KO-CON: what changed
Two fiscal 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-CON
Largest movements
- Tangible fixed assets -€19,626
down €19,626 (-56.0%), from €35,018 to €15,392
of which Furniture and vehicles: -€18,670
- Cash +€7,167
up €7,167 (+370.5%), from €1,934 to €9,101
mainly Depreciation (+€20,330) and Net result for the year (+€6,711)
- Receivables within one year +€2,230
up €2,230 (+6.9%), from €32,355 to €34,585
of which Trade receivables: +€1,567
- Deferred charges and accrued income +€1,161
up €1,161 (+84.7%), from €1,370 to €2,532
- Current portion of long-term debt -€11,090
down €11,090 (-65.8%), from €16,850 to €5,760
- Reserves +€6,711
up €6,711 (+59.5%), from €11,271 to €17,982
- Debts after one year -€5,760
no longer reported in 2025 (was €5,760)
- Other debts +€3,056
up €3,056 (+27.8%), from €10,997 to €14,053
- Accrued charges and deferred income -€1,524
down €1,524 (-59.1%), from €2,580 to €1,056
- Gross operating margin +€7,735
up €7,735 (+16.9%), from €45,872 to €53,607
- Staff costs +€5,043
up €5,043 (+32.7%), from €15,410 to €20,453
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 | €70,678 | €61,610 | -€9,068 | -12.8% |
| Fixed assets | 21/28 | €35,018 | €15,392 | -€19,626 | -56.0% |
| Tangible fixed assets | 22/27 | €35,018 | €15,392 | -€19,626 | -56.0% |
| Plant, machinery and equipment | 23 | €1,243 | €1,125 | -€119 | -9.6% |
| Furniture and vehicles | 24 | €25,983 | €7,312 | -€18,670 | -71.9% |
| Other tangible fixed assets | 26 | €7,792 | €6,955 | -€837 | -10.7% |
| Current assets | 29/58 | €35,660 | €46,218 | +€10,558 | +29.6% |
| Amounts receivable within one year | 40/41 | €32,355 | €34,585 | +€2,230 | +6.9% |
| Trade receivables | 40 | €30,271 | €31,838 | +€1,567 | +5.2% |
| Other amounts receivable | 41 | €2,084 | €2,747 | +€663 | +31.8% |
| Cash at bank and in hand | 54/58 | €1,934 | €9,101 | +€7,167 | +370.5% |
| Deferred charges and accrued income | 490/1 | €1,370 | €2,532 | +€1,161 | +84.7% |
| Total equity and liabilities | 10/49 | €70,678 | €61,610 | -€9,068 | -12.8% |
| Equity | 10/15 | €16,271 | €22,982 | +€6,711 | +41.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,271 | €17,982 | +€6,711 | +59.5% |
| Distributable reserves | 133 | €11,271 | €17,982 | +€6,711 | +59.5% |
| Amounts payable | 17/49 | €54,406 | €38,627 | -€15,779 | -29.0% |
| Amounts payable after more than one year | 17 | €5,760 | - | -€5,760 | |
| Financial debts | 170/4 | €5,760 | - | -€5,760 | |
| Amounts payable within one year | 42/48 | €46,066 | €37,572 | -€8,495 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €16,850 | €5,760 | -€11,090 | -65.8% |
| Trade debts | 44 | €6,625 | €6,427 | -€198 | -3.0% |
| Suppliers | 440/4 | €6,625 | €6,427 | -€198 | -3.0% |
| Taxes, remuneration and social security | 45 | €11,594 | €11,331 | -€263 | -2.3% |
| Taxes | 450/3 | €6,968 | €7,874 | +€906 | +13.0% |
| Remuneration and social security | 454/9 | €4,627 | €3,457 | -€1,169 | -25.3% |
| Other amounts payable | 47/48 | €10,997 | €14,053 | +€3,056 | +27.8% |
| Accrued charges and deferred income | 492/3 | €2,580 | €1,056 | -€1,524 | -59.1% |
| Remuneration, social security and pensions | 62 | €15,410 | €20,453 | +€5,043 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,961 | €20,330 | +€369 | +1.8% |
| Other operating charges | 640/8 | €436 | €435 | -€1 | -0.2% |
| Gross operating margin | 9900 | €45,872 | €53,607 | +€7,735 | +16.9% |
| Operating profit (loss) | 9901 | €10,064 | €12,389 | +€2,325 | +23.1% |
| Financial charges | 65/66B | €1,986 | €2,304 | +€318 | +16.0% |
| Recurring financial charges | 65 | €1,986 | €2,304 | +€318 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €8,078 | €10,085 | +€2,007 | +24.8% |
| Income taxes | 67/77 | €3,139 | €3,374 | +€235 | +7.5% |
| Profit (loss) for the period | 9904 | €4,940 | €6,711 | +€1,772 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,940 | €6,711 | +€1,772 | +35.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.