KOC: 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.
KOC
Largest movements
- Cash +€5,431
up €5,431 (+185%), from €2,939 to €8,370
mainly Receivables within one year (+€4,880) and Net result for the year (+€2,237)
- Receivables within one year -€4,880
down €4,880 (-29.8%), from €16,382 to €11,501
of which Other amounts receivable: -€5,480
- Tangible fixed assets -€380
down €380 (-50.0%), from €760 to €380
- Reserves +€2,237
up €2,237 (+18.8%), from €11,920 to €14,157
- Tax, wage and social debts -€2,226
down €2,226 (-66.7%), from €3,338 to €1,112
of which Taxes: -€2,218
- Trade debts +€359
up €359 (+5.1%), from €7,086 to €7,445
- Gross operating margin -€8,586
down €8,586 (-60.8%), from €14,123 to €5,537
- Taxes -€7,989
down €7,989 (-87.8%), from €9,101 to €1,112
- Other operating charges +€1,239
up €1,239 (+166%), from €748 to €1,987
- Financial income +€592
up €592 (+1,383%), from €43 to €635
- Financial charges -€481
down €481 (-77.4%), from €622 to €140
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 | €25,656 | €26,026 | +€371 | +1.4% |
| Fixed assets | 21/28 | €4,715 | €4,335 | -€380 | -8.1% |
| Tangible fixed assets | 22/27 | €760 | €380 | -€380 | -50.0% |
| Furniture and vehicles | 24 | €760 | €380 | -€380 | -50.0% |
| Financial fixed assets | 28 | €3,955 | €3,955 | = | 0.0% |
| Current assets | 29/58 | €20,940 | €21,691 | +€751 | +3.6% |
| Stocks and contracts in progress | 3 | €1,620 | €1,820 | +€200 | +12.3% |
| Stocks | 30/36 | €1,620 | €1,820 | +€200 | +12.3% |
| Amounts receivable within one year | 40/41 | €16,382 | €11,501 | -€4,880 | -29.8% |
| Trade receivables | 40 | - | €600 | +€600 | |
| Other amounts receivable | 41 | €16,382 | €10,901 | -€5,480 | -33.5% |
| Cash at bank and in hand | 54/58 | €2,939 | €8,370 | +€5,431 | +185% |
| Total equity and liabilities | 10/49 | €25,656 | €26,026 | +€371 | +1.4% |
| Equity | 10/15 | €15,232 | €17,469 | +€2,237 | +14.7% |
| Contributions | 10/11 | €3,312 | €3,312 | = | 0.0% |
| Reserves | 13 | €11,920 | €14,157 | +€2,237 | +18.8% |
| Distributable reserves | 133 | €11,920 | €14,157 | +€2,237 | +18.8% |
| Amounts payable | 17/49 | €10,424 | €8,557 | -€1,867 | -17.9% |
| Amounts payable within one year | 42/48 | €10,424 | €8,557 | -€1,867 | -17.9% |
| Trade debts | 44 | €7,086 | €7,445 | +€359 | +5.1% |
| Suppliers | 440/4 | €7,086 | €7,445 | +€359 | +5.1% |
| Taxes, remuneration and social security | 45 | €3,338 | €1,112 | -€2,226 | -66.7% |
| Taxes | 450/3 | €3,329 | €1,112 | -€2,218 | -66.6% |
| Remuneration and social security | 454/9 | €8 | - | -€8 | |
| Remuneration, social security and pensions | 62 | €119 | €316 | +€196 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €380 | -€194 | -33.8% |
| Other operating charges | 640/8 | €748 | €1,987 | +€1,239 | +166% |
| Gross operating margin | 9900 | €14,123 | €5,537 | -€8,586 | -60.8% |
| Operating profit (loss) | 9901 | €12,681 | €2,854 | -€9,827 | -77.5% |
| Financial income | 75/76B | €43 | €635 | +€592 | +1,383% |
| Recurring financial income | 75 | €43 | €635 | +€592 | +1,383% |
| Financial charges | 65/66B | €622 | €140 | -€481 | -77.4% |
| Recurring financial charges | 65 | €622 | €140 | -€481 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €12,102 | €3,349 | -€8,753 | -72.3% |
| Income taxes | 67/77 | €9,101 | €1,112 | -€7,989 | -87.8% |
| Profit (loss) for the period | 9904 | €3,001 | €2,237 | -€764 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,001 | €2,237 | -€764 | -25.4% |
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 13 October 2026 via checked.be.