KOBANI: 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.
KOBANI
Largest movements
- Current investments +€450,000
up €450,000, from €0 to €450,000
- Cash -€422,297
down €422,297 (-68.4%), from €617,823 to €195,526
mainly Current investments (-€450,000) and Contributions, distributions and other (-€104,386)
- Tangible fixed assets -€29,724
down €29,724 (-8.8%), from €335,956 to €306,233
of which Furniture and vehicles: -€15,236
- Receivables within one year +€14,282
up €14,282 (+7.0%), from €204,000 to €218,282
of which Other amounts receivable: +€14,282
- Reserves +€74,792
up €74,792 (+7.4%), from €1.0m to €1.1m
- Tax, wage and social debts -€42,492
down €42,492 (-40.4%), from €105,254 to €62,761
- Debts after one year -€16,498
down €16,498 (-11.8%), from €139,278 to €122,780
- Taxes +€15,497
up €15,497 (+22.3%), from €69,576 to €85,073
- Gross operating margin +€7,558
up €7,558 (+2.5%), from €302,019 to €309,577
- Depreciation +€6,574
up €6,574 (+17.5%), from €37,475 to €44,049
- Financial income -€6,174
down €6,174 (-56.6%), from €10,909 to €4,735
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 | €1,284,818 | €1,297,762 | +€12,944 | +1.0% |
| Fixed assets | 21/28 | €458,157 | €428,433 | -€29,724 | -6.5% |
| Tangible fixed assets | 22/27 | €335,956 | €306,233 | -€29,724 | -8.8% |
| Land and buildings | 22 | €230,170 | €216,955 | -€13,215 | -5.7% |
| Plant, machinery and equipment | 23 | €29,733 | €38,335 | +€8,602 | +28.9% |
| Furniture and vehicles | 24 | €56,609 | €41,373 | -€15,236 | -26.9% |
| Other tangible fixed assets | 26 | €19,444 | €9,570 | -€9,874 | -50.8% |
| Financial fixed assets | 28 | €122,201 | €122,201 | = | 0.0% |
| Current assets | 29/58 | €826,661 | €869,329 | +€42,668 | +5.2% |
| Amounts receivable within one year | 40/41 | €204,000 | €218,282 | +€14,282 | +7.0% |
| Trade receivables | 40 | €22,325 | €22,325 | = | 0.0% |
| Other amounts receivable | 41 | €181,676 | €195,958 | +€14,282 | +7.9% |
| Current investments | 50/53 | €0 | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €617,823 | €195,526 | -€422,297 | -68.4% |
| Deferred charges and accrued income | 490/1 | €4,837 | €5,521 | +€683 | +14.1% |
| Total equity and liabilities | 10/49 | €1,284,818 | €1,297,762 | +€12,944 | +1.0% |
| Equity | 10/15 | €1,016,964 | €1,091,755 | +€74,792 | +7.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,004,564 | €1,079,355 | +€74,792 | +7.4% |
| Distributable reserves | 133 | €1,004,564 | €1,079,355 | +€74,792 | +7.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €267,854 | €206,007 | -€61,848 | -23.1% |
| Amounts payable after more than one year | 17 | €139,278 | €122,780 | -€16,498 | -11.8% |
| Financial debts | 170/4 | €139,278 | €122,780 | -€16,498 | -11.8% |
| Amounts payable within one year | 42/48 | €128,577 | €83,227 | -€45,350 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €16,249 | €16,498 | +€249 | +1.5% |
| Trade debts | 44 | €7,074 | €3,968 | -€3,106 | -43.9% |
| Suppliers | 440/4 | €7,074 | €3,968 | -€3,106 | -43.9% |
| Taxes, remuneration and social security | 45 | €105,254 | €62,761 | -€42,492 | -40.4% |
| Taxes | 450/3 | €105,254 | €62,761 | -€42,492 | -40.4% |
| Non-recurring operating income | 76A | €95,701 | €0 | -€95,701 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,475 | €44,049 | +€6,574 | +17.5% |
| Other operating charges | 640/8 | €3,589 | €3,301 | -€288 | -8.0% |
| Gross operating margin | 9900 | €302,019 | €309,577 | +€7,558 | +2.5% |
| Operating profit (loss) | 9901 | €260,955 | €262,227 | +€1,272 | +0.5% |
| Financial income | 75/76B | €10,909 | €4,735 | -€6,174 | -56.6% |
| Recurring financial income | 75 | €10,909 | €4,735 | -€6,174 | -56.6% |
| Financial charges | 65/66B | €2,983 | €2,711 | -€273 | -9.1% |
| Recurring financial charges | 65 | €2,983 | €2,711 | -€273 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €268,880 | €264,251 | -€4,630 | -1.7% |
| Income taxes | 67/77 | €69,576 | €85,073 | +€15,497 | +22.3% |
| Profit (loss) for the period | 9904 | €199,305 | €179,178 | -€20,127 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €199,305 | €179,178 | -€20,127 | -10.1% |
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.