KOALA: 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.
KOALA
Largest movements
- Tangible fixed assets -€364,898
down €364,898 (-3.5%), from €10.4m to €10.0m
- Debts after one year -€250,000
down €250,000 (-4.0%), from €6.2m to €6.0m
- Turnover -€210,784
down €210,784 (-26.1%), from €808,653 to €597,869
- Gross operating margin -€197,619
down €197,619 (-26.0%), from €758,623 to €561,004
- Taxes -€29,005
no longer reported in 2025 (was €29,005)
- Financial charges -€16,368
down €16,368 (-5.3%), from €306,916 to €290,548
- Purchases and services -€13,164
down €13,164 (-26.3%), from €50,030 to €36,866
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 | €10,516,699 | €10,174,287 | -€342,412 | -3.3% |
| Fixed assets | 21/28 | €10,390,775 | €10,025,877 | -€364,898 | -3.5% |
| Tangible fixed assets | 22/27 | €10,390,775 | €10,025,877 | -€364,898 | -3.5% |
| Land and buildings | 22 | €10,390,775 | €10,025,877 | -€364,898 | -3.5% |
| Current assets | 29/58 | €125,924 | €148,410 | +€22,486 | +17.9% |
| Amounts receivable within one year | 40/41 | €41,786 | €42,462 | +€676 | +1.6% |
| Other amounts receivable | 41 | €41,786 | €42,462 | +€676 | +1.6% |
| Cash at bank and in hand | 54/58 | €84,138 | €105,948 | +€21,810 | +25.9% |
| Total equity and liabilities | 10/49 | €10,516,699 | €10,174,287 | -€342,412 | -3.3% |
| Equity | 10/15 | €4,306,239 | €4,212,829 | -€93,410 | -2.2% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Revaluation surpluses | 12 | €3,059,800 | €3,032,033 | -€27,767 | -0.9% |
| Reserves | 13 | €425,532 | €453,299 | +€27,767 | +6.5% |
| Non-distributable reserves | 130/1 | €4,759 | €4,759 | = | 0.0% |
| Legal reserve | 130 | €4,759 | €4,759 | = | 0.0% |
| Distributable reserves | 133 | €420,773 | €448,540 | +€27,767 | +6.6% |
| Profit (loss) carried forward | 14 | €20,907 | -€72,503 | -€93,410 | |
| Amounts payable | 17/49 | €6,210,460 | €5,961,458 | -€249,002 | -4.0% |
| Amounts payable after more than one year | 17 | €6,210,460 | €5,960,460 | -€250,000 | -4.0% |
| Financial debts | 170/4 | €6,210,460 | €5,960,460 | -€250,000 | -4.0% |
| Amounts payable within one year | 42/48 | - | €998 | +€998 | |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Turnover | 70 | €808,653 | €597,869 | -€210,784 | -26.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,030 | €36,866 | -€13,164 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372,917 | €364,898 | -€8,019 | -2.2% |
| Other operating charges | 640/8 | €1,190 | €1,221 | +€31 | +2.6% |
| Gross operating margin | 9900 | €758,623 | €561,004 | -€197,619 | -26.0% |
| Operating profit (loss) | 9901 | €384,516 | €194,885 | -€189,631 | -49.3% |
| Financial income | 75/76B | €2,639 | €2,253 | -€386 | -14.6% |
| Recurring financial income | 75 | €2,639 | €2,253 | -€386 | -14.6% |
| Financial charges | 65/66B | €306,916 | €290,548 | -€16,368 | -5.3% |
| Recurring financial charges | 65 | €306,916 | €290,548 | -€16,368 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €80,239 | -€93,410 | -€173,649 | |
| Income taxes | 67/77 | €29,005 | - | -€29,005 | |
| Profit (loss) for the period | 9904 | €51,234 | -€93,410 | -€144,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,234 | -€93,410 | -€144,644 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.