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
- Receivables within one year -€14,984
down €14,984 (-25.6%), from €58,577 to €43,592
of which Trade receivables: -€26,364
- Tangible fixed assets -€13,092
down €13,092 (-30.0%), from €43,592 to €30,499
of which Leasing and similar rights: -€8,674
- Cash -€1,126
down €1,126 (-41.0%), from €2,747 to €1,621
mainly Trade debts (-€18,676) and Debts after one year (-€16,658)
- Trade debts -€18,676
down €18,676 (-78.5%), from €23,797 to €5,121
- Debts after one year -€16,658
down €16,658 (-67.6%), from €24,642 to €7,984
- Profit (loss) carried forward +€10,060
up €10,060 (+49.8%), from €20,184 to €30,244
- Short-term financial debts -€6,083
down €6,083 (-39.9%), from €15,239 to €9,156
- Tax, wage and social debts +€4,417
up €4,417 (+60.6%), from €7,288 to €11,705
of which Taxes: +€4,780
- Purchases and services -€178,899
no longer reported in 2025 (was €178,899)
- Depreciation +€6,482
up €6,482 (+138%), from €4,697 to €11,179
- Gross operating margin +€6,259
up €6,259 (+23.2%), from €26,939 to €33,199
- Taxes -€2,197
down €2,197 (-28.9%), from €7,612 to €5,415
- Other operating charges -€1,740
down €1,740 (-33.0%), from €5,277 to €3,536
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 | €104,916 | €75,713 | -€29,203 | -27.8% |
| Fixed assets | 21/28 | €43,592 | €30,499 | -€13,092 | -30.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €43,592 | €30,499 | -€13,092 | -30.0% |
| Furniture and vehicles | 24 | €25,421 | €21,003 | -€4,418 | -17.4% |
| Leasing and similar rights | 25 | €18,170 | €9,496 | -€8,674 | -47.7% |
| Current assets | 29/58 | €61,324 | €45,213 | -€16,111 | -26.3% |
| Amounts receivable within one year | 40/41 | €58,577 | €43,592 | -€14,984 | -25.6% |
| Trade receivables | 40 | €51,048 | €24,683 | -€26,364 | -51.6% |
| Other amounts receivable | 41 | €7,529 | €18,909 | +€11,380 | +151% |
| Cash at bank and in hand | 54/58 | €2,747 | €1,621 | -€1,126 | -41.0% |
| Total equity and liabilities | 10/49 | €104,916 | €75,713 | -€29,203 | -27.8% |
| Equity | 10/15 | €24,184 | €34,244 | +€10,060 | +41.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,184 | €30,244 | +€10,060 | +49.8% |
| Amounts payable | 17/49 | €80,732 | €41,469 | -€39,263 | -48.6% |
| Amounts payable after more than one year | 17 | €24,642 | €7,984 | -€16,658 | -67.6% |
| Financial debts | 170/4 | €24,642 | €7,984 | -€16,658 | -67.6% |
| Amounts payable within one year | 42/48 | €56,090 | €33,485 | -€22,605 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €9,766 | €7,503 | -€2,264 | -23.2% |
| Financial debts | 43 | €15,239 | €9,156 | -€6,083 | -39.9% |
| Credit institutions | 430/8 | €15,239 | €9,156 | -€6,083 | -39.9% |
| Trade debts | 44 | €23,797 | €5,121 | -€18,676 | -78.5% |
| Suppliers | 440/4 | €23,797 | €5,121 | -€18,676 | -78.5% |
| Taxes, remuneration and social security | 45 | €7,288 | €11,705 | +€4,417 | +60.6% |
| Taxes | 450/3 | €38 | €4,818 | +€4,780 | +12,645% |
| Remuneration and social security | 454/9 | €7,250 | €6,888 | -€363 | -5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €178,899 | - | -€178,899 | |
| Remuneration, social security and pensions | 62 | - | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,697 | €11,179 | +€6,482 | +138% |
| Other operating charges | 640/8 | €5,277 | €3,536 | -€1,740 | -33.0% |
| Non-recurring operating charges | 66A | - | €982 | +€982 | |
| Gross operating margin | 9900 | €26,939 | €33,199 | +€6,259 | +23.2% |
| Operating profit (loss) | 9901 | €16,966 | €17,411 | +€445 | +2.6% |
| Financial income | 75/76B | €0 | €413 | +€413 | +95,988% |
| Recurring financial income | 75 | €0 | €413 | +€413 | +95,988% |
| Financial charges | 65/66B | €872 | €2,349 | +€1,478 | +170% |
| Recurring financial charges | 65 | €872 | €2,349 | +€1,478 | +170% |
| Profit (loss) for the period before taxes | 9903 | €16,095 | €15,475 | -€620 | -3.9% |
| Income taxes | 67/77 | €7,612 | €5,415 | -€2,197 | -28.9% |
| Profit (loss) for the period | 9904 | €8,483 | €10,060 | +€1,578 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,483 | €10,060 | +€1,578 | +18.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.