Costrin: 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.
Costrin
Largest movements
- Receivables within one year -€15,178
down €15,178 (-99.8%), from €15,203 to €25
of which Trade receivables: -€14,866
- Cash -€13,324
down €13,324 (-44.5%), from €29,951 to €16,627
mainly Other debts (-€28,853) and Debts after one year (-€10,026)
- Tangible fixed assets -€4,493
down €4,493 (-7.8%), from €57,905 to €53,412
of which Furniture and vehicles: -€2,937
- Deferred charges and accrued income +€1,394
up €1,394 (+131%), from €1,067 to €2,461
- Other debts -€28,853
down €28,853 (-88.8%), from €32,474 to €3,621
- Profit (loss) carried forward +€15,865
up €15,865 (+59.0%), from -€26,890 to -€11,025
- Debts after one year -€10,026
down €10,026 (-14.9%), from €67,125 to €57,098
- Tax, wage and social debts -€6,310
down €6,310 (-48.5%), from €13,017 to €6,707
- Trade debts -€2,818
down €2,818 (-48.4%), from €5,827 to €3,008
- Financial charges -€55,324
down €55,324 (-93.3%), from €59,295 to €3,970
- Gross operating margin +€47,024
up €47,024, from -€11,343 to €35,681
- Depreciation +€1,562
up €1,562 (+29.0%), from €5,383 to €6,945
- Other operating charges -€741
down €741 (-42.1%), from €1,762 to €1,020
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 | €106,126 | €74,525 | -€31,601 | -29.8% |
| Fixed assets | 21/28 | €59,905 | €55,412 | -€4,493 | -7.5% |
| Tangible fixed assets | 22/27 | €57,905 | €53,412 | -€4,493 | -7.8% |
| Plant, machinery and equipment | 23 | €1,456 | €1,050 | -€406 | -27.9% |
| Furniture and vehicles | 24 | €45,652 | €42,715 | -€2,937 | -6.4% |
| Other tangible fixed assets | 26 | €10,797 | €9,647 | -€1,150 | -10.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €46,221 | €19,113 | -€27,107 | -58.6% |
| Amounts receivable within one year | 40/41 | €15,203 | €25 | -€15,178 | -99.8% |
| Trade receivables | 40 | €14,866 | €0 | -€14,866 | -100% |
| Other amounts receivable | 41 | €337 | €25 | -€312 | -92.6% |
| Cash at bank and in hand | 54/58 | €29,951 | €16,627 | -€13,324 | -44.5% |
| Deferred charges and accrued income | 490/1 | €1,067 | €2,461 | +€1,394 | +131% |
| Total equity and liabilities | 10/49 | €106,126 | €74,525 | -€31,601 | -29.8% |
| Equity | 10/15 | -€21,890 | -€6,025 | +€15,865 | +72.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,890 | -€11,025 | +€15,865 | +59.0% |
| Amounts payable | 17/49 | €128,016 | €80,551 | -€47,465 | -37.1% |
| Amounts payable after more than one year | 17 | €67,125 | €57,098 | -€10,026 | -14.9% |
| Financial debts | 170/4 | €67,125 | €57,098 | -€10,026 | -14.9% |
| Amounts payable within one year | 42/48 | €60,891 | €23,453 | -€37,439 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €9,533 | €10,026 | +€494 | +5.2% |
| Financial debts | 43 | €41 | €89 | +€48 | +118% |
| Credit institutions | 430/8 | €41 | €89 | +€48 | +118% |
| Trade debts | 44 | €5,827 | €3,008 | -€2,818 | -48.4% |
| Suppliers | 440/4 | €5,827 | €3,008 | -€2,818 | -48.4% |
| Taxes, remuneration and social security | 45 | €13,017 | €6,707 | -€6,310 | -48.5% |
| Taxes | 450/3 | €13,017 | €6,707 | -€6,310 | -48.5% |
| Other amounts payable | 47/48 | €32,474 | €3,621 | -€28,853 | -88.8% |
| Non-recurring operating income | 76A | €8,519 | €0 | -€8,519 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,383 | €6,945 | +€1,562 | +29.0% |
| Other operating charges | 640/8 | €1,762 | €1,020 | -€741 | -42.1% |
| Non-recurring operating charges | 66A | - | €7,660 | +€7,660 | |
| Gross operating margin | 9900 | -€11,343 | €35,681 | +€47,024 | |
| Operating profit (loss) | 9901 | -€18,488 | €20,055 | +€38,543 | |
| Financial income | 75/76B | €3 | €6 | +€3 | +90.2% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +90.2% |
| Financial charges | 65/66B | €59,295 | €3,970 | -€55,324 | -93.3% |
| Recurring financial charges | 65 | €59,295 | €3,970 | -€55,324 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | -€77,779 | €16,091 | +€93,870 | |
| Income taxes | 67/77 | €248 | €226 | -€22 | -8.8% |
| Profit (loss) for the period | 9904 | -€78,027 | €15,865 | +€93,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,027 | €15,865 | +€93,892 |
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.