KOBO ONE: 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.
KOBO ONE
Largest movements
- Cash +€69,507
up €69,507 (+144%), from €48,211 to €117,718
mainly Net result for the year (+€57,466) and Depreciation (+€11,477)
- Receivables within one year -€8,016
down €8,016 (-31.5%), from €25,410 to €17,394
of which Trade receivables: -€8,036
- Profit (loss) carried forward +€57,466
up €57,466 (+107%), from €53,679 to €111,145
- Current portion of long-term debt +€9,813
up €9,813 (+101%), from €9,728 to €19,541
- Debts after one year -€9,728
down €9,728 (-28.6%), from €34,048 to €24,320
- Tax, wage and social debts +€2,369
up €2,369 (+12.0%), from €19,736 to €22,105
- Gross operating margin +€9,730
up €9,730 (+12.9%), from €75,350 to €85,081
- Depreciation +€4,883
up €4,883 (+74.1%), from €6,593 to €11,477
- Taxes +€1,215
up €1,215 (+8.5%), from €14,230 to €15,445
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 | €123,322 | €184,413 | +€61,091 | +49.5% |
| Formation expenses | 20 | €223 | €0 | -€223 | -100% |
| Fixed assets | 21/28 | €48,667 | €48,490 | -€178 | -0.4% |
| Tangible fixed assets | 22/27 | €48,667 | €48,490 | -€178 | -0.4% |
| Furniture and vehicles | 24 | €2,015 | €1,137 | -€878 | -43.6% |
| Leasing and similar rights | 25 | €46,652 | €36,276 | -€10,377 | -22.2% |
| Other tangible fixed assets | 26 | - | €11,077 | +€11,077 | |
| Current assets | 29/58 | €74,432 | €135,923 | +€61,492 | +82.6% |
| Amounts receivable within one year | 40/41 | €25,410 | €17,394 | -€8,016 | -31.5% |
| Trade receivables | 40 | €25,410 | €17,375 | -€8,036 | -31.6% |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €48,211 | €117,718 | +€69,507 | +144% |
| Deferred charges and accrued income | 490/1 | €811 | €811 | = | 0.0% |
| Total equity and liabilities | 10/49 | €123,322 | €184,413 | +€61,091 | +49.5% |
| Equity | 10/15 | €56,679 | €114,145 | +€57,466 | +101% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,679 | €111,145 | +€57,466 | +107% |
| Amounts payable | 17/49 | €66,643 | €70,268 | +€3,625 | +5.4% |
| Amounts payable after more than one year | 17 | €34,048 | €24,320 | -€9,728 | -28.6% |
| Financial debts | 170/4 | €34,048 | €24,320 | -€9,728 | -28.6% |
| Amounts payable within one year | 42/48 | €32,595 | €45,948 | +€13,353 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €9,728 | €19,541 | +€9,813 | +101% |
| Financial debts | 43 | €37 | €0 | -€37 | -100% |
| Credit institutions | 430/8 | €37 | €0 | -€37 | -100% |
| Trade debts | 44 | €1,125 | €2,206 | +€1,080 | +96.0% |
| Suppliers | 440/4 | €1,125 | €2,206 | +€1,080 | +96.0% |
| Taxes, remuneration and social security | 45 | €19,736 | €22,105 | +€2,369 | +12.0% |
| Taxes | 450/3 | €19,736 | €22,105 | +€2,369 | +12.0% |
| Other amounts payable | 47/48 | €1,968 | €2,096 | +€128 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,593 | €11,477 | +€4,883 | +74.1% |
| Other operating charges | 640/8 | €676 | €255 | -€421 | -62.3% |
| Gross operating margin | 9900 | €75,350 | €85,081 | +€9,730 | +12.9% |
| Operating profit (loss) | 9901 | €68,081 | €73,349 | +€5,268 | +7.7% |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.3% |
| Financial charges | 65/66B | €178 | €438 | +€260 | +146% |
| Recurring financial charges | 65 | €178 | €438 | +€260 | +146% |
| Profit (loss) for the period before taxes | 9903 | €67,909 | €72,911 | +€5,002 | +7.4% |
| Income taxes | 67/77 | €14,230 | €15,445 | +€1,215 | +8.5% |
| Profit (loss) for the period | 9904 | €53,679 | €57,466 | +€3,788 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,679 | €57,466 | +€3,788 | +7.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.