De Kosmonauten: what changed
De Kosmonauten
Largest movements
- Intangible fixed assets -€17,857
down €17,857 (-21.9%), from €81,360 to €63,503
- Tangible fixed assets -€13,726
down €13,726 (-22.5%), from €61,107 to €47,381
of which Furniture and vehicles: -€13,376
- Cash +€4,481
up €4,481 (+35.1%), from €12,777 to €17,258
mainly Depreciation (+€31,583) and Tax, wage and social debts (+€4,249)
- Receivables within one year -€2,535
down €2,535 (-55.8%), from €4,545 to €2,010
of which Trade receivables: -€1,361
- Deferred charges and accrued income -€1,959
down €1,959 (-73.2%), from €2,678 to €718
- Debts after one year -€30,000
down €30,000 (-28.1%), from €106,774 to €76,774
- Profit (loss) carried forward -€6,101
down €6,101 (-54.4%), from -€11,226 to -€17,327
- Tax, wage and social debts +€4,249
up €4,249 (+17.1%), from €24,879 to €29,129
of which Remuneration and social security: +€9,659
- Gross operating margin +€26,796
up €26,796 (+15.8%), from €169,361 to €196,157
- Staff costs +€17,640
up €17,640 (+12.0%), from €147,210 to €164,850
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 | €175,240 | €143,191 | -€32,050 | -18.3% |
| Fixed assets | 21/28 | €142,467 | €110,884 | -€31,583 | -22.2% |
| Intangible fixed assets | 21 | €81,360 | €63,503 | -€17,857 | -21.9% |
| Tangible fixed assets | 22/27 | €61,107 | €47,381 | -€13,726 | -22.5% |
| Plant, machinery and equipment | 23 | €1,236 | €886 | -€350 | -28.3% |
| Furniture and vehicles | 24 | €59,871 | €46,495 | -€13,376 | -22.3% |
| Current assets | 29/58 | €32,773 | €32,306 | -€467 | -1.4% |
| Stocks and contracts in progress | 3 | €12,774 | €12,320 | -€454 | -3.6% |
| Stocks | 30/36 | €12,774 | €12,320 | -€454 | -3.6% |
| Amounts receivable within one year | 40/41 | €4,545 | €2,010 | -€2,535 | -55.8% |
| Trade receivables | 40 | €1,361 | €0 | -€1,361 | -100% |
| Other amounts receivable | 41 | €3,184 | €2,010 | -€1,174 | -36.9% |
| Cash at bank and in hand | 54/58 | €12,777 | €17,258 | +€4,481 | +35.1% |
| Deferred charges and accrued income | 490/1 | €2,678 | €718 | -€1,959 | -73.2% |
| Total equity and liabilities | 10/49 | €175,240 | €143,191 | -€32,050 | -18.3% |
| Equity | 10/15 | -€5,226 | -€11,327 | -€6,101 | -117% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,226 | -€17,327 | -€6,101 | -54.4% |
| Amounts payable | 17/49 | €180,466 | €154,517 | -€25,948 | -14.4% |
| Amounts payable after more than one year | 17 | €106,774 | €76,774 | -€30,000 | -28.1% |
| Financial debts | 170/4 | €106,774 | €76,774 | -€30,000 | -28.1% |
| Amounts payable within one year | 42/48 | €73,692 | €77,743 | +€4,052 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €18,654 | €17,676 | -€978 | -5.2% |
| Suppliers | 440/4 | €18,654 | €17,676 | -€978 | -5.2% |
| Advances received on contracts in progress | 46 | €158 | €71 | -€88 | -55.4% |
| Taxes, remuneration and social security | 45 | €24,879 | €29,129 | +€4,249 | +17.1% |
| Taxes | 450/3 | €12,074 | €6,664 | -€5,409 | -44.8% |
| Remuneration and social security | 454/9 | €12,805 | €22,464 | +€9,659 | +75.4% |
| Other amounts payable | 47/48 | €0 | €868 | +€868 | |
| Remuneration, social security and pensions | 62 | €147,210 | €164,850 | +€17,640 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,387 | €31,583 | +€196 | +0.6% |
| Other operating charges | 640/8 | €3,812 | €3,915 | +€103 | +2.7% |
| Gross operating margin | 9900 | €169,361 | €196,157 | +€26,796 | +15.8% |
| Operating profit (loss) | 9901 | -€13,049 | -€4,191 | +€8,858 | +67.9% |
| Financial income | 75/76B | €0 | €52 | +€52 | |
| Recurring financial income | 75 | €0 | €52 | +€52 | |
| Financial charges | 65/66B | €2,272 | €1,962 | -€309 | -13.6% |
| Recurring financial charges | 65 | €2,272 | €1,962 | -€309 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,320 | -€6,101 | +€9,219 | +60.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€15,320 | -€6,101 | +€9,219 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,320 | -€6,101 | +€9,219 | +60.2% |
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.