KOSIMO: 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.
KOSIMO
Largest movements
- Cash +€52,817
up €52,817 (+96.6%), from €54,690 to €107,508
mainly Depreciation (+€48,483) and Other debts (+€19,851)
- Tangible fixed assets -€48,483
down €48,483 (-4.7%), from €1.0m to €980,641
of which Land and buildings: -€48,233
- Other debts +€19,851
up €19,851 (+4.4%), from €453,484 to €473,335
- Accrued charges and deferred income -€16,849
down €16,849 (-46.2%), from €36,505 to €19,656
- Financial charges -€16,763
down €16,763 (-46.0%), from €36,450 to €19,687
- Depreciation -€13,309
down €13,309 (-21.5%), from €61,792 to €48,483
- Gross operating margin +€783
up €783 (+1.0%), from €76,787 to €77,571
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 | €1,093,830 | €1,088,432 | -€5,397 | -0.5% |
| Fixed assets | 21/28 | €1,029,123 | €980,641 | -€48,483 | -4.7% |
| Tangible fixed assets | 22/27 | €1,029,123 | €980,641 | -€48,483 | -4.7% |
| Land and buildings | 22 | €1,026,752 | €978,519 | -€48,233 | -4.7% |
| Plant, machinery and equipment | 23 | €2,371 | €2,121 | -€250 | -10.5% |
| Current assets | 29/58 | €64,706 | €107,792 | +€43,085 | +66.6% |
| Amounts receivable within one year | 40/41 | €8,554 | €0 | -€8,554 | -100.0% |
| Trade receivables | 40 | €8,554 | €0 | -€8,554 | -100.0% |
| Cash at bank and in hand | 54/58 | €54,690 | €107,508 | +€52,817 | +96.6% |
| Deferred charges and accrued income | 490/1 | €1,463 | €284 | -€1,179 | -80.6% |
| Total equity and liabilities | 10/49 | €1,093,830 | €1,088,432 | -€5,397 | -0.5% |
| Equity | 10/15 | €594,739 | €595,342 | +€603 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €576,139 | €576,742 | +€603 | +0.1% |
| Distributable reserves | 133 | €576,139 | €576,742 | +€603 | +0.1% |
| Amounts payable | 17/49 | €499,091 | €493,091 | -€6,000 | -1.2% |
| Amounts payable after more than one year | 17 | €100 | €100 | = | 0.0% |
| Other amounts payable | 178/9 | €100 | €100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €462,486 | €473,335 | +€10,849 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,002 | €0 | -€9,002 | -100.0% |
| Suppliers | 440/4 | €9,002 | €0 | -€9,002 | -100.0% |
| Other amounts payable | 47/48 | €453,484 | €473,335 | +€19,851 | +4.4% |
| Accrued charges and deferred income | 492/3 | €36,505 | €19,656 | -€16,849 | -46.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,792 | €48,483 | -€13,309 | -21.5% |
| Other operating charges | 640/8 | €8,301 | €8,798 | +€497 | +6.0% |
| Gross operating margin | 9900 | €76,787 | €77,571 | +€783 | +1.0% |
| Operating profit (loss) | 9901 | €6,694 | €20,290 | +€13,595 | +203.1% |
| Financial charges | 65/66B | €36,450 | €19,687 | -€16,763 | -46.0% |
| Recurring financial charges | 65 | €36,450 | €19,687 | -€16,763 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,756 | €603 | +€30,359 | |
| Profit (loss) for the period | 9904 | -€29,756 | €603 | +€30,359 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,756 | €603 | +€30,359 |
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 28 September 2026 via checked.be.