August Koster: what changed
Two fiscal 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.
August Koster
Largest movements
- Cash -€9,757
down €9,757 (-88.6%), from €11,010 to €1,253
mainly Debts after one year (-€20,078) and Net result for the year (-€10,348)
- Tangible fixed assets -€9,448
down €9,448 (-2.1%), from €443,635 to €434,187
- Debts after one year -€20,078
down €20,078 (-6.5%), from €310,049 to €289,970
- Other debts +€11,685
up €11,685 (+7.0%), from €166,823 to €178,508
- Profit (loss) carried forward -€10,348
down €10,348 (-16.3%), from -€63,609 to -€73,957
- Gross operating margin -€13,261
down €13,261 (-45.4%), from €29,230 to €15,969
- Financial charges -€608
down €608 (-4.1%), from €14,796 to €14,188
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.
Cash bridge derived
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 | €454,644 | €435,439 | -€19,205 | -4.2% |
| Fixed assets | 21/28 | €443,635 | €434,187 | -€9,448 | -2.1% |
| Tangible fixed assets | 22/27 | €443,635 | €434,187 | -€9,448 | -2.1% |
| Land and buildings | 22 | €443,635 | €434,187 | -€9,448 | -2.1% |
| Current assets | 29/58 | €11,010 | €1,253 | -€9,757 | -88.6% |
| Cash at bank and in hand | 54/58 | €11,010 | €1,253 | -€9,757 | -88.6% |
| Total equity and liabilities | 10/49 | €454,644 | €435,439 | -€19,205 | -4.2% |
| Equity | 10/15 | -€43,609 | -€53,957 | -€10,348 | -23.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,609 | -€73,957 | -€10,348 | -16.3% |
| Amounts payable | 17/49 | €498,253 | €489,396 | -€8,857 | -1.8% |
| Amounts payable after more than one year | 17 | €310,049 | €289,970 | -€20,078 | -6.5% |
| Financial debts | 170/4 | €310,049 | €289,970 | -€20,078 | -6.5% |
| Amounts payable within one year | 42/48 | €188,205 | €199,425 | +€11,221 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €19,328 | €20,078 | +€750 | +3.9% |
| Trade debts | 44 | €2,053 | €840 | -€1,214 | -59.1% |
| Suppliers | 440/4 | €2,053 | €840 | -€1,214 | -59.1% |
| Other amounts payable | 47/48 | €166,823 | €178,508 | +€11,685 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,697 | €9,698 | +€1 | 0.0% |
| Other operating charges | 640/8 | €2,350 | €2,431 | +€81 | +3.4% |
| Gross operating margin | 9900 | €29,230 | €15,969 | -€13,261 | -45.4% |
| Operating profit (loss) | 9901 | €17,183 | €3,840 | -€13,343 | -77.7% |
| Financial charges | 65/66B | €14,796 | €14,188 | -€608 | -4.1% |
| Recurring financial charges | 65 | €14,796 | €14,188 | -€608 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €2,387 | -€10,348 | -€12,735 | |
| Profit (loss) for the period | 9904 | €2,387 | -€10,348 | -€12,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,387 | -€10,348 | -€12,735 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.