Cosmétique: 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.
Cosmétique
Largest movements
- Stocks and contracts -€50,582
down €50,582 (-44.5%), from €113,669 to €63,087
- Receivables within one year +€29,754
up €29,754 (+37.9%), from €78,485 to €108,239
of which Other amounts receivable: +€66,047
- Cash +€19,202
up €19,202 (+60.7%), from €31,625 to €50,827
mainly Contributions, distributions and other (+€500,000) and Depreciation (+€77,457)
- Tangible fixed assets +€15,511
up €15,511 (+4.5%), from €341,399 to €356,910
of which Other tangible fixed assets: +€42,568
- Financial fixed assets -€11,435
down €11,435 (-100%), from €11,435 to €0
- Profit (loss) carried forward +€419,182
up €419,182 (+83.6%), from -€501,490 to -€82,308
- Other debts -€349,696
down €349,696 (-52.5%), from €666,087 to €316,390
- Debts after one year -€43,619
down €43,619 (-14.7%), from €296,534 to €252,914
- Tax, wage and social debts -€33,043
down €33,043 (-54.7%), from €60,418 to €27,375
of which Remuneration and social security: -€26,774
- Staff costs -€191,796
down €191,796 (-41.5%), from €461,943 to €270,147
- Gross operating margin +€18,038
up €18,038 (+6.5%), from €278,747 to €296,785
- Financial charges -€5,978
down €5,978 (-18.4%), from €32,490 to €26,512
- Depreciation +€3,674
up €3,674 (+5.0%), from €73,782 to €77,457
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 | €609,759 | €604,067 | -€5,692 | -0.9% |
| Formation expenses | 20 | €32,379 | €24,284 | -€8,095 | -25.0% |
| Fixed assets | 21/28 | €352,834 | €356,910 | +€4,077 | +1.2% |
| Tangible fixed assets | 22/27 | €341,399 | €356,910 | +€15,511 | +4.5% |
| Plant, machinery and equipment | 23 | €1,555 | €573 | -€982 | -63.1% |
| Furniture and vehicles | 24 | €54,364 | €28,290 | -€26,075 | -48.0% |
| Other tangible fixed assets | 26 | €285,480 | €328,048 | +€42,568 | +14.9% |
| Financial fixed assets | 28 | €11,435 | €0 | -€11,435 | -100% |
| Current assets | 29/58 | €224,546 | €222,872 | -€1,674 | -0.7% |
| Stocks and contracts in progress | 3 | €113,669 | €63,087 | -€50,582 | -44.5% |
| Stocks | 30/36 | €113,669 | €63,087 | -€50,582 | -44.5% |
| Amounts receivable within one year | 40/41 | €78,485 | €108,239 | +€29,754 | +37.9% |
| Trade receivables | 40 | €59,067 | €22,774 | -€36,293 | -61.4% |
| Other amounts receivable | 41 | €19,418 | €85,465 | +€66,047 | +340% |
| Cash at bank and in hand | 54/58 | €31,625 | €50,827 | +€19,202 | +60.7% |
| Deferred charges and accrued income | 490/1 | €767 | €719 | -€47 | -6.2% |
| Total equity and liabilities | 10/49 | €609,759 | €604,067 | -€5,692 | -0.9% |
| Equity | 10/15 | -€468,889 | -€51,197 | +€417,692 | +89.1% |
| Contributions | 10/11 | €20,000 | €18,510 | -€1,490 | -7.4% |
| Reserves | 13 | €12,601 | €12,601 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €7,601 | €7,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€501,490 | -€82,308 | +€419,182 | +83.6% |
| Amounts payable | 17/49 | €1,078,648 | €655,264 | -€423,385 | -39.3% |
| Amounts payable after more than one year | 17 | €296,534 | €252,914 | -€43,619 | -14.7% |
| Financial debts | 170/4 | €296,534 | €252,914 | -€43,619 | -14.7% |
| Amounts payable within one year | 42/48 | €782,115 | €402,259 | -€379,856 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €42,578 | €43,619 | +€1,041 | +2.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,190 | €12,696 | +€1,506 | +13.5% |
| Suppliers | 440/4 | €11,190 | €12,696 | +€1,506 | +13.5% |
| Advances received on contracts in progress | 46 | €1,842 | €2,178 | +€336 | +18.2% |
| Taxes, remuneration and social security | 45 | €60,418 | €27,375 | -€33,043 | -54.7% |
| Taxes | 450/3 | €26,442 | €20,173 | -€6,268 | -23.7% |
| Remuneration and social security | 454/9 | €33,976 | €7,202 | -€26,774 | -78.8% |
| Other amounts payable | 47/48 | €666,087 | €316,390 | -€349,696 | -52.5% |
| Accrued charges and deferred income | 492/3 | - | €90 | +€90 | |
| Remuneration, social security and pensions | 62 | €461,943 | €270,147 | -€191,796 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,782 | €77,457 | +€3,674 | +5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €571 | +€571 | |
| Other operating charges | 640/8 | €745 | €2,369 | +€1,624 | +218% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | - | €4,257 | +€4,257 | |
| Gross operating margin | 9900 | €278,747 | €296,785 | +€18,038 | +6.5% |
| Operating profit (loss) | 9901 | -€257,724 | -€58,016 | +€199,708 | +77.5% |
| Financial income | 75/76B | €2,761 | €2,397 | -€364 | -13.2% |
| Recurring financial income | 75 | €2,761 | €2,397 | -€364 | -13.2% |
| Financial charges | 65/66B | €32,490 | €26,512 | -€5,978 | -18.4% |
| Recurring financial charges | 65 | €32,490 | €26,512 | -€5,978 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€287,452 | -€82,131 | +€205,322 | +71.4% |
| Income taxes | 67/77 | €116 | €177 | +€61 | +52.9% |
| Profit (loss) for the period | 9904 | -€287,568 | -€82,308 | +€205,261 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€287,568 | -€82,308 | +€205,261 | +71.4% |
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 31 October 2026 via checked.be.