LSVAF2 Cosmopolitan Management: 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.
LSVAF2 Cosmopolitan Management
Largest movements
- Cash -€18,282
down €18,282 (-27.4%), from €66,780 to €48,498
mainly Net result for the year (-€14,605) and Trade debts (-€3,501)
- Profit (loss) carried forward -€14,605
down €14,605 (-79.7%), from -€18,331 to -€32,936
- Trade debts -€3,501
down €3,501 (-22.4%), from €15,642 to €12,141
- Gross operating margin -€1,976
down €1,976 (-15.4%), from -€12,866 to -€14,842
- Financial income -€1,145
down €1,145 (-66.1%), from €1,732 to €588
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,311 | €49,205 | -€18,106 | -26.9% |
| Fixed assets | 21/28 | €11 | €11 | = | 0.0% |
| Financial fixed assets | 28 | €11 | €11 | = | 0.0% |
| Current assets | 29/58 | €67,300 | €49,194 | -€18,106 | -26.9% |
| Amounts receivable within one year | 40/41 | €520 | €696 | +€176 | +33.9% |
| Other amounts receivable | 41 | €520 | €696 | +€176 | +33.9% |
| Cash at bank and in hand | 54/58 | €66,780 | €48,498 | -€18,282 | -27.4% |
| Total equity and liabilities | 10/49 | €67,311 | €49,205 | -€18,106 | -26.9% |
| Equity | 10/15 | €51,669 | €37,064 | -€14,605 | -28.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,331 | -€32,936 | -€14,605 | -79.7% |
| Amounts payable | 17/49 | €15,642 | €12,141 | -€3,501 | -22.4% |
| Amounts payable within one year | 42/48 | €15,642 | €12,141 | -€3,501 | -22.4% |
| Trade debts | 44 | €15,642 | €12,141 | -€3,501 | -22.4% |
| Suppliers | 440/4 | €15,642 | €12,141 | -€3,501 | -22.4% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | -€12,866 | -€14,842 | -€1,976 | -15.4% |
| Operating profit (loss) | 9901 | -€12,866 | -€14,842 | -€1,976 | -15.4% |
| Financial income | 75/76B | €1,732 | €588 | -€1,145 | -66.1% |
| Recurring financial income | 75 | €1,732 | €588 | -€1,145 | -66.1% |
| Financial charges | 65/66B | €351 | €351 | +€0 | 0.0% |
| Recurring financial charges | 65 | €351 | €351 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,484 | -€14,605 | -€3,121 | -27.2% |
| Profit (loss) for the period | 9904 | -€11,484 | -€14,605 | -€3,121 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,484 | -€14,605 | -€3,121 | -27.2% |
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 19 October 2026 via checked.be.