Entreprise KOENIG: 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.
Entreprise KOENIG
Largest movements
- Cash +€170,870
up €170,870 (+118%), from €145,297 to €316,167
mainly Receivables within one year (+€80,179) and Net result for the year (+€54,658)
- Receivables within one year -€80,179
down €80,179 (-62.0%), from €129,368 to €49,189
of which Trade receivables: -€75,222
- Stocks and contracts -€10,000
down €10,000 (-34.7%), from €28,800 to €18,800
- Deferred charges and accrued income -€9,419
down €9,419 (-86.8%), from €10,855 to €1,436
- Reserves +€54,000
up €54,000 (+35.9%), from €150,360 to €204,360
of which Distributable reserves: +€54,000
- Trade debts +€12,258
up €12,258 (+98.7%), from €12,423 to €24,681
- Tax, wage and social debts +€4,816
up €4,816 (+41.8%), from €11,528 to €16,344
- Write-downs -€33,186
down €33,186, from €28,067 to -€5,119
- Other operating charges +€12,762
up €12,762 (+426%), from €2,995 to €15,758
- Taxes +€7,924
up €7,924 (+43.0%), from €18,418 to €26,342
- Gross operating margin +€4,194
up €4,194 (+4.7%), from €88,532 to €92,726
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 | €314,320 | €385,592 | +€71,272 | +22.7% |
| Current assets | 29/58 | €314,320 | €385,592 | +€71,272 | +22.7% |
| Stocks and contracts in progress | 3 | €28,800 | €18,800 | -€10,000 | -34.7% |
| Stocks | 30/36 | €28,800 | €18,800 | -€10,000 | -34.7% |
| Amounts receivable within one year | 40/41 | €129,368 | €49,189 | -€80,179 | -62.0% |
| Trade receivables | 40 | €120,464 | €45,241 | -€75,222 | -62.4% |
| Other amounts receivable | 41 | €8,905 | €3,948 | -€4,956 | -55.7% |
| Cash at bank and in hand | 54/58 | €145,297 | €316,167 | +€170,870 | +118% |
| Deferred charges and accrued income | 490/1 | €10,855 | €1,436 | -€9,419 | -86.8% |
| Total equity and liabilities | 10/49 | €314,320 | €385,592 | +€71,272 | +22.7% |
| Equity | 10/15 | €289,022 | €343,680 | +€54,658 | +18.9% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €150,360 | €204,360 | +€54,000 | +35.9% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,817 | €6,817 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,953 | €20,953 | = | 0.0% |
| Distributable reserves | 133 | €122,590 | €176,590 | +€54,000 | +44.0% |
| Profit (loss) carried forward | 14 | €82,886 | €83,544 | +€658 | +0.8% |
| Amounts payable | 17/49 | €25,297 | €41,912 | +€16,614 | +65.7% |
| Amounts payable within one year | 42/48 | €25,297 | €41,912 | +€16,614 | +65.7% |
| Trade debts | 44 | €12,423 | €24,681 | +€12,258 | +98.7% |
| Suppliers | 440/4 | €12,423 | €24,681 | +€12,258 | +98.7% |
| Taxes, remuneration and social security | 45 | €11,528 | €16,344 | +€4,816 | +41.8% |
| Taxes | 450/3 | €11,528 | €16,344 | +€4,816 | +41.8% |
| Other amounts payable | 47/48 | €1,346 | €887 | -€459 | -34.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,067 | -€5,119 | -€33,186 | |
| Other operating charges | 640/8 | €2,995 | €15,758 | +€12,762 | +426% |
| Gross operating margin | 9900 | €88,532 | €92,726 | +€4,194 | +4.7% |
| Operating profit (loss) | 9901 | €57,470 | €82,088 | +€24,618 | +42.8% |
| Financial charges | 65/66B | €1,257 | €1,088 | -€169 | -13.4% |
| Recurring financial charges | 65 | €1,257 | €1,088 | -€169 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €56,212 | €80,999 | +€24,787 | +44.1% |
| Income taxes | 67/77 | €18,418 | €26,342 | +€7,924 | +43.0% |
| Profit (loss) for the period | 9904 | €37,794 | €54,658 | +€16,863 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,794 | €54,658 | +€16,863 | +44.6% |
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 1 November 2026 via checked.be.