the year (+€154,392) and Tax, wage and social debts (+€65,428)
- Profit (loss) carried forward +€154,392
up €154,392 (+20.2%), from -€762,466 to -€608,073
- Tax, wage and social debts +€65,428
up €65,428 (+273%), from €24,000 to €89,428
- Gross operating margin +€101,142
up €101,142 (+83.9%), from €120,584 to €221,725
- Taxes +€32,183
up €32,183 (+134%), from €24,000 to €56,183
- Other operating charges +€6,351
up €6,351 (+160%), from €3,961 to €10,312
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 | €1,299,182 | €1,517,031 | +€217,849 | +16.8% |
| Fixed assets | 21/28 | €5,350 | €5,350 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,000 | €4,000 | = | 0.0% |
| Land and buildings | 22 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €1,293,832 | €1,511,681 | +€217,849 | +16.8% |
| Amounts receivable within one year | 40/41 | €1,235,048 | €1,220,933 | -€14,115 | -1.1% |
| Trade receivables | 40 | €14,112 | - | -€14,112 | |
| Other amounts receivable | 41 | €1,220,936 | €1,220,933 | -€3 | 0.0% |
| Cash at bank and in hand | 54/58 | €58,784 | €290,505 | +€231,721 | +394% |
| Deferred charges and accrued income | 490/1 | - | €242 | +€242 | |
| Total equity and liabilities | 10/49 | €1,299,182 | €1,517,031 | +€217,849 | +16.8% |
| Equity | 10/15 | €90,214 | €244,607 | +€154,392 | +171% |
| Contributions | 10/11 | €849,580 | €849,580 | = | 0.0% |
| Reserves | 13 | €3,100 | €3,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | - | -€3,100 | |
| Reserves not available under the articles | 1311 | €3,100 | - | -€3,100 | |
| Distributable reserves | 133 | - | €3,100 | +€3,100 | |
| Profit (loss) carried forward | 14 | -€762,466 | -€608,073 | +€154,392 | +20.2% |
| Amounts payable | 17/49 | €1,208,967 | €1,272,424 | +€63,457 | +5.2% |
| Amounts payable after more than one year | 17 | €381,120 | €381,120 | = | 0.0% |
| Other amounts payable | 178/9 | €381,120 | €381,120 | = | 0.0% |
| Amounts payable within one year | 42/48 | €827,847 | €891,304 | +€63,457 | +7.7% |
| Trade debts | 44 | - | €1,512 | +€1,512 | |
| Suppliers | 440/4 | - | €1,512 | +€1,512 | |
| Taxes, remuneration and social security | 45 | €24,000 | €89,428 | +€65,428 | +273% |
| Taxes | 450/3 | €24,000 | €89,428 | +€65,428 | +273% |
| Other amounts payable | 47/48 | €803,847 | €800,364 | -€3,483 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2 | - | -€2 | |
| Other operating charges | 640/8 | €3,961 | €10,312 | +€6,351 | +160% |
| Gross operating margin | 9900 | €120,584 | €221,725 | +€101,142 | +83.9% |
| Operating profit (loss) | 9901 | €116,621 | €211,413 | +€94,792 | +81.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,817 | €837 | -€979 | -53.9% |
| Recurring financial charges | 65 | €1,817 | €837 | -€979 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €114,804 | €210,576 | +€95,772 | +83.4% |
| Income taxes | 67/77 | €24,000 | €56,183 | +€32,183 | +134% |
| Profit (loss) for the period | 9904 | €90,804 | €154,392 | +€63,588 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,804 | €154,392 | +€63,588 | +70.0% |
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 13 October 2026 via checked.be.