COSTER Développement: 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.
COSTER Développement
Largest movements
- Cash -€168,872
down €168,872 (-26.3%), from €642,546 to €473,674
mainly Contributions, distributions and other (-€297,089) and Receivables within one year (-€76,374)
- Receivables within one year +€76,374
up €76,374 (+114%), from €67,229 to €143,603
of which Trade receivables: +€41,599
- Current investments +€75,000
up €75,000 (+60.0%), from €125,000 to €200,000
- Reserves -€172,639
down €172,639 (-27.5%), from €628,089 to €455,450
- Other debts +€133,329
up €133,329 (+81.4%), from €163,761 to €297,089
- Financial income -€40,886
down €40,886 (-31.7%), from €129,105 to €88,220
- Gross operating margin -€12,937
down €12,937 (-13.9%), from €93,206 to €80,269
- Taxes -€9,770
down €9,770 (-21.1%), from €46,396 to €36,626
- Financial charges -€4,442
down €4,442 (-88.6%), from €5,013 to €571
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 | €1,703,026 | €1,680,320 | -€22,705 | -1.3% |
| Fixed assets | 21/28 | €864,652 | €863,043 | -€1,608 | -0.2% |
| Tangible fixed assets | 22/27 | €14,144 | €12,535 | -€1,608 | -11.4% |
| Plant, machinery and equipment | 23 | €5,869 | €7,878 | +€2,009 | +34.2% |
| Furniture and vehicles | 24 | €8,275 | €4,657 | -€3,618 | -43.7% |
| Financial fixed assets | 28 | €850,508 | €850,508 | = | 0.0% |
| Current assets | 29/58 | €838,374 | €817,277 | -€21,097 | -2.5% |
| Amounts receivable within one year | 40/41 | €67,229 | €143,603 | +€76,374 | +114% |
| Trade receivables | 40 | €40,000 | €81,599 | +€41,599 | +104% |
| Other amounts receivable | 41 | €27,229 | €62,004 | +€34,775 | +128% |
| Current investments | 50/53 | €125,000 | €200,000 | +€75,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €642,546 | €473,674 | -€168,872 | -26.3% |
| Deferred charges and accrued income | 490/1 | €3,600 | - | -€3,600 | |
| Total equity and liabilities | 10/49 | €1,703,026 | €1,680,320 | -€22,705 | -1.3% |
| Equity | 10/15 | €1,502,813 | €1,330,175 | -€172,639 | -11.5% |
| Contributions | 10/11 | €869,000 | €869,000 | = | 0.0% |
| Reserves | 13 | €628,089 | €455,450 | -€172,639 | -27.5% |
| Distributable reserves | 133 | €628,089 | €455,450 | -€172,639 | -27.5% |
| Profit (loss) carried forward | 14 | €5,725 | €5,725 | = | 0.0% |
| Amounts payable | 17/49 | €200,212 | €350,145 | +€149,933 | +74.9% |
| Amounts payable within one year | 42/48 | €195,245 | €350,145 | +€154,900 | +79.3% |
| Trade debts | 44 | €31,199 | €41,194 | +€9,995 | +32.0% |
| Suppliers | 440/4 | €31,199 | €41,194 | +€9,995 | +32.0% |
| Taxes, remuneration and social security | 45 | €285 | €11,862 | +€11,577 | +4,058% |
| Taxes | 450/3 | €285 | €11,862 | +€11,577 | +4,058% |
| Other amounts payable | 47/48 | €163,761 | €297,089 | +€133,329 | +81.4% |
| Accrued charges and deferred income | 492/3 | €4,967 | - | -€4,967 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,784 | €5,736 | -€48 | -0.8% |
| Other operating charges | 640/8 | €1,074 | €1,105 | +€31 | +2.9% |
| Gross operating margin | 9900 | €93,206 | €80,269 | -€12,937 | -13.9% |
| Operating profit (loss) | 9901 | €86,349 | €73,429 | -€12,920 | -15.0% |
| Financial income | 75/76B | €129,105 | €88,220 | -€40,886 | -31.7% |
| Recurring financial income | 75 | €129,105 | €88,220 | -€40,886 | -31.7% |
| Financial charges | 65/66B | €5,013 | €571 | -€4,442 | -88.6% |
| Recurring financial charges | 65 | €5,013 | €571 | -€4,442 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €210,441 | €161,077 | -€49,364 | -23.5% |
| Income taxes | 67/77 | €46,396 | €36,626 | -€9,770 | -21.1% |
| Profit (loss) for the period | 9904 | €164,044 | €124,451 | -€39,594 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €164,044 | €124,451 | -€39,594 | -24.1% |
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 28 October 2026 via checked.be.