H KOHLER: 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.
H KOHLER
Largest movements
- Financial fixed assets +€825,000
up €825,000 (+412,500%), from €200 to €825,200
- Tangible fixed assets -€122,700
down €122,700 (-18.1%), from €677,562 to €554,862
of which Land and buildings: -€151,454
- Cash -€32,844
down €32,844 (-39.9%), from €82,331 to €49,487
mainly Investment in fixed assets (net) (-€719,914) and Debts after one year (-€143,748)
- Profit (loss) carried forward +€753,605
up €753,605 (+581%), from €129,641 to €883,246
- Debts after one year -€143,748
down €143,748 (-28.6%), from €501,984 to €358,236
- Tax, wage and social debts +€77,696
up €77,696 (+489%), from €15,875 to €93,571
of which Taxes: +€77,536
- Gross operating margin +€1.0m
up €1.0m (+616%), from €164,427 to €1.2m
- Taxes +€322,340
up €322,340 (+804%), from €40,073 to €362,413
- Financial charges +€13,180
up €13,180 (+190%), from €6,939 to €20,119
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 | €774,245 | €1,455,565 | +€681,320 | +88.0% |
| Fixed assets | 21/28 | €677,762 | €1,380,062 | +€702,300 | +104% |
| Tangible fixed assets | 22/27 | €677,562 | €554,862 | -€122,700 | -18.1% |
| Land and buildings | 22 | €671,756 | €520,302 | -€151,454 | -22.5% |
| Plant, machinery and equipment | 23 | €4,924 | €34,471 | +€29,547 | +600% |
| Furniture and vehicles | 24 | €881 | €89 | -€792 | -89.9% |
| Financial fixed assets | 28 | €200 | €825,200 | +€825,000 | +412,500% |
| Current assets | 29/58 | €96,483 | €75,503 | -€20,980 | -21.7% |
| Amounts receivable within one year | 40/41 | €12,340 | €24,660 | +€12,320 | +99.8% |
| Trade receivables | 40 | €12,340 | €24,485 | +€12,145 | +98.4% |
| Other amounts receivable | 41 | - | €176 | +€176 | |
| Cash at bank and in hand | 54/58 | €82,331 | €49,487 | -€32,844 | -39.9% |
| Deferred charges and accrued income | 490/1 | €1,812 | €1,356 | -€456 | -25.2% |
| Total equity and liabilities | 10/49 | €774,245 | €1,455,565 | +€681,320 | +88.0% |
| Equity | 10/15 | €193,121 | €946,726 | +€753,605 | +390% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,479 | €1,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,479 | €1,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,479 | €1,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,641 | €883,246 | +€753,605 | +581% |
| Amounts payable | 17/49 | €581,124 | €508,839 | -€72,285 | -12.4% |
| Amounts payable after more than one year | 17 | €501,984 | €358,236 | -€143,748 | -28.6% |
| Financial debts | 170/4 | €501,984 | €358,236 | -€143,748 | -28.6% |
| Amounts payable within one year | 42/48 | €74,877 | €145,232 | +€70,354 | +94.0% |
| Current portion of amounts payable after more than one year | 42 | €30,194 | €21,256 | -€8,938 | -29.6% |
| Trade debts | 44 | €5,889 | €11,043 | +€5,154 | +87.5% |
| Suppliers | 440/4 | €5,889 | €11,043 | +€5,154 | +87.5% |
| Taxes, remuneration and social security | 45 | €15,875 | €93,571 | +€77,696 | +489% |
| Taxes | 450/3 | €15,875 | €93,411 | +€77,536 | +488% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €22,920 | €19,362 | -€3,558 | -15.5% |
| Accrued charges and deferred income | 492/3 | €4,263 | €5,371 | +€1,108 | +26.0% |
| Non-recurring operating income | 76A | - | €3,301 | +€3,301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,892 | €17,614 | -€2,278 | -11.4% |
| Other operating charges | 640/8 | €1,403 | €279 | -€1,124 | -80.1% |
| Gross operating margin | 9900 | €164,427 | €1,176,511 | +€1.0m | +616% |
| Operating profit (loss) | 9901 | €143,132 | €1,158,618 | +€1.0m | +709% |
| Financial income | 75/76B | €1,483 | - | -€1,483 | |
| Recurring financial income | 75 | €1,483 | - | -€1,483 | |
| Financial charges | 65/66B | €6,939 | €20,119 | +€13,180 | +190% |
| Recurring financial charges | 65 | €6,939 | €20,119 | +€13,180 | +190% |
| Profit (loss) for the period before taxes | 9903 | €137,675 | €1,138,499 | +€1.0m | +727% |
| Income taxes | 67/77 | €40,073 | €362,413 | +€322,340 | +804% |
| Profit (loss) for the period | 9904 | €97,602 | €776,085 | +€678,483 | +695% |
| Profit (loss) for the period to be appropriated | 9905 | €97,602 | €776,085 | +€678,483 | +695% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.