Koeken & C°: 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.
Koeken & C°
Largest movements
- Tangible fixed assets -€40,058
down €40,058 (-2.7%), from €1.5m to €1.4m
of which Land and buildings: -€39,545
- Other debts -€29,594
down €29,594 (-3.1%), from €939,514 to €909,920
- Debts after one year -€28,607
down €28,607 (-5.2%), from €550,019 to €521,412
- Gross operating margin +€10,454
up €10,454 (+21.3%), from €49,168 to €59,622
- Financial charges -€2,027
down €2,027 (-13.3%), from €15,205 to €13,178
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 | €1,512,862 | €1,454,091 | -€58,771 | -3.9% |
| Formation expenses | 20 | €5,917 | €5,101 | -€817 | -13.8% |
| Fixed assets | 21/28 | €1,486,886 | €1,446,829 | -€40,058 | -2.7% |
| Tangible fixed assets | 22/27 | €1,486,886 | €1,446,829 | -€40,058 | -2.7% |
| Land and buildings | 22 | €1,486,115 | €1,446,569 | -€39,545 | -2.7% |
| Furniture and vehicles | 24 | €772 | €260 | -€512 | -66.4% |
| Current assets | 29/58 | €20,059 | €2,162 | -€17,897 | -89.2% |
| Amounts receivable within one year | 40/41 | €9,964 | - | -€9,964 | |
| Trade receivables | 40 | €3,500 | - | -€3,500 | |
| Other amounts receivable | 41 | €6,464 | - | -€6,464 | |
| Cash at bank and in hand | 54/58 | €10,095 | €2,162 | -€7,933 | -78.6% |
| Total equity and liabilities | 10/49 | €1,512,862 | €1,454,091 | -€58,771 | -3.9% |
| Equity | 10/15 | -€9,911 | -€12,013 | -€2,102 | -21.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,997 | €7,997 | = | 0.0% |
| Distributable reserves | 133 | €7,997 | €7,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,908 | -€40,011 | -€2,102 | -5.5% |
| Amounts payable | 17/49 | €1,522,774 | €1,466,105 | -€56,669 | -3.7% |
| Amounts payable after more than one year | 17 | €550,019 | €521,412 | -€28,607 | -5.2% |
| Financial debts | 170/4 | €550,019 | €521,412 | -€28,607 | -5.2% |
| Amounts payable within one year | 42/48 | €972,754 | €942,188 | -€30,566 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €28,023 | €30,965 | +€2,942 | +10.5% |
| Trade debts | 44 | €1,418 | €216 | -€1,202 | -84.8% |
| Suppliers | 440/4 | €1,418 | €216 | -€1,202 | -84.8% |
| Advances received on contracts in progress | 46 | €3,500 | - | -€3,500 | |
| Taxes, remuneration and social security | 45 | €300 | €1,087 | +€787 | +263% |
| Taxes | 450/3 | €300 | €1,087 | +€787 | +263% |
| Other amounts payable | 47/48 | €939,514 | €909,920 | -€29,594 | -3.1% |
| Accrued charges and deferred income | 492/3 | - | €2,505 | +€2,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,874 | €40,874 | = | 0.0% |
| Other operating charges | 640/8 | €7,082 | €7,678 | +€595 | +8.4% |
| Gross operating margin | 9900 | €49,168 | €59,622 | +€10,454 | +21.3% |
| Operating profit (loss) | 9901 | €1,212 | €11,071 | +€9,859 | +814% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €15,205 | €13,178 | -€2,027 | -13.3% |
| Recurring financial charges | 65 | €15,205 | €13,178 | -€2,027 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,994 | -€2,102 | +€11,892 | +85.0% |
| Profit (loss) for the period | 9904 | -€13,994 | -€2,102 | +€11,892 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,994 | -€2,102 | +€11,892 | +85.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.