Kosmopoli: 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.
Kosmopoli
Largest movements
- Tangible fixed assets -€24,365
down €24,365 (-6.1%), from €396,916 to €372,551
of which Plant, machinery and equipment: -€13,982
- Cash +€11,750
up €11,750 (+6.0%), from €197,435 to €209,185
mainly Other debts (+€147,698) and Net result for the year (+€94,835)
- Reserves -€161,165
down €161,165 (-96.6%), from €166,883 to €5,717
- Other debts +€147,698
up €147,698 (+132.5%), from €111,485 to €259,183
- Debts after one year -€33,172
down €33,172 (-13.3%), from €248,951 to €215,779
- Trade debts +€29,682
up €29,682 (+97.7%), from €30,378 to €60,060
- Tax, wage and social debts +€6,535
up €6,535 (+40.2%), from €16,252 to €22,786
- Staff costs +€21,553
up €21,553 (+17.9%), from €120,648 to €142,201
- Gross operating margin +€16,304
up €16,304 (+5.7%), from €285,717 to €302,021
- Depreciation +€5,866
up €5,866 (+29.7%), from €19,738 to €25,603
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 | €614,812 | €605,698 | -€9,114 | -1.5% |
| Fixed assets | 21/28 | €396,916 | €372,551 | -€24,365 | -6.1% |
| Tangible fixed assets | 22/27 | €396,916 | €372,551 | -€24,365 | -6.1% |
| Land and buildings | 22 | €259,301 | €252,235 | -€7,067 | -2.7% |
| Plant, machinery and equipment | 23 | €121,303 | €107,321 | -€13,982 | -11.5% |
| Furniture and vehicles | 24 | €16,312 | €12,996 | -€3,316 | -20.3% |
| Current assets | 29/58 | €217,896 | €233,146 | +€15,250 | +7.0% |
| Amounts receivable within one year | 40/41 | €20,268 | €21,420 | +€1,152 | +5.7% |
| Trade receivables | 40 | - | €31 | +€31 | |
| Other amounts receivable | 41 | €20,268 | €21,389 | +€1,121 | +5.5% |
| Cash at bank and in hand | 54/58 | €197,435 | €209,185 | +€11,750 | +6.0% |
| Deferred charges and accrued income | 490/1 | €193 | €2,542 | +€2,349 | +1217.5% |
| Total equity and liabilities | 10/49 | €614,812 | €605,698 | -€9,114 | -1.5% |
| Equity | 10/15 | €175,883 | €14,717 | -€161,165 | -91.6% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €166,883 | €5,717 | -€161,165 | -96.6% |
| Distributable reserves | 133 | €166,883 | €5,717 | -€161,165 | -96.6% |
| Amounts payable | 17/49 | €438,929 | €590,980 | +€152,051 | +34.6% |
| Amounts payable after more than one year | 17 | €248,951 | €215,779 | -€33,172 | -13.3% |
| Financial debts | 170/4 | €248,951 | €215,779 | -€33,172 | -13.3% |
| Amounts payable within one year | 42/48 | €189,979 | €375,201 | +€185,223 | +97.5% |
| Current portion of amounts payable after more than one year | 42 | €31,864 | €33,172 | +€1,308 | +4.1% |
| Trade debts | 44 | €30,378 | €60,060 | +€29,682 | +97.7% |
| Suppliers | 440/4 | €30,378 | €60,060 | +€29,682 | +97.7% |
| Taxes, remuneration and social security | 45 | €16,252 | €22,786 | +€6,535 | +40.2% |
| Remuneration and social security | 454/9 | €16,252 | €22,786 | +€6,535 | +40.2% |
| Other amounts payable | 47/48 | €111,485 | €259,183 | +€147,698 | +132.5% |
| Remuneration, social security and pensions | 62 | €120,648 | €142,201 | +€21,553 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,738 | €25,603 | +€5,866 | +29.7% |
| Other operating charges | 640/8 | €795 | €816 | +€21 | +2.6% |
| Gross operating margin | 9900 | €285,717 | €302,021 | +€16,304 | +5.7% |
| Operating profit (loss) | 9901 | €144,536 | €133,400 | -€11,136 | -7.7% |
| Financial income | 75/76B | €60 | - | -€60 | |
| Recurring financial income | 75 | €60 | - | -€60 | |
| Financial charges | 65/66B | €13,425 | €11,137 | -€2,288 | -17.0% |
| Recurring financial charges | 65 | €13,425 | €11,137 | -€2,288 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €131,171 | €122,263 | -€8,908 | -6.8% |
| Income taxes | 67/77 | €26,732 | €27,428 | +€696 | +2.6% |
| Profit (loss) for the period | 9904 | €104,439 | €94,835 | -€9,605 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €104,439 | €94,835 | -€9,605 | -9.2% |
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 28 September 2026 via checked.be.