KODI CONSULT: 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.
KODI CONSULT
Largest movements
- Receivables within one year +€32,083
up €32,083 (+140%), from €22,843 to €54,927
of which Other amounts receivable: +€24,882
- Tangible fixed assets +€4,347
up €4,347 (+236%), from €1,845 to €6,193
of which Furniture and vehicles: +€4,424
- Cash -€2,707
down €2,707 (-1.6%), from €173,812 to €171,105
mainly Receivables within one year (-€32,083) and Current portion of long-term debt (-€8,844)
- Reserves +€48,716
up €48,716 (+28.4%), from €171,626 to €220,343
of which Distributable reserves: +€50,576
- Current portion of long-term debt -€8,844
no longer reported in 2025 (was €8,844)
- Tax, wage and social debts -€5,331
down €5,331 (-29.9%), from €17,820 to €12,489
- Taxes +€8,438
up €8,438 (+31.7%), from €26,582 to €35,021
- Gross operating margin +€6,760
up €6,760 (+8.5%), from €79,629 to €86,389
- Financial income +€1,460
up €1,460 (+29,193%), from €5 to €1,465
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 | €211,736 | €244,846 | +€33,111 | +15.6% |
| Fixed assets | 21/28 | €1,845 | €6,193 | +€4,347 | +236% |
| Tangible fixed assets | 22/27 | €1,845 | €6,193 | +€4,347 | +236% |
| Furniture and vehicles | 24 | €1,421 | €5,846 | +€4,424 | +311% |
| Other tangible fixed assets | 26 | €424 | €347 | -€77 | -18.2% |
| Current assets | 29/58 | €209,890 | €238,654 | +€28,763 | +13.7% |
| Amounts receivable within one year | 40/41 | €22,843 | €54,927 | +€32,083 | +140% |
| Trade receivables | 40 | €22,579 | €29,781 | +€7,201 | +31.9% |
| Other amounts receivable | 41 | €264 | €25,146 | +€24,882 | +9,421% |
| Cash at bank and in hand | 54/58 | €173,812 | €171,105 | -€2,707 | -1.6% |
| Deferred charges and accrued income | 490/1 | €13,235 | €12,622 | -€613 | -4.6% |
| Total equity and liabilities | 10/49 | €211,736 | €244,846 | +€33,111 | +15.6% |
| Equity | 10/15 | €177,826 | €226,543 | +€48,716 | +27.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €171,626 | €220,343 | +€48,716 | +28.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €169,766 | €220,343 | +€50,576 | +29.8% |
| Amounts payable | 17/49 | €33,909 | €18,304 | -€15,606 | -46.0% |
| Amounts payable within one year | 42/48 | €32,653 | €17,048 | -€15,606 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €8,844 | - | -€8,844 | |
| Financial debts | 43 | €2,480 | €134 | -€2,346 | -94.6% |
| Credit institutions | 430/8 | €2,480 | €134 | -€2,346 | -94.6% |
| Trade debts | 44 | €3,450 | €4,424 | +€974 | +28.2% |
| Suppliers | 440/4 | €3,450 | €4,424 | +€974 | +28.2% |
| Taxes, remuneration and social security | 45 | €17,820 | €12,489 | -€5,331 | -29.9% |
| Taxes | 450/3 | €17,820 | €12,489 | -€5,331 | -29.9% |
| Other amounts payable | 47/48 | €58 | - | -€58 | |
| Accrued charges and deferred income | 492/3 | €1,256 | €1,256 | = | 0.0% |
| Non-recurring operating income | 76A | €21,039 | - | -€21,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,063 | €1,607 | -€456 | -22.1% |
| Other operating charges | 640/8 | €1,107 | €649 | -€458 | -41.3% |
| Gross operating margin | 9900 | €79,629 | €86,389 | +€6,760 | +8.5% |
| Operating profit (loss) | 9901 | €76,459 | €84,133 | +€7,674 | +10.0% |
| Financial income | 75/76B | €5 | €1,465 | +€1,460 | +29,193% |
| Recurring financial income | 75 | €5 | €1,465 | +€1,460 | +29,193% |
| Financial charges | 65/66B | €2,041 | €1,860 | -€180 | -8.8% |
| Recurring financial charges | 65 | €2,041 | €1,860 | -€180 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €74,423 | €83,737 | +€9,314 | +12.5% |
| Income taxes | 67/77 | €26,582 | €35,021 | +€8,438 | +31.7% |
| Profit (loss) for the period | 9904 | €47,841 | €48,716 | +€875 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,841 | €48,716 | +€875 | +1.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.