KÖCO BELGIUM: 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.
KÖCO BELGIUM
Largest movements
- Receivables within one year +€55,161
up €55,161 (+29.5%), from €186,804 to €241,965
- Trade debts +€86,083
up €86,083 (+850%), from €10,123 to €96,206
- Profit (loss) carried forward -€26,038
new in 2022: -€26,038
- Tax, wage and social debts -€12,868
down €12,868 (-50.3%), from €25,577 to €12,709
- Other debts +€4,846
up €4,846 (+13.6%), from €35,676 to €40,522
- Short-term financial debts +€2,712
up €2,712 (+6.0%), from €44,875 to €47,587
- Gross operating margin -€80,698
down €80,698, from €55,111 to -€25,587
- Other operating charges -€34,084
no longer reported in 2022 (was €34,084)
- Financial charges -€5,322
down €5,322 (-99.6%), from €5,346 to €24
- Taxes -€4,097
no longer reported in 2022 (was €4,097)
From the 2021 result to the 2022 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 | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,658 | €244,392 | +€54,734 | +28.9% |
| Fixed assets | 21/28 | €2,854 | €2,427 | -€427 | -15.0% |
| Tangible fixed assets | 22/27 | €1,804 | €1,377 | -€427 | -23.7% |
| Furniture and vehicles | 24 | €1,804 | €1,377 | -€427 | -23.7% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €186,804 | €241,965 | +€55,161 | +29.5% |
| Amounts receivable within one year | 40/41 | €186,804 | €241,965 | +€55,161 | +29.5% |
| Trade receivables | 40 | €186,804 | €241,965 | +€55,161 | +29.5% |
| Total equity and liabilities | 10/49 | €189,658 | €244,392 | +€54,734 | +28.9% |
| Equity | 10/15 | €73,406 | €47,368 | -€26,038 | -35.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,806 | €54,806 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,946 | €52,946 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€26,038 | -€26,038 | |
| Amounts payable | 17/49 | €116,252 | €197,024 | +€80,772 | +69.5% |
| Amounts payable within one year | 42/48 | €116,252 | €197,024 | +€80,772 | +69.5% |
| Financial debts | 43 | €44,875 | €47,587 | +€2,712 | +6.0% |
| Credit institutions | 430/8 | €44,875 | €47,587 | +€2,712 | +6.0% |
| Trade debts | 44 | €10,123 | €96,206 | +€86,083 | +850% |
| Suppliers | 440/4 | €10,123 | €96,206 | +€86,083 | +850% |
| Taxes, remuneration and social security | 45 | €25,577 | €12,709 | -€12,868 | -50.3% |
| Taxes | 450/3 | €25,577 | €12,709 | -€12,868 | -50.3% |
| Other amounts payable | 47/48 | €35,676 | €40,522 | +€4,846 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €427 | +€96 | +29.0% |
| Other operating charges | 640/8 | €34,084 | - | -€34,084 | |
| Gross operating margin | 9900 | €55,111 | -€25,587 | -€80,698 | |
| Operating profit (loss) | 9901 | €20,696 | -€26,014 | -€46,710 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,346 | €24 | -€5,322 | -99.6% |
| Recurring financial charges | 65 | €5,346 | €24 | -€5,322 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €15,350 | -€26,038 | -€41,388 | |
| Income taxes | 67/77 | €4,097 | - | -€4,097 | |
| Profit (loss) for the period | 9904 | €11,254 | -€26,038 | -€37,292 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,254 | -€26,038 | -€37,292 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.