COSUMA: 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.
COSUMA
Largest movements
- Cash -€66,116
down €66,116 (-47.7%), from €138,711 to €72,595
mainly Trade debts (-€122,019) and Advances received (-€44,521)
- Receivables within one year -€17,054
down €17,054 (-21.8%), from €78,239 to €61,185
of which Trade receivables: -€45,771
- Stocks and contracts -€7,791
down €7,791 (-6.8%), from €114,423 to €106,632
of which Contracts in progress: -€7,987
- Tangible fixed assets -€6,196
down €6,196 (-58.0%), from €10,678 to €4,482
- Trade debts -€122,019
down €122,019 (-40.5%), from €301,635 to €179,617
- Advances received -€44,521
down €44,521 (-21.0%), from €211,669 to €167,148
- Profit (loss) carried forward +€42,831
up €42,831 (+16.8%), from -€254,801 to -€211,970
- Tax, wage and social debts +€21,145
up €21,145 (+33.4%), from €63,342 to €84,487
of which Remuneration and social security: +€14,583
- Other debts +€6,279
up €6,279 (+87.9%), from €7,140 to €13,418
- Gross operating margin +€121,036
up €121,036 (+43.7%), from €277,085 to €398,121
- Staff costs -€31,885
down €31,885 (-8.7%), from €366,698 to €334,812
- Other operating charges +€5,702
up €5,702 (+594%), from €960 to €6,662
From the 31-12-2022 result to the 31-12-2023 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 31-12-2022 and 31-12-2023 balance sheets and the 31-12-2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2022 | 31-12-2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €349,792 | €253,507 | -€96,285 | -27.5% |
| Fixed assets | 21/28 | €13,762 | €7,565 | -€6,196 | -45.0% |
| Tangible fixed assets | 22/27 | €10,678 | €4,482 | -€6,196 | -58.0% |
| Furniture and vehicles | 24 | €10,678 | €4,482 | -€6,196 | -58.0% |
| Financial fixed assets | 28 | €3,083 | €3,083 | = | 0.0% |
| Current assets | 29/58 | €336,031 | €245,942 | -€90,089 | -26.8% |
| Stocks and contracts in progress | 3 | €114,423 | €106,632 | -€7,791 | -6.8% |
| Stocks | 30/36 | €22,726 | €22,922 | +€196 | +0.9% |
| Contracts in progress | 37 | €91,697 | €83,710 | -€7,987 | -8.7% |
| Amounts receivable within one year | 40/41 | €78,239 | €61,185 | -€17,054 | -21.8% |
| Trade receivables | 40 | €78,182 | €32,411 | -€45,771 | -58.5% |
| Other amounts receivable | 41 | €57 | €28,774 | +€28,717 | +50,257% |
| Cash at bank and in hand | 54/58 | €138,711 | €72,595 | -€66,116 | -47.7% |
| Deferred charges and accrued income | 490/1 | €4,658 | €5,529 | +€871 | +18.7% |
| Total equity and liabilities | 10/49 | €349,792 | €253,507 | -€96,285 | -27.5% |
| Equity | 10/15 | -€234,341 | -€191,510 | +€42,831 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€254,801 | -€211,970 | +€42,831 | +16.8% |
| Amounts payable | 17/49 | €584,134 | €445,017 | -€139,116 | -23.8% |
| Amounts payable within one year | 42/48 | €583,786 | €444,670 | -€139,116 | -23.8% |
| Trade debts | 44 | €301,635 | €179,617 | -€122,019 | -40.5% |
| Suppliers | 440/4 | €301,635 | €179,617 | -€122,019 | -40.5% |
| Advances received on contracts in progress | 46 | €211,669 | €167,148 | -€44,521 | -21.0% |
| Taxes, remuneration and social security | 45 | €63,342 | €84,487 | +€21,145 | +33.4% |
| Taxes | 450/3 | €21,941 | €28,503 | +€6,563 | +29.9% |
| Remuneration and social security | 454/9 | €41,401 | €55,984 | +€14,583 | +35.2% |
| Other amounts payable | 47/48 | €7,140 | €13,418 | +€6,279 | +87.9% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €366,698 | €334,812 | -€31,885 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,001 | €6,196 | -€1,805 | -22.6% |
| Other operating charges | 640/8 | €960 | €6,662 | +€5,702 | +594% |
| Gross operating margin | 9900 | €277,085 | €398,121 | +€121,036 | +43.7% |
| Operating profit (loss) | 9901 | -€98,574 | €50,450 | +€149,025 | |
| Financial income | 75/76B | €1,892 | €587 | -€1,305 | -69.0% |
| Recurring financial income | 75 | €1,892 | €587 | -€1,305 | -69.0% |
| Financial charges | 65/66B | €5,931 | €5,073 | -€858 | -14.5% |
| Recurring financial charges | 65 | €5,931 | €5,073 | -€858 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€102,614 | €45,964 | +€148,578 | |
| Income taxes | 67/77 | €149 | €3,133 | +€2,984 | +2,000% |
| Profit (loss) for the period | 9904 | -€102,763 | €42,831 | +€145,594 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,763 | €42,831 | +€145,594 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.