COUSINS: 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.
COUSINS
Largest movements
- Cash +€7,385
up €7,385 (+131.3%), from €5,624 to €13,009
mainly Depreciation (+€7,023) and Receivables within one year (+€4,866)
- Tangible fixed assets -€6,871
down €6,871 (-9.3%), from €73,884 to €67,013
- Receivables within one year -€4,866
down €4,866 (-72.5%), from €6,710 to €1,844
of which Trade receivables: -€4,882
- Profit (loss) carried forward -€5,038
down €5,038 (-31.0%), from -€16,249 to -€21,287
- Gross operating margin -€6,539
down €6,539 (-76.1%), from €8,589 to €2,050
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 | €89,255 | €85,152 | -€4,103 | -4.6% |
| Formation expenses | 20 | €219 | €67 | -€152 | -69.5% |
| Fixed assets | 21/28 | €73,884 | €67,013 | -€6,871 | -9.3% |
| Tangible fixed assets | 22/27 | €73,884 | €67,013 | -€6,871 | -9.3% |
| Land and buildings | 22 | €53,250 | €50,117 | -€3,132 | -5.9% |
| Plant, machinery and equipment | 23 | €1,506 | €1,151 | -€355 | -23.6% |
| Furniture and vehicles | 24 | €2,582 | €1,491 | -€1,091 | -42.2% |
| Other tangible fixed assets | 26 | €16,547 | €14,254 | -€2,293 | -13.9% |
| Current assets | 29/58 | €15,152 | €18,071 | +€2,920 | +19.3% |
| Stocks and contracts in progress | 3 | €2,747 | €3,149 | +€402 | +14.7% |
| Stocks | 30/36 | €2,747 | €3,149 | +€402 | +14.7% |
| Amounts receivable within one year | 40/41 | €6,710 | €1,844 | -€4,866 | -72.5% |
| Trade receivables | 40 | €6,690 | €1,808 | -€4,882 | -73.0% |
| Other amounts receivable | 41 | €20 | €36 | +€16 | +80.0% |
| Cash at bank and in hand | 54/58 | €5,624 | €13,009 | +€7,385 | +131.3% |
| Deferred charges and accrued income | 490/1 | €72 | €70 | -€2 | -2.7% |
| Total equity and liabilities | 10/49 | €89,255 | €85,152 | -€4,103 | -4.6% |
| Equity | 10/15 | €18,751 | €13,713 | -€5,038 | -26.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,249 | -€21,287 | -€5,038 | -31.0% |
| Amounts payable | 17/49 | €70,503 | €71,438 | +€935 | +1.3% |
| Amounts payable within one year | 42/48 | €70,503 | €71,438 | +€935 | +1.3% |
| Trade debts | 44 | €300 | €951 | +€651 | +216.8% |
| Suppliers | 440/4 | €300 | €951 | +€651 | +216.8% |
| Taxes, remuneration and social security | 45 | €265 | €399 | +€134 | +50.6% |
| Taxes | 450/3 | €265 | €399 | +€134 | +50.6% |
| Other amounts payable | 47/48 | €69,939 | €70,089 | +€150 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,937 | €7,023 | +€86 | +1.2% |
| Gross operating margin | 9900 | €8,589 | €2,050 | -€6,539 | -76.1% |
| Operating profit (loss) | 9901 | €1,652 | -€4,973 | -€6,625 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €61 | €65 | +€4 | +7.2% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €1,592 | -€5,038 | -€6,630 | |
| Profit (loss) for the period | 9904 | €1,592 | -€5,038 | -€6,630 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,592 | -€5,038 | -€6,630 |
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 5 October 2026 via checked.be.