KOSIMA: 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.
KOSIMA
Largest movements
- Financial fixed assets -€330,000
no longer reported in 2025 (was €330,000)
- Receivables after one year +€293,512
new in 2025: €293,512
- Cash +€29,864
up €29,864 (+3596.4%), from €830 to €30,694
mainly Investment in fixed assets (net) (+€330,000) and Net result for the year (+€34,048)
- Other debts -€20,210
down €20,210 (-21.1%), from €95,621 to €75,411
- Reserves +€14,048
up €14,048 (+7.0%), from €199,912 to €213,960
- Tax, wage and social debts +€9,215
up €9,215 (+139.1%), from €6,625 to €15,840
of which Taxes: +€5,402
- Current portion of long-term debt -€8,903
no longer reported in 2025 (was €8,903)
- Gross operating margin +€19,378
up €19,378 (+99.5%), from €19,481 to €38,859
- Taxes +€3,185
up €3,185 (+435.3%), from €732 to €3,916
- Financial charges -€632
down €632 (-60.0%), from €1,054 to €422
- Other operating charges +€473
new in 2025: €473
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 | €332,276 | €324,218 | -€8,059 | -2.4% |
| Fixed assets | 21/28 | €330,000 | - | -€330,000 | |
| Financial fixed assets | 28 | €330,000 | - | -€330,000 | |
| Current assets | 29/58 | €2,276 | €324,218 | +€321,941 | +14143.8% |
| Amounts receivable after more than one year | 29 | - | €293,512 | +€293,512 | |
| Trade receivables | 290 | - | €293,512 | +€293,512 | |
| Amounts receivable within one year | 40/41 | €1,388 | - | -€1,388 | |
| Trade receivables | 40 | €1,388 | - | -€1,388 | |
| Cash at bank and in hand | 54/58 | €830 | €30,694 | +€29,864 | +3596.4% |
| Deferred charges and accrued income | 490/1 | €58 | €12 | -€47 | -80.0% |
| Total equity and liabilities | 10/49 | €332,276 | €324,218 | -€8,059 | -2.4% |
| Equity | 10/15 | €218,512 | €232,560 | +€14,048 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €199,912 | €213,960 | +€14,048 | +7.0% |
| Distributable reserves | 133 | €199,912 | €213,960 | +€14,048 | +7.0% |
| Amounts payable | 17/49 | €113,765 | €91,658 | -€22,107 | -19.4% |
| Amounts payable within one year | 42/48 | €113,765 | €91,658 | -€22,107 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €8,903 | - | -€8,903 | |
| Trade debts | 44 | €2,615 | €408 | -€2,208 | -84.4% |
| Suppliers | 440/4 | €2,615 | €408 | -€2,208 | -84.4% |
| Taxes, remuneration and social security | 45 | €6,625 | €15,840 | +€9,215 | +139.1% |
| Taxes | 450/3 | €6,625 | €12,027 | +€5,402 | +81.5% |
| Remuneration and social security | 454/9 | - | €3,813 | +€3,813 | |
| Other amounts payable | 47/48 | €95,621 | €75,411 | -€20,210 | -21.1% |
| Other operating charges | 640/8 | - | €473 | +€473 | |
| Gross operating margin | 9900 | €19,481 | €38,859 | +€19,378 | +99.5% |
| Operating profit (loss) | 9901 | €19,481 | €38,386 | +€18,905 | +97.0% |
| Financial charges | 65/66B | €1,054 | €422 | -€632 | -60.0% |
| Recurring financial charges | 65 | €1,054 | €422 | -€632 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | €18,427 | €37,964 | +€19,537 | +106.0% |
| Income taxes | 67/77 | €732 | €3,916 | +€3,185 | +435.3% |
| Profit (loss) for the period | 9904 | €17,695 | €34,048 | +€16,353 | +92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,695 | €34,048 | +€16,353 | +92.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.