KOEKOEKX: 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.
KOEKOEKX
Largest movements
- Cash +€142,222
up €142,222 (+46.9%), from €303,414 to €445,635
mainly Net result for the year (+€261,308) and Stocks and contracts (+€140,582)
- Stocks and contracts -€140,582
down €140,582 (-16.0%), from €880,887 to €740,305
- Reserves +€261,308
up €261,308 (+32.6%), from €802,663 to €1.1m
- Tax, wage and social debts -€186,706
down €186,706 (-72.7%), from €256,844 to €70,139
of which Taxes: -€192,948
- Other debts -€108,456
down €108,456 (-21.0%), from €517,344 to €408,888
- Accrued charges and deferred income +€34,979
up €34,979 (+142%), from €24,554 to €59,533
- Trade debts -€33,574
down €33,574 (-46.2%), from €72,746 to €39,171
- Financial income -€95,888
down €95,888 (-96.0%), from €99,928 to €4,039
- Taxes -€34,185
down €34,185 (-21.8%), from €156,624 to €122,440
- Gross operating margin +€19,617
up €19,617 (+3.0%), from €647,383 to €667,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,692,744 | €1,664,126 | -€28,618 | -1.7% |
| Fixed assets | 21/28 | €78,799 | €62,532 | -€16,267 | -20.6% |
| Tangible fixed assets | 22/27 | €28,799 | €12,532 | -€16,267 | -56.5% |
| Plant, machinery and equipment | 23 | €14,706 | €3,655 | -€11,051 | -75.1% |
| Furniture and vehicles | 24 | €14,093 | €8,878 | -€5,215 | -37.0% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €1,613,945 | €1,601,594 | -€12,351 | -0.8% |
| Stocks and contracts in progress | 3 | €880,887 | €740,305 | -€140,582 | -16.0% |
| Stocks | 30/36 | €880,887 | €740,305 | -€140,582 | -16.0% |
| Amounts receivable within one year | 40/41 | €428,758 | €413,239 | -€15,518 | -3.6% |
| Trade receivables | 40 | €428,758 | €374,548 | -€54,209 | -12.6% |
| Other amounts receivable | 41 | - | €38,691 | +€38,691 | |
| Cash at bank and in hand | 54/58 | €303,414 | €445,635 | +€142,222 | +46.9% |
| Deferred charges and accrued income | 490/1 | €886 | €2,414 | +€1,528 | +172% |
| Total equity and liabilities | 10/49 | €1,692,744 | €1,664,126 | -€28,618 | -1.7% |
| Equity | 10/15 | €821,255 | €1,082,563 | +€261,308 | +31.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €802,663 | €1,063,971 | +€261,308 | +32.6% |
| Distributable reserves | 133 | €802,663 | €1,063,971 | +€261,308 | +32.6% |
| Amounts payable | 17/49 | €871,489 | €581,563 | -€289,925 | -33.3% |
| Amounts payable within one year | 42/48 | €846,934 | €522,030 | -€324,904 | -38.4% |
| Trade debts | 44 | €72,746 | €39,171 | -€33,574 | -46.2% |
| Suppliers | 440/4 | €72,746 | €39,171 | -€33,574 | -46.2% |
| Advances received on contracts in progress | 46 | - | €3,831 | +€3,831 | |
| Taxes, remuneration and social security | 45 | €256,844 | €70,139 | -€186,706 | -72.7% |
| Taxes | 450/3 | €230,467 | €37,518 | -€192,948 | -83.7% |
| Remuneration and social security | 454/9 | €26,377 | €32,620 | +€6,243 | +23.7% |
| Other amounts payable | 47/48 | €517,344 | €408,888 | -€108,456 | -21.0% |
| Accrued charges and deferred income | 492/3 | €24,554 | €59,533 | +€34,979 | +142% |
| Remuneration, social security and pensions | 62 | €211,325 | €217,508 | +€6,184 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,678 | €16,827 | +€3,148 | +23.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,603 | +€3,603 | |
| Other operating charges | 640/8 | €7,755 | €9,301 | +€1,547 | +19.9% |
| Gross operating margin | 9900 | €647,383 | €667,000 | +€19,617 | +3.0% |
| Operating profit (loss) | 9901 | €414,625 | €419,761 | +€5,136 | +1.2% |
| Financial income | 75/76B | €99,928 | €4,039 | -€95,888 | -96.0% |
| Recurring financial income | 75 | €99,928 | €4,039 | -€95,888 | -96.0% |
| Financial charges | 65/66B | €36,489 | €40,052 | +€3,563 | +9.8% |
| Recurring financial charges | 65 | €36,489 | €40,052 | +€3,563 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €478,063 | €383,747 | -€94,316 | -19.7% |
| Income taxes | 67/77 | €156,624 | €122,440 | -€34,185 | -21.8% |
| Profit (loss) for the period | 9904 | €321,439 | €261,308 | -€60,131 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €321,439 | €261,308 | -€60,131 | -18.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.