COSPIL: 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.
COSPIL
Largest movements
- Cash +€76,698
up €76,698 (+108.3%), from €70,793 to €147,491
mainly Net result for the year (+€47,648) and Advances received (+€15,125)
- Receivables within one year -€1,858
down €1,858 (-11.5%), from €16,184 to €14,326
of which Trade receivables: -€2,625
- Profit (loss) carried forward +€47,648
up €47,648 (+72.0%), from €66,141 to €113,789
- Advances received +€15,125
new in 2025: €15,125
- Tax, wage and social debts +€10,780
up €10,780 (+102.7%), from €10,499 to €21,279
- Gross operating margin +€29,387
up €29,387 (+87.2%), from €33,685 to €63,072
- Taxes +€7,113
up €7,113 (+92.1%), from €7,721 to €14,834
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 | €86,977 | €161,817 | +€74,840 | +86.0% |
| Current assets | 29/58 | €86,977 | €161,817 | +€74,840 | +86.0% |
| Amounts receivable within one year | 40/41 | €16,184 | €14,326 | -€1,858 | -11.5% |
| Trade receivables | 40 | €16,184 | €13,559 | -€2,625 | -16.2% |
| Other amounts receivable | 41 | - | €767 | +€767 | |
| Cash at bank and in hand | 54/58 | €70,793 | €147,491 | +€76,698 | +108.3% |
| Total equity and liabilities | 10/49 | €86,977 | €161,817 | +€74,840 | +86.0% |
| Equity | 10/15 | €68,141 | €115,789 | +€47,648 | +69.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,141 | €113,789 | +€47,648 | +72.0% |
| Amounts payable | 17/49 | €18,836 | €46,029 | +€27,193 | +144.4% |
| Amounts payable within one year | 42/48 | €18,836 | €46,029 | +€27,193 | +144.4% |
| Trade debts | 44 | €3,508 | €4,796 | +€1,288 | +36.7% |
| Suppliers | 440/4 | €3,508 | €4,796 | +€1,288 | +36.7% |
| Advances received on contracts in progress | 46 | - | €15,125 | +€15,125 | |
| Taxes, remuneration and social security | 45 | €10,499 | €21,279 | +€10,780 | +102.7% |
| Taxes | 450/3 | €10,499 | €21,279 | +€10,780 | +102.7% |
| Other amounts payable | 47/48 | €4,829 | €4,829 | = | 0.0% |
| Other operating charges | 640/8 | €261 | €520 | +€259 | +99.0% |
| Gross operating margin | 9900 | €33,685 | €63,072 | +€29,387 | +87.2% |
| Operating profit (loss) | 9901 | €33,424 | €62,552 | +€29,128 | +87.1% |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | - | €70 | +€70 | |
| Profit (loss) for the period before taxes | 9903 | €33,424 | €62,482 | +€29,058 | +86.9% |
| Income taxes | 67/77 | €7,721 | €14,834 | +€7,113 | +92.1% |
| Profit (loss) for the period | 9904 | €25,703 | €47,648 | +€21,945 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,703 | €47,648 | +€21,945 | +85.4% |
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 9 October 2026 via checked.be.