KODI: 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.
KODI
Largest movements
- Tangible fixed assets -€8,283
down €8,283 (-26.9%), from €30,819 to €22,535
- Cash +€632
up €632 (+40.2%), from €1,569 to €2,201
mainly Depreciation (+€8,283) and Tax, wage and social debts (+€1,403)
- Receivables within one year +€370
up €370 (+8.1%), from €4,545 to €4,916
of which Trade receivables: +€1,479
- Other debts -€4,962
down €4,962 (-2.8%), from €177,095 to €172,132
- Trade debts -€4,271
down €4,271 (-74.8%), from €5,709 to €1,438
- Tax, wage and social debts +€1,403
up €1,403 (+127.6%), from €1,100 to €2,503
of which Taxes: +€1,403
- Profit (loss) carried forward +€549
up €549 (+0.3%), from -€197,712 to -€197,163
- Gross operating margin -€4,000
down €4,000 (-28.8%), from €13,903 to €9,903
- Other operating charges -€1,730
down €1,730 (-66.5%), from €2,602 to €872
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 | €36,934 | €29,652 | -€7,282 | -19.7% |
| Fixed assets | 21/28 | €30,819 | €22,535 | -€8,283 | -26.9% |
| Tangible fixed assets | 22/27 | €30,819 | €22,535 | -€8,283 | -26.9% |
| Furniture and vehicles | 24 | €30,819 | €22,535 | -€8,283 | -26.9% |
| Current assets | 29/58 | €6,115 | €7,117 | +€1,002 | +16.4% |
| Amounts receivable within one year | 40/41 | €4,545 | €4,916 | +€370 | +8.1% |
| Trade receivables | 40 | €3,369 | €4,848 | +€1,479 | +43.9% |
| Other amounts receivable | 41 | €1,177 | €68 | -€1,109 | -94.2% |
| Cash at bank and in hand | 54/58 | €1,569 | €2,201 | +€632 | +40.2% |
| Total equity and liabilities | 10/49 | €36,934 | €29,652 | -€7,282 | -19.7% |
| Equity | 10/15 | -€173,170 | -€172,621 | +€549 | +0.3% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €2,231 | €2,231 | = | 0.0% |
| Distributable reserves | 133 | €2,231 | €2,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,712 | -€197,163 | +€549 | +0.3% |
| Amounts payable | 17/49 | €210,104 | €202,273 | -€7,831 | -3.7% |
| Amounts payable within one year | 42/48 | €183,904 | €176,073 | -€7,831 | -4.3% |
| Trade debts | 44 | €5,709 | €1,438 | -€4,271 | -74.8% |
| Suppliers | 440/4 | €5,709 | €1,438 | -€4,271 | -74.8% |
| Taxes, remuneration and social security | 45 | €1,100 | €2,503 | +€1,403 | +127.6% |
| Taxes | 450/3 | €0 | €1,403 | +€1,403 | |
| Remuneration and social security | 454/9 | €1,100 | €1,100 | = | 0.0% |
| Other amounts payable | 47/48 | €177,095 | €172,132 | -€4,962 | -2.8% |
| Accrued charges and deferred income | 492/3 | €26,200 | €26,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,283 | €8,283 | = | 0.0% |
| Other operating charges | 640/8 | €2,602 | €872 | -€1,730 | -66.5% |
| Gross operating margin | 9900 | €13,903 | €9,903 | -€4,000 | -28.8% |
| Operating profit (loss) | 9901 | €3,017 | €747 | -€2,270 | -75.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €56 | €67 | +€11 | +20.4% |
| Recurring financial charges | 65 | €56 | €67 | +€11 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €2,962 | €681 | -€2,281 | -77.0% |
| Income taxes | 67/77 | €135 | €132 | -€3 | -2.0% |
| Profit (loss) for the period | 9904 | €2,827 | €549 | -€2,278 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,827 | €549 | -€2,278 | -80.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.