COSYTEX: 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.
COSYTEX
Largest movements
- Receivables within one year +€32,565
up €32,565 (+70.7%), from €46,093 to €78,659
of which Other amounts receivable: +€22,526
- Cash -€7,923
down €7,923 (-34.8%), from €22,744 to €14,821
mainly Short-term financial debts (-€35,000) and Receivables within one year (-€32,565)
- Deferred charges and accrued income +€3,212
up €3,212 (+348.6%), from €921 to €4,133
- Stocks and contracts -€2,589
down €2,589 (-34.9%), from €7,419 to €4,830
- Intangible fixed assets -€2,400
down €2,400 (-46.1%), from €5,208 to €2,808
- Short-term financial debts -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Tax, wage and social debts +€19,224
up €19,224 (+1271.5%), from €1,512 to €20,735
- Reserves +€17,271
up €17,271 (+234.7%), from €7,359 to €24,629
- Profit (loss) carried forward +€15,268
up €15,268, from -€15,268 to €0
- Trade debts +€7,138
up €7,138 (+36.8%), from €19,389 to €26,527
- Gross operating margin +€40,008
up €40,008 (+146.8%), from €27,256 to €67,263
- Taxes +€20,263
new in 2025: €20,263
- Financial charges -€4,544
down €4,544 (-55.2%), from €8,239 to €3,694
- Financial income +€1,141
up €1,141 (+86.8%), from €1,314 to €2,454
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 | €84,779 | €108,287 | +€23,508 | +27.7% |
| Fixed assets | 21/28 | €7,601 | €5,845 | -€1,757 | -23.1% |
| Intangible fixed assets | 21 | €5,208 | €2,808 | -€2,400 | -46.1% |
| Tangible fixed assets | 22/27 | €2,305 | €1,048 | -€1,257 | -54.5% |
| Furniture and vehicles | 24 | €2,305 | €1,048 | -€1,257 | -54.5% |
| Financial fixed assets | 28 | €89 | €1,989 | +€1,900 | +2134.8% |
| Current assets | 29/58 | €77,178 | €102,442 | +€25,265 | +32.7% |
| Stocks and contracts in progress | 3 | €7,419 | €4,830 | -€2,589 | -34.9% |
| Stocks | 30/36 | €7,419 | €4,830 | -€2,589 | -34.9% |
| Amounts receivable within one year | 40/41 | €46,093 | €78,659 | +€32,565 | +70.7% |
| Trade receivables | 40 | €9,558 | €19,598 | +€10,040 | +105.0% |
| Other amounts receivable | 41 | €36,535 | €59,061 | +€22,526 | +61.7% |
| Cash at bank and in hand | 54/58 | €22,744 | €14,821 | -€7,923 | -34.8% |
| Deferred charges and accrued income | 490/1 | €921 | €4,133 | +€3,212 | +348.6% |
| Total equity and liabilities | 10/49 | €84,779 | €108,287 | +€23,508 | +27.7% |
| Equity | 10/15 | €10,690 | €43,229 | +€32,539 | +304.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,359 | €24,629 | +€17,271 | +234.7% |
| Distributable reserves | 133 | €7,359 | €24,629 | +€17,271 | +234.7% |
| Profit (loss) carried forward | 14 | -€15,268 | €0 | +€15,268 | |
| Amounts payable | 17/49 | €74,089 | €65,058 | -€9,031 | -12.2% |
| Amounts payable within one year | 42/48 | €74,089 | €65,058 | -€9,031 | -12.2% |
| Financial debts | 43 | €35,000 | €0 | -€35,000 | -100.0% |
| Credit institutions | 430/8 | €35,000 | €0 | -€35,000 | -100.0% |
| Trade debts | 44 | €19,389 | €26,527 | +€7,138 | +36.8% |
| Suppliers | 440/4 | €19,389 | €26,527 | +€7,138 | +36.8% |
| Advances received on contracts in progress | 46 | €2,501 | €0 | -€2,501 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,512 | €20,735 | +€19,224 | +1271.5% |
| Taxes | 450/3 | €1,512 | €20,735 | +€19,224 | +1271.5% |
| Other amounts payable | 47/48 | €15,687 | €17,795 | +€2,109 | +13.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,558 | €3,657 | +€99 | +2.8% |
| Other operating charges | 640/8 | €2,554 | €2,205 | -€349 | -13.7% |
| Non-recurring operating charges | 66A | €757 | €0 | -€757 | -100.0% |
| Gross operating margin | 9900 | €27,256 | €67,263 | +€40,008 | +146.8% |
| Operating profit (loss) | 9901 | €20,387 | €61,401 | +€41,015 | +201.2% |
| Financial income | 75/76B | €1,314 | €2,454 | +€1,141 | +86.8% |
| Recurring financial income | 75 | €1,314 | €2,454 | +€1,141 | +86.8% |
| Financial charges | 65/66B | €8,239 | €3,694 | -€4,544 | -55.2% |
| Recurring financial charges | 65 | €8,239 | €3,694 | -€4,544 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €13,461 | €60,161 | +€46,700 | +346.9% |
| Income taxes | 67/77 | - | €20,263 | +€20,263 | |
| Profit (loss) for the period | 9904 | €13,461 | €39,898 | +€26,436 | +196.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,461 | €39,898 | +€26,436 | +196.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.