COSTA ISOLATION: 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.
COSTA ISOLATION
Largest movements
- Receivables within one year +€372,517
up €372,517 (+143%), from €260,226 to €632,743
of which Trade receivables: +€366,468
- Cash -€43,841
down €43,841 (-88.7%), from €49,421 to €5,580
mainly Receivables within one year (-€372,517) and Current portion of long-term debt (-€77,584)
- Stocks and contracts +€39,157
up €39,157 (+55.4%), from €70,627 to €109,784
- Tangible fixed assets +€18,879
up €18,879 (+70.7%), from €26,715 to €45,594
of which Land and buildings: +€24,706
- Deferred charges and accrued income +€16,888
up €16,888 (+512%), from €3,300 to €20,188
- Trade debts +€285,625
up €285,625 (+339%), from €84,159 to €369,785
- Other debts +€84,354
up €84,354 (+3,076%), from €2,743 to €87,096
- Short-term financial debts +€78,456
new in 2025: €78,456
- Current portion of long-term debt -€77,584
down €77,584 (-91.6%), from €84,707 to €7,122
- Tax, wage and social debts -€72,178
down €72,178 (-62.9%), from €114,712 to €42,535
of which Remuneration and social security: -€65,753
- Gross operating margin +€66,888
up €66,888 (+46.2%), from €144,733 to €211,621
- Staff costs +€30,130
up €30,130 (+39.2%), from €76,789 to €106,919
- Taxes -€8,348
down €8,348 (-67.5%), from €12,372 to €4,024
- Financial charges +€3,255
up €3,255 (+27.2%), from €11,979 to €15,234
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 | €422,034 | €829,130 | +€407,096 | +96.5% |
| Fixed assets | 21/28 | €38,460 | €60,836 | +€22,375 | +58.2% |
| Tangible fixed assets | 22/27 | €26,715 | €45,594 | +€18,879 | +70.7% |
| Land and buildings | 22 | - | €24,706 | +€24,706 | |
| Plant, machinery and equipment | 23 | €22,682 | €12,550 | -€10,132 | -44.7% |
| Furniture and vehicles | 24 | €4,033 | €8,337 | +€4,304 | +107% |
| Financial fixed assets | 28 | €11,745 | €15,242 | +€3,497 | +29.8% |
| Current assets | 29/58 | €383,574 | €768,295 | +€384,721 | +100% |
| Stocks and contracts in progress | 3 | €70,627 | €109,784 | +€39,157 | +55.4% |
| Stocks | 30/36 | €70,627 | €109,784 | +€39,157 | +55.4% |
| Amounts receivable within one year | 40/41 | €260,226 | €632,743 | +€372,517 | +143% |
| Trade receivables | 40 | €244,492 | €610,960 | +€366,468 | +150% |
| Other amounts receivable | 41 | €15,734 | €21,782 | +€6,048 | +38.4% |
| Cash at bank and in hand | 54/58 | €49,421 | €5,580 | -€43,841 | -88.7% |
| Deferred charges and accrued income | 490/1 | €3,300 | €20,188 | +€16,888 | +512% |
| Total equity and liabilities | 10/49 | €422,034 | €829,130 | +€407,096 | +96.5% |
| Equity | 10/15 | €133,819 | €199,172 | +€65,353 | +48.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,361 | €16,361 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,361 | €1,361 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,361 | €1,361 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,058 | €170,411 | +€65,353 | +62.2% |
| Amounts payable | 17/49 | €288,215 | €629,959 | +€341,743 | +119% |
| Amounts payable after more than one year | 17 | €1,895 | €44,656 | +€42,761 | +2,257% |
| Financial debts | 170/4 | €1,895 | €44,656 | +€42,761 | +2,257% |
| Amounts payable within one year | 42/48 | €286,321 | €585,142 | +€298,821 | +104% |
| Current portion of amounts payable after more than one year | 42 | €84,707 | €7,122 | -€77,584 | -91.6% |
| Financial debts | 43 | - | €78,456 | +€78,456 | |
| Credit institutions | 430/8 | - | €78,456 | +€78,456 | |
| Trade debts | 44 | €84,159 | €369,785 | +€285,625 | +339% |
| Suppliers | 440/4 | €84,159 | €369,785 | +€285,625 | +339% |
| Advances received on contracts in progress | 46 | - | €148 | +€148 | |
| Taxes, remuneration and social security | 45 | €114,712 | €42,535 | -€72,178 | -62.9% |
| Taxes | 450/3 | €33,356 | €26,931 | -€6,425 | -19.3% |
| Remuneration and social security | 454/9 | €81,356 | €15,604 | -€65,753 | -80.8% |
| Other amounts payable | 47/48 | €2,743 | €87,096 | +€84,354 | +3,076% |
| Accrued charges and deferred income | 492/3 | - | €161 | +€161 | |
| Non-recurring operating income | 76A | €2,761 | €23,719 | +€20,958 | +759% |
| Remuneration, social security and pensions | 62 | €76,789 | €106,919 | +€30,130 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,040 | €16,332 | +€1,292 | +8.6% |
| Other operating charges | 640/8 | €4,835 | €5,015 | +€180 | +3.7% |
| Gross operating margin | 9900 | €144,733 | €211,621 | +€66,888 | +46.2% |
| Operating profit (loss) | 9901 | €48,069 | €83,355 | +€35,286 | +73.4% |
| Financial income | 75/76B | €10 | €34 | +€24 | +244% |
| Recurring financial income | 75 | €10 | €34 | +€24 | +244% |
| Financial charges | 65/66B | €11,979 | €15,234 | +€3,255 | +27.2% |
| Recurring financial charges | 65 | €11,979 | €15,234 | +€3,255 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €36,100 | €68,154 | +€32,055 | +88.8% |
| Income taxes | 67/77 | €12,372 | €4,024 | -€8,348 | -67.5% |
| Profit (loss) for the period | 9904 | €23,727 | €64,130 | +€40,403 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €23,727 | €64,130 | +€40,403 | +170% |
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 14 October 2026 via checked.be.