DINA KOTTGEN: 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.
DINA KOTTGEN
Largest movements
- Cash -€6,175
down €6,175 (-52.3%), from €11,799 to €5,624
mainly Net result for the year (-€15,939) and Trade debts (-€2,083)
- Tangible fixed assets -€4,850
down €4,850 (-59.8%), from €8,114 to €3,265
of which Furniture and vehicles: -€2,981
- Receivables within one year -€836
down €836 (-61.3%), from €1,364 to €528
- Profit (loss) carried forward -€15,939
down €15,939 (-329.0%), from -€4,844 to -€20,783
- Tax, wage and social debts +€6,193
up €6,193 (+42.6%), from €14,527 to €20,719
of which Remuneration and social security: +€8,000
- Trade debts -€2,083
down €2,083 (-74.8%), from €2,783 to €700
- Gross operating margin -€10,439
down €10,439 (-2753.7%), from -€379 to -€10,818
- Depreciation -€1,657
down €1,657 (-25.0%), from €6,624 to €4,968
- Other operating charges -€412
no longer reported in 2025 (was €412)
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 | €21,454 | €9,475 | -€11,979 | -55.8% |
| Formation expenses | 20 | €118 | - | -€118 | |
| Fixed assets | 21/28 | €8,114 | €3,265 | -€4,850 | -59.8% |
| Tangible fixed assets | 22/27 | €8,114 | €3,265 | -€4,850 | -59.8% |
| Plant, machinery and equipment | 23 | €4,306 | €2,438 | -€1,869 | -43.4% |
| Furniture and vehicles | 24 | €3,808 | €827 | -€2,981 | -78.3% |
| Current assets | 29/58 | €13,222 | €6,211 | -€7,011 | -53.0% |
| Amounts receivable within one year | 40/41 | €1,364 | €528 | -€836 | -61.3% |
| Trade receivables | 40 | €1,364 | €528 | -€836 | -61.3% |
| Cash at bank and in hand | 54/58 | €11,799 | €5,624 | -€6,175 | -52.3% |
| Deferred charges and accrued income | 490/1 | €59 | €59 | = | 0.0% |
| Total equity and liabilities | 10/49 | €21,454 | €9,475 | -€11,979 | -55.8% |
| Equity | 10/15 | -€1,344 | -€17,283 | -€15,939 | -1185.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,844 | -€20,783 | -€15,939 | -329.0% |
| Amounts payable | 17/49 | €22,799 | €26,759 | +€3,960 | +17.4% |
| Amounts payable within one year | 42/48 | €22,799 | €26,759 | +€3,960 | +17.4% |
| Trade debts | 44 | €2,783 | €700 | -€2,083 | -74.8% |
| Suppliers | 440/4 | €2,783 | €700 | -€2,083 | -74.8% |
| Taxes, remuneration and social security | 45 | €14,527 | €20,719 | +€6,193 | +42.6% |
| Taxes | 450/3 | €3,627 | €1,819 | -€1,807 | -49.8% |
| Remuneration and social security | 454/9 | €10,900 | €18,900 | +€8,000 | +73.4% |
| Other amounts payable | 47/48 | €5,489 | €5,339 | -€150 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,624 | €4,968 | -€1,657 | -25.0% |
| Other operating charges | 640/8 | €412 | - | -€412 | |
| Gross operating margin | 9900 | -€379 | -€10,818 | -€10,439 | -2753.7% |
| Operating profit (loss) | 9901 | -€7,416 | -€15,786 | -€8,370 | -112.9% |
| Financial income | 75/76B | €39 | €1 | -€38 | -97.7% |
| Recurring financial income | 75 | €39 | €1 | -€38 | -97.7% |
| Financial charges | 65/66B | €50 | €154 | +€104 | +205.6% |
| Recurring financial charges | 65 | €50 | €154 | +€104 | +205.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,427 | -€15,939 | -€8,512 | -114.6% |
| Profit (loss) for the period | 9904 | -€7,427 | -€15,939 | -€8,512 | -114.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,427 | -€15,939 | -€8,512 | -114.6% |
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 10 October 2026 via checked.be.