KO Company: 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.
KO Company
Largest movements
- Receivables within one year +€77,995
up €77,995 (+139%), from €56,293 to €134,288
of which Trade receivables: +€76,989
- Cash -€54,928
down €54,928 (-93.0%), from €59,056 to €4,128
mainly Receivables within one year (-€77,995) and Debts after one year (-€17,579)
- Tangible fixed assets -€18,040
down €18,040 (-30.3%), from €59,612 to €41,572
of which Furniture and vehicles: -€16,341
- Deferred charges and accrued income -€5,784
down €5,784 (-33.9%), from €17,061 to €11,277
- Tax, wage and social debts +€26,028
up €26,028 (+27.4%), from €95,125 to €121,153
of which Remuneration and social security: +€20,463
- Debts after one year -€17,579
down €17,579 (-74.4%), from €23,614 to €6,035
- Profit (loss) carried forward -€12,402
down €12,402, from €3,884 to -€8,518
- Trade debts +€2,436
up €2,436 (+52.3%), from €4,657 to €7,093
- Staff costs +€79,644
up €79,644 (+16.7%), from €475,840 to €555,484
- Gross operating margin +€65,407
up €65,407 (+12.8%), from €509,051 to €574,458
- Financial charges +€7,561
up €7,561 (+320%), from €2,362 to €9,923
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,022 | €191,266 | -€757 | -0.4% |
| Fixed assets | 21/28 | €59,612 | €41,572 | -€18,040 | -30.3% |
| Tangible fixed assets | 22/27 | €59,612 | €41,572 | -€18,040 | -30.3% |
| Plant, machinery and equipment | 23 | €3,260 | €1,561 | -€1,699 | -52.1% |
| Furniture and vehicles | 24 | €56,352 | €40,012 | -€16,341 | -29.0% |
| Current assets | 29/58 | €132,410 | €149,693 | +€17,283 | +13.1% |
| Amounts receivable within one year | 40/41 | €56,293 | €134,288 | +€77,995 | +139% |
| Trade receivables | 40 | €31,775 | €108,763 | +€76,989 | +242% |
| Other amounts receivable | 41 | €24,518 | €25,525 | +€1,006 | +4.1% |
| Cash at bank and in hand | 54/58 | €59,056 | €4,128 | -€54,928 | -93.0% |
| Deferred charges and accrued income | 490/1 | €17,061 | €11,277 | -€5,784 | -33.9% |
| Total equity and liabilities | 10/49 | €192,022 | €191,266 | -€757 | -0.4% |
| Equity | 10/15 | €51,808 | €39,406 | -€12,402 | -23.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €40,924 | €40,924 | = | 0.0% |
| Distributable reserves | 133 | €40,924 | €40,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,884 | -€8,518 | -€12,402 | |
| Amounts payable | 17/49 | €140,215 | €151,860 | +€11,645 | +8.3% |
| Amounts payable after more than one year | 17 | €23,614 | €6,035 | -€17,579 | -74.4% |
| Financial debts | 170/4 | €23,614 | €6,035 | -€17,579 | -74.4% |
| Amounts payable within one year | 42/48 | €116,601 | €145,825 | +€29,225 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €16,819 | €17,579 | +€761 | +4.5% |
| Trade debts | 44 | €4,657 | €7,093 | +€2,436 | +52.3% |
| Suppliers | 440/4 | €4,657 | €7,093 | +€2,436 | +52.3% |
| Taxes, remuneration and social security | 45 | €95,125 | €121,153 | +€26,028 | +27.4% |
| Taxes | 450/3 | €48,335 | €53,900 | +€5,565 | +11.5% |
| Remuneration and social security | 454/9 | €46,790 | €67,253 | +€20,463 | +43.7% |
| Remuneration, social security and pensions | 62 | €475,840 | €555,484 | +€79,644 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,603 | €18,040 | -€1,564 | -8.0% |
| Other operating charges | 640/8 | €1,923 | €3,726 | +€1,802 | +93.7% |
| Gross operating margin | 9900 | €509,051 | €574,458 | +€65,407 | +12.8% |
| Operating profit (loss) | 9901 | €11,685 | -€2,792 | -€14,476 | |
| Financial income | 75/76B | €1,497 | €668 | -€830 | -55.4% |
| Recurring financial income | 75 | €1,497 | €668 | -€830 | -55.4% |
| Financial charges | 65/66B | €2,362 | €9,923 | +€7,561 | +320% |
| Recurring financial charges | 65 | €2,362 | €9,923 | +€7,561 | +320% |
| Profit (loss) for the period before taxes | 9903 | €10,820 | -€12,048 | -€22,867 | |
| Income taxes | 67/77 | €3,896 | €355 | -€3,541 | -90.9% |
| Profit (loss) for the period | 9904 | €6,924 | -€12,402 | -€19,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,924 | -€12,402 | -€19,326 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.