KOBE 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.
KOBE Company
Largest movements
- Cash +€46,967
up €46,967 (+178%), from €26,406 to €73,373
mainly Net result for the year (+€53,292) and Depreciation (+€38,005)
- Tangible fixed assets -€29,122
down €29,122 (-18.1%), from €160,747 to €131,625
- Reserves +€52,459
up €52,459 (+53.1%), from €98,877 to €151,336
- Debts after one year -€34,904
down €34,904 (-74.3%), from €46,946 to €12,043
of which Financial debts: -€34,904
- Trade debts +€3,453
up €3,453 (+44.1%), from €7,834 to €11,286
- Gross operating margin +€14,306
up €14,306 (+14.1%), from €101,650 to €115,956
- Taxes +€5,993
up €5,993 (+39.5%), from €15,175 to €21,167
- Depreciation -€3,737
down €3,737 (-9.0%), from €41,742 to €38,005
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.
Derived cash bridge
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 | €214,290 | €234,301 | +€20,011 | +9.3% |
| Fixed assets | 21/28 | €160,747 | €131,625 | -€29,122 | -18.1% |
| Tangible fixed assets | 22/27 | €160,747 | €131,625 | -€29,122 | -18.1% |
| Land and buildings | 22 | €93,752 | €81,175 | -€12,577 | -13.4% |
| Plant, machinery and equipment | 23 | €17,677 | €12,507 | -€5,170 | -29.2% |
| Furniture and vehicles | 24 | €29,927 | €20,533 | -€9,394 | -31.4% |
| Other tangible fixed assets | 26 | €19,391 | €17,410 | -€1,982 | -10.2% |
| Current assets | 29/58 | €53,543 | €102,676 | +€49,133 | +91.8% |
| Amounts receivable within one year | 40/41 | €26,109 | €28,086 | +€1,977 | +7.6% |
| Trade receivables | 40 | €25,524 | €20,636 | -€4,887 | -19.1% |
| Other amounts receivable | 41 | €586 | €7,450 | +€6,864 | +1,172% |
| Cash at bank and in hand | 54/58 | €26,406 | €73,373 | +€46,967 | +178% |
| Deferred charges and accrued income | 490/1 | €1,027 | €1,217 | +€190 | +18.5% |
| Total equity and liabilities | 10/49 | €214,290 | €234,301 | +€20,011 | +9.3% |
| Equity | 10/15 | €117,477 | €169,936 | +€52,459 | +44.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,877 | €151,336 | +€52,459 | +53.1% |
| Distributable reserves | 133 | €98,877 | €151,336 | +€52,459 | +53.1% |
| Amounts payable | 17/49 | €96,813 | €64,365 | -€32,448 | -33.5% |
| Amounts payable after more than one year | 17 | €46,946 | €12,043 | -€34,904 | -74.3% |
| Financial debts | 170/4 | €46,446 | €11,543 | -€34,904 | -75.1% |
| Other amounts payable | 178/9 | €500 | €500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,470 | €52,022 | +€2,552 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €34,835 | €34,904 | +€68 | +0.2% |
| Trade debts | 44 | €7,834 | €11,286 | +€3,453 | +44.1% |
| Suppliers | 440/4 | €7,834 | €11,286 | +€3,453 | +44.1% |
| Taxes, remuneration and social security | 45 | €6,732 | €5,249 | -€1,483 | -22.0% |
| Taxes | 450/3 | €6,732 | €5,249 | -€1,483 | -22.0% |
| Other amounts payable | 47/48 | €69 | €583 | +€514 | +741% |
| Accrued charges and deferred income | 492/3 | €397 | €300 | -€97 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,742 | €38,005 | -€3,737 | -9.0% |
| Other operating charges | 640/8 | €1,716 | €1,692 | -€24 | -1.4% |
| Gross operating margin | 9900 | €101,650 | €115,956 | +€14,306 | +14.1% |
| Operating profit (loss) | 9901 | €58,192 | €76,259 | +€18,067 | +31.0% |
| Financial income | 75/76B | - | €367 | +€367 | |
| Recurring financial income | 75 | - | €367 | +€367 | |
| Financial charges | 65/66B | €2,645 | €2,166 | -€479 | -18.1% |
| Recurring financial charges | 65 | €2,645 | €2,166 | -€479 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €55,547 | €74,460 | +€18,913 | +34.0% |
| Income taxes | 67/77 | €15,175 | €21,167 | +€5,993 | +39.5% |
| Profit (loss) for the period | 9904 | €40,372 | €53,292 | +€12,920 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,372 | €53,292 | +€12,920 | +32.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.