COSMOVIN: 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.
COSMOVIN
Largest movements
- Cash +€36,431
up €36,431 (+117%), from €31,007 to €67,438
mainly Net result for the year (+€19,000) and Receivables within one year (+€7,184)
- Receivables within one year -€7,184
down €7,184 (-46.6%), from €15,420 to €8,235
of which Trade receivables: -€6,084
- Tangible fixed assets -€6,628
down €6,628 (-69.2%), from €9,582 to €2,954
of which Plant, machinery and equipment: -€5,395
- Financial fixed assets -€1,000
no longer reported in 2025 (was €1,000)
- Profit (loss) carried forward +€19,000
up €19,000 (+71.7%), from €26,509 to €45,509
- Trade debts +€2,097
up €2,097 (+173%), from €1,210 to €3,307
- Gross operating margin +€10,138
up €10,138 (+44.1%), from €22,982 to €33,120
- Depreciation -€6,934
down €6,934 (-63.9%), from €10,843 to €3,909
- Taxes +€2,863
up €2,863 (+72.4%), from €3,952 to €6,815
- Other operating charges +€2,738
up €2,738 (+476%), from €575 to €3,313
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 | €57,531 | €78,628 | +€21,097 | +36.7% |
| Fixed assets | 21/28 | €10,582 | €2,954 | -€7,628 | -72.1% |
| Tangible fixed assets | 22/27 | €9,582 | €2,954 | -€6,628 | -69.2% |
| Plant, machinery and equipment | 23 | €5,900 | €504 | -€5,395 | -91.4% |
| Furniture and vehicles | 24 | €393 | €44 | -€348 | -88.7% |
| Other tangible fixed assets | 26 | €3,289 | €2,405 | -€884 | -26.9% |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €46,949 | €75,674 | +€28,725 | +61.2% |
| Stocks and contracts in progress | 3 | €522 | - | -€522 | |
| Stocks | 30/36 | €522 | - | -€522 | |
| Amounts receivable within one year | 40/41 | €15,420 | €8,235 | -€7,184 | -46.6% |
| Trade receivables | 40 | €6,084 | - | -€6,084 | |
| Other amounts receivable | 41 | €9,336 | €8,235 | -€1,101 | -11.8% |
| Cash at bank and in hand | 54/58 | €31,007 | €67,438 | +€36,431 | +117% |
| Total equity and liabilities | 10/49 | €57,531 | €78,628 | +€21,097 | +36.7% |
| Equity | 10/15 | €56,321 | €75,320 | +€19,000 | +33.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,219 | €11,219 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,360 | €9,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,509 | €45,509 | +€19,000 | +71.7% |
| Amounts payable | 17/49 | €1,210 | €3,307 | +€2,097 | +173% |
| Amounts payable within one year | 42/48 | €1,210 | €3,307 | +€2,097 | +173% |
| Trade debts | 44 | €1,210 | €3,307 | +€2,097 | +173% |
| Suppliers | 440/4 | €1,210 | €3,307 | +€2,097 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,843 | €3,909 | -€6,934 | -63.9% |
| Other operating charges | 640/8 | €575 | €3,313 | +€2,738 | +476% |
| Gross operating margin | 9900 | €22,982 | €33,120 | +€10,138 | +44.1% |
| Operating profit (loss) | 9901 | €11,564 | €25,899 | +€14,334 | +124% |
| Financial income | 75/76B | €225 | €50 | -€176 | -77.9% |
| Recurring financial income | 75 | €225 | €50 | -€176 | -77.9% |
| Financial charges | 65/66B | €165 | €134 | -€32 | -19.1% |
| Recurring financial charges | 65 | €165 | €134 | -€32 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €11,625 | €25,815 | +€14,190 | +122% |
| Income taxes | 67/77 | €3,952 | €6,815 | +€2,863 | +72.4% |
| Profit (loss) for the period | 9904 | €7,673 | €19,000 | +€11,327 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €7,673 | €19,000 | +€11,327 | +148% |
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 20 October 2026 via checked.be.