COSMALIS: 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.
What changed
COSMALIS
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€23,582
2024 · €4,494+€19,088
Equity
€159,083
2024 · €213,089-€54,005
Cash
€2,434
2024 · €4,332-€1,898
Balance sheet total
€582,087
2024 · €560,495+€21,592
Largest movements
Assets
- Receivables within one year +€16,027
up €16,027 (+17.6%), from €91,231 to €107,258
of which Other amounts receivable: +€10,770
- Deferred charges and accrued income +€7,475
up €7,475 (+272%), from €2,749 to €10,224
Equity and liabilities
- Other debts +€60,840
up €60,840 (+84,127%), from €72 to €60,913
- Reserves -€54,005
down €54,005 (-28.0%), from €193,089 to €139,083
- Trade debts -€36,997
down €36,997 (-35.2%), from €105,086 to €68,089
- Short-term financial debts +€32,732
up €32,732 (+13,978%), from €234 to €32,966
- Current portion of long-term debt +€9,050
up €9,050 (+37.3%), from €24,282 to €33,333
Income statement
- Staff costs -€8,310
down €8,310 (-5.2%), from €159,419 to €151,109
- Financial income +€7,486
up €7,486 (+3,387%), from €221 to €7,708
- Financial charges +€3,499
up €3,499 (+39.3%), from €8,907 to €12,407
- Gross operating margin +€3,020
up €3,020 (+1.6%), from €192,299 to €195,319
- Taxes -€2,429
down €2,429 (-47.6%), from €5,101 to €2,672
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.
Result 2024
€4,494
Gross operating margin
+€3,020
Staff costs
+€8,310
Depreciation
+€1,376
Other operating charges
-€35
Financial income
+€7,486
Financial charges
-€3,499
Taxes
+€2,429
Result 2025
€23,582
raises the resultlowers the result
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.
From operations
+€33,829
Investment
-€8,795
Financing
-€26,932
Cash 2024
€4,332
From operations (derived)
+€33,829
Net result for the year
+€23,582
Depreciation
+€10,994
Stocks and contracts
-€2,187
Receivables within one year
-€16,027
Deferred charges and accrued income
-€7,475
Trade debts
-€36,997
Tax, wage and social debts
+€1,099
Other debts
+€60,840
Investment (derived)
-€8,795
Investment in fixed assets (net)
-€14,182
Current investments
+€5,388
Financing
-€26,932
Debts after one year
+€8,873
Current portion of long-term debt
+€9,050
Short-term financial debts
+€32,732
Contributions, distributions and other
-€77,588
Cash 2025
€2,434
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,495 | €582,087 | +€21,592 | +3.9% |
| Fixed assets | 21/28 | €210,858 | €214,047 | +€3,188 | +1.5% |
| Intangible fixed assets | 21 | €285 | €0 | -€285 | -100% |
| Tangible fixed assets | 22/27 | €210,453 | €214,047 | +€3,593 | +1.7% |
| Land and buildings | 22 | €208,526 | €199,897 | -€8,629 | -4.1% |
| Plant, machinery and equipment | 23 | €1,016 | €12,787 | +€11,771 | +1,159% |
| Furniture and vehicles | 24 | €911 | €1,363 | +€452 | +49.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €120 | €0 | -€120 | -100% |
| Current assets | 29/58 | €349,637 | €368,040 | +€18,404 | +5.3% |
| Amounts receivable after more than one year | 29 | €17,562 | €17,562 | = | 0.0% |
| Other amounts receivable | 291 | €17,562 | €17,562 | = | 0.0% |
| Stocks and contracts in progress | 3 | €223,331 | €225,518 | +€2,187 | +1.0% |
| Stocks | 30/36 | €223,331 | €225,518 | +€2,187 | +1.0% |
| Amounts receivable within one year | 40/41 | €91,231 | €107,258 | +€16,027 | +17.6% |
| Trade receivables | 40 | €25,871 | €31,128 | +€5,257 | +20.3% |
| Other amounts receivable | 41 | €65,360 | €76,130 | +€10,770 | +16.5% |
| Current investments | 50/53 | €10,432 | €5,044 | -€5,388 | -51.6% |
| Cash at bank and in hand | 54/58 | €4,332 | €2,434 | -€1,898 | -43.8% |
| Deferred charges and accrued income | 490/1 | €2,749 | €10,224 | +€7,475 | +272% |
| Total equity and liabilities | 10/49 | €560,495 | €582,087 | +€21,592 | +3.9% |
| Equity | 10/15 | €213,089 | €159,083 | -€54,005 | -25.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €193,089 | €139,083 | -€54,005 | -28.0% |
| Distributable reserves | 133 | €193,089 | €139,083 | -€54,005 | -28.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €347,406 | €423,003 | +€75,597 | +21.8% |
| Amounts payable after more than one year | 17 | €150,655 | €159,528 | +€8,873 | +5.9% |
| Financial debts | 170/4 | €150,655 | €159,528 | +€8,873 | +5.9% |
| Amounts payable within one year | 42/48 | €196,751 | €263,475 | +€66,724 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €24,282 | €33,333 | +€9,050 | +37.3% |
| Financial debts | 43 | €234 | €32,966 | +€32,732 | +13,978% |
| Credit institutions | 430/8 | €234 | €32,966 | +€32,732 | +13,978% |
| Trade debts | 44 | €105,086 | €68,089 | -€36,997 | -35.2% |
| Suppliers | 440/4 | €105,086 | €68,089 | -€36,997 | -35.2% |
| Taxes, remuneration and social security | 45 | €67,077 | €68,175 | +€1,099 | +1.6% |
| Taxes | 450/3 | €36,072 | €41,589 | +€5,517 | +15.3% |
| Remuneration and social security | 454/9 | €31,005 | €26,586 | -€4,419 | -14.3% |
| Other amounts payable | 47/48 | €72 | €60,913 | +€60,840 | +84,127% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €159,419 | €151,109 | -€8,310 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,370 | €10,994 | -€1,376 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,229 | €2,264 | +€35 | +1.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €192,299 | €195,319 | +€3,020 | +1.6% |
| Operating profit (loss) | 9901 | €18,282 | €30,953 | +€12,671 | +69.3% |
| Financial income | 75/76B | €221 | €7,708 | +€7,486 | +3,387% |
| Recurring financial income | 75 | €221 | €7,708 | +€7,486 | +3,387% |
| Financial charges | 65/66B | €8,907 | €12,407 | +€3,499 | +39.3% |
| Recurring financial charges | 65 | €8,907 | €12,407 | +€3,499 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €9,595 | €26,254 | +€16,659 | +174% |
| Income taxes | 67/77 | €5,101 | €2,672 | -€2,429 | -47.6% |
| Profit (loss) for the period | 9904 | €4,494 | €23,582 | +€19,088 | +425% |
| Profit (loss) for the period to be appropriated | 9905 | €4,494 | €23,582 | +€19,088 | +425% |
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 19 October 2026 via checked.be.