KOCKO: 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.
KOCKO
Largest movements
- Receivables after one year -€15,000
down €15,000 (-18.1%), from €83,000 to €68,000
- Tangible fixed assets -€11,132
down €11,132 (-33.0%), from €33,694 to €22,562
of which Plant, machinery and equipment: -€9,176
- Cash +€9,455
up €9,455 (+23.1%), from €41,019 to €50,474
mainly Receivables after one year (+€15,000) and Depreciation (+€11,716)
- Deferred charges and accrued income +€2,849
up €2,849 (+322.2%), from €884 to €3,734
- Debts after one year -€9,596
down €9,596 (-33.6%), from €28,550 to €18,954
- Trade debts -€3,096
down €3,096 (-81.3%), from €3,809 to €714
- Profit (loss) carried forward -€2,430
down €2,430, from €0 to -€2,430
- Gross operating margin -€22,311
down €22,311 (-62.8%), from €35,553 to €13,243
- Taxes -€5,445
down €5,445 (-98.8%), from €5,514 to €69
- Financial charges -€364
down €364 (-7.4%), from €4,940 to €4,576
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.
Cash bridge derived
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 | €170,751 | €156,795 | -€13,957 | -8.2% |
| Fixed assets | 21/28 | €34,394 | €23,262 | -€11,132 | -32.4% |
| Tangible fixed assets | 22/27 | €33,694 | €22,562 | -€11,132 | -33.0% |
| Plant, machinery and equipment | 23 | €28,856 | €19,681 | -€9,176 | -31.8% |
| Furniture and vehicles | 24 | €4,194 | €2,881 | -€1,312 | -31.3% |
| Other tangible fixed assets | 26 | €644 | €0 | -€644 | -100.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €136,357 | €133,533 | -€2,824 | -2.1% |
| Amounts receivable after more than one year | 29 | €83,000 | €68,000 | -€15,000 | -18.1% |
| Trade receivables | 290 | €83,000 | €68,000 | -€15,000 | -18.1% |
| Amounts receivable within one year | 40/41 | €11,453 | €11,325 | -€128 | -1.1% |
| Trade receivables | 40 | €6,509 | €6,976 | +€467 | +7.2% |
| Other amounts receivable | 41 | €4,944 | €4,349 | -€595 | -12.0% |
| Cash at bank and in hand | 54/58 | €41,019 | €50,474 | +€9,455 | +23.1% |
| Deferred charges and accrued income | 490/1 | €884 | €3,734 | +€2,849 | +322.2% |
| Total equity and liabilities | 10/49 | €170,751 | €156,795 | -€13,957 | -8.2% |
| Equity | 10/15 | €116,976 | €114,546 | -€2,430 | -2.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €115,976 | €115,976 | = | 0.0% |
| Distributable reserves | 133 | €115,976 | €115,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€2,430 | -€2,430 | |
| Amounts payable | 17/49 | €53,776 | €42,249 | -€11,527 | -21.4% |
| Amounts payable after more than one year | 17 | €28,550 | €18,954 | -€9,596 | -33.6% |
| Financial debts | 170/4 | €28,550 | €18,954 | -€9,596 | -33.6% |
| Amounts payable within one year | 42/48 | €24,671 | €22,454 | -€2,217 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €9,321 | €9,596 | +€275 | +3.0% |
| Trade debts | 44 | €3,809 | €714 | -€3,096 | -81.3% |
| Suppliers | 440/4 | €3,809 | €714 | -€3,096 | -81.3% |
| Advances received on contracts in progress | 46 | - | €482 | +€482 | |
| Taxes, remuneration and social security | 45 | €514 | €0 | -€514 | -100.0% |
| Taxes | 450/3 | €514 | €0 | -€514 | -100.0% |
| Other amounts payable | 47/48 | €11,026 | €11,662 | +€635 | +5.8% |
| Accrued charges and deferred income | 492/3 | €555 | €842 | +€286 | +51.6% |
| Non-recurring operating income | 76A | €7,292 | €0 | -€7,292 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,435 | €11,716 | +€281 | +2.5% |
| Other operating charges | 640/8 | €637 | €672 | +€35 | +5.4% |
| Non-recurring operating charges | 66A | €979 | €0 | -€979 | -100.0% |
| Gross operating margin | 9900 | €35,553 | €13,243 | -€22,311 | -62.8% |
| Operating profit (loss) | 9901 | €22,503 | €855 | -€21,648 | -96.2% |
| Financial income | 75/76B | €1,660 | €1,360 | -€300 | -18.1% |
| Recurring financial income | 75 | €1,660 | €1,360 | -€300 | -18.1% |
| Financial charges | 65/66B | €4,940 | €4,576 | -€364 | -7.4% |
| Recurring financial charges | 65 | €4,940 | €4,576 | -€364 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €19,223 | -€2,361 | -€21,584 | |
| Income taxes | 67/77 | €5,514 | €69 | -€5,445 | -98.8% |
| Profit (loss) for the period | 9904 | €13,709 | -€2,430 | -€16,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,709 | -€2,430 | -€16,139 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.