KODHO: what changed
Two fiscal 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.
KODHO
Largest movements
- Cash +€76,519
up €76,519 (+85.3%), from €89,736 to €166,255
mainly Net result for the year (+€56,237) and Receivables within one year (+€54,000)
- Receivables within one year -€54,000
down €54,000 (-100.0%), from €54,000 to €0
- Reserves +€56,237
up €56,237 (+10.6%), from €528,070 to €584,308
- Other debts -€32,240
down €32,240 (-3.3%), from €976,834 to €944,594
- Financial income -€17,172
down €17,172 (-21.3%), from €80,487 to €63,315
- Taxes -€1,478
down €1,478 (-20.7%), from €7,125 to €5,647
- Gross operating margin +€694
up €694 (+83.2%), from -€835 to -€140
- Other operating charges +€29
up €29 (+2.3%), from €1,261 to €1,290
- Financial charges -€12
down €12 (-100.0%), from €12 to €0
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 | €2,325,834 | €2,348,353 | +€22,519 | +1.0% |
| Fixed assets | 21/28 | €2,182,098 | €2,182,098 | = | 0.0% |
| Financial fixed assets | 28 | €2,182,098 | €2,182,098 | = | 0.0% |
| Current assets | 29/58 | €143,736 | €166,255 | +€22,519 | +15.7% |
| Amounts receivable within one year | 40/41 | €54,000 | €0 | -€54,000 | -100.0% |
| Other amounts receivable | 41 | €54,000 | €0 | -€54,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €89,736 | €166,255 | +€76,519 | +85.3% |
| Total equity and liabilities | 10/49 | €2,325,834 | €2,348,353 | +€22,519 | +1.0% |
| Equity | 10/15 | €1,341,149 | €1,397,386 | +€56,237 | +4.2% |
| Contributions | 10/11 | €812,000 | €812,000 | = | 0.0% |
| Reserves | 13 | €528,070 | €584,308 | +€56,237 | +10.6% |
| Distributable reserves | 133 | €528,070 | €584,308 | +€56,237 | +10.6% |
| Profit (loss) carried forward | 14 | €1,079 | €1,079 | = | 0.0% |
| Amounts payable | 17/49 | €984,685 | €950,967 | -€33,718 | -3.4% |
| Amounts payable within one year | 42/48 | €984,685 | €950,967 | -€33,718 | -3.4% |
| Trade debts | 44 | €726 | €749 | +€23 | +3.2% |
| Suppliers | 440/4 | €726 | €749 | +€23 | +3.2% |
| Taxes, remuneration and social security | 45 | €7,125 | €5,624 | -€1,502 | -21.1% |
| Taxes | 450/3 | €7,125 | €5,624 | -€1,502 | -21.1% |
| Other amounts payable | 47/48 | €976,834 | €944,594 | -€32,240 | -3.3% |
| Other operating charges | 640/8 | €1,261 | €1,290 | +€29 | +2.3% |
| Gross operating margin | 9900 | -€835 | -€140 | +€694 | +83.2% |
| Operating profit (loss) | 9901 | -€2,096 | -€1,430 | +€666 | +31.8% |
| Financial income | 75/76B | €80,487 | €63,315 | -€17,172 | -21.3% |
| Recurring financial income | 75 | €80,487 | €63,315 | -€17,172 | -21.3% |
| Financial charges | 65/66B | €12 | €0 | -€12 | -100.0% |
| Recurring financial charges | 65 | €12 | €0 | -€12 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €78,380 | €61,885 | -€16,495 | -21.0% |
| Income taxes | 67/77 | €7,125 | €5,647 | -€1,478 | -20.7% |
| Profit (loss) for the period | 9904 | €71,254 | €56,237 | -€15,017 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,254 | €56,237 | -€15,017 | -21.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.