Cosmelle: 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.
Cosmelle
Largest movements
- Cash +€32,063
up €32,063 (+133.4%), from €24,042 to €56,105
mainly Net result for the year (+€21,549) and Tax, wage and social debts (+€20,707)
- Tangible fixed assets -€11,171
down €11,171 (-5.8%), from €193,862 to €182,691
of which Land and buildings: -€8,750
- Receivables within one year +€6,765
up €6,765 (+13224.0%), from €51 to €6,817
of which Trade receivables: +€6,817
- Reserves +€21,549
up €21,549 (+183.5%), from €11,742 to €33,291
- Tax, wage and social debts +€20,707
up €20,707 (+129.8%), from €15,954 to €36,661
of which Taxes: +€14,660
- Debts after one year -€11,982
down €11,982 (-8.3%), from €144,025 to €132,043
- Other debts -€6,853
down €6,853 (-36.7%), from €18,675 to €11,822
- Advances received +€2,984
new in 2025: €2,984
- Gross operating margin +€66,537
up €66,537 (+67.9%), from €98,048 to €164,584
- Staff costs +€55,532
up €55,532 (+91.6%), from €60,633 to €116,165
- Taxes +€3,006
up €3,006 (+80.0%), from €3,759 to €6,765
- Financial income +€2,508
new in 2025: €2,508
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.
Cash bridge derived
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 | €222,816 | €249,858 | +€27,042 | +12.1% |
| Fixed assets | 21/28 | €193,862 | €182,691 | -€11,171 | -5.8% |
| Tangible fixed assets | 22/27 | €193,862 | €182,691 | -€11,171 | -5.8% |
| Land and buildings | 22 | €185,500 | €176,750 | -€8,750 | -4.7% |
| Plant, machinery and equipment | 23 | €6,006 | €2,273 | -€3,733 | -62.2% |
| Furniture and vehicles | 24 | €2,356 | €3,668 | +€1,312 | +55.7% |
| Current assets | 29/58 | €28,954 | €67,167 | +€38,213 | +132.0% |
| Stocks and contracts in progress | 3 | €4,861 | €4,246 | -€615 | -12.7% |
| Stocks | 30/36 | €4,861 | €4,246 | -€615 | -12.7% |
| Amounts receivable within one year | 40/41 | €51 | €6,817 | +€6,765 | +13224.0% |
| Trade receivables | 40 | €0 | €6,817 | +€6,817 | |
| Other amounts receivable | 41 | €51 | €0 | -€51 | -100.0% |
| Cash at bank and in hand | 54/58 | €24,042 | €56,105 | +€32,063 | +133.4% |
| Total equity and liabilities | 10/49 | €222,816 | €249,858 | +€27,042 | +12.1% |
| Equity | 10/15 | €26,862 | €48,411 | +€21,549 | +80.2% |
| Contributions | 10/11 | €15,120 | €15,120 | = | 0.0% |
| Reserves | 13 | €11,742 | €33,291 | +€21,549 | +183.5% |
| Distributable reserves | 133 | €11,742 | €33,291 | +€21,549 | +183.5% |
| Amounts payable | 17/49 | €195,954 | €201,447 | +€5,493 | +2.8% |
| Amounts payable after more than one year | 17 | €144,025 | €132,043 | -€11,982 | -8.3% |
| Financial debts | 170/4 | €144,025 | €132,043 | -€11,982 | -8.3% |
| Amounts payable within one year | 42/48 | €51,930 | €69,405 | +€17,475 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €12,281 | €11,973 | -€308 | -2.5% |
| Trade debts | 44 | €5,019 | €5,964 | +€945 | +18.8% |
| Suppliers | 440/4 | €5,019 | €5,964 | +€945 | +18.8% |
| Advances received on contracts in progress | 46 | - | €2,984 | +€2,984 | |
| Taxes, remuneration and social security | 45 | €15,954 | €36,661 | +€20,707 | +129.8% |
| Taxes | 450/3 | €8,619 | €23,279 | +€14,660 | +170.1% |
| Remuneration and social security | 454/9 | €7,335 | €13,382 | +€6,047 | +82.4% |
| Other amounts payable | 47/48 | €18,675 | €11,822 | -€6,853 | -36.7% |
| Remuneration, social security and pensions | 62 | €60,633 | €116,165 | +€55,532 | +91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,798 | €13,427 | +€629 | +4.9% |
| Other operating charges | 640/8 | €1,165 | €1,199 | +€33 | +2.9% |
| Gross operating margin | 9900 | €98,048 | €164,584 | +€66,537 | +67.9% |
| Operating profit (loss) | 9901 | €23,452 | €33,793 | +€10,342 | +44.1% |
| Financial income | 75/76B | - | €2,508 | +€2,508 | |
| Recurring financial income | 75 | - | €2,508 | +€2,508 | |
| Financial charges | 65/66B | €8,296 | €7,988 | -€308 | -3.7% |
| Recurring financial charges | 65 | €8,296 | €7,988 | -€308 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €15,156 | €28,314 | +€13,158 | +86.8% |
| Income taxes | 67/77 | €3,759 | €6,765 | +€3,006 | +80.0% |
| Profit (loss) for the period | 9904 | €11,397 | €21,549 | +€10,152 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,397 | €21,549 | +€10,152 | +89.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.