KOSME FBA: what changed
Two financial 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.
What changed
KOSME FBA
NACE 46.649, Wholesale of other machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€47,632
2024 · €471,341-€423,709
Equity
-€3.0m
2024 · -€3.1m+€47,632
Cash
€716,802
2024 · €766,838-€50,036
Balance sheet total
€3.0m
2024 · €2.7m+€344,162
Largest movements
Assets
- Receivables within one year +€449,165
up €449,165 (+52.0%), from €864,167 to €1.3m
of which Trade receivables: +€330,690
- Receivables after one year -€120,000
down €120,000 (-15.3%), from €784,542 to €664,542
- Tangible fixed assets +€73,818
up €73,818 (+61.0%), from €120,965 to €194,782
of which Assets under construction and advance payments: +€120,030
- Cash -€50,036
down €50,036 (-6.5%), from €766,838 to €716,802
mainly Receivables within one year (-€449,165) and Investment in fixed assets (net) (-€120,030)
Equity and liabilities
- Trade debts +€310,466
up €310,466 (+9.0%), from €3.5m to €3.8m
- Debts after one year -€87,834
down €87,834 (-4.1%), from €2.1m to €2.0m
- Other debts +€60,000
new in 2025: €60,000
- Profit (loss) carried forward +€47,632
up €47,632 (+1.5%), from -€3.2m to -€3.1m
- Tax, wage and social debts +€39,317
up €39,317 (+55.8%), from €70,405 to €109,721
of which Remuneration and social security: +€19,717
Income statement
- Turnover -€859,969
down €859,969 (-27.2%), from €3.2m to €2.3m
- Goods and materials -€516,984
down €516,984 (-27.0%), from €1.9m to €1.4m
- Services and other goods +€207,431
up €207,431 (+26.9%), from €770,180 to €977,611
- Other operating income +€122,607
up €122,607 (+24.3%), from €503,708 to €626,316
- Staff costs +€94,735
up €94,735 (+30.9%), from €306,193 to €400,929
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.
Result 2024
€471,341
Turnover
-€859,969
Other operating income
+€122,607
Goods and materials
+€516,984
Services and other goods
-€207,431
Staff costs
-€94,735
Depreciation
+€1,036
Provisions
+€25,699
Other operating charges
+€1,481
Other operating items
-€1,177
Financial income
+€135
Financial charges
+€69,914
Taxes
+€1,746
Result 2025
€47,632
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€157,828
Investment
-€120,030
Financing
-€87,834
Cash 2024
€766,838
From operations (derived)
+€157,828
Net result for the year
+€47,632
Depreciation
+€46,213
Receivables after one year
+€120,000
Receivables within one year
-€449,165
Deferred charges and accrued income
+€8,784
Provisions
-€25,418
Trade debts
+€310,466
Tax, wage and social debts
+€39,317
Other debts
+€60,000
Investment (derived)
-€120,030
Investment in fixed assets (net)
-€120,030
Financing
-€87,834
Debts after one year
-€87,834
Cash 2025
€716,802
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,677,729 | €3,021,892 | +€344,162 | +12.9% |
| Fixed assets | 21/28 | €233,816 | €307,633 | +€73,818 | +31.6% |
| Tangible fixed assets | 22/27 | €120,965 | €194,782 | +€73,818 | +61.0% |
| Plant, machinery and equipment | 23 | €438 | €0 | -€438 | -100% |
| Furniture and vehicles | 24 | €1,309 | €834 | -€475 | -36.3% |
| Other tangible fixed assets | 26 | €119,218 | €73,919 | -€45,300 | -38.0% |
| Assets under construction and advance payments | 27 | - | €120,030 | +€120,030 | |
| Financial fixed assets | 28 | €112,851 | €112,851 | = | 0.0% |
| Affiliated companies | 280/1 | €100,000 | €100,000 | = | 0.0% |
| Participating interests | 280 | €100,000 | €100,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €12,851 | €12,851 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €12,851 | €12,851 | = | 0.0% |
| Current assets | 29/58 | €2,443,914 | €2,714,259 | +€270,345 | +11.1% |
| Amounts receivable after more than one year | 29 | €784,542 | €664,542 | -€120,000 | -15.3% |
| Other amounts receivable | 291 | €784,542 | €664,542 | -€120,000 | -15.3% |
| Amounts receivable within one year | 40/41 | €864,167 | €1,313,332 | +€449,165 | +52.0% |
| Trade receivables | 40 | €742,642 | €1,073,332 | +€330,690 | +44.5% |
| Other amounts receivable | 41 | €121,525 | €240,000 | +€118,475 | +97.5% |
| Cash at bank and in hand | 54/58 | €766,838 | €716,802 | -€50,036 | -6.5% |
| Deferred charges and accrued income | 490/1 | €28,366 | €19,582 | -€8,784 | -31.0% |
| Total equity and liabilities | 10/49 | €2,677,729 | €3,021,892 | +€344,162 | +12.9% |
| Equity | 10/15 | -€3,053,579 | -€3,005,947 | +€47,632 | +1.6% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,183,779 | -€3,136,147 | +€47,632 | +1.5% |
| Provisions and deferred taxes | 16 | €78,467 | €53,049 | -€25,418 | -32.4% |
| Provisions for liabilities and charges | 160/5 | €78,467 | €53,049 | -€25,418 | -32.4% |
| Other liabilities and charges | 164/5 | €78,467 | €53,049 | -€25,418 | -32.4% |
| Amounts payable | 17/49 | €5,652,842 | €5,974,790 | +€321,948 | +5.7% |
| Amounts payable after more than one year | 17 | €2,119,524 | €2,031,690 | -€87,834 | -4.1% |
| Other amounts payable | 178/9 | €2,119,524 | €2,031,690 | -€87,834 | -4.1% |
| Amounts payable within one year | 42/48 | €3,533,318 | €3,943,100 | +€409,782 | +11.6% |
| Trade debts | 44 | €3,462,913 | €3,773,379 | +€310,466 | +9.0% |
| Suppliers | 440/4 | €3,462,913 | €3,773,379 | +€310,466 | +9.0% |
| Taxes, remuneration and social security | 45 | €70,405 | €109,721 | +€39,317 | +55.8% |
| Taxes | 450/3 | €8,596 | €28,195 | +€19,599 | +228% |
| Remuneration and social security | 454/9 | €61,809 | €81,526 | +€19,717 | +31.9% |
| Other amounts payable | 47/48 | - | €60,000 | +€60,000 | |
| Operating income | 70/76A | €3,672,231 | €2,930,950 | -€741,281 | -20.2% |
| Turnover | 70 | €3,164,603 | €2,304,634 | -€859,969 | -27.2% |
| Other operating income | 74 | €503,708 | €626,316 | +€122,607 | +24.3% |
| Non-recurring operating income | 76A | €3,920 | €0 | -€3,920 | -100% |
| Operating charges | 60/66A | €3,045,220 | €2,799,443 | -€245,777 | -8.1% |
| Goods for resale, raw materials and consumables | 60 | €1,915,025 | €1,398,041 | -€516,984 | -27.0% |
| Purchases | 600/8 | €1,915,025 | €1,398,041 | -€516,984 | -27.0% |
| Services and other goods | 61 | €770,180 | €977,611 | +€207,431 | +26.9% |
| Remuneration, social security and pensions | 62 | €306,193 | €400,929 | +€94,735 | +30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,249 | €46,213 | -€1,036 | -2.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€25,699 | -€25,699 | |
| Other operating charges | 640/8 | €3,548 | €2,067 | -€1,481 | -41.7% |
| Non-recurring operating charges | 66A | €3,025 | €282 | -€2,743 | -90.7% |
| Operating profit (loss) | 9901 | €627,011 | €131,507 | -€495,504 | -79.0% |
| Financial income | 75/76B | €227 | €363 | +€135 | +59.4% |
| Recurring financial income | 75 | €227 | €363 | +€135 | +59.4% |
| Other financial income | 752/9 | €227 | €363 | +€135 | +59.4% |
| Financial charges | 65/66B | €152,834 | €82,919 | -€69,914 | -45.7% |
| Recurring financial charges | 65 | €152,834 | €82,919 | -€69,914 | -45.7% |
| Debt charges | 650 | €142,263 | €77,021 | -€65,243 | -45.9% |
| Other financial charges | 652/9 | €10,571 | €5,899 | -€4,672 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €474,405 | €48,950 | -€425,455 | -89.7% |
| Income taxes | 67/77 | €3,064 | €1,318 | -€1,746 | -57.0% |
| Taxes | 670/3 | €3,064 | €1,318 | -€1,746 | -57.0% |
| Profit (loss) for the period | 9904 | €471,341 | €47,632 | -€423,709 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €471,341 | €47,632 | -€423,709 | -89.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.