KOSANO: 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.
KOSANO
Largest movements
- Tangible fixed assets -€5,200
down €5,200 (-11.2%), from €46,522 to €41,322
of which Other tangible fixed assets: -€4,825
- Cash +€4,749
up €4,749 (+36.9%), from €12,886 to €17,634
mainly Net result for the year (+€16,465) and Other debts (+€9,405)
- Receivables within one year +€4,559
up €4,559 (+291.7%), from €1,563 to €6,122
of which Trade receivables: +€5,118
- Deferred charges and accrued income -€2,485
down €2,485 (-91.5%), from €2,715 to €229
- Profit (loss) carried forward +€16,465
up €16,465 (+90.2%), from -€18,243 to -€1,779
- Tax, wage and social debts -€10,949
down €10,949 (-27.9%), from €39,196 to €28,246
of which Remuneration and social security: -€15,175
- Other debts +€9,405
up €9,405 (+169.0%), from €5,565 to €14,970
- Trade debts -€6,284
down €6,284 (-58.2%), from €10,803 to €4,519
- Debts after one year -€5,747
down €5,747 (-24.3%), from €23,622 to €17,875
- Staff costs -€23,396
down €23,396 (-23.1%), from €101,431 to €78,035
- Gross operating margin +€14,305
up €14,305 (+15.0%), from €95,059 to €109,364
- Taxes +€1,595
up €1,595 (+722.8%), from €221 to €1,815
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 | €68,679 | €70,580 | +€1,901 | +2.8% |
| Fixed assets | 21/28 | €46,522 | €41,322 | -€5,200 | -11.2% |
| Tangible fixed assets | 22/27 | €46,522 | €41,322 | -€5,200 | -11.2% |
| Plant, machinery and equipment | 23 | €1,877 | €1,389 | -€488 | -26.0% |
| Furniture and vehicles | 24 | €756 | €869 | +€113 | +15.0% |
| Other tangible fixed assets | 26 | €43,889 | €39,064 | -€4,825 | -11.0% |
| Current assets | 29/58 | €22,157 | €29,258 | +€7,101 | +32.0% |
| Stocks and contracts in progress | 3 | €4,994 | €5,272 | +€279 | +5.6% |
| Stocks | 30/36 | €4,994 | €5,272 | +€279 | +5.6% |
| Amounts receivable within one year | 40/41 | €1,563 | €6,122 | +€4,559 | +291.7% |
| Trade receivables | 40 | €1,004 | €6,122 | +€5,118 | +510.0% |
| Other amounts receivable | 41 | €559 | - | -€559 | |
| Cash at bank and in hand | 54/58 | €12,886 | €17,634 | +€4,749 | +36.9% |
| Deferred charges and accrued income | 490/1 | €2,715 | €229 | -€2,485 | -91.5% |
| Total equity and liabilities | 10/49 | €68,679 | €70,580 | +€1,901 | +2.8% |
| Equity | 10/15 | -€17,243 | -€779 | +€16,465 | +95.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,243 | -€1,779 | +€16,465 | +90.2% |
| Amounts payable | 17/49 | €85,922 | €71,358 | -€14,564 | -17.0% |
| Amounts payable after more than one year | 17 | €23,622 | €17,875 | -€5,747 | -24.3% |
| Financial debts | 170/4 | €23,622 | €17,875 | -€5,747 | -24.3% |
| Amounts payable within one year | 42/48 | €61,289 | €53,483 | -€7,806 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €5,725 | €5,747 | +€22 | +0.4% |
| Trade debts | 44 | €10,803 | €4,519 | -€6,284 | -58.2% |
| Suppliers | 440/4 | €10,803 | €4,519 | -€6,284 | -58.2% |
| Taxes, remuneration and social security | 45 | €39,196 | €28,246 | -€10,949 | -27.9% |
| Taxes | 450/3 | €10,190 | €14,416 | +€4,225 | +41.5% |
| Remuneration and social security | 454/9 | €29,005 | €13,831 | -€15,175 | -52.3% |
| Other amounts payable | 47/48 | €5,565 | €14,970 | +€9,405 | +169.0% |
| Accrued charges and deferred income | 492/3 | €1,011 | - | -€1,011 | |
| Remuneration, social security and pensions | 62 | €101,431 | €78,035 | -€23,396 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,007 | €5,682 | +€676 | +13.5% |
| Other operating charges | 640/8 | €2,999 | €3,538 | +€539 | +18.0% |
| Non-recurring operating charges | 66A | €484 | - | -€484 | |
| Gross operating margin | 9900 | €95,059 | €109,364 | +€14,305 | +15.0% |
| Operating profit (loss) | 9901 | -€14,861 | €22,109 | +€36,970 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €3,178 | €3,829 | +€651 | +20.5% |
| Recurring financial charges | 65 | €3,178 | €3,829 | +€651 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,023 | €18,280 | +€36,303 | |
| Income taxes | 67/77 | €221 | €1,815 | +€1,595 | +722.8% |
| Profit (loss) for the period | 9904 | -€18,243 | €16,465 | +€34,708 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,243 | €16,465 | +€34,708 |
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 4 October 2026 via checked.be.