COSTERSVELD: 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.
COSTERSVELD
Largest movements
- Cash -€13,495
down €13,495 (-15.6%), from €86,763 to €73,268
mainly Investment in fixed assets (net) (-€54,189) and Debts after one year (-€40,456)
- Receivables within one year -€9,993
down €9,993 (-10.6%), from €94,623 to €84,630
of which Trade receivables: -€17,359
- Debts after one year -€40,456
down €40,456 (-60.0%), from €67,403 to €26,947
- Current portion of long-term debt -€7,767
down €7,767 (-16.1%), from €48,223 to €40,456
- Gross operating margin -€45,798
down €45,798 (-38.1%), from €120,186 to €74,388
- Taxes -€11,642
down €11,642 (-77.6%), from €14,999 to €3,357
- Other operating charges -€5,234
down €5,234 (-69.6%), from €7,522 to €2,288
- Depreciation +€4,911
up €4,911 (+9.1%), from €54,140 to €59,050
- Financial income +€2,616
up €2,616 (+12,367%), from €21 to €2,637
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 | €734,791 | €700,036 | -€34,755 | -4.7% |
| Fixed assets | 21/28 | €355,942 | €351,080 | -€4,862 | -1.4% |
| Tangible fixed assets | 22/27 | €355,942 | €351,080 | -€4,862 | -1.4% |
| Land and buildings | 22 | €258,869 | €253,198 | -€5,671 | -2.2% |
| Plant, machinery and equipment | 23 | €7,281 | €8,974 | +€1,694 | +23.3% |
| Furniture and vehicles | 24 | €71,666 | €40,431 | -€31,236 | -43.6% |
| Other tangible fixed assets | 26 | €18,126 | €48,478 | +€30,351 | +167% |
| Current assets | 29/58 | €378,849 | €348,956 | -€29,893 | -7.9% |
| Stocks and contracts in progress | 3 | €189,653 | €186,943 | -€2,710 | -1.4% |
| Stocks | 30/36 | €189,653 | €186,943 | -€2,710 | -1.4% |
| Amounts receivable within one year | 40/41 | €94,623 | €84,630 | -€9,993 | -10.6% |
| Trade receivables | 40 | €54,428 | €37,069 | -€17,359 | -31.9% |
| Other amounts receivable | 41 | €40,195 | €47,560 | +€7,366 | +18.3% |
| Cash at bank and in hand | 54/58 | €86,763 | €73,268 | -€13,495 | -15.6% |
| Deferred charges and accrued income | 490/1 | €7,810 | €4,115 | -€3,696 | -47.3% |
| Total equity and liabilities | 10/49 | €734,791 | €700,036 | -€34,755 | -4.7% |
| Equity | 10/15 | €578,731 | €585,364 | +€6,633 | +1.1% |
| Contributions | 10/11 | €201,000 | €201,000 | = | 0.0% |
| Reserves | 13 | €377,731 | €384,364 | +€6,633 | +1.8% |
| Distributable reserves | 133 | €377,731 | €384,364 | +€6,633 | +1.8% |
| Amounts payable | 17/49 | €156,060 | €114,672 | -€41,388 | -26.5% |
| Amounts payable after more than one year | 17 | €67,403 | €26,947 | -€40,456 | -60.0% |
| Financial debts | 170/4 | €67,403 | €26,947 | -€40,456 | -60.0% |
| Amounts payable within one year | 42/48 | €88,657 | €87,603 | -€1,054 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €48,223 | €40,456 | -€7,767 | -16.1% |
| Trade debts | 44 | €26,369 | €29,767 | +€3,398 | +12.9% |
| Suppliers | 440/4 | €26,369 | €29,767 | +€3,398 | +12.9% |
| Advances received on contracts in progress | 46 | €780 | €1,087 | +€307 | +39.4% |
| Taxes, remuneration and social security | 45 | €13,285 | €16,293 | +€3,009 | +22.6% |
| Taxes | 450/3 | €13,285 | €16,293 | +€3,009 | +22.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Non-recurring operating income | 76A | €40,337 | €0 | -€40,337 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,140 | €59,050 | +€4,911 | +9.1% |
| Other operating charges | 640/8 | €7,522 | €2,288 | -€5,234 | -69.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €120,186 | €74,388 | -€45,798 | -38.1% |
| Operating profit (loss) | 9901 | €58,524 | €13,049 | -€45,475 | -77.7% |
| Financial income | 75/76B | €21 | €2,637 | +€2,616 | +12,367% |
| Recurring financial income | 75 | €21 | €2,637 | +€2,616 | +12,367% |
| Financial charges | 65/66B | €6,482 | €5,696 | -€786 | -12.1% |
| Recurring financial charges | 65 | €6,482 | €5,696 | -€786 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €52,064 | €9,990 | -€42,074 | -80.8% |
| Income taxes | 67/77 | €14,999 | €3,357 | -€11,642 | -77.6% |
| Profit (loss) for the period | 9904 | €37,065 | €6,633 | -€30,432 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,065 | €6,633 | -€30,432 | -82.1% |
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 25 October 2026 via checked.be.