KOWORKS (0472.284.387): financials and annual accounts

KOWORKS

Antwerp ·KBO/BCE: BE 0472.284.387

Line	2025	2024	2023	2022	2021	2020	2019	2018	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	182,511	76,971	65,176	70,157	72,128	59,604	54,834	28,442	170,154	167,906	167,649	167,510	173,496	183,379	187,696	198,148	229,129	183,993
Fixed assets`21/28`	1,327	33,643	33,893	4,494	5,424	3,777	3,301	90	161,755	161,755	161,983	162,362	162,206	172,299	182,244	192,837	204,508	150,307
Tangible fixed assets`22/27`	1,327	1,577	1,827	2,427	3,357	1,710	1,234	-	-	-	228	607	452	10,545	20,489	31,082	42,753	2,157
Plant, machinery and equipment`23`	-	-	-	309	617	926	1,234	-	-	-	-	-	-	-	-	-	548	1,095
Furniture and vehicles`24`	-	-	-	42	413	785	-	-	-	-	228	607	452	10,545	20,489	31,082	42,206	1,062
Other tangible fixed assets`26`	1,327	1,577	1,827	2,077	2,327	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	32,067	32,067	2,067	2,067	2,067	2,067	90	161,755	161,755	161,755	161,755	161,755	161,755	161,755	161,755	161,755	148,150
Current assets`29/58`	181,184	43,327	31,282	65,663	66,704	55,827	51,533	28,352	8,399	6,151	5,666	5,148	11,290	11,079	5,453	5,311	24,621	33,686
Amounts receivable after more than one year`29`	7,500	10,000	12,500	15,000	17,500	20,000	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	7,500	10,000	12,500	15,000	17,500	20,000	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	110,570	29,933	17,531	24,148	25,302	16,391	32,617	23,005	7,398	6,151	5,666	5,148	4,897	4,505	4,520	3,312	3,351	285
Trade receivables`40`	20,570	9,680	6,989	13,687	13,893	8,457	24,684	21,883	-	-	-	305	-	-	-	62	148	-
Other amounts receivable`41`	90,000	20,253	10,543	10,461	11,409	7,933	7,933	1,122	7,398	6,151	5,666	4,843	4,897	4,505	4,520	3,250	3,203	285
Cash at bank and in hand`54/58`	63,114	2,412	342	26,515	21,586	18,012	18,125	5,346	1,001	-	-	-	1,393	574	933	1,999	21,269	33,400
Deferred charges and accrued income`490/1`	-	982	909	-	2,316	1,425	791	-	-	-	-	-	5,000	6,000	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	182,511	76,971	65,176	70,157	72,128	59,604	54,834	28,442	170,154	167,906	167,649	167,510	173,496	183,379	187,696	198,148	229,129	183,993
Equity`10/15`	137,106	-9,248	12,260	48,192	26,758	26,758	32,811	1,766	5,209	2,694	14,573	24,578	30,113	35,081	35,339	38,597	50,840	27,353
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Contributions outside capital`11`	-	-	-	-	18,600	18,600	-	-	-	-	-	-	-	-	-	-	-	-
Other`1109/19`	-	-	-	-	18,600	18,600	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	118,506	29,592	29,592	29,592	8,158	8,158	14,211	21,860	21,860	21,860	21,860	21,860	21,860	21,860	21,860	21,860	21,860	1,860
Non-distributable reserves`130/1`	-	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	118,506	29,592	29,592	29,592	6,298	6,298	12,351	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	-
Profit (loss) carried forward`14`	-	-57,441	-35,932	-	-	-	-	-38,694	-35,251	-37,766	-25,887	-15,882	-10,347	-5,379	-5,121	-1,863	10,380	6,893
Amounts payable`17/49`	45,405	86,219	52,915	21,964	45,370	32,846	22,024	26,676	164,945	165,212	153,076	142,932	143,383	148,297	152,358	159,551	178,289	156,640
Amounts payable after more than one year`17`	10,752	16,830	25,226	5,639	8,646	11,606	-	-	-	-	-	-	-	-	-	-	-	-
Financial debts`170/4`	10,752	16,830	25,226	5,639	8,646	11,606	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	34,652	69,389	27,689	16,325	36,723	21,240	22,024	11,376	164,945	165,212	153,076	142,680	143,143	148,066	152,135	159,344	178,099	156,450
Current portion of amounts payable after more than one year`42`	6,078	8,396	8,614	3,007	2,960	2,913	-	-	-	-	-	-	-	-	-	-	-	-
Financial debts`43`	516	1,686	-	-	-	-	-	-	164,945	165,212	153,018	141,722	140,671	146,485	151,216	157,675	155,071	146,749
Credit institutions`430/8`	516	1,686	-	-	-	-	-	-	-	35	87	119	-	-	-	-	-	-
Other loans`439`	-	-	-	-	-	-	-	-	164,945	165,177	152,931	141,604	140,671	146,485	151,216	157,675	155,071	146,749
Trade debts`44`	13,328	9,634	7,204	4,718	3,530	2,805	2,602	3,720	-	-	-	-	171	330	537	1,029	-	-
Suppliers`440/4`	13,328	9,634	7,204	4,718	3,530	2,805	2,602	3,720	-	-	-	-	171	330	537	1,029	-	-
Taxes, remuneration and social security`45`	14,731	894	145	8,599	10,440	7,835	6,477	5,438	-	-	57	958	2,300	1,251	382	641	23,028	9,700
Taxes`450/3`	14,731	894	145	8,599	8,359	7,835	6,477	5,438	-	-	57	958	2,300	1,251	382	641	23,028	9,700
Remuneration and social security`454/9`	-	-	-	-	2,081	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	-	48,779	11,727	-	19,794	7,686	12,945	2,218	-	-	-	-	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	15,300	-	-	-	252	240	231	223	207	190	190
Income statement
Non-recurring operating income`76A`	129,342	-	-	-	-	-	-	-	-	-	-	7,240	-	-	-	0	14,123	-
Gross operating margin`9900`	165,454	-16,212	-32,378	32,053	27,290	-2,584	52,966	11,281	3,043	-11,356	-9,061	-11,259	8,222	12,459	9,099	1,339	40,894	32,257
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	250	250	600	930	853	639	309	985	-	228	379	529	10,545	10,395	10,593	11,672	11,672	10,199
Other operating charges`640/8`	1,752	1,221	1,003	1,228	1,736	1,440	1,160	2,294	771	445	438	841	1,472	1,333	1,584	1,409	4,231	997
Operating profit (loss)`9901`	163,452	-17,683	-33,980	29,895	24,701	-4,662	51,498	8,001	2,272	-12,030	-9,877	-12,629	-3,795	732	-3,079	-11,742	24,990	21,060
Financial income`75/76B`	791	500	0	733	800	634	-	3	331	280	-	-	2	-	1	0	0	11
Recurring financial income`75`	791	500	0	733	800	634	-	3	331	280	-	-	2	-	1	0	0	11
Financial charges`65/66B`	5,851	4,148	1,807	1,561	1,235	1,841	1,237	1,538	89	130	127	147	234	147	180	208	1,727	119
Recurring financial charges`65`	5,851	4,148	1,807	1,561	1,235	1,841	1,237	1,538	89	130	127	147	234	147	180	208	1,727	119
Profit (loss) for the period before taxes`9903`	158,391	-21,331	-35,788	29,067	24,266	-5,870	50,261	6,466	2,515	-11,879	-10,004	-5,536	-4,027	586	-3,258	-11,950	37,386	20,952
Income taxes`67/77`	12,037	178	145	7,633	4,472	183	9,214	3,878	-	-	-	-	941	843	0	293	13,900	8,586
Profit (loss) for the period`9904`	146,355	-21,509	-35,932	21,434	19,794	-6,053	41,047	2,588	2,515	-11,879	-10,004	-5,536	-4,968	-258	-3,258	-12,243	23,487	12,366
Profit (loss) for the period to be appropriated`9905`	146,355	-21,509	-35,932	21,434	19,794	-6,053	41,047	2,588	2,515	-11,879	-10,004	-5,536	-4,968	-258	-3,258	-12,243	23,487	12,366
Appropriation of the result
Profit (loss) to be appropriated`9906`	88,914	-57,441	-35,932	21,434	19,794	-6,053	2,353	-38,694	-35,251	-37,766	-25,887	-15,882	-10,347	-5,379	-5,121	-1,863	30,380	6,893
Profit (loss) brought forward from the previous period`14P`	-57,441	-35,932	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	29,592	-	-	-	-	6,053	7,649	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	118,506	-	-	21,434	-	-	-	-	-	-	-	-	-	-	-	-	20,000	-
To other reserves`6921`	118,506	-	-	21,434	-	-	-	-	-	-	-	-	-	-	-	-	20,000	-
Profit to be distributed`694/7`	-	-	-	-	19,794	-	10,002	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	19,794	-	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	10,002	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
30-09-2025	micro format	29-04-2026	2026-00092576	PDF
30-09-2024	micro format	30-04-2025	2025-00081835	PDF
30-09-2023	micro format	26-04-2024	2024-00069586	PDF
30-09-2022	micro format	25-04-2023	2023-00064503	PDF
30-09-2021	micro format	28-04-2022	2022-20011024	PDF
30-09-2020	micro format	28-04-2021	2021-11400464	PDF
30-09-2019	micro format	14-04-2020	2020-08900502	PDF
30-09-2018	micro format	28-03-2019	2019-08100339	PDF
31-12-2016	abbreviated format	25-07-2017	2017-34700054	PDF
31-12-2015	abbreviated format	29-06-2016	2016-23200279	PDF
31-12-2014	abbreviated format	29-06-2015	2015-21900414	PDF
31-12-2013	abbreviated format	25-07-2014	2014-33900235	PDF
31-12-2012	abbreviated format	28-08-2013	2013-47400470	PDF
31-12-2011	abbreviated format	30-08-2012	2012-47700496	PDF
31-12-2010	abbreviated format	30-08-2011	2011-45700583	PDF
31-12-2009	abbreviated format	30-08-2010	2010-46100421	PDF
31-12-2008	abbreviated format	12-08-2009	2009-56100057	PDF
31-12-2007	abbreviated format	28-08-2008	2008-63200153	PDF
31-12-2006	abbreviated format	31-08-2007	2007-66100007	PDF
31-12-2005	abbreviated format	31-08-2006	2006-72101838	PDF
31-12-2004	abbreviated format	05-07-2005	2005-42202793	PDF
31-12-2003	abbreviated format	19-08-2004	2004-60601013	PDF
31-12-2002	abbreviated format	08-08-2003	2003-60801975	PDF
31-12-2001	abbreviated format	04-10-2002	2002-63003986	PDF
31-12-2000	abbreviated format	15-11-2001	2001-69704414	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	163,702	-17,433	-33,380	30,825	25,554	-4,024	51,807	8,986	-	-11,801	-9,498	-12,100	6,751	11,127	7,514	-71	36,662	31,260
Cash flow	146,605	-21,259	-35,332	22,365	20,647	-5,414	41,356	3,573	-	-11,651	-9,625	-5,007	5,578	10,137	7,335	-571	35,158	22,566
Investment in fixed assets (approximation)	-32,067	0	30,000	0	2,500	1,115	3,610	1,075	-	0	0	685	452	450	0	0	65,873	144,049
Change in cash	60,702	2,070	-26,173	4,929	3,574	-113	12,778	-	-	-	-	-	818	-359	-1,066	-19,270	-12,131	-
Working capital	146,532	-26,062	3,593	49,338	29,981	34,587	29,510	16,976	-156,546	-159,061	-147,410	-137,533	-131,853	-136,987	-146,682	-154,033	-153,478	-122,764
Solvency	75.1%	-12.0%	18.8%	68.7%	37.1%	44.9%	59.8%	6.2%	3.1%	1.6%	8.7%	14.7%	17.4%	19.1%	18.8%	19.5%	22.2%	14.9%
Current ratio	5.23	0.62	1.13	4.02	1.82	2.63	2.34	2.49	0.05	0.04	0.04	0.04	0.08	0.07	0.04	0.03	0.14	0.22
Debt to equity	0.33	-	4.32	0.46	1.70	1.23	0.67	15.11	31.67	61.33	10.50	5.82	4.76	4.23	4.31	4.13	3.51	5.73
ROE	106.7%	-	-293.1%	44.5%	74.0%	-22.6%	125.1%	146.6%	48.3%	-441.0%	-68.6%	-22.5%	-16.5%	-0.7%	-9.2%	-31.7%	46.2%	45.2%
ROA	80.2%	-27.9%	-55.1%	30.6%	27.4%	-10.2%	74.9%	9.1%	1.5%	-7.1%	-6.0%	-3.3%	-2.9%	-0.1%	-1.7%	-6.2%	10.3%	6.7%
Interest coverage	27.98	-4.20	-18.47	19.75	20.70	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Pledge on other assets, amount secured	-	€15,000	€15,000	€15,000	€15,000
Carrying value of the other pledged assets	-	-	-	-	€15,000

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	-	-	-	-	€2,500
Financial fixed assets	-	-	€30,000	-	-
Depreciation and write-downs of the year	€250	€250	€600	€930	€853

KOWORKS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency75.1%

Current ratio5.23

Return on assets80.2%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on KOWORKS

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