KODOKI: 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.
KODOKI
Largest movements
- Cash -€12,716
down €12,716 (-81.7%), from €15,563 to €2,847
mainly Net result for the year (-€13,088) and Investment in fixed assets (net) (-€3,033)
- Intangible fixed assets +€2,163
new in 2025: €2,163
- Receivables within one year -€1,786
down €1,786 (-25.4%), from €7,018 to €5,232
of which Trade receivables: -€2,384
- Profit (loss) carried forward -€13,088
down €13,088 (-122.5%), from -€10,687 to -€23,776
- Trade debts +€1,203
new in 2025: €1,203
- Tax, wage and social debts -€1,114
no longer reported in 2025 (was €1,114)
- Accrued charges and deferred income +€660
new in 2025: €660
- Gross operating margin -€17,093
down €17,093, from €5,218 to -€11,875
- Depreciation -€2,377
down €2,377 (-73.2%), from €3,246 to €870
- Financial income +€150
new in 2025: €150
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 | €22,581 | €10,243 | -€12,339 | -54.6% |
| Fixed assets | 21/28 | - | €2,163 | +€2,163 | |
| Intangible fixed assets | 21 | - | €2,163 | +€2,163 | |
| Current assets | 29/58 | €22,581 | €8,079 | -€14,502 | -64.2% |
| Amounts receivable within one year | 40/41 | €7,018 | €5,232 | -€1,786 | -25.4% |
| Trade receivables | 40 | €7,018 | €4,634 | -€2,384 | -34.0% |
| Other amounts receivable | 41 | - | €598 | +€598 | |
| Cash at bank and in hand | 54/58 | €15,563 | €2,847 | -€12,716 | -81.7% |
| Total equity and liabilities | 10/49 | €22,581 | €10,243 | -€12,339 | -54.6% |
| Equity | 10/15 | €19,313 | €6,224 | -€13,088 | -67.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,687 | -€23,776 | -€13,088 | -122.5% |
| Amounts payable | 17/49 | €3,268 | €4,018 | +€750 | +22.9% |
| Amounts payable within one year | 42/48 | €3,268 | €3,358 | +€90 | +2.7% |
| Trade debts | 44 | - | €1,203 | +€1,203 | |
| Suppliers | 440/4 | - | €1,203 | +€1,203 | |
| Taxes, remuneration and social security | 45 | €1,114 | - | -€1,114 | |
| Taxes | 450/3 | €1,114 | - | -€1,114 | |
| Other amounts payable | 47/48 | €2,155 | €2,155 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €660 | +€660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,246 | €870 | -€2,377 | -73.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €5,218 | -€11,875 | -€17,093 | |
| Operating profit (loss) | 9901 | €1,584 | -€13,144 | -€14,729 | |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €47 | €94 | +€48 | +102.6% |
| Recurring financial charges | 65 | €47 | €94 | +€48 | +102.6% |
| Profit (loss) for the period before taxes | 9903 | €1,538 | -€13,088 | -€14,626 | |
| Profit (loss) for the period | 9904 | €1,538 | -€13,088 | -€14,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,538 | -€13,088 | -€14,626 |
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 7 October 2026 via checked.be.