COSKUN: what changed
COSKUN
Largest movements
- Cash +€1.6m
up €1.6m (+30.9%), from €5.1m to €6.6m
mainly Trade debts (+€2.5m) and Receivables within one year (+€593,995)
- Receivables within one year -€593,995
down €593,995 (-27.7%), from €2.1m to €1.5m
- Stocks and contracts -€246,559
down €246,559 (-19.8%), from €1.2m to €997,710
- Trade debts +€2.5m
up €2.5m (+38.1%), from €6.5m to €9.0m
- Accrued charges and deferred income -€1.8m
down €1.8m (-98.5%), from €1.8m to €27,126
- Gross operating margin +€8,394
up €8,394 (+93.0%), from €9,024 to €17,419
- Taxes -€2,485
down €2,485 (-65.6%), from €3,788 to €1,303
- Financial income +€1,996
new in 2025: €1,996
- Financial charges -€857
down €857 (-39.5%), from €2,170 to €1,313
- Other operating charges -€374
down €374 (-16.7%), from €2,243 to €1,869
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 | €8,440,875 | €9,165,340 | +€724,465 | +8.6% |
| Fixed assets | 21/28 | - | €4,120 | +€4,120 | |
| Tangible fixed assets | 22/27 | - | €4,120 | +€4,120 | |
| Furniture and vehicles | 24 | - | €4,120 | +€4,120 | |
| Current assets | 29/58 | €8,440,875 | €9,161,220 | +€720,345 | +8.5% |
| Stocks and contracts in progress | 3 | €1,244,269 | €997,710 | -€246,559 | -19.8% |
| Stocks | 30/36 | €1,244,269 | €997,710 | -€246,559 | -19.8% |
| Amounts receivable within one year | 40/41 | €2,143,435 | €1,549,440 | -€593,995 | -27.7% |
| Trade receivables | 40 | €2,143,435 | €1,549,440 | -€593,995 | -27.7% |
| Cash at bank and in hand | 54/58 | €5,053,171 | €6,614,070 | +€1.6m | +30.9% |
| Total equity and liabilities | 10/49 | €8,440,875 | €9,165,340 | +€724,465 | +8.6% |
| Equity | 10/15 | €166,442 | €181,372 | +€14,930 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €160,242 | €175,172 | +€14,930 | +9.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €158,382 | €173,312 | +€14,930 | +9.4% |
| Amounts payable | 17/49 | €8,274,433 | €8,983,968 | +€709,535 | +8.6% |
| Amounts payable within one year | 42/48 | €6,483,590 | €8,956,842 | +€2.5m | +38.1% |
| Trade debts | 44 | €6,480,108 | €8,951,102 | +€2.5m | +38.1% |
| Suppliers | 440/4 | €6,480,108 | €8,951,102 | +€2.5m | +38.1% |
| Taxes, remuneration and social security | 45 | €3,482 | €5,740 | +€2,258 | +64.8% |
| Taxes | 450/3 | €3,482 | €5,740 | +€2,258 | +64.8% |
| Accrued charges and deferred income | 492/3 | €1,790,843 | €27,126 | -€1.8m | -98.5% |
| Other operating charges | 640/8 | €2,243 | €1,869 | -€374 | -16.7% |
| Gross operating margin | 9900 | €9,024 | €17,419 | +€8,394 | +93.0% |
| Operating profit (loss) | 9901 | €6,781 | €15,550 | +€8,768 | +129% |
| Financial income | 75/76B | - | €1,996 | +€1,996 | |
| Recurring financial income | 75 | - | €1,996 | +€1,996 | |
| Financial charges | 65/66B | €2,170 | €1,313 | -€857 | -39.5% |
| Recurring financial charges | 65 | €2,170 | €1,313 | -€857 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €4,611 | €16,233 | +€11,621 | +252% |
| Income taxes | 67/77 | €3,788 | €1,303 | -€2,485 | -65.6% |
| Profit (loss) for the period | 9904 | €823 | €14,930 | +€14,107 | +1,713% |
| Profit (loss) for the period to be appropriated | 9905 | €823 | €14,930 | +€14,107 | +1,713% |
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 2 November 2026 via checked.be.