KOEKE HILDE: 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.
KOEKE HILDE
Largest movements
- Cash -€36,670
down €36,670 (-99.4%), from €36,894 to €224
mainly Net result for the year (-€55,335) and Trade debts (-€4,425)
- Current investments -€9,750
down €9,750 (-48.1%), from €20,250 to €10,500
- Deferred charges and accrued income -€5,336
down €5,336 (-54.8%), from €9,730 to €4,393
- Tangible fixed assets -€1,749
down €1,749 (-31.9%), from €5,478 to €3,729
of which Furniture and vehicles: -€1,535
- Profit (loss) carried forward -€55,335
down €55,335 (-177%), from -€31,226 to -€86,561
- Other debts +€7,103
up €7,103 (+1,875%), from €379 to €7,481
- Trade debts -€4,425
down €4,425 (-72.0%), from €6,148 to €1,723
- Gross operating margin -€25,889
down €25,889 (-165%), from -€15,732 to -€41,621
- Financial charges -€1,966
down €1,966 (-83.7%), from €2,350 to €384
- Financial income +€1,610
up €1,610 (+236%), from €683 to €2,293
- Other operating charges +€478
up €478 (+44.0%), from €1,087 to €1,565
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 | €77,949 | €25,214 | -€52,735 | -67.7% |
| Fixed assets | 21/28 | €5,478 | €3,729 | -€1,749 | -31.9% |
| Tangible fixed assets | 22/27 | €5,478 | €3,729 | -€1,749 | -31.9% |
| Furniture and vehicles | 24 | €3,368 | €1,833 | -€1,535 | -45.6% |
| Other tangible fixed assets | 26 | €2,110 | €1,896 | -€214 | -10.2% |
| Current assets | 29/58 | €72,470 | €21,485 | -€50,985 | -70.4% |
| Amounts receivable within one year | 40/41 | €5,596 | €6,367 | +€771 | +13.8% |
| Trade receivables | 40 | €5,596 | €6,367 | +€771 | +13.8% |
| Current investments | 50/53 | €20,250 | €10,500 | -€9,750 | -48.1% |
| Cash at bank and in hand | 54/58 | €36,894 | €224 | -€36,670 | -99.4% |
| Deferred charges and accrued income | 490/1 | €9,730 | €4,393 | -€5,336 | -54.8% |
| Total equity and liabilities | 10/49 | €77,949 | €25,214 | -€52,735 | -67.7% |
| Equity | 10/15 | €69,217 | €13,882 | -€55,335 | -79.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,843 | €81,843 | = | 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 | €79,983 | €79,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,226 | -€86,561 | -€55,335 | -177% |
| Amounts payable | 17/49 | €8,732 | €11,332 | +€2,600 | +29.8% |
| Amounts payable within one year | 42/48 | €8,732 | €11,332 | +€2,600 | +29.8% |
| Trade debts | 44 | €6,148 | €1,723 | -€4,425 | -72.0% |
| Suppliers | 440/4 | €6,148 | €1,723 | -€4,425 | -72.0% |
| Taxes, remuneration and social security | 45 | €2,206 | €2,128 | -€78 | -3.5% |
| Taxes | 450/3 | €2,206 | €178 | -€2,028 | -91.9% |
| Remuneration and social security | 454/9 | - | €1,950 | +€1,950 | |
| Other amounts payable | 47/48 | €379 | €7,481 | +€7,103 | +1,875% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,130 | €1,749 | -€380 | -17.9% |
| Other operating charges | 640/8 | €1,087 | €1,565 | +€478 | +44.0% |
| Non-recurring operating charges | 66A | - | €12,071 | +€12,071 | |
| Gross operating margin | 9900 | -€15,732 | -€41,621 | -€25,889 | -165% |
| Operating profit (loss) | 9901 | -€18,948 | -€57,006 | -€38,058 | -201% |
| Financial income | 75/76B | €683 | €2,293 | +€1,610 | +236% |
| Recurring financial income | 75 | €683 | €2,293 | +€1,610 | +236% |
| Financial charges | 65/66B | €2,350 | €384 | -€1,966 | -83.7% |
| Recurring financial charges | 65 | €2,350 | €384 | -€1,966 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,616 | -€55,098 | -€34,482 | -167% |
| Income taxes | 67/77 | €371 | €237 | -€133 | -36.0% |
| Profit (loss) for the period | 9904 | -€20,987 | -€55,335 | -€34,348 | -164% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,987 | -€55,335 | -€34,348 | -164% |
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 26 October 2026 via checked.be.