COSSYNS: 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.
COSSYNS
Largest movements
- Receivables after one year -€170,761
down €170,761 (-32.5%), from €524,826 to €354,065
- Receivables within one year +€9,444
up €9,444 (+27.9%), from €33,838 to €43,282
of which Trade receivables: +€10,753
- Other debts -€109,318
down €109,318 (-41.8%), from €261,788 to €152,470
- Reserves -€48,212
down €48,212 (-8.8%), from €545,035 to €496,823
of which Distributable reserves: -€48,212
- Financial charges +€63,000
up €63,000 (+17415.3%), from €362 to €63,362
of which Non-recurring financial charges: +€63,211
- Gross operating margin +€42,720
up €42,720, from -€24,783 to €17,937
- Financial income -€7,487
down €7,487 (-72.8%), from €10,291 to €2,803
- Other operating charges +€454
up €454 (+61.0%), from €745 to €1,199
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 | €842,570 | €680,372 | -€162,198 | -19.3% |
| Fixed assets | 21/28 | €281,811 | €277,418 | -€4,392 | -1.6% |
| Tangible fixed assets | 22/27 | €6,558 | €2,166 | -€4,392 | -67.0% |
| Plant, machinery and equipment | 23 | €608 | €316 | -€292 | -48.0% |
| Furniture and vehicles | 24 | €5,951 | €1,850 | -€4,100 | -68.9% |
| Financial fixed assets | 28 | €275,252 | €275,252 | = | 0.0% |
| Current assets | 29/58 | €560,759 | €402,953 | -€157,806 | -28.1% |
| Amounts receivable after more than one year | 29 | €524,826 | €354,065 | -€170,761 | -32.5% |
| Other amounts receivable | 291 | €524,826 | €354,065 | -€170,761 | -32.5% |
| Stocks and contracts in progress | 3 | €1,150 | €1,150 | = | 0.0% |
| Stocks | 30/36 | €1,150 | €1,150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,838 | €43,282 | +€9,444 | +27.9% |
| Trade receivables | 40 | €31,736 | €42,488 | +€10,753 | +33.9% |
| Other amounts receivable | 41 | €2,102 | €794 | -€1,309 | -62.2% |
| Cash at bank and in hand | 54/58 | €945 | €4,456 | +€3,511 | +371.3% |
| Total equity and liabilities | 10/49 | €842,570 | €680,372 | -€162,198 | -19.3% |
| Equity | 10/15 | €563,627 | €515,415 | -€48,212 | -8.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €545,035 | €496,823 | -€48,212 | -8.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €543,176 | €494,964 | -€48,212 | -8.9% |
| Amounts payable | 17/49 | €278,942 | €164,957 | -€113,986 | -40.9% |
| Amounts payable within one year | 42/48 | €278,942 | €164,957 | -€113,986 | -40.9% |
| Trade debts | 44 | €11,052 | €7,522 | -€3,530 | -31.9% |
| Suppliers | 440/4 | €11,052 | €7,522 | -€3,530 | -31.9% |
| Taxes, remuneration and social security | 45 | €6,102 | €4,964 | -€1,138 | -18.6% |
| Taxes | 450/3 | €301 | €301 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,801 | €4,664 | -€1,138 | -19.6% |
| Other amounts payable | 47/48 | €261,788 | €152,470 | -€109,318 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,428 | €4,392 | -€36 | -0.8% |
| Other operating charges | 640/8 | €745 | €1,199 | +€454 | +61.0% |
| Gross operating margin | 9900 | -€24,783 | €17,937 | +€42,720 | |
| Operating profit (loss) | 9901 | -€29,957 | €12,346 | +€42,303 | |
| Financial income | 75/76B | €10,291 | €2,803 | -€7,487 | -72.8% |
| Recurring financial income | 75 | €10,291 | €2,803 | -€7,487 | -72.8% |
| Financial charges | 65/66B | €362 | €63,362 | +€63,000 | +17415.3% |
| Recurring financial charges | 65 | €362 | €151 | -€211 | -58.3% |
| Non-recurring financial charges | 66B | - | €63,211 | +€63,211 | |
| Profit (loss) for the period before taxes | 9903 | -€20,028 | -€48,212 | -€28,185 | -140.7% |
| Profit (loss) for the period | 9904 | -€20,028 | -€48,212 | -€28,185 | -140.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,028 | -€48,212 | -€28,185 | -140.7% |
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 3 October 2026 via checked.be.