COSIPRO: what changed
COSIPRO
Largest movements
- Receivables within one year -€30,259
down €30,259 (-30.3%), from €99,866 to €69,606
of which Trade receivables: -€21,273
- Tangible fixed assets -€13,284
down €13,284 (-30.4%), from €43,726 to €30,441
of which Furniture and vehicles: -€13,092
- Cash +€7,001
up €7,001 (+2.1%), from €327,913 to €334,914
mainly Net result for the year (+€55,989) and Other debts (+€52,121)
- Tax, wage and social debts -€75,395
down €75,395 (-88.3%), from €85,359 to €9,965
- Other debts +€52,121
up €52,121 (+16.6%), from €313,409 to €365,530
- Reserves -€10,443
down €10,443 (-15.7%), from €66,432 to €55,989
- Gross operating margin -€20,049
down €20,049 (-19.4%), from €103,534 to €83,485
- Taxes -€2,523
down €2,523 (-13.9%), from €18,192 to €15,669
- Financial income +€2,223
up €2,223 (+756%), from €294 to €2,517
- Depreciation -€1,420
down €1,420 (-9.7%), from €14,704 to €13,284
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,445 | €437,077 | -€35,368 | -7.5% |
| Fixed assets | 21/28 | €43,726 | €30,441 | -€13,284 | -30.4% |
| Tangible fixed assets | 22/27 | €43,726 | €30,441 | -€13,284 | -30.4% |
| Plant, machinery and equipment | 23 | €1,534 | €1,342 | -€192 | -12.5% |
| Furniture and vehicles | 24 | €42,192 | €29,099 | -€13,092 | -31.0% |
| Current assets | 29/58 | €428,719 | €406,636 | -€22,084 | -5.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €99,866 | €69,606 | -€30,259 | -30.3% |
| Trade receivables | 40 | €86,772 | €65,499 | -€21,273 | -24.5% |
| Other amounts receivable | 41 | €13,094 | €4,107 | -€8,986 | -68.6% |
| Cash at bank and in hand | 54/58 | €327,913 | €334,914 | +€7,001 | +2.1% |
| Deferred charges and accrued income | 490/1 | €940 | €2,115 | +€1,174 | +125% |
| Total equity and liabilities | 10/49 | €472,445 | €437,077 | -€35,368 | -7.5% |
| Equity | 10/15 | €68,932 | €58,489 | -€10,443 | -15.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €66,432 | €55,989 | -€10,443 | -15.7% |
| Distributable reserves | 133 | €66,432 | €55,989 | -€10,443 | -15.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €403,513 | €378,588 | -€24,925 | -6.2% |
| Amounts payable within one year | 42/48 | €402,378 | €378,588 | -€23,790 | -5.9% |
| Financial debts | 43 | €569 | €37 | -€532 | -93.5% |
| Credit institutions | 430/8 | €569 | €37 | -€532 | -93.5% |
| Trade debts | 44 | €3,040 | €3,056 | +€16 | +0.5% |
| Suppliers | 440/4 | €3,040 | €3,056 | +€16 | +0.5% |
| Taxes, remuneration and social security | 45 | €85,359 | €9,965 | -€75,395 | -88.3% |
| Taxes | 450/3 | €85,359 | €9,965 | -€75,395 | -88.3% |
| Other amounts payable | 47/48 | €313,409 | €365,530 | +€52,121 | +16.6% |
| Accrued charges and deferred income | 492/3 | €1,135 | €0 | -€1,135 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,704 | €13,284 | -€1,420 | -9.7% |
| Other operating charges | 640/8 | €769 | €776 | +€7 | +0.9% |
| Gross operating margin | 9900 | €103,534 | €83,485 | -€20,049 | -19.4% |
| Operating profit (loss) | 9901 | €88,061 | €69,425 | -€18,636 | -21.2% |
| Financial income | 75/76B | €294 | €2,517 | +€2,223 | +756% |
| Recurring financial income | 75 | €294 | €2,517 | +€2,223 | +756% |
| Financial charges | 65/66B | €1,230 | €283 | -€947 | -77.0% |
| Recurring financial charges | 65 | €1,230 | €283 | -€947 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €87,124 | €71,658 | -€15,466 | -17.8% |
| Income taxes | 67/77 | €18,192 | €15,669 | -€2,523 | -13.9% |
| Profit (loss) for the period | 9904 | €68,932 | €55,989 | -€12,943 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,932 | €55,989 | -€12,943 | -18.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.