DE KOEKELIERE: 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.
DE KOEKELIERE
Largest movements
- Receivables within one year +€21,639
up €21,639 (+33.6%), from €64,421 to €86,060
- Cash -€2,928
down €2,928 (-16.1%), from €18,188 to €15,260
mainly Receivables within one year (-€21,639) and Net result for the year (-€13,948)
- Tangible fixed assets -€2,327
down €2,327 (-70.9%), from €3,285 to €957
of which Plant, machinery and equipment: -€1,888
- Trade debts +€37,407
up €37,407 (+60.2%), from €62,177 to €99,583
- Profit (loss) carried forward -€13,948
down €13,948 (-32.2%), from -€43,333 to -€57,281
- Tax, wage and social debts -€10,645
down €10,645 (-46.4%), from €22,944 to €12,299
of which Taxes: -€10,717
- Accrued charges and deferred income +€3,570
up €3,570 (+149%), from €2,395 to €5,966
- Gross operating margin -€28,795
down €28,795 (-31.9%), from €90,400 to €61,605
- Staff costs +€6,364
up €6,364 (+11.2%), from €57,015 to €63,379
- Other operating charges +€4,927
up €4,927 (+439%), from €1,123 to €6,050
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.
Derived cash bridge
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 | €90,778 | €107,162 | +€16,384 | +18.0% |
| Fixed assets | 21/28 | €5,169 | €2,842 | -€2,327 | -45.0% |
| Tangible fixed assets | 22/27 | €3,285 | €957 | -€2,327 | -70.9% |
| Plant, machinery and equipment | 23 | €2,846 | €957 | -€1,888 | -66.4% |
| Other tangible fixed assets | 26 | €439 | €0 | -€439 | -100% |
| Financial fixed assets | 28 | €1,884 | €1,884 | = | 0.0% |
| Current assets | 29/58 | €85,609 | €104,320 | +€18,711 | +21.9% |
| 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 | €64,421 | €86,060 | +€21,639 | +33.6% |
| Other amounts receivable | 41 | €64,421 | €86,060 | +€21,639 | +33.6% |
| Cash at bank and in hand | 54/58 | €18,188 | €15,260 | -€2,928 | -16.1% |
| Total equity and liabilities | 10/49 | €90,778 | €107,162 | +€16,384 | +18.0% |
| Equity | 10/15 | €3,262 | -€10,686 | -€13,948 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,995 | €27,995 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,750 | €2,750 | = | 0.0% |
| Distributable reserves | 133 | €23,385 | €23,385 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,333 | -€57,281 | -€13,948 | -32.2% |
| Amounts payable | 17/49 | €87,516 | €117,847 | +€30,332 | +34.7% |
| Amounts payable within one year | 42/48 | €85,120 | €111,882 | +€26,762 | +31.4% |
| Trade debts | 44 | €62,177 | €99,583 | +€37,407 | +60.2% |
| Suppliers | 440/4 | €62,177 | €99,583 | +€37,407 | +60.2% |
| Taxes, remuneration and social security | 45 | €22,944 | €12,299 | -€10,645 | -46.4% |
| Taxes | 450/3 | €16,196 | €5,478 | -€10,717 | -66.2% |
| Remuneration and social security | 454/9 | €6,748 | €6,820 | +€72 | +1.1% |
| Accrued charges and deferred income | 492/3 | €2,395 | €5,966 | +€3,570 | +149% |
| Remuneration, social security and pensions | 62 | €57,015 | €63,379 | +€6,364 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,723 | €2,327 | -€395 | -14.5% |
| Other operating charges | 640/8 | €1,123 | €6,050 | +€4,927 | +439% |
| Gross operating margin | 9900 | €90,400 | €61,605 | -€28,795 | -31.9% |
| Operating profit (loss) | 9901 | €29,539 | -€10,152 | -€39,691 | |
| Financial income | 75/76B | €158 | €12 | -€146 | -92.4% |
| Recurring financial income | 75 | €158 | €12 | -€146 | -92.4% |
| Financial charges | 65/66B | €3,935 | €3,808 | -€127 | -3.2% |
| Recurring financial charges | 65 | €3,935 | €3,808 | -€127 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €25,762 | -€13,948 | -€39,710 | |
| Income taxes | 67/77 | €257 | €0 | -€257 | -100% |
| Profit (loss) for the period | 9904 | €25,505 | -€13,948 | -€39,453 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,505 | -€13,948 | -€39,453 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.