KISOKA: 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.
KISOKA
Largest movements
- Current investments -€69,622
down €69,622 (-69.6%), from €100,093 to €30,471
- Tangible fixed assets +€12,192
up €12,192 (+25.2%), from €48,350 to €60,542
of which Other tangible fixed assets: +€19,722
- Cash +€9,790
up €9,790 (+6.8%), from €144,391 to €154,180
mainly Net result for the year (+€87,501) and Current investments (+€69,622)
- Receivables within one year +€7,096
new in 2025: €7,096
- Reserves -€36,646
down €36,646 (-10.0%), from €365,923 to €329,277
- Depreciation +€12,600
up €12,600 (+698.9%), from €1,803 to €14,403
- Taxes -€6,076
down €6,076 (-12.3%), from €49,402 to €43,326
- Gross operating margin -€3,495
down €3,495 (-2.4%), from €147,268 to €143,774
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 | €406,438 | €366,006 | -€40,432 | -9.9% |
| Fixed assets | 21/28 | €48,350 | €60,542 | +€12,192 | +25.2% |
| Tangible fixed assets | 22/27 | €48,350 | €60,542 | +€12,192 | +25.2% |
| Furniture and vehicles | 24 | €44,737 | €37,207 | -€7,530 | -16.8% |
| Other tangible fixed assets | 26 | €3,613 | €23,335 | +€19,722 | +545.9% |
| Current assets | 29/58 | €358,088 | €305,464 | -€52,625 | -14.7% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €7,096 | +€7,096 | |
| Other amounts receivable | 41 | - | €7,096 | +€7,096 | |
| Current investments | 50/53 | €100,093 | €30,471 | -€69,622 | -69.6% |
| Cash at bank and in hand | 54/58 | €144,391 | €154,180 | +€9,790 | +6.8% |
| Deferred charges and accrued income | 490/1 | €3,605 | €3,717 | +€112 | +3.1% |
| Total equity and liabilities | 10/49 | €406,438 | €366,006 | -€40,432 | -9.9% |
| Equity | 10/15 | €378,323 | €341,677 | -€36,646 | -9.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €365,923 | €329,277 | -€36,646 | -10.0% |
| Distributable reserves | 133 | €365,923 | €329,277 | -€36,646 | -10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,115 | €24,329 | -€3,786 | -13.5% |
| Amounts payable within one year | 42/48 | €28,115 | €23,918 | -€4,197 | -14.9% |
| Financial debts | 43 | - | €21 | +€21 | |
| Credit institutions | 430/8 | - | €21 | +€21 | |
| Trade debts | 44 | €932 | €171 | -€762 | -81.7% |
| Suppliers | 440/4 | €932 | €171 | -€762 | -81.7% |
| Taxes, remuneration and social security | 45 | €24,665 | €23,727 | -€938 | -3.8% |
| Taxes | 450/3 | €24,665 | €23,727 | -€938 | -3.8% |
| Other amounts payable | 47/48 | €2,518 | €0 | -€2,518 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,803 | €14,403 | +€12,600 | +698.9% |
| Other operating charges | 640/8 | €969 | €1,517 | +€548 | +56.6% |
| Gross operating margin | 9900 | €147,268 | €143,774 | -€3,495 | -2.4% |
| Operating profit (loss) | 9901 | €144,497 | €127,854 | -€16,643 | -11.5% |
| Financial income | 75/76B | €4,128 | €3,658 | -€470 | -11.4% |
| Recurring financial income | 75 | €4,128 | €3,658 | -€470 | -11.4% |
| Financial charges | 65/66B | €896 | €685 | -€211 | -23.5% |
| Recurring financial charges | 65 | €896 | €685 | -€211 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €147,729 | €130,826 | -€16,903 | -11.4% |
| Income taxes | 67/77 | €49,402 | €43,326 | -€6,076 | -12.3% |
| Profit (loss) for the period | 9904 | €98,327 | €87,501 | -€10,826 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,327 | €87,501 | -€10,826 | -11.0% |
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 9 October 2026 via checked.be.