KOSAM: 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.
KOSAM
Largest movements
- Receivables within one year +€12,520
up €12,520 (+45.5%), from €27,532 to €40,052
- Cash +€9,992
up €9,992 (+89.7%), from €11,136 to €21,128
mainly Trade debts (+€25,129) and Net result for the year (+€952)
- Stocks and contracts +€3,621
up €3,621 (+8.7%), from €41,721 to €45,343
- Trade debts +€25,129
up €25,129 (+57.3%), from €43,820 to €68,949
- Taxes +€219
up €219 (+77.6%), from €281 to €500
- Financial income -€174
down €174 (-100.0%), from €174 to €0
- Financial charges +€173
up €173 (+56.0%), from €309 to €481
- Gross operating margin +€169
up €169 (+7.0%), from €2,404 to €2,573
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 | €80,389 | €106,742 | +€26,353 | +32.8% |
| Current assets | 29/58 | €80,389 | €106,742 | +€26,353 | +32.8% |
| Stocks and contracts in progress | 3 | €41,721 | €45,343 | +€3,621 | +8.7% |
| Stocks | 30/36 | €41,721 | €45,343 | +€3,621 | +8.7% |
| Amounts receivable within one year | 40/41 | €27,532 | €40,052 | +€12,520 | +45.5% |
| Trade receivables | 40 | €27,532 | €40,052 | +€12,520 | +45.5% |
| Cash at bank and in hand | 54/58 | €11,136 | €21,128 | +€9,992 | +89.7% |
| Deferred charges and accrued income | 490/1 | - | €219 | +€219 | |
| Total equity and liabilities | 10/49 | €80,389 | €106,742 | +€26,353 | +32.8% |
| Equity | 10/15 | €35,667 | €36,619 | +€952 | +2.7% |
| Contributions | 10/11 | €11,163 | €11,163 | = | 0.0% |
| Reserves | 13 | €11,610 | €11,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,750 | €9,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,894 | €13,846 | +€952 | +7.4% |
| Amounts payable | 17/49 | €44,722 | €70,123 | +€25,401 | +56.8% |
| Amounts payable within one year | 42/48 | €44,722 | €70,123 | +€25,401 | +56.8% |
| Trade debts | 44 | €43,820 | €68,949 | +€25,129 | +57.3% |
| Suppliers | 440/4 | €43,820 | €68,949 | +€25,129 | +57.3% |
| Taxes, remuneration and social security | 45 | €783 | €1,055 | +€272 | +34.8% |
| Taxes | 450/3 | €783 | €1,055 | +€272 | +34.8% |
| Other amounts payable | 47/48 | €119 | €119 | = | 0.0% |
| Other operating charges | 640/8 | €623 | €640 | +€16 | +2.6% |
| Gross operating margin | 9900 | €2,404 | €2,573 | +€169 | +7.0% |
| Operating profit (loss) | 9901 | €1,780 | €1,933 | +€153 | +8.6% |
| Financial income | 75/76B | €174 | €0 | -€174 | -100.0% |
| Recurring financial income | 75 | €174 | €0 | -€174 | -100.0% |
| Financial charges | 65/66B | €309 | €481 | +€173 | +56.0% |
| Recurring financial charges | 65 | €309 | €481 | +€173 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €1,645 | €1,452 | -€194 | -11.8% |
| Income taxes | 67/77 | €281 | €500 | +€219 | +77.6% |
| Profit (loss) for the period | 9904 | €1,364 | €952 | -€412 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,364 | €952 | -€412 | -30.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.