Koekoek AVH: what changed
Koekoek AVH
Largest movements
- Tangible fixed assets +€31,618
up €31,618 (+1,445%), from €2,189 to €33,807
of which Furniture and vehicles: +€29,611
- Receivables after one year +€10,000
new in 2025: €10,000
- Receivables within one year +€9,270
up €9,270 (+51.8%), from €17,901 to €27,171
of which Other amounts receivable: +€9,270
- Cash -€8,665
down €8,665 (-18.1%), from €47,987 to €39,322
mainly Investment in fixed assets (net) (-€38,921) and Receivables after one year (-€10,000)
- Reserves +€21,123
up €21,123 (+42.7%), from €49,440 to €70,563
- Debts after one year +€20,932
new in 2025: €20,932
- Current portion of long-term debt +€6,119
new in 2025: €6,119
- Tax, wage and social debts -€5,380
down €5,380 (-37.6%), from €14,309 to €8,929
of which Taxes: -€5,380
- Depreciation +€6,818
up €6,818 (+1,406%), from €485 to €7,303
- Gross operating margin +€4,979
up €4,979 (+16.1%), from €30,991 to €35,970
- Taxes -€2,536
down €2,536 (-30.0%), from €8,465 to €5,929
- Financial charges +€1,026
up €1,026 (+1,413%), from €73 to €1,099
- Other operating charges +€518
up €518 (+439%), from €118 to €636
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,135 | €110,420 | +€42,285 | +62.1% |
| Fixed assets | 21/28 | €2,189 | €33,807 | +€31,618 | +1,445% |
| Tangible fixed assets | 22/27 | €2,189 | €33,807 | +€31,618 | +1,445% |
| Plant, machinery and equipment | 23 | €2,189 | €1,297 | -€891 | -40.7% |
| Furniture and vehicles | 24 | - | €29,611 | +€29,611 | |
| Other tangible fixed assets | 26 | - | €2,899 | +€2,899 | |
| Current assets | 29/58 | €65,946 | €76,613 | +€10,667 | +16.2% |
| Amounts receivable after more than one year | 29 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 291 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €17,901 | €27,171 | +€9,270 | +51.8% |
| Trade receivables | 40 | €17,901 | €17,901 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €9,270 | +€9,270 | |
| Cash at bank and in hand | 54/58 | €47,987 | €39,322 | -€8,665 | -18.1% |
| Deferred charges and accrued income | 490/1 | €58 | €120 | +€62 | +107% |
| Total equity and liabilities | 10/49 | €68,135 | €110,420 | +€42,285 | +62.1% |
| Equity | 10/15 | €52,440 | €73,563 | +€21,123 | +40.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,440 | €70,563 | +€21,123 | +42.7% |
| Distributable reserves | 133 | €49,440 | €70,563 | +€21,123 | +42.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,695 | €36,857 | +€21,162 | +135% |
| Amounts payable after more than one year | 17 | - | €20,932 | +€20,932 | |
| Financial debts | 170/4 | - | €20,932 | +€20,932 | |
| Amounts payable within one year | 42/48 | €15,673 | €15,920 | +€247 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,119 | +€6,119 | |
| Trade debts | 44 | €35 | €39 | +€4 | +11.4% |
| Suppliers | 440/4 | €35 | €39 | +€4 | +11.4% |
| Taxes, remuneration and social security | 45 | €14,309 | €8,929 | -€5,380 | -37.6% |
| Taxes | 450/3 | €12,309 | €6,929 | -€5,380 | -43.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,329 | €833 | -€496 | -37.3% |
| Accrued charges and deferred income | 492/3 | €21 | €5 | -€16 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €7,303 | +€6,818 | +1,406% |
| Other operating charges | 640/8 | €118 | €636 | +€518 | +439% |
| Gross operating margin | 9900 | €30,991 | €35,970 | +€4,979 | +16.1% |
| Operating profit (loss) | 9901 | €30,388 | €28,031 | -€2,358 | -7.8% |
| Financial income | 75/76B | €58 | €120 | +€62 | +107% |
| Recurring financial income | 75 | €58 | €120 | +€62 | +107% |
| Financial charges | 65/66B | €73 | €1,099 | +€1,026 | +1,413% |
| Recurring financial charges | 65 | €73 | €1,099 | +€1,026 | +1,413% |
| Profit (loss) for the period before taxes | 9903 | €30,374 | €27,052 | -€3,322 | -10.9% |
| Income taxes | 67/77 | €8,465 | €5,929 | -€2,536 | -30.0% |
| Profit (loss) for the period | 9904 | €21,909 | €21,123 | -€786 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,909 | €21,123 | -€786 | -3.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.