COSMOSIRIS: 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.
COSMOSIRIS
Largest movements
- Cash +€25,663
up €25,663 (+11.8%), from €217,808 to €243,471
mainly Net result for the year (+€24,909) and Receivables within one year (+€5,869)
- Receivables within one year -€5,869
down €5,869 (-37.1%), from €15,799 to €9,930
of which Trade receivables: -€6,723
- Reserves +€24,909
up €24,909 (+16.2%), from €153,808 to €178,717
of which Distributable reserves: +€24,909
- Other debts -€4,835
down €4,835 (-54.2%), from €8,917 to €4,081
- Gross operating margin -€6,144
down €6,144 (-13.6%), from €45,032 to €38,888
- Taxes -€2,138
down €2,138 (-14.2%), from €15,028 to €12,890
- Financial income -€1,122
no longer reported in 2025 (was €1,122)
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 | €233,607 | €253,400 | +€19,794 | +8.5% |
| Current assets | 29/58 | €233,607 | €253,400 | +€19,794 | +8.5% |
| Amounts receivable within one year | 40/41 | €15,799 | €9,930 | -€5,869 | -37.1% |
| Trade receivables | 40 | €7,394 | €671 | -€6,723 | -90.9% |
| Other amounts receivable | 41 | €8,405 | €9,258 | +€853 | +10.2% |
| Cash at bank and in hand | 54/58 | €217,808 | €243,471 | +€25,663 | +11.8% |
| Total equity and liabilities | 10/49 | €233,607 | €253,400 | +€19,794 | +8.5% |
| Equity | 10/15 | €221,474 | €246,383 | +€24,909 | +11.2% |
| Contributions | 10/11 | €6,222 | €6,222 | = | 0.0% |
| Reserves | 13 | €153,808 | €178,717 | +€24,909 | +16.2% |
| Tax-exempt reserves | 132 | €9,610 | €9,610 | = | 0.0% |
| Distributable reserves | 133 | €144,198 | €169,107 | +€24,909 | +17.3% |
| Profit (loss) carried forward | 14 | €61,443 | €61,443 | = | 0.0% |
| Amounts payable | 17/49 | €12,133 | €7,018 | -€5,115 | -42.2% |
| Amounts payable within one year | 42/48 | €12,133 | €7,018 | -€5,115 | -42.2% |
| Trade debts | 44 | €193 | €446 | +€252 | +130.4% |
| Suppliers | 440/4 | €193 | €446 | +€252 | +130.4% |
| Taxes, remuneration and social security | 45 | €3,023 | €2,491 | -€532 | -17.6% |
| Taxes | 450/3 | €3,023 | €2,491 | -€532 | -17.6% |
| Other amounts payable | 47/48 | €8,917 | €4,081 | -€4,835 | -54.2% |
| Other operating charges | 640/8 | €790 | €1,025 | +€235 | +29.7% |
| Gross operating margin | 9900 | €45,032 | €38,888 | -€6,144 | -13.6% |
| Operating profit (loss) | 9901 | €44,241 | €37,862 | -€6,379 | -14.4% |
| Financial income | 75/76B | €1,122 | - | -€1,122 | |
| Recurring financial income | 75 | €1,122 | - | -€1,122 | |
| Financial charges | 65/66B | €103 | €64 | -€39 | -38.0% |
| Recurring financial charges | 65 | €103 | €64 | -€39 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €45,260 | €37,799 | -€7,462 | -16.5% |
| Income taxes | 67/77 | €15,028 | €12,890 | -€2,138 | -14.2% |
| Profit (loss) for the period | 9904 | €30,232 | €24,909 | -€5,323 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,232 | €24,909 | -€5,323 | -17.6% |
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.