Cosytech: 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.
Cosytech
Largest movements
- Tangible fixed assets +€158,924
up €158,924 (+726%), from €21,876 to €180,800
of which Land and buildings: +€153,291
- Cash -€21,137
down €21,137 (-15.2%), from €139,259 to €118,122
mainly Investment in fixed assets (net) (-€157,601) and Other debts (-€22,656)
- Intangible fixed assets -€14,500
no longer reported in 2025 (was €14,500)
- Debts after one year +€112,935
up €112,935 (+982%), from €11,500 to €124,435
- Profit (loss) carried forward +€36,494
new in 2025: €36,494
- Other debts -€22,656
down €22,656 (-42.3%), from €53,557 to €30,901
- Current portion of long-term debt +€8,867
up €8,867 (+253%), from €3,500 to €12,367
- Trade debts -€8,099
down €8,099 (-72.3%), from €11,204 to €3,104
- Gross operating margin -€26,692
down €26,692 (-23.0%), from €115,917 to €89,225
- Taxes -€6,482
down €6,482 (-37.0%), from €17,521 to €11,040
- Depreciation +€5,522
up €5,522 (+72.1%), from €7,656 to €13,177
- Financial charges +€3,768
up €3,768 (+103%), from €3,644 to €7,412
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 | €183,143 | €309,445 | +€126,303 | +69.0% |
| Fixed assets | 21/28 | €36,376 | €180,800 | +€144,424 | +397% |
| Intangible fixed assets | 21 | €14,500 | - | -€14,500 | |
| Tangible fixed assets | 22/27 | €21,876 | €180,800 | +€158,924 | +726% |
| Land and buildings | 22 | - | €153,291 | +€153,291 | |
| Furniture and vehicles | 24 | €21,876 | €27,509 | +€5,633 | +25.7% |
| Current assets | 29/58 | €146,767 | €128,645 | -€18,121 | -12.3% |
| Amounts receivable within one year | 40/41 | €7,507 | €10,523 | +€3,016 | +40.2% |
| Trade receivables | 40 | €3,431 | €5,975 | +€2,544 | +74.2% |
| Other amounts receivable | 41 | €4,076 | €4,548 | +€472 | +11.6% |
| Cash at bank and in hand | 54/58 | €139,259 | €118,122 | -€21,137 | -15.2% |
| Total equity and liabilities | 10/49 | €183,143 | €309,445 | +€126,303 | +69.0% |
| Equity | 10/15 | €74,663 | €111,157 | +€36,494 | +48.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,663 | €69,663 | = | 0.0% |
| Distributable reserves | 133 | €69,663 | €69,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €36,494 | +€36,494 | |
| Amounts payable | 17/49 | €108,479 | €198,288 | +€89,809 | +82.8% |
| Amounts payable after more than one year | 17 | €11,500 | €124,435 | +€112,935 | +982% |
| Financial debts | 170/4 | €11,500 | €124,435 | +€112,935 | +982% |
| Amounts payable within one year | 42/48 | €96,979 | €73,192 | -€23,787 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €3,500 | €12,367 | +€8,867 | +253% |
| Trade debts | 44 | €11,204 | €3,104 | -€8,099 | -72.3% |
| Suppliers | 440/4 | €11,204 | €3,104 | -€8,099 | -72.3% |
| Taxes, remuneration and social security | 45 | €28,719 | €26,821 | -€1,898 | -6.6% |
| Taxes | 450/3 | €28,719 | €26,821 | -€1,898 | -6.6% |
| Other amounts payable | 47/48 | €53,557 | €30,901 | -€22,656 | -42.3% |
| Accrued charges and deferred income | 492/3 | - | €661 | +€661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,656 | €13,177 | +€5,522 | +72.1% |
| Other operating charges | 640/8 | €1,675 | €1,102 | -€573 | -34.2% |
| Gross operating margin | 9900 | €115,917 | €89,225 | -€26,692 | -23.0% |
| Operating profit (loss) | 9901 | €106,586 | €74,946 | -€31,641 | -29.7% |
| Financial charges | 65/66B | €3,644 | €7,412 | +€3,768 | +103% |
| Recurring financial charges | 65 | €3,644 | €7,412 | +€3,768 | +103% |
| Profit (loss) for the period before taxes | 9903 | €102,943 | €67,534 | -€35,409 | -34.4% |
| Income taxes | 67/77 | €17,521 | €11,040 | -€6,482 | -37.0% |
| Profit (loss) for the period | 9904 | €85,421 | €56,494 | -€28,927 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,421 | €56,494 | -€28,927 | -33.9% |
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 14 October 2026 via checked.be.