Costar: 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.
Costar
Largest movements
- Stocks and contracts -€994,110
down €994,110 (-64.9%), from €1.5m to €538,595
- Cash -€234,330
down €234,330 (-100.0%), from €234,337 to €7
mainly Short-term financial debts (-€1.0m) and Other debts (-€117,879)
- Short-term financial debts -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Other debts -€117,879
down €117,879 (-23.9%), from €492,470 to €374,591
- Profit (loss) carried forward -€59,654
down €59,654 (-91.0%), from -€65,565 to -€125,219
- Financial charges -€29,929
down €29,929 (-34.4%), from €87,044 to €57,115
- Gross operating margin -€24,192
down €24,192 (-89.9%), from €26,909 to €2,717
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,768,925 | €539,495 | -€1.2m | -69.5% |
| Current assets | 29/58 | €1,768,925 | €539,495 | -€1.2m | -69.5% |
| Stocks and contracts in progress | 3 | €1,532,705 | €538,595 | -€994,110 | -64.9% |
| Stocks | 30/36 | €1,532,705 | €538,595 | -€994,110 | -64.9% |
| Amounts receivable within one year | 40/41 | €1,201 | €0 | -€1,201 | -100.0% |
| Trade receivables | 40 | €1,201 | €0 | -€1,201 | -100.0% |
| Cash at bank and in hand | 54/58 | €234,337 | €7 | -€234,330 | -100.0% |
| Deferred charges and accrued income | 490/1 | €682 | €894 | +€212 | +31.1% |
| Total equity and liabilities | 10/49 | €1,768,925 | €539,495 | -€1.2m | -69.5% |
| Equity | 10/15 | -€35,565 | -€95,219 | -€59,654 | -167.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,565 | -€125,219 | -€59,654 | -91.0% |
| Amounts payable | 17/49 | €1,804,490 | €634,714 | -€1.2m | -64.8% |
| Amounts payable within one year | 42/48 | €1,778,643 | €610,507 | -€1.2m | -65.7% |
| Financial debts | 43 | €1,048,000 | €0 | -€1.0m | -100.0% |
| Credit institutions | 430/8 | €1,048,000 | €0 | -€1.0m | -100.0% |
| Trade debts | 44 | €238,172 | €235,915 | -€2,257 | -0.9% |
| Suppliers | 440/4 | €238,172 | €235,915 | -€2,257 | -0.9% |
| Other amounts payable | 47/48 | €492,470 | €374,591 | -€117,879 | -23.9% |
| Accrued charges and deferred income | 492/3 | €25,848 | €24,207 | -€1,640 | -6.3% |
| Other operating charges | 640/8 | €5,430 | €5,282 | -€148 | -2.7% |
| Gross operating margin | 9900 | €26,909 | €2,717 | -€24,192 | -89.9% |
| Operating profit (loss) | 9901 | €21,479 | -€2,565 | -€24,044 | |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €87,044 | €57,115 | -€29,929 | -34.4% |
| Recurring financial charges | 65 | €87,044 | €57,115 | -€29,929 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | -€65,565 | -€59,654 | +€5,911 | +9.0% |
| Profit (loss) for the period | 9904 | -€65,565 | -€59,654 | +€5,911 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,565 | -€59,654 | +€5,911 | +9.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.