KOBAN: 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.
What changed
KOBAN
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€160,807
2024 · €220,249-€59,442
Equity
€3.4m
2024 · €3.2m+€160,807
Cash
€81,918
2024 · €74,483+€7,435
Balance sheet total
€5.3m
2024 · €5.2m+€134,799
Largest movements
Assets
- Tangible fixed assets +€115,059
up €115,059 (+2.9%), from €3.9m to €4.0m
of which Land and buildings: +€101,382
- Financial fixed assets -€99,000
down €99,000 (-11.0%), from €903,271 to €804,271
- Receivables within one year +€91,459
up €91,459 (+30.1%), from €303,499 to €394,958
of which Other amounts receivable: +€230,472
Equity and liabilities
- Other debts +€449,247
up €449,247 (+56.2%), from €799,066 to €1.2m
- Tax, wage and social debts -€378,303
down €378,303 (-94.0%), from €402,335 to €24,032
of which Taxes: -€378,518
- Reserves +€160,807
up €160,807 (+6.3%), from €2.6m to €2.7m
of which Distributable reserves: +€215,414
- Current portion of long-term debt -€58,451
down €58,451 (-50.4%), from €116,043 to €57,592
- Debts after one year -€57,592
down €57,592 (-13.4%), from €429,432 to €371,840
Income statement
- Write-downs +€70,989
up €70,989, from -€42,204 to €28,785
- Depreciation +€34,615
up €34,615 (+14.5%), from €238,046 to €272,662
- Turnover +€31,118
up €31,118 (+5.4%), from €573,801 to €604,919
- Other operating charges -€20,331
down €20,331 (-29.0%), from €70,227 to €49,896
- Taxes -€12,715
down €12,715 (-30.3%), from €42,025 to €29,309
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.
Result 2024
€220,249
Turnover
+€31,118
Other operating income
-€17
Services and other goods
-€11,211
Depreciation
-€34,615
Write-downs
-€70,989
Other operating charges
+€20,331
Other operating items
-€8,786
Financial income
-€1,532
Financial charges
+€4,217
Taxes
+€12,715
Deferred taxes and other
-€674
Result 2025
€160,807
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.
From operations
+€412,198
Investment
-€288,721
Financing
-€116,043
Cash 2024
€74,483
From operations (derived)
+€412,198
Net result for the year
+€160,807
Depreciation
+€272,662
Receivables within one year
-€91,459
Deferred charges and accrued income
-€19,847
Provisions
-€18,202
Trade debts
+€19,776
Tax, wage and social debts
-€378,303
Other debts
+€449,247
Accrued charges and deferred income
+€17,518
Investment (derived)
-€288,721
Investment in fixed assets (net)
-€288,721
Financing
-€116,043
Debts after one year
-€57,592
Current portion of long-term debt
-€58,451
Cash 2025
€81,918
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,204,424 | €5,339,223 | +€134,799 | +2.6% |
| Fixed assets | 21/28 | €4,821,299 | €4,837,358 | +€16,059 | +0.3% |
| Tangible fixed assets | 22/27 | €3,918,028 | €4,033,087 | +€115,059 | +2.9% |
| Land and buildings | 22 | €3,901,293 | €4,002,675 | +€101,382 | +2.6% |
| Plant, machinery and equipment | 23 | €113 | €33 | -€80 | -70.5% |
| Furniture and vehicles | 24 | €16,622 | €30,378 | +€13,757 | +82.8% |
| Financial fixed assets | 28 | €903,271 | €804,271 | -€99,000 | -11.0% |
| Affiliated companies | 280/1 | €903,271 | €804,271 | -€99,000 | -11.0% |
| Participating interests | 280 | €903,271 | €804,271 | -€99,000 | -11.0% |
| Current assets | 29/58 | €383,125 | €501,866 | +€118,740 | +31.0% |
| Amounts receivable within one year | 40/41 | €303,499 | €394,958 | +€91,459 | +30.1% |
| Trade receivables | 40 | €300,281 | €161,268 | -€139,013 | -46.3% |
| Other amounts receivable | 41 | €3,218 | €233,690 | +€230,472 | +7162.3% |
| Cash at bank and in hand | 54/58 | €74,483 | €81,918 | +€7,435 | +10.0% |
| Deferred charges and accrued income | 490/1 | €5,144 | €24,991 | +€19,847 | +385.9% |
| Total equity and liabilities | 10/49 | €5,204,424 | €5,339,223 | +€134,799 | +2.6% |
| Equity | 10/15 | €3,248,308 | €3,409,115 | +€160,807 | +5.0% |
| Contributions | 10/11 | €696,000 | €696,000 | = | 0.0% |
| Capital | 10 | €696,000 | €696,000 | = | 0.0% |
| Issued capital | 100 | €696,000 | €696,000 | = | 0.0% |
| Reserves | 13 | €2,552,308 | €2,713,115 | +€160,807 | +6.3% |
| Non-distributable reserves | 130/1 | €69,600 | €69,600 | = | 0.0% |
| Legal reserve | 130 | €69,600 | €69,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €397,730 | €343,124 | -€54,607 | -13.7% |
| Distributable reserves | 133 | €2,084,978 | €2,300,392 | +€215,414 | +10.3% |
| Provisions and deferred taxes | 16 | €132,577 | €114,375 | -€18,202 | -13.7% |
| Deferred taxes | 168 | €132,577 | €114,375 | -€18,202 | -13.7% |
| Amounts payable | 17/49 | €1,823,539 | €1,815,734 | -€7,805 | -0.4% |
| Amounts payable after more than one year | 17 | €429,432 | €371,840 | -€57,592 | -13.4% |
| Financial debts | 170/4 | €429,432 | €371,840 | -€57,592 | -13.4% |
| Credit institutions | 173 | €57,592 | - | -€57,592 | |
| Other loans | 174 | €371,840 | €371,840 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,393,237 | €1,425,505 | +€32,269 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €116,043 | €57,592 | -€58,451 | -50.4% |
| Trade debts | 44 | €75,792 | €95,568 | +€19,776 | +26.1% |
| Suppliers | 440/4 | €75,792 | €95,568 | +€19,776 | +26.1% |
| Taxes, remuneration and social security | 45 | €402,335 | €24,032 | -€378,303 | -94.0% |
| Taxes | 450/3 | €396,143 | €17,625 | -€378,518 | -95.6% |
| Remuneration and social security | 454/9 | €6,192 | €6,407 | +€215 | +3.5% |
| Other amounts payable | 47/48 | €799,066 | €1,248,313 | +€449,247 | +56.2% |
| Accrued charges and deferred income | 492/3 | €870 | €18,388 | +€17,518 | +2013.5% |
| Operating income | 70/76A | €584,589 | €615,691 | +€31,102 | +5.3% |
| Turnover | 70 | €573,801 | €604,919 | +€31,118 | +5.4% |
| Other operating income | 74 | €10,788 | €10,772 | -€17 | -0.2% |
| Operating charges | 60/66A | €431,425 | €536,695 | +€105,270 | +24.4% |
| Services and other goods | 61 | €165,356 | €176,567 | +€11,211 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,046 | €272,662 | +€34,615 | +14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€42,204 | €28,785 | +€70,989 | |
| Other operating charges | 640/8 | €70,227 | €49,896 | -€20,331 | -29.0% |
| Non-recurring operating charges | 66A | - | €8,786 | +€8,786 | |
| Operating profit (loss) | 9901 | €153,164 | €78,996 | -€74,168 | -48.4% |
| Financial income | 75/76B | €163,526 | €161,993 | -€1,532 | -0.9% |
| Recurring financial income | 75 | €163,526 | €161,993 | -€1,532 | -0.9% |
| Income from financial fixed assets | 750 | €159,968 | €159,968 | = | 0.0% |
| Income from current assets | 751 | €3,558 | €2,025 | -€1,532 | -43.1% |
| Financial charges | 65/66B | €73,292 | €69,075 | -€4,217 | -5.8% |
| Recurring financial charges | 65 | €73,292 | €69,075 | -€4,217 | -5.8% |
| Debt charges | 650 | €72,784 | €68,561 | -€4,222 | -5.8% |
| Other financial charges | 652/9 | €508 | €514 | +€5 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €243,398 | €171,914 | -€71,484 | -29.4% |
| Transfer from deferred taxes | 780 | €18,876 | €18,202 | -€674 | -3.6% |
| Income taxes | 67/77 | €42,025 | €29,309 | -€12,715 | -30.3% |
| Taxes | 670/3 | €42,025 | €29,309 | -€12,715 | -30.3% |
| Profit (loss) for the period | 9904 | €220,249 | €160,807 | -€59,442 | -27.0% |
| Transfer from tax-exempt reserves | 789 | €56,628 | €54,607 | -€2,021 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €276,877 | €215,414 | -€61,463 | -22.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.