DE COSTER - TECHNIEK: 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.
DE COSTER - TECHNIEK
Largest movements
- Current investments +€113,668
up €113,668 (+20.7%), from €550,000 to €663,668
- Cash +€37,293
up €37,293 (+36.8%), from €101,403 to €138,696
mainly Net result for the year (+€139,183) and Tax, wage and social debts (+€11,753)
- Reserves +€188,419
up €188,419 (+33.5%), from €562,611 to €751,030
- Contributions -€49,236
down €49,236 (-14.7%), from €335,396 to €286,160
- Tax, wage and social debts +€11,753
up €11,753 (+29.3%), from €40,064 to €51,816
of which Taxes: +€11,327
- Gross operating margin -€65,043
down €65,043 (-21.9%), from €296,712 to €231,668
- Depreciation -€17,157
down €17,157 (-61.2%), from €28,032 to €10,875
- Taxes -€11,734
down €11,734 (-14.7%), from €79,562 to €67,828
- Financial income -€5,954
down €5,954 (-24.3%), from €24,457 to €18,503
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 | €1,004,543 | €1,157,775 | +€153,231 | +15.3% |
| Fixed assets | 21/28 | €60,695 | €56,975 | -€3,719 | -6.1% |
| Tangible fixed assets | 22/27 | €60,695 | €56,975 | -€3,719 | -6.1% |
| Land and buildings | 22 | €7,939 | €11,164 | +€3,226 | +40.6% |
| Plant, machinery and equipment | 23 | €3,543 | €2,154 | -€1,390 | -39.2% |
| Furniture and vehicles | 24 | €4,931 | €2,376 | -€2,555 | -51.8% |
| Leasing and similar rights | 25 | €44,282 | €41,282 | -€3,000 | -6.8% |
| Current assets | 29/58 | €943,849 | €1,100,799 | +€156,950 | +16.6% |
| Amounts receivable within one year | 40/41 | €283,125 | €288,745 | +€5,619 | +2.0% |
| Trade receivables | 40 | €64,001 | €60,741 | -€3,260 | -5.1% |
| Other amounts receivable | 41 | €219,124 | €228,003 | +€8,879 | +4.1% |
| Current investments | 50/53 | €550,000 | €663,668 | +€113,668 | +20.7% |
| Cash at bank and in hand | 54/58 | €101,403 | €138,696 | +€37,293 | +36.8% |
| Deferred charges and accrued income | 490/1 | €9,320 | €9,691 | +€371 | +4.0% |
| Total equity and liabilities | 10/49 | €1,004,543 | €1,157,775 | +€153,231 | +15.3% |
| Equity | 10/15 | €898,007 | €1,037,190 | +€139,183 | +15.5% |
| Contributions | 10/11 | €335,396 | €286,160 | -€49,236 | -14.7% |
| Reserves | 13 | €562,611 | €751,030 | +€188,419 | +33.5% |
| Distributable reserves | 133 | €562,611 | €751,030 | +€188,419 | +33.5% |
| Amounts payable | 17/49 | €106,536 | €120,585 | +€14,049 | +13.2% |
| Amounts payable after more than one year | 17 | €42,000 | €36,000 | -€6,000 | -14.3% |
| Financial debts | 170/4 | €42,000 | €36,000 | -€6,000 | -14.3% |
| Amounts payable within one year | 42/48 | €64,536 | €84,585 | +€20,049 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,000 | +€3,000 | |
| Trade debts | 44 | €23,461 | €28,604 | +€5,143 | +21.9% |
| Suppliers | 440/4 | €23,461 | €28,604 | +€5,143 | +21.9% |
| Taxes, remuneration and social security | 45 | €40,064 | €51,816 | +€11,753 | +29.3% |
| Taxes | 450/3 | €34,677 | €46,004 | +€11,327 | +32.7% |
| Remuneration and social security | 454/9 | €5,386 | €5,812 | +€426 | +7.9% |
| Other amounts payable | 47/48 | €1,011 | €1,165 | +€153 | +15.2% |
| Remuneration, social security and pensions | 62 | €22,473 | €24,996 | +€2,524 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,032 | €10,875 | -€17,157 | -61.2% |
| Other operating charges | 640/8 | €9,365 | €7,042 | -€2,324 | -24.8% |
| Gross operating margin | 9900 | €296,712 | €231,668 | -€65,043 | -21.9% |
| Operating profit (loss) | 9901 | €236,841 | €188,755 | -€48,087 | -20.3% |
| Financial income | 75/76B | €24,457 | €18,503 | -€5,954 | -24.3% |
| Recurring financial income | 75 | €24,457 | €18,503 | -€5,954 | -24.3% |
| Financial charges | 65/66B | €251 | €247 | -€4 | -1.7% |
| Recurring financial charges | 65 | €251 | €247 | -€4 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €261,047 | €207,011 | -€54,036 | -20.7% |
| Income taxes | 67/77 | €79,562 | €67,828 | -€11,734 | -14.7% |
| Profit (loss) for the period | 9904 | €181,485 | €139,183 | -€42,302 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €181,485 | €139,183 | -€42,302 | -23.3% |
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 26 October 2026 via checked.be.