COSMO-LINE: 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.
COSMO-LINE
Largest movements
- Receivables within one year -€11,318
down €11,318 (-28.6%), from €39,522 to €28,203
of which Other amounts receivable: -€12,791
- Cash -€8,971
down €8,971 (-49.2%), from €18,246 to €9,275
mainly Other debts (-€19,839) and Current portion of long-term debt (-€6,140)
- Stocks and contracts -€4,538
down €4,538 (-12.7%), from €35,680 to €31,143
- Other debts -€19,839
down €19,839 (-30.4%), from €65,229 to €45,391
- Current portion of long-term debt -€6,140
no longer reported in 2026 (was €6,140)
- Trade debts +€2,737
up €2,737 (+51.8%), from €5,284 to €8,022
- Tax, wage and social debts -€2,291
down €2,291 (-27.1%), from €8,443 to €6,153
of which Taxes: -€3,744
- Gross operating margin -€14,143
down €14,143 (-85.3%), from €16,585 to €2,442
- Other operating charges -€667
down €667 (-63.8%), from €1,046 to €379
- Financial charges -€537
down €537 (-28.3%), from €1,900 to €1,362
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,501 | €78,040 | -€25,461 | -24.6% |
| Fixed assets | 21/28 | €10,053 | €9,419 | -€633 | -6.3% |
| Tangible fixed assets | 22/27 | €4,053 | €3,419 | -€633 | -15.6% |
| Plant, machinery and equipment | 23 | €10 | €0 | -€10 | -100% |
| Furniture and vehicles | 24 | €4,042 | €3,419 | -€623 | -15.4% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €93,448 | €68,621 | -€24,827 | -26.6% |
| Stocks and contracts in progress | 3 | €35,680 | €31,143 | -€4,538 | -12.7% |
| Stocks | 30/36 | €35,680 | €31,143 | -€4,538 | -12.7% |
| Amounts receivable within one year | 40/41 | €39,522 | €28,203 | -€11,318 | -28.6% |
| Trade receivables | 40 | €1,275 | €2,748 | +€1,473 | +116% |
| Other amounts receivable | 41 | €38,246 | €25,455 | -€12,791 | -33.4% |
| Cash at bank and in hand | 54/58 | €18,246 | €9,275 | -€8,971 | -49.2% |
| Total equity and liabilities | 10/49 | €103,501 | €78,040 | -€25,461 | -24.6% |
| Equity | 10/15 | €18,205 | €18,399 | +€194 | +1.1% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,655 | -€11,461 | +€194 | +1.7% |
| Amounts payable | 17/49 | €85,296 | €59,641 | -€25,655 | -30.1% |
| Amounts payable within one year | 42/48 | €85,296 | €59,641 | -€25,655 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €6,140 | - | -€6,140 | |
| Trade debts | 44 | €5,284 | €8,022 | +€2,737 | +51.8% |
| Suppliers | 440/4 | €5,284 | €8,022 | +€2,737 | +51.8% |
| Advances received on contracts in progress | 46 | €198 | €76 | -€122 | -61.7% |
| Taxes, remuneration and social security | 45 | €8,443 | €6,153 | -€2,291 | -27.1% |
| Taxes | 450/3 | €8,443 | €4,699 | -€3,744 | -44.3% |
| Remuneration and social security | 454/9 | - | €1,453 | +€1,453 | |
| Other amounts payable | 47/48 | €65,229 | €45,391 | -€19,839 | -30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €633 | -€31 | -4.7% |
| Other operating charges | 640/8 | €1,046 | €379 | -€667 | -63.8% |
| Gross operating margin | 9900 | €16,585 | €2,442 | -€14,143 | -85.3% |
| Operating profit (loss) | 9901 | €14,875 | €1,430 | -€13,445 | -90.4% |
| Financial income | 75/76B | €57 | €126 | +€70 | +123% |
| Recurring financial income | 75 | €57 | €126 | +€70 | +123% |
| Financial charges | 65/66B | €1,900 | €1,362 | -€537 | -28.3% |
| Recurring financial charges | 65 | €1,900 | €1,362 | -€537 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €13,032 | €194 | -€12,838 | -98.5% |
| Income taxes | 67/77 | €47 | - | -€47 | |
| Profit (loss) for the period | 9904 | €12,985 | €194 | -€12,791 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,985 | €194 | -€12,791 | -98.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.