COUSTEEL: what changed
COUSTEEL
Largest movements
- Receivables within one year +€78,387
up €78,387 (+139%), from €56,332 to €134,719
of which Other amounts receivable: +€59,822
- Cash -€4,749
down €4,749 (-88.2%), from €5,382 to €633
mainly Receivables within one year (-€78,387) and Debts after one year (-€29,423)
- Profit (loss) carried forward +€79,557
up €79,557 (+56.1%), from €141,935 to €221,493
- Debts after one year -€29,423
down €29,423 (-20.2%), from €145,399 to €115,976
of which Other amounts payable: -€20,700
- Other debts +€18,252
up €18,252 (+31.9%), from €57,227 to €75,479
- Tax, wage and social debts +€9,630
up €9,630 (+112%), from €8,583 to €18,213
- Advances received -€4,915
down €4,915 (-100%), from €4,915 to €0
- Financial income +€51,000
up €51,000, from €0 to €51,000
- Gross operating margin +€20,739
up €20,739 (+119%), from €17,495 to €38,234
- Taxes +€4,508
up €4,508 (+116%), from €3,883 to €8,391
- Other operating charges +€552
up €552 (+123%), from €450 to €1,003
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €371,715 | €445,352 | +€73,637 | +19.8% |
| Fixed assets | 21/28 | €310,000 | €310,000 | = | 0.0% |
| Financial fixed assets | 28 | €310,000 | €310,000 | = | 0.0% |
| Current assets | 29/58 | €61,715 | €135,352 | +€73,637 | +119% |
| Amounts receivable within one year | 40/41 | €56,332 | €134,719 | +€78,387 | +139% |
| Trade receivables | 40 | €10,331 | €28,896 | +€18,565 | +180% |
| Other amounts receivable | 41 | €46,001 | €105,823 | +€59,822 | +130% |
| Cash at bank and in hand | 54/58 | €5,382 | €633 | -€4,749 | -88.2% |
| Total equity and liabilities | 10/49 | €371,715 | €445,352 | +€73,637 | +19.8% |
| Equity | 10/15 | €144,935 | €224,493 | +€79,557 | +54.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,935 | €221,493 | +€79,557 | +56.1% |
| Amounts payable | 17/49 | €226,779 | €220,859 | -€5,920 | -2.6% |
| Amounts payable after more than one year | 17 | €145,399 | €115,976 | -€29,423 | -20.2% |
| Financial debts | 170/4 | €20,499 | €11,776 | -€8,723 | -42.6% |
| Other amounts payable | 178/9 | €124,900 | €104,200 | -€20,700 | -16.6% |
| Amounts payable within one year | 42/48 | €81,381 | €104,884 | +€23,503 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €8,631 | €8,723 | +€92 | +1.1% |
| Trade debts | 44 | €2,026 | €2,469 | +€444 | +21.9% |
| Suppliers | 440/4 | €2,026 | €2,469 | +€444 | +21.9% |
| Advances received on contracts in progress | 46 | €4,915 | €0 | -€4,915 | -100% |
| Taxes, remuneration and social security | 45 | €8,583 | €18,213 | +€9,630 | +112% |
| Taxes | 450/3 | €8,583 | €18,213 | +€9,630 | +112% |
| Other amounts payable | 47/48 | €57,227 | €75,479 | +€18,252 | +31.9% |
| Other operating charges | 640/8 | €450 | €1,003 | +€552 | +123% |
| Gross operating margin | 9900 | €17,495 | €38,234 | +€20,739 | +119% |
| Operating profit (loss) | 9901 | €17,044 | €37,231 | +€20,187 | +118% |
| Financial income | 75/76B | €0 | €51,000 | +€51,000 | |
| Recurring financial income | 75 | €0 | €51,000 | +€51,000 | |
| Financial charges | 65/66B | €556 | €283 | -€274 | -49.2% |
| Recurring financial charges | 65 | €556 | €283 | -€274 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €16,488 | €87,949 | +€71,461 | +433% |
| Income taxes | 67/77 | €3,883 | €8,391 | +€4,508 | +116% |
| Profit (loss) for the period | 9904 | €12,604 | €79,557 | +€66,953 | +531% |
| Profit (loss) for the period to be appropriated | 9905 | €12,604 | €79,557 | +€66,953 | +531% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.