COSTELLO: 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.
COSTELLO
Largest movements
- Stocks and contracts +€932,886
new in 2024: €932,886
- Receivables within one year +€21,726
up €21,726 (+132.0%), from €16,461 to €38,187
of which Other amounts receivable: +€21,726
- Trade debts +€1.2m
up €1.2m (+77951.0%), from €1,548 to €1.2m
- Profit (loss) carried forward -€240,418
down €240,418 (-9652.1%), from -€2,491 to -€242,909
- Advances received -€20,009
no longer reported in 2024 (was €20,009)
- Gross operating margin -€196,046
down €196,046 (-12527.5%), from -€1,565 to -€197,611
- Other operating charges +€42,470
new in 2024: €42,470
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 | €20,066 | €972,943 | +€952,877 | +4748.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €158 | €963 | +€805 | +509.7% |
| Tangible fixed assets | 22/27 | - | €805 | +€805 | |
| Plant, machinery and equipment | 23 | - | €805 | +€805 | |
| Financial fixed assets | 28 | €158 | €158 | = | 0.0% |
| Current assets | 29/58 | €19,908 | €971,980 | +€952,072 | +4782.4% |
| Stocks and contracts in progress | 3 | - | €932,886 | +€932,886 | |
| Stocks | 30/36 | - | €932,886 | +€932,886 | |
| Amounts receivable within one year | 40/41 | €16,461 | €38,187 | +€21,726 | +132.0% |
| Trade receivables | 40 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,461 | €23,187 | +€21,726 | +1487.2% |
| Cash at bank and in hand | 54/58 | €3,447 | €907 | -€2,540 | -73.7% |
| Total equity and liabilities | 10/49 | €20,066 | €972,943 | +€952,877 | +4748.7% |
| Equity | 10/15 | -€1,491 | -€241,909 | -€240,418 | -16126.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,491 | -€242,909 | -€240,418 | -9652.1% |
| Amounts payable | 17/49 | €21,557 | €1,214,852 | +€1.2m | +5535.6% |
| Amounts payable within one year | 42/48 | €21,557 | €1,214,852 | +€1.2m | +5535.6% |
| Trade debts | 44 | €1,548 | €1,208,097 | +€1.2m | +77951.0% |
| Suppliers | 440/4 | €1,548 | €1,208,097 | +€1.2m | +77951.0% |
| Advances received on contracts in progress | 46 | €20,009 | - | -€20,009 | |
| Taxes, remuneration and social security | 45 | €0 | €6,755 | +€6,755 | |
| Taxes | 450/3 | - | €6,755 | +€6,755 | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €926 | €229 | -€697 | -75.3% |
| Other operating charges | 640/8 | - | €42,470 | +€42,470 | |
| Gross operating margin | 9900 | -€1,565 | -€197,611 | -€196,046 | -12527.5% |
| Operating profit (loss) | 9901 | -€2,491 | -€240,309 | -€237,819 | -9547.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €109 | +€109 | |
| Recurring financial charges | 65 | - | €109 | +€109 | |
| Profit (loss) for the period before taxes | 9903 | -€2,491 | -€240,418 | -€237,927 | -9552.1% |
| Profit (loss) for the period | 9904 | -€2,491 | -€240,418 | -€237,927 | -9552.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,491 | -€240,418 | -€237,927 | -9552.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.