Koch Julien: 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.
Koch Julien
Largest movements
- Cash +€66,719
up €66,719 (+99.4%), from €67,140 to €133,859
mainly Net result for the year (+€74,966) and Tax, wage and social debts (+€6,144)
- Receivables within one year +€8,184
up €8,184 (+72.3%), from €11,312 to €19,496
of which Trade receivables: +€8,015
- Tangible fixed assets +€5,242
up €5,242 (+3,702%), from €142 to €5,384
of which Land and buildings: +€4,474
- Profit (loss) carried forward +€74,966
up €74,966 (+111%), from €67,515 to €142,481
- Tax, wage and social debts +€6,144
up €6,144 (+228%), from €2,697 to €8,841
- Gross operating margin +€40,139
up €40,139 (+67.5%), from €59,487 to €99,626
- Taxes +€8,424
up €8,424 (+63.4%), from €13,292 to €21,717
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 | €80,882 | €161,201 | +€80,320 | +99.3% |
| Fixed assets | 21/28 | €142 | €5,384 | +€5,242 | +3,702% |
| Tangible fixed assets | 22/27 | €142 | €5,384 | +€5,242 | +3,702% |
| Land and buildings | 22 | - | €4,474 | +€4,474 | |
| Furniture and vehicles | 24 | €142 | €910 | +€768 | +543% |
| Current assets | 29/58 | €80,740 | €155,817 | +€75,077 | +93.0% |
| Amounts receivable within one year | 40/41 | €11,312 | €19,496 | +€8,184 | +72.3% |
| Trade receivables | 40 | €10,064 | €18,079 | +€8,015 | +79.6% |
| Other amounts receivable | 41 | €1,248 | €1,417 | +€169 | +13.5% |
| Cash at bank and in hand | 54/58 | €67,140 | €133,859 | +€66,719 | +99.4% |
| Deferred charges and accrued income | 490/1 | €2,288 | €2,462 | +€174 | +7.6% |
| Total equity and liabilities | 10/49 | €80,882 | €161,201 | +€80,320 | +99.3% |
| Equity | 10/15 | €70,015 | €144,981 | +€74,966 | +107% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,515 | €142,481 | +€74,966 | +111% |
| Amounts payable | 17/49 | €10,866 | €16,220 | +€5,354 | +49.3% |
| Amounts payable within one year | 42/48 | €10,866 | €16,220 | +€5,354 | +49.3% |
| Trade debts | 44 | €3,615 | €3,399 | -€216 | -6.0% |
| Suppliers | 440/4 | €3,615 | €3,399 | -€216 | -6.0% |
| Taxes, remuneration and social security | 45 | €2,697 | €8,841 | +€6,144 | +228% |
| Taxes | 450/3 | €2,697 | €8,841 | +€6,144 | +228% |
| Other amounts payable | 47/48 | €4,555 | €3,981 | -€574 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | €611 | +€495 | +424% |
| Other operating charges | 640/8 | €85 | €1,061 | +€976 | +1,147% |
| Gross operating margin | 9900 | €59,487 | €99,626 | +€40,139 | +67.5% |
| Operating profit (loss) | 9901 | €59,285 | €97,954 | +€38,669 | +65.2% |
| Financial income | 75/76B | €130 | €46 | -€84 | -64.8% |
| Recurring financial income | 75 | €130 | €46 | -€84 | -64.8% |
| Financial charges | 65/66B | €651 | €1,318 | +€667 | +103% |
| Recurring financial charges | 65 | €651 | €1,318 | +€667 | +103% |
| Profit (loss) for the period before taxes | 9903 | €58,765 | €96,682 | +€37,917 | +64.5% |
| Income taxes | 67/77 | €13,292 | €21,717 | +€8,424 | +63.4% |
| Profit (loss) for the period | 9904 | €45,472 | €74,966 | +€29,493 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,472 | €74,966 | +€29,493 | +64.9% |
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 27 October 2026 via checked.be.