COSIPRO: 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.
COSIPRO
Largest movements
- Receivables within one year +€42,662
up €42,662 (+74.6%), from €57,204 to €99,866
of which Trade receivables: +€30,503
- Tangible fixed assets -€14,704
down €14,704 (-25.2%), from €58,430 to €43,726
of which Furniture and vehicles: -€14,512
- Receivables after one year -€13,000
down €13,000 (-100.0%), from €13,000 to €0
- Cash +€10,907
up €10,907 (+3.4%), from €317,006 to €327,913
mainly Other debts (+€312,075) and Net result for the year (+€68,932)
- Reserves -€312,219
down €312,219 (-82.5%), from €378,651 to €66,432
- Other debts +€312,075
up €312,075 (+23387.1%), from €1,334 to €313,409
- Tax, wage and social debts +€23,371
up €23,371 (+37.7%), from €61,989 to €85,359
- Gross operating margin -€45,286
down €45,286 (-30.4%), from €148,820 to €103,534
- Taxes -€12,289
down €12,289 (-40.3%), from €30,481 to €18,192
- Depreciation +€4,663
up €4,663 (+46.4%), from €10,041 to €14,704
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €447,728 | €472,445 | +€24,717 | +5.5% |
| Fixed assets | 21/28 | €58,430 | €43,726 | -€14,704 | -25.2% |
| Tangible fixed assets | 22/27 | €58,430 | €43,726 | -€14,704 | -25.2% |
| Plant, machinery and equipment | 23 | €1,726 | €1,534 | -€192 | -11.1% |
| Furniture and vehicles | 24 | €56,704 | €42,192 | -€14,512 | -25.6% |
| Current assets | 29/58 | €389,298 | €428,719 | +€39,422 | +10.1% |
| Amounts receivable after more than one year | 29 | €13,000 | €0 | -€13,000 | -100.0% |
| Other amounts receivable | 291 | €13,000 | €0 | -€13,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €57,204 | €99,866 | +€42,662 | +74.6% |
| Trade receivables | 40 | €56,269 | €86,772 | +€30,503 | +54.2% |
| Other amounts receivable | 41 | €935 | €13,094 | +€12,158 | +1299.7% |
| Cash at bank and in hand | 54/58 | €317,006 | €327,913 | +€10,907 | +3.4% |
| Deferred charges and accrued income | 490/1 | €2,088 | €940 | -€1,148 | -55.0% |
| Total equity and liabilities | 10/49 | €447,728 | €472,445 | +€24,717 | +5.5% |
| Equity | 10/15 | €381,151 | €68,932 | -€312,219 | -81.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €378,651 | €66,432 | -€312,219 | -82.5% |
| Distributable reserves | 133 | €378,651 | €66,432 | -€312,219 | -82.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €66,577 | €403,513 | +€336,936 | +506.1% |
| Amounts payable within one year | 42/48 | €66,577 | €402,378 | +€335,801 | +504.4% |
| Financial debts | 43 | €2,444 | €569 | -€1,875 | -76.7% |
| Credit institutions | 430/8 | €2,444 | €569 | -€1,875 | -76.7% |
| Trade debts | 44 | €810 | €3,040 | +€2,230 | +275.3% |
| Suppliers | 440/4 | €810 | €3,040 | +€2,230 | +275.3% |
| Taxes, remuneration and social security | 45 | €61,989 | €85,359 | +€23,371 | +37.7% |
| Taxes | 450/3 | €61,989 | €85,359 | +€23,371 | +37.7% |
| Other amounts payable | 47/48 | €1,334 | €313,409 | +€312,075 | +23387.1% |
| Accrued charges and deferred income | 492/3 | - | €1,135 | +€1,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,041 | €14,704 | +€4,663 | +46.4% |
| Other operating charges | 640/8 | €688 | €769 | +€82 | +11.9% |
| Gross operating margin | 9900 | €148,820 | €103,534 | -€45,286 | -30.4% |
| Operating profit (loss) | 9901 | €138,091 | €88,061 | -€50,031 | -36.2% |
| Financial income | 75/76B | €37 | €294 | +€257 | +702.0% |
| Recurring financial income | 75 | €37 | €294 | +€257 | +702.0% |
| Financial charges | 65/66B | €163 | €1,230 | +€1,067 | +655.4% |
| Recurring financial charges | 65 | €163 | €1,230 | +€1,067 | +655.4% |
| Profit (loss) for the period before taxes | 9903 | €137,965 | €87,124 | -€50,841 | -36.9% |
| Income taxes | 67/77 | €30,481 | €18,192 | -€12,289 | -40.3% |
| Profit (loss) for the period | 9904 | €107,484 | €68,932 | -€38,552 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,484 | €68,932 | -€38,552 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.