COSTENOBLE: 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.
COSTENOBLE
Largest movements
- Tangible fixed assets -€38,631
down €38,631 (-4.3%), from €891,891 to €853,260
of which Land and buildings: -€36,341
- Receivables within one year -€19,647
down €19,647 (-99.0%), from €19,841 to €194
of which Trade receivables: -€19,841
- Reserves -€32,889
down €32,889 (-17.9%), from €183,696 to €150,807
- Trade debts -€17,675
down €17,675 (-95.4%), from €18,522 to €847
- Accrued charges and deferred income -€16,705
down €16,705 (-76.9%), from €21,717 to €5,012
- Other debts +€13,145
up €13,145 (+2.5%), from €520,367 to €533,512
- Financial charges -€20,215
down €20,215 (-83.0%), from €24,345 to €4,130
- Gross operating margin +€14,966
up €14,966 (+119.1%), from €12,562 to €27,528
- Taxes +€482
up €482 (+207.9%), from €232 to €714
- Other operating charges +€407
up €407 (+4.6%), from €8,816 to €9,223
- Depreciation -€388
down €388 (-0.8%), from €46,737 to €46,349
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 | €915,599 | €860,110 | -€55,489 | -6.1% |
| Fixed assets | 21/28 | €892,263 | €853,632 | -€38,631 | -4.3% |
| Tangible fixed assets | 22/27 | €891,891 | €853,260 | -€38,631 | -4.3% |
| Land and buildings | 22 | €865,729 | €829,388 | -€36,341 | -4.2% |
| Plant, machinery and equipment | 23 | €16,727 | €15,112 | -€1,614 | -9.7% |
| Furniture and vehicles | 24 | €9,435 | €8,760 | -€675 | -7.2% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €23,337 | €6,478 | -€16,859 | -72.2% |
| Amounts receivable within one year | 40/41 | €19,841 | €194 | -€19,647 | -99.0% |
| Trade receivables | 40 | €19,841 | - | -€19,841 | |
| Other amounts receivable | 41 | €0 | €194 | +€194 | |
| Cash at bank and in hand | 54/58 | €2,369 | €4,761 | +€2,391 | +100.9% |
| Deferred charges and accrued income | 490/1 | €1,127 | €1,524 | +€397 | +35.2% |
| Total equity and liabilities | 10/49 | €915,599 | €860,110 | -€55,489 | -6.1% |
| Equity | 10/15 | €352,296 | €319,407 | -€32,889 | -9.3% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €183,696 | €150,807 | -€32,889 | -17.9% |
| Distributable reserves | 133 | €183,696 | €150,807 | -€32,889 | -17.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €563,303 | €540,703 | -€22,600 | -4.0% |
| Amounts payable after more than one year | 17 | - | €700 | +€700 | |
| Other amounts payable | 178/9 | - | €700 | +€700 | |
| Amounts payable within one year | 42/48 | €541,586 | €534,991 | -€6,595 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €18,522 | €847 | -€17,675 | -95.4% |
| Suppliers | 440/4 | €18,522 | €847 | -€17,675 | -95.4% |
| Taxes, remuneration and social security | 45 | €2,697 | €632 | -€2,065 | -76.6% |
| Taxes | 450/3 | €2,697 | €632 | -€2,065 | -76.6% |
| Other amounts payable | 47/48 | €520,367 | €533,512 | +€13,145 | +2.5% |
| Accrued charges and deferred income | 492/3 | €21,717 | €5,012 | -€16,705 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,737 | €46,349 | -€388 | -0.8% |
| Other operating charges | 640/8 | €8,816 | €9,223 | +€407 | +4.6% |
| Gross operating margin | 9900 | €12,562 | €27,528 | +€14,966 | +119.1% |
| Operating profit (loss) | 9901 | -€42,991 | -€28,045 | +€14,947 | +34.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €24,345 | €4,130 | -€20,215 | -83.0% |
| Recurring financial charges | 65 | €24,345 | €4,130 | -€20,215 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | -€67,336 | -€32,175 | +€35,161 | +52.2% |
| Income taxes | 67/77 | €232 | €714 | +€482 | +207.9% |
| Profit (loss) for the period | 9904 | -€67,568 | -€32,889 | +€34,679 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,568 | -€32,889 | +€34,679 | +51.3% |
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 12 October 2026 via checked.be.