C.KOYA: 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.
C.KOYA
Largest movements
- Current investments +€55,225
up €55,225 (+51.0%), from €108,283 to €163,507
- Receivables within one year -€3,891
down €3,891 (-26.7%), from €14,592 to €10,701
- Cash -€2,739
down €2,739 (-4.1%), from €66,737 to €63,998
mainly Current investments (-€55,225) and Investment in fixed assets (net) (-€2,472)
- Reserves +€41,070
up €41,070 (+24.9%), from €164,751 to €205,821
- Tax, wage and social debts +€6,199
up €6,199 (+31.5%), from €19,707 to €25,906
- Gross operating margin -€19,823
down €19,823 (-24.5%), from €80,970 to €61,147
- Taxes -€3,045
down €3,045 (-14.8%), from €20,506 to €17,461
- Financial income +€1,154
up €1,154 (+627.7%), from €184 to €1,338
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 | €197,929 | €245,286 | +€47,357 | +23.9% |
| Fixed assets | 21/28 | €7,941 | €6,832 | -€1,108 | -14.0% |
| Tangible fixed assets | 22/27 | €7,941 | €6,832 | -€1,108 | -14.0% |
| Plant, machinery and equipment | 23 | €7,941 | €4,823 | -€3,118 | -39.3% |
| Furniture and vehicles | 24 | - | €2,009 | +€2,009 | |
| Current assets | 29/58 | €189,989 | €238,454 | +€48,465 | +25.5% |
| Amounts receivable within one year | 40/41 | €14,592 | €10,701 | -€3,891 | -26.7% |
| Trade receivables | 40 | €14,592 | €10,701 | -€3,891 | -26.7% |
| Current investments | 50/53 | €108,283 | €163,507 | +€55,225 | +51.0% |
| Cash at bank and in hand | 54/58 | €66,737 | €63,998 | -€2,739 | -4.1% |
| Deferred charges and accrued income | 490/1 | €378 | €248 | -€130 | -34.3% |
| Total equity and liabilities | 10/49 | €197,929 | €245,286 | +€47,357 | +23.9% |
| Equity | 10/15 | €172,367 | €213,438 | +€41,070 | +23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €164,751 | €205,821 | +€41,070 | +24.9% |
| Distributable reserves | 133 | €164,751 | €205,821 | +€41,070 | +24.9% |
| Profit (loss) carried forward | 14 | €1,417 | €1,417 | = | 0.0% |
| Amounts payable | 17/49 | €25,562 | €31,849 | +€6,287 | +24.6% |
| Amounts payable within one year | 42/48 | €25,562 | €30,889 | +€5,327 | +20.8% |
| Trade debts | 44 | €117 | €1,045 | +€928 | +796.1% |
| Suppliers | 440/4 | €117 | €1,045 | +€928 | +796.1% |
| Taxes, remuneration and social security | 45 | €19,707 | €25,906 | +€6,199 | +31.5% |
| Taxes | 450/3 | €19,707 | €25,906 | +€6,199 | +31.5% |
| Other amounts payable | 47/48 | €5,739 | €3,938 | -€1,800 | -31.4% |
| Accrued charges and deferred income | 492/3 | - | €960 | +€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,468 | €3,581 | +€113 | +3.3% |
| Other operating charges | 640/8 | €398 | €297 | -€102 | -25.5% |
| Gross operating margin | 9900 | €80,970 | €61,147 | -€19,823 | -24.5% |
| Operating profit (loss) | 9901 | €77,104 | €57,269 | -€19,835 | -25.7% |
| Financial income | 75/76B | €184 | €1,338 | +€1,154 | +627.7% |
| Recurring financial income | 75 | €184 | €1,338 | +€1,154 | +627.7% |
| Financial charges | 65/66B | €119 | €76 | -€43 | -36.1% |
| Recurring financial charges | 65 | €119 | €76 | -€43 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €77,169 | €58,531 | -€18,638 | -24.2% |
| Income taxes | 67/77 | €20,506 | €17,461 | -€3,045 | -14.8% |
| Profit (loss) for the period | 9904 | €56,663 | €41,070 | -€15,593 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,663 | €41,070 | -€15,593 | -27.5% |
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 11 October 2026 via checked.be.