KODI (0454.059.770): financials and annual accounts

KODI

Rijkevorsel ·KBO/BCE: BE 0454.059.770

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	29,652	36,934	44,306	53,304	111,921	75,364	113,309	72,836	65,616	75,440	112,145	94,699	126,580	139,658	169,278	190,162	319,416	259,338	209,825	146,376
Fixed assets`21/28`	22,535	30,819	39,102	39,374	31,042	16,340	21,026	3,895	3,435	4,461	4,843	10,015	19,159	35,333	57,820	72,176	171,555	99,459	54,781	25,183
Tangible fixed assets`22/27`	22,535	30,819	39,102	39,374	30,772	16,070	20,756	3,625	2,365	4,191	4,843	10,015	19,159	35,333	57,820	72,176	171,555	99,459	53,988	24,390
Land and buildings`22`	-	-	-	-	844	1,087	1,513	1,939	2,365	2,791	2,043	1,102	1,286	1,469	1,653	-	-	-	-	-
Plant, machinery and equipment`23`	-	-	-	-	-	-	177	353	-	-	-	1,762	6,371	25,011	44,363	57,803	134,182	76,480	16,018	16,105
Furniture and vehicles`24`	22,535	30,819	39,102	39,374	29,928	14,984	19,067	1,333	-	1,400	2,800	7,151	11,502	8,853	11,804	14,373	37,373	22,979	37,970	8,285
Financial fixed assets`28`	-	-	-	-	270	270	270	270	1,070	270	-	-	-	-	-	-	-	-	793	793
Current assets`29/58`	7,117	6,115	5,204	13,930	80,879	59,023	92,282	68,940	62,181	70,979	107,302	84,685	107,421	104,325	111,458	117,987	147,861	159,879	155,044	121,193
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,008	43,767	28,197	26,710
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,008	31,267	28,197	26,710
Contracts in progress`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,500	-	-
Amounts receivable within one year`40/41`	4,916	4,545	4,207	2,697	40,770	46,746	77,596	51,951	48,609	46,309	63,768	42,482	73,470	52,738	63,898	53,182	102,196	107,387	119,004	81,848
Trade receivables`40`	4,848	3,369	4,001	2,697	33,551	44,513	77,242	45,861	45,571	39,413	54,471	23,961	54,232	38,213	50,159	34,532	50,576	42,455	71,410	61,030
Other amounts receivable`41`	68	1,177	207	-	7,219	2,233	354	6,090	3,038	6,897	9,297	18,521	19,238	14,526	13,738	18,650	51,619	64,932	47,594	20,818
Cash at bank and in hand`54/58`	2,201	1,569	997	11,232	26,127	9,030	14,686	16,989	13,572	24,632	36,477	32,874	3,053	1,055	570	3,605	-	763	743	733
Deferred charges and accrued income`490/1`	-	-	-	-	13,983	3,247	-	-	-	37	7,057	9,329	30,898	50,531	46,991	61,200	9,658	7,962	7,100	11,902
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	29,652	36,934	44,306	53,304	111,921	75,364	113,309	72,836	65,616	75,440	112,145	94,699	126,580	139,658	169,278	190,162	319,416	259,338	209,825	146,376
Equity`10/15`	-172,621	-173,170	-175,997	-174,823	-199,424	-191,613	-190,209	-200,004	-190,844	-153,399	-130,241	-147,770	-145,632	-132,493	-121,150	-101,859	18,334	-82,581	-70,232	-137,168
Contributions`10/11`	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310
Issued capital`100`	-	-	-	-	-	-	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310	22,310
Revaluation surpluses`12`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,834	-	-	-
Reserves`13`	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231
Non-distributable reserves`130/1`	-	-	-	2,231	2,231	2,231	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231	2,231
Reserves not available under the articles`1311`	-	-	-	2,231	2,231	2,231	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	2,231	2,231	2,231	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-197,163	-197,712	-200,539	-199,364	-223,966	-216,154	-214,750	-224,545	-215,386	-177,941	-154,783	-172,311	-170,173	-157,034	-145,691	-126,400	-106,042	-107,122	-94,773	-161,709
Amounts payable`17/49`	202,273	210,104	220,304	228,126	311,346	266,977	303,517	272,839	256,460	228,839	242,386	242,469	272,211	272,151	290,428	292,021	301,082	341,919	280,057	283,544
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	3,575	11,773	19,462	26,673	-	304	3,832	9,882	19,973	38,413	11,270	-
Financial debts`170/4`	-	-	-	-	-	-	-	-	3,575	11,773	19,462	26,673	-	304	3,832	9,882	19,973	38,413	11,270	-
Amounts payable within one year`42/48`	176,073	183,904	194,104	201,926	285,146	239,977	282,217	256,639	250,886	216,166	213,848	214,568	272,211	271,847	286,596	282,139	261,824	274,153	264,369	279,015
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	3,575	8,199	7,689	7,211	6,762	304	3,528	12,944	22,874	18,439	22,871	7,809	790
Financial debts`43`	-	-	-	10,712	127,134	92,582	135,363	103,266	140,347	80,000	80,000	80,000	107,847	25,623	34,265	35,863	44,282	48,828	41,408	26,360
Credit institutions`430/8`	-	-	-	10,712	127,134	92,582	135,363	103,266	140,347	80,000	80,000	80,000	107,847	25,623	34,265	35,863	44,282	48,828	41,408	26,360
Trade debts`44`	1,438	5,709	10,048	10,248	91,009	104,997	104,326	143,053	89,399	107,502	100,448	99,657	128,562	216,232	233,459	197,891	193,122	153,544	176,444	196,469
Suppliers`440/4`	1,438	5,709	10,048	10,248	91,009	104,997	104,326	143,053	89,399	107,502	100,448	99,657	128,562	216,232	233,459	197,891	193,122	153,544	176,444	196,469
Taxes, remuneration and social security`45`	2,503	1,100	1,281	967	5,531	1,539	1,670	4,906	2,332	6,733	2,992	2,477	5,551	3,382	-	5,510	5,981	48,910	38,708	55,396
Taxes`450/3`	1,403	0	181	967	791	789	825	871	464	195	192	377	188	-	-	-	-	4,159	5,920	4,211
Remuneration and social security`454/9`	1,100	1,100	1,100	-	4,740	750	845	4,034	1,868	6,538	2,800	2,100	5,363	3,382	-	5,510	5,981	44,751	32,788	51,185
Other amounts payable`47/48`	172,132	177,095	182,774	179,999	61,473	40,858	40,858	1,840	10,609	14,242	23,197	25,671	29,947	23,083	5,928	20,000	-	-	-	-
Accrued charges and deferred income`492/3`	26,200	26,200	26,200	26,200	26,200	27,000	21,300	16,200	2,000	900	9,077	1,228	-	-	-	-	19,284	29,353	4,418	4,529
Income statement
Non-recurring operating income`76A`	-	-	-	70,050	500	-	-	-	-	-	-	-	2,000	-	13,000	-	-	-	-	-
Gross operating margin`9900`	9,903	13,903	1,177	92,672	153,092	131,097	155,305	138,418	105,270	147,400	212,083	207,571	187,722	213,515	204,336	194,082	242,916	247,624	293,910	241,319
Remuneration, social security and pensions`62`	-	0	-	49,907	149,490	123,000	132,431	139,758	132,352	157,132	171,988	175,734	167,525	185,017	181,496	177,675	184,080	206,586	188,366	189,465
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,283	8,283	272	2,771	5,298	6,054	5,869	1,269	1,826	1,826	6,422	9,144	23,774	22,486	35,367	-	34,521	35,282	21,165	21,910
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	12,304	-	-	2,421	-	-	-1,492	-	1,492	-	-	-	-	-	-	-	-
Other operating charges`640/8`	872	2,602	409	1,809	3,022	1,577	1,924	2,405	1,442	1,541	1,919	2,521	1,885	2,802	2,877	3,704	5,702	5,303	6,029	6,693
Non-recurring operating charges`66A`	-	-	-	844	-	-	-	-	-	-	-	-	-	-	2,391	-	-	297	346	2,807
Operating profit (loss)`9901`	747	3,017	496	25,037	-4,718	466	12,659	-5,015	-30,350	-11,606	31,755	18,680	-5,462	3,210	-15,404	12,702	18,615	453	78,350	23,251
Financial income`75/76B`	1	-	-	165	-	1	1,440	3,499	982	400	2	3	10,012	3	13	18	3,766	160	17	-
Recurring financial income`75`	1	-	-	165	-	1	1,440	3,499	982	400	2	3	10,012	3	13	18	3,766	160	17	-
Financial charges`65/66B`	67	56	1,527	259	2,689	1,485	3,902	7,236	7,613	11,757	14,035	20,631	19,444	14,556	14,509	20,111	21,301	12,665	11,085	14,865
Recurring financial charges`65`	67	56	1,527	259	2,689	1,485	3,902	7,236	7,613	11,757	14,035	20,631	19,444	14,556	14,509	20,111	21,301	12,665	11,085	14,865
Profit (loss) for the period before taxes`9903`	681	2,962	-1,031	24,943	-7,407	-1,017	10,197	-8,752	-36,981	-22,963	17,721	-1,948	-12,894	-11,343	-19,291	-7,391	1,080	-12,349	66,936	5,579
Income taxes`67/77`	132	135	143	341	404	387	402	407	464	195	192	190	245	-	-	12,967	-	-	-	-
Profit (loss) for the period`9904`	549	2,827	-1,174	24,602	-7,811	-1,404	9,795	-9,159	-37,445	-23,158	17,528	-2,138	-13,139	-11,343	-19,291	-20,358	1,080	-12,349	66,936	5,579
Profit (loss) for the period to be appropriated`9905`	549	2,827	-1,174	24,602	-7,811	-1,404	9,795	-9,159	-37,445	-23,158	17,528	-2,138	-13,139	-11,343	-19,291	-20,358	1,080	-12,349	66,936	5,579
Appropriation of the result
Profit (loss) to be appropriated`9906`	-197,163	-197,712	-200,539	-199,364	-223,966	-216,154	-214,750	-224,545	-215,386	-177,941	-154,783	-172,311	-170,173	-157,034	-145,691	-126,400	-106,042	-107,122	-94,773	-161,709
Profit (loss) brought forward from the previous period`14P`	-197,712	-200,539	-199,364	-223,966	-216,154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	1.1	3	3.7	3.1	3.8	3.4	3.7	4	4.2	4.2	4.7	4.4	4.3	5	5.7	4.6	4.9
Hours worked`1013`	-	-	-	1,392	4,568	4,084	4,336	4,620	4,604	5,680	5,976	6,024	5,856	6,488	6,760	6,240	7,568	8,016	7,648	7,916
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	03-04-2026	2026-00072342	PDF
31-12-2024	micro format	26-06-2025	2025-00190163	PDF
31-12-2023	micro format	16-05-2024	2024-00090841	PDF
31-12-2022	micro format	17-05-2023	2023-00092652	PDF
31-12-2021	micro format	25-05-2022	2022-20035827	PDF
31-12-2020	micro format	14-06-2021	2021-20200332	PDF
31-12-2019	micro format	19-05-2020	2020-12700111	PDF
31-12-2018	micro format	27-05-2019	2019-14600249	PDF
31-12-2017	micro format	17-05-2018	2018-13200291	PDF
31-12-2016	micro format	19-05-2017	2017-12700492	PDF
31-12-2015	abbreviated format	17-05-2016	2016-12600152	PDF
31-12-2014	abbreviated format	18-05-2015	2015-12200404	PDF
31-12-2013	abbreviated format	27-05-2014	2014-14200396	PDF
31-12-2012	abbreviated format	07-06-2013	2013-16300580	PDF
31-12-2011	abbreviated format	21-05-2012	2012-12300544	PDF
31-12-2010	abbreviated format	10-06-2011	2011-16000444	PDF
31-12-2009	abbreviated format	11-06-2010	2010-17300382	PDF
31-12-2008	abbreviated format	26-06-2009	2009-34300172	PDF
31-12-2007	abbreviated format	03-07-2008	2008-34700010	PDF
31-12-2006	abbreviated format	22-06-2007	2007-26400323	PDF
31-12-2005	abbreviated format	07-06-2006	2006-21102798	PDF
31-12-2004	abbreviated format	09-06-2005	2005-23204355	PDF
31-12-2003	abbreviated format	14-06-2004	2004-24201077	PDF
31-12-2002	abbreviated format	03-07-2003	2003-38301872	PDF
31-12-2001	abbreviated format	12-06-2002	2002-20102549	PDF
31-12-2000	abbreviated format	07-06-2001	2001-18300311	PDF
31-12-1999	abbreviated format	08-06-2000	2000-19701370	PDF
31-12-1998	abbreviated format	10-06-1999	1999-16801591	PDF
31-12-1997	abbreviated format	15-06-1998	1998-17500636	PDF
31-12-1996	abbreviated format	06-06-1997	1997-12800060	PDF
31-03-1996	abbreviated format	16-09-1996	1996-43703785	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	9,031	11,301	768	27,808	580	6,520	18,528	-3,745	-28,524	-9,780	38,176	27,824	18,312	25,696	19,963	-	53,135	35,735	99,515	45,161
Cash flow	8,832	11,110	-903	27,373	-2,513	4,649	15,664	-7,890	-35,619	-21,332	23,950	7,006	10,635	11,143	16,076	-	35,601	22,933	88,101	27,489
Investment in fixed assets (approximation)	0	0	0	41,417	20,000	1,368	23,000	2,530	800	1,443	1,250	0	7,599	0	24,402	455	6,782	90,270	50,763	5,786
Change in cash	632	573	-10,236	-14,894	17,097	-5,657	-2,303	3,417	-11,060	-11,844	3,602	29,821	1,998	485	-3,035	-	-	20	10	-
Working capital	-168,957	-177,789	-188,899	-187,997	-204,266	-180,953	-189,935	-187,699	-188,704	-145,187	-106,546	-129,884	-164,790	-167,522	-175,138	-164,152	-113,963	-114,274	-109,325	-157,822
Solvency	-582.2%	-468.9%	-397.2%	-328.0%	-178.2%	-254.3%	-167.9%	-274.6%	-290.9%	-203.3%	-116.1%	-156.0%	-115.1%	-94.9%	-71.6%	-53.6%	5.7%	-31.8%	-33.5%	-93.7%
Current ratio	0.04	0.03	0.03	0.07	0.28	0.25	0.33	0.27	0.25	0.33	0.50	0.39	0.39	0.38	0.39	0.42	0.56	0.58	0.59	0.43
Quick ratio	0.04	0.03	0.03	0.07	0.28	0.25	0.33	0.27	0.25	0.33	0.50	0.39	0.39	0.38	0.39	0.42	0.43	0.42	0.48	0.34
Debt to equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16.42	-	-	-
ROE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.9%	-	-	-
ROA	1.9%	7.7%	-2.7%	46.2%	-7.0%	-1.9%	8.6%	-12.6%	-57.1%	-30.7%	15.6%	-2.3%	-10.4%	-8.1%	-11.4%	-10.7%	0.3%	-4.8%	31.9%	3.8%
Interest coverage	over 100	over 100	0.50	over 100	0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	31-12-2022	31-12-2021
Employees at the balance-sheet date	-	3
full-time	-	3
in full-time equivalents	-	3
Average over the year, in full-time equivalents	1.1	3
On a permanent contract	-	3
Joined	0	0
Left	3	1

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€41,417	€20,000
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€8,283	€8,283	€272	€2,771	€5,298

KODI

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-582.2%

Current ratio0.04

Return on assets1.9%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on KODI

Next steps