COSTHUNTER: 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.
COSTHUNTER
Largest movements
- Financial fixed assets -€50,000
down €50,000 (-98.9%), from €50,563 to €563
- Stocks and contracts +€10,560
new in 2025: €10,560
- Cash -€8,898
down €8,898 (-51.1%), from €17,419 to €8,521
mainly Net result for the year (-€48,663) and Stocks and contracts (-€10,560)
- Receivables within one year -€4,240
down €4,240 (-20.9%), from €20,254 to €16,014
of which Other amounts receivable: -€7,658
- Deferred charges and accrued income -€1,538
down €1,538 (-88.2%), from €1,745 to €206
- Profit (loss) carried forward -€48,663
down €48,663, from €42,659 to -€6,004
- Tax, wage and social debts -€3,668
down €3,668 (-60.7%), from €6,040 to €2,371
- Other debts -€2,846
down €2,846 (-34.6%), from €8,236 to €5,390
- Accrued charges and deferred income +€1,704
up €1,704 (+153%), from €1,112 to €2,816
- Financial charges +€49,133
up €49,133 (+1,261%), from €3,895 to €53,029
of which Non-recurring financial charges: +€50,000
- Gross operating margin -€4,810
down €4,810 (-51.1%), from €9,416 to €4,606
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Taxes +€155
up €155 (+180%), from €86 to €241
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 | €89,980 | €35,864 | -€54,115 | -60.1% |
| Fixed assets | 21/28 | €50,563 | €563 | -€50,000 | -98.9% |
| Financial fixed assets | 28 | €50,563 | €563 | -€50,000 | -98.9% |
| Current assets | 29/58 | €39,417 | €35,302 | -€4,115 | -10.4% |
| Stocks and contracts in progress | 3 | - | €10,560 | +€10,560 | |
| Stocks | 30/36 | - | €10,560 | +€10,560 | |
| Amounts receivable within one year | 40/41 | €20,254 | €16,014 | -€4,240 | -20.9% |
| Trade receivables | 40 | €750 | €4,168 | +€3,418 | +456% |
| Other amounts receivable | 41 | €19,504 | €11,846 | -€7,658 | -39.3% |
| Cash at bank and in hand | 54/58 | €17,419 | €8,521 | -€8,898 | -51.1% |
| Deferred charges and accrued income | 490/1 | €1,745 | €206 | -€1,538 | -88.2% |
| Total equity and liabilities | 10/49 | €89,980 | €35,864 | -€54,115 | -60.1% |
| Equity | 10/15 | €72,919 | €24,256 | -€48,663 | -66.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €17,860 | €17,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,659 | -€6,004 | -€48,663 | |
| Amounts payable | 17/49 | €17,060 | €11,608 | -€5,452 | -32.0% |
| Amounts payable within one year | 42/48 | €15,948 | €8,793 | -€7,156 | -44.9% |
| Trade debts | 44 | €1,673 | €1,032 | -€641 | -38.3% |
| Suppliers | 440/4 | €1,673 | €1,032 | -€641 | -38.3% |
| Taxes, remuneration and social security | 45 | €6,040 | €2,371 | -€3,668 | -60.7% |
| Taxes | 450/3 | €6,040 | €2,371 | -€3,668 | -60.7% |
| Other amounts payable | 47/48 | €8,236 | €5,390 | -€2,846 | -34.6% |
| Accrued charges and deferred income | 492/3 | €1,112 | €2,816 | +€1,704 | +153% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €9,416 | €4,606 | -€4,810 | -51.1% |
| Operating profit (loss) | 9901 | €9,029 | €4,606 | -€4,423 | -49.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,895 | €53,029 | +€49,133 | +1,261% |
| Recurring financial charges | 65 | €3,895 | €3,029 | -€867 | -22.3% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €5,133 | -€48,422 | -€53,555 | |
| Income taxes | 67/77 | €86 | €241 | +€155 | +180% |
| Profit (loss) for the period | 9904 | €5,047 | -€48,663 | -€53,710 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,047 | -€48,663 | -€53,710 |
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 21 October 2026 via checked.be.