CoSquare: 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.
CoSquare
Largest movements
- Receivables within one year -€44,429
down €44,429 (-67.7%), from €65,583 to €21,154
of which Trade receivables: -€63,542
- Cash +€36,243
up €36,243 (+16.5%), from €220,100 to €256,342
mainly Other debts (+€227,312) and Receivables within one year (+€44,429)
- Tangible fixed assets -€14,294
down €14,294 (-38.0%), from €37,593 to €23,299
- Other debts +€227,312
up €227,312 (+1,767%), from €12,865 to €240,177
- Profit (loss) carried forward -€199,334
down €199,334 (-77.0%), from €258,940 to €59,607
- Tax, wage and social debts -€49,724
down €49,724 (-99.5%), from €49,964 to €240
- Gross operating margin -€113,603
down €113,603 (-66.3%), from €171,360 to €57,757
- Taxes -€26,531
down €26,531 (-66.3%), from €40,044 to €13,513
- Depreciation -€3,698
down €3,698 (-19.7%), from €18,812 to €15,114
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 | €325,031 | €302,324 | -€22,707 | -7.0% |
| Fixed assets | 21/28 | €37,893 | €23,299 | -€14,594 | -38.5% |
| Tangible fixed assets | 22/27 | €37,593 | €23,299 | -€14,294 | -38.0% |
| Furniture and vehicles | 24 | €37,593 | €23,299 | -€14,294 | -38.0% |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €287,138 | €279,025 | -€8,113 | -2.8% |
| Amounts receivable within one year | 40/41 | €65,583 | €21,154 | -€44,429 | -67.7% |
| Trade receivables | 40 | €65,583 | €2,042 | -€63,542 | -96.9% |
| Other amounts receivable | 41 | - | €19,113 | +€19,113 | |
| Cash at bank and in hand | 54/58 | €220,100 | €256,342 | +€36,243 | +16.5% |
| Deferred charges and accrued income | 490/1 | €1,455 | €1,528 | +€73 | +5.0% |
| Total equity and liabilities | 10/49 | €325,031 | €302,324 | -€22,707 | -7.0% |
| Equity | 10/15 | €260,940 | €61,607 | -€199,334 | -76.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,940 | €59,607 | -€199,334 | -77.0% |
| Amounts payable | 17/49 | €64,090 | €240,717 | +€176,627 | +276% |
| Amounts payable within one year | 42/48 | €64,090 | €240,717 | +€176,627 | +276% |
| Trade debts | 44 | €1,261 | €300 | -€961 | -76.2% |
| Suppliers | 440/4 | €1,261 | €300 | -€961 | -76.2% |
| Taxes, remuneration and social security | 45 | €49,964 | €240 | -€49,724 | -99.5% |
| Taxes | 450/3 | €49,964 | €240 | -€49,724 | -99.5% |
| Other amounts payable | 47/48 | €12,865 | €240,177 | +€227,312 | +1,767% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,812 | €15,114 | -€3,698 | -19.7% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €171,360 | €57,757 | -€113,603 | -66.3% |
| Operating profit (loss) | 9901 | €152,548 | €42,244 | -€110,304 | -72.3% |
| Financial income | 75/76B | €2,316 | €2,086 | -€230 | -9.9% |
| Recurring financial income | 75 | €2,316 | €2,086 | -€230 | -9.9% |
| Financial charges | 65/66B | €143 | €150 | +€7 | +5.1% |
| Recurring financial charges | 65 | €143 | €150 | +€7 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €154,721 | €44,179 | -€110,542 | -71.4% |
| Income taxes | 67/77 | €40,044 | €13,513 | -€26,531 | -66.3% |
| Profit (loss) for the period | 9904 | €114,677 | €30,666 | -€84,011 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €114,677 | €30,666 | -€84,011 | -73.3% |
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 22 October 2026 via checked.be.