COSYNS: what changed
Two fiscal 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.
COSYNS
Largest movements
- Cash +€13,955
up €13,955 (+56.5%), from €24,678 to €38,634
mainly Depreciation (+€14,223) and Net result for the year (+€12,503)
- Tangible fixed assets -€8,688
down €8,688 (-3.7%), from €232,234 to €223,546
of which Land and buildings: -€7,489
- Reserves +€12,503
up €12,503 (+31.3%), from €39,966 to €52,469
of which Distributable reserves: +€12,503
- Debts after one year -€11,221
down €11,221 (-5.6%), from €198,730 to €187,508
- Gross operating margin +€10,239
up €10,239 (+33.0%), from €31,036 to €41,275
- Taxes +€5,262
up €5,262 (+592.0%), from €889 to €6,151
- Other operating charges -€1,842
down €1,842 (-38.4%), from €4,793 to €2,951
- Financial charges -€924
down €924 (-14.5%), from €6,371 to €5,447
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.
Cash bridge derived
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 | €270,829 | €275,026 | +€4,196 | +1.5% |
| Fixed assets | 21/28 | €232,234 | €223,546 | -€8,688 | -3.7% |
| Tangible fixed assets | 22/27 | €232,234 | €223,546 | -€8,688 | -3.7% |
| Land and buildings | 22 | €229,942 | €222,453 | -€7,489 | -3.3% |
| Plant, machinery and equipment | 23 | €1,481 | €930 | -€551 | -37.2% |
| Furniture and vehicles | 24 | €812 | €163 | -€648 | -79.9% |
| Current assets | 29/58 | €38,595 | €51,479 | +€12,884 | +33.4% |
| Amounts receivable within one year | 40/41 | €1,139 | €68 | -€1,071 | -94.0% |
| Trade receivables | 40 | €1,071 | - | -€1,071 | |
| Other amounts receivable | 41 | €68 | €68 | = | 0.0% |
| Current investments | 50/53 | €12,777 | €12,777 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,678 | €38,634 | +€13,955 | +56.5% |
| Total equity and liabilities | 10/49 | €270,829 | €275,026 | +€4,196 | +1.5% |
| Equity | 10/15 | €52,371 | €64,874 | +€12,503 | +23.9% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €39,966 | €52,469 | +€12,503 | +31.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €38,107 | €50,610 | +€12,503 | +32.8% |
| Amounts payable | 17/49 | €218,458 | €210,151 | -€8,306 | -3.8% |
| Amounts payable after more than one year | 17 | €198,730 | €187,508 | -€11,221 | -5.6% |
| Financial debts | 170/4 | €198,730 | €187,508 | -€11,221 | -5.6% |
| Amounts payable within one year | 42/48 | €17,849 | €21,274 | +€3,425 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €11,021 | €11,221 | +€200 | +1.8% |
| Trade debts | 44 | €4,966 | €5,547 | +€581 | +11.7% |
| Suppliers | 440/4 | €4,966 | €5,547 | +€581 | +11.7% |
| Taxes, remuneration and social security | 45 | €1,477 | €3,066 | +€1,588 | +107.5% |
| Taxes | 450/3 | €1,477 | €3,066 | +€1,588 | +107.5% |
| Other amounts payable | 47/48 | €385 | €1,440 | +€1,055 | +274.0% |
| Accrued charges and deferred income | 492/3 | €1,879 | €1,369 | -€510 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,186 | €14,223 | +€37 | +0.3% |
| Other operating charges | 640/8 | €4,793 | €2,951 | -€1,842 | -38.4% |
| Gross operating margin | 9900 | €31,036 | €41,275 | +€10,239 | +33.0% |
| Operating profit (loss) | 9901 | €12,056 | €24,101 | +€12,044 | +99.9% |
| Financial charges | 65/66B | €6,371 | €5,447 | -€924 | -14.5% |
| Recurring financial charges | 65 | €6,371 | €5,447 | -€924 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €5,686 | €18,653 | +€12,968 | +228.1% |
| Income taxes | 67/77 | €889 | €6,151 | +€5,262 | +592.0% |
| Profit (loss) for the period | 9904 | €4,797 | €12,503 | +€7,706 | +160.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,797 | €12,503 | +€7,706 | +160.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.