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COSITEK: 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

COSITEK

BE 0459.573.528
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,839
2024 · -€171-€1,668
Equity
€22,817
2024 · €24,656-€1,839
Cash
€10,850
2024 · €8,874+€1,976
Balance sheet total
€44,249
2024 · €43,839+€410

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€2,568

    down €2,568 (-8.0%), from €32,007 to €29,439

  • Cash +€1,976

    up €1,976 (+22.3%), from €8,874 to €10,850

    mainly Other debts (+€3,361) and Receivables within one year (+€2,568)

  • Tangible fixed assets +€574

    up €574 (+148%), from €388 to €962

Equity and liabilities
  • Other debts +€3,361

    up €3,361 (+21.6%), from €15,543 to €18,904

  • Profit (loss) carried forward -€1,839

    down €1,839, from €251 to -€1,588

  • Tax, wage and social debts -€1,157

    down €1,157 (-31.8%), from €3,640 to €2,483

Income statement
  • Purchases and services +€8,274

    up €8,274 (+31.2%), from €26,495 to €34,769

  • Financial charges +€4,350

    up €4,350 (+9,457%), from €46 to €4,396

  • Gross operating margin +€1,487

    up €1,487 (+58.1%), from €2,559 to €4,046

  • Taxes -€631

    down €631 (-65.6%), from €962 to €331

From the 2024 result to the 2025 result

effect on the 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 -€171
Gross operating margin +€1,487
Depreciation +€331
Other operating charges -€28
Financial income +€261
Financial charges -€4,350
Taxes +€631
Result 2025 -€1,839
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€3,156
Investment -€1,180
Financing €0
Cash 2024 €8,874
Net result for the year -€1,839
Depreciation +€606
Receivables within one year +€2,568
Deferred charges and accrued income -€428
Trade debts +€45
Tax, wage and social debts -€1,157
Other debts +€3,361
Investment in fixed assets (net) -€1,180
Cash 2025 €10,850
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €43,839 €44,249 +€410 +0.9%
Fixed assets 21/28 €388 €962 +€574 +148%
Tangible fixed assets 22/27 €388 €962 +€574 +148%
Furniture and vehicles 24 €388 €962 +€574 +148%
Current assets 29/58 €43,451 €43,287 -€164 -0.4%
Amounts receivable within one year 40/41 €32,007 €29,439 -€2,568 -8.0%
Trade receivables 40 €32,007 €29,439 -€2,568 -8.0%
Cash at bank and in hand 54/58 €8,874 €10,850 +€1,976 +22.3%
Deferred charges and accrued income 490/1 €2,570 €2,998 +€428 +16.7%
Total equity and liabilities 10/49 €43,839 €44,249 +€410 +0.9%
Equity 10/15 €24,656 €22,817 -€1,839 -7.5%
Contributions 10/11 €6,205 €6,205 = 0.0%
Reserves 13 €18,200 €18,200 = 0.0%
Distributable reserves 133 €18,200 €18,200 = 0.0%
Profit (loss) carried forward 14 €251 -€1,588 -€1,839
Amounts payable 17/49 €19,183 €21,432 +€2,249 +11.7%
Amounts payable within one year 42/48 €19,183 €21,432 +€2,249 +11.7%
Trade debts 44 - €45 +€45
Suppliers 440/4 - €45 +€45
Taxes, remuneration and social security 45 €3,640 €2,483 -€1,157 -31.8%
Taxes 450/3 €3,640 €2,483 -€1,157 -31.8%
Other amounts payable 47/48 €15,543 €18,904 +€3,361 +21.6%
Turnover 70 €36,295 €36,055 -€240 -0.7%
Goods, raw materials, services and sundry goods 60/61 €26,495 €34,769 +€8,274 +31.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €937 €606 -€331 -35.3%
Other operating charges 640/8 €849 €877 +€28 +3.3%
Gross operating margin 9900 €2,559 €4,046 +€1,487 +58.1%
Operating profit (loss) 9901 €773 €2,563 +€1,790 +232%
Financial income 75/76B €64 €325 +€261 +408%
Recurring financial income 75 €64 €325 +€261 +408%
Financial charges 65/66B €46 €4,396 +€4,350 +9,457%
Recurring financial charges 65 €46 €4,396 +€4,350 +9,457%
Profit (loss) for the period before taxes 9903 €791 -€1,508 -€2,299
Income taxes 67/77 €962 €331 -€631 -65.6%
Profit (loss) for the period 9904 -€171 -€1,839 -€1,668 -975%
Profit (loss) for the period to be appropriated 9905 -€171 -€1,839 -€1,668 -975%

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 27 October 2026 via checked.be.