KOCERO GROUP: 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.
KOCERO GROUP
Largest movements
- Receivables after one year +€21,487
up €21,487 (+32.9%), from €65,250 to €86,737
- Receivables within one year -€20,387
down €20,387 (-67.2%), from €30,334 to €9,947
- Tangible fixed assets -€3,460
down €3,460 (-35.1%), from €9,852 to €6,392
of which Furniture and vehicles: -€3,341
- Profit (loss) carried forward +€6,873
up €6,873 (+15.3%), from €44,775 to €51,648
- Tax, wage and social debts -€4,245
down €4,245 (-20.6%), from €20,567 to €16,322
- Trade debts -€4,206
down €4,206 (-27.6%), from €15,261 to €11,055
- Short-term financial debts -€1,306
down €1,306 (-6.6%), from €19,760 to €18,454
- Gross operating margin -€14,596
down €14,596 (-39.5%), from €36,940 to €22,344
- Taxes -€4,479
down €4,479 (-50.6%), from €8,852 to €4,373
- Staff costs -€3,314
down €3,314 (-41.5%), from €7,983 to €4,669
- Depreciation +€1,331
up €1,331 (+51.9%), from €2,563 to €3,894
- Financial income +€1,295
up €1,295 (+99.2%), from €1,305 to €2,600
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,868 | €103,075 | -€2,793 | -2.6% |
| Fixed assets | 21/28 | €9,852 | €6,392 | -€3,460 | -35.1% |
| Tangible fixed assets | 22/27 | €9,852 | €6,392 | -€3,460 | -35.1% |
| Furniture and vehicles | 24 | €9,390 | €6,049 | -€3,341 | -35.6% |
| Other tangible fixed assets | 26 | €462 | €343 | -€119 | -25.7% |
| Current assets | 29/58 | €96,016 | €96,684 | +€668 | +0.7% |
| Amounts receivable after more than one year | 29 | €65,250 | €86,737 | +€21,487 | +32.9% |
| Trade receivables | 290 | €65,250 | €86,737 | +€21,487 | +32.9% |
| Amounts receivable within one year | 40/41 | €30,334 | €9,947 | -€20,387 | -67.2% |
| Trade receivables | 40 | €30,334 | €9,947 | -€20,387 | -67.2% |
| Deferred charges and accrued income | 490/1 | €432 | - | -€432 | |
| Total equity and liabilities | 10/49 | €105,868 | €103,075 | -€2,793 | -2.6% |
| Equity | 10/15 | €49,775 | €56,648 | +€6,873 | +13.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,775 | €51,648 | +€6,873 | +15.3% |
| Amounts payable | 17/49 | €56,093 | €46,428 | -€9,665 | -17.2% |
| Amounts payable within one year | 42/48 | €56,093 | €46,428 | -€9,665 | -17.2% |
| Financial debts | 43 | €19,760 | €18,454 | -€1,306 | -6.6% |
| Credit institutions | 430/8 | €19,760 | €18,454 | -€1,306 | -6.6% |
| Trade debts | 44 | €15,261 | €11,055 | -€4,206 | -27.6% |
| Suppliers | 440/4 | €15,261 | €11,055 | -€4,206 | -27.6% |
| Taxes, remuneration and social security | 45 | €20,567 | €16,322 | -€4,245 | -20.6% |
| Taxes | 450/3 | €20,567 | €16,322 | -€4,245 | -20.6% |
| Other amounts payable | 47/48 | €505 | €598 | +€93 | +18.4% |
| Remuneration, social security and pensions | 62 | €7,983 | €4,669 | -€3,314 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,563 | €3,894 | +€1,331 | +51.9% |
| Other operating charges | 640/8 | €2,865 | €2,313 | -€552 | -19.3% |
| Gross operating margin | 9900 | €36,940 | €22,344 | -€14,596 | -39.5% |
| Operating profit (loss) | 9901 | €23,529 | €11,468 | -€12,061 | -51.3% |
| Financial income | 75/76B | €1,305 | €2,600 | +€1,295 | +99.2% |
| Recurring financial income | 75 | €1,305 | €2,600 | +€1,295 | +99.2% |
| Financial charges | 65/66B | €2,776 | €2,822 | +€46 | +1.7% |
| Recurring financial charges | 65 | €2,776 | €2,822 | +€46 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €22,058 | €11,247 | -€10,811 | -49.0% |
| Income taxes | 67/77 | €8,852 | €4,373 | -€4,479 | -50.6% |
| Profit (loss) for the period | 9904 | €13,206 | €6,873 | -€6,333 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,206 | €6,873 | -€6,333 | -48.0% |
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 24 October 2026 via checked.be.