DE KOEKEDOOS: 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.
DE KOEKEDOOS
Largest movements
- Tangible fixed assets -€37,916
down €37,916 (-30.3%), from €125,252 to €87,336
of which Furniture and vehicles: -€34,955
- Cash +€36,114
up €36,114 (+65.3%), from €55,270 to €91,385
mainly Depreciation (+€41,249) and Other debts (+€9,185)
- Receivables within one year -€6,713
down €6,713 (-58.0%), from €11,567 to €4,854
of which Other amounts receivable: -€8,263
- Debts after one year -€12,350
down €12,350 (-18.7%), from €65,994 to €53,643
- Other debts +€9,185
up €9,185 (+389.0%), from €2,361 to €11,547
- Reserves -€3,565
down €3,565 (-3.8%), from €94,172 to €90,607
- Gross operating margin -€25,144
down €25,144 (-32.4%), from €77,534 to €52,390
- Depreciation +€10,422
up €10,422 (+33.8%), from €30,827 to €41,249
- Taxes -€6,589
down €6,589 (-100.0%), from €6,589 to €0
- Financial charges +€777
up €777 (+37.2%), from €2,087 to €2,864
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 | €197,970 | €190,445 | -€7,525 | -3.8% |
| Fixed assets | 21/28 | €125,252 | €87,336 | -€37,916 | -30.3% |
| Tangible fixed assets | 22/27 | €125,252 | €87,336 | -€37,916 | -30.3% |
| Land and buildings | 22 | €1,588 | €794 | -€794 | -50.0% |
| Plant, machinery and equipment | 23 | €10,779 | €7,118 | -€3,661 | -34.0% |
| Furniture and vehicles | 24 | €112,885 | €77,930 | -€34,955 | -31.0% |
| Other tangible fixed assets | 26 | - | €1,494 | +€1,494 | |
| Current assets | 29/58 | €72,718 | €103,109 | +€30,391 | +41.8% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,567 | €4,854 | -€6,713 | -58.0% |
| Trade receivables | 40 | €304 | €1,854 | +€1,550 | +509.8% |
| Other amounts receivable | 41 | €11,263 | €3,000 | -€8,263 | -73.4% |
| Cash at bank and in hand | 54/58 | €55,270 | €91,385 | +€36,114 | +65.3% |
| Deferred charges and accrued income | 490/1 | €2,881 | €3,870 | +€990 | +34.3% |
| Total equity and liabilities | 10/49 | €197,970 | €190,445 | -€7,525 | -3.8% |
| Equity | 10/15 | €114,172 | €110,607 | -€3,565 | -3.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €94,172 | €90,607 | -€3,565 | -3.8% |
| Distributable reserves | 133 | €94,172 | €90,607 | -€3,565 | -3.8% |
| Amounts payable | 17/49 | €83,798 | €79,838 | -€3,960 | -4.7% |
| Amounts payable after more than one year | 17 | €65,994 | €53,643 | -€12,350 | -18.7% |
| Financial debts | 170/4 | €65,994 | €53,643 | -€12,350 | -18.7% |
| Amounts payable within one year | 42/48 | €17,805 | €26,195 | +€8,390 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €12,693 | €12,983 | +€290 | +2.3% |
| Trade debts | 44 | €2,750 | €1,364 | -€1,386 | -50.4% |
| Suppliers | 440/4 | €2,750 | €1,364 | -€1,386 | -50.4% |
| Taxes, remuneration and social security | 45 | - | €301 | +€301 | |
| Taxes | 450/3 | - | €301 | +€301 | |
| Other amounts payable | 47/48 | €2,361 | €11,547 | +€9,185 | +389.0% |
| Non-recurring operating income | 76A | €26,767 | - | -€26,767 | |
| Remuneration, social security and pensions | 62 | €4,032 | €4,032 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,827 | €41,249 | +€10,422 | +33.8% |
| Other operating charges | 640/8 | €4,271 | €3,630 | -€641 | -15.0% |
| Non-recurring operating charges | 66A | - | €4,180 | +€4,180 | |
| Gross operating margin | 9900 | €77,534 | €52,390 | -€25,144 | -32.4% |
| Operating profit (loss) | 9901 | €38,404 | -€701 | -€39,105 | |
| Financial charges | 65/66B | €2,087 | €2,864 | +€777 | +37.2% |
| Recurring financial charges | 65 | €2,087 | €2,864 | +€777 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €36,316 | -€3,565 | -€39,881 | |
| Income taxes | 67/77 | €6,589 | €0 | -€6,589 | -100.0% |
| Profit (loss) for the period | 9904 | €29,727 | -€3,565 | -€33,292 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,727 | -€3,565 | -€33,292 |
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 8 October 2026 via checked.be.